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Troops rescue 53 hostages and dismantle ISWAP roadblock in Borno

Soldiers of Operation Hadin Kai dismantled an ISWAP roadblock near Buratai in Borno, freeing 53 trapped civilians and recovering eight vehicles the insurgents had seized.
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Borno shortlists 40 ex-Boko Haram terrorists for army recruitment

The Borno government has put 40 former Boko Haram terrorists forward for Nigerian Army recruitment, alarming officers who question their documents and battlefield loyalty.
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Nigeria’s Central Bank Doubles Down on Inflation Fight

Nigerians are feeling the pinch of rising prices, and the Central Bank is taking decisive action. Governor Dr. Olayemi Cardoso reaffirmed the Monetary Policy Committee's (MPC) commitment to keeping interest rates high to combat inflation. This comes after two significant interest rate hikes in 2024, pushing the benchmark lending rate to a record 24.75%.
Business

Supreme Court Extends Validity of Old and New Naira Notes

Nigeria's Supreme Court has ruled in favor of the indefinite legal tender status of both old and new naira notes, impacting the nation's economy.
Business

JP Morgan Forecasts Naira to Reach N850/$ by Year-End: What It Means for Nigeria

JP Morgan, a renowned global financial services company, has made a prediction that the...
News

Nigeria Faces Naira Pressure, IMF Offers Loan Option

Nigeria’s currency, the naira, is under pressure and the country could seek a loan...

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Troops rescue 53 hostages and dismantle ISWAP roadblock in Borno

Soldiers of Operation Hadin Kai dismantled an ISWAP roadblock near Buratai in Borno, freeing 53 trapped civilians and recovering eight vehicles the insurgents had seized.
News

Borno shortlists 40 ex-Boko Haram terrorists for army recruitment

The Borno government has put 40 former Boko Haram terrorists forward for Nigerian Army recruitment, alarming officers who question their documents and battlefield loyalty.
News

State police push shifts to governors and state lawmakers

After the Senate and House passed the state police bill, Nigeria's 36 state assemblies must now decide whether the long-debated policing reform finally becomes law.
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Nigeria signals fresh review of N70,000 minimum wage

Nigeria's government says it will reassess the N70,000 minimum wage soon, arguing that the figure no longer reflects the rising cost of living nationwide.