N’East attacks: Defence Minister urges Nigerians not to lose hope

Aminu Imam
Defence Min. urges Nigerians

…As Tinubu approves more equipment for military  Security Chiefs have briefed President Bola Tinubu on the ongoing fight against terrorism and banditry across the country, as the Federal Government moves to strengthen military operations following a recent surge in attacks in the North-East. The closed-door meeting, held on Thursday at the Presidential Villa in Abuja, was attended by top security officials led by the Minister of Defence, Christopher Musa, alongside the National Security Adviser, Nuhu Ribaɗu, the Inspector-General of Police, Tunji Disu, and Heads of the armed forces and intelligence…

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Petrol: Again, Ɗangote increases price to ₦1,175/litre

Aminu Imam
Dangote increases petrol price

Ɗangote Refinery has revised its petrol price back to ₦1,175 per litre hours after it reduced the price of the product. The increase has resulted in depot operators across the country pausing their sales temporarily. The refinery had previously lowered the ex-depot price of Premium Motor Spirit (PMS), also known as petrol, by ₦100, bringing it to ₦1,075 per litre on March 10, 2026, reduced from the earlier price of ₦1,175 per litre. Depot operators, who had started selling at an average price of ₦1,100 per litre, immediately paused their…

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CBN blacklists all loan defaulters from banking services

Aminu Imam
CBN blacklists

The Central Bank of Nigeria (CBN) has issued a directive to commercial banks to restrict access to credit facilities for large-ticket obligors who are in default. The CBN announced the development in a circular issued to banks. According to the circular, the restriction aims to promote a sound financial system, protect depositors, and enhance prudential compliance within the banking sector. The circular reads: “In furtherance of its mandate to promote a sound financial system, protect depositors, and enhance prudential compliance within the banking sector, the Central Bank of Nigeria (CBN)…

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Alleged ₦1.35bn fraud: Court to re-arraign ex-gov. Lamiɗo, sons April 1

Aminu Imam
Sule Lamido, sons on fraud

The Federal High Court in Abuja has fixed April 1 for the fresh arraignment of a former governor of Jigawa State, Sule Lamiɗo, over an alleged ₦1.3 billion corruption charge filed against him by the Economic and Financial Crimes Commission (EFCC). Lamiɗo is expected to be arraigned alongside his two sons, Aminu and Mustapha, who are accused of participating in the alleged fraud through fictitious contract awards. Justice Peter Odo Lifu fixed the date yesterday, following the absence of the defendants in court. Although the fresh arraignment was scheduled to…

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FG approves ₦4bn for new Tinubu Polytechnic in Abuja, Epe varsity

Aminu Imam
FG approves Tinubu Poly2

The Federal Government has approved ₦2bn each as take-off grants for the Bola Ahmed Tinubu Federal Polytechnic in Abuja and the Federal University of Science and Technology, Epe in Epe, Lagos State, as part of efforts to support their early operations. Minister of Education, Dr. Tunji Alausa, disclosed this on Thursday during the inauguration of key officials appointed to lead the two institutions. Among those inaugurated were Prof. Nosiru Onibon, who will serve as the pioneer Rector of the Bola Ahmed Tinubu Federal Polytechnic, Abuja; Prof. Adeola Oshikoya, appointed Vice-Chancellor…

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Plateau: “We’re not Miyetti-Allah” — Fulani Christians

Aminu Imam
Plateau Fulani Christians

…Denounce terrorist links The Fulani Christian Association of Nigeria (FCAN) has firmly rejected any connection with two prominent Fulani socio-cultural groups recently mentioned in discussions about security concerns in Nigeria. Speaking during a gathering in Miango community of Bassa local government area, Plateau State, the association said it should not be linked to the activities or positions of the Miyetti-Allah Kautal-Hore or the Miyetti-Allah Cattle Breeders Association of Nigeria (MACBAN). The clarification followed reports that the United States Congress recently classified the two organisations as terrorist groups. Chairman of FCAN,…

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‘FG initiates collateral-free loan for farmers’ – NOA 

Aminu Imam
NOA on farmers loan

The Federal Government has introduced a new collateral-free loan scheme aimed at supporting smallholder farmers across the country. The initiative was announced via the official website of the National Orientation Agency (NOA). According to official sources, the initiative is designed to provide easier access to funding for farmers who often struggle to obtain credit from traditional financial institutions, thereby improving agricultural productivity, strengthening national food security, and increasing the income of rural farmers. Through the scheme, eligible farmers will be able to access funds without providing physical collateral, a major…

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‘Petrol subsidy removal pushes 63% of Nigerians below poverty line’ — Report

Aminu Imam
Nigerians below poverty line report

About 63 percent of Nigerians fell below the poverty line following the removal of petrol subsidy, according to a new study presented at a stakeholders’ dialogue organised by the Agora Policy in Abuja. The research, presented by a University of Abuja economist, found that the national poverty rate rose from about 49.8% to roughly 63% after the subsidy removal announced by President Bola Tinubu in May 2023. With the introduction of social protection measures such as cash transfers, the rate later moderated to about 56.2%. The study attributed the surge…

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H’Reps amend Electoral Act, proposes ₦10m fine, jail term for dual party membership

Aminu Imam
H'Reps amend Electoral Act

The 10th House of Representatives has moved to crack down on political cross-carpeting by amending the Electoral Act 2026 to criminalise dual membership of political parties. The lower legislative chamber passed the amendment during yesterday’s plenary. Under the new provision, individuals found guilty of belonging to more than one political party at the same time will face a fine of ₦10 million and a maximum prison term of two years. The amendment introduces three new subsections to section 77 of the Electoral Act 2026, which deals with political party membership…

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Naira hits ₦1,401/$ amid global tensions

Aminu Imam
Naira forex rate

…Analysts warn of FX volatility The Naira traded at ₦1,401.4 per dollar at the official foreign exchange (FX) market on Tuesday, marking a 4.09% depreciation over the past three weeks from ₦1,346.32/$ on February 20. Data from the Nigerian Foreign Exchange Market (NFEM) showed that the local currency crossed the ₦1,400/$ threshold on Monday, trading at ₦1,405.62/$. This is the first time the naira has hit this level since January 27, when it traded at ₦1,401.2/$. At the parallel market, the naira weakened slightly by 0.70%, moving from ₦1,430/$ on…

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