Customs intercept N398m cannabis sativa in Lagos
The Nigeria Customs Service, Western Marine Command, has seized a large amount of cannabis sativa worth N398 million in Lagos. According to the command’s spokesperson, Lomba Benjamin, officers intercepted 53 sacks of cannabis weighing 1,958kg. The operation took place at Ilase Sea Beach, about 200 nautical miles from the Lagos Anchorage. The Customs Area Controller, […]
US sanctions Rwandan minister and militant over support for M23 in DR Congo
The United States has announced new sanctions against a Rwandan minister and a senior leader of the M23 rebel group for their alleged role in the conflict in eastern Democratic Republic of Congo (DRC). The US accuses Rwanda of backing M23, which has recently captured key cities in the region, worsening the humanitarian crisis and […]
PSC approves promotion of 38 ACPS to DCPS, 100 CSPS to ACPS
The Police Service Commission (PSC) has approved the promotion of 38 Assistant Commissioners of Police (ACPs) to Deputy Commissioners of Police (DCPs). It also promoted 100 Chief Superintendents of Police (CSPs) to Assistant Commissioners of Police (ACPs). This decision was made on Thursday, February 20, 2025, during a special meeting at the PSC headquarters in […]
CBN retains Nigeria’s interest rate at 27.50% amid inflation drops
decided to keep the country’s interest rate at 27.50% in January 2025. This is the same rate set in November 2024, even as inflation has started to decrease. CBN Governor, Olayemi Cardoso, made this announcement after the 299th Monetary Policy Committee (MPC) meeting in Abuja. He explained that the committee chose to maintain the rate […]
No evidence USAID funding Boko Haram in Nigeria – US Ambassador counters lawmaker
The United States Ambassador to Nigeria, Richard Mills, has dismissed claims that the United States Agency for International Development (USAID) is funding Boko Haram or any other terrorist group in Nigeria. Mills made this statement after a meeting with the Nigeria Governors Forum in Abuja on Wednesday. He assured Nigerians that the US remains committed […]
Electricity Consumers To Pay Fines For Illegal Connection, Meter By-Pass
The Nigerian Electricity Regulatory Commission (NERC) has announced that electricity users who bypass their meters or connect illegally will face fines starting at N100,000. The penalty can go up to N300,000, depending on the type of customer. For maximum demand customers, the fines are even stricter. If caught stealing electricity, they must pay between 450% […]
Oil exploration: Avoid actions that could lead to repeat of 90s crisis – MOSOP begs Ogoni people
The Movement for the Survival of the Ogoni People (MOSOP) is calling on the Ogoni community to avoid actions that could lead to a repeat of the 1990s crisis. MOSOP’s President, Fegalo Nsuke, urged the people of Ogoni land to maintain peace, despite their dissatisfaction with the current talks on resuming oil exploration in the […]
Nigerian Breweries Plc Holds 2025 Distributor Awards, Rewards Trade Partners
Nigerian Breweries Plc, one of Nigeria’s leading brewing companies, honored its top trade partners at the 2025 Distributor Awards. The event, held on February 7, 2025, at Eko Hotel and Suites in Lagos, was filled with celebration, recognition, and entertainment. The awards night celebrated the hard work and dedication of distributors and transport partners who […]
No system collapse has occurred in Nigeria this year – TCN
The Transmission Company of Nigeria (TCN) has assured the public that there has been no system collapse in the country this year. Instead, recent power disruptions were caused by line tripping. In a statement posted on its official X handle, TCN clarified that the national grid has remained stable in 2024. The company explained that […]
Binance executive, Gambaryan reveals three Nigerian lawmakers who demanded $150m bribe
In January 2024, Binance executive Tigran Gambaryan was detained by Nigerian authorities, and he has since revealed disturbing details of his experience. In a social media post, Gambaryan shared that three Nigerian lawmakers demanded a $150 million bribe in cryptocurrency during a meeting, which he described as a “Mickey Mouse operation.” According to Gambaryan, he […]