GBI&I Media News Blog

 Today, Thursday, August 27, 2026: Tinubu gives security chiefs a 90‑day ultimatum to produce a five‑year defence strategy, Atiku says he is “ competing with thieves ” in the 2027 race, security forces foil a bandit attack in Sokoto, and the CBN sells ₦700bn in Treasury Bills.  Good morning 🇳🇬 Nigeria Headlines Security & Governance Tinubu’s Ultimatum President Bola Tinubu directed defence and intelligence chiefs to submit a national threat assessment and five‑year defence strategy within 90 days , aiming to shift Nigeria’s security posture from reactive to proactive.  READ MORE: FULL STORY Sokoto Attack Foiled Security forces killed several bandits while thwarting an assault on Sifawa town in Bodinga LGA , home of former Army Chief Lt. Gen. Faruk Yahaya.   Politics Atiku’s Claim Former VP Atiku Abubakar , ADC presidential candidate, declared he is “competing with thieves” who have stolen the election and economy. He reiterated his plan to restore fuel su...

Today, Wednesday, August 26, 2026: President Tinubu orders a rescue operation after a mass abduction in Niger State, NNPCL raises petrol prices to ₦1,270 per litre, Peter Obi challenges Tinubu to a public debate, Atiku unveils a targeted subsidy plan, and the U.S. hails Dangote Refinery for boosting Nigeria’s petroleum exports sevenfold. 🇳🇬 Nigeria Headlines Security & Governance Niger Mass Abduction President Bola Tinubu directed the Armed Forces, Police, DSS, and other agencies to launch a coordinated rescue operation after dozens were abducted in Niger State. He condemned the killings and assured families of government support.   Jonathan’s Call Former President Goodluck Jonathan  urged reforms to reduce governors’ influence in off‑cycle elections, warning of risks to democratic integrity.   Politics Peter Obi vs Tinubu Peter Obi, presidential candidate of the Nigeria Democratic Congress (NDC ), challenged Tinubu to stop “hiding in Aso Rock” and face N...

Good morning.  Here are today’s top stories:   National Security The controversy surrounding a Northern senator who distributed sticks as “weapons” for self‑defense continues to dominate public discourse. Civil society groups have called for disciplinary action, describing the gesture as “insensitive and dangerous.”   Economic Update The Central Bank of Nigeria has begun auditing the ₦500 billion SME intervention fund amid corruption allegations. Officials say the review will ensure transparency and restore public confidence.   Political Watch The Senate Committee on Works has postponed its hearing on the ₦20 billion Chagoury‑linked contracts to Wednesday, citing new evidence from the Ministry of Finance.   Delta State Focus Organizers of the Effurun–Warri cultural unity festival have unveiled the event’s theme — “One Delta, One Voice.” The festival aims to promote peace and tourism across the twin cities.   Security Ope...

  Former Education Minister and public accountability advocate Oby Ezekwesili  has demanded the immediate termination of Nigeria’s £746 million ports financing agreement with the United Kingdom , describing the deal as “dodgy” and lacking transparency.   The agreement, signed earlier this year, involves financing for the redevelopment of the Apapa and Tin Can Island ports  in Lagos. The UK government pledged £746 million in support, with Nigerian authorities touting the project as a major step toward modernizing port infrastructure and boosting trade.   However, Ezekwesili raised concerns about the opaque nature of the contract, questioning whether due process was followed and whether the terms serve Nigeria’s long‑term interests. “This deal reeks of secrecy and potential exploitation. Nigerians deserve clarity on how such massive commitments are negotiated,” she said.   Civic technology group Budgit  echoed Ezekwesili’s concerns, callin...

Breaking news for Monday, August 17, 2026: INEC declares Ademola Adeleke winner of the Osun governorship election, Atiku challenges Tinubu over ₦4 trillion refinery spending, Kebbi Governor Idris drops his deputy as running mate, while NDLEA intercepts ₦23m cocaine shipment at Lagos Airport. 🇳🇬 Nigeria Headlines Politics & Governance Osun Governorship Election INEC declared Governor Ademola Adeleke  of the Accord Party winner of the Osun State governorship election, securing 511,067 votes against APC’s Bola Oyebamiji with 444,815. Adeleke won 19 LGAs, while Oyebamiji took 11. ADC’s Najeem Salaam came third.    Reactions Peter Obi hailed Adeleke’s victory as proof that “when people stand, democracy wins.” PDP described the win as a direct message to Tinubu and APC ahead of 2027. Tinubu himself congratulated Adeleke, calling the result “a fitting assurance democracy will flourish.”      Read More: Full Story Kebbi Politics Governor Nasir Idris dropped h...

Weekly Business & Finance roundup: EFCC recovers ₦115bn in oil levies, Nigeria fails fiscal transparency test, OPEC quota met, ECOWAS faces dirty fuel debate, and global markets react to U.S. immigration and oil prices. Nigeria’s Economy EFCC Oil Sector Recovery The EFCC announced recovery of ₦115 billion in levies owed to the Niger Delta Development Commission (NDDC) by oil companies. However, 24 firms still owe ₦76 billion and $81 million, highlighting persistent fiscal transparency challenges.   Fiscal Transparency Concerns The U.S. State Department’s 2026 Fiscal Transparency Report found Nigeria failed minimum requirements for the second consecutive year. Government officials pushed back, insisting reforms are underway.   CBN Sandbox Programme The Central Bank of Nigeria launched Cohort 2 of its Regulatory Sandbox Programme, inviting fintechs and Virtual Asset Service Providers to test innovative financial solutions.    OPEC Quota Compl...

  The Economic Community of West African States (ECOWAS) is facing mounting pressure from environmental groups, health advocates, and international organizations to end the importation of dirty fuel into the region.  The debate, which has intensified in recent months, highlights the urgent need for cleaner energy policies as West Africa grapples with rising pollution, public health crises, and global climate commitments. Dirty fuel refers to petroleum products with high levels of sulfur and other harmful chemicals that fail to meet international environmental standards.   For years, West African countries have relied on imports of such fuel from Europe and Asia, citing affordability and limited refining capacity within the region. However, studies have shown that the use of dirty fuel contributes significantly to air pollution, respiratory illnesses, and environmental degradation.  The World Health Organization estimates that air pollution causes thousands of pr...

  The United States has deported more than 3 million foreigners in just 15 months , a record-breaking figure that has reignited debates over immigration policy, border security, and humanitarian obligations.  The announcement, made by U.S. immigration authorities, underscores the scale of enforcement under President Donald Trump’s administration and its impact on global migration patterns.   According to official data, the deportations include individuals from Latin America, Africa, Asia, and Europe.  The majority were undocumented migrants apprehended at the southern border, while others were removed following visa overstays or criminal convictions.  Immigration officials defended the policy, stating that it was necessary to uphold national security and protect American jobs.   “This administration is committed to enforcing immigration laws without compromise,” a Department of Homeland Security spokesperson said. “Every nation has the right to de...

Here are today’s breaking news headlines for Friday, August 14, 2026: Nigeria’s Osun election tensions intensify, Tinubu assures voters of security, Makinde calls for opposition coalition ahead of 2027, Babangida revisits coup and June 12 annulment, while globally fiscal transparency concerns and energy debates dominate. Good morning  🇳🇬 Nigeria Headlines Politics & Governance State Police Bill Deadline Extended Speaker Femi Gbajabiamila announced August 21 as the new deadline for stakeholders to submit memoranda on the proposed State Police Bill.   Read More: Full Story

Today’s bulletin highlights Nigeria’s ongoing security vigilance, economic stabilization efforts, and renewed calls for transparency in governance. The Effurun‑Warri reconciliation talks signal a positive step toward cultural unity and regional branding.   Good morning,  Here are today’s top stories:   Presidential Security Alert The Nigerian Defence Headquarters has confirmed heightened security measures following reports of renewed threats linked to the alleged coup plot uncovered earlier this week. Military intelligence sources say investigations are expanding to include civilian collaborators.   Economic Watch The Central Bank of Nigeria has announced plans to inject $1.2 billion into the foreign exchange market to stabilize the naira, which traded at ₦1,480 to the dollar yesterday. Analysts predict short‑term relief but warn of inflationary pressure if fiscal reforms stall.   Political Reactions Former Vice President Atiku Abubakar has d...

Here are today’s breaking news in Nigeria, Tuesday, August 11, 2026: fresh revelations about a coup plot against President Tinubu, Atiku Abubakar questioning $20 billion Chagoury-linked deals, and the Nigerian Army ordering residents in Abuja to vacate homes amid security operations.  Good morning  Coup Plot Revelations Shake Abuja Fresh revelations have emerged about an alleged coup plot against President Bola Ahmed Tinubu. Colonel Mohammed Ma’aji and several officers are facing trial before a General Court Martial, while civilians are being prosecuted separately. The alleged conspiracy dates back to 2023, with grievances over insecurity, corruption, and economic hardship fueling discontent.   Read More: Full Story  

Today’s breaking news in Nigeria, and around the world, Tuesday, August 4, 2026: the Federal Government sets September 3 for submission of the State Police Bill, NNPC cuts petrol price to ₦1,299 per litre, and INTERPOL warns AI now drives 55% of cybercrime in Africa.    Good morning World National Politics & Governance - State Police Bill     Chief of Staff Femi Gbajabiamila confirmed the draft bill will be presented to President Tinubu on September 3, 2026, after a seven‑week review. Public consultations will follow before implementation.    Read More: FULL STORY  - Osun political tension    Governor Ademola Adeleke urged Tinubu to halt violence, accusing opponents of fueling unrest ahead of elections.    Read More: FULL STORY - Certificate saga   ADC chieftains Kenneth Okonkwo and Kalu Kalu challenged Tinubu’s qualifications, alleging forgery in submitted certificates.   

Here’s today’s breaking news bulletin for Nigeria, Saturday, August 1, 2026: the Federal Government rules out fresh electricity tariff hikes, NNPC posts ₦535bn profit in June, and INEC assures Osun voters that “the ballot, not the bullet” will decide the upcoming election.    Good morning world. National Politics & Governance - Presidency mocks Peter Obi Tinubu’s aide Temitope Ajayi ridiculed Obi’s repeated focus on poverty, saying he “talks as if he has a magic wand to make Nigerians millionaires.” Read More: Full Story  - Umahi urges rejection of Obi Works Minister David Umahi told Southeast voters not to support Obi, praising Tinubu’s infrastructure projects instead.   Read More: Full Story - Makinde launches probe Oyo Governor Seyi Makinde set up a judicial inquiry into the abduction of students and teachers in Oriire LGA, saying his administration must be vindicated. Read More: Full Story

  Nigeria’s government says savings from the removal of fuel and foreign exchange subsidies are being used to service rising debt, pay salaries, implement the new ₦70,000 minimum wage, and expand student loan programmes but labour unions are demanding proof and accusing officials of being “economical with the truth .”   Nigeria's subsidies on petrol and foreign exchange previously consumed about 5% of Nigeria’s GDP.   However, the removal of these subsidies in 2023–2024 was part of President Bola Tinubu’s reform agenda, aimed at eliminating distortions and corruption.   While investors welcomed the move, ordinary Nigerians faced higher living costs, sparking questions about how the savings were being used.   These are the break down on how the savings are being spent - Debt servicing:     Interest rates rose from around 8% to as high as 24%, sharply increasing debt costs. Much of the savings are being directed to meet these obl...

 Good evening  Here’s Your World in 60 Seconds — a sharp global snapshot for today, Friday, July 31, 2026 🌍 Global Headlines - Nigeria electricity subsidy: FG confirms subsidies will be phased out from 2027 to ease fiscal strain.   - MTN Nigeria profits: Telecom giant reports ₦1.09 trillion profit before tax in H1 2026, a 75% surge.   - Naira exchange rate: Officially ₦1,379/$1; parallel market ₦1,409–₦1,420/$1, showing relative stability.   - Benue & Kaduna attacks: Armed violence claims lives in rural communities; security forces deployed.   - US visa suspension: Routine visa services halted at Abuja embassy and 24 other African missions starting August 1.   - South Africa tensions: Nigeria and South Africa move to ease strains after xenophobic violence.  

Today’s breaking news in Nigeria (Friday, July 31, 2026) includes the Federal Government announcing plans to end electricity subsidies from 2027, MTN Nigeria posting record profits of ₦1.09 trillion in H1 2026, and the naira holding steady at ₦1,379/$1 officially and ₦1,409–₦1,420/$1 in the parallel market.  

Here’s your Weekly Business and Finance Report for the week ending July 26, 2026. Combining bothe global and Nigeria-focuses updates.  Welcome and Good evening. Global Market Highlights Bitcoin rebound     Rose 0.8% near $65,000 resistance, buoyed by optimism around Middle East ceasefire talks. Oil prices dipped 10% to $87 Brent crude, easing inflationary pressure.   Walmart performance     Stock fell 4.2% to $109.47, despite e‑commerce growth (+26%) and ad revenue (+37%). Investors await Amazon’s earnings for sector comparison.   Bitcoin ETF slump     NEOS Bitcoin High Income ETF cut monthly distributions from $1.04 to $0.65, yield dropping to 8%. ETF down 23% YTD, underscoring crypto volatility.   Alphabet stock outlook     Analysts maintain strong buy rating. Alphabet dominates 90% web search, 70% Android OS, and 3B Gmail users. Consistent revenue growth since 2012 (except Q2 20...

  Welcome to GBI&I Media’s Your World in 60 Seconds — Friday, July 24, 2026.  Top Headlines 1. National Security: President Tinubu meets defence chiefs amid renewed calls for regional security reform.   2. Economy: Naira gains slightly against the dollar as oil prices stabilize at $82 per barrel.   3. Politics: Atiku Abubakar urges electoral commission to release full audit of 2026 midterm results.   4. Global Affairs: Donald Trump announces new U.S.–Africa trade initiative focused on digital infrastructure.   5. Community: Lagos State launches flood‑control project across Surulere and Mushin districts.   6. Entertainment: Nollywood celebrates 30 years of cinema with a star‑studded gala in Abuja.   Anchor Script  “Good morning, I’m Abigail Iyade for GBI&I Media. Here’s your world in 60 seconds.   President Tinubu meets defence chiefs today to discuss regional security reforms.   The Na...

Here’s today’s breaking news bulletin for Nigeria, Tuesday, July 21, 2026: ICPC grilled Femi Gbajabiamila over a controversial investment council scandal, Rabiu Kwankwaso revealed a signed one‑term deal with Peter Obi, and the Federal Government dismissed claims of ₦80 trillion borrowing.   Good afternoon  Politics & Governance Gbajabiamila grilled by ICPC President Tinubu’s Chief of Staff appeared before ICPC investigators over the disputed Presidential Foreign Investment Promotion Council (PFIPC). He answered questions before returning to duties.  ➡️READ MORE  Kwankwaso confirms Obi’s one‑term deal The NDC vice‑presidential candidate disclosed a signed agreement with Peter Obi to serve only one term if elected in 2027.  ➡️READ MORE  Tinubu makes fresh appointments Moshood Akinwande named President of the Surveyors Council of Nigeria, with inauguration set for today in Abuja.  ➡️READ MORE  Economy & Finance FG dismisses ₦80 trillion ...

  Here are today’s top breaking news headlines for Nigeria, Monday, July 20, 2026: Petrol prices have surged to ₦1,239 per litre in Lagos, Senegal’s Bassirou Faye has emerged as the new ECOWAS Chairman, and Spain has won the 2026 FIFA World Cup after defeating Argentina.   Good morning.  National Politics & Governance Tinubu Appoints Oyo Indigenes  President Bola Tinubu has approved the appointment of three Oyo State indigenes to the Surveyors Council of Nigeria. Inauguration is set for July 21 in Abuja.   ➡️ Read More Obanikoro Withdraws Ambition Former Minister Musiliu Obanikoro says he is no longer pursuing Lagos governorship, focusing instead on mentoring younger Nigerians.   ➡️ Read More  Economy & Business Petrol Price Surge Petrol now sells between ₦1,220–₦1,239 per litre in Lagos after Dangote refinery began selling refined products in dollars. This has sparked concerns over affordability and inflation. ➡️ Read More ...