Nigeria

Kogitribune reports that the Academic Staff Union of Universities (ASUU) has rejected its inclusion in the recently launched Tertiary Institutions Staff Support Fund (TISSF), describing the move as a ploy to conscript the union as a guarantor for loans it neither designed nor approved.

The Economic and Financial Crimes Commission (EFCC) has detained several top officials of the National Hajj Commission of Nigeria (NAHCON) over allegations of mismanaging about ₦50 billion meant for pilgrimage operations. Sources revealed that the anti-graft agency is probing claims of diversion and irregularities in the handling of Hajj funds, with investigations already underway to trace the missing money.

The youth wing of the African Democratic Congress (ADC) has issued a warning to President Bola Tinubu over the planned appointment of a new Chairman for the Independent National Electoral Commission (INEC). The group urged the president to prioritize transparency, credibility, and national interest in the process, stressing that any compromise could undermine public trust in Nigeria’s democratic system.

Wike, has inaugurated a newly rehabilitated dam treatment plant valued at ₦50 billion. The project is expected to boost water supply in the FCT, improve public health, and enhance service delivery to residents.

Federal High Court is scheduled to hear a suit seeking the refund of ₦140 billion in connection with the Nigerian National Petroleum Company Limited’s (NNPC) acquisition of OVH Energy. The case challenges the legality and financial implications of the transaction, raising questions over due process and accountability in the deal.

The Ugborodo Community in Delta State has urged the Niger Delta Development Commission (NDDC) to put an end to what it described as decades of neglect, demanding equitable distribution of developmental projects. Community leaders stressed that fairness in project allocation is crucial to fostering peace and sustainable development in the oil-rich region.

The Federal Government has expressed concern over Nigeria’s agricultural export performance, revealing that earnings remain below $400 million annually despite the sector’s significant contribution to the nation’s Gross Domestic Product (GDP). Officials say the imbalance underscores the need for improved value addition, better infrastructure, and stronger global competitiveness.

The African Democratic Congress (ADC) in Edo State has recorded a major boost with the addition of 40,000 new members under the leadership of Senator Roland Owie, who pledged to strengthen the party’s influence and ensure its supremacy in the state’s political landscape.

The Nigerian government has announced a fivefold increase in minimum capital requirements for insurance companies, giving operators 12 months to meet the new threshold. Regulators say the move aims to strengthen the sector’s financial stability, enhance claims settlement capacity, and align Nigeria’s insurance market with global standards.

The Court of Appeal has set aside a Federal High Court judgment awarding N5billion in damages to Senator Ifeanyi Araraume and declaring him Chairman of the Nigerian National Petroleum Company Limited (NNPCL). The appellate court’s ruling effectively nullifies his appointment and the compensation order, ending a prolonged legal battle with the Federal Government.