The Central Bank of Nigeria (CBN) has announced a phased operational overhaul of the Nigerian Fixed Income Market in a strategic move to deepen transparency and efficiency in Nigeria’s financial ecosystem. According to a formal communication signed by Okey Umeano, Acting Director of the Financial Markets Department at the CBN, the first phase of the…
President Bola Tinubu and former Vice President Atiku Abubakar met on Friday during a Jummah prayer at the National Mosque in Abuja. GISTSMATE MEDIA reports that this is their first meeting since the conclusion of the 2023 presidential election. Atiku, presidential candidate of the People’s Democratic Party (PDP) was one of Tinubu’s key opponents in…
Deputy Senate President, Barau Jibrin, has condemned United States President Donald Trump’s recent comments and threats toward Nigeria, describing them as unacceptable and demanding an apology on behalf of Nigerians. In a now viral video sighted by Tribune Online on Friday, the lawmaker faulted Trump’s approach and emphasised that Nigeria would not be intimidated by…
President Bola Tinubu has arrived in Lagos State to spend the end-of-year holidays following official visits to Borno and Bauchi states. GISTSMATE MEDIA Online had earlier reported that the President departed Abuja on Saturday on a three-state tour. In Borno state, Tinubu commissioned projects executed by the state government under Governor Babagana Zulum in collaboration…
GISTSMATE MEDIA reports that a former deputy governor of Delta State, Professor Amos Otuama, has died. The Senior Advocate of Nigeria (SAN) passed on in the early hours of Saturday in Lagos. Born June 5, 1947, Utuama was deputy to former Governor Emmanuel Uduaghan, and both served for eight years on the platform of the…
The Governor of the Central Bank of Nigeria (CBN), Mr Olayemi Cardoso, says Nigeria’s trade surplus has climbed to six per cent of the nation’s Gross Domestic Product (GDP). Cardoso said this in a statement by the Director of Information and Public Relations, Federal Ministry of Finance, Mr Mohammed Manga, in Washington on Wednesday. Cardoso,…
A powerful tsunami wave struck the northern Kuril Islands in Russia’s Far East on Wednesday, following a magnitude 8.8 earthquake in the Pacific Ocean. According to reports, the tsunami hit the coastal town of Severo-Kurilsk, prompting the evacuation of over 2500 residents to higher ground. According to Sakhalin Region Governor Valery Limarenko, as quoted by…
My Fellow Nigerians, Happy New Year! As we begin the New Year 2025, it has become imperative for me to speak to you as a Nigerian interested in the progress of the country. The political, economic and security situation of our country is worsening daily, despite contrary positions and claims by the government of improvement…
Hundreds of transgender federal prisoners face uncertainty and fear after President Donald Trump’s executive order mandating transfers to facilities based on biological sex rather than gender identity. The move has sparked concerns, particularly from legal advocates who warn of the dangers these inmates may face in male prisons. “It’s going to be incredibly dangerous,” said…
GISTSMATE MEDIA reports that Ondo State Governor, Lucky Aiyedatiwa has dissolved the State Executive Council with immediate effect. Governor Aiyedatiwa, however, exempted two members of the cabinet from the dissolution “due to the critical nature of their duties.” A statement by his Chief Press Secretary, Ebenezer Adeniyan, listed the two cabinet members as the Attorney…
