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Retired Major General Abubakar Rabe Dies In Captivity After Kidnap

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Retired Major General Rabe Abubakar has died while in captivity, two weeks after he was abducted by armed gunmen alongside his wife near the Matazu area of Katsina State while travelling to attend a wedding ceremony.

The Katsina State Government confirmed the development in a statement issued by the Ministry of Internal Security and Home Affairs, describing the incident as a painful loss to the family, the state, and the nation.

According to the government, the former military officer died from complications related to diabetes and hypertension despite ongoing efforts by security agencies and the state government to secure his release.

“The deceased Retired General died a natural death from complications of diabetes and hypertension,” the statement said.

The government noted that extensive attempts were made to rescue the retired senior officer, but the efforts ultimately ended in tragedy. It added that his contributions extended beyond Katsina State and left a lasting impact on Nigeria.

Governor Dikko Umaru Radda expressed condolences to the family of the late general and Nigerians at large, describing the incident as a “dark moment” that highlights the urgent need for stronger collaboration in tackling criminal elements threatening communities across the country.

The state government also reaffirmed its commitment to working closely with the Federal Government and security agencies to ensure those responsible for the abduction are brought to justice, while intensifying efforts to combat banditry and improve security across Katsina State.

The death of the retired general has once again drawn attention to the persistent security challenges in northern Nigeria, where kidnappings and bandit attacks continue to affect communities, travellers, and prominent individuals despite ongoing military operations.

Tension Under Ikeja Bridge As Protests And Pro-Tinubu Rally Hold Simultaneously In Lagos

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Tension briefly escalated under the Ikeja Bridge in Lagos on Friday as two different groups held separate rallies at the same location, leading to a contest over control of the protest ground.

One of the rallies was organised by civil society organisations and human rights activists to highlight growing concerns over insecurity across the country. The gathering featured prominent figures including Senior Advocate of Nigeria, Femi Falana, activist Hassan Taiwo Soweto, and other campaigners.

At the same venue, a pro-government group known as Team Nigeria staged a solidarity rally in support of President Bola Tinubu, creating a tense atmosphere that nearly resulted in confrontation before security operatives intervened.

Police officers led by Akinwumi Oke were deployed to the area to maintain peace and prevent any clashes between the opposing groups.

Both camps arrived with powerful sound systems and played loud music in an attempt to dominate the venue, further intensifying the rivalry between them.

The atmosphere became even more charged when Femi Falana arrived alongside his wife, Funmi Falana, and their son, popular musician and activist Folarin Falana, popularly known as Falz. Their arrival energized the anti-government demonstrators, while members of Team Nigeria continued their rally activities with loud music and public displays of support.

Speaking to protesters, Falana explained that the demonstration was intended to draw attention to the worsening security situation in the country, particularly the rising cases of kidnappings and the abduction of children in states such as Oyo, Zamfara, and Kebbi.

Despite the tension and competing rallies, security personnel successfully maintained order and ensured the situation did not spiral into violence.

Mexico Defeat South Africa 2-0 In Fiery World Cup Opener As Three Players See Red

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Mexico kicked off their 2026 FIFA World Cup campaign with a commanding 2-0 victory over South Africa in a dramatic opening match at the iconic Azteca Stadium.

The game was packed with controversy as Brazilian referee Wilton Sampaio issued three red cards, with South Africa finishing the match with nine players and Mexico ending with ten men.

The hosts took an early lead in the ninth minute when Julian Quiñones capitalized on a defensive mistake and fired a powerful shot through the legs of goalkeeper Ronwen Williams. Quiñones nearly doubled the advantage before halftime, but his effort struck the post.

South Africa’s hopes suffered a major setback five minutes into the second half when midfielder Yaya Sithole was sent off for bringing down Brian Gutiérrez as he raced through on goal.

Mexico made their numerical advantage count in the 68th minute when veteran striker Raúl Jiménez headed home Roberto Alvarado’s cross to score his first-ever World Cup goal. The emotional celebration reflected the significance of the moment for the 35-year-old, who overcame a life-threatening skull fracture suffered in 2020.

The drama continued late in the match as South African substitute Themba Zwane received a straight red card for slapping Alvarado, reducing his side to nine men. Mexico defender César Montes was also dismissed in the closing stages for a foul on Khuliso Mudau.

The victory gives Mexico the perfect start to their third World Cup as hosts, delighting home fans after a vibrant opening ceremony and setting the tone for their tournament ambitions.

Omoyele Sowore Hospitalised After Police Disperse Protesters With Tear Gas In Abuja

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Human rights activist and former presidential candidate, Omoyele Sowore, was reportedly hospitalised on Friday after collapsing during a Democracy Day protest at Unity Fountain in Abuja.

The incident occurred after police officers moved to disperse demonstrators who had gathered to protest worsening insecurity, economic challenges, and what they described as poor governance in the country.

According to eyewitness accounts, security operatives fired tear gas canisters into the crowd, causing panic as protesters rushed to safety amid the smoke-filled environment.

Reports from the scene indicated that Sowore was affected by the tear gas and subsequently lost consciousness during the confrontation between protesters and security personnel.

Fellow activists and supporters quickly came to his aid and evacuated him from the protest ground. Sources close to the activist said he regained consciousness while being transported away from the venue.

He was later taken to an undisclosed hospital, where he reportedly received further medical evaluation and treatment.

The Democracy Day demonstration was one of several gatherings held across parts of the country to draw attention to concerns over security, economic hardship, and governance issues. Despite the disruption, protesters continued to call for government action on the challenges facing Nigerians.

Tinubu Confers National Honours On June 12 Heroes

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President Bola Ahmed Tinubu has conferred national honours on dozens of pro-democracy activists, journalists, civil society leaders, and retired military officers who played key roles in Nigeria’s June 12 democratic struggle.

The announcement was made during his nationwide Democracy Day address, where he paid tribute to individuals who endured persecution, imprisonment, exile, and other sacrifices in the fight to restore democratic governance in Nigeria.

According to the President, the honours are intended to preserve the legacy of those whose contributions helped pave the way for Nigeria’s current democratic era, which now marks 27 years of uninterrupted civilian rule.

Prominent Media and Civil Society Figures Honoured

Among those recognised were notable journalists, rights advocates, and democracy campaigners, including:

  • Gbemiga Ogunleye, former Provost of the Nigerian Institute of Journalism (NIJ)
  • Babajide Kolade-Otitoju, Director of News at TVC News and veteran journalist
  • Dr. Joe Okei-Odumakin, human rights activist and democracy advocate
  • Chief Ayo Opadokun, prominent NADECO leader
  • Sam Omatseye
  • Oladele Alake
  • Olatunji Bello
  • Louis Odion
  • Tunde Fagbenle
  • Richard Akinnola
  • Debo Adeniran

Recognition for ‘Soldier-Democrats’

In a notable move, President Tinubu also honoured a group of retired military officers described as “soldier-democrats” for their roles in resisting military dictatorship and supporting democratic ideals.

Those recognised include:

  • Colonel Sambo Dasuki (rtd)
  • Colonel Lawan Gwadabe (rtd)
  • Brigadier Yahaya Abubakar, the Etsu Nupe
  • Major-General Ishola Williams (rtd)
  • Major General M.A. Garba
  • Brigadier General Lawal Jaafaru Isa

Tinubu Celebrates June 12 Heroes

The President noted that many of the award recipients faced intimidation, detention, solitary confinement, and exile during the struggle to actualise the June 12 mandate and restore democratic governance in Nigeria.

He said the honours serve as a national acknowledgement of their sacrifices and commitment to freedom, justice, and democracy.

The recognition forms part of activities marking Nigeria’s 2026 Democracy Day celebration and the country’s 27th year of uninterrupted democratic rule.

Congratulations to all the recipients on this historic national recognition.

CBN Moves To Tighten Banking Rules, Holdcos To Strengthen Financial Stability

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The Central Bank of Nigeria (CBN) has introduced new regulatory proposals aimed at strengthening corporate governance and improving stability across the country’s financial services industry.

The apex bank released two draft frameworks—the Exposure Draft of Guidelines on Ring-Fencing Operations of Closely Linked Entities and Revised Guidelines for Financial Holding Companies (Holdcos)—designed to close regulatory gaps, safeguard depositors’ funds, and reduce risks within financial groups and their subsidiaries.

The CBN has also invited stakeholders and members of the public to review the exposure drafts and submit feedback before final approval and implementation.

In circulars signed by Director of Financial Policy and Regulation Department, Central Bank of Nigeria, Dr. Rita Sike, the regulator said the proposed framework aims to protect banks from risks originating from affiliated companies, strengthen governance structures, and ensure financial soundness even when related entities experience distress.

According to the CBN, the reforms are intended to prevent challenges in non-banking subsidiaries from spilling over into core banking operations and endangering depositors’ funds.

Under the proposed ring-fencing rules, banks will be required to maintain clear operational, financial, and governance separation from closely linked entities.

Banks will also be restricted from offering preferential financial support to sister companies or engaging in transactions that do not reflect normal market conditions.

“Institutions are expected to maintain arm’s-length relationships with closely linked entities,” CBN stated.

All transactions involving affiliated companies must now be conducted under commercial terms similar to those applied to independent third parties, including lending decisions, pricing, collateral requirements, and risk assessments.

To further strengthen governance, the CBN has proposed restrictions on overlapping executive roles between banks and their affiliated companies. Individuals will no longer be allowed to hold management positions in both institutions simultaneously.

The guidelines also mandate separate boards and independent governance structures for banks and related entities to reduce undue influence from parent companies and major shareholders.

In addition, banks will be required to maintain distinct operational systems, technology infrastructure, and business processes from their affiliates.

The CBN also plans to clearly differentiate banking products from those offered by non-banking subsidiaries, ensuring customers understand that investments in affiliated entities do not carry the same protections as bank deposits.

The draft regulations further prohibit banks from acquiring low-quality or non-performing assets from related companies to artificially improve their financial positions.

The apex bank stressed that banking capital must remain within regulated institutions to support operations and absorb risks, restricting its use for supporting struggling affiliates.

CBN also plans to impose exposure limits on intra-group transactions, alongside stricter reporting requirements covering ownership structures, service agreements, and related-party dealings.

For financial holding companies, the revised guidelines introduce stronger ownership, capital, and governance requirements aimed at aligning Nigeria’s regulatory framework with global standards.

One key provision requires Holdcos to maintain at least a 51 per cent equity stake in each subsidiary under their control to ensure effective oversight and accountability.

CBN also stated that holding companies must register as persons with significant control with relevant corporate authorities to improve transparency.

The framework introduces additional capital requirements, requiring Holdcos to maintain sufficient standalone capital to support subsidiaries during financial stress.

Under the new structure, foreign subsidiaries will now be held directly by the holding company rather than Nigerian banking subsidiaries, a move designed to isolate international risks from domestic banking operations.

The guidelines also impose stricter controls on shared services within financial groups, ensuring all arrangements are conducted on transparent commercial terms and are subject to regulatory scrutiny.

CBN reiterated that financial holding companies must remain non-operating entities focused on ownership and strategic oversight rather than day-to-day management.

“The primary role of a Holdco is to hold investments and provide strategic direction for the group,” the guidelines stated.

Executives of holding companies will also be restricted from participating in daily operations of subsidiaries, which must retain independent management and risk structures.

The CBN urged all affected institutions to review the proposed rules and begin compliance preparations ahead of final implementation, warning that violations could attract sanctions, financial penalties, and possible restructuring measures.

Oklahoma Weather Alert: Severe Storm Threat Returns Saturday

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Oklahoma is expected to enjoy cooler conditions on Friday before heat and storm activity return over the weekend, according to meteorological forecasts.

Friday will be noticeably milder statewide, with temperatures dropping into the upper 80s—down from the mid-90s recorded in recent days. Cities such as Oklahoma City, Enid, and parts of western Oklahoma are forecast to reach around 82 degrees.

“Friday is expected to bring cooler weather statewide, with highs dropping to the upper 80s compared to the mid-90s experienced recently. Oklahoma City, Enid, and western Oklahoma are forecast to reach a high of 82 degrees Friday.”

Forecasters also note a low chance of showers on Friday, along with a slight possibility of thunderstorms forming in the Oklahoma Panhandle. However, these storms are expected to weaken as they move westward, leaving most areas dry.

Saturday will bring a return to intense heat across Oklahoma, with temperatures rising back into the mid-90s for much of the state and reaching up to 100 degrees in northern and western regions.

A cold front is expected to arrive after 5 p.m., meaning most daytime hours will remain hot and dry before storm development begins later in the evening.

The approaching system will bring a marginal storm risk to areas including Woodward and Seiling, while a slight risk zone extends from Ponca City into northeastern Oklahoma.

The main threat associated with these storms is damaging wind gusts, which could reach between 70 and 80 mph in stronger cells.

Storms are projected to develop rapidly along the cold front between 6 p.m. and 7 p.m., affecting areas such as Ponca City, Perry, Enid, Seiling, and Cheyenne.

By around 10 p.m., the storm line is expected to shift toward Interstate 40. While weakening in intensity, storm complexes are still likely to persist across far western Oklahoma into early Sunday morning.

Residents are advised to stay alert as weather conditions evolve rapidly over the weekend.

Nigeria Misses Oil Production Target, Records $3.6 Billion Shortfall

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Nigeria has once again fallen short of its oil production target, recording an estimated $3.6 billion revenue deficit in the first five months of 2026 despite rising crude oil prices and improved output levels.

Although the country’s oil production increased to 1.7 million barrels per day (bpd) in May, up from 1.52 million bpd in April, it remained below the 1.84 million bpd benchmark set in the 2026 budget.

This marks the fifth consecutive month Nigeria has failed to meet its production target, raising concerns about the country’s ability to achieve projected oil revenue goals despite favourable market conditions.

Nigeria’s oil sector has repeatedly projected production levels of up to two million barrels per day in 2026. However, both industry projections and the official budget benchmark have remained out of reach for much of the year, even with condensates included in total output figures.

Data released by the Nigerian Upstream Petroleum Regulatory Commission shows that production shortfalls persisted throughout the first five months of the year:

  • January: Production stood at 1.63 million bpd, resulting in a shortfall of 212,539 bpd.
  • February: Output dropped to 1.48 million bpd, creating a deficit of 356,046 bpd.
  • March: Production rose slightly to 1.55 million bpd but still fell short by 293,907 bpd.
  • April: Output reached 1.66 million bpd, leaving a gap of 176,587 bpd.
  • May: Production improved to 1.7 million bpd but remained 140,000 bpd below the benchmark.

The cumulative production deficit over the period amounted to approximately 1.36 million barrels, contributing to an estimated $3.6 billion loss in projected oil revenue.

Among Nigeria’s major production streams, Bonny Terminal recorded the highest output with 293,870 bpd, followed closely by Forcados Terminal at 289,900 bpd.

Other top contributors included:

  • Qua Iboe – 173,360 bpd
  • Escravos Oil Terminal – 135,470 bpd
  • Odudu (Amenam Blend) – 63,250 bpd

The NUPRC attributed the improvement in production to stable operations, the completion of scheduled maintenance programmes, and the absence of major pipeline or facility disruptions during the reporting period.

Despite concerns about production performance, the Organization of the Petroleum Exporting Countries maintained a positive outlook for Nigeria’s economy.

According to OPEC, Nigeria’s economy expanded by 3.9 percent year-on-year in the first quarter of 2026, nearly matching the four percent growth recorded in the final quarter of 2025.

The organisation noted that growth was largely driven by sectors such as:

  • Agriculture
  • Manufacturing
  • Construction
  • Information and communication
  • Trade
  • Finance and insurance

Business activity also strengthened, with the Purchasing Managers’ Index (PMI) rising to 54.1 in May, its highest level since August 2025.

OPEC credited ongoing reforms, increased infrastructure investments, stronger trade conditions, rising domestic refining capacity, and improved macroeconomic stability for the positive outlook.

However, the organisation warned that persistent oil production challenges could continue to affect government revenue generation if not addressed.

While Nigeria’s economic indicators are showing signs of improvement, industry observers say achieving production targets remains critical to funding government spending plans and meeting revenue projections outlined in the 2026 budget.

Atiku Picks Amaechi As Running Mate Ahead Of Presidential Election

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Former Vice President Atiku Abubakar has reportedly selected former Minister of Transportation Rotimi Amaechi as his running mate for the 2027 presidential election under the African Democratic Congress.

The reported decision comes after weeks of consultations and negotiations within the opposition coalition and is expected to result in an Atiku-Amaechi ticket ahead of the January 16, 2027 presidential election.

Political analysts view Amaechi’s emergence as a strategic move aimed at creating regional balance between the North-East and South-South geopolitical zones. Observers believe the combination could strengthen the ADC’s position against other opposition contenders and the ruling All Progressives Congress.

Amaechi, a former governor of Rivers State, had previously dismissed speculation linking him to a vice-presidential role. After obtaining his presidential nomination form, he maintained that he was pursuing his own presidential ambition and publicly rejected suggestions of a consensus arrangement within the party.

However, sources familiar with the discussions claim that Atiku assured Amaechi of a prominent role during the campaign and in a potential future administration, helping to secure his acceptance of the vice-presidential position.

The development comes amid growing political realignments as parties and key figures reposition ahead of the 2027 general elections.

Atiku Criticises Tinubu’s Administration on Democracy Day

Meanwhile, Atiku used his Democracy Day message to criticise the administration of Bola Tinubu, arguing that recent actions by the government contradict the democratic ideals associated with June 12.

In his statement, the former vice president urged Nigerians to defend democratic institutions, resist intimidation, and oppose what he described as attempts to weaken opposition parties.

According to Atiku, Nigerians should draw inspiration from the sacrifices of pro-democracy activists to preserve the significance of June 12 and protect democratic values.

He further alleged that opposition parties have faced sustained pressure through leadership disputes, defections, and the misuse of state institutions, warning against what he described as democratic backsliding.

Atiku also maintained that institutions meant to serve the public impartially should not be used for political persecution, stressing the need to safeguard democratic freedoms as Nigeria approaches the 2027 elections.

Senate Cancels Arrest Warrant Against Mele Kyari

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The Senate has nullified the arrest warrant earlier issued against former Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC), Mele Kyari, while also distancing itself from comments allegedly made by Senator Adams Oshiomhole describing the Nigerian National Petroleum Company Limited (NNPCL) as “a bunch of criminals and thieves.”

The decision followed the adoption of a motion sponsored by Senate Leader Opeyemi Bamidele, aimed at protecting the integrity of the National Assembly and ensuring strict compliance with constitutional procedures.

As part of its resolutions, the Senate reaffirmed that no committee of the Red Chamber has the authority to independently issue or execute an arrest warrant. Lawmakers emphasized that such powers remain exclusively with the Senate President.

The development comes amid allegations that Kyari was avoiding an ongoing Senate investigation. However, the former NNPCL chief rejected the claims, stating that he had informed the committee through a letter dated May 11, 2026, that he was undergoing medical treatment outside Nigeria.

According to the Senate, all legislative oversight activities must be carried out within the framework of the Constitution, due process, and the principles of fair hearing.

Presenting the motion, Bamidele argued that while Sections 88 and 89 of the Constitution empower the National Assembly to conduct investigations, the authority to compel attendance through warrants is reserved for the presiding officer of the chamber.

He noted that provisions of the Legislative Houses (Powers and Privileges) Act clearly assign such authority to the Senate President in matters relating to Senate proceedings and committee activities.

Bamidele warned that any committee acting independently to issue or enforce an arrest warrant without approval from the Senate President would be exceeding its legal powers.

“The power to issue a warrant affecting the liberty of a citizen is an extraordinary statutory power which must be exercised strictly in accordance with the procedure prescribed by law,” he said.

He further stressed that legislative investigations should not be treated as criminal trials and that no individual or institution should be presumed guilty before the conclusion of investigations or judicial proceedings.

“The constitutional doctrine of fair hearing and the presumption of innocence require that no person or institution be adjudged guilty except by a court of competent jurisdiction after due process of law,” Bamidele stated.

The Senate Leader also criticised Oshiomhole’s comments, saying that describing the NNPCL as “a bunch of criminals and thieves” suggested criminal liability before the completion of any investigation.

According to him, such statements could be interpreted by the public as the official position of the Senate and potentially undermine confidence in the objectivity of legislative oversight.

“Such statements, if left unclarified, may be misconstrued by the public as representing the official position of the Senate and may undermine confidence in the impartiality and objectivity of ongoing legislative oversight proceedings,” he said.

Following deliberations, the Senate formally dissociated itself from the remarks, declaring that they do not reflect its official position or findings.

Deputy Senate President Barau Jibrin backed the motion, noting that Senate committees are subordinate bodies that can only make recommendations and not exercise powers reserved for the full chamber.

He stated that the Public Accounts Committee had exceeded its authority.

“The committee overstepped its bounds, and he (Oshiomhole) has done the right thing by drawing attention to it,” Barau said.

Other lawmakers, including Senate Minority Leader Abba Moro, Senator Mohammed Tahir Monguno, Senator Adamu Aliero and Senator Orji Uzor Kalu, also supported the motion, urging restraint in public comments and stressing the importance of protecting the reputation of national institutions.

Aliero warned that such remarks could negatively affect investor confidence.

“The NNPC is the cash cow of this country. Such reckless statements send wrong signals to outsiders and can jeopardise foreign direct investment,” he said.

Kalu similarly urged caution, stating:

“It is not good for any committee or individual to criminalise a big company like the NNPC.”

“Our future lies in this country. We have no other country than Nigeria.”

Responding, Oshiomhole maintained that his comments were made under provocation during a Public Accounts Committee hearing.

The Edo North senator said he reacted to what he considered unfair conduct by NNPCL officials appearing before the committee over audit queries involving the company.

“I acted under provocation because distinguished senators were being attacked unjustly,” Oshiomhole said.

He added that he was defending the Senate’s integrity and had no intention of bringing the institution into disrepute.

At the end of the debate, the Senate adopted all eight prayers contained in the motion, including the cancellation of the purported arrest warrant against Kyari and a reaffirmation that only the Senate President can authorise warrants compelling attendance before Senate committees.

Meanwhile, Kyari insisted he was not evading the investigation and expressed surprise at the committee’s decision to issue a warrant.

“I refer to the news of the arrest warrant issued against me during the proceedings of your esteemed Committee today, June 10, 2026. I am deeply shocked by the issuance of the warrant,” he stated.

The former NNPCL boss explained that he had not received any fresh invitation from the committee and reiterated his willingness to cooperate fully once he returns to Nigeria.

“I wish to reiterate that I remain very willing and ready to honour the invitation of the Committee and to appear before it once I return to the country.”

Kyari also defended his tenure, stating that his administration transformed the company into a commercially viable and profitable organisation, with all transactions properly documented and available for scrutiny.

“I remain deeply grateful to my country for the opportunity afforded me to serve with utmost diligence and commitment,” he said.

The Senate Public Accounts Committee is currently investigating the financial records and transactions of the NNPCL, including issues linked to over ₦210 trillion reportedly under review.