CBN sets May 1 deadline for IMTOs to adopt naira settlement accounts
The Central Bank of Nigeria (CBN) has directed all International Money Transfer Operators (IMTOs), to route diaspora remittances strictly through designated naira settlement accounts held with authorised dealer banks, as part of renewed efforts to strengthen transparency and liquidity in Nigeria’s foreign exchange market. The new directive, which takes effect from May 1, 2026, is […]
Governor Soludo backs Tinubu for 2027 election, rules out APGA candidate
Governor of Anambra State, Chukwuma Soludo, has declared his intention to support President Bola Ahmed Tinubu in securing a second term in the 2027 presidential election, stating that his position is firm and without apology. The governor made this known shortly after commencing his second term in office, emphasising that his decision is rooted in […]
Fuel price hike not Tinubu’s fault, says Remi Surutu
Veteran Nollywood actress Remi Surutu has defended President Bola Ahmed Tinubu amid mounting public criticism over rising fuel prices, arguing that global economic forces, rather than decisions taken in Nigeria, are largely responsible for the persistent increases in the cost of petrol. Surutu made the remarks while addressing supporters at the launch of EKO57, a […]
FIFA sanctions Nigeria and DR Congo over World Cup play-off infractions
Four months after the contentious 2026 FIFA World Cup African play-off final, FIFA has imposed sanctions on both the Nigeria Football Federation (NFF) and the DR Congo Football Federation following disciplinary breaches during the fixture. The match, held on November 16, 2025, in Morocco, saw DR Congo defeat Nigeria 4–3 on penalties to advance to […]
Court extends El-Rufai’s ICPC detention until March 19 amid corruption probe
Former Kaduna State governor, Mallam Nasir El-Rufai, will remain in the custody of the Independent Corrupt Practices and Other Related Offences Commission (ICPC) until March 19, 2026, as the agency continues its investigation into alleged corruption. The court’s decision allows ICPC additional time to conclude its probe before deciding whether to formally charge him or […]
Five lawmakers defect as APC strengthens majority in House of Representatives
Nigeria’s House of Representatives witnessed another round of political realignments on Wednesday as five lawmakers formally dumped their former opposition parties for the ruling All Progressives Congress (APC) and the Accord Party, a development that further tilts the balance of power in favour of the APC and underscores the growing instability within opposition ranks across […]
Appeal Court upholds ruling stopping INEC from recognising PDP Ibadan convention
The Court of Appeal in Abuja has upheld the judgments of the Federal High Court restraining the Independent National Electoral Commission (INEC) from recognising the outcome of the Peoples Democratic Party’s (PDP) disputed national convention held in Ibadan, Oyo State, last November. In a unanimous decision delivered by a three-member panel led by Justice Uchechukwu […]
Peter Obi joins ADC, vows to challenge Electoral Act 2026 in court
Former presidential candidate of the Labour Party, Peter Obi, has officially registered as a member of the African Democratic Congress (ADC), declaring that he will challenge the newly enacted Electoral Act 2026 in court over concerns that some of its provisions could be used to manipulate the outcome of the 2027 general elections. Obi made […]
Tinubu mourns victims of Boko Haram attack in Borno
President Bola Tinubu has extended his condolences to the families of those killed in a recent terrorist attack on the Ngoshe community in Gwoza Local Government Area of Borno State. The president described the incident as a tragic act of violence against innocent citizens and expressed sympathy to residents affected by the attack carried out […]
Court Grants Malami, wife, son N200m bail over alleged terrorism, money laundering charges
A Federal High Court in Abuja has granted bail to former Attorney General of the Federation, Abubakar Malami, his son Abdulaziz, and his wife Asabe Bashir in the sum of N200 million each over allegations bordering on terrorism financing, unlawful possession of firearms, and money laundering. The presiding judge, Joyce Abdulmalik, ruled that the defendants […]