Picture displaying Nigerian naira note being exchanged with the dollar

Naira Strengthens to ₦1,400/$ at Official Market

The Nigerian naira appreciated to approximately ₦1,400 per US dollar at the official Nigerian Foreign Exchange Market (NFEM) on Tuesday, marking its strongest performance since the Central Bank’s forex unification policy reshaped the currency landscape in 2023. The appreciation represents a notable shift from the ₦1,435.75 closing rate recorded on December 31, 2025, and reflects…

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ax law signed by Tinubu differs from what National Assembly passed

The tax law signed by Tinubu differs from what National Assembly passed

Senator Ali Ndume (Borno South) has ignited a constitutional controversy by alleging that the version of Nigeria’s landmark tax reform legislation signed into law by President Bola Tinubu differs substantially from what the National Assembly actually passed—a claim he characterizes as deception of the Nigerian public. Speaking during a Senate session in late December 2025,…

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bandit ambush on the Gusau-Kasheta highway in Birnin Magaji Local Government Area, Zamfara State.

Bandits Kill Infant, Abduct Passengers on Zamfara Highway

Armed bandits ambushed a passenger vehicle along the Gusau–Kasheta Kura road in Birnin Magaji Local Government Area early Tuesday, killing a one-year-old child, injuring the infant’s mother, and abducting multiple passengers. The attack occurred around 7:30 a.m. near Unguwar Liman village, a stretch repeatedly targeted despite military operations in the region. Eyewitnesses reported assailants opening…

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Dangote Refinery facility in Lekki, Lagos, with fuel tankers lined up at the gantry during commercial operations

Dangote Refinery Raises Petrol Price by ₦100

Dangote Petroleum Refinery has increased its ex-gantry price for Premium Motor Spirit by ₦100 per liter from ₦699 to ₦799 effective January 26, ending a temporary festive-season pricing arrangement that had held since mid-December. The adjustment, confirmed by multiple fuel distribution sources, reflects rising operational costs, including crude oil prices and foreign exchange pressures. Bonny…

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Omoyele Sowore speaking passionately during a press briefing, microphone in hand, addressing journalists about Nigeria's security crisis and government accountability.

Activist Sowore’s Terrorism Allegations Spark Debate Amid Nigeria’s Security Crisis

Nigerian activist Omoyele Sowore has reignited public discourse on counterterrorism with explosive allegations that the Federal Government “hired opposing terrorists to go and fight themselves” and that security agencies are compromised, a claim that has drawn both support from critics of government security policy and sharp rebukes from officials who call it unsubstantiated. Sowore, founder…

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Cybersecurity researchers analyzing code on multiple monitors while reviewing WhatsApp's encryption architecture and metadata handling practices.

Lawsuit Challenges WhatsApp’s Privacy Claims as Encryption Debate Intensifies

An international coalition of plaintiffs spanning five continents filed a landmark lawsuit against Meta Platforms last week, alleging the tech giant can “store, analyze, and access virtually all of WhatsApp users’ purportedly ‘private’ communications,” claims Meta has dismissed as “frivolous” and factually incorrect. The legal action, filed January 23 in multiple jurisdictions, arrives amid growing…

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Senate Committee members seated at a hearing table, questioning NNPC officials during investigation into ₦210 trillion unexplained accounting entries.

NNPC Accounting Discrepancy: Separating Fact from Viral Misinformation

Social media platforms have been flooded with claims that “₦210 trillion was diverted by NNPC” and subsequently “written off” by the Tinubu administration, a narrative that conflates separate issues and misrepresents critical financial facts currently under Senate scrutiny. What the ₦210 Trillion Figure Actually Represents The ₦210 trillion figure emerged not from an external auditor’s…

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Traders gathered outside barricaded gates of Onitsha Main Market holding handwritten placards, voices raised in protest against the one-week shutdown order; security personnel visible in background under morning sun.

Tensions as Traders Protest Onitsha Market Closure, Chant Pro-Kanu Slogans

Emotions ran high Tuesday morning outside the barricaded gates of Onitsha Main Market as hundreds of traders gathered to protest Governor Chukwuma Soludo’s unprecedented one-week shutdown order, with some demonstrators breaking into chants that drew sharp criticism from religious and civic leaders. The protest erupted hours after security forces sealed all major entrances to Africa’s…

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