All Niger Schoolchildren Accounted For After Kidnapping
The Catholic Diocese confirms all students and staff from St Mary's school in Papiri are safe and reunited with families. Get the full story on the resolution of this harrowing incident.
Category : Search result: N223 trillion kidnapping
Ex-UN Envoy Rejects Death Penalty for Kidnappers
Former UN Human Rights Envoy, Prof. Uchenna Emelonye, urges Nigerian Senate to strengthen security institutions, not expand capital punishment laws, to effectively combat kidnapping and banditry.
Nigeria's 2026 Budget: N58.47tr Approved, Lower Exchange Rate Set
Nigeria's Federal Executive Council has approved a N58.47 trillion budget for 2026, targeting a lower exchange rate of N1,400/$. Get the full breakdown of allocations and fiscal strategy.
Tinubu Presents N54.4tr 2026 Budget at NASS
President Bola Tinubu presents the 2026 Appropriation Bill of N54.46 trillion to the National Assembly under heavy security. Read the full details of the budget presentation and its implications.
Son, 4 others arrested for fake kidnapping in Lagos
Lagos police arrest five suspects, including a 15-year-old boy, for staging his own kidnapping to extort N1.7 million from his mother. Full details of the elaborate scam revealed.
Boy Fakes Kidnapping, Extorts N1.7m from Mother
Lagos police arrest five suspects, including a 15-year-old boy, for staging a fake kidnapping to extort N1.7 million ransom from his mother. Full details of the elaborate scam revealed.
5 Arrested in Lagos for Staged Kidnapping, Extortion Plot
Lagos police have arrested five suspects for orchestrating a fake kidnapping to extort N1.7m from a victim's mother. The staged video caused public panic. Read details of the police investigation.
Actor Lalude Links Kidnapping to Destiny, Not Government
Yoruba actor Fatai Oodua (Lalude) sparks debate by claiming kidnapping in Nigeria is a matter of fate. He argues it's not the government's failure and advises citizens to stay vigilant. Read his full controversial take.
Tinubu Proposes N43.56trn Bill to End Multiple Budgets
President Tinubu transmits a N43.56 trillion appropriation bill to unify 2024-2025 spending, aiming to stop overlapping budgets and boost capital project performance. Urges swift legislative approval.
Sujimoto's N20tr Border, Agro-Plan to Fight Insecurity
Sujimoto Group proposes a N20 trillion fortified border and agricultural development initiative to combat terrorism and banditry. The plan integrates security with economic growth. Read more.
Gas Issues, N6tr Debt Cripple Nigeria's Power Generation
Nigeria's electricity supply plummets due to gas constraints and a massive N6 trillion debt owed to power generation companies. Find out why the grid remains unstable.
Senate Okays MTEF, Paves Way for ₦54.4tr 2026 Budget
The Nigerian Senate has approved the 2026-2028 MTEF, enabling President Tinubu to present a historic ₦54.4 trillion budget. Key fiscal parameters set the stage for the national spending plan. Read the full details.
CBN Gets Deadline to Account for N5.2tr Unremitted Funds
The House of Reps Public Accounts Committee has ordered the CBN to reconcile N5.2 trillion in unremitted operating surplus by January 19, 2026. Get the full details on the fiscal accountability probe.
FG, States, LGs Share N1.9trn as FAAC Allocation Drops
The Federation Account Allocation Committee (FAAC) distributed N1.928 trillion for November 2025, a significant drop from October. See the full breakdown for FG, states, and LGs.
N3.8tr Loss: Lagos Traffic Crisis and Tech Solutions
Lagos traffic costs the economy N3.8 trillion yearly. As Yuletide approaches, experts push for tech-driven solutions like e-Call-Up systems and mass transit to salvage the situation. Read more.
Delta Assembly Passes N1.73tr 2026 Budget
Delta State House of Assembly passes a N1.73 trillion budget for 2026, raising the governor's proposal by N65.6 billion. Read details on the budget breakdown and legislative process.
Bagudu: Youth Skills Key to $1 Trillion Economy by 2030
Minister Bagudu says Nigeria can hit a $1 trillion economy by 2030, but only if its booming youth population is equipped with critical skills. He warns the opportunity is time-sensitive.
Lawmaker seeks sack of Finance Minister over N4tr debt
Rep. Ikenga Ugochinyere calls for the dismissal of Finance Minister Wale Edun and FIRS Chairman Zacch Adedeji over N4 trillion unpaid contracts, accusing them of sabotaging Tinubu's agenda. Contractors protest non-payment.
Police bust kidnapping syndicate, recover GPMG in Gombe
Gombe State Police Command, with hunters, neutralized two kidnappers, arrested seven, and recovered a General Purpose Machine Gun. The syndicate confessed to receiving N150 million in ransoms. Read the full details.
FG to Clear N4tr Road Contractors' Debt by Dec 20
The Federal Government has set a December 20 deadline to settle all outstanding payments owed to road contractors, following protests over N4 trillion in delayed project financing. Minister David Umahi announced the presidential directive.
72 Data Centres Needed for Nigeria's $1 Trn Economy
Digital Realty CEO Ikechukwu Nnamani says Nigeria requires 72 edge data centres to power a $1 trillion economy by 2030. He highlights a severe infrastructure gap and lack of AI-ready facilities.
16 Banks Meet CBN Capital Rules Ahead of 2026 Deadline
CBN Governor Yemi Cardoso confirms 16 banks have met new capital thresholds. With the March 2026 deadline approaching, the recapitalisation drive aims to strengthen lenders for Nigeria's $1 trillion economy goal.
14 Kidnapped on Owerri-Aba Road, Imo State
Gunmen abducted 14 passengers in Ngor Okpala, Imo State. A separate kidnap attack left a Lexus SUV destroyed. Watch the shocking videos and get the full details.
Shettima hails Tinubu's N3.5tn education push at UNIMAID
VP Shettima declares Tinubu's N3.5tn education budget signals renewed commitment to national development through knowledge and innovation at UNIMAID's 50th anniversary.
Bodies of 2 Kidnapped Cameroonian Women Found
Anambra police confirm recovery of two Cameroonian women's bodies from Omambala River after kidnapping. Two suspects arrested, one remains at large. Families identify victims.
Kogi Kidnapping: N60m Ransom Demand for Mother
A Nigerian man shares heartbreaking update about his mother kidnapped in Kogi. Kidnappers demand N60 million ransom while victim suffers in captivity. Read full story.
Pregnant Couple Abducted in Edo, N50m Ransom Demanded
A pregnant couple kidnapped in Edo state begs for help as captors demand N50 million ransom and threaten assault. Family raised only N7 million. Government intervention urgently needed.
Lady's kidnapped father released after ransom payment
A Nigerian lady shares emotional update after her father's kidnapping ordeal. Ransom paid for his release from bandits who beat him in the bush. Read the full story.
States Plan Investment Summit for $1 Trillion Economy
Nigeria's 36 states and FCT plan a subnational investment summit to attract foreign investors, critical for achieving the $1 trillion economy target by 2030. Read more.
Senate Recommends Death Penalty for Kidnappers
Nigeria's Senate classifies kidnapping as terrorism, mandates death penalty for convicts. Read how this new resolution aims to combat rising insecurity.
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