The latest balance represents a 15.6 percent increase from the $45.57 billion recorded on January 2, strengthening Nigeria’s external liquidity position and providing the Central Bank of Nigeria (CBN) with a larger buffer to manage foreign exchange pressures and meet international obligations.
The training, conducted at an Operating Location (OL) in Bauchi State, is designed to strengthen the capability, readiness and long-term operational capacity of Nigerian forces amid continuing security challenges across the country.
The United States Africa Command (AFRICOM), in a report released on Monday, said the exercises were part of a broader security cooperation mission focused on sharing military expertise and improving interoperability between American and Nigerian forces.
President Bola Tinubu has directed the reconstitution of the All Progressives Congress (APC) Presidential Campaign Council for the 2027 general elections following the uproar that greeted the initial roaster released by the Presidency on Saturday, THEWILL can exclusively report.
Two days after electioneering for the 2027 Presidential and National Assembly polls officially kicked off on Wednesday, August 19, 2026, some political parties embarked on candidate substitution at the weekend.
Nigeria may be experiencing a widening disconnect between booming equity market capitalisation and productive value creation. It is conventional wisdom that the equity market is the barometer of the economy. And this is true of the advanced economies: London, New York, Tokyo, Korea.
Last week, Citizens of Igbokofi in Yewa North Local Government Area in Ogun State celebrated to no end during the official opening of a two-room health care centre in their community after many had lost their lives for seemingly endless years because they could neither afford hospital bills in medical facilities in neighbouring Benin Republic nor summon the courage to cover the distance on time to seek medication for life-threatening ailments.
President Bola Tinubu has renewed the tenure of the Director-General of the Nigerian Television Authority (NTA), Abdulhamid Salihu Dembos, and the Managing Director of the News Agency of Nigeria (NAN), Ali Mohammed Ali, for another three years.
When the federal government announced last week that removal of petrol subsidy had generated an estimated ₦15.8 trillion in savings between June 2023 and December 2025, the figure was presented as further evidence that Nigeria's painful economic reforms were working. It is, unquestionably, a significantly large number.
According to the delegation, co-led by IRI President Daniel Twining and Ambassador Jendayi Frazer, a board member of the National Endowment for Democracy, NED, and former Assistant Secretary of State for African Affairs, Nigeria retains important foundations for democratic competition, including an established electoral institution and a multi-party system but political consolidation by the governing All Progressives Congress, APC, opposition fragmentation, election-related violence, monetised political competition and declining public trust are weakening the foundations built for democratic competition, established electoral institutions, an active civil society and a multi-party system.
The Central Bank of Nigeria’s latest Open Market Operations (OMO) auction has pushed short-term fixed-income yields back into focus, with investors submitting N4.93 trillion in bids for securities worth just N600 billion.