Category: news
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Federal Executive Council (FEC) has approved the 2026–2028 Medium-Term Expenditure Framework and Fiscal Strategy Paper (MTEF/FSP), adopting a conservative oil price benchmark of $64.85 per barrel and a budget exchange rate of ₦1,512/$1 for 2026. Minister of Budget and Economic Planning, Atiku Bagudu, told NEWSMEN after Wednesday’s meeting that the framework—developed with inputs from ministries,…
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Thailand has seized over $300 million in assets linked to major criminal networks operating multibillion-dollar online scam centres across Southeast Asia. Prime Minister Anutin Charnvirakul announced that the targeted individuals include Chen Zhi—Chinese-born founder of Cambodia’s Prince Holding Group—along with a Cambodian senator and two Thai nationals. Thailand’s Anti-Money Laundering Office reported confiscating 373 million…
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Newly confirmed Minister of Defence, Gen. Christopher Musa (retd.), has called for a unified national database and tighter financial tracking systems to combat crime and terrorism. Speaking during his five-hour Senate screening on Wednesday, Musa said Nigeria must adopt basic security infrastructures used in developed nations, including a comprehensive citizens’ database to help trace offenders.…
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Unified heavyweight champion Oleksandr Usyk has identified Deontay Wilder as his preferred opponent for his next fight. After stopping Daniel Dubois in July to become a two-time undisputed heavyweight champion, Usyk vacated his WBO belt, allowing Fabio Wardley to be elevated to full champion. Usyk said he finds a fight with Wilder “interesting,” citing the…
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Speaker of the House of Representatives, Tajudeen Abbas, has stated that Nigeria’s goal of becoming a trillion-dollar economy depends heavily on the growth and empowerment of small and medium-sized enterprises (SMEs). Speaking at the Enterprise Nexus Summit in Abuja, he emphasised that SMEs are central to the government’s economic agenda, noting that they already…
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Israel’s Defence Ministry has announced that its new laser-based air defence system, Iron Beam, has completed development and will be deployed by the end of December. The system, created over more than a decade in collaboration with Rafael and Elbit Systems, uses high-power lasers to intercept drones and other aerial threats at very low cost.…
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Police Service Commission (PSC) has debunked claims circulating on social media and unofficial websites that it has opened a recruitment portal for the Nigeria Police Force. In a statement on Monday, the PSC described the reports as fraudulent and intended to deceive Nigerians. It clarified that no recruitment exercise is currently ongoing and no portal…
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Vice Chancellor of Rivers State University, Prof. Isaac Zeb-Opibi, has ruled out shutting down or relocating the institution’s satellite campuses despite recent robbery attacks targeting students at the Emuoha campus. Some students had protested last week, citing repeated assaults, harassment by locals, and loss of valuables, and demanded relocation to the main campus for safety.…
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Presidency has responded to former President Olusegun Obasanjo’s critique of Nigeria’s security situation, asserting he lacks the credibility to criticize President Bola Tinubu. Obasanjo had expressed concern over rising insecurity and suggested Nigerians might seek foreign help, accusing the government of failure. In reaction, the Presidency countered by blaming terrorism’s roots on Obasanjo’s administration and…
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Governor Hope Uzodimma, has been declared “Governor of the Year” for 2025 by two Nigeria-based newspapers—Leadership Newspapers and New Telegraph—and a London-based magazine, Triangle International. These awards recognize his transparent and transformative leadership, particularly in infrastructure, digital economy, and skills development. The nominations, which were unsolicited, reflect thorough research by the media outlets, highlighting Uzodimma’s…
