Author: Damilola

The Minister of Power, Bayo Adelabu, is expected to step down from his role in the coming days as he prepares to contest the Oyo State governorship election ahead of 2027. Read more breaking stories from our latest nigeria news His Special Adviser on Strategic Communications and Media Relations, Tunji Bolaji, disclosed that the minister had already informed President Bola Tinubu of his intention to resign during a meeting on Tuesday, where he also received the president’s backing. “In view of this development, Chief Adebayo Adelabu is expected to resign his position as Minister of Power in the coming days,” the…

The Economic and Financial Crimes Commission has warned Nigerians about a growing trend of impersonation and staged operations by criminals posing as its personnel. In a statement released on Tuesday via its X (formerly Twitter) handle, the agency said intelligence reports point to fraudsters using “ingenious but fraudulent means” to damage its reputation and exploit unsuspecting members of the public. According to the commission, one common tactic involves gangs targeting young people around eateries and recreational spots in major cities. “Their modus operandi is laying ambush for innocent youths coming out of the Eateries and harassing them on unfounded suspicions…

A new round of defections has swept through the House of Representatives, with several lawmakers switching political parties in what observers see as early manoeuvring ahead of the 2027 general elections. During Tuesday’s plenary, Deputy Speaker Benjamin Kalu read multiple letters announcing the changes, highlighting the shifting alliances within the legislature. He dismissed concerns that the trend could lead to a one-party system, insisting it reflects democratic choice. “This is to show the country that no party is stiffled. People are leaving the majority party to the minority parties and the minority parties to the majority party. This is the…

President Bola Tinubu has approved a minor reshuffle of the Federal Executive Council, removing Wale Edun and Ahmed Dangiwa from their positions. The development was disclosed in a statement issued on Tuesday by Special Adviser on Media and Publicity to the Secretary to the Government of the Federation, Yomi Odunuga. The statement referenced a memo signed by the Secretary to the Government of the Federation, George Akume. According to the memo, Taiwo Oyedele has been appointed as the new Minister of Finance and Coordinating Minister of the Economy. In the same vein, Muttaqha Darma was named Minister-designate for Housing and…

Malaysia-based Karex Berhad, the world’s largest producer of condoms, has announced plans to increase prices by between 20 and 30 percent following supply chain disruptions linked to the ongoing Iran conflict. The company, which manufactures over five billion condoms annually for major brands such as Durex and Trojan, also supplies public health systems including the National Health Service and United Nations-backed programmes. Chief Executive Officer, Goh Miah Kiat, said rising costs of key production inputs have forced the company’s hand. “The situation is definitely very fragile, prices are expensive. We have no choice but to transfer the costs right now…

United States President, Donald Trump, has alleged that Iran breached a temporary ceasefire multiple times as uncertainty deepens over renewed peace negotiations between both countries. The US leader made the claim on Tuesday via his Truth Social platform, warning that the fragile truce—expected to expire soon—may collapse without progress in talks. “Iran has Violated the Cease Fire numerous times!” he said, without providing details. Diplomatic efforts to resume negotiations have faltered after Tehran indicated it had not sent any delegation for the proposed talks in Islamabad, Pakistan. Iranian state television dismissed earlier reports suggesting otherwise, stating, “So far, no delegation…

A Kaduna State High Court has postponed the hearing of the bail application filed by former governor Nasir el-Rufai to the first week of June 2026. Justice Darius Khobo adjourned the matter on Tuesday after proceedings, further delaying a decision on the request. The ex-governor was brought to court under the custody of operatives from the Independent Corrupt Practices and Other Related Offences Commission (ICPC) and the Department of State Services. READ RELATED STORY El-Rufai remains in ICPC custody as court sets stringent bail conditions El-Rufai withdraws suit against Magistrate in ₦1bn rights case El-Rufai appears in Kaduna court, mentions…

The Nigerian Naira sustained its upward trend in the foreign exchange market on Tuesday, April 21, 2026, as early trading reflected continued efforts to close the gap between official and parallel market rates. At the Nigerian Foreign Exchange Market (NFEM), the currency traded at an average of N1,345.47 per dollar in early sessions, marking a slight appreciation from the previous day’s close. The Naira briefly strengthened to N1,345.87 before stabilising, supported by steady liquidity and consistent regulatory oversight. Market observers attribute the relative stability in the official window to the sustained interventions and transparency measures by the Central Bank of…

The Dangote Group has recorded its first oil from upstream operations, with plans underway to commence commercial crude production in the coming weeks. Speaking in an interview with Platts, Vice-President, Devakumar Edwin, disclosed that initial testing has already started on crude from the company’s Niger Delta assets. “We have opened a well and begun standard testing, which should be completed in the next three to four weeks maximum,” he said. “After that point, oil can start to be pumped in larger volumes, and the company can begin work on drilling new wells.” Also commenting, Chief Executive Officer of the Dangote…

Three personnel of the Nigerian Army lost their lives on Monday after suspected terrorists launched an early morning assault on a military formation in Kemanji community, Kaiama LGA of Kwara State. Confirming the incident, Governor AbdulRahman AbdulRazaq said the attack occurred around 3 a.m., adding that troops successfully repelled the assailants and prevented further casualties. “At about 3 a.m. today, our gallant soldiers courageously beat back a terrorists’ attack on their position in Kemanji, Kaiama. Many of the terrorists were neutralised by the gallant troops,” he said. “Our brave men not only repelled the terrorists and prevented them from accessing…