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Greenwich has secured regulatory approval to operate as a commercial bank with regional authorisation, paving the way for the financial services group to expand beyond its traditional merchant banking business. Following the approval, Greenwich Merchant Bank Limited has changed its name to Greenwich Bank Limited, a move that marks a major step in the group’s […]

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has approved more than $57 billion in Field Development Plans (FDPs), some of which have translated to Final Investment Decisions. The commission said that 22 major offshore projects are expected between 2026 and 2030 with an estimated investment potential of between $30 billion and $50 billion. Its Chief […]

Former Plateau State Governor, Jonah David Jang, has attributed the prolonged crisis in the state to unresolved questions of identity, land ownership, justice and belonging, arguing that years of ignored grievances, denied rights and failures of leadership allowed tensions to develop into sustained violence. Jang, in his new book, From Airman to Politics: My Life, […]

The Lagos State Police Command has confirmed the death of a 23-year-old Nigerian Law School student, Faith Alayande, who was found dead within the institution’s hostel premises in Victoria Island, Lagos, after reportedly falling from the rooftop of a four-storey building. The incident occurred in the early hours of Friday, August 7, 2026, with police […]

The Nigeria Revenue Service (NRS) and the Joint Revenue Board (JRB) have issued comprehensive guidelines on the regulation and taxation of virtual asset peer-to-peer (P2P) marketplaces, ending years of regulatory ambiguity for Nigeria’s cryptocurrency sector. On August 3, the NRS released the Guidelines on the Taxation of Virtual Assets, grounded in the Nigeria Tax Act […]

The Association of Meter Manufacturers of Nigeria has explained why it discontinued its legal action challenging the importation of 1.55 million smart meters under the Distribution Sector Recovery Programme II, saying the decision was taken in the overriding national interest after reaching an amicable resolution with the Federal Government. In a chat with our correspondent, […]

The Independent National Electoral Commission has extended by three days the deadline for political parties to submit the lists of their candidates for the 2027 governorship and State Houses of Assembly elections. The Commission said the deadline, earlier fixed for Saturday, August 8, 2026, has now been shifted to Tuesday, August 11, 2026, following appeals […]

The Nigerian Air Force has said its airstrike in the Sambisa Forest area of Borno State killed nine Islamic State West Africa Province fighters, including a key commander responsible for facilitating the movement and protection of senior members of the group. The NAF said the operation was conducted on Saturday, August 8, 2026, following credible […]

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Amirah Salihu, a Kwara nurse rescued after nearly six months in captivity, has revealed how she helped 10 pregnant women deliver their babies with her bare hands while being held by terrorists. Salihu, who was abducted during the February 3 attack on Woro and Nuku communities in Kaiama Local Government Area of Kwara State, said […]

The Lagos State High Court has ordered the Lagos State Administrator-General to take over the interim administration of the estate of late billionaire industrialist, Chief Labode Akindele, pending the determination of a legal dispute over his Will. Justice Tanimola Ajorin-Ajose made the order following an application filed by the deceased’s first son, Mr. Oladipo Akindele, […]

American reality television star, Porsha Williams, has reportedly secured a major divorce settlement from her Nigerian-born ex-husband, Simon Guobadia, including full ownership of their former Atlanta marital home, a seven-figure equity reimbursement and the title to a 2021 Rolls-Royce Ghost. According to court documents, Guobadia agreed to the settlement terms during an August 5 hearing, […]