July 2026

PFIPC CBN Account Opening Incomplete, No Funds Released — Accountant-General’s Office

The Office of the Accountant-General of the Federation (OAGF) has clarified that no account was successfully opened with the Central Bank of Nigeria (CBN) for the Presidential Economic Advisory Council/Presidential Foreign Intervention Promotion Council (PFIPC), stressing that no public funds have been released to the body despite its allocation in the 2026 Appropriation Act. The […]

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July 6, 2026
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Business

Tony Elumelu to Retire as UBA Chairman, Emmanuel Nnorom Named Successor

United Bank for Africa Plc (UBA) has announced that its Group Chairman, Tony Elumelu, will retire from the Board of Directors on August 21, 2026, after completing the maximum 12-year tenure for non-executive directors stipulated by the Central Bank of Nigeria (CBN). The decision was announced at the bank’s board meeting on Monday, where UBA […]

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July 6, 2026
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Breaking News

Tinubu Pledges Technology-Driven Military Operations to Tackle Insecurity

A Research and Development Exhibition, highlighting the Nigerian Army’s growing strides in indigenous innovation and technological. advancement. X/@HQNigerianArmy President Bola Tinubu has reaffirmed his administration’s commitment to tackling insecurity through intelligence-led and technology-enabled military operations aimed at safeguarding Nigerians and strengthening national security. Speaking on Monday at the grand finale of the 2026 Nigerian Army […]

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July 6, 2026
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Breaking News

PFIPC: Police Reportedly Arrest Adeyemi’s Father Amid Ongoing Forgery Trial

The father of Prince Adeyemi Adeniyi, who is currently standing trial over alleged forgery and impersonation, was reportedly arrested by police operatives on Monday in Ogbomoso, Oyo State. Residents said the arrest took place at the family’s residence, where police officers reportedly arrived in several vehicles before taking Adeniyi’s father and another man, believed to […]

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July 6, 2026
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Business

FG Spent N358.3bn on Electricity Subsidy in Q1 2026 – NERC

The Federal Government spent N358.32 billion on electricity tariff subsidies in the first quarter of 2026 to bridge the gap between cost-reflective tariffs and the rates paid by consumers, the Nigerian Electricity Regulatory Commission (NERC) has disclosed. According to NERC’s First Quarter 2026 report released on Monday, the subsidy represents a 14.44 per cent decline […]

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July 6, 2026
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Politics

Obi Urges Tinubu to Resign Over Governance Failures or Forgo 2027 Re-election Bid

Presidential candidate of the Nigeria Democratic Congress (NDC), Peter Obi, has called on President Bola Tinubu to resign over what he described as failures in governance or, alternatively, refrain from seeking re-election in 2027. In a statement issued on Monday by his spokesman, Idris Zekeri, Obi said the President’s handling of insecurity and governance had […]

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July 6, 2026
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Sport

Why I Didn’t Take Brazil’s Penalty Against Norway — Vinicius

Vinicius Júnior has explained why he did not take Brazil’s first-half penalty in their 2-1 defeat to Norway, insisting the decision was made by head coach Carlo Ancelotti. Brazil’s hopes of ending their long wait for a sixth FIFA World Cup title came to a disappointing end after Erling Haaland scored twice to send Norway […]

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July 6, 2026
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Breaking News

FG Warns Marketers Against Using Old Fuel Stock to Keep Petrol Prices High

The Federal Government has warned petroleum marketers against using profits from previously purchased high-cost fuel inventories to justify maintaining elevated petrol prices, insisting that the benefits of lower replacement costs must be passed on to consumers. The warning came as the government expressed concern over the disconnect between declining global crude oil prices and domestic […]

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July 6, 2026
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Business

Polaris Bank Empowers 6,200 Journalists Through Annual Media Seminar

L-R: Rasheed Bolarinwa, Group Head, Brand Management & Corporate Communications, Polaris Bank Limited; Professor Abigail Ogwezzy-Ndisika of Mass Communication Dept, University of Lagos; Olufemi Awoyemi, mni, Chairman, Pros-hare; and Sheriff Adekoya, Lead Strategist, Edgeforth Business Solutions, at the 12th Polaris Bank Annual Media Capacity Seminar in Lagos over the weekend. Polaris Bank Limited has reaffirmed […]

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July 6, 2026
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Breaking News

Xenophobia: Another Batch of Nigerians to Return from South Africa Tuesday — FG

The Federal Government has announced that another batch of Nigerians will be evacuated from South Africa on Tuesday as authorities continue efforts to bring home citizens affected by the renewed wave of xenophobic attacks. The Minister of Foreign Affairs, Bianca Odumegwu-Ojukwu, disclosed this in a statement posted on her official X account on Monday. “Another […]

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July 6, 2026
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