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Nigeria’s foreign exchange reserves have surged to $38.448 billion as of June 2025, up from $32.9 billion at the end of 2023, a development hailed as a positive signal of the country’s recovering economic strength. The Chairman of the House Committee on National Planning and Economic Development, Hon. Gboyega Nasir Isiaka, disclosed this in Abeokuta, Ogun State, while giving a mid-term account of his stewardship as the representative of Yewa North/Imeko-Afon Federal Constituency. Isiaka, an economist and three-time governorship candidate in Ogun State, attributed the rise in reserves to the economic reforms implemented by President Bola Tinubu’s administration. He said…

[ad_1] The United States Mission in Nigeria has issued a security alert to Americans in the Federal Capital Territory (FCT), Abuja.In a statement released on Monday, the US Consulate advised American citizens to avoid non-essential travel to military and government facilities in Abuja, citing increased global security concerns. The embassy announced that all embassy staff and their families are now barred from visiting military sites or other government venues in the Nigerian capital unless required for official duties.SPONSOR AD This follows unspecified global developments that have led to heightened security awareness and a reassessment of movement around sensitive locations.US citizens…

The House of Representatives Committee on Customs and Excise has approved the sum of N1.132 trillion as the 2025 budget for the Nigeria Customs Service (NCS), even as it issued a stern warning to the agency over the continued collection of controversial levies not backed by law. The budget proposal, presented on Monday by the Comptroller-General of Customs, Bashir Adewale Adeniyi, represented by Deputy Comptroller-General Bello Mohammed Jibo, includes allocations of N247.16 billion for personnel costs, N239.97 billion for overhead, and N645.42 billion for capital expenditure. Adeniyi disclosed that the Customs Service has set a 2025 revenue target of N6.584…

[ad_1] A former spokesperson for the Northern Elders Forum (NEF), Hakeem Baba-Ahmed, has criticised ongoing efforts to form a political coalition ahead of the 2027 general elections.Opposition leaders under the coalition movement have applied to the Independent National Electoral Commission (INEC) to register the All Democratic Alliance (ADA) as a political party ahead of the 2027 general election. The coalition is spearheaded by former Vice-President Atiku Abubakar and ex-governor of Kaduna Nasir el-Rufai.SPONSOR AD Speaking during an appearance on Arise News, Baba-Ahmed described the moves as disappointing, self-serving, and lacking national vision.While distancing himself from the discussions, the prominent Northern…

[ad_1] The Nigerian National Petroleum Company Limited (NNPCL) has increased prices of fuel from N910 to N945 in Abuja.It also adjusted its petrol pump price from N870 to N915 per litre at several of its Lagos retail outlets. The new pump price increase reflects a N35 and N45 hike in the amount previously sold in Abuja and Lagos respectively.SPONSOR AD It was observed that some fuel stations in Lagos were already selling at N915 per litre with motorists lined up to purchase the product.NNPC outlets in Fin Niger Badagry Highway and Igando have their pumps already adjusted to N915 per…

[ad_1] Recent allegations claiming that the National Hajj Commission of Nigeria (NAHCON) spent over N1.64 billion on staff spouses during the 2025 Hajj exercise are not only false but appear to be part of a deliberate campaign to discredit the Commission and its leadership. The claims—particularly those alleging that NAHCON Chairman, Professor Abdullahi Saleh Usman, stayed in a $1,000-per-night suite at Hilton Makkah Suites and brought along 12 family members—are completely unfounded and lack any credible evidence. To set the record straight, NAHCON’s policies do not permit the use of public funds for the travel or accommodation of staff spouses.…

[ad_1] Gunmen have abducted all passengers on board a commercial bus belonging to the Benue State government, popularly known as Benue Links, along the Eke axis of Okpokwu Local Government Area.Witnesses said the Benue Links bus, with registration number 14B-143BN, was hijacked on Sunday evening, and the passengers reportedly robbed, before being abducted to an unknown destination. “The incident happened around 6:30pm,” a witness simply identified as Vincent, said.SPONSOR AD The witness further said that soldiers and policemen were alerted and deployed to the location to initiate rescue efforts, while local youths and vigilante groups from the three villages around…

[ad_1] A 300-level student of chemistry education department, Faculty of Education, Ibrahim Badamasi Babangida University, Lapai, Niger State, Abdulwahab Abubakar, has been killed by gunmen suspected to be armed robbers.The Monday killing sparked outrage among students who blocked Lapai-Agaie and Lapai-Minna busy roads, protestimg what they described as lack of measures by the university management and other authorities to protect them. Some students said attacks on students had been happening repeatedly for the past six months.SPONSOR AD Daily Trust gathered that university’s security office was vandalised by the angry students.Some students had also reportedly occupied the palace of the Emir…

[ad_1] Hajiya Rabi Idris ( Hajiya Umma), mother of Daily Trust Editor- in-Chief, Malam Hamza Idris, is dead.Confirming Hajiya Rabi’s death, one of her sons, Aminu Idris, said she passed away in the early hours of  Monday 23rd June, 2025, at her residence in Kano, after a brief illness. Burial arrangement will be held at 11:00am at Wali Maigeza Cemetery, popularly known as Kofar Mazugar Cemetery, in Kano metropolis.SPONSOR AD More details later… 

[ad_1] Ose Anenih, son of late Chief Tony Anenih, has described as untrue the account of his father’s involvement in June 12 given by Bayo Onanuga, Special Adviser to President Bola Ahmed Tinubu on Information and Strategy.Daily Trust had reported how a former Jigawa State governor, Sule Lamido, accused President Tinubu of supporting the annulment of the June 12, 1993 presidential election. Speaking in an interview on Arise TV, Lamido said Tinubu’s late mother, Hajiya Mogaji organised market women from Lagos to Abuja to show support for the then Head of State, General Ibrahim Badamasi Babangida.SPONSOR AD He said “I…