Cyril

CBN MPC: Rewane Sees 25bps Rate Cut As Nigeria Inflation Eases, Naira Firms Around ₦1,530/$.

Thursday, July 17, 2025 (Africa/Lagos). Popular economist Bismarck Rewane, CEO of Financial Derivatives Company (FDC), says the Central Bank of Nigeria (CBN) Monetary Policy Committee (MPC) is likely to cut the Monetary Policy Rate (MPR) by 25 basis points at its next meeting as moderating domestic inflation and a relatively stable naira create room for…

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Nigerians React As Ex-Kogi Governor Yahaya Bello Marries Fourth Wife Hiqma In Private Abuja Ceremony.

Abuja, Nigeria — July 17, 2025 Former Governor of Kogi State, Yahaya Bello, has reportedly married a fourth wife, identified as Hiqma, during a private ceremony held in Abuja last Saturday. The event, attended by close family members and a few allies, sparked widespread reactions on social media after Hafiza Bello, the former governor’s third…

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Media Personality Scott Iguma Remanded In Prison Over PWAN Real Estate Fraud Allegations.

Ikoyi, Lagos — Thursday, July 17, 2025 Popular media personality and social commentator Scott Iguma has been remanded in prison custody by the Lagos State High Court sitting in Ikoyi following his public accusations against real estate company PWAN. Iguma was arrested on Wednesday, July 16, 2025, and detained at Panti Police Station after he…

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Defence Headquarters Dismisses Turkish Envoy’s Claim Of FETO Terrorists Operating In Nigeria.

Abuja, Nigeria — Thursday, July 17, 2025 The Nigerian Defence Headquarters (DHQ) has dismissed claims by Turkish Ambassador-designate to Nigeria, Mehmet Poroy, that members of the Fethullah Terrorist Organisation (FETO) are operating in the country under the guise of educational and healthcare institutions. Poroy made the allegation during an event in Abuja to mark Turkey’s…

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Dele Momodu Dumps PDP For ADC, Blames ‘Anti-Democratic Forces’.

Abuja, Nigeria — July 17, 2025 Veteran journalist and Ovation Magazine publisher, Dele Momodu, has announced his resignation from the Peoples Democratic Party (PDP), citing the party’s alleged takeover by “anti-democratic forces.” Momodu confirmed the move in a resignation letter dated July 17, 2025, addressed to the PDP Ward 4 Chairman in Ihievbe, Owan East…

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Buhari: Umahi Pays Tribute To Late President, Recalls Personal Moments And National Impact.

Abuja, Nigeria — July 17, 2025 The Minister of Works, Senator David Umahi, has paid an emotional tribute to Nigeria’s former President, Muhammadu Buhari, describing him as a man of discipline, integrity, and unwavering commitment to national unity and development. Umahi made these remarks on Wednesday while signing the condolence register at the Federal Ministry…

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FG Postpones Opening Of Recruitment Portal For Immigration, Civil Defence, Others.

Abuja, Nigeria — July 17, 2025 The Federal Government has announced the temporary suspension of the recruitment application portal for the Nigeria Immigration Service (NIS), Nigeria Security and Civil Defence Corps (NSCDC), Nigeria Correctional Service (NCoS), and the Federal Fire Service (FFS). The recruitment portal, originally scheduled to open on Monday, July 14, 2025, will…

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Calm Restored In Kwara Communities As Police Arrest Notorious Criminal Tambaya, 25 Others.

Ilorin, Kwara State — July 17, 2025 A combined team of Police, Army, Forest Guards, and local hunters, supported by the Kwara State Government, has arrested over 25 suspected kidnappers and bandits, including a notorious criminal identified as Tambaya, during a major security crackdown across Ifelodun, Edu, and Patigi Local Government Areas. The development was…

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