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Tuesday, April 21, 2026
Hot
Breaking: FG files treason charge against ex-minister Sylva,...
Envoy Sets Agenda to Boost Nigeria-Israel Trade Ties
BREAKING: Retired Police Officers Shut Aso Rock Gate,...
FG to Invest $75m in Flutterwave IPO
Boko Haram Issues 72 Hour Warning to FG,...
Gunmen kidnap 14 JAMB candidates in Benue
ADC: We’ll Fight Again to Restore Democracy, Atiku...
BREAKING: Insecurity will stop after elections – Akpabio
JUST IN: Court Grants Bail to Nasir El-Rufai
Court Adjourns Judgment in David Mark ADC Leadership...
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Hot
Breaking: FG files treason charge against ex-minister Sylva,...
Envoy Sets Agenda to Boost Nigeria-Israel Trade Ties
BREAKING: Retired Police Officers Shut Aso Rock Gate,...
FG to Invest $75m in Flutterwave IPO
Boko Haram Issues 72 Hour Warning to FG,...
Gunmen kidnap 14 JAMB candidates in Benue
ADC: We’ll Fight Again to Restore Democracy, Atiku...
BREAKING: Insecurity will stop after elections – Akpabio
JUST IN: Court Grants Bail to Nasir El-Rufai
Court Adjourns Judgment in David Mark ADC Leadership...
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Nelson Ugwuagbo

Nelson Ugwuagbo

Israeli Ambassador
Headlines

Envoy Sets Agenda to Boost Nigeria-Israel Trade Ties

by Nelson Ugwuagbo April 21, 2026
written by Nelson Ugwuagbo
Nigeria’s Ambassador to Israel, Amb. Nkechi  Ufochukwu, has said efforts are underway to deepen the trade agreement between Nigeria and Israel as part of a broader plan to boost bilateral relations and economic cooperation.
Speaking over the weekend in Abuja at the maiden edition of the Nigeria-Israel Business Forum (NIBF) the envoy said strengthening trade ties between both countries remains a top priority of her diplomatic agenda.
“My main point and plan is to strengthen the trade agreement between the two countries, to strengthen bilateral trade agreement between the two countries,” she said.
Nkechi Ufochukwu receives recognition
Ufochukwu noted that beyond trade, her focus would include promoting Nigeria’s culture, agriculture, and investments, as well as facilitating training in cybersecurity and information technology.
She assured stakeholders of her commitment to delivering on her mandate and working collaboratively with partners to achieve results.
“I will put in my best in what is required of me to do the work which has been given to me, let us keep communication open and get the work done.”she said
Stakeholders at the forum stressed the need for Nigeria to address structural challenges hindering business growth, drawing comparisons with Israel’s innovation-driven economy.
A member of the forum, Pastor Henry Opara, emphasised the need for formal bilateral agreements, noting that existing engagements are largely informal and driven by individual relationships.
“What we have now is more of person-to-person business relationships, which is not ideal. With proper bilateral agreements, it becomes government-to-government engagement guided by laid-down rules,” he said.
Opara added that although some Nigerian businesses already partner with Israeli firms in areas such as security and technology, formalising these relationships would yield greater benefits.
Also speaking, a member of the forum Mr. Oseagha Solomon described Israel as a country that enables growth through clear regulations, reliable power supply, and strong institutional trust, while noting that Nigeria’s environment, though high in potential, is weighed down by operational challenges.
“Nigeria is a high-potential but high-friction environment. Entrepreneurs battle unstable power, policy inconsistencies, foreign exchange volatility, and costly financing,” he said.
Mr Solomon Oseagha

Mr Oseagah Solomon

Oseagha urged policymakers to prioritise innovation, invest in research and development, and ensure policy consistency, including stable foreign exchange and enforcement of regulations.
Osuji highlighted key Israeli exhibitions such as Agritech and Israel Food, noting Nigeria’s successful debut pavilion led by former Agriculture Minister Akinwumi Adesina, which attracted international business deals.
She pointed to additional opportunities in security and cyber technology conferences, urging Nigeria to actively participate for knowledge transfer and innovation.
National Cordinator
Osuji also called for sustained support for NIBF, stressing that the body currently lacks a functional office and secretariat despite its strategic role in Nigeria-Israel relations.
She recounted securing a medical training agreement with an Israeli hospital for Nigerian doctors, but lamented lack of follow-through from Nigeria’s Ministry of Health.
Osuji concluded with an appeal for practical implementation of bilateral agreements, stressing that NIBF remains ready to facilitate trade, training and cooperation initiatives.
April 21, 2026 0 comments
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Flutterwave
Headlines

FG to Invest $75m in Flutterwave IPO

by Nelson Ugwuagbo April 20, 2026
written by Nelson Ugwuagbo

Bola Ahmed Tinubu has approved a $75 million government investment in Flutterwave, in a move seen as a major boost ahead of the firm’s planned $250 million initial public offering (IPO).

The investment will be executed through the Ministry of Finance Incorporated (MoFI), with sources indicating that the deal is nearing completion following months of negotiations between the fintech company and federal authorities.

Officials reportedly conducted extensive due diligence before granting approval, engaging global auditing firms to review Flutterwave’s financial records and operations to ensure transparency and strengthen investor confidence.

Analysts say the development signals strong government backing for Nigeria’s expanding technology sector and could encourage greater participation from both local and international investors in high-growth ventures.

April 20, 2026 0 comments
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Boko Haram
Headlines

Boko Haram Issues 72 Hour Warning to FG, Threaten to Kill 416 Captives

by Nelson Ugwuagbo April 20, 2026
written by Nelson Ugwuagbo

Boko Haram has issued a 72-hour ultimatum to the Nigerian government, demanding action over 416 captives reportedly in its custody.

The group said the victims were abducted in Borno State and reiterated its demand for ransom in exchange for their release.

In a video circulating on social media, a masked spokesperson speaking in Hausa warned that failure to comply within the deadline would result in the killing of many of the captives, including women and children.

The insurgent group claimed it is holding 416 individuals and stressed that urgent steps must be taken before the ultimatum expires.

Addressing both the government and the Borno South Youth Alliance (BOSYA), the spokesman said the message, dated April 19, 2026, was their “first and last warning.”

“We are Jama’atu Ahlis-Sunna Lidda’Awati Wal-Jihad under Imam Abu,” the spokesman said. “We give you 72 hours. If you do not meet our demands, we will distribute the women and children to different locations. You have made your decision, and we have made ours. Do not exceed the given time.”

April 20, 2026 0 comments
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Julius Malema
Africa & World

South Africa Jails Opposition Leader Julius Malema on Gun Charges

by Nelson Ugwuagbo April 16, 2026
written by Nelson Ugwuagbo

A South African court on Thursday sentenced Julius Malema, leader of the left-wing opposition Economic Freedom Fighters (EFF), to five years in prison for discharging an assault rifle at a political rally eight years ago.

Hundreds of EFF supporters, many dressed in the party’s signature red attire, gathered outside the court during the sentencing in what has been a highly charged political case.

Magistrate Twanet Olivier said Malema had knowingly violated firearm laws when he fired the weapon into the air at a 2018 rally.

“It wasn’t an impulsive act,” Olivier said. “It was the event of the evening.”

Malema’s legal team argued that the gunfire was intended as a celebratory gesture. Prosecutors, however, had pushed for the maximum sentence of 15 years after he was found guilty in October.

The defence has indicated it will appeal the ruling.

The case was brought by AfriForum, a small conservative advocacy group that has frequently clashed with Malema, including over his use of the anti-apartheid chant “Kill the Boer,” which refers to South Africa’s white Afrikaner community.

April 16, 2026 0 comments
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El Rufai
Headlines

JUST IN: Court Grants Bail to Nasir El-Rufai

by Nelson Ugwuagbo April 14, 2026
written by Nelson Ugwuagbo

A Federal High Court of Nigeria has granted bail to Nasir El-Rufai, the former governor of Kaduna State, following his detention by the Independent Corrupt Practices and Related Offences Commission (ICPC).

El-Rufai, who also previously served as Minister of the Federal Capital Territory, is currently standing trial over allegations of corrupt practices during his tenure as Kaduna State governor.

Further details regarding the bail conditions and the ongoing legal proceedings have yet to be disclosed.

April 14, 2026 0 comments
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David Mark
Headlines

Court Adjourns Judgment in David Mark ADC Leadership Dispute to April 14

by Nelson Ugwuagbo April 13, 2026
written by Nelson Ugwuagbo

The Federal High Court in Abuja has postponed judgment in a suit seeking to restrain David Mark and Rauf Aregbesola from parading themselves as Chairman and Secretary of the African Democratic Congress (ADC).

The case was instituted by Leke Abejide, a member of the House of Representatives representing Kogi State.

Although judgment had initially been scheduled for Monday, Justice Musa Suleiman Liman adjourned the matter to April 14, citing other pressing official engagements.

The adjournment was communicated to journalists and political stakeholders by a court registrar, as attendees had gathered at the court premises as early as 8 a.m. in anticipation of the ruling.

April 13, 2026 0 comments
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USA Embassy
Headlines

U.S. Evacuates Staff, Suspends Visa Processing in Abuja

by Nelson Ugwuagbo April 9, 2026
written by Nelson Ugwuagbo

The United States Embassy in Abuja has suspended all visa appointments, instructing applicants to check their email for information on rescheduled dates.

The announcement was made on Thursday via the official X (formerly Twitter) account of the U.S. Mission in Nigeria.

In the notice, the embassy stated: “U.S. Embassy Abuja is closed for visa appointments. Applicants should check their email for details on rescheduled appointments. Visa operations at U.S. Consulate General Lagos continue. American citizen services are available in emergencies and by appointment.”

The development follows a decision by the U.S. Department of State to authorize the departure of non-emergency government personnel and their families from the Abuja embassy, citing worsening security conditions in Nigeria.

In an updated travel advisory, the Department urged American citizens to reconsider travel to Nigeria due to concerns over crime, terrorism, kidnapping, and civil unrest.

Nigeria is currently designated under a “Level 3: Reconsider Travel” advisory, while some regions have been classified as “Level 4: Do Not Travel.”

April 9, 2026 0 comments
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APC leadership Crisis
Headlines

Multiple Factions Emerge in Ruling APC Sparking Leadership Tussle

by Nelson Ugwuagbo April 8, 2026
written by Nelson Ugwuagbo

Fresh turmoil has hit Nigeria’s ruling All Progressives Congress (APC) following the Independent National Electoral Commission’s (INEC) decision to derecognise the David Mark-led leadership of the African Democratic Congress (ADC). The move came after a court order secured by Bala Nufai, who maintained that he never resigned from his position.

In the aftermath, several individuals have publicly declared themselves the authentic national leaders of the APC and have vowed to drag the electoral umpire to court to secure official recognition. One of the most prominent voices is Alhaja Hafsatu Danladi, who took to X (formerly Twitter) to announce herself as the rightful national chairperson of the APC.

In her statement, Danladi said she would approach the Federal High Court in Abuja to challenge the legitimacy of the current party leadership. She described the existing structure as “illegitimate” and pledged to seek a court order to unseat it.

She further revealed plans to ask the court to compel INEC to withdraw its recognition of the National Working Committee (NWC) headed by Mr Nentawe Yilwatda.

Various Nigerians across X and other social media platforms have already declared their support and recognition of Alhaja Hafsatu as the rightful leader of the APC urging her to fight for her rightful position in court.

 

April 8, 2026 0 comments
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Dangote Refinery
Headlines

Dangote Refinery Slashes Petrol Price to N1200

by Nelson Ugwuagbo April 8, 2026
written by Nelson Ugwuagbo

The Dangote Refinery has reduced the ex-gantry price of Premium Motor Spirit (PMS) by N75, bringing it down to N1,200 per litre, according to industry sources on Wednesday.

The latest adjustment follows a recent price increase to approximately N1,275 per litre, which the refinery attributed to volatility in the global oil market and rising production and supply costs.

The price cut is linked to a notable decline in international crude oil prices. Brent crude futures dropped to $95.05 per barrel, marking a 13 per cent decrease, while West Texas Intermediate (WTI) crude fell by nearly 14 per cent to close at $97.18.

Since commencing operations in 2023, the Dangote Refinery has been expected to reduce Nigeria’s reliance on imported fuel. However, its pricing continues to reflect movements in global oil benchmarks such as Brent and WTI crude futures.

April 8, 2026 0 comments
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FG and Inec
Headlines

FG Budgets N135bn For 2027 INEC Lawsuits

by Nelson Ugwuagbo April 7, 2026
written by Nelson Ugwuagbo

The Federal Government has proposed a total of N135.22 billion in the 2026 budget for electoral adjudication and post-election matters, signalling anticipated costs associated with election-related legal processes.

The provision, contained in the House of Representatives Order Paper dated March 31, 2026, is part of the 2026 Appropriation Bill. It falls under Service-Wide Votes—a centrally managed pool of funds used to cover obligations not directly assigned to specific ministries, departments, or agencies. The allocation is intended to cater for potential legal disputes, settlements, and administrative processes arising from elections.

An analysis of the budget shows that the provision is captured within the Consolidated Revenue Fund charges, which total N3.70 trillion. The electoral adjudication component represents about 3.65 per cent of that amount.

The allocation comes alongside a proposed N1.01 trillion statutory transfer to the Independent National Electoral Commission (INEC), accounting for 21 per cent of total statutory transfers.

Earlier estimates by INEC put the cost of conducting the 2027 general elections at N873.78 billion, with an additional N171 billion projected for its 2026 operations—figures that mark a significant increase compared to funding for the 2023 elections.

The proposed N135.22 billion allocation has sparked reactions from opposition parties and civil society groups, who have raised concerns about its size and implications.

The National Publicity Secretary of the Peoples Democratic Party (PDP), Ini Ememobong, criticised the provision, suggesting it reflects a lack of confidence in the electoral process.

“It means that INEC itself is anticipating that it will not do well and that people will not accept the outcome of the results. Because if INEC becomes very transparent, post-election litigation will be reduced drastically. It is the lack of transparency and the obvious opacity of INEC during elections that result in post-election litigation,” he said.

Also reacting, the Publicity Secretary of the African Democratic Congress (ADC), Bolaji Abdullahi, acknowledged the need for preparedness but questioned the scale of the allocation, citing concerns over accountability and the expected volume of litigation.

Political economist Pat Utomi argued that election-related legal expenses should not be borne directly by the Federal Government.

“It is not the Federal Government that goes to elections, it is the individual candidates, so why should the Federal Government have a budget for it? They should not,” he said.

He further added that if the provision is meant for INEC, it should be reflected within the commission’s budget rather than under federal allocations, describing Nigeria’s budget process as flawed.

Human rights lawyer Femi Falana (SAN) also faulted the proposal, describing it as excessive.

“It is on the very high side. Apart from the fact that INEC has its legal department that services all its offices in the 36 states of the federation, INEC does not pay more than N3m per brief, even to a senior advocate. This is due to the fact that INEC maintains a neutral position in the majority of pre-election cases,” he said.

April 7, 2026 0 comments
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Recent Posts

  • Breaking: FG files treason charge against ex-minister Sylva, others

    April 21, 2026
  • Envoy Sets Agenda to Boost Nigeria-Israel Trade Ties

    April 21, 2026
  • BREAKING: Retired Police Officers Shut Aso Rock Gate, Demand Tinubu Sign Pension Bill

    April 20, 2026
  • FG to Invest $75m in Flutterwave IPO

    April 20, 2026
  • Boko Haram Issues 72 Hour Warning to FG, Threaten to Kill 416 Captives

    April 20, 2026

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