By Alade Adisa The Federal Government of Nigeria has successfully recovered $200 million and an additional $10 million award that were previously deposited with a United Kingdom court in relation to the long-standing legal dispute with Process and Industrial Development (P&ID) Ltd. The funds, held as part of Nigeria’s legal defense in the case concerning a failed gas processing contract, were officially confirmed recovered by the Attorney-General of the Federation…

Vice President Kashim Shettima has urged global investors to seize the moment and invest in Nigeria. He declared that recent economic reforms have stabilised the financial landscape and created a more attractive environment for international capital. He made this call while hosting a high-level delegation from Citibank, led by the Global Head of Citibank International, Ernesto Torres Cantú, at the Presidential Villa in Abuja. READ ALSO: Tinubu budgeting for transformation, not…

A 27-year-old male suspect, Somadina Ugwueke, has been apprehended by operatives of the Enugu State Command through the support of the Nsukka Urban Division along with members of the local community. Daniel Ndukwe, the command spokesperson, said on Thursday that Ugwueke, who was involved in armed robbery activities and motorcycle snatching, was arrested on 19 May following relayed information gathered. Ndukwe recounted that the apprehended suspect, along with his accomplice,…

Peter Obi, the 2023 presidential candidate of the Labour Party (LP) has described Governor Babagana Zulum’s recent revelation about the presence of Boko Haram collaborators within the political class and armed forces as ‘a damning indictment’ of the Nigerian state. Obi reacted to the Borno governor’s comments in a statement on his X page on Thursday. READ ALSO: ‘Support Tinubu like Southeast govs’, Umahi urges Obi He said the claim, if…

Anybody with useful information that can lead to the recapture of five fleeing inmates of the Ilesha Prisons, Osun State will receive a cash reward of N5 million, the federal government said on Wednesday. The Public Relations Officer of the Nigerian Correctional Service NCoS, DCC Abubakar Umar disclosed this in a statement issued on Wednesday in Abuja. “In order to encourage public participation, the Nigerian Correctional Service wishes to inform…

The Inspector-General of Police (IGP), Kayode Egbetokun, has condemned the incident that led to the tragic loss of a 14-year-old boy, Kehinde Alade, who was hit by a stray bullet while heading to write the West African Examinations Council (WAEC) in Oyo State. According to the police spokesperson, Olumuyiwa Adejobi, in a statement on Wednesday, Egbetokun has directed a full investigation into the matter, as the officer involved in the…

Lagos State Governor, Babajide Sanwo-Olu, has called for greater collaboration between federal and state auditors-general to strengthen Nigeria’s accountability ecosystem. The governor made the call at the 54th bi-annual conference of the Body of Federal and State Auditors-General, held at the Grand Ballroom of the Marriott Hotel, GRA, Ikeja, Lagos. Represented by his deputy, Obafemi Hamzat, Sanwo-Olu spoke on the theme, “Nigerian Accountability Ecosystem: Leveraging on Performance Audit for Effective…

President Bola Tinubu has called on Nigerians, irrespective of differences in political affiliations, religious persuasion, tribal or sectional background, to eradicate poverty in unity. Tinubu stated this on Wednesday at the Taraba International Investment Summit, tagged ‘Taravest,‘ in Jalingo, the state capital. The President, who Vice President Kashim Shettima represented, said the country cannot live on raw produce and unprocessed minerals, but needs factories to add value, clusters to drive…

A tragic incident unfolded in Ibadan on Tuesday as a secondary school student en route to sit for the ongoing West African Senior School Certificate Examination (WASSCE) was fatally struck by a stray bullet. The New Daily Prime earlier reported that a student who was heading to sit for the ongoing WASSCE was killed after a stray bullet pierced through his father and struck him. The Oyo State Government has…

President Bola Tinubu has returned to Abuja after attending the formal installation of Pope Leo XIV at the Vatican. Tinubu touched down at the Nnamdi Azikiwe International Airport on Tuesday evening. The President was received by a high-ranking delegation including Minister of the Federal Capital Territory Nyesom Wike, Secretary to the Government of the Federation George Akume, and APC National Chairman Abdullahi Ganduje. READ ALSO: Pope Leo XIV’s Inauguration: ‘Harness our…

Seven inmates at the Ilesha Correctional Facility escaped in the early hours of Tuesday, the Nigerian Correctional Service (NCoS) confirmed late Tuesday night. Following the security breach, the federal government has launched a nationwide manhunt to track down and re-arrest the fleeing inmates. In an official statement issued on Tuesday night, the NCoS spokesperson, Deputy Controller of Corrections (DCC) Abubakar Umar, stated: “The force majeure, which occurred at approximately 02:00…

The Senate has passed the second reading of the Proceeds of Crime (Recovery and Management) Amendment Bill 2025, aimed at overhauling how assets seized from illegal activities are managed in Nigeria. Sponsored by Senator Idiat Adebule of Lagos West, the proposed legislation seeks to amend the Proceeds of Crime Act 2022 by introducing a centralised body to oversee the administration and disposal of recovered assets—a role currently distributed across no…