The Federal High Court in Abuja has granted bail of N100 million to a former governor of Kaduna State, Nasir El-Rufai, regarding alleged access to a telephone conversation involving National Security Adviser (NSA) Nuhu Ribadu.
Jim Ovia, founder of Zenith Bank, has announced that he has officially retired as Chairman of the bank. Ovia’s retirement was made known at the bank’s 35th Annual General Meeting, on Tuesday, 5th mAy, 2026.
In a statement, the bank said Ovia stepped down after completing the mandatory 12-year service period as a non-executive director and chairman, in line with corporate governance guidelines set by the Central Bank of Nigeria (CBN).
The ex-depot pricing has been slashed from N828 to N699 per litre by the Dangote Petroleum Refinery. The refinery conducted another significant downward revision, lowering the Premium Motor Spirit benchmark price by N129 per litre, or 15.58%, according to real-time market data released on Petroleumprice.ng on Friday. The change was also verified by a refinery official who spoke on condition of anonymity because he was not permitted to comment in public.
President Bola Tinubu has nominated the immediate former Chief of Defence Staff (CDS), General Christopher Musa, as the new Minister of Defence.
The Senate on Thursday confirmed Dr. Bernard Doro as a minister of the Federal Republic of Nigeria during a screening session that lasted less than 30 minutes. Senators expressed confidence in his competence and leadership qualities. The Plateau-born technocrat, now the third minister from his state in the current administration, pledged to ensure fairness and transparency in the country’s humanitarian initiatives.
The detained leader of the proscribed Indigenous People of Biafra (IPOB), Nnamdi Kanu, has dropped his earlier plan to call witnesses in his ongoing trial for alleged terrorism-related offenses. At the last hearing on October 24, the court adjourned till October 27 for Kanu to begin his defense. The IPOB leader had previously written to the court expressing his intention to summon witnesses and requested more time to review his case file.
