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ABUJA – The Securities and Exchange Commission (SEC) has said over $50 billion worth of cryptocurrency transactions flowed through Nigeria between July 2023 and June 2024. The Director-General of SEC, Dr Emomotimi Agama, said in a notice on Sunday that the situation raised concern over the low participation of citizens in the traditional capital market. […]

ABUJA – Troops of Operation Hadin Kai (OPHK) have neutralised 10 terrorists and recovered arms, ammunition and equipment in fresh encounters along the Gamboru–Dikwa–Marte axis of Borno. This is contained in a statement by the Media Information Officer, OPHK, Lt.-Col. Sani Uba, on Sunday. Uba said the operation followed an earlier offensive around the Katarko […]

CAF has announced the 2025/26 schedule for the Champions League and Confederation Cup, with preliminary rounds starting in November. ‎  ‎Rivers United are set for a major financial reward after the Confederation of African Football (CAF) confirmed its new prize money structure, guaranteeing the Nigerian club $700,000 (₦1.2 billion) for reaching the CAF Champions League […]

BENIN CITY – The Presiding Priest of the Holy Aruosa Cathedral, Ohen-Osa Igbinoghodua Edebiri, has appealed to all in positions of authority to guide against the perversion of justice to enthrone peace in the country. Edebiri said this at the Oba of Benin, Oba Ewuare II, Coronation Anniversary Thanksgiving Service on Sunday in Benin City. […]

‎Enyimba International FC has given head coach Stanley Eguma a two-game ultimatum to turn the team’s fortunes around following a poor run of results in the ongoing 2025/26 Nigeria Premier Football League (NPFL) season. ‎ ‎The club’s management reached the decision on Monday after reviewing recent performances, including Sunday’s 2–1 loss to Plateau United in […]

…Approves 9 other key Advisers BENIN CITY — Edo State Governor, Senator Monday Okpebholo, has approved the appointment of Hon. Orobosa Omo-Ojo, JP, as the new General Manager of Bendel Newspaper Corporation, publishers of The Nigerian Observer. The appointment was announced in a statement issued on Monday by the Secretary to the State Government, Umar […]

LAGOS – Africa’s largest refinery, the Dangote Petroleum Refinery, is set for a historic expansion that will increase its production capacity from 650,000 barrels per day (BPD) to 1.4 million BPD within the next three years. When completed, the expansion will make the refinery the largest in the world, marking a major leap toward energy […]