@sophs.spam375: changed for the better in more ways then one #change #fyp #trend

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Tuesday 08 September 2026 03:12:40 GMT
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Here's everything that happened in Nigeria in the last 12 hours. The Oyo State Police Command paraded a child-trafficking syndicate responsible for the tragic deaths of six children in captivity, successfully rescuing seventeen others across three states after a three-year-old vanished during an Oyo Town masquerade festival. Aliko Dangote officially signed registration documents in Lagos for a historic ₦2.2 trillion initial public offering of 4.1 billion ordinary shares, aiming to expand refinery capacity and allow ordinary citizens to purchase corporate equity stakes. A building collapsed in Abuja’s Wuse Zone 4 on Monday evening just hours after being officially sealed by the Federal Capital Territory Administration, triggering a multi-agency emergency rescue operation to search the debris for victims. Nigeria's gross foreign exchange reserves surged to $54.13 billion, marking the second-highest level in national history after rising significantly from $32.29 billion recorded in May 2023, according to official Central Bank data. The National Bureau of Statistics reported that Nigeria’s merchandise trade surplus jumped sixty-six percent to ₦12.59 trillion in the second quarter of 2026, driven by ₦27.02 trillion in total exports despite heavy fuel import costs. The National Agency for Food and Drug Administration and Control revealed that Chinese counterfeiters have established illicit local manufacturing plants within Nigeria, promptings immediate facility closures, criminal arrests, and sixty-four recent judicial convictions. Nigeria spent ₦952.15 billion on imported petrol during the second quarter of 2026, highlighting a heavy reliance on foreign fuel despite expanding domestic refining capacity and an ongoing market dispute between local refiners and importers. The Federal Ministry of Works is considering terminating a twenty-five-year Benin-Asaba Expressway highway concession, accusing the private operator of slow, substandard construction, poor traffic management, and breaching critical infrastructure agreements. Lagos State police authorities arrested four suspects following the brutal homicide of Basit Kolade, who was killed by an angry crowd on Lagos Island after a traffic dispute just weeks before his scheduled wedding. The Nigerian National Petroleum Company commended the National Drug Law Enforcement Agency for a massive ₦2 billion cannabis interception, while officially disowning the impounded distribution truck used to smuggle the illicit narcotics. A higher education policy think tank urged the Federal Government to seamlessly integrate the Nigerian Education Loan Fund with national tax revenue databases to drastically improve and strengthen future student loan recovery processes.
Here's everything that happened in Nigeria in the last 12 hours. The Oyo State Police Command paraded a child-trafficking syndicate responsible for the tragic deaths of six children in captivity, successfully rescuing seventeen others across three states after a three-year-old vanished during an Oyo Town masquerade festival. Aliko Dangote officially signed registration documents in Lagos for a historic ₦2.2 trillion initial public offering of 4.1 billion ordinary shares, aiming to expand refinery capacity and allow ordinary citizens to purchase corporate equity stakes. A building collapsed in Abuja’s Wuse Zone 4 on Monday evening just hours after being officially sealed by the Federal Capital Territory Administration, triggering a multi-agency emergency rescue operation to search the debris for victims. Nigeria's gross foreign exchange reserves surged to $54.13 billion, marking the second-highest level in national history after rising significantly from $32.29 billion recorded in May 2023, according to official Central Bank data. The National Bureau of Statistics reported that Nigeria’s merchandise trade surplus jumped sixty-six percent to ₦12.59 trillion in the second quarter of 2026, driven by ₦27.02 trillion in total exports despite heavy fuel import costs. The National Agency for Food and Drug Administration and Control revealed that Chinese counterfeiters have established illicit local manufacturing plants within Nigeria, promptings immediate facility closures, criminal arrests, and sixty-four recent judicial convictions. Nigeria spent ₦952.15 billion on imported petrol during the second quarter of 2026, highlighting a heavy reliance on foreign fuel despite expanding domestic refining capacity and an ongoing market dispute between local refiners and importers. The Federal Ministry of Works is considering terminating a twenty-five-year Benin-Asaba Expressway highway concession, accusing the private operator of slow, substandard construction, poor traffic management, and breaching critical infrastructure agreements. Lagos State police authorities arrested four suspects following the brutal homicide of Basit Kolade, who was killed by an angry crowd on Lagos Island after a traffic dispute just weeks before his scheduled wedding. The Nigerian National Petroleum Company commended the National Drug Law Enforcement Agency for a massive ₦2 billion cannabis interception, while officially disowning the impounded distribution truck used to smuggle the illicit narcotics. A higher education policy think tank urged the Federal Government to seamlessly integrate the Nigerian Education Loan Fund with national tax revenue databases to drastically improve and strengthen future student loan recovery processes.

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