CBN (The Central Bank of Nigeria), directed commercial banks to restrict access to certain banking services for large ticket borrowers with non performing loans. Officials took this decisive step on March 12 2026 to safeguard the financial system and strengthen credit discipline. Central Bank Issues Circular Dr Olubukola Akinwunmi Akinniyi signed the circular as director…
Minister of Defence General Christopher Musa addressed journalists on Thursday after a closed-door security meeting with President Bola Tinubu at the Presidential Villa. General Christopher Musa spoke following the briefing that involved top service chiefs and the newly appointed Inspector General of Police Tunji Disu. Musa Counters Media Reports on Casualties General Christopher Musa clarified…
The United States Embassy in Abuja issued a security alert on March 13, 2026, regarding planned demonstrations by the Islamic Movement in Nigeria. The diplomatic mission informed U.S. citizens that the group announced its intention to assemble and march in Abuja and other Nigerian cities on the same day. “The U.S. Embassy in Abuja informs…
The Federal Government approved N4 billion in take-off grants for two new tertiary institutions. It allocated N2 billion each to the Bola Ahmed Tinubu Federal Polytechnic in Abuja and the Federal University of Science and Technology in Epe, Lagos State. The funds aimed to accelerate early operations. Education Minister Dr Tunji Alausa announced the approval…
Lagos State Governor Babajide Sanwo-Olu inaugurated major electrification projects in Badagry on Wednesday. He commissioned the works to tackle longstanding power shortages in the border communities. The move formed part of broader efforts to strengthen the state’s energy sector. Sanwo-Olu unveiled three high-capacity tower crossings. He also commissioned rehabilitated 33-kilovolt distribution lines along the Gbaji-Seme…
NASA announced March 12 that the space agency targeted April 1 for the launch of its Artemis 2 mission. Officials selected the date after they completed a flight readiness review. The mission represented the first time humans traveled beyond low Earth orbit since 1972. Launch Date Announcement NASA Moon to Mars program manager Dr. Lori…
NiMet (The Nigerian Meteorological Agency), issued a public health alert on Friday. NiMet identified Sokoto, Zamfara, and Kebbi states as high-risk zones for meningitis outbreaks. The agency based its assessment on current weather patterns across the region. Weather Conditions Drive Risk NiMet linked the elevated threat to persistent hot and dry conditions. The agency noted…
Buba Galadima, a senior chieftain of the New Nigerian Peoples Party (NNPP), proposed that Britain should recolonize Nigeria. He made this suggestion during an appearance on a program aired by the African Independent Television (AIT) network. Galadima framed the proposal as a necessary response to the country’s deteriorating security and governance conditions. Galadima’s Rationale Galadima…
NNPCL (The Nigerian National Petroleum Company Limited), reduced the pump price of petrol at its retail outlets. The company set the new rate at N1,130 per litre in Lagos. It also fixed the price at N1,165 per litre in Abuja. This change took effect on Wednesday. Motorists See Significant Savings Motorists previously paid N1,230 per…
The Federal Government introduced collateral-free loans to help smallholder farmers increase production. Officials opened the FarmerMoni portal under the Renewed Hope Government Enterprise and Empowerment Programme in February 2026. National Programme Manager for the Government Enterprise and Empowerment Programme Hamza Ibrahim Baba announced the launch on February 11 in Abuja. He confirmed that the scheme…
