By David Oluwatosin The Osun State House of Assembly has given unanimous backing to the proposed constitutional amendment for the establishment of State Police Services, becoming the first state legislature to approve the bill since its transmission by the National Assembly. The development marks the beginning of the state-legislature stage of the constitutional amendment process,…
Nigeria’s air passenger traffic rose by 11.9 per cent year-on-year to more than 18.8 million domestic and international passengers in 2025, making the country the fourth-largest aviation market in Africa. The Managing Director and Chief Executive Officer of the Federal Airports Authority of Nigeria (FAAN), Mrs Olubunmi Onabanjo-Kuku, disclosed this at the ACI Africa Regional…
…Move could boost economy – CPPE By Seun Ibiyemi The Central Bank of Nigeria (CBN) has cut its benchmark interest rate by 350 basis points, reducing the Monetary Policy Rate (MPR) from 26.5 per cent to 23 per cent, as the apex bank announced that the country’s foreign reserves had risen to $55 billion. The…
By Seun Ibiyemi The Centre for the Promotion of Private Enterprise (CPPE) has said the Central Bank of Nigeria’s 350-basis-point reduction in the Monetary Policy Rate (MPR) could ease the Federal Government’s domestic borrowing costs and create additional fiscal space for development spending. The CBN’s Monetary Policy Committee (MPC) reduced the MPR from 26.5 per…
By Seun Ibiyemi The Nigeria Security and Civil Defence Corps (NSCDC), Lagos State Command, has arrested two women over the alleged production of adulterated “Barkas Juice” at an illegal factory in Badagry, Lagos State. The suspects, aged 48 and 50, were arrested during an operation conducted by NSCDC operatives between Saturday, September 19 and Sunday,…
By Seun Ibiyemi President Bola Ahmed Tinubu has called for a stronger continental alliance among African countries to end the export of raw minerals and accelerate local processing, manufacturing and value addition across the continent. Tinubu made the call on Monday in New York, United States, while declaring open the Africa Minerals Strategy Group (AMSG)…
The Nigerian Air Force (NAF) has advanced its planned acquisition of 12 AH-1Z Viper attack helicopters from Bell Textron in the United States, in a move aimed at expanding Nigeria’s air combat and security capabilities. The latest development followed a beam signing ceremony held at Bell Textron’s facility in Amarillo, Texas, as part of the…
The Nigeria Labour Congress (NLC) and civil servants under the Joint National Public Service Negotiating Council (JNPSNC), Trade Union Side, have demanded a new minimum wage of N500,000 and a reduction in the pump price of petrol to N500 per litre as measures to cushion the worsening cost-of-living crisis. The workers made the demands in…
By David Oluwatosin Former Vice President and African Democratic Congress (ADC) presidential candidate, Atiku Abubakar, has questioned who is constitutionally exercising presidential powers as President Bola Ahmed Tinubu extends his working vacation abroad. The Presidency announced on Monday that Tinubu had extended his working vacation by a few days and would return to Nigeria over…
Minister of the Federal Capital Territory (FCT), Nyesom Wike, has dismissed claims that the Rainbow Coalition could undermine President Bola Tinubu’s 2027 re-election bid, saying the initiative is intended to mobilise support for the President across political parties. Wike made the clarification during a live interview on TVC on Monday night, insisting that Tinubu understands…
