Senate Grills CBN on Inflation, FX Reforms, Bank Recapitalisation
CBN Governor Olayemi Cardoso defended the bank’s monetary policies before the Senate, highlighting easing inflation, stronger foreign reserves and progress in bank recapitalisation.
Category: EARLIER STORIES
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Nigeria’s Solar Market Soars as Grid Investment Lags — Report
Nigeria is leading sub-Saharan Africa’s small-scale solar expansion, but BloombergNEF warns that poor investment in grid-scale renewable energy is slowing improvements in electricity supply.
Wike’s Infrastructure Push Transforms Nigerian Law School
The Nigerian Law School is receiving major infrastructure upgrades, including new staff housing, expanded learning facilities and digitisation support as part of the FCT Administration’s institutional development drive.
Zenith Bank Wins Africa’s Best Bank and Nigeria’s Best Bank at Euromoney Awards for Excellence 2026
Zenith Bank has secured Africa’s highest banking honour and retained its position as Nigeria’s Best Bank at the Euromoney Awards for Excellence 2026, highlighting its strong financial growth and digital innovation.
NAFDAC Begins Nationwide Sachet Alcohol Crackdown
NAFDAC has commenced nationwide enforcement of the Federal Government’s ban on sachet alcohol and alcoholic beverages packaged in PET bottles below 200ml, warning that violators face seizure, sanctions and possible prosecution.
Navy Hands Rescued Trafficking Victims to NAPTIP
The Nigerian Navy has transferred two rescued victims of suspected human trafficking to NAPTIP after an anti-trafficking operation, reaffirming its commitment to combating organised crime through intelligence-led operations and inter-agency collaboration.
Kano Declares Emergency on Drug Abuse
Kano State Governor Abba Kabir Yusuf has declared a state of emergency on drug abuse, unveiling sweeping measures aimed at combating illicit drug trafficking and substance abuse across the state. The governor signed the Public Safety Emergency on Substance Abuse Executive Order at the Government House in Kano on Wednesday, describing the move as a…
NIHSA Issues Flood Alert for 17 States
The Nigeria Hydrological Services Agency has issued a seven-day flood alert for 17 states, warning that rising river levels could trigger localised flooding and urging residents in high-risk communities to evacuate immediately.
Arokodare Faces Fresh Wolves Disciplinary Storm
Tolu Arokodare is facing fresh uncertainty at Wolverhampton Wanderers after reports alleged he disrupted training following a disagreement with the coaching staff, as transfer speculation linking him with Fiorentina continues.
Inter Miami Land Casemiro on Free Transfer
Inter Miami have completed the signing of Brazil international Casemiro on a free transfer following his exit from Manchester United, with the experienced midfielder signing a deal until 2027 and an option to extend until 2029.