PDP Accuses Tinubu Govt of Eroding Democracy

  Nigeria’s main opposition party, the Peoples Democratic Party (PDP), has seized upon a recent classification by the Human Rights Foundation (HRF) to assert that the country is sliding into authoritarianism under President Bola Tinubu, intensifying political discourse just over a year before the 2027 general elections. The HRF, through its Tyranny Tracker platform, recently…

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ADC Adamawa Ticket: Lawal, Atiku Camp Clash

  Barely nine days before official campaigning opens for the January 2027 presidential election, the fault line running through Nigeria’s main opposition platform has widened again, this time over who rightfully owns the African Democratic Congress governorship ticket in Adamawa State. Former Secretary to the Government of the Federation, Babachir Lawal, reopened the dispute in…

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Naira Firms at N1,354 as Foreign Reserves Hit 17-Year Peak

Naira Holds Steady Near 1,362 Per Dollar

The naira stabilized near 1,362 to the US dollar on Monday morning as foreign exchange markets opened for weekly trading. Central Bank intervention helped quieten immediate panic across official and street trading windows. Yet structural dollar shortages continue to pressure local currency reserves month after month. Traders in Lagos report modest dollar liquidity following late…

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CBN Reopens OMO to Retail Investors

Foreign Firms Print Sixty-Five Percent of Nigerian Banknotes -CBN

Foreign printers produce nearly two-thirds of Nigeria’s physical currency. A fresh Central Bank report reveals that overseas contractors handled sixty-five percent of approved banknote production. Local printing facilities simply cannot meet national demand for cash. Printing domestic money abroad drains scarce foreign reserves while exposing national currency security to outside risks. The Nigerian Security Printing…

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