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CBN redeploys four deputy governors in management shake-up

The Central Bank of Nigeria has redeployed its four Deputy Governors in a management reshuffle aimed at strengthening its leadership structure and improving operational efficiency. The changes, which took effect on June 1, 2026, were reflected in an updated profile on the apex bank’s official website on Monday. Under the new arrangement, Deputy Governor in […]

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June 2, 2026
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US–Iran conflict disrupts Lagos infrastructure projects – Govt laments

The Lagos State Government has expressed concern that the ongoing conflict between the United States and Iran has begun to affect some of its major infrastructural projects, including the 150-bed Massey Children’s Hospital on Lagos Island. The government also explained the delay in opening the already commissioned Opebi-Mende Link Bridge to motorists, citing unfinished adjoining […]

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June 1, 2026
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Police, Lagos dismiss rumours of bandit attacks

Parents in parts of Lagos State rushed to schools on Monday to pick up their children following reports of a suspected bandit attack in communities around Eleko and Imota, prompting authorities and the police to dismiss the claims as false. The panic reportedly spread across schools in Eleko, Ibeju-Lekki Local Government Area, after messages circulated […]

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June 1, 2026
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Protest Rocks Ibadan Over Abduction of Pupils, Teachers

The protesters are demanding urgent government action to secure the safe return of the recently abducted pupils and teachers in the state. Civil society groups on Monday staged a protest in Ibadan, the Oyo State capital, over the recent abduction of pupils and teachers in the state. The demonstration came a few days after teachers […]

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June 1, 2026
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Security Expert Faults Govt’s Approach To Insecurity, Questions Forest Guard Strategy

Security analyst Dickson Osajie has criticised the Federal Government’s handling of insecurity in the country, describing its approach as lacking clear direction and strategy. Osajie made the remarks on Monday during an appearance on Channels Television’s The Morning Brief, where he argued that authorities have yet to demonstrate a concrete plan for tackling the security […]

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June 1, 2026
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Babachir Lawal dumps ADC, says Atiku’s primary win was rigged

Former Secretary to the Government of the Federation, Babachir Lawal, has resigned from the African Democratic Congress, alleging that the party’s recent presidential primary was manipulated in favour of former Vice President Atiku Abubakar. Lawal announced his resignation in a statement shared on his official Facebook page on Monday, saying he could no longer remain […]

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June 1, 2026
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Oil prices jump as Iran suspends peace talks

Oil prices jumped and equities struggled on Monday as Middle East peace talks stumbled and tensions mounted between Iran and the United States. Crude futures shot around seven percent higher after an Iranian news agency announced Tehran had suspended the negotiations with Washington via mediators. The United States and Iran had traded strikes over the […]

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June 1, 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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June 1, 2026
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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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June 1, 2026
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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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June 1, 2026
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