Defence Minister Explains Challenges of Rescue Operations
Defence Minister Christopher Musa has attributed the difficulty of rescuing victims of terrorist attacks to the vast and difficult terrain where armed groups operate, saying security forces are conducting rescue operations regularly. Musa, who spoke on Channels Television’s Politics Today on Thursday, said terrorists often move abducted victims deep into forests before security agencies receive […]
INEC Begins Distribution of Sensitive Materials for Osun Election
The Independent National Electoral Commission has commenced the distribution of sensitive electoral materials to the 30 local government areas of Osun State ahead of Saturday’s governorship election. INEC National Commissioner supervising the Osun election, Kunle Ajayi, disclosed this on Friday, saying the distribution was being carried out from the Central Bank of Nigeria office in […]
INEC Secures Osun Election Materials as 25,310 Security Personnel Deploy
Sensitive election materials have arrived in Osun State ahead of Saturday’s governorship election, with the Independent National Electoral Commission (INEC) preparing to deploy ad hoc personnel from a pool of more than 30,000 National Youth Service Corps (NYSC) members. INEC Chief Press Secretary, Adedayo Oketola, disclosed this on Monday, saying the commission had already received […]
Moghalu Celebrates Soyinka at 92, Seeks Greater National Honour
Former Deputy Governor of the Central Bank of Nigeria and former presidential candidate, Kingsley Moghalu, has described Nobel Laureate Prof. Wole Soyinka as a national treasure deserving of greater recognition from Nigeria. In a statement issued on Tuesday to mark Soyinka’s 92nd birthday, Moghalu praised the playwright, poet and public intellectual for his enduring contributions […]
BREAKING….. CBN Revokes Licences of 46 Microfinance Banks
The Central Bank of Nigeria has revoked the operating licences of 46 microfinance banks across the country over their failure to comply with regulatory requirements. The decision, which takes immediate effect, was announced on Wednesday in a statement signed by the CBN’s Acting Director of Corporate Communications, Hakama Sidi-Ali. According to the apex bank, the […]
Gunmen Kidnap Adelabu’s Sister, Twin Sons in Ibadan
Gunmen have abducted the younger sister of former Minister of Power, Adebayo Adelabu, along with her two children in Ibadan, Oyo State. The victims were identified as Mrs. Olaide Busayo Adegoke John-Paul and her 12-year-old twin sons, Peter and Paul. The abduction was confirmed on Wednesday in a statement issued by Adelabu’s media aide, Comrade […]
Sanusi Questions FG Borrowing Despite Subsidy Removal
The Emir of Kano, Muhammadu Sanusi II, has raised concerns over Nigeria’s rising debt profile, questioning why the Federal Government continues to borrow heavily despite the removal of petrol subsidy. Speaking in an interview with News Central TV, the former Governor of the Central Bank of Nigeria said while key reforms such as subsidy removal […]
CPPE Says Naira Stable Between N1,340–N1,430 in Q1
The Centre for the Promotion of Private Enterprises (CPPE) says the naira traded between N1,340 and N1,430 to the dollar in the official market during the first quarter of 2026, reflecting improved exchange-rate stability. CPPE Chief Executive Officer Muda Yusuf disclosed this in a weekend statement reviewing Nigeria’s economic performance in the first quarter and […]
EFCC Seeks Stronger CBN, Immigration Partnership in Ilorin
The Ilorin Zonal Director of the Economic and Financial Crimes Commission, Victoria Ugo-Ali, has called for stronger collaboration with key government agencies to combat the dollarisation of Nigeria’s economy and illegal mining activities. Ugo-Ali made the appeal on Tuesday during separate courtesy visits to the Ilorin branch of the Central Bank of Nigeria and the […]
EFCC Witness Says Bello Not Linked to Transactions
A prosecution witness in the alleged money laundering trial of former Yahaya Bello told the court on Tuesday that the transactions under investigation were within limits set by the Central Bank of Nigeria. The witness, Olomotane Egoro, a compliance officer with Access Bank Plc, made the statement during cross-examination by defence counsel Paul Daudu, SAN, […]
