Tuesday , 10 March 2026

NewsReports

CBN Raises Monetary Policy Rate To 17.5%

  •Says only N370b Stamp Duty collected In its efforts to restrain inflation through monetary tightening, the Central Bank of Nigeria (CBN), has further raised the Monetary Policy Rate (MPR) by 100 basis points to 17.5 percent from 16.5 percent. Speaking at the end of this year’s first meeting of the Monetary Policy Committee, MPC, held in Abuja yesterday, Governor of …

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UPDATED: ‘Unidentified’ Aircraft Bombs Several Vigilantes In Niger State

The raid happened as the vigilantes were preparing to pursue terrorists who attacked their village. Many vigilantes were reportedly killed in an air raid by a yet-to-be-identified aircraft in Galadima Kogo, a community in Shiroro Local Government Area, Niger State, on Tuesday. Several members of the vigilante group, including its leader, were also injured in the bombing, locals said. The vigilante …

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Osinbajo Presides Over FEC Meeting

Vice President Yemi Osinbajo is currently presiding over this week’s Federal Executive Council meeting. The meeting which began at 10:00am is held at the Council Chambers of the Presidential Villa, Abuja. Present are the Secretary to Government of the Federation, Boss Mustapha, the Head of Civil Service of the Federation, Dr Folashade Yemi-Esan and the Chief of Staff to the …

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Buhari Writes Senate, Seeks Confirmation Of Arase As PSC Chairman

President Muhammadu Buhari has written the Senate, seeking the screening and subsequent confirmation of former Inspector- General of Police, Solomon Arase, retd, as chairman, Police Service Commission, PSC. In a letter dated January 20 and addressed to the President of the Senate, Senator Ahmad Lawan, Buhari said he was forwarding the name of Arase, in line with Section 154(1) of 1999 …

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NASS, CBN Battle Over Old Naira Notes’ Deadline

…Extend the deadline to July 31, Senate tells CBN …Reps angry, invite banks’ CEOs today, wants deadline extended to June …Jan 31 deadline for old notes remains – Emefiele The two arms of the National Assembly, the Senate and the House of Representatives, yesterday asked the Central Bank of Nigeria, CBN, to extend the deadline for the usage of old …

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200 Young Unaccompanied Asylum-seekers Missing In UK – Minister

Two hundred children who arrived in the United Kingdom seeking asylum without their parents in the last 18 months are missing, Immigration Minister Robert Jenrick said on Tuesday. Thirteen of them are under 16 and one is a girl, he told parliament, adding that they were mostly Albanians. The Observer newspaper on Sunday said young asylum-seekers were being “kidnapped” by …

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Buhari Inaugurates 13km Lagos Mass Transit Blue Line Rail

Nigeria’s President, Muhammadu Buhari on Tuesday inaugurated the first phase of the Lagos Mass Transit Blue Line Rail Project. The first phase is 13 kilometres stretch from Marina to Mile 2 and has five stations — the Marina Iconic station; National Theatre; Orile-Iganmu; Suru-Alaba and Mile 2. The Blue Line is one of the six metro lines identified in the …

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Lassa Fever Cases Rise To 97 In Edo; Govt Intensifies Campaign To Contain Disease  

With the number of Lassa Fever cases reaching 97 in Edo, the State State Government said it has intensified campaign to curb the spread of the disease, rallying the support and collaboration of all residents to contain the disease and protect citizens across all Edo communities.  Commissioner for Health, Prof. Obehi Akoria, while addressing journalists in Benin City, said the …

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Edo Govt Partners Port Of Antwerp On Benin River Port Project

Edo State Governor, Mr. Godwin Obaseki and members of the Benin River Port (BRP) Project Committee have concluded plans with the Port of Antwerp from Belgium to partner and finalize the Benin River Ports project. The new development emerged from a meeting of the Benin River Port (BRP) Project Committee with the governor and the representatives of the Port of …

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Elections: 3.5 million Registered Students May Not Vote

No fewer than 3.5 million students who registered for  the general elections, and whose polling units are sited in states outside their campusus, may be unable to exercise their franchise. This is because they would be  be holed up in their various campusus during the elections, unable to travel to their polling units. Investigation by Daily Sun reveal that most students backing preffered …

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