The Naira showed resilience against the US Dollar in early trading on Thursday, December 4, 2025, maintaining a narrow gap between the official and parallel markets as the country enters the final month of the year.
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By Babajide Komolafe, Economy Editor The Central Bank of Nigeria, CBN, yesterday removed the limit on cash deposit and raised the weekly cash withdrawal limits across all channels to N500,000 from N100,000. The apex bank disclosed this in a circular to all banks titled, “Revised Cash-Related Policies”, signed by Dr. Rita Sike, Director, Financial Policy & […]

The Force Headquarters has intensified its clampdown on illegal VIP protection duties, issuing a fresh directive warning police officers against escorting Very Important Persons (VIPs) in mufti or uniform without authorization.

By Innocent Anaba LAGOS —  JUSTICE Ambrose Lewis-Allagoa of a Federal High Court, Lagos, yesterday, adjourned till December 8, 2025, for ruling on the dispute over who is legally authorised to represent General Hydrocarbons Limited in a suit by the company against the Asset Management Corporation of Nigeria, AMCON, and others. At the resumed hearing, […]

GOVERNOR Dapo Abiodun of Ogun State, yesterday, presented the 2026 Appropriation Bill of N1,668,997,993,125.44 trillion before the House of Assembly, with N624.76bn proposed as recurrent expenditure and N1.044tn allocated to capital expenditure.

THE Lagos State government, yesterday, issued a 7-day ultimatum to estate developments operating in the state without approved layout plans to regularise their documents or face sanctions.

CHAIRMAN of the Board of the Nigerian Ports Authority, NPA, Senator Adedayo Adeyeye, yesterday,  alleged that the insecurity ravaging the country is being orchestrated by some opposition members who want to destroy the Tinubu administration.

Former U.S.-based police officer and public policy analyst, Monday Alade, warned yesterday that Nigeria has reached a defining security crossroads and must urgently embrace structural reforms, beginning with the creation of state police, if it is to respond credibly to rising global concern over insecurity across the country.

The ongoing Will suit challenging the claim to the estate of late billionaire businessman, Jacques Roomans, by his son, Mr. Simon Roomans, before Justice Adedayo Oyebanji, of a Lagos High Court, got to a climax, when Simon, the first claimant in the case, gave his own testimony.

Governor Mohammed Umaru Bago of Niger State has reassured parents and the public that the students and staff abducted from St. Mary’s Catholic School, Papiri, in Agwara Local Government Area nearly two weeks ago will be released unharmed.

Angry contractors, under the aegis of All Indigenous Contractors Association of Nigeria, AICAN, have demanded payment of N760 billion of the total of N4 trillion they were being owed by the federal government.

A prominent real estate mogul Comr Stanley Otoma has extended his congratulations to the Immediate past Governor of Delta State Senator Ifeanyi Okowa on his appointment as the South-South Renewed Hope Initiative Coordinator by President Bola Tinubu. In a congratulatory message, Otoma praised Okowa’s impressive track record, citing his exceptional performance as Governor of Delta […]

The federal government has received a funding offer from Deutsche Bank to replace Carter Bridge and rehabilitate of 3rd Mainland Bridge in Lagos.

The Federal Government has charged governors to ensure their economic reforms translated into clear, measurable improvements in the lives of Nigerians.

The Non-Indigenes in Lagos Consultative Forum has called on the Presidency to exercise caution in the reported consideration of social commentator, Mr. Reno Omokri, for an ambassadorial position, citing the need for careful evaluation of all nominees for sensitive diplomatic roles.