Author: Rextun boss

EFCC Arraigns Ex-Harmony Investments Executive Over Alleged N32.1m Money Laundering

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EFCC Arraigns Ex-Harmony Investments Executive Over Alleged N32.1m Money Laundering

The Economic and Financial Crimes Commission (EFCC) has arraigned a former Group Executive Director of Harmony Investments and Property Development Company Limited, Adebayo Sanni, before the Federal High Court sitting in Ilorin, Kwara State, over an alleged N32.1 million money laundering offence. Sanni was brought before Justice Abimbola Awogboro on Monday, July 20, 2026, on…

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EFCC Court Cases, Financial Crimes

Court Restricts FCCPC Licensing Powers, Upholds Consumer Protection Role in Telecom Sector

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Court Restricts FCCPC Licensing Powers, Upholds Consumer Protection Role in Telecom Sector

The Federal High Court sitting in Lagos has ruled that the Federal Competition and Consumer Protection Commission (FCCPC) does not have the authority to issue licences to telecommunications operators, reaffirming that such licensing powers rest with the Nigerian Communications Commission (NCC). The judgment, delivered on Monday, clarified the respective regulatory responsibilities of the FCCPC and…

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News

NNPC Denies Holding Back Crude From Dangote Refinery, Says All Available Naira Cargoes Were Supplied

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NNPC Denies Holding Back Crude From Dangote Refinery, Says All Available Naira Cargoes Were Supplied

The Nigerian National Petroleum Company Limited (NNPC Ltd.) has rejected claims that it withheld crude oil cargoes from the Dangote Petroleum Refinery under the Federal Government’s naira-for-crude arrangement. The national oil company said it had allocated all available crude cargoes under the initiative to the refinery in 2026, stressing that any difference between the expected…

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Petroleum, Power and Energy

DSS Moves to Appeal Life Sentence for Ansaru Commanders, Demands Maximum Punishment

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DSS Moves to Appeal Life Sentence for Ansaru Commanders, Demands Maximum Punishment

The Department of State Services (DSS) is set to challenge the life imprisonment handed down to two senior commanders of the Ansaru terrorist group, insisting that the punishment is inadequate considering the severity of the offences linked to them. The decision follows the sentencing of Mahmud Usman, also known as Abu Bara’a, Abbas or Mukhtar,…

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Insecurities and insurgencies, News

US Moves to Globalise Fight Against Far-Left Political Violence

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US Moves to Globalise Fight Against Far-Left Political Violence

The administration of US President Donald Trump has announced a new international campaign targeting what it describes as the growing threat of far-left political violence and terrorism. The initiative was unveiled on Thursday, July 16, during an international meeting hosted by Secretary of State Marco Rubio, with officials from more than 60 countries reportedly taking…

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World News

11 Killed, Many Injured as Suspected Turji-Linked Bandits Attack Sokoto Communities

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11 Killed, Many Injured as Suspected Turji-Linked Bandits Attack Sokoto Communities

At least 11 people have reportedly been killed and several others injured following a series of attacks allegedly carried out by suspected bandits in parts of Sabon Birni Local Government Area of Sokoto State. The incident, according to reports published on Saturday, July 18, 2026, affected several communities in the area, with the attackers reportedly…

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Insecurities and insurgencies, News

Foreigners, Nigerians Arrested in Kokona Crack Down on Illegal Mining

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Foreigners, Nigerians Arrested in Kokona Crack Down on Illegal Mining

The Nasarawa State Government has intensified its enforcement campaign against illegal mining following the arrest of several foreign nationals and Nigerians during an operation in Amba community, Kokona Local Government Area of the state. The enforcement exercise, reportedly conducted on Friday under the leadership of the state’s Deputy Governor, Emmanuel Agbadu Akabe, was part of…

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Crime Watch, Illegal Mining/Miners

Tinubu Signs Executive Order to Harmonise Nigeria’s Virtual Asset Regulation

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Tinubu Signs Executive Order to Harmonise Nigeria’s Virtual Asset Regulation

President Bola Ahmed Tinubu has signed the Presidential Executive Order on Virtual Assets Coordination, 2026, introducing a coordinated regulatory framework for Nigeria’s rapidly expanding virtual asset sector. The Executive Order, which took effect immediately upon signing, is designed to improve cooperation among government agencies responsible for financial regulation, revenue collection, capital markets and financial intelligence….

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Cryptocurrencies

Troops Kill Two Suspected ISWAP Fighters in Ambush Near University of Maiduguri

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Troops Kill Two Suspected ISWAP Fighters in Ambush Near University of Maiduguri

Troops of Operation HADIN KAI have neutralised two suspected fighters of the Islamic State West Africa Province (ISWAP) during an ambush operation along the Tamsukawu Road behind the University of Maiduguri (UNIMAID) in Borno State, as the military sustains pressure on insurgent activities around the state capital. Security sources said personnel of the 73 Battalion,…

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Insecurities and insurgencies, News

FG Renames Lagos-Calabar Coastal Highway

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FG Renames Lagos-Calabar Coastal Highway

The Federal Government has officially renamed the Lagos-Calabar Coastal Highway as the President Bola Ahmed Tinubu Coastal Highway, saying the decision recognizes President Bola Tinubu’s longstanding vision for the ambitious infrastructure project. Minister of Works, David Umahi, announced the development during a media briefing in Abuja on Thursday. He explained that the decision was taken…

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Civil Constructions and Housing