GISTSMATE MEDIA reports that the Economic Community of West African States has declared a state of emergency across the region. The President of the ECOWAS Commission, Omar Touray, made the announcement on Tuesday during the 55th Session of the Mediation and Security Council at the ministerial level in Abuja. Touray said recent developments underline the…
Former Vice President Yemi Osinbajo has urged President Bola Tinubu to focus on improving Nigerians’ welfare as the country grapples with significant economic challenges. Speaking at the 2024 Women in Management, Business, and Public Service (WIMBIZ) conference, Osinbajo highlighted the urgent need for social welfare programs and accessible healthcare as Nigerians struggle with rising costs…
The Federal Government, through the Nigerian Midstream and Downstream Petroleum Regulatory Authority, has announced the approval of a licence for the construction of a new refinery. The approval was given to MRO Energy Limited, an energy company for the construction of a 10,000 Barrels Per Stream Day Refinery at Imode In Ughelli, Delta State, This…
Nigeria’s external reserves have climbed to $40.11 billion as of July 2025, according to the Central Bank Governor, Yemi Cardoso. He disclosed this during the Monetary Policy Committee (MPC) briefing held on Monday, July 22, 2025. Cardoso noted that the $40.11 billion reserve level represents approximately 9.5 months of import cover, signaling a significant boost…
The Katsina State Police Command has arrested two suspected car thieves who attempted to bribe its officers with ₦1,000,000 during an operation. According to the Command’s spokesperson, DSP Abubakar Sadiq Aliyu, the incident took place on April 11th, 2025, around 3:00 PM during a routine patrol in the Birnin Kuka village area of Mashi Local…
The Nigerian Army has neutralised Ya Muhammad and Abou Dawuda, two top commanders of the Islamic State West Africa Province (ISWAP) in the Damboa Local Government Area of Borno State. Zagazola, a counterinsurgency expert, said, “The terrorists had launched an attack on Damboa Town but were repelled by the Nigerian army and the Nigerian Air…
The Central Bank of Nigeria (CBN) has directed all banks, payment service banks, and other regulated financial institutions to immediately withdraw any advertisement or promotional material that fails to comply with existing consumer-protection and fair-marketing rules. The directive is contained in a circular issued on November 27, 2025, signed by Olubunmi Ayodele-Oni for the Director…
Former Speaker of the House of Representatives, Yakubu Dogara, has said that multiple and obsolete taxation has denied Nigeria so much foreign investments over the years as potential investors were scared of setting up their businesses in the country due to the tax system. He stated this on Thursday in Kaduna at a town hall…
Israel’s Ambassador to Nigeria, Michael Freeman, has disclosed that Israeli Prime Minister Benjamin Netanyahu is willing to support Nigeria in addressing the killing of Christians through intelligence cooperation. Freeman made this known during an interview on Monday. According to him, Israel is prepared to work with Nigerian authorities, particularly in the area of intelligence sharing,…
The Federal Government on Wednesday said it has released the sum of N2.3bn to clear salary and promotion arrears of university lecturers. The government also reaffirmed its unwavering commitment to revitalizing Nigeria’s tertiary education sector through decisive fiscal interventions, policy reforms, and sustained dialogue with the Academic Staff Union of Universities and other university-based unions….
