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The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) on Wednesday decided to maintain the Monetary Policy Interest Rate (MPR) at 26.5%. This is part of the decision taken at the 305th MPC meeting which was attended by 11 members. The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, who announced the decision at the …

Post views: 33 By Akeem Busari The recent attempt by some politically motivated blogs and actors to sensationalise the alleged invitation and interrogation of the President of the Kogi State Basketball Association and founder of the Confluence Kings, Dr Mustapha Abdullahi, by the EFCC is unfortunate, irresponsible and clearly agenda driven. Beyond the obvious desperation to create controversy, what …

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The Nigerian Navy says it has intensified operations against crude oil theft and illegal refining activities in the Niger Delta, leading to the recovery of about 531,500 liters of illegally refined petroleum products in the first quarter of 2026. The campaign against crude oil theft, conducted under Operation Delta Sentinel, also led to the dismantling of 12 illegal refining sites …