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NDIC, NIBSS Collaborate to Digitize Depositor Reimbursement for Failed Banks
The Nigeria Deposit Insurance Corporation (NDIC) and the Nigeria Inter-Bank Settlement System (NIBSS) have announced plans to implement a more efficient, digitized process for reimbursing depositors in the event of bank failures. The development was disclosed by NDIC Managing Director/CEO, Mr. Thompson Oludare Sunday, during a courtesy visit from NIBSS executives, led by MD/CEO Mr.
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Nigerians Alarmed Over Alleged Alteration of New Tax Laws; Lawmaker, Dasuki, Calls It ‘Impeachable Offense’
The House of Representatives member, Hon. Abdulsammad Dasuki, has sparked public outcry by alleging that the newly passed tax laws were altered before being gazetted for public implementation. In a video that went viral on X, Dasuki claimed that the versions of the tax laws made available to Nigerians differ from those passed by the
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Travellers Complain of Highway Extortion by Fake Officials During Christmas
As Nigerians journey home for Christmas, travellers have raised alarms over widespread extortion by hoodlums impersonating local government officials along major highways. Motorists on the eastern corridor, particularly on the Lagos–Onitsha Expressway, report that these individuals stop vehicles to demand radio licences or arbitrary fines. The practice has been most reported around Ore (Ondo State),
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NBA Anti-Corruption Committee Commemorates Global Anti-Corruption Day 2025
The Nigerian Bar Association Anti-Corruption Committee (NBAA-CC) has reaffirmed its commitment to fighting corruption in Nigeria as it joins the global community in marking Anti-Corruption Day on December 9, 2025. In a statement signed by NBAA-CC Chairman Babafemi Badejo, the committee highlighted the importance of the United Nations Convention Against Corruption (UNCAC) and stressed that
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FG Confirms Release of Nigerian Aircraft, Soldiers After Tuggar Meets Burkina Faso Leader
The Federal Government has confirmed that a Nigerian Air Force C-130 aircraft and 11 soldiers, previously detained in Burkina Faso following a forced landing, have been released. The Ministry of Foreign Affairs spokesperson, Kimiebi Ebienfa, announced the development on Wednesday night, saying simply: “Yes, they have been released.” The release follows a diplomatic visit by
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Trump Aide Stephen Miller Claims Venezuelan Oil Belongs to the US Amid Rising Tensions
US-Venezuela Tensions Escalate Over Oil Stephen Miller, White House deputy chief of staff and a top aide to President Donald Trump, has suggested that Venezuela’s oil reserves legally belong to the United States, describing the nationalization of the South American country’s petroleum industry as “theft.” His comments intensify already heightened tensions between the US and
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Former Special Counsel Jack Smith Defends Trump Prosecutions Before House Republicans
Jack Smith Testifies on Trump Prosecutions Former Justice Department Special Counsel Jack Smith defended his role in two criminal prosecutions against Donald Trump during a closed-door session with the House Judiciary Committee on December 17, 2025. Smith, who oversaw the cases as a special counsel, addressed accusations that the investigations were politically motivated. The first
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PSG Clinch FIFA Intercontinental Cup After Thrilling Penalty Shootout Against Flamengo
PSG Triumph in FIFA Intercontinental Cup Final Paris Saint-Germain (PSG) emerged victorious in the 2025 FIFA Intercontinental Cup, defeating Flamengo 2-1 on penalties after a thrilling 1-1 draw in regulation and extra time in Qatar. The European champions were pushed to the limit by the Copa Libertadores winners, with back-up goalkeeper Matvei Safonov starring by
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Buhari Knew Nigerians Were Disappointed With His Administration, Daughter Halima Reveals
Halima Buhari, daughter of late former President Muhammadu Buhari, has shared insights into the private challenges her father faced while leading Nigeria, acknowledging that he was fully aware of the disappointment felt by many citizens during his tenure. Speaking at the public launch of the book “Headlines and Soundbites: Media Moments That Defined an Administration”
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US Senate Passes $901 Billion Defense Bill for 2026: Balancing Oversight and Military Priorities
Senate Approves $901 Billion Defense Bill The United States Senate has passed the $901 billion National Defense Authorization Act (NDAA) for 2026, setting defense policy and funding priorities for the fiscal year. The legislation, approved by a 77-20 vote, combines provisions championed by President Donald Trump with measures aimed at preserving congressional oversight of US
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