July 2026

Customs exceeded 2025 revenue target despite waivers – CG

The Nigeria Customs Service on Monday said it surpassed its 2025 revenue target by 10.24 per cent, generating ₦7.28tn between January and December, despite a series of government-approved tax waivers and fiscal incentives aimed at stimulating economic growth. The Comptroller-General of Customs, Adewale Adeniyi, disclosed this while defending the agency’s 2025 budget performance and presenting […]

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July 6, 2026
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Breaking News

Oyebanji visits freed Ekiti kidnap victims, assumes responsibility for medical bills

Ekiti State Governor, Biodun Oyebanji, on Sunday visited victims of the recent kidnapping in Eda-Oniyo, Ilejemeje Local Government Area, who are receiving treatment at the Ekiti State University Teaching Hospital (EKSUTH), Ado-Ekiti. During the visit, the governor expressed gratitude over their safe release and announced that the state government would fully fund their medical treatment, […]

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July 5, 2026
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Sport

USA’s Balogun cleared to face Belgium after FIFA suspends red card ban

USA forward Folarin Balogun has been cleared to play in his side’s FIFA World Cup round-of-16 clash against Belgium after FIFA suspended the one-match ban imposed following his red card. Balogun was initially ruled out of Monday’s knockout fixture after being sent off during the United States’ 2-0 victory over Bosnia and Herzegovina in the […]

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July 5, 2026
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Sport

World Cup: Cape Verde proves success comes from planning, not population size — Peter Obi

The Nigeria Democratic Congress presidential candidate for the 2027 election, Peter Obi, has congratulated the African countries that participated in the 2026 FIFA World Cup, saying Cape Verde’s impressive run to the knockout stage shows that national success is driven by effective leadership and planning rather than population size. Obi, who was the Labour Party’s […]

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July 5, 2026
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Breaking News

Obi Alleges Tinubu Government Is ‘Grossly Corrupt’ Over Reported ₦8.83tn Unbudgeted Spending

The presidential candidate of the Nigeria Democratic Congress (NDC), Peter Obi, has accused the administration of President Bola Tinubu of widespread corruption following claims that ₦8.83 trillion in 2025 expenditure was not captured in the national budget. Obi made the allegation in a statement posted on his X (formerly Twitter) account on Sunday, citing what […]

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July 5, 2026
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Breaking News

FG Denies Spending ₦8tn Outside Budget, Says IMF Report Misrepresented

The Federal Government has denied claims that it spent more than ₦8 trillion outside the approved 2025 budget, describing the allegation as false and based on a misrepresentation of the International Monetary Fund’s 2026 Article IV Consultation Report. The government said reports alleging that about two per cent of Nigeria’s Gross Domestic Product (GDP) was […]

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July 5, 2026
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Breaking News

OPEC+ Approves Fresh Oil Output Increase as Middle East Tensions Ease

Seven members of the OPEC+ alliance agreed on Sunday to raise their oil production quotas again, signalling confidence in improving conditions across the Gulf following months of disruption caused by the Middle East conflict. In a statement issued after a virtual meeting, Saudi Arabia, Russia, Iraq, Kuwait, Kazakhstan, Algeria and Oman announced a combined production […]

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July 5, 2026
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Business

UPDATED: Discos Lose 1.13 Million Customers Despite Higher Revenue, Improved Power Supply

Electricity Distribution Companies (Discos) lost more than 1.13 million customers in 2025 as consumers grappled with rising electricity costs and persistent concerns over unreliable power supply, according to findings by Sunday PUNCH. The decline came despite improvements in electricity supply, record revenue generation and expanded metering across the sector. Data from the National Bureau of […]

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July 5, 2026
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Politics

US to Closely Monitor Nigeria’s 2027 General Elections — Congressman

The administration of US President Donald Trump will closely monitor Nigeria’s 2027 general elections, US Congressman Riley Moore has said. Moore, a Republican representing West Virginia, said Washington would be paying “very close attention” to how Nigeria conducts the polls and the outcome of the electoral process. He made the remarks during an interview with […]

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July 5, 2026
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Breaking News

NDLEA Arrests Nigerian-British Grandmother Over 13kg Cocaine Hidden in Fake Plantain Peels

The National Drug Law Enforcement Agency has arrested a 67-year-old Nigerian-British grandmother, Mary Barek, for allegedly attempting to smuggle 13 kilograms of cocaine concealed in fake plantain peels through the Murtala Muhammed International Airport. According to the agency, Barek, a caregiver based in the United Kingdom, was apprehended at the departure hall of Terminal 2 […]

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July 5, 2026
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