Public Funds Usage: “Hold Govs., LGs accountable, don’t bombard me alone” – Tinubu urges Media

Asiwaju on Public Funds

President Bola Tinubu has urged Nigerian media executives to extend their scrutiny beyond the Federal Government and hold state governors and local government authorities accountable for the use of public funds. The President made the call on Friday, during an interfaith breaking of fast he hosted for media proprietors, editors, and executives at the Presidential Villa in Abuja. The event brought together leaders from the Newspaper Proprietors’ Association of Nigeria (NPAN), the Nigerian Guild of Editors (NGE), and the Broadcasting Organisations of Nigeria (BON). Tinubu highlighted his administration’s reforms to…

Read More

FAAC distributes ₦1.894tr for February

FAAC distributes

The Federation Account Allocation Committee (FAAC) has shared a total of ₦1.894 trillion as Federation Account revenue for February 2026 among the federal, state and local governments. The development was disclosed in a statement issued on Friday by the Director of Press and Public Relations in the Office of the Accountant-General of the Federation, Bawa Mokwa. According to the statement, the revenue was distributed during the March 2026 FAAC meeting held in Abuja. The total distributable revenue of ₦1.894 trillion comprised ₦1.274 trillion from statutory revenue and ₦619.119bn from Value-Added…

Read More

Tinubu transfers Snake Island port terminal to Chagoury for 45yrs

Tinubu transfers port to Chagoury

Eko Hotel owner and President Bola Tinubu’s longtime ally, Gilbert Chagoury, has got  another multimillion-dollar deal in Nigeria through his ITB construction company, which has been contracted to build the Snake Island Port container terminal in Lagos State. To decongest overloaded terminals in Lagos, the Nigerian maritime company, Nigerdock awarded the development of a new shipping terminal to Swiss shipping giant MSC Group, via a $1 billion concession agreement spanning 45 years. While MSC Group will operate the terminal for the duration of the concession, ITB Construction Nigeria Limited and…

Read More

CBN limits mobile banking apps to one device per customer, to curb fraud

CBN on mobile banking

The Central Bank of Nigeria (CBN) has introduced new regulations aimed at strengthening the security of mobile banking and instant payment services, including a policy that restricts each banking application to a single device per customer. The new directive, which takes effect on July 1, 2026, was contained in a circular issued to banks, financial institutions, and payment service providers by the apex bank’s Payments System Policy Department, and signed by its Director, Musa Jimoh. Under the new framework, customers will no longer be able to operate the same mobile…

Read More

‘63% poverty rate Tinubu’s true economic scorecard’ – ADC

ADC on Tinubu scorecard

The African Democratic Congress (ADC) has described reports indicating that Nigeria’s poverty rate has risen to 63% following the removal of petrol subsidy as the real scorecard of President Bola Tinubu’s administration. The party said the figures represent the direct consequences of what it called the Government’s ill-defined neoliberal economic policies and a reflection of the deepening economic hardship confronting millions of Nigerians. In a statement issued on Friday by the National Publicity Secretary, Bolaji Abdullahi, the ADC said the latest report confirms what citizens across the Country have been…

Read More

Petroleum Sector: Tinubu sets up Task Force to drive new reforms

Defence Min. urges Nigerians2

President Bola Tinubu has approved the establishment of a ‘Presidential Petroleum Reform and Value-Optimisation Task Force, to drive the next phase of structural reforms in Nigeria’s petroleum sector. The development was disclosed in a statement issued by the President’s Special Adviser on Information and Strategy, Bayo Onanuga. According to the statement, the Task Force will be chaired by Fola Adeola, co-founder of Guaranty Trust Bank (GTBank) and founder of FATE Foundation. He will coordinate the activities of the team and ensure the timely delivery of its mandate. Other members of…

Read More

Ogun: Govt. engages Fulani leaders to strengthen peace, security

Ogun govt. engages Fulani

The Ogun State government has convened a strategic security meeting with Fulani leaders, security agencies, and other critical stakeholders as part of efforts to strengthen peace and prevent potential security threats across the state. Special Adviser to the Governor on Security, AIG Olusola Subair, a retired Assistant Inspector General of Police (rtd), conveyed the meeting held in Abeokuta, Ogun State capital. The meeting brought together security service chiefs, security consultants, representatives of local government chairmen, traditional Fulani leaders (Serikis), and representatives of the Miyetti-Allah group. Subair, speaking at the meeting…

Read More

Muslim group accuses US, Israel of backing separatism in Nigeria

Muslim group accusesUS, Israel

…Warns of civil war risk The Executive Chairman of the Muslim Public Affairs Centre (MPAC), Disu Kamor, has alleged that the United States and Israel are pursuing a “divide and conquer” strategy aimed at destabilizing Nigeria by exploiting ethnic and religious tensions. In a strongly-worded opinion article published yesterday, Kamor argued that foreign powers are increasingly amplifying separatist narratives and misinformation that could deepen divisions in the country and potentially trigger widespread conflict. Central to the argument is the role of the Indigenous People of Biafra (IPOB), a group banned…

Read More