Category: News
The Central Bank of Nigeria (CBN) has announced a major overhaul of its cash-handling regulations — raising withdrawal limits and removing deposit caps — in a sweeping policy shift scheduled to take effect January 1, 2026.
Abuja, Nigeria — December 4, 2025 In a circular signed by Dr. Rita I. Sike, Director of the Financial Policy & Regulation Department, the CBN detailed the following key adjustments:Weekly cash withdrawals for individuals will rise from ₦100,000 to ₦500,000 across all channels (ATMs, POS, over-the-counter).For corporate entities, the weekly withdrawal limit increases to ₦5,000,000,…
The National Hajj Commission of Nigeria (NAHCON) has taken a major step to make the pilgrimage-saving process more accessible and inclusive by signing a new agreement to expand its Hajj Savings Scheme (HSS) beyond a single bank.
Abuja, Nigeria — December 3, 2025 Under the newly signed Memorandum of Understanding (MoU), four banks — Alternative Bank, Jaiz Bank, Lotus Bank and TAJ Bank — are now authorised to operate the HSS nationwide.A New Era of Access, Transparency and InclusionWith this expansion, NAHCON aims to transform the pilgrimage-saving culture among Nigerian Muslims. Under…
FG RELEASES 2023 NATIONAL AGRICULTURAL CENSUS REPORT
Abuja, Nigeria — December 4, 2025 The Federal Government has officially released the 2023 National Agricultural Sample Census (NASC) report, marking a significant milestone in the country’s efforts to modernize and strengthen its agricultural data systems. The census, conducted by the National Bureau of Statistics (NBS) in collaboration with the Federal Ministry of Agriculture and…
GOV. DAPO ABIODUN CON PROPOSES ₦1.668TRN 2026 BUDGET OF SUSTAINABLE LEGACY
Today marked a pivotal milestone in our existence as a State, democratic government, and patriotic services to the good people of Ogun State as the Honourable Commissioner for Finance and Chief Economic Adviser, Hon Otunba OlaDapo AbdulRahman Okubadejo joined his visionary and pragmatic political Leader and Boss, His Excellency, Prince Dr Dapo Abiodun CON, formally…
The Power of Quiet Leadership: How Dapo Abiodun Is Securing Ogun State Without Noise
By Otunba (Dr) Abdulfalil Abayomi Odunowo In today’s political landscape, where the cacophony of announcements and razzmatazz often overshadows genuine progress, the refreshing leadership style of Prince Dapo Abiodun stands out as a beacon of effective governance. “Let the work speak,” he seems to say, embodying a philosophy that speaks to the heart of Ogun…
Nigeria Grants Asylum to Guinea-Bissau Presidential Candidate at Embassy
Abuja, Nigeria, December 2, 2025 The Federal Government of Nigeria has granted temporary asylum to Guinea-Bissau’s opposition presidential candidate, Fernando Dia Da Costa, providing him refuge within the Nigerian Embassy in Bissau following credible reports of threats to his life. The decision was formally conveyed in a letter dated November 30, 2025, by Nigeria’s Minister…
Nasarawa Police Rescue 40 Foreign Nationals from Human Trafficking Syndicate
LAFIA, NASARAWA STATE — December 2, 2025 The Nasarawa State Police Command has successfully rescued 40 foreign nationals—mostly citizens of Mali and Ivory Coast—who were deceived and brought into Nigeria by a human trafficking syndicate under the guise of securing them employment opportunities in France.State Commissioner of Police, CP Shettima Jauro, announced the development during…
PRESIDENT TINUBU SALUTES PROFESSOR JERRY GANA AT 80
ABUJA, NIGERIA — December 2, 2025 President Bola Ahmed Tinubu has extended warm felicitations to distinguished statesman, academician, and politician, Professor Jerry Gana, on the occasion of his 80th birthday.In a statement issued by Bayo Onanuga, Special Adviser to the President on Information & Strategy, President Tinubu celebrated Professor Gana’s enduring influence and decades of…
In the ongoing trial of former Minister of Power and Steel, Olu Agunloye, a third prosecution witness (PW3), Umar Hussein Babangida, told the Federal High Court in Apo, Abuja, that former President Olusegun Obasanjo had expressed his willingness to testify regarding the controversial Mambilla Power Project contract “when the need arises.”
Abuja, Nigeria – December 2, 2025 Babangida made the statement on Monday while being cross-examined by the defence counsel, Adeola Adedipe, SAN, before Justice Jude Onwuegbuzie. Agunloye is currently facing trial on an amended seven-count charge bordering on official corruption and the alleged fraudulent award of the $6 billion Mambilla Hydroelectric Power Project contract. According…
Nigeria’s Gross Domestic Product (GDP) expanded by 3.98% year-on-year in real terms in the third quarter of 2025, according to newly released data from the National Bureau of Statistics.
Lagos, Nigeria – December 2, 2025 The latest figure reflects a slight but meaningful acceleration from the 3.86% growth rate recorded in Q3 2024, signaling continued economic resilience despite global and domestic challenges. The agricultural sector played a pivotal role in boosting overall output. Agriculture grew by 3.79% in Q3 2025, compared with 2.55% in…