Uncategorized Archives - Page 38 of 41

CBN Cuts Interest Rate To 26.5%, Lowest Since May 2024

NewsDeskNgFeb 24, 2026February 24, 20260

CBN has reduced the benchmark interest rate from 27% to 26.5%, the lowest since May 2024. The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has reduced the country’s benchmark interest rate from 27 percent to 26.5 percent, signaling a shift in monetary stance amid evolving economic...

Flights Resume As FAAN Reopens Lagos Airspace, Activates Remote Tower After Terminal Fire Containment

NewsDeskNgFeb 24, 2026February 24, 20260

FAAN restores Lagos airport operations, deploying remote tower after MMIA Terminal 1 fire was contained. The Federal Airports Authority of Nigeria (FAAN) has reopened Lagos airspace following a brief closure due to a fire at Terminal 1 of Murtala Muhammed International Airport. Henry Agbebire, FAAN’s director of public affairs, confirmed...

Tinubu Declares Nigeria Out Of Economic And Security Crisis At Interfaith Iftar With Governors

NewsDeskNgFeb 24, 2026February 24, 20260

Tinubu says Nigeria has exited crisis, promises state police, urges unity as governors praise inclusive leadership. President Bola Tinubu, last night, held an interfaith breaking of fast with governors across political divides, with a declaration that Nigeria was out of the woods, although the best was yet to come. Tinubu...

Tinubu Hosts Governors To Ramadan Iftar At Presidential Villa

NewsDeskNgFeb 24, 2026February 24, 20260

Sani, Zulum, Yusuf, Abiodun, Uzodimma, others in attendance as Tinubu convenes governors, cabinet members for Ramadan Iftar at Presidential Villa. President Bola Tinubu on Monday evening hosted state governors to a Ramadan Iftar dinner at the State House, Abuja, continuing his annual tradition of breaking fast with political leaders during...

EFCC Nabs 20, Seizes N17m Over Alleged Vote Buying In FCT Polls

NewsDeskNgFeb 23, 2026February 23, 20260

EFCC operatives detain suspects across FCT for vote buying, seize over N17 million cash. Operatives of the Economic and Financial Crimes Commission (EFCC) on Saturday, February 21, 2026, arrest 20 suspects over alleged electoral offences during the just-concluded Federal Capital Territory (FCT) local government elections. According to the commission, the...

Adeleke’s Spokesman Blames Oyetola For Alleged N13.7bn Payroll Fraud

NewsDeskNgFeb 23, 2026February 23, 20260

Osun government says audited payroll predates Adeleke, insisting alleged N13.7 billion fraud occurred under previous APC administration. The spokesperson to Governor Ademola Adeleke of Osun State, Mallam Olawale Rasheed, has insisted that any payroll fraud found within the Osun State civil service system was committed during the administration of former...

Travel Disrupted After Fire At Lagos Airport Terminal 1

NewsDeskNgFeb 23, 2026February 23, 20260

Fire breaks out at Terminal 1 of Murtala Muhammed International Airport Lagos; no casualties reported as authorities work to contain blaze. A fire outbreak has disrupted operations at Terminal One of Murtala Muhammed International Airport (MMIA) in Lagos after flames engulfed sections of the fourth and fifth floors. The blaze...

El-Rufai Seeks N1bn In Damages Over Alleged Unlawful Search Of Abuja Home By ICPC

NewsDeskNgFeb 23, 2026February 23, 20260

Former Kaduna governor Nasir El-Rufai files N1bn rights suit, challenges warrant, demands damages over alleged unlawful Abuja home search. Former Kaduna State Governor Nasir El-Rufai has instituted a N1 billion fundamental rights enforcement suit against the Independent Corrupt Practices and Other Related Offences Commission (ICPC), challenging what he described as...

Plateau Mining Tragedy: Fayemi Says Deaths ‘Entirely Preventable’

NewsDeskNgFeb 23, 2026February 23, 20260

Fayemi says Plateau mine disaster preventable, reveals he shut site down in 2017 and operators arrested when he was solid minerals minister. Former Ekiti State governor, Kayode Fayemi, has reacted to the deadly mining incident in Plateau State, describing the loss of lives as avoidable and revealing that the site...

Yakubu: Tinubu’s Executive Order On Oil Revenue Remittances Upholds Constitutional Fidelity, Not Executive Overreach

NewsDeskNgFeb 23, 2026February 23, 20260

Budget Office DG Tanimu Yakubu says Executive Order 9 enforces constitutional revenue rules and is not executive lawmaking. The Director-General of the Budget Office of the Federation, Tanimu Yakubu has defended Executive Order 9 (EO9), insisting that the directive signed by President Bola Tinubu does not amount to executive lawmaking...