Nigeria’s net reserves rise to $34.8bn in two years
The Central Bank of Nigeria (CBN) has disclosed that Nigeria’s net foreign exchange reserves stood at $34.80 billion as of December 2025. CBN Governor Olayemi Cardoso disclosed this at the end of the last Monetary Policy Committee (MPC) meeting. The last MPC meeting was held on February 24, 2026, in Abuja. Cardoso had earlier stated that Nigeria’s gross external reserves stood at...
Popular biker Kola Onifoto dies in lone Lagos crash
Popular Nigerian photographer and biker, Orowole Kolapoz, widely known as Kola Onifoto, has died following a lone motorcycle accident in Lagos. The 32-year-old travel enthusiast and brand influencer was reportedly involved in the crash on Sunday during what he described as his first solo motorcycle trip outside Lagos. Hours before the accident, Kola had announced on his Facebook page that he...
ICPC details documents, devices seized from El-Rufai’s residence
The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has revealed the list of documents and electronic devices allegedly recovered from the Abuja home of former Kaduna State Governor, Nasir El-Rufai. The disclosure was contained in court filings submitted before the Federal Capital Territory High Court in opposition to a N1 billion fundamental rights enforcement suit filed by El-Rufai....
Atiku’s son resigns as Adamawa commissioner
Adamu Atiku Abubakar, the first son of former Vice President Atiku Abubakar, has stepped down as Adamawa State Commissioner for Works and Energy Development. His resignation from the cabinet of Governor Ahmadu Umaru Fintiri was confirmed in a statement issued on Monday by his media aide, Abdulaziz Jauro. According to the statement, Adamu formally tendered his resignation in a letter dated...
Dangote Refinery hikes petrol price to N875
The Dangote Petroleum Refinery has increased its Premium Motor Spirit (PMS) gantry price by N101, raising the ex-depot rate from N774 to N875 per litre, sparking fresh concerns over a nationwide surge in fuel prices. A senior official at the refinery confirmed the adjustment on Monday, attributing the hike to persistent volatility in global crude oil prices. “Yes, the price has...
Trump: US acted on last, best chance to hit Iran
United States President Donald Trump says he took the decision to launch a war against Iran because it was the "last, best chance" to stop the country's alleged nuclear bomb programme. His statement comes after U.S. Defense Secretary Pete Hegseth said there were currently no American troops on the ground in Iran, but left the option open, saying "we'll go...
Customs seizes ₦116m silver bars at Kano Airport
The Nigeria Customs Service (NCS), Kano/Jigawa Area Command, has intercepted suspected smuggled precious metals valued at ₦116.28 million at the Mallam Aminu Kano International Airport, while also reaffirming its commitment to deeper security and trade collaboration with key national institutions. The Acting Customs Area Controller, Deputy Comptroller Usman Adamu, handed over 22.80 kilogrammes of suspected silver bars and a suspect,...
Tinubu to swear in Disu as IGP on Wednesday
President Bola Tinubu will on Wednesday swear in Tunji Disu as the as the Inspector-General of Police (IGP). Presidential spokesman Bayo Onanuga announced this via a statement issued on Monday, March 2, 2026. Onanuga said the swearing-in follows the confirmation of Disu as the IGP by the Nigeria Police Council on Monday. Onanuga noted that the swearing-in will take place during the...
Bandits attack Kagarko community, injure one, kidnap several
Suspected armed bandits have attacked Janjala Village in Kagarko Local Government Area of Kaduna State, injuring one resident and abducting several others. Security sources said the incident occurred at about 12:30 a.m. on March 2 when the attackers stormed the village, firing sporadically and causing panic among residents. Two community members, Yusuf Abdulwahab and Idris Ahmed, later reported the attack at...
Troops foil bandit attack in Katsina, two residents injured
Troops under Operation FANSAN YANMA have repelled an attack by suspected armed bandits on Unguwar Sani Village in Sabuwa Local Government Area of Katsina State. Security sources said the attack occurred at about 11:28 p.m. on March 1, following a distress call from residents of the community. A joint security team was immediately deployed to the area, where they confronted the...
