Nigeria news: Terrorist financier sanctions, naira falls, building collapse

Nigeria's headlines on June 25, 2026 highlight security, economic, and governance challenges. The U.S. sanctioned a Nigerian financier of ISIS and his three Bureaux De Change in Lagos and Kano, ordering Nigerian banks to freeze related assets. The naira slipped to ₦1,385/$ in the parallel market and ₦1,389/$ in the official NFEM, reflecting continued foreign‑exchange pressure. Prominent lawyer Professor Mike Ozekhome was stripped of his Senior Advocate of Nigeria rank by the Legal Practitioners’ Privileges Committee. In Rivers State, a five‑storey building under construction collapsed on Odili Road, Port Harcourt, killing one and trapping several, including the site engineer and a food vendor; rescue efforts continued into the night. NDLEA dismantled an industrial meth lab in Tapa Village, Ibarapa North LGA, Oyo State, arresting a Mexican national and four Nigerians. In Sokoto, bandits killed Imam Liman Audu and three others in Kuda‑Kuda village, while a High Court sentenced three men—including a Nigerien—to death for terrorism and arms trafficking. Imo police identified six officers seen assaulting a man in Ikeduru LGA and opened disciplinary proceedings. Senate President Godswill Akpabio swore in four new senators from Enugu North, Rivers South‑East, Ondo South and Nasarawa North. Meanwhile, FCT Minister Nyesom Wike urged PDP members to prepare for a tough 2027 election battle. These developments affect security, livelihoods and political stability, urging citizens to monitor exchange rates, avoid unsafe sites, and participate in democratic processes.

SOURCE: https://dailypost.ng/2026/06/25/nigerian-newspapers-10-things-you-need-to-know-thursday-morning-132/