BY FRONTLINE REPORTERS The Central Bank of Nigeria (CBN) slowed naira appreciation at the official window and mopped up about $190 million from the local currency market last week. The local currency had appreciated speedily at the official window, but the exchange rate retreated for the last three trading sessionsContinue Reading
BY GODWIN OBI Uncertainty has gripped key institutions in Nigeria’s oil and gas sector following a new executive order by President Bola Tinubu, directing the immediate reallocation of oil and gas revenues to the Federation Account for distribution among the three tiers of government. Investigations by Frontline Reporters indicate thatContinue Reading
BY JAMES AKINOLA The Independent National Electoral Commission (INEC) has declared winners in Saturday’s area council elections in the Federal Capital Territory (FCT) and by-elections in Rivers and Kano states, with the All Progressives Congress (APC) recording significant victories. FCT Results In Kuje Area Council, APC candidate Danjuma Shekwolo wonContinue Reading
BY GODWIN OBI The National Agency for Food and Drug Administration and Control (NAFDAC) has uncovered a warehouse in Lagos stocked with banned, fake, and unregistered cosmetic products valued at over ₦3 billion. The agency disclosed that the illicit products were discovered at the APT Trade Fair Complex, where theContinue Reading
2027: INEC to Unveil Revised Election Timetable By Frontline Reporters The Independent National Electoral Commission (INEC) has indicated that it will review the Electoral Act 2026 to ensure full compliance with the law in scheduling the 2027 general elections. Chief Press Secretary and Media Adviser to the INEC Chairman, AdedayoContinue Reading
BY FRONTLINE REPORTERS New leaders emerged across several local government areas (LGAs) at this weekend’s All Progressives Congress (APC) congresses, though the exercises were marred by controversy and violence in some states. Enugu: Old Members Cry Foul In Enugu State, long-standing party members alleged that the congresses were hijacked, claimingContinue Reading
BY GODWIN OBI President of the Dangote Group, Aliko Dangote, has pledged closer collaboration with the Nigerian National Petroleum Company Limited (NNPCL) to strengthen operations at the Dangote Refinery and unlock broader economic benefits for Nigerians. Dangote spoke during a refinery tour by NNPCL’s Group Chief Executive Officer, Bayo Ojulari,Continue Reading
By Frontline Reporters The Presidency has announced the commencement of payments for outstanding 2024 capital projects, alongside the settlement of debts inherited from previous administrations. The disclosure was made in a statement issued by Sunday Dare, Special Adviser to President Bola Ahmed Tinubu on Media and Public Communications. According toContinue Reading
BY GODWIN OBI Zamfara State was plunged into mourning on Friday after bandits reportedly killed dozens of residents in Dutsin Dan Ajiya village, located in Anka Local Government Area. Residents said the heavily armed attackers stormed the community late Thursday, firing indiscriminately and blocking escape routes. Eyewitness accounts indicated thatContinue Reading
BY GODWIN OBI President Bola Ahmed Tinubu has called for peaceful and orderly conduct ahead of Saturday’s elections in the Federal Capital Territory, Kano State, and Rivers State, urging voters to participate without fear. In a statement issued Friday by his spokesperson, Bayo Onanuga, the President emphasised that democracy flourishesContinue Reading