The Central Bank of Nigeria has revised several rules governing banks’ access to its liquidity facilities, foreign exchange transactions and Open Market Operations, introducing greater flexibility for financial institutions and investors.
African Democratic Congress chieftain Dele Momodu has described the August 15 Osun State governorship election as a contest that goes beyond the incumbent governor, Ademola Adeleke, and the All Progressives Congress, saying the real political battle is between Adeleke and the influence of President Bola Ahmed Tinubu.
The Economic and Financial Crimes Commission has told the Senate that more than N115 billion in statutory obligations owed to the Niger Delta Development Commission by oil companies was recovered following investigations conducted between 2021 and 2023.
The Senate Public Accounts Committee has issued a 48-hour deadline to four oil companies, including Seplat Energy, directing them to appear before the panel and respond to outstanding queries arising from the Nigeria Extractive Industries Transparency Initiative’s audit reports.
The Nigeria Data Protection Commission (NDPC) has opened a forensic investigation into the University of Lagos (UNILAG), Lotus Bank and Hackerbella Ltd following allegations that students’ personal information was used to create bank accounts without proper legal authorisation.
Russian President Vladimir Putin has warned that Moscow could seize European-owned vessels in retaliation for European countries taking control of cargo from ships linked to Russia’s so-called “shadow fleet”.
Management of Ignatius Ajuru University of Education in Rivers State has suspended all remaining activities of its Students’ Union Government Week after a 100-level student was reportedly shot on campus by suspected cultists.
The Nigeria Police Force has prohibited Amotekun, vigilante groups, hunters’ associations, the Joint Civilian Task Force (CJTF), neighbourhood watch organisations and other non-state security outfits from taking part in security operations during Saturday’s Osun State governorship election.
Millions of Nigerians are continuing to struggle with rising living costs as the country moves closer to the 2027 general elections, with households facing higher prices for food, housing, electricity and transportation despite government assurances that economic reforms will eventually deliver broader benefits.
The Nigerian Air Force (NAF) says nine fighters of the Islamic State West Africa Province (ISWAP), including a senior commander, have been killed in a precision airstrike conducted in the Sambisa Forest area of Borno State.
Concern has spread across Anambra State following reports that billionaire businessman Sir Joseph Ezeokafor, founder of Jezco Oil and Jezco Group and father of popular social media personality Jowizaza, has allegedly been abducted by unidentified gunmen.
While supporters believe state police could strengthen local security and improve response to crime, opponents and stakeholders are urging caution, warning that a rushed process could create new challenges and weaken public trust in the reform.
The implementation of the recently approved salary enhancement package for university lecturers has begun across several federal institutions, but uncertainty continues to surround dozens of state-owned universities where the agreement remains largely unimplemented.
In a statement issued by its Publicity Secretary, Chizy Enyi, the ADC argued that Wike’s repeated attacks on political opponents appeared inconsistent with his claim that they posed no serious electoral challenge.
Collins claimed Adeyemi introduced himself as the head of both the Presidential Economic Advisory Council (PEAC) and the Presidential Foreign Investment Promotion Council (PFIPC).