On Friday, the naira extended its gains against the US dollar, sustaining a rise in the official foreign currency market. According to the Central Bank of Nigeria’s official foreign exchange market data, the Naira strengthened more on Friday, rising to N1,366.23 per dollar from N1,371.51. This indicates that on a daily basis, the local currency, … Read more
On Friday, the Central Bank of Nigeria (CBN) announced sweeping new measures for fast payment operations, including a limitation that limits mobile banking applications to a single device per customer. The mandate was contained in a circular issued by the central bank’s Payments System Policy Department, signed by Director Musa Jimoh, and addressed to banks … Read more
The Federation Account Allocation Committee (FAAC) has allocated N1.894 trillion from the February 2026 Federation Account earnings to the federal government, state governments, and local government councils. This was announced in a communiqué issued on Friday and signed by Bawa Mokwa, spokeswoman for the Office of the Accountant-General of the Federation. According to the announcement, … Read more
The African Democratic Congress (ADC) has issued the official program of activities for the 2026 nationwide congresses and national convention. According to a statement made by the party, the exercise is part of its constitutional mandate to update leadership structures at all levels of the organisation. According to the party, the process will begin at … Read more
Ardo Zubariu and Chinsom Nwakanma, chieftains of the All Progressives Congress, stated that Igbos in the nation’s capital contributed significantly to the ruling party’s victory in the February 21 Federal Capital Territory Council election. Zubariu and Nwakanma, APC chieftains, signed a joint statement on Saturday. According to them, the APC would not have won five … Read more
Igbo traditional priestesses paid a visit to Nnamdi Kanu, the leader of the Indigenous Peoples of Biafra (IPOB), at Sokoto Prison. The priestesses, who are members of the Titled Spiritual Mothers of Igboland, were led on the tour on Wednesday by Chief Mrs Oliaku Chika Ibeneme, also known as Nne Mmanwu Igbo Niine (Mother of … Read more
The Peoples Democratic Party’s Board of Trustees, or BoT, is in the second day of an emergency meeting called to discuss the party’s future following Monday’s Court of Appeal decision. The verdict has consequences for the party’s leadership structure and convention dates. Under the supervision of BoT Chairman Adolphus Wabara, members convened a high-level conference … Read more
The Peoples Democratic Party (PDP) has urged its members to set personal interests aside and strive for the party’s overall benefit. The party’s Board of Trustees (BoT) released a communique following its Expanded Emergency Meeting on Wednesday. The BoT thanked Nigerians’ support, loyalty, and solidarity with the PDP, as indicated by the ongoing nationwide e-registration … Read more
The Peoples Democratic Party’s Board of Trustees, or BoT, has selected former Niger State Governor Dr Mu’azu Babangida Aliyu as its Secretary. The appointment was overwhelmingly confirmed at the BoT’s expanded emergency meeting in Asokoro, Abuja, following discussions on major problems impacting the party’s leadership and internal structure. The conference, held on Tuesday and Wednesday, … Read more
The Senate has confirmed Taiwo Oyedele’s nomination as a minister-designate in President Bola Tinubu’s administration. Senate President Godswill Akpabio announced the confirmation after the nominee was approved by a voice vote in the Committee of the Whole. Oyedele is anticipated to succeed Mrs Doris Uzoka-Anite as Minister of State for Finance. A few days following … Read more