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Month: May 2026

Breaking News

CBN extends PoS geo-fencing deadline to August 1

The Central Bank of Nigeria has extended the enforcement of Point-of-Sale terminal geo-fencing to August 1, 2026, giving financial institutions and payment service providers additional time to comply with the regulatory requirement aimed at strengthening oversight of electronic payment channels. The directive was contained in a circular dated May 29, 2026, and obtained from the […]

Sport

Madrid tops Forbes list as world’s most valuable football club

Real Madrid have been named the most valuable football club in the world according to Forbes’ latest annual rankings on Friday. The Spanish giants are valued at $9.5bn (£7.06bn), up significantly from £5.02bn a year earlier, reflecting continued commercial growth across sponsorships, broadcasting, and global brand expansion. FC Barcelona have moved into second place with […]

Breaking News

Defence minister rates Tinubu govt 70% on security

Defence Minister Christopher Musa has scored the Tinubu administration 65 to 70 per cent on security performance. He said terrorism had been drastically reduced to isolated kidnapping incidents, even as a wave of school abductions across several states continues to be a big challenge for the nation. Musa spoke on ARISE News on Friday to […]

Breaking News

NSIB Launches Probe Into Vessel Collision In Bonny

The Nigerian Safety Investigation Bureau (NSIB) has launched a full-scale investigation into the collision involving a container vessel and an oil tanker at Bonny Anchorage in Rivers State. The marine incident, which occurred on May 20, 2026, has been classified by the Bureau as a “Very Serious Marine Casualty.”In a statement issued on Friday by […]

Breaking News

Wike Threatens To Revoke Titles Of FCT Event Centres Used By ‘Unrecognised Political Groups’

The Federal Capital Territory Administration (FCTA) under the leadership of the FCT Minister, Nyesom Wike, has warned owners of event centres, hotels and other public facilities in the Federal Capital Territory against allowing their premises to be used by illegal organisations or unrecognised political party leaderships. The FCTA said title documents of any event centre, […]

Breaking News

Coup plotters were foolhardy even civilians would’ve taken them down — Defence minister

Defence Minister Christopher Musa has said the officers who plotted to overthrow President Bola Tinubu’s government had so little support that ordinary Nigerians would have taken them down without the military’s intervention. He described the plotters as a band of confused individuals who recklessly dragged clueless junior officers into a doomed enterprise. Musa spoke on […]

World

Two Nigerians, three others arrested over gang rape of tourist in Italy

Police officers during a raid on the abandoned building in Rome, Italy, where a Colombian tourist was allegedly held captive and gang-raped for 72 hours. Credit: Polizia di Stato Italian police have arrested two Nigerians and three other African migrants over the alleged abduction and gang rape of a Colombian tourist in Rome. According to […]

Economy

Petrol price stands at N1,532.93 per litre in April – NBS

The National Bureau of Statistics (NBS) says the average retail price of a litre of petrol witnessed an increase from N1,288.54 in March to N1,532.93 in April. The NBS made this known in its Premium Motor Spirit (Petrol) Price Watch for April, released in Abuja. It said that the April price of N1,532.93 represented an […]

Sport

EPL: Konaté set to leave Liverpool as free agent

Ibrahima Konaté is set to leave Liverpool as a free agent after negotiations over a new contract broke down. As reported by Fabrizio Romano on X on Friday, the France international will depart the club once his current deal expires, despite earlier optimism that an agreement had been reached in principle. Talks had reportedly progressed […]

Breaking News

Nigeria Passing Through Test, Will Emerge Stronger, Tinubu Says On Third Anniversary

President Bola Tinubu President Bola Tinubu has said Nigeria is undergoing a difficult phase but expressed optimism that the country would emerge stronger, more united and prosperous. Tinubu stated this on Thursday in a statement marking the third anniversary of his administration on May 29, 2026. The President said nations are often tested before attaining […]

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