The October 6 operation consequently resulted in a net liquidity withdrawal of about N1.14 trillion, underscoring the apex bank’s continued effort to sterilise excess naira liquidity in the banking system after a similarly aggressive round of OMO operations in September.
Nigeria’s equities market extended its bearish run in the latest trading session, as persistent profit-taking and renewed selling pressure on banking and other heavyweight stocks pushed the Nigerian Exchange Limited (NGX) All-Share Index further below the 250,000-point psychological threshold
Speaking at the second Annual Distinguished Parliamentarian Lecture organised by the House of Representatives Press Corps in Abuja, Moghalu placed the state-police debate within two broad imperatives: the urgent need to improve community security and the equally important need to strengthen Nigeria's federal structure. His presentation was notable because it did not portray state police as a miraculous solution to insecurity. Instead, it acknowledged that decentralisation would succeed only if the country could resolve difficult questions of funding, professionalism, accountability, political interference and the division of responsibilities between federal and state authorities
Geometric Power’s laudation last week of the Abia State government for its efforts to ensure reliable power supply in its utility’s coverage area brings to the fore a critical element in Nigeria’s economic development, public-private partnership (PPP) which has become regrettably a desideratum.
The release of the 2026 Senior School Certificate Examination results by the National Examinations Council(NECO) offers Nigeria an opportunity for both cautious celebration and serious reflection.
The news of the passing of Dotun Oladipo hit me this morning with a profound sense of loss. Nigeria has lost a distinguished journalist, media entrepreneur, and advocate of ethical journalism.
More than 1,000 Islamic clerics have called on President Bola Ahmed Tinubu to withdraw from the 2027 presidential race, citing worsening economic hardship, insecurity, unemployment and the continued migration of skilled Nigerians from the country.
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