The Central Bank of Nigeria has cut its Monetary Policy Rate from 26.5% to 23%, delivering a 350-basis-point reduction that marks a major shift in the country’s interest-rate environment. CBN Governor Olayemi Cardoso announced the decision on September 22, 2026, after the 307th meeting of the Monetary Policy Committee in Abuja. The previous rate of…
The Nigerian Senate has ordered the arrest of the former Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL), Mele Kyari. This is over an alleged failure to account for about ₦210 trillion flagged in audit queries covering the company’s financial records between 2017 and 2023. The order was issued by the…
The Nigerian Customs Service (NCS), Apapa Area Command, has intercepted three containers containing Cannabis Sativa and expired pharmaceutical products worth ₦12.8 billion in a major anti-smuggling operation at the Lagos port. The seizure followed an intelligence-led operation carried out in collaboration with the National Drug Law Enforcement Agency (NDLEA). According to Customs officials, officers used…
Osun State goes to the polls on Saturday, August 15, for a governorship election that has become increasingly defined by security concerns. The killing of Dele Ayegbo, nephew of APC campaign Director-General Wole Oke, in Esa-Oke has intensified fears just days before voting, with the APC alleging political involvement in the attack. Those allegations have…
The worsening relationship between Nigeria and South Africa is beginning to affect something that has historically brought the two countries closer: entertainment. South African pop star Tyla has removed Lagos from her A*POP World Tour itinerary after days of intense backlash from Nigerians over renewed xenophobic attacks against Nigerians and other African migrants in South…
The Nigeria fuel price crisis 2026 has moved into a new phase as public sector workers threaten October 2 strike to last three days, while presidential candidate Peter Obi has pledged to restore petrol subsidy if elected in 2027. The Joint National Public Service Negotiating Council (JNPSNC) has given the Federal Government until September 30…
Judy Austin has reportedly taken her long-running dispute with her former husband, Emmanuel Chukwuobasi Obasi, to court, filing a ₦1 billion defamation suit against Obasi and actress Rita Edochie. The case follows allegations made by Obasi during a June appearance on The Honest Bunch podcast, where he spoke about his former marriage to Austin and…
Afrobeats superstar Tiwa Savage has sent fans into excitement after unveiling a teaser for her upcoming collaboration with Dutch artist Jonna Fraser titled “Turn It Up.” The preview has sparked conversations online as listeners anticipate a fresh Naija-Netherlands musical connection. The short teaser, shared on Thursday, gives fans a glimpse of what appears to be…
Paul Pogba’s attempt to rebuild his career has suffered another major setback after the French midfielder and AS Monaco agreed to terminate his contract by mutual consent. The 33-year-old joined Monaco in 2025 after serving an 18-month doping suspension, hoping the move would give him the fresh start needed to return to the level that…
Leeds United are closing in on the signing of goalkeeper James Trafford from Manchester City after the England international completed his medical ahead of a club-record £40 million transfer, plus add-ons. Documents are now being exchanged between the two clubs, with the deal approaching its final stage. For Leeds, this is about more than simply…
