News

 Investors submitted ₦3.38 trillion in bids for the one-year Treasury Bill against a ₦500 billion offer, highlighting sustained appetite for long-term government securities despite declining yields.  The CBN lowered the stop rate on the 364-day bill to 17.35...

OHCSF Admits Failure: Esther Didi Walson-Jack concedes her office failed to conduct adequate due diligence before approving recruitment processes for the purported PEAC/PFIPC. Forged Documents Fooled Government: Head of Service says officials relied on fake establishment documents and...

City Boy Movement rejects NDC's demand for the suspension of Lagos CP Tijani Fatai, insisting his attendance at its Lagos inauguration did not amount to political endorsement. Group says the police commissioner was carrying out legitimate security responsibilities,...

Okonjo-Iweala urges China to boost domestic consumption and the United States to restore fiscal discipline, warning that deepening global economic imbalances are fuelling geopolitical tensions. WTO chief says the multilateral trading system remains resilient, with 72% of global...

US launches massive retaliatory strikes: American forces hit multiple Iranian military targets after Tehran fired missiles at US bases in Jordan, with Washington describing the operation as a "powerful response" aimed at degrading Iran's military capabilities. Conflict spreads...

Central Bank of Nigeria Governor Yemi Cardoso says recent economic reforms are rebuilding investor confidence and strengthening Nigeria's resilience. He argues that artificial intelligence, stronger institutions and macroeconomic stability will determine Africa's competitiveness in the evolving global economy. ...

Nigeria Police arrested and extradited a Chinese fugitive wanted for allegedly masterminding the smuggling of about 12 tonnes of endangered tree pangolin scales from Nigeria to China After fleeing China in 2019 and resurfacing in Nigeria years later,...

Police arrest Osun SSG Teslim Igbalaye and five others after an intelligence-led raid on his Osogbo residence, where a wanted suspect was allegedly found. Operatives recover ₦4.81 million, a voter register covering Wards 1–15, two Permanent Voter Cards...

House committee declares the purported appointment letter of the alleged PFIPC Director-General fake after police forensic analysis and verification by the Head of the Civil Service of the Federation. Lawmakers say the so-called Establishment Act used to create...

The NGX reversed Tuesday’s gains as widespread profit-taking erased about ₦648 billion from investors’ wealth, with losers almost doubling gainers. Insurance stocks remained in demand, with Lasaco, NEM and SUNU Assurances leading the gainers despite the broader market...