Business news
US President Donald Trump has announced the extension of the ceasefire with Iran, which was initially set for two weeks, until negotiations are concluded and a proposal from the Iranian government is submitted. Trump made the announcement in a post on Truth Social on Tuesday. He explained that the extension follows a request from Pakistan, […] READ MORE
The Federal Competition and Consumer Protection Commission has warned firms, legal advisers, and transaction parties against breaching statutory requirements governing mergers and acquisitions in Nigeria. This was contained in a statement issued by the Director of Corporate Affairs, Ondaje Ijagwu. The Commission said the warning is necessary to ensure compliance with the provisions of the […] READ MORE
A Federal High Court sitting in Benin City has sentenced Goodluck Ejimiyare to five years’ imprisonment for recruiting teenagers into an internet fraud training network, popularly known as a “Yahoo school.” The conviction was secured by the Economic and Financial Crimes Commission (EFCC), which disclosed the development in a statement. The convict was sentenced by […] READ MORE
The Federal Competition and Consumer Protection Commission (FCCPC) and the Lagos State Consumer Protection Agency (LASCOPA) have signed a Memorandum of Understanding (MOU) to collaborate on consumer protection enforcement and the replacement of hazardous products in Lagos, among other areas. The MOU was signed between the Commission’s CEO, Mr. Tunji Bello, and the General Manager of LASCOPA, Afolabi Solebo, […] READ MORE
The National Drug Law Enforcement Agency (NDLEA) has secured an interim forfeiture of opioids worth over N33.6 billion intercepted at the Onne Port in Rivers State. READ MORE
President Bola Ahmed Tinubu has approved the establishment of a new campus of the Nigeria Police Academy in Erinja, Yewa South Local Government Area of Ogun State, alongside a N15 billion take-off grant for the institution. READ MORE
The United States and Iran are preparing to resume peace talks on Wednesday as a temporary ceasefire between both countries approaches its expiration this week. U.S. officials have expressed optimism that negotiations will proceed in Pakistan, while a senior Iranian official indicated that Tehran is considering participation despite lingering uncertainties. The renewed diplomatic push comes […] READ MORE
Retired personnel of the Nigeria Police Force on Monday staged a protest in Abuja, demanding their removal from the Contributory Pension Scheme (CPS) and integration into the Nigerian Police Pension Board. The demonstration took place at one of the entry gates to the Presidential Villa, as the retirees called on the Federal Government to address […] READ MORE
Boko Haram terrorists have issued a 72-hour ultimatum to the Nigerian government, demanding N5 billion for the release of 416 abducted women and children in Borno State. The threat was made in a video released by the group on Sunday, April 19, 2026, in which the insurgents warned of dire consequences if their demands were […] READ MORE
Retirees of the Nigerian Ports Authority have threatened to shut down seaports nationwide over 15 years of unpaid pension increments. The pensioners, under the aegis of the Nigerian Ports Authority Pensioners Welfare Association, disclosed this in a statement issued on Sunday, warning that the protest would begin seven days after publication if their demands are […] READ MORE