NEWS
”Currency In Circulation Drops To N5tn” – Report
The total amount of naira in circulation decreased to N5tn as of March 2025, marking a decline from N5.04tn recorded in February 2025. This represents a further reduction from N5.24tn in January 2025, according to the latest money and credit statistics on the website of the Central Bank of Nigeria. Naira in circulation is the total amount of physical currency circulating...
”Enugu Airport Concession 70% Completed” – Govt
The Enugu State Government has announced the concession process for the Akanu Ibiam International Airport is more than 70% finished to be completed in the second quarter of 2025. The Enugu State Government has announced that the concession process for the Akanu Ibiam International Airport is over 70 percent complete and should be concluded by the second quarter of 2025. This was...
Nigeria, UK Strengthen Collaboration On Regulatory Reforms In Gas Sector
The federal government has established a strategic partnership with the Office of Gas and Electricity Markets (Ofgem) of the United Kingdom, marking a major step in fortifying its regulatory framework for the gas sector. The partnership was sealed during a high-level meeting in London between the Minister of State Petroleum Resources (Gas), Ekperikpe Ekpo, and officials from Ofgem and the...
18 Africans Among Cardinals To Elect New Pope
A total of 18 Africans are among the 135 cardinals eligible to elect the next pope. Though there are 252 cardinals, only 135 cardinals have voting status and are eligible to vote for the next Pope when the conclave begins. Europe has the highest number, with 53 cardinals of voting status. Asia, with 23, has the next highest number of cardinal electors,...
Fubara May Shift Ground After Tinubu’s UK Meeting
There are indications that suspended Rivers State Governor Siminalayi Fubara is warming up to making concessions to ease the political tension in the state. This followed Fubara’s meeting with President Bola Tinubu in London during the latter’s 18-day retreat in Europe. The meeting, confirmed by The Africa Report, was at the request of Governor Fubara, who first came into office in...
Eight Banks Spend N4.61tn On Salaries, Operations
The overall expenditures of eight Nigerian banks surged to N4.61 trillion in 2024, propelled by rising personnel and operational expenses. The data reveals a 107.8 per cent rise from N2.2tn in 2023, highlighting the growing financial pressure on the banking sector. This was based on the annual results of the financial institutions filed with the Nigerian Exchange Limited for the period...
IG Deploys Specialized Anti-bandit Squad Nationwide
The Inspector-General of Police, Kayode Egbetokun, on Tuesday, deployed a special squad to arrest the rising violence across the country. He ordered all Police Mobile Force squadrons to maintain at least one fully equipped, combat-ready unit on constant standby, effective immediately. He gave the directive during a meeting with Squadron Commanders in Abuja on Tuesday, as bandits struck in Kwara, Benue...
Senate Criticizes Bakare For ‘Rubber-Stamp’ Comment.
On Tuesday, the Senate criticised Pastor Tunde Bakare, the senior pastor and serving overseer of the Global Community Citadel Church, for his harsh comments regarding the 10th National Assembly, stating that the cleric had “overstepped the boundaries.” The Senate’s reaction was contained in a statement issued in Abuja by the Chairman of the Senate Committee on Media and Public Affairs,...
Elder Prince Ndubuisi Onugu Set For Final Journey In Asaga Ohafia [See Poster]
The family of Late Eze Elder and Ugoeze Elder Onugu Eye Onugu, of Ezema Atta I of Asaga Ukwu Autonomous Community, Ohafia LGA, has announced the burial arrangements for their beloved son, Elder Hon. Prince Ndubuisi Onugu, who passed away suddenly on February 17, 2025, at the age of 64. A respected community leader, devoted family man, and accomplished public...
Tragedy In Kwara As Rainstorm Kills Taekwondo Champion
An Ilorin-born Taekwondo coach and champion named Musa Ismail was killed in the Lower Niger River Basin Authority area on Monday night after a 30-minute rainstorm struck Ilorin, the capital of Kwara state. Vanguard reliably gathered that Musa was killed in the rainstorm that destroyed the badminton court located within the Lower Niger River Basin Authority between 5:30p.m. and 6:00p.m....













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