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CBN retains MPR at 26.5%

CBN Governor Olayemi Cardoso announced this on Tuesday after the 306th Monetary Policy Committee (MPC) meeting.

How PFIPC got into  2026 Budget — Adeyemi

Self-styled Director-General of alleged Presidential Foreign Intervention Promotion Council, PFIPC, Prince Adeniyi Matthew Adeyemi, has explained how the agency was captured in the Federal Government’s 2026 budget despite his arrest before the appropriation process was concluded.

FG denies rumours of Defence Minister Christopher Musa’s alleged resignation

By Kingsley Omonobi The Federal Government has dismissed as false reports circulating on social media alleging that the Minister of Defence, General Christopher Gwabin Musa (Rtd.), plans to resign from office. In a statement issued on Monday, the Office of the Minister described the reports as “malicious” and “entirely fabricated,” urging the public to disregard […]

Lagos pays N3.1bn compensation to landowners affected by public projects

By Olasunkanmi Akoni LAGOS — The Lagos State Government has disbursed over ₦3.1 billion as compensation to more than 300 landowners whose properties were acquired for various public infrastructure projects across the state. Governor Babajide Sanwo-Olu, who presented the compensation cheques to the beneficiaries on Monday at Alausa, Ikeja, said the exercise reflected the administration’s […]

Four police officers detained over alleged extortion of ICPC chairman in Abuja

The Federal Capital Territory (FCT) Police Command has detained four police officers over allegations that they extorted ₦53,000 from the Chairman of the Independent Corrupt Practices and Other Related Offences Commission (ICPC), Dr. Musa Aliyu (SAN), during an unauthorised stop-and-search operation in Abuja. The FCT Commissioner of Police, Ahmed Sanusi, disclosed the development on Monday […]

PFIPC: How fake agency got smuggled into budget — Adeniyi

The self-styled Director-General of the alleged Presidential Foreign Intervention Promotion Council, Prince Adeyemi Matthew Adeniyi, has explained how the fake organisation was captured in the Federal Government’s budget despite his arrest before the appropriation process was concluded.

Agro exports crash 31% as port delays, pesticides trigger global rejections

Nigeria’s agricultural exports suffered a sharp 31.2 per cent decline in the first quarter of 2026 (Q1’26) as prolonged port delays, excessive pesticide application, outdated chemical preservatives and failure to obtain required phytosanitary certification combined to trigger increasing rejection of the country’s farm produce in international markets.

Petrol imports rose by 207% in June – NMDPRA

By Obas Esiedesa, Abuja Nigeria’s petrol imports surged by 207 per cent in June 2026, reversing earlier gains recorded in domestic refining as local supply declined sharply, according to data from the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA). An analysis of the authority’s monthly petrol supply data for the first six months of […]

Minimum wage review: We’re battle ready for major national struggle — NLC

…Promises to push for national minimum pension By Johnbosco Agbakwuru ABUJA — The Nigeria Labour Congress (NLC) has expressed its preparedness for a major national struggle for a comprehensive review of the national minimum wage. NLC President Comrade Joe Ajaero hinted at this while making his remarks at the commissioning of the Comrade Godwin Abumisi […]

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