News Editor

CBN Raises Over N1tn At OMO Auction

The Central Bank of Nigeria (CBN) has raised a total of N1.008 trillion at its Open Market Operations (OMO) auction held on Friday. The development followed an overwhelming investor demand that led to a 102% oversubscription, affirming CBN’s aggressive monetary tightening stance

April 26, 2025

UBA To Complete CBN’s N500b Capital Requirement In Q3 2025 — Elumelu

The Chairman of the Board of Directors, United Bank for Africa Plc (UBA), Tony Elumelu, on Friday assured stakeholders that the bank will meet the Central Bank of Nigeria’s (CBN) N500 billion minimum capital requirement for international commercial banks by Q3 2025,

April 26, 2025

Dangote Cement Posts N311.974b Pre-Tax Profit Q1 2025

Dangote Cement Plc has released its unaudited financial results, reporting a pre-tax profit of N311.974 billion for the first quarter ended March 31, 2025. The figure represents an 87.48% year-on-year (YoY) growth compared to N166.404 billion recorded in Q1 2024. The company

April 26, 2025

Grassroots·News

Lagos LG Poll: Agege Youths Back Obasa’s Son

A coalition of youth groups under the aegis of the Agege Youth Vanguard (AYV) has declared its support for Abdul-Ganiyu Obasa, the son of the Speaker of the Lagos State House of Assembly, Mudashiru Obasa, in his bid to become the next

April 26, 2025

Life & style·News

Naira Abuse: Court Orders Remand Of Hip-Hop Artiste ‘Terry Apala’

A Federal High Court sitting in Lagos on Friday has ordered the remand of hip hop musician, Terry Alexander Ejeh, also known as Terry Apala, for a charge of Naira abuse. Justice Akintayo Aluko ordered his remand in the Ikoyi Correctional Centre,

April 26, 2025

Tribunal Upholds FCCPC’s $220m Fine Against Meta

The Competition and Consumer Protection Tribunal has upheld the $220 million fine imposed on Meta Platforms Incorporated by the Federal Competition and Consumer Protection Commission (FCCPC). In a statement on Friday, the FCCPC’s Director for Corporate Affairs, Ondaje Ijagwu, announced that the

April 26, 2025

News·Politics·Religion

STATEHOUSE PRESS STATEMENT: SENATE PRESIDENT AKPABIO LEADS NIGERIA’S DELEGATION TO POPE FRANCIS’ FUNERAL

President Bola Ahmed Tinubu has sent a high-powered delegation to Vatican City to attend the burial of His Holiness, Pope Francis, on Saturday, April 26. Senate President Godswill Akpabio is at the head of the five-member delegation. Other members of the delegation

April 25, 2025

Reps Committee Finally Holds Meeting With Ibas

The meeting between the House of Representatives ad hoc committee on Rivers State and the Sole Administrator of the state, Retired Vice Admiral Ibok Ete Ibas, is finally taking place after several postponements. The House is exercising its constitutional right to take

April 25, 2025

2027 Polls Between Tinubu And Nigerians, Says PDP

The Peoples Democratic Party (PDP) says the 2027 general elections is a contest between President Bola Tinubu and the living conditions of Nigerians. PDP Acting National Chairman, Ambassador Umar Damagum, stated this on Thursday while presenting a Certificate of Return to the

April 25, 2025

Saraki Shocked By Okowa’s Defection, Insists On Repositioning PDP

A former Senate President, Bukola Saraki, has expressed shock over the defection of the Peoples Democratic Party’s (PDP) vice-presidential candidate in 2023 and former governor of Delta State, Ifeanyi Okowa to the ruling All Progressives Congress (APC). PDP’s presidential candidate and former

April 25, 2025

More Nigerians Expected To Fall Into Poverty By 2027 – World Bank

The World Bank Group has said that despite Nigeria’s resource-rich status, more of the country’s citizens are expected to sink into poverty by 2027. This is contained in the World Bank’s Africa Pulse report released at the ongoing Spring Meetings of the

April 25, 2025

Editorial·News·Politics

The Emerging Merger Politics: Is This Another Handshake of Selfish Ambitions?

There’s a new breeze blowing through Nigeria’s political landscape, and it carries both the scent of promise and the odour of déjà vu. Former Vice President Atiku Abubakar, a veteran of many political battles, is once more at the center of a

April 25, 2025

Rivers’ Sole Administrator Ibas Attends First NEC Meeting

The Sole Administrator of Rivers State, Retired Vice Admiral Ibok-Ete Ibas, is among state governors attending the National Economic Council (NEC) meeting at the Presidential Villa, Abuja. Ibas is making his debut appearance at the NEC meeting after his appointment as Sole

April 25, 2025

Air Peace Cancels Flights Nationwide As NiMET Workers’ Strike Bites

Flight activities, including those of Air Peace, are being disrupted at local airports as workers of the Nigerian Meteorological Agency (NiMET) stage protests over poor working conditions. The strike, which has lingered into day 2, sees passengers on scheduled local flights stranded

April 24, 2025

Ex-Rep Member To Atiku: Leave PDP Ticket In 2027, Allow It Go To South

A former member of the House of Representatives, Tajudeen Yusuf, has attributed the crisis within the People’s Democratic Party (PDP) to several factors, including the failure of some party leaders to prioritise the unity of the party over their personal political ambitions.

April 24, 2025

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