Nigeria’s Flying Eagles have been eliminated from the race for the 2027 FIFA U-20 World Cup after suffering a heavy 4-1 defeat to Burkina Faso in the final of the 2026 WAFU Zone B U-20 Championship. The defeat at the Stade Charles Konan Banny in Yamoussoukro, Côte d’Ivoire, also ended Nigeria’s hopes of qualifying for...
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The Executive Chairman of the Nigeria Revenue Service (NRS), Dr Zacch Adedeji, has declared that Nigeria’s economy is emerging from a difficult period of adjustment and moving towards greater stability and resilience. Adedeji said the far-reaching economic reforms introduced by President Bola Ahmed Tinubu since May 2023 were beginning to produce measurable improvements in key...
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Ten major companies quoted on the Nigerian Exchange recorded a combined N14.4 trillion in revenue and N4.99 trillion in profit before tax in the first half of 2026, in what the Nigeria Revenue Service described as evidence that economic reforms under President Bola Ahmed Tinubu are beginning to translate into stronger corporate earnings. The performance...
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The European Union (EU) has ruled out deploying a full election observation mission to Nigeria for the 2027 general elections, citing the worsening security situation and the alleged hostile treatment of its observers and officials following the 2023 polls. The decision marks a significant departure from the EU’s longstanding practice of deploying large-scale election observation...
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The Socio-Economic Rights and Accountability Project (SERAP) has urged the 19 presidential candidates listed by the Independent National Electoral Commission (INEC) for the 2027 election to publicly declare their assets and liabilities and reject vote-buying. SERAP also asked the candidates to disclose the assets and liabilities of their spouses and, where applicable, unmarried children under...
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FMBN launches ₦100m mortgage in London as government and financial institutions seek to turn Diaspora resources into homes, investment and jobs LONDON — Nigeria has taken a significant step towards unlocking the economic potential of its citizens abroad with the launch of the Federal Mortgage Bank of Nigeria (FMBN) Diaspora National Housing Fund Mortgage in...
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Calls for the removal of the Chairman of the Economic and Financial Crimes Commission, Ola Olukoyede, intensified on Friday following the controversy over the agency’s restriction of accounts belonging to the Osun State Government. Opposition parties and some Nigerians accused the anti-graft agency of political interference, particularly because the action came days before the August...
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Two Nigerian women have been arrested by railway police in Delhi, India, after authorities allegedly recovered 2.28 kilogrammes of cocaine estimated to be worth about Rs20 crore, approximately N380 million. The suspects were identified as 43-year-old Chikanso James and 41-year-old Happiness Okoye. According to The New Indian Express, the women were arrested during a patrol...
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Nigeria and the Republic of Benin have pledged to strengthen security cooperation and forge a unified front against trans-border criminals operating across their shared borders. The commitment was made during a three-day strategic working visit to Cotonou by Nigeria’s Minister of Defence, General Christopher Musa (rtd), where he held talks with his Beninese counterpart, Minister...
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President Bola Tinubu has announced plans to reform the Nigerian National Petroleum Company (NNPC) and list it on the capital market as part of his administration’s broader economic reforms aimed at driving growth and building a $1 trillion economy. Tinubu disclosed this at the State House, Abuja, while receiving the Board and Management of the...
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