Nigeria’s economy recorded mixed developments on Tuesday as the naira traded at around ₦1,382/$ at the official foreign exchange window while strengthening slightly to about ₦1,412/$ on the parallel market. The movement came amid continued volatility in the foreign exchange market and major policy shifts in the energy sector. In a move aimed at boosting…
Questions continue to surround the death of Mary Habila, a physiotherapist attached to the Federal Ministry of Works, who died on June 27 at the country residence of the Minister of Works, David Umahi, in Uburu, Ebonyi State. The incident has sparked public debate and renewed calls for a transparent investigation. In an official statement,…
At least 16 people have been killed following fresh attacks by suspected armed herdsmen on communities in Otukpo Local Government Area of Benue State, triggering widespread protests and renewed calls for stronger security measures. According to local reports, the attackers first struck Akpachi village late on Saturday before launching another assault on Otukpo-Nobi in the…
Former Borno State Governor Ali Modu Sheriff has stirred widespread debate after defending President Bola Tinubu’s performance in office, pointing to the President’s high-profile international engagements as evidence of growing global recognition. Speaking during an interview on Channels Television’s Politics Today, Sheriff argued that Tinubu has strengthened Nigeria’s diplomatic standing by securing official invitations from…
The Federal Government has unveiled fresh economic measures aimed at stabilising Nigeria’s financial system and easing the cost of imports, with the Central Bank of Nigeria (CBN) set to aggressively withdraw excess market liquidity while the Nigeria Customs Service confirms lower import tariffs on vehicles. The CBN plans to raise between ₦1.35 trillion and ₦2…
Fear has gripped travelers in Kogi State after suspected bandits abducted all passengers aboard a commercial bus along the Kabba-Okene highway, one of the state’s busiest transport routes. The attack, which occurred on Wednesday 18th, has renewed concerns about worsening insecurity on roads linking Nigeria’s North Central and South-West regions. According to reports, the victims…
Nigeria’s financial sector is entering a new phase as the Central Bank of Nigeria (CBN) moves to strengthen control over the country’s digital payment ecosystem, while the nation’s foreign exchange position continues to improve. The apex bank has directed banks, fintech companies, mobile money operators, and other payment service providers to store all payment transaction…
Nigeria has officially launched FreeTV, a new digital broadcasting platform that offers viewers access to more than 100 television channels without monthly subscription fees, marking a major milestone in the country’s long-delayed transition from analogue to digital television. The platform went live nationwide on June 17 as part of the Federal Government’s Digital Switch-Over (DSO)…
By Oluwatimilehin Fajemisin Fresh debate has emerged over the future of Nigeria’s electoral system following a proposal by Senate Leader Opeyemi Bamidele to introduce a single six-year tenure for presidents and state governors after the 2027 general elections. The proposal, which would require constitutional amendments, is expected to be considered by the 11th Senate as…
