The Senate Committee on Banking, Insurance and Other Financial Institutions has called on the Central Bank of Nigeria (CBN) to strengthen regulatory oversight of financial technology firms in order to curb rising cases of fraud within Nigeria’s banking system. The committee also urged the apex bank to introduce stricter regulatory measures to tackle the growing …
The Nigerian Senate on Tuesday failed to reach a conclusion on the proposed amendment of the Electoral Act, despite spending several hours deliberating behind closed doors. Lawmakers moved into an executive session shortly after the start of plenary to review the report of an ad hoc committee constituted to harmonise inputs from senators on the …
The Nigerian National Assembly has experienced a legislative discrepancy, as the Senate and the House of Representatives approved different crude oil price benchmarks for the 2026–2028 Medium Term Expenditure Framework (MTEF). While both chambers agree on many macroeconomic targets, the disagreement over oil prices, which is the major source of Nigeria's foreign exchange earnings, highlights …
Senator Ireti Kingibe, representing the Federal Capital Territory (FCT), has formally defected to the African Democratic Congress (ADC). Her registration with the party is scheduled for Thursday at the ADC national headquarters in Wuse, Abuja. READ ALSO: BREAKING: Atiku Joins ADC, Signals New Political Alignment Ahead of 2027 The development was confirmed in a statement issued …
The Nigerian Senate has approved a total of 64 nominees for both career and non-career ambassadorial positions following a review of a report submitted by its Committee on Foreign Affairs. The approval came after the committee’s findings were presented by its chairman, Senator Sani Bello, and subsequently adopted by lawmakers during plenary. Zamfara State Representation …
The Nigerian Senate on Wednesday passed the second reading of a bill proposing the death penalty for kidnapping. The legislation, sponsored by all 108 senators, seeks to amend the Terrorism (Prevention and Prohibition) Act, 2022. Senate Leader Opeyemi Bamidele, who led the debate, said the amendment would classify kidnapping, hostage-taking, and similar offences as acts …
The Senate Committee on Foreign Affairs has cleared Ayodele Oke, Kayode Are, and Aminu Dalhatu for ambassadorial appointments following an intensive screening session at the National Assembly on Wednesday. The three nominees were part of the first batch of ambassadorial candidates submitted to the upper chamber by President Bola Tinubu. During the session, senators focused …
President Bola Tinubu has commended the Nigerian Senate for promptly confirming General Christopher Musa (retd.) as the new Minister of Defence, describing the appointment as timely and critical for the country’s security. In a statement posted on his official X handle on Thursday, Tinubu said he had forwarded Musa’s name to the Senate for screening …
Tension began shortly after Akpabio entered the chamber and took over from Deputy Senate President Jibrin Barau, who had been presiding. Upon assuming his seat, Akpabio immediately invited Senate Leader Opeyemi Bamidele and a few other senators to approach the chair for a brief discussion. Goje, displeased with the development, rose swiftly to raise a …
The Senate on Tuesday suspended plenary to honour the late Senator Okechukwu Ezea of the Labour Party (LP), representing Enugu North Senatorial District, who passed away on Tuesday, November 18. Following prayers, approval of votes and proceedings, announcements, and petitions in the order paper, the Senate Leader, Opeyemi Bamidele (APC, Ekiti Central), moved a motion …
