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The Central Bank of Nigeria (CBN) has issued a directive mandating that all Point of Sale (PoS) terminals across the country be geo-tagged within the next 60 days as part of a sweeping effort to combat fraud and tighten oversight of digital payments. In a statement dated August 26, 2025, and obtained by our correspondent, […]
The Lagos State Independent Electoral Commission has refuted claims that it failed to pay ad hoc staff who worked on the July 12 Local Government Elections. In a statement, LASIEC’s Head of Public Affairs, Mr. Tope Ojo, said all duly verified staff were paid according to the established schedule, with payments completed within the […]
Sweden has named Alexander Isak in their squad for the upcoming World Cup qualifiers against Slovenia and Kosovo, despite the striker’s ongoing standoff with Newcastle United. The 25-year-old has not featured for the Magpies this season and is currently training away from Eddie Howe’s first team after accusing the club of breaking promises made to […]
The Peoples Democratic Party (PDP) caucus in the House of Representatives has urged President Bola Ahmed Tinubu, to urgently respond to the deepening hardship facing millions of Nigerians. Addressing newsmen in Abuja after an emergency meeting on Monday, the opposition lawmakers decried what they described as the unbearable living conditions across the country, saying that […]
Nigerian cryptocurrency exchanges have regained access to the country’s formal banking network, marking a significant milestone in the nation’s digital finance landscape. This development follows the Securities and Exchange Commission’s (SEC) issuance of Approval-in-Principle to Busha and Quidax in August 2024, granting them legal recognition as crypto trading platforms. Prior to this regulatory shift, Nigerian […]
STATEHOUSE PRESS RELEASE President Bola Ahmed Tinubu has pledged to fast-track Nigeria’s development through technology and food security, aligning with the success models of emerging economies like Brazil. Speaking on Tuesday when he met with a cross section of Nigerians resident in Brazil, President Tinubu emphasized his administration’s commitment to transformation through innovation, reform, and […]
Fitch Ratings has projected that while most Nigerian banks are likely to exit regulatory forbearance by the end of 2025, a select group of institutions may continue to operate under these regulatory accommodations into 2026. Banks extending beyond the forbearance period would face strict restrictions, including limitations on dividend payments, executive bonuses, and foreign investments. […]
The Yobe State Government has commenced the relocation of 250 households from Garin Kolo in Nangere Local Government Area following severe floods that destroyed homes and polluted water sources. The exercise, launched on Tuesday under the directive of Governor Mai Mala Buni, is part of efforts to safeguard the lives and dignity of affected families. […]
Nigeria’s Minister of Steel Development, Prince Shuaibu Audu, has disclosed that the country loses over $4 billion in foreign exchange every year to imported steel products. He made this revelation at the 2025 Engineering Conference, Annual General Meeting, Award Night, and Induction Ceremony organised by the Nigerian Society of Engineers (NSE), Bwari Branch. […]
Edo State marked its 34th anniversary on Tuesday, August 27, 2025, with Governor Monday Okpebholo leading celebrations that paid tribute to the state’s founding fathers and called for unity among its people. The milestone offered an opportunity to reflect on Edo’s journey since its creation in 1991 and to highlight both its achievements and ongoing […]
