The Governor, Central Bank of Nigeria, CBN, Mr Olayemi Cardoso, has said that the apex bank under him took the bold step of floating the Naira in the foreign exchange market in order to bring the official exchange rate closer to market reality. About three CBN Governors before Cardoso had toyed with the floatation option…
Prominent Islamic cleric, Sheikh Ahmad Gumi, recently opened up about his role in mediating with bandits and addressing the increasing insecurity in Northern Nigeria. In an interview, he shared his experiences negotiating with bandits and offered insights on how to handle the persistent issue of banditry and terrorism ravaging the region. Rising Banditry: The Root…
The Socio-Economic Rights and Accountability Project (SERAP) has urged President Bola Tinubu to suspend federal allocations to states that have not conducted credible local government elections. On October 5, local elections took place in several states, including Rivers, Benue, Akwa Ibom, and Jigawa. However, many other states have yet to hold such elections while still…
The Ministry of Foreign Affairs has said that over 500 Nigerian citizens have registered with the Nigerian mission in Lebanon for evacuation back to the country. Ambassador Eche Abu-Obe, the ministry’s spokesperson, disclosed this in Abuja on Sunday. He said approximately 2,000 Nigerian citizens reside in Lebanon, although most have not expressed willingness to return…
The Action Peoples Party (APP) has won 22 chairmanship positions out of 23 in the just-concluded local government election in Rivers State. The Chief Election Officer of the Rivers State Independent Electoral Commission (RSIEC) Justice Adolphus Enebeli declared the results on Saturday in Port Harcourt. He said the announcement is suspended in Etche Local Government…
President Bola Tinubu has declared that his main focus is not on the 2027 elections but on improving Nigeria’s economy for its citizens. His comments came during a gathering of the All Progressives Congress (APC) leaders, including notable figures such as former National Chairman Chief Bisi Akande and several governors, who voiced their support for…
In a coordinated effort, the Anti-Kidnapping Unit of the Imo State Police Command, working alongside other security agencies, successfully raided a notorious terrorist camp located in the Ezioha forest, Mbaitoli Local Government Area of Imo State. During the operation, multiple kidnap victims, including a 69-year-old traditional ruler from the Umuorji Mgbidi community in Oru West…
The Chief of Defence Staff (CDS), General Christopher Musa, has warned notorious terrorist kingpin Bello Turji that his days are numbered. Speaking during an Annual International Lecture in Abuja, General Musa emphasized that the ongoing military offensive against terrorists in the North West has caused panic among Turji and his gang. He pointed out that…
The General Overseer of the Redeemed Christian Church of God, Pastor Enoch Adeboye, has apologised for saying that Christians who don’t pay tithe might not make it to heaven. Adeboye had previously said that paying tithe was one of the prerequisites for going to heaven. But he apologised for the comment which he described as…
Suspected arsonists, in the early hours of Saturday, detonated explosives at the state secretariat of the main opposition political party in Rivers State, the All Progressives Congress (APC), in Port Harcourt. Short video clips circulating on social media showed that the incident, suspected to be from dynamites, which damaged the main gate and the security…
