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  Abuja, Oct. 19, 2025- The National Drug Law Enforcement Agency (NDLEA) has intercepted consignments of illicit drugs hidden in frozen snails, electrical bulbs and female clothes while being transported to the United States, United Kingdom, and Democratic Republic of Congo at the Lagos airport. The consignments were being transported by a courier company in Lagos. Femi Babafemi, the NDLEA Spokesman, disclosed this in a statement on Sunday. The statement said at least two suspects were arrested in connection with the consignments. It said Boladale Riliwan, a cargo agent, was …

  Lagos, Oct. 18, 2025 – Polaris Bank has reaffirmed its commitment to delivering exceptional customer experience through deeper engagement and partnership with its clients. This was demonstrated last Thursday when the Bank hosted a successful Global Trade Forum in Ibadan, which brought together key stakeholders in the South West region and valued customers to explore growth opportunities and strengthen collaborations. The hugely attended trade forum was graced by the bank’s Executive Director, Retail and Commercial Bank, Chris Ofikulu, who expressed heartfelt appreciation to attendees for their participation and continued …

  By Paul Ejime Abuja, Oct. 18, 2025 – At his Senate screening on Thursday, Oct. 16, Prof. Joash Ojo Amupitan, a Senior Advocate of Nigeria (SAN) and the sixth Chairman-designate of the Independent National Electoral Commission (INEC), showcased an impressive resume and promised to deliver elections with integrity. Like in many political ecosystems, elections are a source of political conflicts and haemorrhaging  divisions in Africa’s most populous nation with an estimated 230 million people and more than 90 million registered voters. Most of the governorship and presidential elections since …

Beijing, Oct. 17, 2025 – Oil prices edged lower on Friday, heading for a weekly loss of nearly 3%, with uncertainty over global energy supplies after U.S. President Donald Trump and Russian President Vladimir Putin agreed to meet in Hungary to discuss ending the war in Ukraine. Brent crude futures were down 16 cents, or 0.26%, at $60.90 a barrel at 0645 GMT, while U.S. West Texas Intermediate futures were 15 cents lower, also down 0.26%, at $57.31. This week’s decline was also partly due to the International Energy Agency’s outlook …

  Abuja, Oct. 16, 2025 – The Senate has confirmed the appointment of Joash Amupitan as the new Chairman of the Independent National Electoral Commission (INEC). President Bola Tinubu had written to the Senate to confirm the appointment of Amupitan as nee Chairman of INEC following his nomination last week. The Senate confirmed the appointment on Thursday after bhe was screened by the Committee of the Whole House. After the screening, Amupitan was requested to take a bow before leaving the Senate Chamber. The Senate President, Godswill Akpabio, later announced …

  Washington, Oct. 16, 2025 – The US Senate on Tuesday rejected a bill to reopen the government for the eighth time, meaning that lawmakers are still far from reaching a consensus, and the shutdown will continue into its third week. In a 49-45 vote, senators approved the GOP’s continuing resolution, which would keep the government afloat until the end of November, well short of the 60 votes required to move forward. The government shutdown revolves around a debate over health care policy—particularly the Affordable Care Act subsidies that are …

  New York – The International Monetary Fund (IMF) on Tuesday raised its global economic growth for 2025 to 3.2 percent, 0.2 percentage point higher than the July forecast, the latest World Economic Outlook report said. According to the report, advanced economies are expected to grow by 1.6 percent in 2025, while emerging market and developing economies are projected to grow by 4.2 percent – both 0.1 percentage point higher than previously projected. IMF chief economist Pierre-Olivier Gourinchas said in a blog post that the increase in US tariffs and …

  Washington, Oct 15, 2025 – U.S. President Donald Trump said he was considering terminating some trade ties with China, singling out cooking oil even though traders and analysts said such shipments have already spent the past year plummeting. “I believe that China purposefully not buying our Soybeans, and causing difficulty for our Soybean Farmers, is an Economically Hostile Act. We are considering terminating business with China having to do with Cooking Oil, and other elements of Trade, as retribution,” Trump wrote on social media on Tuesday. “As an example, we can …

  Lagos, Oct. 15, 2025 – The Nigeran currency, the Naira, depreciated further at the official foreign exchange market on Tuesday, closing at N1,467.01 to the dollar. The naira exchange rate at the market on Monday was N1,460 to the dollar. Bid rates quoted by dealers on Tuesday ranged from N1,457 to N1,474 to the dollar. Dealers attributed the steady depreciation of the naira in the market in the last two days to increasing demand for dollar. Meanwhile, the currency was traded at the black market in Lagos on Tuesday …

  , Abuja, Oct. 13, 2025 – Olayemi Cardoso, the Governor of the Central Bank of Nigeria (CBN), is leading the Nigerian delegation to the 2025 Annual Meetings of the World Bank and International Monetary Fund (IMF) in Washington, D.C, from today, Monday, Oct.13, 2025. The CBN governor, who is the Nigeria’s Alternate Governor at the World Bank, is representing Wale Edun, the Minister of Finance and Coordinating Minister for the Economy, who is indisposed. Bayo Onanuga, the Special Adviser to the President on Information and Strategy, announced this in …