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Naira Expected To Trade Between ₦1,380 And ₦1,420 This Week As Markets Eye CBN’s Interest‑Rate Decision

by HEDNEWS April 1, 2026

The Nigerian Naira is projected to remain within a ₦1,380 to ₦1,420 per US dollar corridor throughout the first week of April as foreign exchange markets await the next policy move from the Central Bank of Nigeria (CBN) regarding interest rates. Market participants said on Wednesday, April 1, 2026, that the naira’s relatively stable performance […]

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NELFUND Rebuffs Claims Of Student Allowance Hike Confirms It Remains ₦20,000

by HEDNEWS March 31, 2026

NELFUND Rebuffs Claims of Student Allowance Hike Confirms It Remains ₦20,000 The Nigerian Education Loan Fund (NELFUND) has officially denied reports circulating online that it had increased the monthly student upkeep allowance under its student loan scheme from ₦20,000 to ₦25,000, calling such claims false and misleading. In a statement issued on Monday, the Fund’s […]

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Threatens Court Action Over Pipeline Surveillance Contract Renewal

by HEDNEWS March 31, 2026

Threatens Court Action Over Pipeline Surveillance Contract Renewal The leadership of the Peoples Wellbeing Association (PWA) has vowed to commence legal action at a High Court in Abuja to prevent the renewal of the controversial pipeline surveillance contract, arguing that the current arrangement promotes exclusion and undermines fairness, transparency and regional stability. In a statement […]

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PDP Crisis Persists After Convention As Leaders Resign And Rival Factions Battle In Court Over Leadership Legitimacy

by HEDNEWS March 31, 2026

PDP Crisis Persists After Convention as Leaders Resign and Rival Factions Battle in Court Over Leadership Legitimacy The ongoing leadership crisis within the Peoples Democratic Party (PDP) deepened on Tuesday as more prominent members resigned from the party and rival factions backed by influential party leaders escalated legal battles over the legitimacy of a contested […]

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NPA To Overhaul Lagos Ports, Targets N1.489tr Revenue In 2026

by HEDNEWS March 31, 2026

NPA to Overhaul Lagos Ports, Targets N1.489tr Revenue in 2026 The Nigerian Ports Authority (NPA) has set an ambitious internally generated revenue target of N1.489 trillion for the 2026 fiscal year as part of a broader strategy to modernise Nigeria’s busiest seaports and boost global competitiveness. Unveiling the figures during the agency’s 2026 budget defence […]

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Vested Interests Stalled Probe Into Collapsed National Shipping Line, Says

by HEDNEWS March 31, 2026

Vested Interests Stalled Probe into Collapsed National Shipping Line, Says Jonathan Former President Goodluck Jonathan has lamented the absence of a comprehensive investigation into the collapse of the Nigerian National Shipping Line (NNSL), describing the unresolved collapse of the once‑national carrier and its 27 vessels as a major unfinished economic question for Nigeria. Speaking on […]

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Last‑Minute Lobbying Gripped Aso Rock As Ministers Met Deadlin

by HEDNEWS March 31, 2026

Last‑Minute Lobbying Gripped Aso Rock as Ministers Met Deadline Foreign Affairs Minister Resigns to Contest Bauchi Governorship After Consultations As the March 31 deadline set by President Bola Ahmed Tinubu for political appointees with electoral ambitions approached, intense last‑minute lobbying and consultations dominated the atmosphere at Aso Rock Presidential Villa in Abuja. The directive, communicated […]

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Plateau Government Says State Will Not Bow To Terror, Imposes 48‑Hour Curfew

by HEDNEWS March 31, 2026

Plateau Government Says State Will Not Bow to Terror, Imposes 48‑Hour Curfew After Jos Killings Plateau State Governor Caleb Mutfwang has pledged that the state will not succumb to fear or intimidation following a deadly attack in the Angwan Rukuba area of Jos North Local Government Area, and announced decisive security measures including the mobilisation […]

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Atiku Abubakar Rejects Rumours Of Political Exit

by HEDNEWS March 31, 2026

Atiku Abubakar Rejects Rumours of Political Exit Former Vice President Atiku Abubakar has dismissed claims that he has retired from active politics, describing the reports as false and part of a deliberate disinformation campaign. In a statement released through his media office, the former presidential candidate said reports circulating on social media suggesting he had […]

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Confusion Persists Among Lagos Residents Over March 31 Tax Filing Deadline

by HEDNEWS March 31, 2026

Confusion Persists Among Lagos Residents Over March 31 Tax Filing Deadline Confusion continues to trail the March 31 deadline for filing annual income tax returns in Lagos, as many residents struggle to distinguish between paying taxes and filing returns, according to findings by the Lagos State Internal Revenue Service. Despite repeated reminders from the agency, […]

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Atiku Denies Retirement Rumours, Insists He Has Not Stepped Aside

by HEDNEWS March 30, 2026

Atiku Denies Retirement Rumours, Insists He Has Not Stepped Aside Former Nigerian Vice President, Atiku Abubakar, has firmly dismissed rumours suggesting he has stepped aside from politics, describing the claims as false and misleading. The clarification comes amid speculation that followed a recent meeting within the African Democratic Congress (ADC), where some reports alleged that […]

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Suspected Gunmen Kill Residents In Palm Sunday Attack, 48‑Hour Curfew

by HEDNEWS March 30, 2026

Suspected Gunmen Kill Residents in Palm Sunday Attack, 48‑Hour Curfew Imposed Dozens of residents in the Jos North Local Government Area of Plateau State were killed in a nighttime gun attack on Sunday, March 29, 2026, prompting widespread outrage, protests and a strict 48‑hour curfew imposed by the state government Gunmen riding on motorcycles opened […]

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Nigeria’s Samson Adamu Becomes CAF Acting Secretary General In Historic First Appointment

by HEDNEWS March 30, 2026

Nigeria’s Samson Adamu Becomes CAF Acting Secretary General in Historic First Appointment Nigerian football administrator Samson Adamu has made history by becoming the Acting Secretary General of the Confederation of African Football (CAF), marking the first time a Nigerian has held the role in the organisation’s nearly seven‑decade existence. The appointment ratified by the CAF […]

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Lagos Ranks First As PEBEC Lists Top 10 Business‑Friendly States

by HEDNEWS March 30, 2026

Lagos Ranks First as PEBEC Lists Top 10 Business‑Friendly States Lagos State has been ranked the most business‑friendly state in Nigeria, topping the 2025 Subnational Ease of Doing Business Report released by the Presidential Enabling Business Environment Council (PEBEC). The findings were unveiled on Friday at The Reform and Diplomatic Roundtable 2026 in Abuja, an […]

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NCC Orders Telecom Operators To Compensate Subscribers For Poor Service,

by HEDNEWS March 30, 2026

NCC Orders Telecom Operators to Compensate Subscribers for Poor Service, Tightens Industry Accountability Ruleshe Nigerian Communications Commission (NCC) has issued a sweeping directive requiring mobile network operators (MNOs) to compensate subscribers for poor quality of service, a landmark shift in regulatory enforcement aimed at strengthening consumer protections and tightening accountability standards across the telecommunications industry. […]

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Tinubu Pledges Nigeria Will Overcome Crisis As Middle East War Bites, Launches Military Support Fund At 74

by HEDNEWS March 30, 2026

Tinubu Pledges Nigeria Will Overcome Crisis as Middle East War Bites, Launches Military Support Fund at 74 President Bola Ahmed Tinubu has reassured Nigerians of the country’s resilience amid the global economic shocks from the Middle East war while unveiling a dedicated military support fund on the occasion of his 74th birthday. The announcement comes […]

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Kwankwaso Resigns From NNPP, Cites Strategic Realignment Amid Shifting Political Landscape

by HEDNEWS March 30, 2026

Kwankwaso Resigns from NNPP, Cites Strategic Realignment Amid Shifting Political Landscape Veteran Nigerian politician Senator Rabiu Musa Kwankwaso, former Governor of Kano State and the 2023 presidential candidate of the New Nigeria People’s Party (NNPP), has formally resigned from the party, citing a need for strategic realignment in response to Nigeria’s evolving political environment. In […]

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University Of Jos Postpones Exams After Gunmen Attack Students, Staff Urged To Stay Alert

by HEDNEWS March 30, 2026

University of Jos Postpones Exams After Gunmen Attack Students, Staff Urged to Stay Alert The University of Jos (UNIJOS) has announced the postponement of all examinations scheduled for March 30 and 31, 2026 following a late‑evening gunmen attack on nearby communities that house many members of the university community. Safety First The postponement aims to ensure the […]

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Plateau Government Imposes 48‑Hour Curfew After Deadly Attack In Jos North

by HEDNEWS March 30, 2026

Plateau Government Imposes 48‑Hour Curfew After Deadly Attack in Jos North The Plateau State Government has declared a 48‑hour curfew in Jos North Local Government Area (LGA) following a tragic security incident that occurred on Sunday, March 29, 2026, in the Gari Ya Waye community of Angwan Rukuba, which resulted in multiple casualties and heightened […]

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PDP Elects New National Working Committee As Over 2,000 Delegates Attend National Convention

by HEDNEWS March 30, 2026

PDP Elects New National Working Committee as Over 2,000 Delegates Attend National Convention More than 2,000 delegates drawn from all 36 states across Nigeria participated at the Peoples Democratic Party (PDP) national convention, held at the velodrome of the Moshood Abiola National Stadium in the nation’s capital The leadership slate that was elected reflects the […]

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EFCC Raises Alarm Over $160bn Global Cryptocurrency Crime Losses

by HEDNEWS March 30, 2026

EFCC Raises Alarm Over $160bn Global Cryptocurrency Crime Losses The Economic and Financial Crimes Commission (EFCC) has raised concerns over the rapid rise in cryptocurrency-related crimes, revealing that more than $160 billion was lost globally in 2025 to illicit digital transactions. The warning was issued by EFCC Chairman Ola Olukoyede during the inauguration of the […]

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Nigeria Loses ₦28tr To Low Oil Production Despite Global Price Boom

by HEDNEWS March 30, 2026

Nigeria Loses ₦28tr to Low Oil Production Despite Global Price Boom Nigeria has reportedly missed out on an estimated ₦28.3 trillion in potential annual oil revenue due to persistently low crude oil production, despite a surge in global oil prices. Industry stakeholders say the country failed to fully capitalise on periods of high prices in […]

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