BREAKING: Nigerian Police Arraign Ruggedman, Three Others Over Alleged Burglary, $130,000 Theft From PMAN Secretariat

This was confirmed to SaharaReporters by a source close to the police investigation.  ArticlesRead More 

BREAKING: Lagos Judge Urges Influencer ‘Ijele Speaks’ To Apply For Release After Year-Long Detention Ordered By Prophet Ebuka Without Trial

SaharaReporters learnt on Friday that Justice Osiagor expressed concern over the continued detention of Mr. Ofoegbu, who has been held at the Ikoyi Correctional Centre for over a year despite meeting his initial bail conditions.  ArticlesRead More 

BREAKING: Sagecom Petitions CBN, Accuses Fidelity Bank Of Lying About Financial Status, Omitting $129Million Judgement Debt From 2024 Annual Report

In a letter dated May 20, 2025, signed by Adeyinka Olumide-Fusika, SAN, of M.A. Banire & Associates/Citipoint (Legal Practitioners), the legal team asserted that Fidelity Bank significantly understated its liabilities by reporting only N2.274 billion as provisions for litigation and claims—despite an enforceable judgment of over $129 million against it as of December 31, 2024.  ArticlesRead More 

BREAKING: Nigerian Police Alert Churches In Kogi State To Impending Criminal Attacks

The police said it also advised churches to plant internal security personnel, such as Boys Brigade, within their premises during services to prevent any sudden attack.    ArticlesRead More 

BREAKING: Nigerian Govt Files Criminal Charges Against Senator Natasha, Cites Allegations Made In TV Interview

The details of all the charges are still sketchy but one of them is linked to the allegations she made during a live broadcast on Channels Television’s Politics Today, on April 3, 2025.  ArticlesRead More 

EXCLUSIVE: Police IG Egbetokun Awards N6Billion Uniform Contract Split Into 66 Parts To ‘Inactive’ Firm With No BPP Tax Record

Documents exclusively obtained by SaharaReporters confirm the contract splitting and reveal that all the contracts were awarded to Messrs Crown Natures Nigeria Plc, a company registered under the names of Adedokun Olarotimi Aromolaran and Omolara Olufunke as directors.  ArticlesRead More 

Nigerian Police Officers Accuse IG Of Favouritism In Promotions, Say 2023 Degree Holders Left Behind

The officers claimed that the forthcoming promotion process is targeted to benefit the Inspector General of Police and his cronies, who recently got their PhDs from private universities.  ArticlesRead More 

One Killed, Another Hospitalised As Alleged Land Grabber, Police Invade Delta Community — Residents Allege Cover-Up

According to multiple eyewitnesses who narrated the incident to SaharaReporters, the attack is linked to an ongoing land dispute involving Nkeweshe [Babies], who is accused of forcefully attempting to sell communal land against the will of the residents.  ArticlesRead More 

EXCLUSIVE: Police IG Egbetokun Splits N6Billion Uniform Deal Into 66 Contracts To Bypass Procurement Law, Awards All To Firm Linked To Him

According to sources familiar with the matter, Egbetokun diverted the N6 billion from the police operational account’s budgetary sub-head into a private procurement arrangement for uniforms.   ArticlesRead More 

BREAKING: Benin Republic Blocks Waterway Trade Route Linking Ogun Amid Border Clampdown Over Suspected Arms Smuggling, Terror Attack

Sources described the waterway as a longstanding route for local commerce between the West African nations.  ArticlesRead More 

Business & Economy

15% Fuel Import Duty: PETROAN urges regulators to prevent monopoly in oil market
Oramah’s legacy: How Afreximbank’s visionary leader redefined Africa’s trade and development 
Nigeria’s FX utilisation for foreign education, medical tourism falls by 66% in Q1 2025 
Nigeria seeks fresh $1 billion World Bank loan to boost jobs, investment 
Dangote Sugar swings to N13.3 billion Q3 profit, trims nine-month loss 
Access Holdings reports N616 billion pre-tax profit in 9M 2025, up 10.4% 
10 countries with the highest inflation globally as of 2025 
NERC urges FG to redirect $2 billion REA fund to industrial power
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FirstHoldco reports N566.54 billion 9-month pre-tax profit as Q3 performance strengthens 
Presidency says 15% import duty on petrol will favour local refineries, moderate prices
Agentic AI to reshape global banking as customer adoption accelerates – Report 
NIPOST launches online customs duty payment portal to boost operational efficiency
Moniepoint introduces Nigeria’s first informal economy AI chatbot
Otedola pledges N4 billion for completion of Augustine University’s Engineering Faculty
Bitcoin shows classic signs of market peak 
Lagos rent surges over 80% as tenants battle housing shortage 
NGX Group reports N5.7 billion Q3 2025 profit, declares interim dividend 
Axa Mansard’s pre-tax profit declines by 82.30% to N6 billion in 9 months of 2025  
Top 10 airlines in Africa by one-way departing seats in October 2025 
WhatsApp introduces passkey support for encrypted backups 
FG begins disbursement to 9,000 tertiary staff under TISSF scheme
NLC demands increase in RSA withdrawal limit to 50%
Katsina state targets N140 billion IGR annually by 2026
Zenith Bank reports 9M profit of N917 billion as gross earnings rise by 16.29% 
UBA reports N537.5 billion profit for 9M 2025, up 2.33%, interest income fuels growth