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Month: June 2026

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Amid Excess Liquidity, Banks Deposit with CBN Drops to N91.1trn

Following excess liquidity in the financial sector, banks’ deposit with the Central Bank of Nigeria (CBN) stood at N91.1 trillion in May 2026, about 0.4 per cent decline from N92.32 trillion in April 2026. Banks deposit excess cash with CBN using the Standing Deposit Facility (SDF) window and it comes with attractive interest overnight, making […]

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2027: I Would Have Advised Amaechi Against Running On ADC Platform – Wike

The Minister of the Federal Capital Territory, Nyesom Wike, has said former Minister of Transportation and ex-Rivers State Governor, Rotimi Amaechi, made a mistake by contesting the 2027 presidential primary on the platform of the African Democratic Congress (ADC). Speaking during his monthly media chat in Abuja on Monday, Wike said he would have advised […]

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Ebola Survivors Discharged As DR Congo Continues Fight Against Outbreak

Health authorities in the Democratic Republic of Congo have marked a significant milestone after five Ebola patients recovered from the disease and were allowed to leave hospital. The latest outbreak is suspected to have claimed nearly 250 lives, but officials say the recoveries demonstrate that infected patients can survive if they receive timely medical attention. […]

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‘You’ve Eradicated Piracy, Curtailed Crude Oil Theft,’ Tinubu Lauds Nigerian Navy

President Bola Tinubu has commended the Nigerian Navy for its role in securing the nation’s territorial waters, declaring that the maritime force has successfully eradicated piracy and drastically reduced crude oil theft.The President spoke on Monday while launching the Nigerian Navy International Fleet Review (IFR) at the Eko Atlantic Waterfront in Victoria Island, Lagos. The […]

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