Cashless policy, naira redesign reduced kidnapping, banditry in 2023, says Abbas
Tajudeen Abbas, speaker of the house of representatives, says the cashless policy and “attempted” currency redesign by the Central Bank of Nigeria (CBN) curbed insecurity across the country in…
Tinubu appoints eight permanent secretaries
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Tobi Adegboyega denies anti-gay allegations, says persecution politically motivated
Tobi Adegboyega, the founder of the SPAC Nation church in the United Kingdom (UK), says his current travails are politically motivated. The Nigerian pastor, who is at the centre…
EFCC re-arraigns Atuche, ex-Bank PHB boss, over ‘forgery’
The Economic and Financial Crimes Commission (EFCC) has re-arraigned Francis Atuche, a former managing director of Bank PHB Plc. Atuche, alongside two others—Nnosiri Joachim and Uguru Onyike—appeared before O.…
Ademola Lookman named 2024 CAF men’s player of the year
Nigerian star, Ademola Lookman has been named the African Player of the Year at the prestigious 2024 Confederation of African Football Awards. The announcement was made during a…
UBA donates N500m to Lagos State Security Trust Fund,
United Bank for Africa through UBA Foundation, its corporate social responsibility arm, has donated the sum of N500 million to the Lagos State Security Trust Fund (LSSTF), as part…
Shell’s Bonga north FID will help Nigeria realise its energy potential – Tinubu
President Bola Tinubu says the final investment decision (FID) of Shell and its partners on the Bonga north deepwater project, which is worth $5 billion, demonstrates a milestone…
EFCC arrests 792 ‘Yahoo boys’ in Lagos
The Economic and Financial Crimes Commission (EFCC) says it has carried out its largest single-day operation against cryptocurrency and romance scam networks, arresting 792 suspects in Lagos. Addressing a press…
DHQ denies plans for French military base in north-east
The Defence Headquarters (DHQ) has dismissed reports alleging plans to site a French military base in the north-east. Edward Buba, director of defence media operations, reacted in a statement…
Nigeria’s inflation rate rises to 34.6% as food prices surge
The National Bureau of Statistics has reported that Nigeria’s inflation rate rose to 34.6 percent in November — up from 33.8 percent in October. According to its consumer price…
