The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has reduced the Monetary Policy Rate (MPR) by 50 basis points, bringing it from 27 per cent to 26.5 per cent following its 304th meeting. The decision signals the beginning of a cautious monetary easing cycle aimed at supporting economic growth while maintaining […]
Abuja — What began as speculation earlier in the day has now been formally confirmed. President Bola Ahmed Tinubu has accepted the resignation of Kayode Egbetokun as Inspector-General of Police. Earlier reports circulating online had suggested that Egbetokun had been removed, but there was no immediate confirmation from the Presidency or the Nigeria Police Force
Tinubu Accepts Egbetokun’s Resignation, Disu Steps In as Acting IGP Read More »
Abuja, February 20, 2026 — The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has rejected President Bola Tinubu’s recent Executive Order on oil and gas revenue remittance, describing it as a “dangerous precedent” that could undermine the Petroleum Industry Act (PIA) and weaken investor confidence in Nigeria’s energy sector. Speaking at a
PENGASSAN Rejects Tinubu’s Oil Revenue Executive Order, Warns of Investor Fallout Read More »
Travellers using Nigeria’s two busiest international airports can now enjoy free high-speed internet, following the launch of complimentary Wi-Fi services at Lagos and Abuja terminals. The initiative was unveiled by the Federal Airports Authority of Nigeria (FAAN) in collaboration with MTN Nigeria at the Murtala Muhammed International Airport and the Nnamdi Azikiwe International Airport. For
Free High-Speed Wi-Fi Goes Live at Lagos, Abuja Airports Read More »
Abuja is hosting delegates for the 2026 Technical Session of the Intergovernmental Group of Twenty-Four (G-24), bringing together senior policymakers, central bank officials, and development finance experts to deliberate on development finance, debt sustainability, and growth strategies for emerging market and developing economies. The G-24 — formally known as the Intergovernmental Group of Twenty-Four —
Abuja Hosts 2026 G-24 Technical Session on Development Finance and Debt Sustainability Read More »
Abuja Officials of the Independent Corrupt Practices and Other Related Offences Commission (ICPC) on Thursday searched the Abuja residence of former Kaduna State governor, Nasir El-Rufai, in what marks a significant escalation in the ongoing investigation involving the prominent politician. The development was confirmed by El-Rufai’s media adviser, Muyiwa Adekeye, who said ICPC officials arrived
El-Rufai Investigation Enters New Phase After Abuja Search Read More »
Abuja The Arewa Think Tank has issued a sharp warning to former Kaduna State Governor Nasir El-Rufai, cautioning him against interpreting President Bola Ahmed Tinubu’s silence amid an escalating political dispute as a sign of weakness. In a statement released on Wednesday, the group’s convener, Muhammad Alhaji Yakubu, accused El-Rufai of attempting to deflect attention
‘Do Not Test Tinubu’s Patience’ — Arewa Think Tank Tells El-Rufai Read More »
Kano, Nigeria – February 20, 2026 — The Kano State Hisbah Board has arrested 11 Muslims for reportedly eating in public during fasting hours in Ramadan. The arrests occurred across market areas, with officers also searching cafés and restaurants. Nine arrests were reportedly made on the first day of the fast. The individuals were released
Kano Hisbah Arrests 11 for Eating Publicly During Ramadan Read More »
In late 2025, an unexpected flashpoint emerged between Nigeria and the United States that at first seemed destined to spiral into diplomatic rupture. The U.S. President Donald Trump triggered alarm in Abuja and across Nigeria by publicly alleging a Christian massacre in the country and warning of possible military action unless the Nigerian government “stopped
Abuja, February 20, 2026 — Nigeria’s external reserves have climbed to $48.5 billion as of mid-February 2026, according to data from the Central Bank of Nigeria (CBN), marking the highest level since May 2013. The figure represents a significant rise from $45.5 billion recorded at the end of 2025, reflecting improved foreign exchange inflows driven
Nigeria’s External Reserves Hit $48.5bn, Highest in 13 Years as Naira Stabilises Read More »
