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Central Bank of Nigeria (CBN) Governor Olayemi Cardoso has called for deeper coordination between fiscal and monetary authorities to sustain Nigeria’s reform agenda and attract long-term investment. Speaking at a policy dialogue in London on October 10, 2025, Cardoso highlighted transparency, credible data, and aligned policy as key to maintaining investor confidence and public trust. “People talk about interest rates and reserves, but communication is what gives policy its power. […]

The Federal Government has ordered all vice-chancellors of federal universities nationwide to strictly implement the “no work, no pay” policy against members of the Academic Staff Union of Universities (ASUU) who are currently participating in the ongoing nationwide strike. This directive was issued in a circular dated October 13, 2025, and signed by the Minister of Education, Dr. Tunji Alausa. The circular was also sent to key government officials, including […]

The naira continued its positive momentum in the official foreign exchange market last week, appreciating by 0.72% (or ₦10.5) to close at ₦1,455.17 per dollar—its strongest level since December 2024, according to data from the Central Bank of Nigeria. The local currency also gained ground at the parallel market, strengthening by 0.88% to close at ₦1,475 per dollar. The improved performance in both markets was largely attributed to increased foreign […]

  After a period of relative calm in Nigeria’s public university system, the Academic Staff Union of Universities (ASUU) has declared a two-week warning strike, citing the federal government’s failure to meet key demands. The strike, which began at 12:01 a.m. on Monday, was announced by ASUU National President, Professor Chris Piwuna, during a press briefing in Abuja. Despite last-minute efforts by top government officials to prevent the action, ASUU […]

  Some international and domestic bilateral electricity customers continue to default on payments for power supplied by Nigeria’s grid-connected generation companies (GenCos), resulting in significant revenue shortfalls for the country’s power sector. Recent data covering the second quarter of 2025 reveals that six international bilateral customers who purchase electricity from GenCos made partial payments totaling $9.015 million, against a total invoice of $17.54 million for services rendered during the quarter. […]

  Between September 1 and October 9, 2025, the Seme Area Command of the Nigeria Customs Service recorded significant anti-smuggling operations along the Lagos–Abidjan Corridor, seizing contraband items valued at approximately ₦1.99 billion. Among the intercepted items were 10,000 bags of expired flour imported from Egypt, transported in five trucks. These goods, with a duty-paid value of ₦1.2 billion, were flagged as dangerous to public health, posing risks such as […]

  The National Association of Nigerian Students (NANS) has extended heartfelt congratulations to Professor Joash Ojo Amupitan (SAN) on his recent appointment as Chairman of the Independent National Electoral Commission (INEC). His appointment is seen as a well-deserved recognition of his distinguished career and unwavering commitment to national service. This significant national responsibility entrusted to Professor Amupitan reflects confidence in his exceptional credentials as a renowned academic, respected legal expert, […]

A coalition of political stakeholders from 22 local government areas in Oyo State, under the banner of G22 Renewed, has called for a rotational governorship system, citing what they describe as the long-standing dominance of the Ibadan zone in the state’s political leadership. At a press conference held at the Oyo State House of Assembly Complex in Ibadan, the group—made up of representatives from Oke-Ogun, Ogbomoso, Oyo, and Ibarapa zones—decried […]