Headline

Central Bank of Nigeria (CBN) Governor Olayemi Cardoso said the bank had developed different scenarios for managing the expected increase in money circulation during the election period and would base its response on economic data rather than assumptions.

The Central Bank of Nigeria (CBN) has cut its benchmark Monetary Policy Rate (MPR) by 350 basis points to 23 percent, from 26.5 percent.

Former Attorney-General of the Federation and Minister of Justice, Abubakar Malami, has rejected the bribery and corruption findings contained in the International Chamber of Commerce (ICC) award on the Mambilla Hydroelectric Power Project dispute.

President Bola Tinubu has called for a fresh continental offensive against the exploitation of Africa’s critical mineral resources, demanding an end to the export of raw minerals and a coordinated strategy to keep more of the wealth generated by the continent’s resources in Africa.

Nigeria is set to renew its campaign for permanent representation on the United Nations Security Council as Vice-President Kashim Shettima leads the country’s engagements at the 81st Session of the United Nations General Assembly in New York.

The Economic and Financial Crimes Commission (EFCC) has opened a fresh probe into the controversial Mambilla Hydroelectric Power Project, with a $500,000 payment made by project promoter Leno Adesanya to Jennifer Douglas, former wife of ex-Vice President Atiku Abubakar, emerging as one of the key transactions under scrutiny.

The Federal Government has urged the Federal High Court in Abuja to dismiss the ₦1 billion fundamental rights enforcement suit filed by former Kaduna State Governor, Nasir el-Rufai, over the search of his Abuja residence by operatives of the Independent Corrupt Practices and Other Related Offences Commission.

The Plateau State Government has imposed an immediate dusk-to-dawn curfew on three local government areas following a fresh wave of attacks that reportedly left several people dead and heightened tension across affected communities.

Tinubu departed Nigeria on August 30 to begin his working vacation in London. After spending a week in the United Kingdom, he proceeded to Paris, France, where he held meetings with French President Emmanuel Macron and businessman Vincent Bolloré.

Few hours after it secured an Appeal Court judgement restoring its registration, the Nigeria Democratic Congress (NDC) has suffered a set-back as its leadership on Sunday clashed with the Obi-Kwankwaso Movement.