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Damilare Adeleye

271 stories

  1. Crime

    NDLEA intercepts cocaine in food flasks, arrests suspects

    The National Drug Law Enforcement Agency (NDLEA) has confirmed the interception of 12 large parcels of cocaine concealed in false bottom of food flasks heading to the United Kingdom from the Murtala Muhammed International Airport (MMIA) Ikeja, Lagos. This was disclosed in a statement released on Sunday by NDLEA Director of Media and Advocacy, Femi ...

  2. News

    Two killed as explosion rocks filling station in Plateau

    Two persons have been confirmed dead while three others sustained injuries following an explosion at a filling station in Daffo District, Bokkos Local Government Area of Plateau State. In a statement released on Saturday the state police public relations officer, SP Alfred Alabo, clarified that the incident, which was earlier circulated online as a bomb ...

  3. News

    NBC warns broadcasters against hate speech ahead of 2027 polls

    The National Broadcasting Commission has warned television and radio stations that anchors who inject personal opinions, bully guests or deny opposing views risk sanctions for a “Class B breach” of the Nigeria Broadcasting Code. In a statement dated April 17, 2026 by its Public Affairs Directorate, the regulator said it had observed a “sustained increase ...

  4. Politics

    PDP demands Anyanwu’s removal from INEC portal

    The Kabiru Turaki-led Peoples Democratic Party has asked the Independent National Electoral Commission (INEC) to immediately expunge every recognition accorded to Senator Samuel Anyanwu as the party’s National Secretary, citing a subsisting court judgment affirming his expulsion. This was stated in a letter dated April 16, 2026, and addressed to the INEC Chairman by Abdulazeez ...

  5. Money market

    CBN rolls out NOFR rate

    The Central Bank of Nigeria has introduced the Nigerian Overnight Financing Rate (NOFR) as a new benchmark for the country’s money market, aimed at strengthening monetary policy transmission and enhancing market transparency. In a release issued Friday by Hakama Sidi Ali, Acting Director, Corporate Communications, the apex bank said the initiative was developed with the ...

  6. Business

    Transcorp Hotels to approve Q1 financial results on April 23

    Transcorp Hotels Plc has announced that its Board of Directors will meet on April 23, 2026, to consider and approve the company’s unaudited financial statements for the first quarter ended March 31, 2026. In a notice dated April 16, 2026, and signed by the Group Company Secretary, Atinuke Kolade, the hospitality firm stated that it ...

  7. Crime

    NSCDC bust Lagos baby factory, rescues 28

    Operatives of the Nigeria Security and Civil Defence Corps, Lagos State Command, have uncovered a suspected baby factory in the Okuju area of Ilado, Badagry, rescuing 18 pregnant women and 10 children during a coordinated raid. The operation, carried out on Wednesday night into the early hours of Thursday, led to the arrest of two ...

  8. Business

    Dangote: Surging oil prices could cripple African aviation, agriculture

    Africa’s richest man, Aliko Dangote, has warned that surging global oil prices, linked to tensions and disruptions around the Strait of Hormuz, could cripple key sectors across the continent, particularly aviation and agriculture. Speaking on Thursday during an interview with Semafor World Economy in Washington, DC, Dangote said the sharp volatility in crude oil markets ...

  9. Economy

    Just In: Pres. Tinubu signs N68.32tn 2026 budget into law

    President Bola Ahmed Tinubu has formally signed the sum of N68.32 trillion into law as the 2026 budget. This was just as the president also signed the bill extending the implementation period for the 2025 budget from March 31, 2026, to June 30, 2026. According to a statement issued on Friday by the special adviser to ...

  10. News

    Guinness Nigeria appoints new directors

    Guinness Nigeria Plc has appointed three new directors and re-elected three others, while fixing the remuneration of its non-executive directors at N180m for the 2026 financial year. The resolutions were approved at the company’s 75th Annual General Meeting held on April 15, 2026, in Victoria Island, Lagos. This was disclosed in a notice filed with ...

  11. Aviation

    Keyamo summons emergency meeting over airline shutdown

    The Minister of Aviation and Aerospace Development, Festus Keyamo, has summoned an emergency meeting following a threat by airline operators to suspend flight operations across the country over a sharp rise in the price of aviation fuel. This was just as he appealed to the domestic airline operators to shelve their planned shutdown. In a ...

  12. Crime

    Prisoner escapes after auto crash in Yobe

    A convicted inmate, Dahiru Mohammed has escaped following an auto crash while he was being transported from Potiskum to Damaturu, the state capital. This was disclosed in a statement made available by the Command’s Public Relations Officer, Abdullahi Adamu, on Wednesday. According to the Command, the escape took place on April 13 when the vehicle conveying inmates ...

  13. Oil & Gas

    Oando seals gas supply deal for Bayelsa 60MW power plant

    Oando PLC has announced that its upstream joint venture with the Nigerian National Petroleum Company Limited has secured a gas supply agreement to support a 60-megawatt independent power plant in Yenagoa. In a statement issued on Thursday, the company disclosed that the NEPL/Oando Joint Venture serves as the sole gas supplier to the Bayelsa State ...

  14. News

    Police Microfinance Bank declares final dividend, fixes June 11 for general meeting

    The Nigeria Police Force (NPF) Microfinance Bank Plc has announced a final dividend of 20 kobo per 50 kobo ordinary share for the financial year ended December 31, 2025. The payment remains subject to appropriate withholding tax and shareholder approval. In a corporate action notice dated April 15 and signed by the Company Secretary, Mrs. ...

  15. News

    Regency Alliance Insurance to amend share transfer rules at EGM

    Regency Alliance Insurance Plc has announced plans to hold an Extraordinary General Meeting on Friday, May 8, 2026, to approve major amendments to its Articles of Association, including changes to share transfer rules and the timeline for its rights issue. According to a notice signed by the company secretary, Anu Shobo, the meeting will be ...

  16. News

    FG to release 744 repentant terrorists after completing rehabilitation

    At least 744 repentant terrorists are set to be reintegrated into society after graduating from the Federal Government’s De-radicalization, Rehabilitation, and Reintegration (DRR) program under Operation Safe Corridor. The graduation ceremony took place on Thursday in Gombe with several stakeholders in attendance. A breakdown of the graduates indicates that the majority, 597 individuals are from ...

  17. Money market

    Naira trades at N1,342 to dollar

    The naira extended its winning streak to eight consecutive sessions on the Nigerian Foreign Exchange Market on Thursday, with the official NFEM rate strengthening to N1,342.3037/$. The closing rate for April 16, 2026, settled stronger at N1,341.0100/$, the best close in 14 days and N0.98 firmer than Wednesday’s N1,341.9900/$. At the official window, the dollar ...

  18. Inside Lagos

    Sanwo-Olu receives 24-Car trains to boost Lagos red line capacity

    Governor Babajide Sanwo-Olu has announced the arrival of a new set of 24-car trains to strengthen operations on the Lagos Red Line. In a statement released on Thursday via his social media account, the governor disclosed that the additional rolling stock would significantly enhance the capacity of the rail line, reduce passenger wait times, and ...

  19. News

    Gov. Dapo approves transport allowance for Ogun workers

    Governor Dapo Abiodun of Ogun state has approved a weekly day off and a N10,000 monthly transport allowance for civil servants in the state. The incentives were approved for the period of three months, beginning from April 2026, according to a statement issued on Thursday by the Head of Service, Kehinde Onasanya. Onasanya explained that ...

  20. Crime

    Police extradite murder suspect to UK

    The Nigeria Police Force, through the INTERPOL National Central Bureau (NCB) in Abuja, has extradited Matthew Chukwuemeka Adebiyi to the United Kingdom to face charges bordering on murder and drug trafficking. According to a statement issued on Thursday by the Force spokesperson, DCP Anthony Okon Placid, the extradition followed a formal request by United Kingdom ...