By Ajibola Olaide, JKNewsMedia Reporter TWELVE-month manhunt for a notorious drug trafficker ended last week as operatives of the National Drug Law Enforcement Agency (NDLEA) apprehended Okechukwu Izugha, also known as Okey Omeogo, at his wife’s shop in Ijesha Market, Lagos. The arrest followed a months-long investigation after a 9kg cocaine s...
By JKNewsMedia MAKING A solemn request, Nigeria’s former First Lady as Aisha Buhari has conveyed a personal farewell message left behind by her late husband, former President Muhammadu Buhari. Speaking with calm brevity, she revealed his parting words were a plea for national forgiveness. She recalled his repeated instructions in private momen...
By JKNewsMedia  THE OFFICE of the Secretary to the Government of the Federation (OSGF) has formally confirmed the appointment of veteran journalist Yomi Odunuga as Special Adviser on Media and Publicity to SGF George Akume. This settles the confusion stirred by a prior contradictory statement from its Directorate of Information. Terrence Kuan...
By Ajibola Olaide, JKNewsMedia Reporter THE FEDERAL Government has said it will raise N1.76 trillion by issuing Treasury Bills in the third quarter of 2025, according to a new borrowing schedule released by the Central Bank of Nigeria (CBN). The amount reflects a 12.8 percent increase from the N1.56 trillion raised through similar instruments...
By JKNewsMedia NIGERIA’s STATE oil company may sell its refineries as complications continue to undermine years of costly rehabilitation efforts. The Nigerian National Petroleum Company (NNPC) Limited is currently re-evaluating its strategy for revamping its state-owned refineries amid persistent operational setbacks, according to its Group C...
By Jemimah Wellington, JKNewsMedia Correspondent THE BUDGET for the African Atlantic Gas Pipeline, a landmark infrastructure project linking Nigeria to Morocco, has surged beyond $25 billion, according to Morocco’s Minister of Energy Transition, Leila Benali. She said the transcontinental pipeline is set to deliver gas to around 400 million p...
By Jemimah Wellington, JKNewsMedia Reporter NIGERIA’s ELECTRICITY consumers face higher bills as the federal government prepares to implement a cost-reflective tariff regime aimed at phasing out blanket subsidies. The move, Minister of Power Adebayo Adelabu, says, is necessary to clear a ₦4 trillion debt owed to power generation compani...
By Jemimah Wellington, JKNewsMedia Correspondent MONTHLY FINANCIAL transactions exceeding ₦5 million in Nigerian bank accounts will be reported to the nation’s tax authorities beginning in 2026, following the implementation of the new Tax Reform Act. The National Orientation Agency (NOA) announced that this directive, outlined in Section 30 o...
By Ajibola Olaide, JKNewsMedia Reporter OPERATIVES OF the Economic and Financial Crimes Commission (EFCC) in Lagos have launched an investigation into Rajesh Kumar, who was apprehended at Murtala Muhammed International Airport, Ikeja, for allegedly failing to declare $29,000 in his possession. The suspect, bound for India, was intercepted by ...
By Jemimah Wellington, JKNewsMedia Correspondent FOREIGN NATIONALS involved in financial cybercrime across Nigeria are now serving jail terms in the country following a major crackdown by the Economic and Financial Crimes Commission (EFCC), which successfully prosecuted and secured convictions for 146 out of 194 individuals arrested. The anno...
