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Humanitarian Minister Yilwatda Emerges APC Chairman
PROF. Nentawe Yilwatda, the Minister of Humanitarian Affairs and Poverty Reduction, has been elected as the national chairman of the All Progressive Congress (APC).
His emergence was formally announced on Thursday during the…
Energy Prices, FX Stability Drive June Inflation Drop – Cardoso
YEMI Cardoso, Governor of the Central Bank of Nigeria (CBN), has attributed the decline in headline inflation in June to moderation in energy prices and stability in the foreign exchange market.
Cardoso said this on Tuesday in…
CBN Clarifies NRBVN Charges For Nigerians in Diaspora
THE Central Bank of Nigeria (CBN) has clarified recent speculations regarding charges related to the newly launched Non-Resident Bank Verification Number (NRBVN) platform, affirming that no hidden fees have been introduced and…
Nigeria’s Economic Reforms Win IMF Praise Amid Signs Of Durable Recovery
REVERSING years of economic volatility, the International Monetary Fund’s latest Article IV Consultation affirms a new reality: Nigeria is making meaningful progress following a series of significant structural reforms to restore…
Blood On The Benue: Weeping For Beleaguered Nigeria
By Prof. Mike Ozekhome, SAN
INTRODUCTION
YELWATA in Benue state has been drenched in blood. Last October, I launched 50 books at the same time in Abuja to mark my birthday. One of the books is titled “Blood on the Niger and Benue:…
CBN Halts Dividends, Bonuses, Offshore Investments For Banks Under Regulatory Forbearance
IN a bold move to shore up the resilience of Nigeria’s banking sector, the Central Bank of Nigeria, CBN has ordered a temporary freeze on dividend payments, executive bonuses, and foreign investments by banks currently operating under…
Trump Bans Citizens Of 12 Countries From Entering U.S.
U.S. President Donald Trump has signed a proclamation on Wednesday evening banning citizens of 12 countries from entering the United States.
The countries affected are Afghanistan, Myanmar, Chad, Congo, Equatorial Guinea, Eritrea, Haiti,…
61 Killed In Fresh Herdsmen Attacks, Communal Crisis In Benue
IT was a bloody weekend in parts of Benue State, following the killing of over 46 persons by rampaging armed herdsmen in two separate attacks on communities in Apa and Gwer West Local Government areas of the state.
This came as no fewer…
Banks’ Deposits With CBN Soar 1,578% To N53.5trn
IN clear demonstration of excess liquidity in the banking system, banks’ deposit with the Central Bank of Nigeria, CBN, rose sharply by 1,578 percent year-on-year, YoY, to N53.5 trillion in the first five months of the year (5M’25) from…
Tinubu Inaugurates First Phase Of Lagos-Calabar Coastal Highway
PRESIDENT Bola Ahmed Tinubu has reaffirmed the federal government’s commitment to local content, technology transfer, and the empowerment of Nigerians as he commissioned the first phase of the Lagos-Calabar Coastal Highway and several major…