CBN shifts PoS geo-fencing deadline to August 1
The Central Bank of Nigeria has extended the enforcement deadline for the geo-fencing of Point-of-Sale (PoS) terminals to August 1, 2026, giving financial institutions and payment service providers more time to comply with the directive. The decision was announced in a circular dated May 29, 2026, signed by the Director of the Payments System Supervision Department, Dr Rakiya Yusuf. The circular,...
NAFDAC shuts 16 sachet water factories in Rivers
National Agency for Food and Drug Administration and Control has shut down 16 sachet water factories in Rivers State over regulatory violations, including operating without licences. The enforcement action followed inspections carried out by NAFDAC officials across several local government areas, including Asari-Toru, Akuku-Toru, Degema, and Ikwerre. In a statement issued in Port Harcourt, the agency’s South-South Zonal Director, Chukwuma Oligbu,...
OAU teaching hospital doctors threaten strike over welfare concerns
The Association of Resident Doctors (ARD), Obafemi Awolowo University Teaching Hospital Complex (OAUTHC), Ile-Ife in Osun State, has issued a 21-day ultimatum to the hospital’s management over unresolved welfare concerns affecting doctors across departments and cadres. This was contained in a communique issued at the end of the association’s virtual emergency general meeting on Friday, May 29, 206. The association expressed...
You rose with my support, Ganduje tells Kwankwaso
Abdullahi Umar Ganduje has responded to remarks credited to former Kano State governor Rabiu Musa Kwankwaso, saying political relationships are built on mentorship, support, and shared history rather than superiority. Ganduje, currently in Saudi Arabia for the Hajj pilgrimage, reacted in a statement issued on Friday by his Chief of Staff, Comrade Muhammad Garba, after Kwankwaso reportedly claimed that “even...
Security, youth, infrastructure top Tinubu’s agenda
President Bola Ahmed Tinubu has reaffirmed his administration’s commitment to security, youth empowerment, and infrastructure development as key priorities. In his third anniversary speech, the president said security agencies had intensified operations against terrorists, bandits, and criminal networks, leading to improved safety in several communities. He added that investments in intelligence, surveillance, and military capacity would continue until Nigerians can live...
Tinubu defends reforms, says subsidy removal saved Nigeria from collapse
President Bola Ahmed Tinubu has defended his administration’s economic reforms, saying they saved Nigeria from a looming fiscal crisis. Speaking during his third anniversary address, Tinubu revealed that the country was spending up to N18.4 billion daily on petrol subsidies before his administration ended the regime. He said the subsidy system, alongside multiple exchange rate windows, had drained trillions of naira...
FULL TEXT: Tinubu’s third anniversary speech
My fellow compatriots, Three years ago, you entrusted me with the sacred responsibility of leading our beloved nation at a defining moment in our history. I accepted that responsibility, fully aware of the magnitude of the challenges before us, but also deeply confident in the resilience and potential of the Nigerian people. Today, on the occasion of the third anniversary of...
Dembele to Arsenal: PSG hungry to win Champions League
Paris Saint-Germain (PSG) star Ousmane Dembele says his team are still hungry for European glory ahead of Saturday's Champions League final clash with Arsenal. PSG claimed the trophy for the first time last season and are defending their crown in Budapest against Arsenal, who are yet to win it. Dembele told reporters on Friday: “We're enjoying every moment, We’re very focused...
Makinde to Tinubu: Stop deceiving Nigerians over state police
The Governor of Oyo state, Seyi Makinde has called on the federal government to stop “deceiving Nigerians” over the creation of state police, insisting that states already have the power to establish their own policing structures through legislation. Makinde made the remarks on Thursday while speaking at the governorship, senatorial and legislative primaries of the Allied Peoples Movement (APM) in...
Petrol price hits N1,532 per litre in April — NBS
National Bureau of Statistics has reported a sharp increase in the average retail price of petrol, which rose from N1,288.54 per litre in March to N1,532.93 in April. In its April Premium Motor Spirit (Petrol) Price Watch released in Abuja, the agency said the latest figure represents an 18.97 per cent month-on-month increase. On a year-on-year basis, petrol prices also climbed...
