Tinubu Signs Executive Order to Regulate Cryptocurrency and Virtual Assets in Nigeria

President Bola Ahmed Tinubu has signed the Presidential Executive Order on Virtual Assets Coordination, 2026, introducing a unified regulatory framework aimed at strengthening oversight of cryptocurrency and other virtual assets in Nigeria. The Executive Order, which takes immediate effect, marks a significant step in the Federal Government’s efforts to regulate the rapidly growing digital asset…

Sowore Vows to Reverse Public Assets Named After Tinubu if Elected President in 2027

African Action Congress (AAC) presidential candidate Omoyele Sowore has pledged to reverse the naming of highways, public institutions and other national assets after President Bola Ahmed Tinubu and other public office holders if he is elected Nigeria’s president in the 2027 general election. Sowore made the declaration in a statement shared on his Facebook page…

Military Veterans Urge Federal Government to Implement Approved ₦250,000 Minimum Wage for Armed Forces Personnel

Military veterans have called on the Federal Government to immediately implement the approved ₦250,000 minimum wage for serving members of the Nigerian Armed Forces, expressing frustration over what they described as prolonged delays in enforcing a salary review already approved through the legislative process. The demand was made during a retreat held on Monday at…

House of Representatives Withdraws State Police Bill, Moves to Consider Tinubu’s Constitutional Amendment Proposal

The House of Representatives has withdrawn its own proposed constitutional amendment seeking the establishment of state police, choosing instead to consider a similar bill submitted by President Bola Tinubu as part of his administration’s security reform agenda. The development was confirmed during Tuesday’s plenary session, where lawmakers gave the Executive-sponsored Constitution of the Federal Republic…

Zamfara Unveils $200 Million Lithium Processing Plant to Boost Industrial Growth and Job Creation

Zamfara State has taken a significant step toward becoming a major player in Nigeria’s mining industry with the inauguration of a $200 million lithium mining and processing plant in Boko Village, Zurmi Local Government Area. The facility, officially commissioned by Governor Dauda Lawal, is expected to accelerate industrial development, create employment opportunities, and position the…

NDC Calls for Suspension of Femi Gbajabiamila Over Allegations Linked to Controversial PFIPC Scandal

The Nigeria Democratic Congress (NDC) has called on President Bola Tinubu to immediately suspend the Chief of Staff to the President, Femi Gbajabiamila, following allegations linking him to the controversy surrounding the disputed Presidential Foreign Intervention Promotion Council (PFIPC). The opposition party made the demand in a statement issued on Friday by its National Publicity…

Nigeria to Seek Compensation for Businesses and Properties Abandoned by Citizens Returning from South Africa

The Federal Government has announced plans to pursue compensation for businesses, vehicles and other properties abandoned by Nigerians who are voluntarily returning from South Africa amid rising concerns over anti-immigrant protests. Nigeria’s Acting High Commissioner to South Africa, Alexander Ajayi, disclosed the development during an interview on Channels Television’s The Morning Brief, revealing that the…

World Bank Approves $1.25 Billion Loan for Nigeria

The World Bank has approved a fresh $1.25 billion loan for Nigeria under its Nigeria Actions for Investment and Jobs Acceleration programme, a move aimed at supporting economic reforms, stimulating private sector growth and creating more employment opportunities across the country. The approval was announced on Wednesday alongside the launch of the World Bank’s new…

Sanwo-Olu Approves Dredging of 28 Additional Drainage Channels as Lagos Battles Worsening Flooding

Lagos State Governor Babajide Sanwo-Olu has approved the immediate dredging and maintenance of 28 additional primary drainage channels across the state as part of efforts to address the persistent flooding that has affected several communities in recent weeks. The announcement was made by the Commissioner for the Environment and Water Resources, Tokunbo Wahab, who said…

Sanwo-Olu Approves 150 New Compactor Trucks to Strengthen Waste Management in Lagos

Lagos State Governor Babajide Sanwo-Olu has announced the approval of 150 new compactor trucks as part of the state government’s efforts to improve waste collection and address the growing waste evacuation challenges across Lagos. The governor made the announcement on Saturday during the June 2026 Environmental Sanitation Exercise held in Surulere, where he reaffirmed his…