The Vice Chairman of Tantita Security Services Limited, the firm spearheaded by Government Ekpemupolo (popularly known as Tompolo), has engaged a high-profile United States lobbying firm to strengthen diplomatic and strategic relations between Nigeria and the U.S. The contract, valued at $720,000, was formalized in early February 2026. This move is intended to facilitate higher-level […]
A High Court in Abuja has declined to admit several exhibits tendered by the publisher of Sahara Reporters, Omoyele Sowore, in the ongoing defamation lawsuit filed by President Bola Tinubu. During the proceedings on February 5, 2026, the presiding judge ruled that the documents—intended to substantiate claims made in previous publications—did not meet the strict […]
Super Eagles goalkeeper Stanley Nwabali has officially left South African Premier Soccer League (PSL) club Chippa United to explore new professional opportunities in the global transfer market. The announcement, confirmed on February 5, 2026, follows a period of significant appreciation in Nwabali’s market value, largely driven by his standout performances for the Nigerian national team. […]
African airlines recorded a 7.8 percent increase in annual passenger traffic in 2025, according to the full-year report released by the International Air Transport Association (IATA) on February 5, 2026. This growth, fueled by rising connectivity and an expanding middle class, pushed the region’s load factor a measure of seat occupancy—to a record high of […]
Governor AbdulRahman AbdulRazaq of Kwara State has clarified that the recent mass killings in the state’s rural communities were the result of Islamist extremist activity rather than conventional banditry or kidnapping. Following a security briefing on February 5, 2026, the Governor noted that the nature of the attacks—characterized by a lack of ransom demands and […]
The Minister of Defence, General Christopher Musa (rtd), has clarified that the United States military personnel recently deployed to Nigeria are not combat forces but a small advisory team focused on intelligence support and training. Speaking on February 5, 2026, the Minister addressed public concerns regarding national sovereignty following an announcement by the United States […]
Bitcoin has retreated below the psychological threshold of $70,000, marking a significant downturn in the global cryptocurrency market as digital asset prices experience a broad-based decline. The slide, which accelerated during early trading on February 5, 2026, has seen the world’s largest cryptocurrency lose approximately 5% of its value within a 24-hour window. This correction […]
The Nigerian Senate has issued a formal clarification regarding its position on the electronic transmission of election results, stating that the upper chamber has not rejected the technology but is ensuring its implementation aligns with national infrastructure realities. Speaking on February 5, 2026, Senate spokespersons emphasized that the legislative intent is to provide a robust […]
MTN Group, Africa’s largest telecommunications provider, is in advanced discussions to acquire the remaining 75 percent stake in IHS Towers, a move that would consolidate its control over critical passive infrastructure across its operational footprint. The potential transaction, disclosed on February 5, 2026, follows years of complex shareholder dynamics and serves as a strategic pivot […]
Investor demand for Nigerian Treasury Bills (T-bills) reached a historic peak on February 4, 2026, with total subscriptions skyrocketing to N4.59 trillion during the latest primary market auction conducted by the Central Bank of Nigeria (CBN). This surge in demand represents a significant oversubscription of the N409.9 billion initially offered by the apex bank across […]
The United States government has deployed a specialized military team to Nigeria to assist the federal government in addressing the persistent security challenges affecting various regions of the country. This deployment, confirmed on February 4, 2026, follows high-level bilateral discussions between the U.S. Department of Defense and Nigeria’s Ministry of Defence aimed at strengthening tactical […]
A violent incursion by armed bandits in the early hours of February 4, 2026, has left at least 40 people dead in a rural community within Kwara State. The casualties include several Nigerian Army personnel who were stationed in the area to provide security for local infrastructure and farming settlements. The attackers reportedly moved through […]
A new report by BudgIT’s civic accountability platform, Tracka, has identified Imo, Lagos, Kwara, and Abia as the leading states for “fraudulently delivered” projects within the Federal Government’s 2024 budget. The findings, released on February 4, 2026, indicate that these four states, along with Ogun, account for 57.1 percent of all projects categorized as fraudulent […]
The Independent National Electoral Commission (INEC) has finalized the comprehensive timetable and schedule of activities for Nigeria’s 2027 general elections. The announcement, made during a strategic review meeting in Abuja on February 3, 2026, sets the formal calendar for the presidential, National Assembly, governorship, and State House of Assembly polls. This early finalization is intended […]
Nigeria has officially overtaken Egypt and South Africa to claim the title of Africa’s strongest naval fleet, according to the 2026 Global Firepower (GFP) report released on February 3, 2026. The analytical review, which evaluates the conventional war-fighting capabilities of 145 modern armed forces, ranks the Nigerian Navy 22nd globally, a position that reflects nearly […]
President Bola Ahmed Tinubu has stated that the Nigerian government will maintain its current trajectory of economic reforms, emphasizing that there will be no reversal of the policies initiated since mid-2023. The President made these remarks on February 3, 2026, during a high-level meeting at the State House in Abuja with a delegation from the […]
The Sokoto State Government has formally received a report from the Judicial Commission of Inquiry alleging that N117 billion in public funds was misappropriated during the eight-year administration of former Governor Aminu Waziri Tambuwal. Justice Mu’azu Abdulkadir Pindiga (rtd), the commission’s chairman, presented the findings to Governor Ahmed Aliyu on February 3, 2026, at the […]
Nigeria’s Federal High Court in Abuja has upheld the validity and enforceability of a N52 billion arbitral award (approximately $32 million) issued in favor of Chams Consortium Limited against the National Identity Management Commission (NIMC). The judgment, delivered on December 11, 2025, and recently made public through regulatory filings, marks a significant milestone in a […]
Nigeria and Ghana have commenced a pilot program for the continent’s first wallet-based outbound payment system, allowing for instant, local-currency transfers between the two nations. The initiative, led by Onafriq Nigeria Payments Limited in partnership with the Pan-African Payment and Settlement System (PAPSS), was officially announced on February 3, 2026. Approved by the Central Bank […]
First Abu Dhabi Bank (FAB), the largest lender in the United Arab Emirates (UAE), has announced plans to establish a representative office in Lagos, marking its first formal entry into the sub-Saharan African market. Martin Tricaud, FAB’s Group Head of Wholesale Banking, disclosed the move on February 2, 2026, during the Investopia Africa conference held […]