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CBN’s FX, Banking Overhaul Draws Recognition from Top Economists

The Central Bank of Nigeria (CBN) has received the Nigerian Economic Society’s Distinguished Organisation Award, with the professional body recognising reforms undertaken by the apex bank across Nigeria’s monetary, foreign exchange and financial sectors.

No More ‘Borrowed’ Lecturers, Equipment – FG Moves To End Accreditation Fraud In Tertiary Institutions

The Federal Government has moved to shut down a long-standing loophole in the accreditation of tertiary institutions, declaring that schools will no longer be allowed to rely on temporarily “borrowed” lecturers, equipment and facilities to secure regulatory approval.

Demolition Turns Deadly In Lagos — Building Collapses, Kills One, Traps Workers

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The incident occurred at No. 42, Governors Road, Aboru, in the Alimosho area of the state, prompting an immediate emergency response by the Lagos State Emergency Management Agency (LASEMA) and other emergency agencies.

Trump Dangles $5,000 Election Dividend To Americans If Republicans Retain Congress

President Donald Trump has promised to pay $5,000 to every adult citizen in the United States if Republicans retain control of both chambers of Congress in the November 2026 midterm elections.

NCC Orders Registration Of All SIM-Enabled Devices

The NCC has launched an automated system requiring all SIM-enabled communications devices entering Nigeria to be registered and authenticated before they can be sold or connected to local mobile networks.

Court Orders INEC To Recognise NDC Modified Logo

The Federal High Court in Abuja has ordered the Independent National Electoral Commission (INEC) to forthwith approve and utilise the modified digital logo of the Nigeria Democratic Congress (NDC) as the party’s official logo. Justice J. O. Abdulmalik...

Nigeria’s FX Utilisation Jumps 91 Percent To $50.9bn, Highest In Six Years 

FX utilisation jumped 91.1 percent from $26.65 billion in 2024, reaching its highest level since 2019.

FG Clears Eight-Month Allowance Arrears For Lecturers

A statement issued by the Director of Press and Public Relations in the Federal Ministry of Education, Folasade Boriowo, said the funds had been released for the payment of eligible academic staff across federal tertiary institutions.

NAFDAC Says Alcohol Fuels Banditry As Sachet Ban Faces Pushback

NAFDAC Director-General, Prof. Mojisola Adeyeye, renewed the agency’s position on Wednesday during an interview on Channels Television’s Sunrise Daily, saying alcohol consumption is linked to banditry and warning about its effects on vital organs including the brain, kidneys and liver.

US-Iran Showdown Pushes Brent Above $100, Sparks Fears Of New Energy Crisis

Brent crude, the international benchmark for oil trading, climbed about 2.7 percent to trade at approximately $100.57 per barrel for November delivery contracts, while the US benchmark, West Texas Intermediate (WTI), rose nearly 2 per cent to around $95 per barrel.