September 2026

UPDATED: CBN cuts interest rate to 23%, vows to contain election liquidity

The Monetary Policy Committee of the Central Bank of Nigeria has cut the benchmark interest rate by 350 basis points to 23 per cent from 26.5 per cent, citing easing inflation, improved foreign exchange conditions and greater macroeconomic stability. The decision, announced by CBN Governor Olayemi Cardoso on Tuesday after the committee’s 307th meeting in […]

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September 22, 2026
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Politics

Obi-led NDC govt will reintroduce fuel subsidy in ‘different form’ — Kwankwaso

The Vice Presidential candidate of the Nigeria Democratic Congress, Rabiu Kwankwaso, has said an administration led by the party’s presidential candidate, Peter Obi, would reintroduce fuel subsidy in a different form if elected in 2027. Kwankwaso, a former Kano State governor, made the remarks during an interview with Arise TV on Tuesday while discussing the […]

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September 22, 2026
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Breaking News

BREAKING: CBN cuts interest rate to 23%

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has reduced the benchmark interest rate from 26.5% to 23%. CBN Governor, Olayemi Cardoso, announced the decision on Tuesday following the conclusion of the committee’s 307th meeting in Abuja. “The Committee decided as follows: reset the monetary policy rate to 23 per cent,” […]

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September 22, 2026
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Breaking News

FG Inaugurates Committee to Probe Deaths of 37 Niger Miners

The Federal Government has inaugurated a 10-member independent committee to investigate the deaths of 37 suspected illegal miners who died while in the custody of the Nigeria Security and Civil Defence Corps (NSCDC) in Niger State. The Minister of Interior, Olubunmi Tunji-Ojo, inaugurated the committee on Tuesday in Abuja, following President Bola Tinubu’s directive for […]

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September 22, 2026
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Business

Dangote Refinery IPO Puts CardinalStone’s Execution Capacity in Focus

CardinalStone’s execution capacity is coming under heightened spotlight as the investment firm takes on a key role in the ₦2.15 trillion Initial Public Offering of Dangote Petroleum Refinery and Petrochemicals FZE (DPRP), one of the largest equity transactions in Nigeria’s capital-market history. The IPO, priced at ₦525 per share for 4.1 billion shares, represents a […]

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September 22, 2026
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Breaking News

FG Threatens to Shut Lagos-Calabar Coastal Highway Within Two Weeks

The Federal Government yesterday, threatened to shut the Lagos section of the Lagos-Calabar Coastal Highway in two weeks if motorists and other road users fail to comply with safety measures and improve the conditions along the route. The Federal Controller of Works in Lagos State, Olufemi Dare, issued the warning on Monday during an inspection […]

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September 21, 2026
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Breaking News

President Tinubu Extends Working Vacation, Returns This Weekend

President Bola Tinubu has extended his working vacation by a few days and is expected to return to Nigeria at the weekend, the Presidency has announced. Tinubu departed Nigeria on August 30 for London, where he began his working vacation before travelling to Paris, France, after spending a week in the United Kingdom. While in […]

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September 21, 2026
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Politics

2027: AI Misuse No Longer a Distant Risk — INEC

INEC National Commissioner and Chairman of the Information and Voter Education Committee, Mohammed Kudu Haruna. Photo: INEC The Independent National Electoral Commission (INEC) has warned that the misuse of artificial intelligence to create and circulate manipulated content is “no longer a distant, theoretical risk” to Nigeria’s 2027 general elections. The commission said the growing accessibility […]

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September 21, 2026
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Politics

Political Violence Could Jeopardise 2027 Elections — ADC

African Democratic Congress National Publicity Secretary, Bolaji Abdullahi, addressing a press conference in Abuja on Monday. Photo: Abdulrahman Zakariyau The African Democratic Congress (ADC) has warned that the growing incidence of political violence, attacks on opposition members and alleged voter intimidation could undermine the credibility of the 2027 general elections. The party’s National Publicity Secretary, […]

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September 21, 2026
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Breaking News

Niger Miners’ Deaths: NSCDC Cannot Escape Responsibility — Deji Adeyanju

Human rights lawyer and activist Deji Adeyanju has said the Nigeria Security and Civil Defence Corps (NSCDC) cannot escape responsibility for the deaths of 37 suspected illegal miners who died in its custody in Niger State. Adeyanju, a member of the 10-member independent committee constituted by the Federal Government to investigate the deaths, also cautioned […]

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September 21, 2026
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Month: September 2026

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