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Attacks on opposition turning democracy into authoritarian project — CHRICED

By Luminous Jannamike ABUJA — The Resource Centre for Human Rights and Civic Education, CHRICED, on Tuesday warned that attacks on opposition political parties were pushing Nigeria’s democracy towards ‘an authoritarian project wearing democratic clothing,’ as it accused the Federal Government of fiscal recklessness, weakening democratic institutions and eroding public accountability. The group said the […]

CSO commends Tinubu, Ribadu, over rescue of abducted Oyo schoolchildren

The Citizens’ Safety & Security Network (CSSN) has praised President Bola Ahmed Tinubu, National Security Adviser Mallam Nuhu Ribadu and Nigeria’s security agencies for the successful rescue of schoolchildren and teachers abducted from Orire Local Government Area of Oyo State. In a statement signed by its Convener, Arc. Timothy Danladi Usman, the group described the […]

Youth Parliament seeks constitutional backing for youth representation in public offices

By Emmanuel Elebeke The Nigerian Youth Parliament (NYP) has called for constitutional reforms to institutionalise youth inclusion in governance through the creation of constitutionally recognised public offices reserved for young Nigerians. The call was made by the Speaker of the Nigerian Youth Parliament, Rt. Hon. Aliyu Zakari Idris, during the 2026 International Day of Parliamentarism […]

Nigeria’s export under threat over US 12.5% tariff, SEREC warns

By Providence Ayanfeoluwa The Sea Empowerment & Research Center, SEREC, has warned that the United States’ decision to impose a 12.5 per cent tariff on Nigerian exports could undermine the country’s non-oil export drive, weaken foreign exchange earnings and further expose the fragility of the nation’s economy if urgent countermeasures are not adopted. In a policy […]

Globus Bank Receives Inaugural Fitch Ratings

LAGOS, NIGERIA — Globus Bank Limited, a national commercial bank in Nigeria, has been assigned its inaugural credit ratings by Fitch Ratings, one of the world’s foremost global credit rating agencies. The Bank has been assigned a Long-Term Issuer Default Rating (IDR) of ‘B-‘ with a Stable Outlook, a Viability Rating (VR) of ‘b-‘, and […]

FG’s crude export earnings dip 14% to $31.54bn in 2025 — CBN

By Ediri Ejoh The Federal Government’s (FG) crude oil export earnings fell 14.41 percent to $31.54 billion in 2025 from $36.85 billion recorded in the corresponding period of 2024. The drop was attributed to lower international crude oil prices arising from a global supply glut in the review period. The Central Bank of Nigeria, CBN, made […]

Dollar to Naira exchange rate today, July 30, 2026

The United States Dollar traded against the Nigerian Naira at an official rate of approximately 1,358.63 Naira per dollar in the Nigerian Foreign Exchange Market on Thursday, July 30, 2026.

Bank customers’ complaints rise 11% as CBN orders N19bn refunds

•Slams N1.69bn penalties on banks’ breaches By Babajide Komolafe Bank customers lodged 23,129 complaints against financial institutions in 2025, representing 11 per cent increase over the previous year, prompting the Central Bank of Nigeria, CBN, to order refunds totaling N19.12 billion and $329.3 million to affected consumers. The apex bank also imposed N1.69 billion in penalties […]

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