By Elizabeth Adegbesan The Central Bank of Nigeria, CBN, has banned closely linked financial entities from extending loans or guaranteeing the obligations of one another without the bank’s prior approval. The apex bank disclosed this, yesterday, in its Exposure Draft on ring-fencing operations of closely linked entities in the Nigerian financial system. The apex bank stated: […]

Fellow Nigerians Today, we celebrate democracy and the enduring Nigerian spirit. For 27 unbroken years, since May 29, 1999, Nigerians have chosen their leaders through the ballot, witnessed peaceful transitions of power, and resolved disagreements in courtrooms and legislative chambers—not through violence. We have experienced the longest stretch of civilian rule in our history. Our […]

The Nigerian naira traded within a relatively stable range against the United States dollar on Friday, June 12, 2026, across both the official Nigerian Foreign Exchange Market (NFEM) and the parallel market.

By Jimitota Onoyume The Independent National Electoral Commission, INEC, has fixed June 16 to June 25, 2026, for political parties to conduct primaries in the newly created constituencies in Delta State, ahead of the 2027 general elections. The constituencies are Warri South-West II, Warri North II, Aniocha North II, Ika North-East II, Sapele II and […]

…says democracy delivering results By Peter Duru, Makurdi The All Progressives Congress (APC) in Benue State has commended President Bola Tinubu and Governor Hyacinth Alia for what it described as their commitment to deepening democracy, strengthening institutions and delivering the dividends of good governance to Nigerians. In a Democracy Day statement issued on Thursday, the […]