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June 12: South-West’s democratic journey, gains and challenges

June 12: South-West’s democratic journey, gains and challenges

As Nigeria marks another Democracy Day on June 12, thirty-three years after the election, attention once again turns to the South West geopolitical zone, the region that became the epicentre of one of the most defining struggles in the country’s democratic history.

Rivers Govt to shut down unapproved private schools

Rivers Govt to shut down unapproved private schools

By Davies Iheamnachor PORT HARCOURT — The Rivers State Government has announced plans to commence a statewide enforcement exercise to shut down unapproved private schools operating in the state. The Ministry of Education disclosed this in a public notice issued on Wednesday, stating that the exercise would begin on Monday, June 15, 2026. According to […]

FCMB appoints Bismarck Rewane as Non-Executive Director, Board of Directors Chairman

FCMB appoints Bismarck Rewane as Non-Executive Director, Board of Directors Chairman

First City Monument Bank (FCMB) Limited has appointed Mr. Bismarck Rewane as a Non-Executive Director and Chairman of its Board of Directors, following approval from the Central Bank of Nigeria. Mr. Rewane is a respected economist and experienced leader in Nigeria’s financial sector, with more than 40 years of experience in macroeconomic research, investment banking, […]

June 12: Fubara reaffirms commitment to democracy, national unity

June 12: Fubara reaffirms commitment to democracy, national unity

By Daniel Abia PORT HARCOURT — Rivers State Governor, Siminalayi Fubara, has reaffirmed that democracy remains the most suitable system of government for Nigeria, given the country’s rich ethnic, religious and cultural diversity. In a goodwill message to Nigerians on the occasion of the 2026 Democracy Day celebration, Governor Fubara said June 12 represents far […]

CBN’s new FX manual may raise Dollar liquidity, enhance market confidence

CBN’s new FX manual may raise Dollar liquidity, enhance market confidence

By Emeka Anaeto, Business Editor The implementation of the fourth edition of the Foreign Exchange Manual by the Central Bank of Nigeria (CBN) recently launched in Abuja and will be taking off on June 1. The new manual is expected to deepen FX transparency, improve liquidity and strengthen market confidence and liquidity. The new policy […]

Senate dissociates itself from warrant of arrest issued against Mele Kyari

Senate dissociates itself from warrant of arrest issued against Mele Kyari

By Henry Umoru ABUJA — The Senate has distanced itself from the warrant of arrest reportedly issued against former Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company Limited (NNPCL), Mallam Mele Kyari, by its Committee on Public Accounts. The upper legislative chamber declared that no Senate committee has the authority to independently […]