Saturday , 31 October 2026

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Crisis: PDP exploring lasting resolution – Turaki

The Tanimu Turaki-led Peoples Democratic Party (PDP) says it has commenced high-level diplomatic engagements to resolve the party’s internal crisis. Turaki disclosed this on Wednesday at a news conference on the state of the party’s reconciliation initiative, after a two-day emergency consultative meeting in Abuja. He said that the feuding factions were now exploring various pathways toward a lasting resolution. …

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N1.6Billion UNILAG Hostel Built By Tinubu’s Chief Of Staff Now Rents For Nearly N1Million Per Bedspace –Report

  The hostel, officially titled “Construction and Furnishing of a 484-bed Landmark Student Hostel,” was funded under the 2020 Zonal Intervention Project and inaugurated in January 2024. It offers single-occupancy and four-man en-suite rooms. A hostel built with N1.6 billion in public funds at the University of Lagos (UNILAG) to address student accommodation shortages is now being rented for as …

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Court Upholds Final Forfeiture Of $13m Linked To Lagos Socialite Aisha Achimugu

The Federal High Court in Abuja on Wednesday affirmed the final forfeiture of $13 million linked to Lagos socialite, Aisha Achimugu, and her company, Oceangate Engineering Oil & Gas Ltd, to the Federal Government. Delivering judgment, Justice Emeka Nwite held that the funds had been sufficiently established by the Economic and Financial Crimes Commission as proceeds of fraud and unlawful …

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How ECOWAS Can Make Its New Counter-Terrorism Force Effective

In February, the Economic Community of West African States (ECOWAS) chiefs of staff endorsed the establishment of a regional force to combat terrorism and insecurity. The force falls within the framework of the ECOWAS Standby Force as provided for by the African Union (AU). Announced in August 2025, the force was initially intended to comprise 260,000 troops with an estimated …

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Forfeiture: EFCC Evicts Malami, Family From Abuja Residence

Former Attorney-General of the Federation, Abubakar Malami (SAN), on Tuesday confirmed that operatives of the Economic and Financial Crimes Commission forcefully evicted him and his family from their Abuja residence, despite ongoing court proceedings over the property. Malami disclosed this while addressing journalists at a press conference, stating that EFCC officials stormed the premises on Monday and returned on Tuesday …

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U.S. proposes 15-point plan to end Iran war – Reports

The United States has presented a 15-point plan to end the war with Iran, media reports said on Tuesday, with Pakistan acting as an intermediary to deliver the proposal to Tehran. According to Israeli broadcaster N12, the draft includes commitments from Iran not to pursue nuclear weapons and to hand over its stockpile of enriched uranium to the International Atomic …

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Power supply to improve in 2 weeks, Adelabu tells Nigerians

The Minister of Power, Mr Adebayo Adelabu, assured on Tuesday that power supply would improve within two weeks and apologised to Nigerians for the current epileptic power situation in the country. Adelabu gave the assurance while briefing newsmen in Abuja on the state of the power sector since he assumed office in October 2023. “With the committee we have set …

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Switzerland backs Nigeria on North-East security

The Swiss government has pledged support to Nigeria in addressing insecurity in the North-East region, signalling deeper bilateral cooperation. Switzerland’s Vice President, Ignazio Cassis, made the pledge on Tuesday in Abuja during talks with Vice-President Kashim Shettima. Shettima received Cassis and his spouse, Paola Rodoni Cassis, at the Presidential Wing of Nnamdi Azikiwe International Airport, Abuja, where they had a …

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Contractors plan protest at APC convention over delayed payments

The All Indigenous Contractors Association of Nigeria (AICAN) has announced plans to protest at the upcoming All Progressives Congress (APC) national convention in Abuja over delayed payments for government contracts. Mr Jackson Nwosu, AICAN’s National President, said on Tuesday at a resumed protest in Abuja that the association is demanding the immediate release of N150 billion within 48 hours, part …

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Oil at $150 will trigger global recession, says boss of financial giant BlackRock

If the price of oil hits $150 a barrel it will trigger a global recession, the boss of US financial giant BlackRock has told the BBC. Larry Fink, who leads the world’s largest asset manager, said if Iran “remains a threat” and oil prices stay high it will have “profound implications” for the world economy. In a wide-ranging exclusive interview, …

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