Nigerian Banks Earned ₦224.69 Billion from Electronic Banking and ATM Charges in Q1 2026

Nigerian banks generated a remarkable ₦224.69 billion from electronic banking services and ATM/card-related charges during the first quarter of 2026, highlighting the growing role of digital transactions in the country’s financial sector. The figure, compiled from the unaudited financial statements of 11 listed banks, represents a 12.56 percent increase from the ₦199.61 billion recorded during…

Tinubu Moves to Repatriate Nearly 300 Nigerians Imprisoned in Ethiopia

President Bola Ahmed Tinubu has initiated a major diplomatic effort aimed at bringing home nearly 300 Nigerian citizens currently serving prison sentences in Ethiopia, signaling a renewed commitment to addressing the welfare of Nigerians detained abroad. According to sources within the Presidency and Nigeria’s foreign service, the President has directed a high-level delegation to travel…

Nigerian Senate to Consider Six-Year Single Term for President and Governors After 2027 Elections

A proposal that could significantly reshape Nigeria’s political landscape is set to be considered by the National Assembly, as Senate Leader Opeyemi Bamidele has expressed support for a constitutional amendment that would introduce a single six-year term for the President and state governors. Speaking during a session on the Senate floor, Bamidele revealed that one…

Lassana Diarra Settles Long-Running Legal Dispute with FIFA After Landmark Transfer Rules Case

Former France international Lassana Diarra has reached an agreement with FIFA and the Belgian Football Association, bringing an end to a lengthy legal battle that has significantly influenced football’s global transfer system. The settlement concludes a dispute in which Diarra had sought compensation amounting to 65 million euros, following years of legal proceedings that ultimately…

Makinde Restricts Okada Operations Overnight Across Oyo State Amid Rising Security Concerns

Oyo State Governor, Seyi Makinde, has announced a restriction on commercial motorcycle operations, popularly known as okada, between 10:30 p.m. and 5:30 a.m. across the state as part of renewed efforts to strengthen security and curb criminal activities. The governor disclosed the directive on Friday while addressing residents on the state’s security situation, particularly the…

Federal High Court Declares National Assembly’s N110 Billion Vehicle and Allowance Scheme Unlawful

The Federal High Court in Lagos has ruled that the National Assembly’s controversial N110 billion vehicle procurement and allowance scheme was unlawful, describing the expenditure as a violation of procurement regulations, constitutional principles, and public trust. In a landmark judgment, Justice Yellim Bogoro held that the spending of N40 billion on 465 vehicles for federal…