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Naira Stability

PDP demands probe of gifts to INEC officials

The Peoples Democratic Party called Tuesday for a formal investigation into reports that a minister in President Bola Tinubu's cabinet offered land and cash gifts to senior Independent National Electoral Commission officials.

Umahi unveils South-East Former Governors Forum in Enugu

Minister of Works David Umahi launched the South-East Former Governors Forum in Enugu on Tuesday, establishing a cross-party advisory platform to counsel serving governors on zonal and national development issues.

CBN Grants Bureaux de Change Temporary Access to Official FX Market to Bolster Naira

CBN grants Bureaux de Change access to forex market while implementing measures to stabilize the Naira and curb speculation.

World Bank Urges CBN to Halt Ad-Hoc Forex Auctions

The World Bank has advised Nigeria’s Central Bank to end ad-hoc FX auctions and adopt a transparent, structured approach to stabilize the naira, strengthen foreign reserves, and improve liquidity, amidst concerns over rising non-performing loans and currency market volatility.

Tinubu Inherits Economic Crisis, Presidency Defends Policies

Facing critical reports, the Nigerian Presidency clarifies the economic challenges inherited by President Tinubu and the strategic measures implemented for recovery.

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PDP demands probe of gifts to INEC officials

The Peoples Democratic Party called Tuesday for a formal investigation into reports that a minister in President Bola Tinubu's cabinet offered land and cash gifts to senior Independent National Electoral Commission officials.

Umahi unveils South-East Former Governors Forum in Enugu

Minister of Works David Umahi launched the South-East Former Governors Forum in Enugu on Tuesday, establishing a cross-party advisory platform to counsel serving governors on zonal and national development issues.

NCC orders telcos to pay subscribers for outages

The Nigerian Communications Commission ordered mobile operators to automatically compensate subscribers with airtime credits when prolonged or repeated service failures occur, under a new framework effective April 2026.

Williams commissions Tetracore CNG station in Benin City

KEY POINTS Dr. Olakunle Williams commissioned Tetracore Energy Group's new CNG station in Uwusan,...