By Ayomide Otitoju The Central Bank of Nigeria (CBN) has authorised licensed Bureau De Change (BDC) operators to participate in the Nigerian Foreign Exchange Market (NFEM) to boost foreign exchange liquidity in the retail segment and meet legitimate end-user demand. A circular signed by Musa Nakorji, Director of the Trade and Exchange Department, permits all…
By Ayomide Otitoju The Nigeria Revenue Service (NRS) has reported generating ₦28.3 trillion in revenue as of December 2025, marking a growth of over 30 per cent compared to ₦25.5 trillion collected in 2024. Mrs. Amina Kurawa, Executive Director for Government and Large Taxpayers, disclosed the figures during a staff retreat, noting that the bulk…
By Ayomide Otitoju Gunmen have abducted 15 passengers along the Utonkon–Okpoga Road in Benue State, authorities confirmed. The incident occurred around 7 p.m. on Monday in the Utonkon axis of Ado Local Government Area, targeting a commercial bus travelling from Utonkon to Okpoga in Okpokwu Local Government Area. The bus, carrying 16 passengers who had…
By Ayomide Otitoju Former Vice President Atiku Abubakar and Oyo State Governor Seyi Makinde held a closed-door meeting with former Military President General Ibrahim Badamasi Babangida (rtd.) on Tuesday at his hilltop residence in Minna, Niger State. Speaking to journalists after the meeting, Atiku said his visit was focused on strengthening the structures of the…
By Ayomide Otitoju Dangote Petroleum Refinery has reduced the gantry price of Premium Motor Spirit (PMS) by ₦25 per litre, lowering the ex-depot rate from ₦799 to ₦774 per litre. The adjustment was conveyed in a notice issued by the refinery’s Group Commercial Operations Department to marketers, stating that the new price takes immediate effect….
By Ayomide Otitoju The National Agency for Food and Drug Administration and Control (NAFDAC) has confiscated over 10 million doses of counterfeit malaria drugs and cosmetic products valued at about ₦3 billion from the Trade Fair Market in Lagos. NAFDAC’s Director of Investigation and Enforcement, Dr. Martins Iluyomade, disclosed this on Monday during a briefing…
By Ayomide Otitoju The Senate on Monday hailed the Court of Appeal’s decision upholding the suspension of Kogi Central Senator Natasha Akpoti-Uduaghan as a strong affirmation of parliamentary autonomy and the doctrine of separation of powers. In a unanimous judgment delivered by a three-member panel in appeal number CA/ABJ/CV/1107/2025, the appellate court ruled that Akpoti-Uduaghan’s…
By Ayomide Otitoju Human rights activist Aisha Yesufu on Tuesday renewed her call for mandatory real-time electronic transmission of election results, as she criticised the deployment of soldiers to a protest at the National Assembly in Abuja. Yesufu spoke at the protest ground where demonstrators gathered under the “Occupy National Assembly” campaign to oppose the…
Editor Ayomide Otitoju Identy.io, a global biometric authentication technology company specialising in secure, mobile-first identity verification, has announced plans to expand its operations across Africa, with an initial focus on Kenya and Nigeria. The expansion is aimed at strengthening the company’s service offerings in key African markets and supporting the growing demand for digital identity…
