Operatives of the Economic and Financial Crimes Commission (EFCC), Enugu Zonal Directorate, have arrested a suspected serial fraudster, Okeke Chinedu Callistus, also known as Ejike Okeke Michael, over his alleged involvement in a ₦369,325,000 fraud. The anti-graft agency said the arrest followed petitions by two victims who accused the suspectContinue Reading

Nigeria’s gross external reserves have climbed to $50.45 billion, the highest level recorded in 13 years, Governor of the Central Bank of Nigeria, Olayemi Cardoso, announced on Tuesday. Speaking to journalists after the 304th Monetary Policy Committee (MPC) meeting in Abuja, Cardoso said the surge signals strengthening macroeconomic fundamentals andContinue Reading

BY GODWIN OBIThe Presidency has thrown its weight behind President Bola Tinubu following mounting criticism of Executive Order 9, which halts revenue deductions by the Nigerian National Petroleum Company Limited (NNPCL) and other agencies Presidential aides insist the directive is rooted firmly in constitutional authority, arguing that provisions of theContinue Reading

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 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

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