BREAKING:The U.S. Supreme Court has struck down Donald Trump’s sweeping tariffs on major trading partners, ruling 6–3 on Friday, February 20, 2026 that he overstepped his authority by using the International Emergency Economic Powers Act (IEEPA) to impose broad import duties. Chief Justice John Roberts wrote for the majority that tariff power belongs to Congress, not the president, signaling a major setback for Trump’s trade agenda and limiting how far emergency powers can be stretched for big economic moves. Justices Clarence Thomas, Samuel Alito, and Brett Kavanaugh dissented. The ruling could also trigger fresh legal battles over what happens to billions in tariffs already collected, including possible refund claims.#BreakingNews, #SCOTUS, #Trump, #Tariffs

Onitsha Market: Sit-at-Home Excuse Is Delusional — Soludo Anambra State Governor, Chukwuma Soludo, has dismissed claims by some traders at the Onitsha Main Market that insecurity prevents them from opening their shops on Mondays, describing the excuse as “delusional.” Soludo stressed that the sit-at-home order ended in Anambra in 2023 and insisted that the continued closure of shops on Mondays amounts to economic sabotage. He argued that traders who freely visit stadiums, exercise on the roads, or engage in street trading on Mondays have no justification for keeping their shops shut. According to the governor, Onitsha Main Market is one of the most secured areas in the state, with over 150 security personnel deployed. He questioned why markets in areas facing greater security challenges remain open, while traders in Onitsha still cite insecurity as a reason for closure. “Anyone claiming they didn’t open their shop because of insecurity is simply delusional,” Soludo said, adding that such behavior harms the state’s economy and must stop. #Anambra #OnitshaMarket #Soludo #SitAtHome

Seun Kuti Drags Wizkid, Says Star Is “Finished” and Using Asake to Revive Career…….. Afrobeat singer Seun Kuti has sparked fresh controversy after taking shots at Wizkid in a recent statement. He claimed Wizkid hasn’t been doing shows lately, insisting the star isn’t busy and only replied to his message because he has nothing else going on. Seun went further to say Wizkid is “finished” and is trying to use fast-rising singer Asake to revive his career. His remarks have triggered heated reactions online, with fans of both artistes trading words. #fintternews

Seun Kuti, Peter Okoye reconcile after feud over 2023 elections Nigerian music stars, Seun Kuti and Peter Okoye, popularly known as Mr P of the defunct P-Square, have resolved their feud months after trading words over the 2023 general elections. The disagreement, which played out publicly in 2023, stemmed from opposing views over the presidential ambition of Peter Obi, the Labour Party candidate in the general election. The feud began after Kuti described Obi as an “opportunist,” a remark that drew a sharp response from Okoye, who questioned Kuti’s relevance and success as an artiste. The exchange escalated into a heated social media confrontation between the two musicians. #fintternews

Niger Gov Bago Calls Kasuwan Daji ‘Market of Thieves’ After 40+ Killed, Orders Relocation of Hamlets Niger State Governor Umar Bago has described Kasuwan Daji market in Demo village, Borgu LGA—where over 40 people were killed and many, including women and children, kidnapped—as a “market of thieves”, notorious for trading stolen cattle. During a condolence visit to Emir of Borgu, Alhaji Muhammad Haliru Dantoro Kitoro IV, Bago highlighted broader security risks tied to unmonitored settlements and warned that armed groups and extremist ideologies had infiltrated some communities. The governor announced a two-month deadline for residents in hamlets within the Kainji Lake forest to relocate to designated resettlement areas to flush out criminals. This follows a rise in violent incidents, including the January 2026 Kasuwan Daji attack and the November 2025 abduction of pupils and staff from St Mary’s Catholic School in Papiri, Agwara LGA. Bago urged the Emirate Council and residents to cooperate with security agencies, stressing that public safety remains a top priority.

Trade Wahala Don Set! Trump Slam 25% Tariff On Any Country Wey Still Dey Do Business With Iran Global market don enter tension as former US President Donald Trump has announced a tough new economic move against Iran and any country still trading with Tehran. In a statement on his Truth social platform, Trump declared that any nation doing business with the Islamic Republic of Iran will now face a 25 percent tariff on all trade with the United States. According to him, the order takes effect immediately and is “final and conclusive.” The announcement, which has already sparked heavy reactions online, did not explain how the policy would be enforced or which countries would be directly affected. Trump, who previously pulled the US out of the Iran nuclear deal in 2018 and imposed heavy sanctions, is now pushing an even harder line. Analysts warn that such a blanket tariff could hit US allies and major economies that still maintain commercial ties with Iran, raising serious legal and diplomatic questions under international trade rules. As of now, the White House and US Treasury have not clarified whether the move is official policy or campaign talk, while Iran has yet to respond. One thing is clear: global trade wahala don start.

US special forces have arrived in the United Kingdom as Washington moves to intercept a sanctioned oil tanker accused of evading the Trump administration’s blockade on Venezuelan crude and racing toward Russia. Cargo aircraft carrying helicopters and personnel landed at RAF Fairford, as US and allied forces stage for a possible high-risk boarding operation against the tanker Marinera, formerly known as Bella 1. The vessel, described by US officials as part of a “shadow fleet” used to bypass international sanctions, is believed to be operating under a Russian flag in the North Atlantic, roughly 500 miles west of Ireland, en route to Russia. Troops from America’s 160th Special Operations Aviation Regiment, known as the Night Stalkers, have reportedly deployed Black Hawk and Chinook helicopters capable of fast-roping commandos onto large vessels. Three V-22 Ospreys operating out of RAF Mildenhall have also joined the mission, alongside surveillance aircraft and refuelling jets. US and UK military activity intensified after the tanker was tracked resurfacing at sea, having previously slipped away from US forces in the Caribbean following Donald Trump’s announcement of a “total and complete blockade” on Venezuelan oil exports. The tanker is alleged to be linked to Iran and accused of helping sanctioned regimes, including those of Vladimir Putin and Nicolás Maduro, continue oil trading despite restrictions. During the pursuit, the crew reportedly painted a Russian flag on the hull and later re-registered the ship under a new name in Russia. Defence sources said the build-up at RAF Fairford indicates preparations for a hostile boarding, while naval patrol aircraft continue to monitor the tanker’s movements. US officials told American media that the preference is to seize the tanker rather than sink it, mirroring a helicopter-borne raid carried out last month on another sanctioned vessel. A decision on whether to proceed with the operation is expected within days.

SERAP Urges President Tinubu to Probe N128 Billion Missing From Power Ministry, NBET The Socio-Economic Rights and Accountability Project (SERAP) has called on President Bola Tinubu to investigate allegations that over N128 billion was misappropriated or diverted from the Federal Ministry of Power and the Nigerian Bulk Electricity Trading Plc (NBET). Citing the Auditor-General’s 2022 and 2025 reports, SERAP highlighted missing funds, undocumented payments to contractors, irregular foreign travel expenses, unauthorized sub-account transfers, and extra-budgetary spending. SERAP urged prosecution of those responsible, recovery of the funds, and their use to address Nigeria’s 2026 budget deficit. The organization emphasized that tackling corruption in the power sector is essential to improve electricity supply and uphold constitutional and international anti-corruption obligations. SERAP warned it may take legal action if the government fails to act within seven days. #SERAP #Tinubu #PowerSectorCorruption #NBET #NigeriaNews #Accountability #AntiCorruption #ElectricityCrisis #PublicFunds

Geregu Power Ownership Changes: Femi Otedola Exits, Ma’am Energy Takes Control, Abdulaziz Yari Appointed Chairman Geregu Power has officially confirmed the sale of billionaire Femi Otedola’s controlling stake to Ma’am Energy Limited, signaling a major shift in the company’s leadership. The transaction involved 95% of Amperion Power’s shares—the vehicle through which Otedola held his stake—estimated at $750 million. Following the ownership change, Otedola, along with CEO Akin Akinfemiwa, deputy CEO Julius Omodayo Owotuga, and several non-executive directors, resigned from the board. Ma’am Energy, an Abuja-based energy solutions provider operating across power generation, oil and gas exploration, refining, and energy trading, is now the controlling entity. Four individuals hold significant control over the company: Abdulkarim Tsafe, Jari Jafar, Abdulaziz Yari, and Abdulaziz Ahmad, each with a 25% stake. Senator Abdulaziz Yari, son of the former Zamfara governor, has been appointed chairman of Geregu Power. Yari has an extensive political and educational background, including leadership and change certification from the London School of Economics and a master’s degree in Public Administration, Finance, and Investment Management from the University of Salford. The new board also includes seasoned professionals across finance, energy, and corporate management: Abdulkadeer Njiddah – Non-executive director, accounting and auditing expert Usman Mohammed – Independent non-executive director, former MD of Transmission Company of Nigeria Mohammed Jaafaru – Independent non-executive director, COO of Advance Link Petroleum Neka Adogu – Independent non-executive director, banking and wealth management expert Mahmud Magaji – Independent non-executive director, Senior Advocate of Nigeria with expertise in criminal law, aviation, and energy sector disputes This leadership overhaul comes after Otedola’s exit and marks a new phase for Geregu Power as Ma’am Energy assumes operational control and strategic direction.

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Ghanaian Authorities Arrest 48 Nigerians in Accra for Online Fraud and Romance Scams Ghanaian authorities have arrested 48 Nigerians in a coordinated operation near Accra for involvement in various cybercrime activities, including romance scams, online investment fraud, impersonation schemes, and illicit online gold trading. The arrests were part of a broader effort to protect Ghana’s digital and financial environment from organized cybercrime. The raid, conducted at night by the Cybercrime and Security Agency (CSA) in collaboration with the National Security and Ghana Police Service, took place in the Dawhenya area of the Ningo-Prampram Constituency. Among the suspects, 46 were men and two were women, all believed to be Nigerian nationals. Seized items included 54 laptops, 39 mobile phones, a Starlink internet device, and eight MTN TurboNet routers. The Minister for Communication, Digital Technology & Innovations, Sam George, emphasized that Ghana welcomes legitimate business but remains vigilant against cybercriminals. This crackdown follows similar actions earlier in the year, including the arrest of nearly 800 people in Lagos for online fraud, highlighting regional and international collaboration against cybercrime networks. Authorities reaffirmed their commitment to intelligence-led operations to ensure a safer cyber ecosystem in Ghana.

BREAKING NEWS: FBI charges Nigerian, others over $41m insider trading and market manipulation. The suspects are Izunna Okonkwo, a Nigerian; Muhammad Saad Shoukat, Muhammad Arham Shoukat, Muhammad Shahwaiz Shoukat, and Daniyal Khan, all Pakistanis.

Nigerian-American Izunna Okonkwo, Over $41M Insider Trading and Stock Manipulation Scheme U.S. authorities have charged six individuals, including Nigerian-American Izunna Okonkwo, for a multi-year insider trading and stock manipulation scheme that allegedly earned at least $41 million in illicit profits. The defendants are accused of trading on material non-public information and manipulating the stock prices of biopharmaceutical companies developing breast cancer and opioid overdose treatments. Court documents allege the group falsified data and issued fake press releases to mislead investors. The charges include conspiracy to commit securities fraud, insider trading, wire fraud, and market manipulation, carrying potential prison sentences of 5 to 25 years per count.

Abuja Court Sentences Man to Six Months for Illegal Sale of Naira Notes A Federal High Court in Abuja has sentenced Faisal Muhammad to six months in prison for illegally selling Naira notes in violation of the Central Bank of Nigeria (CBN) Act. Muhammad was arrested in July 2025 at Abuja’s A.Y.A. area while hawking a total of N3,150,000 in N500 and N1,000 denominations. Pleading guilty to the offence, he was sentenced by Justice R. N. Ofili-Ajumogobia, who confirmed the prosecution had established its case. The court also offered an option of a N200,000 fine. The EFCC reiterated that illegal trading in Naira notes is a criminal offence that undermines the integrity of Nigeria’s currency. #EFCC #IllegalNairaTrade #AbujaCourt

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Naira Falls to ₦1,454/$1 as Festive Dollar Demand Rises, CBN, Traders Reveal New Rates Nigeria’s naira weakened further against the US dollar, closing the week at ₦1,454/$1 in the official market as holiday-related spending triggered a surge in forex demand. Parallel market traders in Lagos also reported declines, with the dollar trading between ₦1,469.5 and ₦1,490. Data from the CBN showed a steady week-long depreciation despite a slight increase in Nigeria’s foreign reserves to $45.04 billion, raising hopes for possible market intervention. Analysts attribute the pressure to importers, traders, and festive shoppers rapidly accumulating dollars. Despite the setback, experts say improved liquidity, rising reserves, and potential remittance inflows could help stabilize the naira as December progresses.

These are some of the dem0ns your governments are negotiating with. These are some of the f0rces they want you to settle with. These vamp1res suck1ng the bl00ds of your families are the people your governments are pamparing. 90% of them are nigerians, why 10% of them are from neighbouring countries. Even some of the strangers might not completely be strangers ooo. They might be partially nigerians too. Either their fathers or mothers are naija. The funny thing is, 2027 many of you will still vote them. As far as band1ts are not att@cking your families, these governments remain your favorite. But know today that, if the disease that affect the hand is not cured immediately, it will affect the chest. Nigeria is now a country where n0tori0us cr1m1nals and k1llers have the final say. The head has become the tail why the tail is now the head. Bandi1ts are earning millions through forest trading why graduates are wearing neck tie with akpola shoes up and down searching for a job of at least 100k salary with insu1t ontop o. national leaders are just there as pictures but have no right. How can you be the head of a home and yet you don't have a say, that shows you're not responsible na. Because if you are, what you say stands. I hear many says these band1ts are not Muslims, they're just using that word alla o akbar. And i ask. "Is that not enough reason to destr0y them"? Isn't that blasphemy to the islamic religion? A none muslim is using your god to k1ll pe0ple and you muslims are quiet? And yet you k1lled lady Deborah years back for blasphemy? She was burnt alive by muslims. Now you claim that band1ts are not muslims, but watch them blasphem your god by using the word alla o akbar to k1ll people? Is Gumi not a muslim? A cleric for that matter. A sheikh. Who are you people f00ling? Yourselves though. Why has the governors of the states affected not ordering the millitary to step in and wipe those id1ots? Because part of the ransom these band1ts demand for goes to them. Both Gumi, state governors and band1ts are working together. Na one rope tie them. Now listen to me you decievers. In 2027 all these will be over. These governments will stop them and make it look like they've fought terr0rism, the k1lling will stop truly, everywhere Will be calm for a while, why? So that you all will be convinced that your governments are working, so that you will celebrate their hard work and then run to vote them again 🤣🤣🤣🤣 they'll give you 5k to buy your life on election day. And if you collect that money, the bl00d of the innocent will hunt you and your children forever. Because the money they gave you is bl00d money. Money they are making now from k1lling innocent people. Our politicians knows how to plan ahead. Becareful who you vote in 2027. Your life might be next after they win the next election. It might be your turn for your bl00d or that of your families to flow on the ground. When it's time for election, all the band1ts will come out wearing beautiful clothes, looking innocent, to come and vote their supporters, and rerurn to their ev1l forest to continue their forest trading 😂😂😂😂 see gaaaaaaame. Na campaign money them dey use band1ts make so ooooo. Bl0000000000d moneyyyyyy. Candy nor dey ever make sense to una abi? Ok ooooooooooo. Una bye bye oooooo. Follow Candy Solomon and Candilicious fans.

Trump’s threat sparks massive sell-offs in Nigerian stock market as investors lose N2.8tn. The Nigerian stock market recorded a significant downturn in the last five days as investors at the Nigerian Exchange Limited, NGX, lost a massive N2.8 trillion between November 3 and 7, 2025. Equity market capitalisation fell sharply to N94.9 trillion, while the All-Share Index, ASI, declined by 2.99 per cent, dropping to 149,524.81 points from the previous week’s 154,126.46 points. The market traded bearish throughout the week under review. On Monday alone, investors shed N245.88 billion. The negative trend continued on Tuesday with a further loss of N611.96 billion. By Wednesday, the market posted its worst decline of the week, with investors losing N1.31 trillion in a single trading session — the largest drop recorded during the period. The sell-offs persisted as the market dipped again by N347.75 billion on Thursday and closed the week weaker with an additional loss of N318.78 billion on Friday, pushing the total weekly loss to N2.8 trillion. Meanwhile, market activity also slowed. Investors traded 3.575 billion shares valued at N107.011 billion in 146,429 deals, compared to the previous week’s 7.479 billion shares worth N145.429 billion exchanged in 159,487 deals. The financial services industry dominated the trading volume chart with 2.946 billion shares worth N65.904 billion across 62,817 deals. Fidelity Bank Plc, FCMB Group Plc, and Aso Savings & Loans Plc led trading by volume, accounting for 1.288 billion shares valued at N19.3 billion in 11,536 deals, representing 36.03 per cent and 18.08 per cent of the total market turnover in volume and value, respectively. In price movement, 20 equities appreciated during the week—down from 29 in the previous week. Meanwhile, 75 equities declined, higher than the 70 recorded previously, while 51 remained unchanged.

"FG Set to Ban Foreign Airlines from Selling Tickets in Dollars" — NANTA President. The Federal Government is set to put an end to the sale of airline tickets in foreign currency by international carriers, according to Yinka Folami, President of the National Association of Nigerian Travel Agencies (NANTA). Speaking during a cultural and tourism programme in Lagos over the weekend, Folami described the practice of cross-border foreign currency trading as “a crime against the economy.” “Those of us in the aviation sector know that until Nigeria has a strong national carrier to fill the gap, these issues will continue. I am pleased to inform Nigerians that the government is actively addressing the sale of tickets in foreign currency, and this is the latest update,” he said. He emphasized that foreign airlines selling tickets in dollars violates regulations and adds pressure on the naira and the country’s foreign exchange reserves. Folami noted that the government is responding to concerns raised by travel agencies over this persistent challenge. The NANTA president further stated that there is no longer any justification for selling tickets in foreign currency in Nigeria, calling the practice outdated and predicting that it will soon be phased out from the country’s aviation industry. He also highlighted the importance of a strong domestic airline, urging Nigerians to support Air Peace. “The airline has taken bold steps by launching London routes from Lagos and Abuja. It is both a patriotic duty and a responsibility for Nigerians to support and pray for the airline’s continued success and sustainability,” Folami added.

Ogun Govt seals Adatan market, restaurant over environmental infractions. The Ogun State Government has sealed the Adatan Market in Abeokuta for environmental infractions and illegal roadside trading. Special Adviser to the Governor on Ogun State Environmental Protection Agency, OGEPA, Farouk Akintunde, who also doubles as the Chairman Ogun State Task Force on Environmental Compliance, made this known to journalists after an enforcement exercise on Tuesday. Akintunde explained that Adatan Market was sealed due to traders dumping refuse indiscriminately in drainage channels and displaying goods on the walkways and drainages. He warned that the government would no longer tolerate disregard for environmental regulations. “Market traders across Ogun State should take ownership of drainage channels in front of their shops, desilt and clear them to prevent flooding, while they should also note that Thursday of the week has been set aside in Ogun State for markets to observe sanitation which must be strictly adhered to,” he said. Akintunde revealed that the enforcement and eventual closure of the market followed several months of warnings and engagements with traders which they refused to yield to. The OGEPA boss noted that the series of enforcement actions underscored the state government’s zero tolerance for environmental pollution and its renewed commitment to keeping the state clean. Subsequently, Alaga Restaurant along Mercy road, Panseke and Cintinatti Bar in Oke-Ilewo, both in Abeokuta, were also sealed for poor management of waste water, discharged into the environment.