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 $5 billion Africa Energy Bank building is ready for use once the APPO and Afreximbank complete the administrative and regulatory processes, the Federal Government of Nigeria has said. The Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, said during a recent inspection visit to the facility in Abuja. The bank has missed two …
The Special Adviser to President Bola Tinubu on Policy Communication, Daniel Bwala, says the Federal Government will soon publish the identities of individuals and networks behind the financing of terrorism in the country. Speaking during an interview on Television Continental on Sunday, Bwala said the Tinubu administration has begun taking “far-reaching decisions” on national security …
The Federal Government did not pay any ransom to secure the release of schoolchildren abducted in Kebbi and Niger states, the Senate spokesperson, Senator Yemi Adaramodu, has said. Adaramodu made the clarification on Friday during an interview on Channels Television’s Morning Brief, amid growing public speculation over the recent rescue operations. Adaramodu, who is representing …
The Nigeria Labour Congress (NLC) says its organs will meet today, November 22, to determine the next line of action as its one-month ultimatum to the Federal Government over the unresolved crisis in universities, polytechnics, and colleges of education expires. NLC’s acting Secretary-General, Benson Upah, confirmed the development in a brief chat with Newsmen, stressing …
— Union Accuses Officials of Treating Education as Non-Priority, Warns of Impending Showdown Over Salary Dispute The President of the Academic Staff Union of Universities (ASUU), Prof. Chris Piwuna, has accused the Federal Government of failing to prioritize education, saying officials do not regard the sector’s challenges as national concerns demanding collective responsibility. Speaking during …
The Federal Government has raised the alarm over vandalism and misuse of newly built and ongoing roads. Officials warned that such actions damage infrastructure, threaten safety, and increase repair costs. Minister of State for Works, Bello Goronyo, who inspected the Abuja–Kaduna–Zaria–Kano road project on Saturday, decried acts of sabotage by some residents, especially along completed …
Leader of the proscribed Indigenous People of Biafra (IPOB), Nnamdi Kanu, has finally obeyed the directive of the Federal High Court in Abuja to file his defence in the terrorism charge brought against him by the Federal Government. Kanu, who has repeatedly resisted opening his defence, was seen on Friday completing the process of filing …
The Federal Ministry of Education has unveiled a new digital platform designed to promote transparency, accountability, and efficiency in Nigeria’s tertiary education system. Known as the Federal Tertiary Institutions Governance and Transparency Platform (FTIGTP), the initiative will allow real-time tracking of funding, performance, and resource allocation across universities, polytechnics, and colleges of education. The Minister …
The Federal Government says it has launched several intervention programmes to ease the ongoing food crisis and boost agricultural productivity across the country. Minister of Agriculture and Food Security, Abubakar Kyari, stated this on Monday in Akure during the distribution of farm inputs to local farmers. Kyari explained that the programmes aim to tackle the …
