Friday , 12 June 2026

NewsReports

Middle East crisis may cut Africa’s growth by 0.2% – Report

The ongoing crisis in the Middle East could reduce economic growth across African countries by up to 0.2 per cent, a new joint policy report has revealed. The African Development Bank Group (AfDB) said this in a statement released on its website on Friday. The report, presented in Washington, D.C., was jointly produced by the African Union Commission(AUC), AfDB, United …

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Paris club refund: I didn’t make fresh claims nor collected $350m – Nwoko

Sen. Ned Nwoko (APC-Delta) has said that his company did not collect 350 million dollars over the Paris Club refund. This is contained in a statement by the Ned Nwoko media team in Abuja on Friday. The lawmaker representing Delta North Senatorial District, noted that his attention had been drawn to another “willful and malicious” publication by Sahara Reporters alleging …

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Army nabs 15 suspected oil thieves at Dangote Refinery discharge point in Lagos

Troops of the Nigerian Army have arrested 15 suspected oil thieves around the Ibeju Lekki axis of Lagos State. This is contained in an operational report made available to the News Agency of Nigeria (NAN) on Friday in Abuja. The report revealed that the suspects were apprehended in the early hours of Friday by troops of Headquarters 9 Brigade in …

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Dangote launches plan to sell 10% refinery stake via Pan-African IPO

The Dangote Group is moving forward with plans to sell a 10 per cent stake in its 20 billion dollars , 650,000-barrel-per-day refinery through a landmark Pan-African Initial Public Offering (IPO) in 2026. Alhaji Aliko Dangote made this known during an event organised by the Atlantic Council in Washington DC, on Thursday. He said that the share sale would support …

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Okpebholo approves full scholarship for Late Brig.-Gen. Braimah’s children

Gov. Monday Okpebholo of Edo has approved full educational scholarships for the three children of the late Brig.-Gen. Oseni Braimah. This is contained in a statement by the Chief Press Secretary to the governor, Dr Patrick Ebojele on Thursday in Benin. The News Agency of Nigeria (NAN) reports that the late Brig.-Gen. Braimah, who hailed from Warake in Owan East …

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MTN suspends airtime, data lending services over FCCPC regulation

The MTN Nigeria Communications Plc has temporarily suspended its airtime and data lending service, “Xtratime”, following new regulations introduced by the Federal Competition and Consumer Protection Commission (FCCPC). The company disclosed this in a corporate filing to the Nigerian Exchange Limited (NGX) on Thursday. MTN said the suspension was necessitated by the FCCPC’s Digital, Electronic, Online or Non-Traditional Consumer Lending …

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Nigeria has no immediate need for IMF’s support – Edun

The Minister of Finance, Wale Edun says Nigeria has no immediate plans to approach the International Monetary Fund (IMF) for financial assistance. Edun made this known at the African Finance Ministers’ briefing, during the IMF/World Bank Annual Meetings, on Thursday in Washington. He said that the reliance on ongoing domestic economic reforms was working. The minister said that Nigeria’s reforms …

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Singer D4vd Arrested On Suspicion Of Killing A 14-Year-Old Girl Found Dead In His Tesla

LOS ANGELES (AP) — Singer D4vd has been arrested on suspicion of killing a 14-year-old girl whose decomposed body was found last year in his apparently abandoned Tesla that was towed from the Hollywood Hills, authorities said Thursday. Los Angeles police said in a brief statement that the 21-year-old Houston-born alt-pop singer whose legal name is David Burke was being …

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Months After Mass Eviction, Makoko Community Protests Planned Forcible Relocation

Residents of Makoko waterfront community in Lagos have protested an alleged plan to forcibly relocate them, months after no fewer than 30,000 persons were evicted between December 2025 and January 2026. The residents, in a press release made available to journalists decried what they described as a lingering threat to their homes and livelihoods, calling for an immediate halt to …

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Rockets Fired From Lebanon Toward Northern Israel After Ceasefire Announced, Says IDF

The Israel Defense Forces (IDF) said Thursday it was preparing for rocket fire from Lebanon, with a current focus on northern Israel, following recent ceasefire developments. The IDF continued to conduct ongoing situational assessments. At this stage, there is no change in Home Front Command guidelines, it said. The military emphasized that any changes to civilian instructions will be communicated …

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