The Central Bank of Nigeria (CBN) has announced the establishment of a dedicated Compliance Department to provide stronger supervision of non-prudential risks across the financial sector. According to a circular issued to financial institutions on Thursday, the unit was created in the first quarter of 2025 and became fully operational in the second quarter. The […]
Former Lagos State Governor, Akinwunmi Ambode, has declared his intention to contest the 2027 governorship election in Lagos State while pledging full support for the re-election of President Bola Tinubu. Ambode made the announcement in Badagry during a sensitisation programme on Permanent Voter Card (PVC) registration. He was represented at the event by Dr. Seyi […]
The Sokoto State Government has rolled out a relief package worth N69.75 million alongside 210 bags of rice to support families affected by recent banditry attacks in Kware and Gwadabawa Local Government Areas. Governor Ahmed Aliyu, who led a government delegation on a condolence visit on Friday, described the killings as “unfortunate and inhumane,” stressing […]
The U.S. economy added just 22,000 jobs in August, marking one of the weakest monthly performances in years and fueling concerns that the labour market is losing steam. According to figures released Friday by the U.S. Bureau of Labour Statistics (BLS), the unemployment rate rose to 4.3%, its highest level since 2021. The report […]
U.S. immigration authorities have detained hundreds of workers, including a large number of South Korean nationals, during a sweeping raid at the Hyundai–LG Energy Solution battery plant construction site in Georgia. The raid, carried out on Thursday by Immigration and Customs Enforcement (ICE) and Homeland Security Investigations (HSI) with support from federal and state agencies, […]
The Kogi State Police Command says it has arrested a 23-year-old woman, Charity Williams, during a raid on a suspected criminal hideout in Oguda village, Okene Local Government Area. In a statement on Thursday, Police Public Relations Officer, SP William Aya, said the operation followed intelligence that led officers attached to the Okene Division to […]
The family of a 35-year-old Microsoft engineer, Pratik Pandey, who died while working late at the company’s Mountain View office, has raised alarm over the growing culture of overwork in the tech industry. Pandey, originally from Indore, India, was discovered face down in a campus courtyard at around 2 a.m. on August 20. According to […]
Tesla has unveiled a proposed compensation package for Chief Executive Officer Elon Musk that could be worth up to $1 trillion, a deal that would be the largest in corporate history and potentially make him the world’s first trillionaire. According to details released on Friday, the package is structured around a series of ambitious […]
A former Attorney-General of Anambra State, Nnoruka Udechukwu, SAN, has warned that granting governors full control of state police would open the door to widespread abuse of power, political oppression, and insecurity, citing lessons from Nigeria’s history. Speaking in an interview, Udechukwu argued that the debate over state police, though seemingly straightforward, has been complicated […]
The World Health Organization (WHO) has lifted the global health emergency status for mpox, citing a sustained decline in infections and deaths across several affected countries. WHO Director-General Dr. Tedros Adhanom Ghebreyesus announced the decision on Friday after an expert committee advised that the outbreak no longer meets the criteria for a “public health […]
