The naira on Wednesday rebounded in the official foreign exchange market, reversing the previous day’s losses even as Nigeria’s external reserves declined by $1.08 billion amid slowing inflows linked to Middle East tensions. Data from the Central Bank of Nigeria (CBN) showed the naira appreciated by N14.84 to close at N1,371.82 per dollar, a gain read more Naira…
…raises doubts about credibility despite increased INEC funding The federal government’s decision to set aside N135.22bn in the 2026 budget for post-election litigation has triggered sharp reactions from political stakeholders and analysts, who warn that the provision not only places an additional burden on public finances but also reflects a lingering lack of confidence in read more Experts…
Dozens of protesters stormed the National Assembly on Wednesday, as lawmakers ramped up discussions on crude oil theft and pipeline protection in Nigeria’s oil-rich Niger Delta. Operating under the Coalition of Civil Society for Economic Protection, the demonstrators marched to the legislative complex, chanting solidarity songs and holding placards with messages such as “Oil Thieves read more Protesters…
Pipeline vandals in the Niger Delta have upgraded their operations, deploying surveillance cameras and advanced weaponry to evade security agencies. Warrendi Enisuoh, Tantita Security Service executive director of operations and technical services, disclosed these developments on Wednesday. Speaking at a parliamentary roundtable on pipeline security organised by the joint House and Senate committees on petroleum, read more Vandals…
Wema Bank Plc audited full year (FY) 2025 results show 116 percent growth in Profit Before Tax (PBT) to N221.85billion as against the N102.51billion recorded in FY 2024. Wema Bank has met regulatory requirements for Commercial Bank with National Authorisation. The bank will pay dividend per share of N1.25 for the year ended December 31, read more Wema…
The Dangote Refinery, Africa’s biggest, received 10 Nigerian crude cargoes in March, double from what it received in February, as Africa’s most populous nation aims to secure enough fuel supply amid the global crude and refined product crunch as a result of the war in the Middle East. Dangote started exporting fuel to regions other read more Dangote…
Dikko Umaru Radda, Governor of Katsina State, has inaugurated the governing board of Amana Microfinance Bank as part of efforts to expand and streamline the operations of the state-owned financial institution. The inauguration, held at the Government House in Katsina on Tuesday, aligns with the policy direction of the Central Bank of Nigeria (CBN) for read more Radda…
The Federal High Court in Abuja on Tuesday sentenced a group of suspected terrorists to varying jail terms, including 20 years imprisonment on each count and life imprisonment for one of the convicts. Several defendants were handed 20-year sentences on each count, to run concurrently, while a key suspect received life imprisonment in addition to read more Court…
…book explores the future of journalism in the digital age Ediri Oyibo, Editor of TheNewsGuru (TNG), is set to unveil a new book titled Journalism NeXt: A Comprehensive Guide to Modern Journalism at a landmark event in Abuja aimed at advancing discourse on the future of media practice. According to a statement issued on Thursday read more Ediri…
Governor Abdullahi Sule of Nasarawa State has unveiled the 2026 Nasarawa Investment Summit, announcing plans for a “Lafia Declaration” aimed at institutionalising reforms and providing a clear development pathway for the state capital, which he noted lacks a comprehensive master plan. Speaking at the Conference Hall of the Abdullahi Sule Investment Centre along Muhammadu Buhari read more Gov….
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