Top national developments, security updates, and economic shifts shaping Nigeria this Thursday morning.
From major anti-graft actions and fuel price cuts to key security breakthroughs and international sports victories, here is a detailed breakdown of the main stories across Nigeria today.
1. EFCC Clarifies Decision to Freeze Osun State Bank Account Over N11bn Inquiry
The Economic and Financial Crimes Commission (EFCC) has publicly clarified its decision to place a “Post No Debit” restriction on the Osun State Government’s bank account with First Bank.
According to EFCC spokesperson Dele Oyewale, the restriction was implemented following an ongoing investigation into the alleged mismanagement of N11 billion involving ecology funds, federal intervention funds, and allocations from the Federal Account Allocation Committee (FAAC).
2. 176 Abducted Kwara Residents Regain Freedom After Six Months
In a significant security development, 176 residents who were abducted during a terrorist raid on the Woro and Nuku communities in Kaiama Local Government Area of Kwara State on February 3 have been released.
Their freedom brings an end to nearly six months of captivity, providing relief to their families and local communities.
3. Naira Records Marginal Depreciation in Foreign Exchange Markets
The Nigerian Naira experienced a slight decline in value on Wednesday.
In the parallel market, the local currency fell to N1,410 per dollar, down from N1,406 recorded on Tuesday.
A similar trend was observed in the official Nigerian Foreign Exchange Market (NFEM), where the Naira adjusted to N1,368.5 per dollar.
4. Dangote Refinery Announces Reduction in Petrol and Diesel Prices
The Dangote Petroleum Refinery has reduced its ex-depot prices for Premium Motor Spirit (PMS) and Automotive Gas Oil (AGO) to help ease energy costs for consumers.
Under the revised pricing structure, petrol has been reduced by N50 per litre, moving from N1,215 to N1,165.
Diesel prices have also dropped by N80 per litre, moving from N1,650 to N1,570.
5. Military Declares Top ISWAP Commanders Wanted
The Nigerian Army has declared two high-ranking figures of the Islamic State West Africa Province (ISWAP) wanted.
The individuals—identified as Abu Musa Al-Mangawi Baa Shuwa (Wali) and his deputy, Amirul Jaish Muhammad Jidda—were uncovered using technical intelligence recovered during recent counter-insurgency operations in the Lake Chad region.
6. Contested Agency Official Demands Public Hearing Before Lawmakers
Adeniyi Adeyemi, who claims the role of Director-General of the Presidential Foreign Investment Promotion Council, has rejected a proposal by a House of Representatives ad hoc committee to interrogate him at a private location while in police custody.
Adeyemi insisted that any parliamentary proceedings or questioning regarding his role must be conducted publicly.
7. Police Investigate Tragic Incident at Anambra Native Doctor’s Residence
Tragedy struck Umuoduba Village in Ideani, Idemili North Local Government Area of Anambra State, where three children were found dead at the residence of a female native doctor, popularly known as “Ezenwanyi.”
A fourth child discovered unconscious at the scene was rescued and immediately transported to a medical facility, where they remain under critical care as police investigations continue.
8. Abia State Police Command Arrests 13 Suspects, Recovers Firearms
The Abia State Police Command confirmed the arrest of 13 male suspects aged between 20 and 27 in connection with armed robbery, public property vandalism, and unlawful possession of weapons.
Police Public Relations Officer Maureen Chinaka disclosed that officers recovered multiple firearms, including a Beretta pistol, a pump-action gun, locally made firearms, and live ammunition during the operation.
9. Federal Government Reaffirms Commitment to Multi-Party Democracy
The Secretary to the Government of the Federation, Senator George Akume, has assured citizens that the current administration remains dedicated to political pluralism and democratic governance.
Speaking on state policy, Akume clarified that the government is not pushing for a one-party system and emphasized ongoing consultations with the Catholic Bishops’ Conference of Nigeria and other faith-based organizations to address national priorities.
10. Super Falcons Defeat Egypt 6-2 to Reach WAFCON Quarter-Finals
Nigeria’s Super Falcons secured their spot in the quarter-finals of the 2026 Women’s Africa Cup of Nations (WAFCON) with an emphatic 6-2 victory over Egypt in their final Group C match.
The result allowed Nigeria to advance alongside Zambia on goal difference following a three-way points tie in the group.
The team will face Cameroon in the knockout round.
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