Money market rates ease as liquidity climbs to N7.45tn
Money market rates declined on Wednesday as increased liquidity in the banking system pushed short-term funding costs lower. The development followed the Central Bank of Nigeria’s 350-basis-point cut in its policy rate to 23 per cent and the adjustment of the standing deposit facility floor to 20 per cent. AIICO Capital Limited said the overnight […]
Four women drown in Jigawa boat crash
Four passengers have died after a boat conveying eight passengers capsized at Dudduru Pond in the Dutse Local Government Area of Jigawa State. Confirming the incident in a statement made available to PUNCH Metro on Thursday, the Public Relations Officer, Nigeria Security and Civil Defence Corps, Jigawa State Command, ASC Badruddeen Tijjani, said the tragic […]
Police uncover syndicate linked to Jigawa killings
The Jigawa State Police Command has arrested members of a notorious motorcycle-snatching syndicate for allegedly killing nine persons and stealing 33 motorcycles across three states. This was contained in a statement made available to newsmen in Dutse, the Jigawa State capital, on Thursday by the Police Public Relations Officer, Jigawa State Police Command, SP Shi’isu […]
Benue CMD arrested, not abducted — PPRO
The Benue State Police Command said the Chief Medical Director of Multicare Hospital, Makurdi, Dr Jonah Ogbaji, was arrested by the Force Headquarters squad in Abuja. In a terse statement issued Thursday morning by the Command Public Relations Officer, DSP Peter Aondongu, he said that the medical doctor was arrested by operatives of the Special […]
Suspect linked to 2023 kidnapping, murder nabbed in Anambra
The Anambra State Police Command has arrested a 25-year-old suspected kidnapper, Olisa Oyelu, also known as “Obele,” over alleged kidnapping and armed robbery, in connection with a 2023 kidnapping incident that resulted in the death of a victim. The state Police Public Relations Officer, SP Tochukwu Ikenga, disclosed this in a statement on Thursday, saying […]
FG to end regulated gas pricing in 2028
Nigeria is set to end regulated pricing in the domestic gas market by September 24, 2028, as the Nigerian Midstream and Downstream Petroleum Regulatory Authority targets a transition to a fully established willing-buyer, willing-seller framework. The Chief Executive of NMDPRA, Rabiu Umar, disclosed this on Thursday at the Gas Market Maturity Workshop organised under the […]
I left Anambra debt-free, Obi insists
The presidential candidate of the Nigeria Democratic Congress, Peter Obi, has insisted that he did not borrow money or issue bonds on behalf of Anambra State during his eight years as governor. Obi, who spoke on Arise TV’s Prime Time programme on Thursday, said his administration left office in March 2014 without owing salaries, gratuities, […]
RCCG begins repatriation of 500 Nigerians from S’Africa
One hundred Nigerians repatriated from South Africa through the humanitarian intervention of the Redeemed Christian Church of God arrived at the Murtala Muhammed International Airport, Ikeja, Lagos, on Thursday night. The returnees were the first batch of 500 Nigerians whose air transportation from Johannesburg to Lagos is being funded by the RCCG following an appeal […]
Ogun assembly pardons impeached ex-deputy speaker, passes pregnancy termination bill
The Ogun State House of Assembly has passed a bill seeking to reduce maternal morbidity and mortality, promote safe motherhood and reproductive health rights, and establish conditions for the safe termination of pregnancy in accordance with legal indications and for connected purposes. The bill, with the short title “H.B. No. 036/OG/2026 – Ogun State Safe […]
Lagos APC expels ex-Agege chairman, aspirant over defection to APM
The Lagos State chapter of the All Progressives Congress has expelled former Agege Local Government Chairman, Ganiyu Egunjobi, and former Agege Constituency II aspirant, Azeez Yusuf, following their defection to the Allied Peoples Movement. The state APC Chairman, Cornelius Ojelabi, announced the expulsion in a statement posted on his Facebook page on Wednesday, accusing the […]
