President Bola Ahmed Tinubu has asked a United States federal court to stop the release of records held by American law-enforcement agencies relating to historical investigations allegedly involving him. Tinubu, through his legal team, is opposing a request by American transparency activist Aaron Greenspan for access to records held by the US Department of Justice, Federal Bureau of Investigation (FBI) and Drug Enforcement Administration (DEA). The development is part of a long-running Freedom of Information Act (FOIA) lawsuit filed by Greenspan against several US government agencies. In a 16-page court filing submitted on Tinubu’s behalf, his lawyers—Christopher W. Carmichael, Victor…
Author: Abdoulaye Kay
Nigeria recorded $947 million in diaspora remittance inflows through International Money Transfer Operators (IMTOs) in July 2026, the highest monthly inflow ever recorded through formal channels, according to the Central Bank of Nigeria (CBN). The figure brings the country closer to the $1 billion monthly remittance target set by CBN Governor Olayemi Cardoso nearly two years ago. The CBN said remittance inflows through IMTOs totalled $3.8 billion in the first seven months of 2026, representing a 50.2 per cent increase compared with the corresponding period in 2025. The rise comes amid a series of reforms introduced by the apex bank…
President Bola Ahmed Tinubu has left Nigeria for a three-week vacation in Europe, taking a break from his official schedule as political activities ahead of the 2027 elections gather momentum. The President departed Abuja on Sunday for London, the United Kingdom, according to his Special Adviser on Information and Strategy, Bayo Onanuga. Onanuga said Tinubu would spend three weeks on the trip, which he described as a working vacation. Although details of the President’s itinerary were not immediately made public, the Presidency said he was expected to return to Nigeria at the end of the break. His departure comes at…
Burkina Faso has proposed high-level bilateral talks with Nigeria to review existing areas of cooperation and identify new partnership opportunities, in a move aimed at strengthening diplomatic ties between the two West African countries. The proposal was made in Ouagadougou on Friday when Nigeria’s newly appointed Ambassador to Burkina Faso, Ambassador Syndoph Endoni, presented his Letter of Credence. Burkina Faso’s Minister of Foreign Affairs, Jean-Marie Traoré, received the Nigerian envoy and described his assumption of duty as an opportunity to reinforce the longstanding relationship between both countries. Traoré highlighted the shared history, African heritage and common regional challenges linking Nigeria…
The Central Bank of Nigeria (CBN) withdrew N4.72 trillion from the banking system through four Open Market Operations (OMO) auctions conducted on August 26 and 27, 2026, as investors continued to show strong appetite for high-yielding government securities. The short-dated instruments offered by the apex bank attracted yields of almost 20 per cent, with total subscriptions reaching N8.62 trillion against a combined offer of N2 trillion. The development underscores the strong demand for fixed-income instruments amid the prevailing high-interest-rate environment. The four OMO auctions covered maturities of 96, 97, 132 and 152 days. The 97-day instrument offered on August 26…
The naira strengthened further against the US dollar at the Nigerian Foreign Exchange Market (NFEM), closing at N1,337/$ on Friday, August 28, 2026. The latest appreciation represents a 0.96% gain from the N1,349.99/$ recorded at the previous trading session on August 24, according to data from the Central Bank of Nigeria (CBN). The development came as foreign exchange turnover in the official market declined sharply during the week. NFEM turnover fell by 48.7% week-on-week to $2.71 billion, compared with about $5.28 billion recorded between August 17 and 21. Trading opened on August 24 at N1,349.99/$ before the naira strengthened to…
The Acting Vice-Chancellor of the Abdullahi Fodio University of Science and Technology (AFUST), Aliero, Kebbi State, Prof. Ismaila A. Mungadi, has resigned from office, citing recent developments that have made it difficult for him to effectively discharge his mandate. Mungadi announced his resignation in a letter dated August 28, 2026, addressed to the Pro-Chancellor and Chairman of the University’s Governing Council. In the letter titled “Resignation from Appointment as Acting Vice-Chancellor, Abdullahi Fodio University of Science and Technology, Aliero,” the professor said his resignation would take effect from Friday, August 28. He explained that he accepted the appointment with a…
President Bola Ahmed Tinubu has directed a comprehensive reform of Nigerian football following a series of disappointing performances and failures by the country’s national teams to qualify for major regional, continental and global competitions. The directive came amid a major leadership crisis at the Nigeria Football Federation (NFF), following the resignation of NFF President Ibrahim Gusau, General Secretary Mohammed Sanusi and members of the federation’s Executive Committee on Thursday. According to a statement issued by the Special Adviser to the President on Information and Strategy, Bayo Onanuga, Tinubu said the reform was necessary to address longstanding structural weaknesses in the…
Pro-Biafra separatist campaigner, Simon Ekpa, has appealed the six-year prison sentence handed down to him by a Finnish court over terrorism-related offences. The Finnish prosecutor handling the case has also appealed the judgment, asking the Court of Appeal to impose a longer prison term on Ekpa, arguing that the sentence handed down by the lower court was inadequate for the offences committed. The Finnish Court of Appeal is expected to consider both appeals within the next three weeks. Ekpa was arrested by Finnish authorities in November 2024 and subsequently charged with participating in the activities of a terrorist group and…
The Northwest University, Sokoto (NWUS) has warned prospective students, parents and guardians against a fraudulent admission notice circulating online and across social media platforms, claiming that the institution has released its 2026/2027 first and second batch admission lists. The University, in a statement issued by the Directorate of Communications, Public Affairs and Protocol, on Thursday, August 27, 2026, said the fake notice provides a telephone number, 07073682223 and identifies an individual as “Dr Mrs Mary”, allegedly directing applicants to check their admission status, process clearance, pay school fees and secure admission in subsequent batches. NWUS described the notice as fraudulent…