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Tension Erupts in House of Representatives Over ₦16 Trillion CBN Probe

  • December 10, 2025
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  A dramatic scene unfolded in the House of Representatives on Wednesday as lawmakers clashed bitterly over a motion to investigate the Central Bank of Nigeria (CBN) for allegedly failing to remit a staggering ₦16 trillion in federal revenues. The usually orderly chamber quickly descended into shouting, arguments, and near physical confrontation as members disagreed […]

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Nigeria Launches Major Revenue Centralisation Reform, Biggest Overhaul Since TSA

  • December 10, 2025
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  Nigeria has introduced a sweeping reform to centralise all federal revenue collections, marking the most ambitious upgrade to public finance management since the Treasury Single Account (TSA) was created nearly a decade ago. The initiative, unveiled by the Office of the Accountant-General of the Federation, brings together key government financial systems — including the […]

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Cross River Assembly Removes Bekwarra LGA Chair, Theresa Ushie, Over Alleged Misconduct

  • December 10, 2025
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  The Cross River State House of Assembly has removed the Chairman of Bekwarra Local Government Council, Hon. Theresa Ushie, following findings of gross misconduct, abuse of office, and financial irregularities. The decision came after lawmakers adopted the report of the Committee on Judiciary and Public Petitions, which had earlier been mandated to investigate a […]

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President Tinubu Orders Immediate Withdrawal of Police Escorts Attached to Ministers

  President Bola Ahmed Tinubu has directed the immediate withdrawal of police escorts attached to serving ministers and other top government officials, in what appears to be a sweeping reform of security resource allocation within the Federal Government. Presidency sources confirmed on Wednesday that the directive was issued to the Inspector General of Police (IGP), […]

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ECOWAS Warns of Global Power Rivalry, Emerging AI Threats to West Africa

  The Economic Community of West African States (ECOWAS) has raised fresh concerns over rising global power struggles and the growing influence of artificial intelligence (AI), warning that both trends pose significant risks to peace and stability across the region. Speaking at the closing of the two-day 55th Session of the Mediation and Security Council […]

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INEC Records Over 18,000 Fresh Voter Registrations in Ondo as CVR Nears Completion

  • December 10, 2025
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The Independent National Electoral Commission (INEC) in Ondo State has announced that 18,045 new voters have been added to the state’s voters’ register between August and December 2025. The disclosure was made by the Resident Electoral Commissioner (REC), Mrs. Oluwatoyin Babalola, during a stakeholder meeting with political party leaders and civil society groups on Tuesday […]

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Foreign Investors Flock Back to Nigerian Equities After FX Reset

  • December 10, 2025
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Foreign portfolio investors are steadily returning to Nigerian equities following a broad reset of the country’s foreign-exchange management framework, a shift that has restored transparency to the FX market and improved investor confidence after years of instability.   Fresh market data from the Nigerian Exchange (NGX) indicate that offshore funds have re-emerged as net buyers […]