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CBN gov hails new NDIC leadership, seeks stronger institutional synergy
The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, has congratulated to the newly Managing Director and the Executive Director Operations of the Nigeria Deposit Insurance Corporation (NDIC) on their appointments and expressed optimism about deepening collaboration between the two institutions. Speaking on Wednesday at the CBN…
Read More »Sanwo-Olu commissions 7 road projects to boost tourism, commerce in Badagry
*New road projects to be completed in Oko Afo, Ilogbo, others It’s a harvest of infrastructure in Badagry Division, as Governor Babajide Sanwo-Olu, on Wednesday, inaugurated key projects in the ancient town located on the western part of Lagos State. Sanwo-Olu commissioned seven newly completed road projects that cut across…
Read More »Appeal Court restores preservation order on 14 properties, N400m linked to Yahaya Bello
A three-man panel of the Court of Appeal, Lagos Division, on Wednesday, August 6, 2025, restored the preservation order on 14 properties and the sum of N400 million linked to Yahaya Bello, a former governor of Kogi State. Justice Nicholas Oweibo of the Federal High Court sitting in Ikoyi, Lagos…
Read More »Civil Service Jobs: FG shortlists candidates, proceeds to next stage
The Federal Government has confirmed the shortlisting of candidates for its ongoing recruitment into the federal civil service, following the conclusion of the application phase earlier this year. The recruitment drive, announced in January 2025 by the Federal Civil Service Commission (FCSC), advertised over 70 vacant positions across various ministries…
Read More »Rashidi Ladoja Emerges as 44th Olubadan of Ibadanland
Former Governor of Oyo State, Senator Rashidi Ladoja, has been formally nominated as the 44th Olubadan of Ibadanland by the Olubadan-In-Council. The historic endorsement took place on Monday during a crucial meeting held at the Olubadan Palace in Oke-Aremo, located within the Ibadan North Local Government Area of Oyo State.…
Read More »CBN Retains Interest Rate at 27.5%, Confirms Eight Banks Have Met Recapitalisation Target
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has voted to retain the benchmark interest rate at 27.5% for the second consecutive time, as part of ongoing efforts to sustain the momentum of disinflation. Speaking at the end of the MPC’s July meeting in Abuja on…
Read More »NNPCL records 14.14% profit decline to N905b in June 2025
The Nigerian National Petroleum Company Limited (NNPC Ltd.) has posted a Profit After Tax (PAT) of N905 billion for June 2025, a decline of 14.14% from the N1.054 trillion reported in May. According to its Monthly Report Summary for June, it remitted N6.96 trillion to the Federation Account within the…
Read More »Ogori Professional Progressive Union Defends Major General Akerejola Against Allegations
In a robust response to recent allegations against Major General Akerejola, the Ogori Professional Progressive Union (OPPU) has issued a statement defending the integrity and legacy of the esteemed military leader. The union’s statement follows accusations of financial misconduct and abuse of office, which they describe as unfounded and driven…
Read More »Drama at NASS Gate as Security Bars Suspended Senator Natasha
ABUJA — Tension ran high at the National Assembly complex on Tuesday after security operatives blocked suspended Senator Natasha Akpoti-Uduaghan from entering the premises. The Kogi Central lawmaker, flanked by prominent activist Aisha Yesufu, rights advocate Mama P, fellow activist Randy, and a crowd of passionate supporters, was stopped at…
Read More »Court dismisses prayer seeking to stop NASS from approving Rivers’ budgets
The Federal High Court in Abuja on Friday, dismissed a motion seeking to restrain the National Assembly from approving budgets or appointments of Rivers Government under the current Sole Administrator. Vice Admiral Ibok-Ete Ibas (rtd.) was appointed as Rivers’ Sole Administrator by President Bola Tinubu following the six-month suspension of…
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