Former Acting Accountant-General Bags 72 Years Jail Term 

The Economic and Financial Crimes Commission has secured the conviction and sentencing of Chukwunyere Anamekwe Nwabuoku, a former Acting Accountant-General of the Federation, who was handed 72 years imprisonment for money laundering involving N868.46 million. The Federal High Court in Abuja delivered the judgment following Nwabuoku’s prosecution on nine amended counts of money laundering. The…

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NACA: No Lenacapavir for Pregnant Women

  The National Agency for the Control of AIDS has confirmed that Lenacapavir, Nigeria’s newly introduced long-acting HIV prevention injection, will not be administered to pregnant women due to the absence of sufficient clinical evidence on its effects during pregnancy. Temitope Ilori, Director-General of NACA, disclosed this restriction during a media parley organised by the…

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Nigeria’s Central Bank Receives Global Recognition For Policy Overhaul

  The Central Bank of Nigeria has been awarded Central Bank of the Year by London-based Central Banking magazine, following a series of monetary reforms credited with stabilising the Nigerian economy after years of macroeconomic distortions. The recognition centres on policy changes introduced under Governor Olayemi Cardoso, who assumed office in October 2023 amid mounting…

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CBN Targets Single-Digit Inflation in Policy Overhaul

Nigeria’s monetary policy architecture is undergoing a fundamental transformation. The Central Bank of Nigeria has committed itself to a deliberate transition toward an inflation-targeting framework, abandoning decades of discretionary monetary management in favour of a transparent, rules-based system explicitly anchored to long-term price stability. The shift represents one of the most significant policy reorientations undertaken…

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Pension Investments in Federal Debt Hit N16.9 Trillion

Appeal Court Slams N10m Fine on PenCom Over Stranded Staff

The Court of Appeal in Abuja has overturned a lower court’s decision, awarding ₦10 million in costs against the National Pension Commission (PenCom) for “unlawful labour practices.” A three-member panel, led by Justice Bilkisu Bello Aliyu, ruled that PenCom’s treatment of 20 aggrieved workers was unjustifiable. The workers were officially hired in 2017 but left…

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Sultan Declares Friday Eid-el-Fitr Day in Nigeria

  The Sultanate Council in Sokoto has declared Friday, March 20, 2026, as the first day of Shawwal 1447AH, marking the commencement of Eid-el-Fitr celebrations across Nigeria following the completion of the Islamic holy month of Ramadan. The announcement was made on Wednesday by the Chairman of the Advisory Committee on Religious Affairs, Sultanate Council,…

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Court Affirms Nigerians’ Right to Record Police

  The Federal High Court in Warri, Delta State, has delivered a landmark ruling affirming the constitutional right of Nigerians to record police officers performing their duties in public, while declaring the practice of anonymous policing unlawful and unconstitutional. Justice H. A. Nganjiwa, delivering judgement on Tuesday in Suit No. FHC/WR/CS/87/2025, ordered police officers to…

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