Why we still pay homage to Nwobodo 43 years after — Anambra indigenes in Enugu
The Anambra State Indigenes Living in Enugu have explained why they continue to hold former Governor of the old Anambra State, Senator Jim Nwobodo, in high esteem more than four decades after his administration, attributing it to what they described as his pragmatic, inclusive and non-discriminatory style of governance.
Kano Assembly Speaker, 21 other members dump NNPP
By Bashir Bello KANO — The Speaker, Kano State House of Assembly and 21 other members have resigned their membership from the New Nigeria People’s Party, NNPP in Kano State. The Speaker’s spokesperson, Kamaluddeen Sani Shawai confirmed this in a statement containing long list of the names of the lawmakers who had announced their defection […]
Nigeria’s money supply grows to N124.4trn
Currency in circulation hits N5.4trn lCredit to govt rises 29% By Elizabeth Adegbesan Nigeria’s Money Supply (M²) grew by 1.2 percent month-on-month (MoM) to N124.4 trillion in December 2025, from N122.9 trillion the previous month. This is contained in Central Bank of Nigeria, CBN, Money and Credit Statistics released over the weekend. The data indicated that […]
AMCON cash recoveries rise 28% to N66.1bn — CBN
By Babajide Komolafe The Asset Management Corporation of Nigeria, AMCON, recorded a 27.87 per cent increase in cash recoveries to N66.12 billion in the first half of 2025, H1’25 from N51.71 billion at end-December 2024. The Central Bank of Nigeria, CBN disclosed this in its Financial Stability Report for H1’25 noting that the stronger recovery performance […]
Nigeria records 14% rise in exports to Africa
…As fuel tops export list By Emma Ujah, with agency reports Nigeria’s exports to Africa reached N4.82 trillion in the first half of 2025, up 14% year-on-year compared to N4.21 trillion in the first half of 2024. West Africa absorbed over 62% of Nigeria’s continental exports. Bashir Adewale Adeniyi, Comptroller General of the Nigeria Customs Service, […]
FG eyes N3trn savings as 14m farmers join cassava value chain
By Progress Godfrey The Federal Government has initiated measures to empower 14 million smallholder farmers as key drivers of the Cassava Bio-ethanol Value Chain Development Project, aiming to reduce fuel import costs and strengthen Nigeria’s bio-economy. This was disclosed by the Minister of Budget and Economic Planning, Senator Abubakar Atiku Bagudu, in a statement signed by […]
Sokoto senator dumps ADC, returns to PDP
A leading All Democratic Congress (ADC) coalition stalwart in Sokoto state, Sen. Abubakar Gada, has returned to the Peoples Democratic Party (PDP).
CBN sets new ATM deployment policy
…Reduces resolution time of failed transactions By Emma Ujah, Abuja Bureau Chief The Central Bank of Nigeria (CBN) has established New Minimum Standards for ATM Deployment, Operations, Maintenance, and Security. The apex bank said the new ratio contained in its circular titled, “Exposure of the Draft Guidelines on the Operations of Automated Teller Machines (ATMs) in […]
Tax laws: NEFGAD writes Tinubu, NASS, demands sanctions over alleged alterations
The Network for the Actualisation of Social Growth and Viable Development (NEFGAD), a civic advocacy group in Nigeria, has written to President Bola Ahmed Tinubu and the National Assembly, calling for an immediate and independent investigation into alleged alterations to Nigeria’s newly gazetted tax laws. In a letter signed by the organisation’s acting head of […]
Stock market turns bearish on selloffs amid cautious sentiment
By Peter Egwuatu The Nigerian stock market closed Week on Week, WoW, last week in a negative territory as broad-based profit taking intensified across key sectors, outweighing buying interest and reversing the bullish trend of the previous weeks. Specifically, the Nigerian Exchange Limited, NGX, All Share Index, ASI, which represents the barometer of the stock market […]
Former Police IG Okiro endorses Tinubu for second term
Former Inspector-General of Police, Mike Okiro, has endorsed President Bola Tinubu for a second term, describing his administration as “courageous, reform-driven and unprecedented”.
