Investigators Trace Opioid Shipments to Indian Firms An investigation has revealed that Indian pharmaceutical companies continue to export large quantities of powerful opioids to West Africa despite earlier promises to tighten regulations on illegal drug distribution. The report linked several high-strength tapentadol tablets seized in multiple West African countries to Indian manufacturers through export records…
Businesses Turn to AI Amid Economic Pressures The Regional Managing Partner for EY West Africa, Anthony Oputa, has said Nigerian businesses are increasingly adopting artificial intelligence to improve productivity and strengthen operations amid economic uncertainty. Oputa stated that companies across Nigeria and West Africa now view AI as a critical tool for growth, efficiency, and…
Experts Raise Concerns Over Inconsistent Court Decisions Judicial experts have warned that inconsistent court rulings in banking and financial disputes could threaten Nigeria’s financial stability and weaken public confidence in the banking system. The warning came during the 2026 sensitisation seminar for judges of the Federal High Court held in Lagos. National Judicial Institute organised…
NEM Insurance Records Major Asset Growth NEM Insurance Plc has reported strong financial growth for the 2025 business year, with total group assets rising to N186.04bn. The company disclosed this in its audited financial results for the year ended December 31, 2025. According to the report, total assets increased by N61.81bn compared to N124.23bn recorded…
Nyesom Wike, minister of the Federal Capital Territory, says many Nigerians demand infrastructure and public services but are unwilling to comply with tax obligations. Wike spoke while responding to questions from journalists over complaints about the conduct of some tax collectors in the FCT, particularly officials of the Abuja Municipal Area Council (AMAC). The minister…
Navy Commodore Visits Oba of Lagos Ahead of 70th Anniversary The Commander of Nigerian Navy Ship BEECROFT, Commodore Aiwuyor Adams-Aliu, on Wednesday visited the Oba of Lagos, Oba Rilwanu Akiolu, ahead of the Nigerian Navy’s 70th anniversary celebration. The courtesy visit took place at the monarch’s palace in Isale Eko, Lagos, as preparations continue for…
Samson Itodo, the executive director of Yiaga Africa, says Nigeria’s Electoral Act does not expressly prohibit or sanction dual membership of political parties, despite growing concerns over politicians associating with multiple parties. Speaking during an interview on Channels Television on Wednesday, Itodo said it was morally wrong for an individual to belong to two political…
NDLEA Seizes Large Drug Consignment at Tincan Port The National Drug Law Enforcement Agency has intercepted 4,173.5 kilogrammes of Canadian Loud, a strong strain of cannabis, at the Tincan Island Port in Lagos. The seized drugs carry an estimated street value of ₦10.43 billion. The agency disclosed the development in a statement issued on Wednesday…
CP Gives Details of Rescue Operation The Commissioner of Police in Anambra State, Ikioye Orutugu, has explained how police operatives rescued kidnapped medical doctor, Edwin Emegakor, and four other victims from their abductors. The police command rescued the victims on May 10, 2026, after an intense security operation in Obosi, Idemili North Local Government Area…
Bolaji Abdullahi, the national publicity secretary of the African Democratic Congress (ADC), says the party has moved on from the exit of Peter Obi and Rabiu Musa Kwankwaso, insisting that a broader opposition coalition ahead of 2027 remains possible. Obi and Kwankwaso joined the Nigeria Democratic Congress from the ADC over internal crisis in the…
