By Ayomide Otitoju The Nigeria Customs Service (NCS) has warned designated banks that delay remitting Customs revenue that they will face penalties, in a move to enhance transparency and protect government earnings. In a statement on Wednesday, NCS spokesman Abdullahi Maiwada said delays in revenue remittance undermine the efficiency, transparency, and integrity of government revenue…
Washington has approved an $11 billion arms package for Taiwan, one of the largest in recent years, Taipei announced Thursday, as the island seeks to bolster defenses against potential Chinese aggression. The proposed sale, which still requires US Congressional approval, includes HIMARS rocket systems, howitzers, anti-tank missiles, drones, and other military equipment, according to Taiwan’s…
By Ayomide Otitoju FIFA has announced a record prize pool of $655 million for the 2026 World Cup, with the tournament winners set to receive $50 million in prize money. The total prize fund represents an increase of nearly 50 per cent from the $440 million shared among teams at the 2022 World Cup in…
By Ayomide Otitoju Some electricity distribution companies (DisCos) have begun cutting power supply to customers following gas constraints affecting power generation across the country. The Enugu Electricity Distribution Company (EEDC) on Tuesday notified customers in the South-East of a drop in electricity supply, attributing the situation to low system frequency caused by gas shortages impacting…
By Ayomide Otitoju Operatives of the Ibadan Zonal Directorate of the Economic and Financial Crimes Commission (EFCC) have uncovered large consignments of counterfeit foreign currencies valued at $3.43 million and €280,000 from a five-member syndicate accused of defrauding a victim of ₦26.55 million. The suspects were arrested on December 7 and 8, 2025, at their…
By Ayomide Otitoju Burkina Faso has released 11 Nigerian Air Force (NAF) pilots and crew members nine days after their detention, following high-level diplomatic intervention by the Federal Government of Nigeria. The personnel were freed shortly after a Nigerian delegation, led by the Minister of Foreign Affairs, Ambassador Yusuf Tuggar, concluded diplomatic engagements with Burkinabè…
By Ayomide Otitoju The Senate Minority Leader, Senator Abba Moro, has reaffirmed the unwavering commitment of Peoples Democratic Party (PDP) senators to the party, declaring that no form of intimidation or political pressure would compel them to defect. Moro made the declaration during a consultative meeting with the PDP National Working Committee (NWC) in Abuja,…
By Ayomide Otitoju Governor Babajide Sanwo-Olu has called on multinational real estate developers to invest in Lagos, highlighting the State’s vision to evolve into a thriving mega city while addressing the challenges of rapid urban growth. The appeal was made at the 6th Lagos Real Estate Marketplace Conference, held at Eko Hotels and Suites, Victoria…
By Ayomide Otitoju Only six months after its June 2025 opening, the African Medical Centre of Excellence (AMCE) in Abuja is setting new standards in medical care in West Africa, achieving two major clinical firsts: its first open-heart surgery — a complex Triple Coronary Artery Bypass Grafting (CABG) — and the region’s first Stereotactic Body…
