archive2025

The Central Bank of Nigeria (CBN) has rescheduled the 299th meeting of its Monetary Policy Committee (MPC). The apex bank shifted the meeting which was initially scheduled for February 17 and 18 to February 18 and 19. The CBN announced the change in a statement on Monday. The statement read:...

Executive Chairman of the Economic and Financial Crimes Commission EFCC, Mr. Ola Olukoyede has conferred a Posthumous Award of Bravery on a slain officer of the Commission, Assistant Superintendent of the EFCC, ASE II. Aminu Harisu Sahabi. He disclosed this in Sokoto on Friday, February 7, 2025 when he paid...

As part of strategies to harness the potentials inherent within the various states for wealth creation, the Securities and Exchange Commission (SEC) is to embark on investor education for State Governments across the Federation. SEC Director General Dr. Emomotimi Agama disclosed this during a meeting with a team from the...

The Manufacturers Association of Nigeria (MAN) has criticised the proposed 15 percent increase in tariff by the Nigerian Ports Authority (NPA). It will be recalled that on February 6, the NPA said it secured approval to increase its tariffs by 15 percent to enhance infrastructure and upgrade equipment. The upward...

A former Deputy National Chairman of the Peoples Democratic Party (PDP), Chief Bode George, has strongly opposed calls for the creation of 31 additional states in Nigeria, describing the move as unsustainable and ineffective in addressing the country’s challenges. Speaking in an interview with the News Agency of Nigeria on...

The National Drug Law Enforcement Agency (NDLEA) says two drug kingpins have excreted 125 wraps of heroin at the Port Harcourt International Airport and the Murtala Muhammed International Airport. NDLEA Headquarters, Abuja, Femi Babafemi, in a statement on Sunday said this was as operatives foiled attempts by both of them...

A Federal High Court, sitting in Calabar, Cross River State, presided over by Justice Rosemary Oghogho-rie has convicted and sentenced Dr. Geraldine Orok Ita to prison for fraud. Ita was prosecuted by the Uyo Directorate of the Economic and Financial Crimes Commission (EFCC) on a twelve-count charge, bordering on forgery...

The Lagos State Government has announced plans to enforce traffic rules against red light and speed-limit infractions across the state henceforth. The state Commissioner for Transportation, Oluwaseun Osiyemi, disclosed this on Thursday, February 6 at a media briefing and unveiling of the advanced technology initiative at Alausa, Ikeja, Lagos. According...

.eulogises late brother Oyo State governor, ‘Seyi Makinde, has declared that for Nigeria to beat the poverty trap and become a prosperous country, its economy must be built to weather all storms. The governor added that the country must also raise entrepreneurs and improve the standard of education, stating that...

Leading financial institution, Fidelity Bank Plc, has announced the successful conclusion of the first tranche of its equity capital raise through its Public Offer and Rights Issue (the Combined Offer) following the completion of the capital verification exercise conducted by the Central Bank of Nigeria (CBN), and approval of the...