Naija News Feed
News & Politics
FX Inflows Surge 45% To $4.4bn As Carry Trade Drives Liquidity Boost, Stabilises Naira
  Nigeria’s foreign exchange market recorded a strong resurgence in February 2026, with total inflows rising sharply by 45 per cent month-on-month to $4.4 billion, reinforcing a third consecutive month…
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NMDPRA’s Fresh Import Licences Will Encourage Dumping Of Low-Quality Petrol, Undermine Local Refineries — Energy Transparency Group
The decision by the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) to resume the issuance of petrol import licences has drawn sharp criticism from industry advocates. The critics warn…
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Implications Of AGOA Cancellation For Africa
 ‘The cancellation or non-renewal of AGOA would remove duty-free privileges that currently make African exports competitive in the U.S. market.’  OLAJUMOKE FAMILONI  The African Growth and Opportunity Act (AGOA) has…
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Reverse Entrepreneurship Series (3)
 Build Around a Five- Year Customer Cluster  A customer cluster is a group of related customers who share similar needs, behaviors, or characteristics. Instead of chasing random, one-off customers, you…
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AfCFTA: How Far Have We Gone? (1)
 Where does AfCFTA stand now? The African Continental Free Trade Area (AfCFTA) has moved into a gradual operational phase. By early-2026, most legal negotiations are substantially completed; the continental focus…
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Court Faults El-Rufai’s N1bn Rights Suit Against ICPC, IGP, Others
The Federal High Court, Abuja Division, on Wednesday, faulted the fundamental rights enforcement suit filed by a former governor of Kaduna State, Nasir El-Rufai. The suit is against the Independent…
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Scores feared dead as excavation pit collapses in Kano
An excavation pit collapse in Ridawa village, Kano, has buried multiple brick workers. Rescue efforts are ongoing for those trapped in the tragic incident. Read More: https://punchng.com/scores-feared-dead-as-excavation-pit-collapses-in-kano/
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REDWOLF Company Bags Workplace Global Accreditation
  LAGOS  – The RedWolf Company, a digital-first agency in Nigeria, has been named the Best Agency Workplace in Nigeria by Agency Workplaces, a global organisation dedicated to culture recognition for…
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Tension at Kwara poly as EFCC raid triggers student protest
Tension erupts at Kwara State Polytechnic as an EFCC operation near campus triggers a student protest during exams. Management assures calm has been restor Read More: https://punchng.com/tension-at-kwara-poly-as-efcc-raid-triggers-student-protest/
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Spectranet, Legend Internet In Merger Talks
  LAGOS  – Legend Internet Plc, an internet service provider, plans to merge with Spectranet, Nigeria’s largest ISP by subscribers, in a deal that signals a new wave of consolidation as…
Independent Newspapers -
A’Ibom traditional ruler nabbed, AK-47 rifle recovered
Police in Akwa Ibom State have arrested a traditional ruler, Chief Edet, after an AK-47 rifle was recovered from his residence in Mbo LGA. Read More: https://punchng.com/aibom-traditional-ruler-nabbed-ak-47-rifle-recovered/
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Agrofood Nigeria Highlights €222bn Food Market Potential, Calls For Value Chain Transformation
 The 11th edition of agrofood Nigeria once again brings together companies, innovators, and decision-makers from Nigeria and around the world to chart pathway solutions to strengthen value chains, improve productivity,…
Independent Newspapers -
 
 
Anambra man kills cousin, buries body in shallow grave
Police in Anambra arrest a man who allegedly killed his cousin and buried the body in a shallow grave, concealing the crime for nearly eight months. Read More: https://punchng.com/anambra-man-kills-cousin-buries-body-in-shallow-grave/
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Gunmen kill two, injure others in Plateau community invasion
Gunmen attacked Rim Village in Riyom LGA, Plateau State, on Tuesday night, killing two people and injuring two others in a violent invasion. Read More: https://punchng.com/gunmen-kill-two-injure-others-in-plateau-community-invasion/
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Police bust gang using fake uniforms to rob Lagos estates
Lagos police arrest three suspected fake uniform robbers who gained access to estates to vandalise vehicles and steal expensive car parts like brain boxes. Read More: https://punchng.com/police-bust-gang-using-fake-uniforms-to-rob-lagos-estates/
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24-year-old Nigerian jailed for life in UK
A Nigerian national, Chukwuemeka Ahanonu, has been jailed for life in the UK for the random murder of a 56-year-old woman in Leicester. Read More: https://punchng.com/24-year-old-nigerian-jailed-for-life-in-uk/
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Flooding, displacement loom as Lagos building project blocks canal
A construction project in Ijora Badia triggers severe Lagos flooding, blocking a canal and threatening to displace over 5,000 residents. Read More: https://punchng.com/flooding-displacement-loom-as-lagos-building-project-blocks-canal/
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‘Edo does not meddle in monarchs’ appointments’
The Edo State government clarifies it has no hand in monarchs’ appointments, stating the process is left to the custodians of tradition by law. Read More: https://punchng.com/edo-does-not-meddle-in-monarchs-appointments/
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C’River to address water funding gaps
The Cross River State government is addressing WASH financing gaps by partnering with financial institutions to revive over 200 idle water schemes. Read More: https://punchng.com/criver-to-address-water-funding-gaps/
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Sanwo-Olu under probe as EFCC links ‘Aisha Achimugu’s forfeited $13m’ to Lagos contractors
On Wednesday, the Federal High Court in Abuja ordered a permanent forfeiture of a $13 million belonging to Aisha Achimugu. The post Sanwo-Olu under probe as EFCC links ‘Aisha Achimugu’s forfeited $13m’ to Lagos contractors appeared first on Premium Times Nigeria.
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Otu youth-friendly governor – Aide
An aide describes Governor Bassey Otu as Nigeria’s most youth-friendly governor, citing his administration’s commitment to youth empowerment and inclusion. Read More: https://punchng.com/otu-youth-friendly-governor-aide/
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Centre seeks solution to N’Delta’s sanitation challenges
Experts advocate for strategic partnerships between academia, government, and CSOs to solve the pressing water and Niger Delta sanitation challenges. Read More: https://punchng.com/centre-seeks-solution-to-ndeltas-sanitation-challenges/
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Oxygen X promotes financial inclusion via backyard farming
Oxygen X is promoting financial inclusion by launching a backyard farming initiative for women in Lagos with poultry kits and financial training. Read More: https://punchng.com/oxygen-x-promotes-financial-inclusion-via-backyard-farming/
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NGX value dips to N128.98tn amid bearish pressure
The Nigerian equities market reversed its upward trend due to sustained profit-taking in banking stocks, causing the NGX All-Share Index to decline. Read More: https://punchng.com/ngx-value-dips-to-n128-98tn-amid-bearish-pressure/
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Kwara Polytechnic: Calm restored after EFCC operation caused violence
Students set fire to tyres and blocked some roads hindering vehicular and human movements. Authorities of the Kwara State Polytechnic, Ilorin, have assured of restoration of calm on the institution’s campus after disquiet caused by activities of one of the anti-graft agencies in the neighbourhood. The post Kwara Polytechnic: Calm restored after EFCC operation caused violence appeared first on Premium Times Nigeria.
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Court restores Union Bank board, overturns CBN decision
A Federal High Court has reinstated the Union Bank board, ruling the CBN’s January 2024 intervention unlawful and outside its statutory powers. Read More: https://punchng.com/court-restores-union-bank-board-overturns-cbn-decision/
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Financial literacy essential life skill – FMDQ COO
FMDQ COO Tumi Sekoni stresses that financial literacy is essential for survival, highlighting their outreach to empower students with financial knowledge. Read More: https://punchng.com/financial-literacy-essential-life-skill-fmdq-coo/
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Delta gov’s aide resigns ahead of elections
An aide to Delta Governor Sheriff Oborevwori has resigned to pursue his ambition to represent Ughelli South Constituency in the 2027 elections. Read More: https://punchng.com/delta-govs-aide-resigns-ahead-of-elections/
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Calm restored in Kwara Polytechnic, after tension over EFCC operation
Reports have it that operatives of the Economic and Financial Crimes Commission (EFCC) were conducting official duties in Agbede Village, near the polytechnic, an action that sparked protest by students of the institution...
P.M. News -
US/Israel-Iran War: UN chief appoints Special Envoy for peace
“Diplomacy must prevail,” he said. “War is not the answer. We need a way out of this disaster.” The post US/Israel-Iran War: UN chief appoints Special Envoy for peace appeared first on Premium Times Nigeria.
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Party stability key to democratic success – Adamawa gov aspirant
An APC chieftain highlights why party stability is crucial for Nigeria’s democratic success and development, referencing the peaceful North-East zonal cong Read More: https://punchng.com/party-stability-key-to-democratic-success-adamawa-gov-aspirant/
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Yoruba groups allege political backing for rising terror attacks
Yoruba groups allege rising terror attacks in Nigeria are politically backed to destabilize democracy. They warn of a new terror phase and call for restruc Read More: https://punchng.com/yoruba-groups-allege-political-backing-for-rising-terror-attacks/
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Police detain four for allegedly impersonating Wike
He explained that the suspect was detained for allegedly defrauding one retired Maj.-Gen. A. K. Ibrahim and many others of over N150 million supposedly for transaction on a land at Guzape II Cadastral Zone, Abuja...
P.M. News -
UN votes to declare transatlantic slave trade crime against humanity
Only three countries voted against the resolution: Argentina, Israel, and the US. The post UN votes to declare transatlantic slave trade crime against humanity appeared first on Premium Times Nigeria.
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Nigerian terror suspect reportedly admits spying on US, Israeli embassies for Iran
"The act of involvement of non-military personnel in surveillance, recruitment of persons and even weapon handling amounts to the act of terrorism." The post Nigerian terror suspect reportedly admits spying on US, Israeli embassies for Iran appeared first on Premium Times Nigeria.
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Fraudsters allegedly impersonate Wike, defraud military officer of N150m
Four of the suspects have been arrested, an official said. The post Fraudsters allegedly impersonate Wike, defraud military officer of N150m appeared first on Premium Times Nigeria.
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