The Nigerian economy experienced increased foreign currency flows in the last 12 months ending November 2024 as the net FX rose by 245.9%. According to data from the Central Bank of Nigeria (CBN) economic report, net FX flows through the economy increased to $5.95 billion in November 2024 relative to $1,7 billion in the previous … Read more
The Socio-Economic Rights and Accountability Project (SERAP) has issued a 48-hour ultimatum to the Central Bank of Nigeria (CBN), demanding the reversal of the recent increase in Automated Teller Machine (ATM) transaction fees. The advocacy group insists that the new charges are “unlawful, unfair, unreasonable, and unjust,” particularly for economically vulnerable Nigerians. In a statement … Read more
Former Secretary to the Government of the Federation (SGF), Babachir Lawal, has cautioned that President Bola Tinubu risks losing the 2027 election unless he takes deliberate steps to regain the trust of northern voters. Lawal, who was once a close ally of Tinubu but has since become a vocal critic, argued that the President’s policies … Read more
Washington, D.C., USA – The Trump administration dismissed 20 immigration judges without explanation amid sweeping moves to shrink the size of the federal government, a union official reported on February 15. The dismissals occurred on February 14, affecting 13 judges who had yet to be sworn in and five assistant chief immigration judges, according to … Read more
The Anambra State Police Command has arrested one Christian Ndubuisi for allegedly stabbing his elder brother to death in Onitsha, Anambra State over a minor dispute. A statement from the command’s spokesperson, SP Tochukwu Ikenga, revealed that the suspect was apprehended by operatives from the 3-3 Divisional Headquarters on February 15, 2025. According to Ikenga, … Read more
Angry youths in Ifon, the headquarters of Ose Local Government Area in Ondo State, have allegedly set fire to a police division following reports that a boy died in police custody due to alleged torture. The incident sparked widespread protests after it was learned that the victim’s friend remains in a coma at a hospital. … Read more
At the end of trading on Friday, the Nigerian Naira consolidated it’s gain against the Dollar at the parallel market gaining N15. A detailed analysis of this week’s FX data reveals that the Naira strengthened consistently at the black market on Wednesday, Thursday, and Friday, closing at N1,565 per dollar—up from N1,580 on Monday. In … Read more
The Joint Admissions and Matriculation Board (JAMB) yesterday warned candidates sitting the 2025 Unified Tertiary Matriculation Examination (UTME) against “desperately selecting examination towns”. In a statement, the board said it does not select towns for candidates taking the examination or the optional mock examination. It said the clarification was particularly important as 90 per cent … Read more
Galaxy Backbone (GBB) Limited has reaffirmed its commitment to strengthening security operations through technology-driven solutions with the visit of the newly appointed Commissioner of Police for Gombe State, CP Bello Yahaya, to its North East Regional Office and Safe City Emergency Command Centre. The visit emphasised the growing synergy between law enforcement and digital transformation … Read more
The United States will temporarily shuts its Embassy in Abuja and the Consulate General in Lagos on Monday, 17 February 2025, in observance of Presidents’ Day. This was disclosed in a post on X by the diplomatic mission. It assured the public that normal operations would resume the following day. “The U.S. Embassy in Abuja … Read more