Jun 16, 2026

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Nigeria’s Reforms Face Reality Test as Edun Defends Reserves Amid Budget Shortfalls

Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has defended the country’s external reserves amid recent declines, insisting that Nigeria remains financially stable. However, his assurances come against a backdrop of persistent concerns over weak budget implementation and the limited real-sector impact of ongoing economic reforms. Speaking at the IMF Spring...
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Fulbright Scholar Detained 45 Days Over Student Op-Ed Criticising Israel’s War in Gaza

Rumeysa Ozturk, a Turkish national, came to the United States on a prestigious Fulbright scholarship to pursue a PhD in child development at Tufts University. She successfully completed her doctorate — but somewhere along the way, she expressed a political opinion. In 2024, she co-authored an opinion piece in her university’s student newspaper criticising Tufts...
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PCN Seals 598 Pharmacies and Patent Medicine Shops in Kaduna, Arrests Two in Major Crackdown

Kaduna, Nigeria — The Pharmacy Council of Nigeria (PCN) has sealed 598 pharmacies and patent medicine shops in Kaduna State during a four-day enforcement operation aimed at improving drug safety and regulatory compliance. The National Head of Enforcement, Suleiman S. Chiroma, disclosed this while addressing journalists in Kaduna on Friday. He said the operation inspected...
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Starmer Faces Fresh Calls to Resign as Mandelson Security Vetting Scandal Engulfs Downing Street

LONDON – Prime Minister Sir Keir Starmer has expressed fury after learning that his former US ambassador, Lord Peter Mandelson, had failed security vetting before being appointed, as fresh calls mount for the prime minister to resign. The controversy has intensified scrutiny over Starmer’s judgment, coming just three weeks before Labour faces expected heavy losses...
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Bakassi Deep Seaport Expected to Generate ₦40 Billion Monthly – Cross River IRS Chairman

CALABAR, NIGERIA— The Chairman of the Cross River State Internal Revenue Service (IRS), Dr Edwin Okon, has projected that the Bakassi Deep Seaport, once operational, will generate up to ₦40 billion per month in its early years through both direct and indirect economic activities. Dr Okon made the announcement during a high-level sensitisation forum organised...
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