News

President Bola Tinubu has nominated former Director-General of the Securities and Exchange Commission (SEC), Lamido Yuguda, as Deputy Governor of the Central Bank of Nigeria (CBN). This was disclosed by the President’s Special Adviser on Information and Strategy, Bayo Onanuga, in a statement on Wednesday in Abuja. However, the appointment must still await Senate confirmation. READ ALSO: Tinubu directs launch …

Nigerians escorted out of Iran by FG ​​officials Some Nigerians were escorted out of Iran by Nigeria’s federal government officials at the embassy in that country. This was confirmed by the Chairman/Chief Executive Officer of the Nigerians in Diaspora Commission (NiDCOM), Hon. Abike Dabiri-Erewa. The confirmation was contained in a terse statement by NiDCOM’s Director of Media, Public Relations and …

The African Democratic Congress (ADC) has launched a platform to mobilize Nigerians at all levels against the All Progressives Congress (APC) by 2027. National Coordinator, Mrs. Lauretta Onuchie, said at a press conference on Wednesday in Abuja, the platform tagged “One ADC Movement” was designed to unite all members of the party across the country. Onuchie explained that the movement …

Nigeria’s currency, the naira, recovered against the American dollar at the official window on Wednesday. Officially, Central Bank of Nigeria (CBN) foreign exchange data shows that the naira closed at N1,376.19/$1, compared with N1,401.40/$1 on Tuesday. This represents a gain of N25.21 in local currency against the dollar. On the black market, the naira lost N25 against the dollar and …

Organizers of the Indian Wells tennis tournament have apologized to Venus Williams and her playing partner Leylah Fernandez after a clerical error before the women’s doubles draw denied the wildcard pair the opportunity to compete. Seven-time Grand Slam champion Williams, 45, was beaten in the opening round of the singles tournament by Diane Parry while Canadian ⁠Fernandez lost to Katerina …

The Economic and Financial Crimes Commission (EFCC) on Wednesday charged a businessman, Ufoma Joseph, for alleged N2.9 billion fraud at the Lagos Special Offenses Court, Ikeja. The defendant was charged along with his company, Intermediate Investment Holdings Ltd., with two counts of obtaining by false pretenses and forgery. EFCC lawyer, Mr Babatunde Sonoiki, told the court that the defendants allegedly …

Investors in the Nigerian equity market lost N107 billion at the close of trading on Wednesday. This follows the fall in the prices of shares such as Presco, UACN, and Morison, among others, on the stock exchange floor. The benchmark All-Share Index (ASI) fell to 125,857.53 points from 196,066.11 points recorded on the previous trading day. After five hours of …

Four student leaders in Ogun State were on Tuesday locked up at the Oba Correctional Center for alleged assault, harassment and destruction of property worth millions of naira. The defendants – Hezakiah Adelola, general secretary of NANS Ogun State chapter, Kamil Iseoluwa, Ibikunle Idris and Folorusho Jacob Olugbenga – have been charged with seven counts of conspiracy, assault, harassment and …

The Kano State Hisbah Committee has arrested two teenagers, Umar Yahaya and Musa Al-Hassan, over an alleged plan to organize a “gay” birthday party during the upcoming Eid-el-Fitr celebration in Kano. The council’s deputy commanding general, Mujahideen Aminudeen, confirmed the arrest in a statement released on Tuesday, March 10, 2026. FG accuses Abuja doctor and pastor of IVF fraud and …

Three Senators on Wednesday dumped the Peoples Democratic Party (PDP) for the All Progressives Congress (APC). The defectors are – Senators Amos Yohanna (Adamawa), Abass Iya (Adawa) and Ikra Bilbis (Zamfara). The defection of the senators was announced in a separate letter read by the President of the Senate, Insha Allah Akpabio, at the plenary session in Abuja. These developments …