The Federal Government has taken full ownership of Keystone Bank. This is according to a statement by the bank posted on its X handle on Tuesday evening. The statement read, “Keystone Bank Limited wishes to clarify media report of a…
Shares in Chinese automaker BYD jumped on Tuesday after it unveiled plans to unroll advanced self-driving technology on nearly all its cars, including budget models priced below $10,000. The company also said it would integrate AI startup Deepseek’s software into…
Embattled former Kaduna State governor Nasir El-Rufai says he won’t opt for exile despite the many rumours that he might be arrested and tortured by the Bola Tinubu administration. El-Rufai, who has been embroiled in a battle of words with…
Data from the Nigerian Communications Commission (NCC) shows that broadband internet subscriptions have increased for the third consecutive month in December 2024. According to the data, total broadband connections grew by 2.8 million lines month-on-month (MoM) to reach 96.3 million. …
The Central Bank of Nigeria (CBN) has announced a major revision to its Automated Teller Machine (ATM) transaction fees, effectively eliminating the three free monthly withdrawals previously granted to customers using other banks’ ATMs. This directive, outlined in a circular…
The Inspector General of Police (IGP), Kayode Egbetokun, has issued a strict directive prohibiting police officers from carrying assault rifles while dressed in civilian attire. This move is part of broader police reforms aimed at curbing human rights violations and…
The Federal Government has allocated ₦100bn in the 2025 Budget awaiting passage in the National Assembly to provide solar mini-grids in selected government institutions, federal universities and their teaching hospitals. The Managing Director of the Rural Electrification Agency (REA), Abba…
The National Universities Commission (NUC) has jacked up the application fee for establishing private universities in Nigeria by over 400%. The commission’s Executive Secretary, Abdullahi Ribadu, said in a statement on Monday that the price hike is to improve coordination…
The Chief Justice of Nigeria (CJN), Kudirat Kekere-Ekun, has expressed deep concerns over persistent challenges facing the judiciary, including allegations of corruption, delays in justice delivery, and perceived bias. Despite ongoing reforms and interventions, she noted that these issues continue…
The Federal Government has attributed the recent drop in food prices to its strategic policies aimed at alleviating economic hardship and ensuring food security across the country. The Minister of Agriculture and Food Security, Abubakar Kyari, made this assertion on…
The President of the Nigeria Labour Congress (NLC), Joe Ajaero, has condemned the trend of state governors residing permanently in Abuja while neglecting governance in their respective states. He made this statement on Monday during a town hall meeting with…
The Federal Competition and Consumer Protection Commission (FCCPC) has secured a landmark legal victory after the Federal High Court in Lagos reaffirmed its authority to regulate competition and consumer protection across all sectors, including telecommunications. This was disclosed in a…
The Nigerian Army has raised alarm over the growing impersonation of the Chief of Army Staff (COAS), Lieutenant General Olufemi Oluyede, on all social media platforms. The Service also stressed these imposters have continued to perpetrate the mischief using the…
The Supreme Court has dismissed an appeal filed by Siminalayi Fubara, Governor of Rivers State, challenging the judgment that voided the presentation and passage of the state’s 2024 budget. In a ruling delivered on Monday, the five-member panel of justices…
The National Drug Law Enforcement Agency (NDLEA) says it has recorded some achievements in its war against abuse of narcotic substances, especially with the cooperation of sub-nationals. The agency’s spokesman Femi Babafemi said some state governments in the country have…