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Senate Vows Strong Oversight for South-West Development Commission to Drive Regional Growth.

ABUJA, Nigeria – The Nigerian Senate has pledged to carry out robust oversight on the newly established South-West Development Commission (SWDC), promising effective monitoring to ensure good governance, accountability, and infrastructure development across the South-West geopolitical zone. The commitment was made by Senator Yunus Akintunde, Chairman of the Senate Committee on SWDC, during the committee’s…

Tinubu Flags Off INEC Headquarters Construction, Pledges Stronger Electoral System.

Cyril15 hours ago15 hours ago04 mins

ABUJA — President Bola Ahmed Tinubu on Tuesday laid the foundation for the construction of a new national headquarters for the Independent National Electoral Commission (INEC) in Abuja, signaling a fresh move to reinforce Nigeria’s electoral infrastructure and deepen democratic values. The groundbreaking ceremony took place in the Federal Capital Territory, where the President described…

🎙 Why Nedu Left the Honest Bunch Podcast – Glitch Africa Founder Breaks Silence.

Cyril15 hours ago15 hours ago04 mins

Lagos, Nigeria—Best Amakhian, the founder of Glitch Africa and creator of the viral Honest Bunch podcast, has spoken out for the first time about Nedu Wazobia’s controversial exit from the show. This revelation sheds light on the intense discussions and failed efforts to keep him on board. 🔥 Behind the Exit Amakhian revealed that Nedu’s…

Killings: President Tinubu Postpones Kaduna Visit, Heads to Benue State Wednesday.

Cyril2 days ago2 days ago04 mins

President Bola Ahmed Tinubu has postponed his official trip to Kaduna State and will instead visit Benue State on Wednesday, June 18, 2025, to address the escalating violence and communal killings in the region. The development was confirmed in a statement issued on Monday, June 16, by Bayo Onanuga, Special Adviser to the President on…

🚨 JUST IN: Court Grants Emefiele ₦2 Billion Bail Over Alleged ₦753 Abuja Housing Fraud.

Cyril2 days ago2 days ago03 mins

In a major development on Monday, the High Court of the Federal Capital Territory (FCT) granted bail to embattled former Central Bank Governor, Godwin Emefiele, for ₦2 billion. Justice Yusuf Halilu, who presided over the bail ruling, noted that although Emefiele has three ongoing criminal trials, he has not jumped bail in any of them,…

Police Declare All-Out War on Thuggery in Kano State.

Cyril3 days ago3 days ago04 mins

The Kano State Police Command has launched a major crackdown on thuggery, popularly referred to as “Yan Daba”, following a series of violent clashes that recently rocked the metropolis. The announcement came via an official statement issued on Sunday, June 15, by Deputy Police Public Relations Officer Abdullahi Hussaini, speaking on behalf of the Commissioner…

NiMet Forecasts Widespread Thunderstorms and Rain Across Nigeria from Saturday to Monday.

Cyril4 days ago4 days ago04 mins

ABUJA – The Nigerian Meteorological Agency (NiMet) has forecasted thunderstorms and widespread rainfall across various parts of the country from Saturday, June 15 to Monday, June 17, 2025. In its three-day weather outlook, released on Friday, NiMet advised Nigerians to prepare for early morning thunderstorms, heavy rain showers, and strong winds that may pose risks…

🇳🇬 June 12: Wole Soyinka Weeps as He Remembers Late Dr Beko Ransome-Kuti’s Role in Pro-Democracy Struggle.

Cyril4 days ago4 days ago05 mins

LAGOS, JUNE 12, 2025 – Nobel Laureate, Professor Wole Soyinka, was overcome with emotion during a media briefing in Lagos as he paid tribute to the late physician and fearless human rights activist, Dr Beko Ransome-Kuti, a prominent figure during Nigeria’s pro-democracy movement. Soyinka spoke during a special event commemorating the June 12 Democracy Day,…

🏦 CBN Orders Nigerian Banks to Pause Dividend Payments to Foreign Subsidiaries.

Cyril4 days ago4 days ago04 mins

ABUJA- JUNE 14, 2025. In a bold move to strengthen Nigeria’s banking sector, the Central Bank of Nigeria (CBN) has directed all banks under regulatory forbearance to temporarily suspend dividend and bonus payments to their foreign subsidiaries and ventures. This was announced in a circular released on Friday and signed by the CBN Director of…

Only Two Nigerian Banks Surpass CBN’s N500bn Recapitalisation Target – Report.

Cyril4 days ago4 days ago05 mins

A new report by Proshare has revealed that only two Tier 1 Nigerian banks — Zenith Bank and Access Holdings Plc (AccessCorp) — have successfully met the N500 billion recapitalisation target mandated by the Central Bank of Nigeria (CBN) for banks with international operating licences. The report, titled “Tier 1 Banks Report: Getting Bigger, Braver,…