KEY POINTS
The Central Bank of Nigeria retained the benchmark interest rate at 26.5% after the MPC’s 305th meeting.
The decision comes amid a slight rise in Nigeria’s inflation rate from 15.38% to 15.69% in April 2026.
Analysts say the move reflects the CBN’s...
KEY POINTS
Peter Obi was cleared by the NDC screening committee to contest its 2027 presidential primary.
The committee confirmed he met all constitutional and party requirements after a detailed vetting process.
He currently appears to be the sole presidential aspirant in the NDC...
The presidency has pushed back on claims that President Tinubu has neglected the North West, listing a $2 billion Kano-Maradi rail project and other investments.
United Bank for Africa's total assets have crossed 33 trillion naira as Tony Elumelu's pan-African lender sustained earnings momentum into the first quarter of 2026.
Atiku Abubakar, Peter Obi and other opposition leaders met in Ibadan and vowed to field one candidate against President Tinubu in 2027, sparking sharp reactions.
Senate President Godswill Akpabio has rallied the upper chamber behind Tinubu's $516 million superhighway loan, ordering a committee to conclude its review in one week.
President Tinubu has shut down Senate lobbying for automatic 2027 tickets, instead handing APC primaries authority to state governors who now control incumbent lawmakers' fates.
Atiku Abubakar and economists have pushed back on President Tinubu's $516 million loan request to build sections of the Sokoto-Badagry Super Highway, citing debt concerns.
Florida state representative Kimberly Daniels has accused Bello Matawalle, Nigeria's minister of state for defense, of pressuring US officials to counter her insecurity report.