Kogi State Governor, Ahmed Usman Ododo, has met with Mohammed Audu, son of the late former governor of the state, Prince Abubakar Audu, as part of efforts to promote development and strengthen political unity in the state. The meeting, which took place on Sunday, focused on ways to strengthen Kogi’s economy, improve agricultural production, enhance the cashew value chain and improve the welfare of residents. The state Commissioner for Information and Communications, Kingsley Femi Fanwo, disclosed this in a statement on Monday. Fanwo said the governor and Mohammed Audu discussed practical measures to expand economic opportunities for farmers and enable…
Author: Abdoulaye Kay
The Federal Government has appointed Dr. Olugbenga A. Awe as the new Pro-Chancellor and Chairman of the Governing Council of the Federal University of Technology, Akure (FUTA). The letter conveying his appointment, dated July 30, 2026, and signed by the Minister of Education, Dr. Tunji Alausa, reads: “I write to convey approval for your appointment as Pro-Chancellor and Chairman, Governing Council, Federal University of Technology, Akure, Ondo State. Your appointment takes effect from July 29, 2026.” Dr. Olugbenga A. Awe replaces H.E. Senator Nora Ladi Daduut, who has been appointed as the country’s ambassador to South Korea. Dr. Olugbenga A.…
The Central Bank of Nigeria (CBN), acting on behalf of the Debt Management Office (DMO), is set to offer N700 billion worth of Nigerian Treasury Bills (NTBs) at its first auction for September 2026. The auction, scheduled for Thursday, September 3, will cover three maturities — 91-day, 182-day and 364-day Treasury Bills, according to an Invitation to Tender issued to money market dealers. The offer comprises N100 billion for the 91-day tenor, N100 billion for the 182-day bill and N500 billion for the 364-day instrument, underscoring the authorities’ continued emphasis on longer-dated securities. Money Market Dealers are required to submit…
The Dangote Petroleum Refinery and Petrochemicals is considering restricting sales of Premium Motor Spirit (PMS) to major marketers that continue to import petrol into Nigeria, amid concerns over product quality, market transparency and the integrity of products supplied under the Dangote brand. The proposed measure, which could take effect as early as this week, subject to further consultations and any last-minute intervention, reflects growing concerns over the continued entry of imported PMS into a market where substantial domestic refining capacity is now available. Sources familiar with the refinery’s position said the immediate concern relates to the fact that some marketers…
The Allied Peoples Movement (APM) has called on United States authorities to release the findings of a Federal Bureau of Investigation (FBI) report reportedly containing records linked to allegations of drug trafficking involving President Bola Ahmed Tinubu. The opposition party said the reported attempt by the Presidency to prevent the release of the records could deepen public suspicion and fuel further questions about the matter. The APM made its position known in a statement issued on Sunday by its National Publicity Secretary, Yusuf Abubakar. The party argued that the entire report did not necessarily have to be made public if…
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…
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…