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News Update

News Update·Economy·News

Nigeria’s Inflation Rate Drops To 22.22% In June 2025

Nigeria’s inflation rate eased to 22.22% in June 2025, down from 22.97% recorded in May, according to the latest Consumer Price Index (CPI) report by the National Bureau of Statistics (NBS). This represents a 0.75 percentage point drop on a year-on-year basis

July 17, 2025

Police Appoints 11 New Assistant Inspector Generals, 16 Commissioners.

The Police Service Commission (PSC) has approved the promotion of 27 senior police officers. Among them, 11 are Commissioners of Police who will be promoted to the rank of Assistant Inspector General of Police (AIG), while 16 Deputy Commissioners of Police will

December 17, 2024

STATE HOUSE PRESS RELEASE: PRESIDENT TINUBU APPOINTS EIGHT NEW PERMANENT SECRETARIES

STATE HOUSE PRESS RELEASE President Bola Ahmed Tinubu has appointed eight permanent secretaries in the federal civil service to fill existing and impending vacancies in some states and geopolitical zones. It was the second set of eight permanent secretaries appointed by the

December 17, 2024

Supreme Court Penalizes Former Presidential Candidate ₦5 Million for Baseless Suit Against Tinubu

The Supreme Court in Abuja has ordered Ambrose Albert Owuru, a former presidential candidate, to pay ₦5 million for filing what it termed a frivolous and unwarranted lawsuit challenging the presidency of Bola Ahmed Tinubu. The judgment, delivered on Monday by Justice

December 17, 2024

University of Abuja to Be Renamed Yakubu Gowon University, FEC Announces

The Federal Executive Council (FEC) has approved the renaming of the University of Abuja to Yakubu Gowon University, in honor of Nigeria’s former Head of State, General Yakubu Gowon (retd), who recently celebrated his 90th birthday. This decision was disclosed by the

December 17, 2024

Tinubu Reschedules 2025 Budget Presentation to Address Key Amendments

President Bola Ahmed Tinubu has postponed the presentation of the 2025 national budget to the National Assembly, originally scheduled for Tuesday, December 17. The budget will now be presented on Wednesday, December 18, 2024, to allow for crucial amendments to the document.

December 17, 2024

Shekarau Warns Against Regional Bias, Advocates for Credible Leadership in Nigeria

Former Kano State Governor Ibrahim Shekarau has stated that Nigeria should prioritize the credibility of its president over concerns about his place of origin. Recently, there has been ongoing debate about whether power should shift back to the northern region of the

December 16, 2024

Kwankwaso, Duke Meet Obasanjo In Abeokuta

Former President Olusegun Obasanjo met with former Kano State Governor Rabiu Kwankwaso and former Cross River Governor Donald Duke on Saturday in Abeokuta, the capital of Ogun State. It is unclear what discussions they had, but it may not be unconnected with

December 16, 2024

Banks Face ₦150m Penalty from CBN for Issuing New Currency to Hawkers

The Central Bank of Nigeria has imposed a fine of ₦150 million on Deposit Money Banks that have been found guilty of distributing illegal mint naira notes to currency hawkers across the country. This action follows the apex bank’s efforts to address

December 16, 2024

SEC Reveals FG’s ₦1.1tn Sukuk Bonds to Enhance 124 Road Projects

The Securities and Exchange Commission announced that the Federal Government of Nigeria has issued six Sovereign Sukuk, totaling ₦1.1 trillion ($657.6 million), to finance 124 federal road projects spanning over 5,820 kilometers across the six geopolitical zones of the country. Dr. Emomotimi

December 16, 2024

Elections: Tinubu Advocates for Ghana’s Democratic Lessons Among ECOWAS Leaders

President Bola Tinubu has encouraged the leaders of the Economic Community of West African States (ECOWAS) to follow Ghana’s democratic example after the country’s successful presidential and parliamentary elections. President Bola Tinubu has urged the leaders of the Economic Community of West

December 16, 2024

Sunday Igboho To VP Shettima: Focus on Nigeria’s Challenges, Not Kemi Badenoch

Yoruba nation activist Sunday Adeyemo, widely known as Sunday Igboho, has called on Vice President Kashim Shettima to prioritize addressing Nigeria’s pressing issues rather than engaging in a public dispute with Kemi Badenoch, the leader of the UK’s Conservative Party. Badenoch, who

December 16, 2024

Kemi Badenoch Opens Up About Losing Faith in God

Kemi Badenoch, the leader of the United Kingdom’s Conservative Party, has revealed that she no longer believes in God, identifying instead as agnostic and a “cultural Christian.” Speaking on a podcast hosted by Bari Weiss, editor of The Free Press, Badenoch discussed

December 16, 2024

Sokoto State Introduces Transportation with E-Ticketing System for Mass Transit

The Sokoto State Government has unveiled an innovative e-ticketing system for its 126 mass transit vehicles, marking a significant step towards enhancing transparency and accountability in public transportation. The vehicles currently serve inter-state, intra-city, and inter-local government routes. Governor Ahmed Aliyu, during

December 16, 2024

My Experience With Nigeria Police: Kemi Badenoch

In an interview with The Free Press, which gained widespread attention on Saturday, British Conservative Party leader and Business Secretary, Kemi Badenoch reflected on her negative experiences with the Nigerian Police in contrast with law enforcement in the United Kingdom, when asked

December 15, 2024

Christmas: Zulum Approves Early Salary and Pension Payments for Borno Workers

In a show of goodwill and commitment to workers’ welfare, Borno State Governor, Professor Babagana Umara Zulum, has approved the early payment of December salaries and pensions for all civil servants and retirees on the state government’s payroll. The payments, which began

December 15, 2024

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