The Central Bank of Nigeria (CBN) has limited weekly cash withdrawals for individuals to ₦500,000 and corporates to ₦5 million. It gave the directive to banks in a new revised set of rules, stating that the order will take effect from January 2026. This ends the previous special authorisation permitting individuals to withdraw ₦5 million …
The Edo State House of Assembly has summoned the member representing Egor Constituency, Hon. Natasha Irobosa, to appear before its Ethics and Privileges Committee within one week. The invitation, announced during Wednesday’s plenary in Benin City, follows allegations of misconduct linked to a viral video involving the lawmaker. Speaker Blessing Agbebaku said the committee is …
Rivers State Governor, Siminalayi Fubara, has yielded to mounting pressure from the State House of Assembly led by Martins Amaewhule following concerns raised about the condition of public schools in the state. The Assembly, during its sitting last week Thursday, criticised the deteriorating state of primary and secondary schools, expressing dissatisfaction with what members described …
Troops of Operation Hadin Kai have rescued 12 kidnapped persons – seven women and five children – who were abducted by Boko Haram along the Gwoza–Limankara Road in Borno State on November 14. The Nigerian Army confirmed the rescue on Tuesday via its official X account. The victims were freed on Sunday during a clearance …
The Association of Community Pharmacists of Nigeria (ACPN) has called on the federal government, under President Bola Ahmed Tinubu, to invest in the local production of drugs to tackle HIV/AIDS in Nigeria. The move, ACPN says, is crucial to reduce reliance on foreign donors for HIV prevention and treatment programmes. ACPN National Chairman, Pharmacist Ambrose …
The Federal Government has approved the promotion of 24,202 officers and personnel across four key paramilitary agencies. The exercise, announced by the Minister of Interior and Chairman of the Civil Defence, Correctional, Fire and Immigration Services Board (CDCFIB), Dr Olubunmi Tunji-Ojo, covers senior officers, middle cadres, and other personnel. The announcement was made yesterday in …
Osun State Governor, Ademola Adeleke, has withdrawn his membership from the Peoples Democratic Party (PDP), less than 24 hours to the party’s governorship primary election in the state. A letter announcing his resignation surfaced on Monday, although it was dated November 4, 2025. In the letter, Adeleke attributed his decision to the lingering leadership crisis …
U.S. lawmakers will hold a joint congressional briefing today to address the growing violence and alleged persecution of Christians in Nigeria. Congressman Riley Moore announced the meeting in a notice shared on X. He said members of the House Appropriations Committee will lead the session, alongside lawmakers from the Foreign Affairs and Financial Services Committees. …
The naira depreciated against the dollar on Monday, December 1, 2025, as year-end demand for foreign currency pushed exchange rates upward. At the Nigerian Foreign Exchange Market (NFEM), where the official trading takes place, the naira dropped to N1,448.43 on Monday, against N1,446.74 recorded on Friday, November 28. At the parallel market, bureau-de-change operators in …
Stakeholders in the Nigerian petroleum sector have charted a clearer roadmap for enhancing legislative oversight in the upstream. At a one-day workshop held on Monday, December 1, in Abuja, themed 'Legislative–Stakeholders Synergy for a Transparent and Accountable Upstream Petroleum Sector', stakeholders highlighted ways to ensure transparency and accountability in the Nigerian petroleum sector. It was …
