Written by …Record Increase in Credit Availability By Elizabeth Adegbesan A new report by the Central Bank of Nigeria (CBN) shows that banks recorded increased default rates on secured loans in the third quarter of 2025 (Q3’25), even as credit availability rose across various lending categories. The Credit Conditions Survey, released on Wednesday, indicated that default rates … Continue reading “Banks record higher default rates on secured loans in Q3 2025 — CBN Survey”
By Obas Esiedesa, Abuja The Federation Account Allocation Committee (FAAC) has distributed a total of N2.094 trillion to the Federal Government, state governments, and local councils as revenue for October 2025. This was disclosed in a statement issued on Wednesday by the Director of Press and Public Relations, Bawa Mokwa, following FAAC’s November 2025 meeting … Continue reading “FAAC shares N2.09trn to FG, states, local councils as October revenue”
By Femi Bolaji Jalingo — Taraba State Governor, Agbu Kefas, on Wednesday presented a N650 billion appropriation bill for the 2026 fiscal year to the State House of Assembly. Tagged the “Budget of Demonstration,” the proposal places strong emphasis on infrastructure, energy, and social development, with a significant boost to capital expenditure. According to the … Continue reading “Kefas presents N650bn ‘Budget of Demonstration’ for 2026”
By Enitan Abdultawab Former Super Eagles captain John Mikel Obi says Nigeria’s failure to reach the 2026 FIFA World Cup is “an absolute shame,” insisting that even winning the Africa Cup of Nations in December won’t make up for it. The former Chelsea midfielder insisted the Nigeria Football Federation board must resign immediately for failing … Continue reading “Winning AFCON won’t make up for 2026 World Cup miss – Mikel”
… couple arrested By Wole Mosadomi, Minna Minna – The Niger State Police Command has rescued six children from a human trafficking syndicate operating in different parts of the state over the past month. Among the suspects apprehended is a couple found with two of the trafficked children. In a recent operation, police operatives attached … Continue reading “Police rescue six children from human trafficking syndicate in Niger State”
By Kingsley Omonobi The Chief of Army Staff (COAS), Lieutenant General Waidi Shaibu, has announced plans to recruit and train 24,000 soldiers to boost the operational capacity of the Nigerian Army amid escalating security challenges nationwide. Gen. Shaibu made the disclosure on Wednesday during an operational visit to the 1 Division, Nigerian Army, in Kaduna, … Continue reading “Insecurity: Army Chief reveals plan to recruit 24,000 soldiers”
By Marie-Therese Nanlong Widespread dissatisfaction with the ruling All Progressives Congress (APC) and the opposition Peoples Democratic Party (PDP) is creating a major political opening for the African Democratic Congress (ADC) ahead of the 2027 elections, former Kaduna State governor Nasir El-Rufai said. Speaking in Jos on Wednesday at the unveiling of the ADC National … Continue reading “2027: Widespread discontent with APC, PDP positions ADC as next alternative – El-Rufai”
President Bola Tinubu has assured Nigerians and families of students abducted in Maga, Kebbi that the Federal Government will deploy all instruments of state to ensure the return of the schoolgirls. Tinubu’s assurance came on Wednesday from Vice President Kashim Shettima during his visit to Kebbi to commiserate with the government and people of … Continue reading “Kebbi Abduction: Tinubu Assures Families Of Schoolgirls’ Return, Names Of Students’ Released”
Youths of Eruku community in Ekiti Local Government Area (LGA) of Kwara State, have staged a major protest after a late-night attack in the area by armed bandits. The protesters blocked the Ilorin–Kabba highway at the entrance of the town, causing heavy traffic disruption. The youths alleged that Tuesday’s attack, which lasted … Continue reading “PHOTOS: Youths Of Kwara Community Block Ilorin–Kabba Road After Bandit Attack”
The Director, Centre for International, Advanced and Professional Studies, Anthony Kila, has criticised the leadership of the Peoples Democratic Party (PDP) over the internal crisis that led to chaos at the party’s national secretariat in Abuja. Kila said the actions of the major actors showed that too many leaders or people aspiring to govern … Continue reading “PDP Crisis: Behaviour Of Major Actors Disgraceful, Shows They’re Unworthy To Lead — Kila”