By JKNewsMedia Reporter TRADING OPENED in 2026 with a modest lift for the naira at the official foreign exchange market, where the currency exchanged at N1,430.84 to the dollar on Friday, reflecting a gain of N4.31 kobo or 0.34 percent from the N1,435.75/$ level recorded on December 31, 2025. Data from the Nigerian foreign exchange […]...
By Jemimah Wellington, JKNewsMedia Correspondent COURT PROCEEDINGS commenced in Ogun State following the arraignment of the driver involved in the Lexus sports utility vehicle crash that occurred while transporting former world heavyweight boxing champion Anthony Joshua. The defendant, Adeniyi Mobolaji Kayode, appeared before a Sagamu Magistr...
By Jemimah Wellington, JKNewsMedia Correspondent POLICE IN Ogun State have taken the driver involved in the fatal Lexus SUV crash that killed two associates of former world heavyweight boxing champion Anthony Joshua into custody, as investigations into the incident commence. The Ogun State Police Command confirmed that the driver of the Lexus...
By Jemimah Wellington, JKNewsMedia Correspondent FLAMES TORE through parts of Arena Market in Oshodi on Tuesday evening, triggering panic among traders and residents as a fire outbreak engulfed sections of the busy commercial hub in Lagos. The fire was reported at the market with videos circulating on social media showing thick smoke billowing...
By Jemimah Wellington, JKNewsMedia Correspondent ILLICIT DRUGS concealed for export and widespread domestic distribution were intercepted as operatives of the National Drug Law Enforcement Agency (NDLEA) recorded multiple arrests and seizures across several states, including the interception of a United Kingdom (UK)- bound cocaine consignment...
By Jemimah Wellington, JKNewsMedia Correspondent IMPROVED ELECTRICITY generation has followed the repair and restoration of vandalised gas infrastructure and the enhancement of gas supply to key thermal power plants, signalling a positive shift toward stabilising power supply and strengthening grid reliability nationwide. The Nigerian Indepen...
By Joke Kujenya POWER SUPPLY to several Band A feeders across parts of Lagos fell below the mandated 20-hour minimum between December 21 and 22, 2025, prompting an apology from the electricity distribution company as the Federal Government blamed ongoing outages on gas supply shortages. Electricity consumers on multiple Band A feeders experie...
By Jemimah Wellington, JKNewsMedia correspondent EFFORTS TO strengthen Nigeria’s defence manufacturing sector have intensified as the Independent Media and Policy Initiative (IMPI) urged the Federal Government to prioritise domestic arms production, with the Defence Industries Corporation of Nigeria (DICN) taking a central role. The call was ...
By Ajibola Olaide, JKNewsMedia Correspondent REGULATORY LEADERSHIP in Nigeria’s electricity sector has been reset by President Bola Tinubu following a presidential approval of a newly reconstituted Board of the Nigerian Electricity Regulatory Commission (NERC), coming after confirmation by the Senate on December 16. The approval authorises a ...
By Jemimah Wellington, JKNewsMedia Correspondent ILLICIT DRUG supply chains linked to banditry and transnational trafficking came under renewed pressure as operatives of the National Drug Law Enforcement Agency (NDLEA) carried out coordinated arrests, factory raids and seizures across several states, leading to the capture of a fleeing drug s...
