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We inherited net external reserve at $859m — CBN

By EmekaAnaeto, Babajide Komolafe & Emma Ujah The Central Bank of Nigeria (CBN) has revealed that the nation’s Net External Reserve had plunged to a mere $859 million as of

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Dollar to Naira exchange rate today, September 30, 2026

The Nigerian currency, the naira, exhibited relative stability against the United States dollar across both the official and parallel market segments as trading commenced mid-week. At the Nigerian Foreign Exchange

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Marine logistics firm expands operations into Angola

Leading indigenous marine logistics and offshore support company, Tamrose Limited, has expanded its operations into Angola in order to build a stronger presence across Africa’s maritime and energy markets. The

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Tinubu: I’m Healthy, Sound, Ready to Kick, Says Rumour of Ill Health is Politics

• To attend premiere of film in honour of MKO Abiola in Lagos on October 1, hold strategic meetings with political leaders, associates ahead of 2027 before returning to Abuja 

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Dangote Upbeat on Take-off of $16bn Kenya Refinery Despite Court Ruling

• Today’s groundbreaking to go on, case adjourned to Oct. 14  •133 residents challenge refinery site, claim ancestral rights  •AEC condemns order, urges swift resolution of dispute Emmanuel Addeh in

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Senate Extends 2025 Capital Budget Implementation for Fourth Time, Moves Deadline to December 31

• Senator blames centralised payment system for slow execution  •Says policy now ‘cork in the wheel’ of budget implementation  •Tinubu seeks passage of NDDC’s 2026 appropriation bill Sunday Aborisade in

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Election without political parties: outlook towards 2027, by Usman Sarki

“Political parties created democracy, and modern democracy is unthinkable save in terms of the parties.” — E. E. Schattschneider I sometimes wonder if Schattschneider would review his opinion on the

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Maritime Bills: NMLA Gives National Assembly May 2027 Deadline

–        Demands faster treaty domestication, stronger maritime law enforcement Wale Igbintade  The Nigerian Maritime Law Association (NMLA) has given the National Assembly a May 2027 deadline to clear all pending

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Ortom Tells PDP to Shun Violence, Ogun Dismisses Eligibility Report on Adebutu

James Sowole in Abeokuta and George Okoh in Makurdi A former Governor of Benue State and leader of the Peoples Democratic Party (PDP) in the state, Chief Samuel Ortom, has

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NSCDC Deploys 3,000 Personnel Across Abuja for Independence Anniversary

Michael Olugbode in Abuja The Nigeria Security and Civil Defence Corps (NSCDC), Federal Capital Territory Command, has deployed 3,000 personnel across the Federal Capital Territory (FCT) as part of intensified