Cardoso – Why Naira Is Stable, More Competitive Payment System
The Governor of the Central Bank of Nigeria, Olayemi Cardoso, has explained that the country’s currency, the naira, is a stable, reliable, and more competitive payment system for trade across the West Africa region. He disclosed this in a press conference on Tuesday after the Monetary Policy Committee’s 300th meeting
Protest Hits Benue Over Killing Of Final-Year Student By Police
A protest has erupted in Makurdi, the Benue State capital, following the reported killing of Emmanuella Ahenjir, a 23-year-old final-year student of the Federal University, Wukari, by police personnel. Emmanuella was allegedly shot dead last Friday morning by unidentified police officers at the Wurukum roundabout while riding in a vehicle
Insecurity: Nigerian Navy Establishes Special Operations Command In Benue
The Nigerian Navy has announced the establishment of a Special Operations Command in Makurdi, Benue State, to complement the efforts of sister services and other security agencies to improve security in the Middle Belt region. The Chief of Policy and Plans (Navy), Rear Adm. Ibrahim Dewu, made this known during
I Will Stay In PDP And Work For Tinubu’ – Wike
The Minister of the Federal Capital Territory, FCT, Nyesom Wike, has said he won’t leave the Peoples Democratic Party, PDP, while working for President Bola Tinubu. Wike said he’s not a man that gives to fear, hence would remain with the PDP while working for Tinubu as a minister. He
Pay Your Electricity Bills Or Face Disconnection – Enugu Disco To Residents
An electricity distribution company, Mainpower, has issued a disconnection notice to its customers in the Abakpa, Awkunanaw, Nsukka, and Ogui districts of Enugu State. The company disclosed this in a statement on Saturday. The disco urged customers to pay up their outstanding electricity bills to avoid disconnection. “Customers are to
Labour Party Reps Criticize Abure’s Action
Three Labour Party members of the House of Representatives have dismissed their purported suspension from the party by the embattled factional chairman of the party, Julius Abure, describing it as “laughable.” This was contained in a statement by Reps Àfam Ogene, Leader of the LP caucus, Seyi Sowunmi, Deputy Leader,
Why We Arrested VeryDarkBlackMan – EFCC
The Economic and Financial Crimes Commission, EFCC, has claimed it exercised its mandate of tackling economic and financial crimes, when they invited Martins Innocent Otse more popular as VeryDarkBlackMan. The EFCC have said VeryDarkBlackMan “refused to show up in spite of several invitations sent to him through his known addresses
CBN Raises Over N1tn In Fresh OMO Auction
The Central Bank of Nigeria (CBN) raised a total of N1.008 trillion at its Open Market Operations (OMO) auction held on Friday, April 25, 2025. This follows an overwhelming investor demand that led to a 102 percent oversubscription. According to the apex bank data, the auction, which initially offered N500
EFCC Issues Fresh Warning — Move Cash Illegally, Forfeit It Forever
The Kano Zonal Director of the Economic and Financial Crimes Commission (EFCC), Ibrahim Shazali, has issued a stern warning to travellers, whether businessmen, pilgrims, or tourists, that violators of Nigeria’s cash movement laws risk forfeiture of funds and a minimum of two years imprisonment. Shazali delivered the warning during a
Trump Announces: US Tariffs On China Will Come Down Substantially
President Donald Trump of the United States has said that high tariffs on goods from China will come down substantially. He said the tariffs would crash but won’t go down to 0%. The President stated this during a White House news conference on Tuesday. Trump stated this in response to