The Nigerian Navy has destroyed an illegal refinery site containing about 45,000 litres of stolen crude oil and apprehended 37 suspected illegal miners in separate operations in the Niger Delta. The Director of Naval Information, Capt. Abiodun Folorunsho, disclosed this in a statement on Sunday in Abuja. Folorunsho said the operations were carried out under Operation Delta Sentinel, following intensified efforts to curb crude oil theft and other illegal activities in the region. According to him, personnel of Nigerian Navy Ship (NNS) PATHFINDER discovered the illegal refining site during an Anti-Crude Oil Theft patrol around the Ojekiri general area in…
Author: Newsdesk
Akwa Ibom State Governor, Umo Eno, has sent his felicitations to Akwa Ibom women as they mark this year’s ‘Mothering Sunday.’ In a message released by his Chief Press Secretary, Ekerete Udoh, Governor Eno commended the women for being “the tie that holds down the family unit, nurturing, molding and shaping our children to walk the path of morality, character and purpose.” “Today, as the world celebrates you, on behalf of the Government and people of our dear State, I send my hearty and deep-seated appreciation to you all. “To the widows and others who may be the family’s breadwinners,…
The Special Adviser on Special Duties to Gov. Nasir Idris of Kebbi, Shafi’u Abubakar-Zauro, has distributed bags of rice and cartons of spaghetti to about 1,500 beneficiaries in Zauro community, Birnin Kebbi Local Government Area. Speaking at the distribution on Sunday in Zauro suburb of Birnin Kebbi, Abubakar-Zauro said the gesture was aimed at supporting vulnerable members of the community and alleviating some of their hardships. He explained that the initiative was a continuation of a long-standing tradition of assisting the less privileged, which, he said, he inherited from his mentor, Gov. Idris. “We inherited the culture of extending gestures…
The Akwa Ibom State Police Command on Sunday said it has apprehended four suspects involved in vandalism of Seplat Energy facilities in Ibeno Local Government Area of the State. The Police Public Relations Officer (PPRO), DSP Timfom John, disclosed this in a statement in Uyo. According to John, on March 11, at about 1200 hours, the command received a distress call from the Security Control Room of Seplat Energy Company. The company reported that a group of youths led by their youth leader had allegedly vandalised and maliciously damaged the company’s signpost. According to her, the suspected vandals attempted to…
The naira closed stronger at N1,363.5 per dollar at the official foreign exchange market on Friday, rebounding after a sharp depreciation recorded at the beginning of the week. Data published on the website of the Central Bank of Nigeria (CBN) showed that the local currency experienced notable volatility during the trading week, weakening sharply on Monday before gradually recovering in subsequent sessions. The naira opened the week on a weak note, falling to N1,425 per dollar on Monday from N1,398 per dollar recorded the previous Friday. The decline marked the currency’s weakest closing level since January 12, 2026, when it…
The Central Bank of Nigeria (CBN) has directed banks and other card issuers to significantly expand the deployment of Automated Teller Machines (ATMs) nationwide, setting a minimum ratio of one ATM for every 7,500 payment cards issued by 2028. The directive is contained in the Guidelines on the Operations of Automated Teller Machines (ATMs) in Nigeria, issued by the apex bank. According to the document, “All card issuers shall deploy ATMs, of at least 1 ATM per every 7,500 payment cards issued.” The circular, dated March 13, 2026, was signed by the Director of the Payments System Policy Department, Musa…
The Central Bank of Nigeria (CBN) has revised its guidelines on dormant accounts, removing the mandatory affidavit requirement for customers seeking to reactivate such accounts. In a circular dated March 12, 2026, issued to banks and other financial institutions, the apex bank said it had “rescinded the requirement under Section 8.0(ii) for the mandatory use of affidavits in the reactivation of dormant accounts,” following representations from stakeholders. The circular, signed by the Director of the Financial Policy and Regulation Department, Dr. Rita Sike, said the move is aimed at simplifying the reactivation process while maintaining safeguards to protect the integrity…
The naira closed the week on a positive note on Friday, March 13, 2026, appreciating to N1,366.23 against the United States dollar at the official market. Data released by the Central Bank of Nigeria (CBN) showed that the naira gained N5.27 during Friday’s trading session. The development reflects a 0.3 per cent increase when compared with Thursday’s closing rate of N1,371.50 to the dollar. The Nigerian currency had recorded steady appreciation during the week amid sustained market activity and foreign exchange supply. At the start of trading on Monday, the naira exchanged at N1,405.62 against the dollar. The currency strengthened…
Gov. Babajide Sanwo-Olu of Lagos State has announced plans to issue an executive order to prohibit school-age children from roaming the streets during school hours, and launch a 25 million dollars outcomes-based education fund. Sanwo-Olu disclosed this while speaking at the launch of the Lagos Education Access Fund (LEAF) and inauguration of the Lagos State Universal Basic Education Board (LASUBEB) on Friday. The governor stated that the executive order would strengthen measures against out-of-school children and increase accountability among parents, communities, and institutions tasked with ensuring every school-age child attends school regularly. “I will be issuing an executive order to…
The Social Transparency and Youth Leadership Advancement Initiative has called for administrative review and governance reforms at the National Hydro Electric Power Producing Areas Development Commission (HYPPADEC). The group made the call at a media briefing on Friday in Abuja. Convener of the group, Comrade Okpanachi Jacob, said the briefing followed allegations concerning governance, procurement transparency and administrative practices within the commission. Jacob said the organisation was committed to promoting transparency, responsible governance and youth-driven accountability in public institutions. He said recent allegations surrounding HYPPADEC’s management had generated public interest and raised questions about institutional oversight and workplace governance. Jacob…
