Cardoso Unveils Strategic Priorities for 2026, Rules Out Deficit Financing
The Central Bank of Nigeria (CBN) has unveiled its policy direction for 2026, with Governor Olayemi Cardoso declaring that the incoming year will focus on restoring banking stability, modernising the…
Tinubu Approves National Tax Policy Implementation Committee to Drive Fiscal Reforms
President Bola Ahmed Tinubu has approved the establishment of the National Tax Policy Implementation Committee (NTPIC) to ensure the full execution of his administration’s landmark tax reforms aimed at strengthening…
Russia Threatens Full Ban on WhatsApp Over Crime and Security Allegations
Russia announced on Friday that it is considering a complete ban on WhatsApp, accusing the Meta-owned messaging service of failing to curb criminal activity on its platform. The move comes…
CBN Orders Banks to Withdraw All Non-Compliant Adverts, Tightens Marketing Rules
The Central Bank of Nigeria (CBN) has directed all banks, payment service banks, and other regulated financial institutions to immediately withdraw any advertisement or promotional material that violates consumer-protection and…
Nigeria’s Soaring Inflation Deepens Poverty, World Bank Warns
The World Bank Country Director for Nigeria, Mathew Verghis, has warned that Nigeria’s stubbornly high inflation is eroding household incomes and driving more Nigerians into poverty. He described inflation as…
Lagos Residents Cry Out as Fresh Demolitions Hit Oworonshoki, Lekki
Widespread anger has trailed a new round of Lagos demolitions after the state government pulled down more buildings across Oworonshoki, Lekki, and parts of Lagos Island. Residents, civil society groups,…
Nuhu Ribadu Leads US-Nigeria Joint Working Group as Tinubu Approves Members
President Bola Tinubu has approved the Nigerian delegation for the US-Nigeria Joint Working Group, with National Security Adviser Nuhu Ribadu appointed to lead the team. The group aims to deepen…
Kogi Govt Launches Offensive as Bandits Relocate to State
Kogi State authorities have launched an offensive after reports that major bandit commanders relocated to the state, aiming to intensify attacks. Governor Usman Ahmed Ododo made the announcement following an…
UK Tightens Immigration Rules, Introduces Temporary Refugee Status
The UK government has unveiled a major overhaul of its immigration system, introducing stricter rules for settlement and temporary status for refugees. The reforms, expected to take effect in spring…
AfDB Approves $500M Loan to Boost Nigeria’s Economic Reforms and Energy Transition
The African Development Bank Group (AfDB) has approved a $500 million loan to Nigeria to fund the second phase of its Economic Governance and Energy Transition Support Programme. The initiative…