CBN Cuts Interest Rate to 26.50% As Inflation Continues to Drop

The Central Bank of Nigeria (CBN) has reduced the Monetary Policy Rate (MPR) by 50 basis points, lowering it from 27 per cent to 26.50 per cent. The announcement was made following the apex bank’s 304th Monetary Policy Committee (MPC) meeting held in Abuja on Tuesday. CBN Governor Olayemi Cardoso said the decision was unanimous among all members of the MPC. “The committee decided to reduce the monetary policy rate by 50 basis points to...

The Great Divide – How City Boys & Village Boys Mirror Nigeria’s Deepest Political Fractures

Nigerian social media politics is often a loud, sometimes flashy environment where the rivalry between “City Boys” and “Village Boys” is typically seen as a struggle of style: designer clothing vs. simple, swagger vs. sincerity. However, to view this simply as an aesthetic difference or as online bragging is to misunderstand the true nature of this divide. As a group, both the “City Boys,” who are strong supporters of President Bola Tinubu and who support...

ADC Accuses FCT Minister Wike of Interfering in Area Council Elections

The African Democratic Congress (ADC) has sharply criticised Nyesom Wike, Minister of the Federal Capital Territory (FCT), for what it describes as “direct interference” in the Area Council elections held across the six area councils of the capital on Saturday, 21 February 2026. In a statement issued on Saturday evening, Mallam Bolaji Abdullahi, National Publicity Secretary of the ADC, accused the Minister of visiting multiple polling units across Abuja while voting was in progress. The...

Wike Hails Peaceful FCT Council Polls, Admits Low Turnout of Voters

The Minister of the Federal Capital Territory (FCT), Nyesom Wike, has described Saturday’s Area Council elections across the territory as peaceful, though he acknowledged low voter turnout in parts of the capital, particularly within the city centre. The elections were conducted across the six area councils of the FCT — Abuja Municipal Area Council (AMAC), Gwagwalada, Kuje, Bwari, Abaji and Kwali — under the supervision of the Independent National Electoral Commission (INEC). Speaking to journalists...

Kano Bye-elections Records Low Turnout

The Kano State Resident Electoral Commissioner (REC) of the Independent National Electoral Commission (INEC), Ambassador Abdu Zango, has attributed the low voter turnout recorded during the Ungogo and Kano Municipal bye-elections to limited participation by political parties. The bye-elections, which are being conducted across 1,014 polling units in 24 registration areas, follow the deaths of Aminu Sa’ad Ungogo of Ungogo constituency and Sarki Aliyu of Kano Municipal constituency in December 2025. With approximately 535,000 registered...

China Dazzles the World with Its Spring Festival

“Chinese New Year has become a season of shared joy.” —Olalekan A. Babatunde As the lunar calendar ushered in the Year of the Horse, the world witnessed a spectacular display of Chinese culture as the Spring Festival, or Chinese New Year, was celebrated with unprecedented enthusiasm across every continent. Far beyond a traditional family reunion and artistic expression, the 2026 festivities have become a global phenomenon, with the distinctive “China Red” illuminating iconic landmarks and...

EFCC, FRC Sign MoU To Fight Corruption 

The Chairman of the Economic and Financial Crimes Commission (EFCC), Ola Olukoyede, has observed that the menace of corruption and poverty in the country to non-compliance with extant laws. Olukoyede stated this on Thursday in Abuja during the signing of the Memorandum of Understanding (MoU) between the EFCC and the Fiscal Responsibility Commission (FRC). The EFCC boss noted in his remarks that it was important for him that the country moved forward, regretting, however, that...

Over 204 Kidnap Survivors Set For Reunion With Their Families In Kaduna

Over 204 kidnap survivors from Tudun Wali in Kajuru LGA and others from Chikun, Igabi, and Kachia LGAs have been handed over to their Local Government Chairmen to be reunited with their families. The victims had spent 18 days in captivity before regaining freedom. The Kaduna State Governor, Uba Sani, during the handover at the State Shelter Home on Katuru Road, Kaduna, on Thursday, said the survivors would receive comprehensive medical and psychosocial care. Represented...

Rivers Political Crisis Eases as Assembly Halts Impeachment of Fubara, Deputy

The Rivers State House of Assembly has suspended impeachment proceedings against Governor Siminalayi Fubara and his deputy, Ngozi Odu. The decision was taken during Thursday’s plenary after lawmakers acknowledged that the process had become entangled in court actions and political negotiations. The Assembly resolved to pause further steps pending the outcome of ongoing litigation and consultations among key stakeholders. In January, 26 lawmakers initiated impeachment proceedings against the governor and his deputy over allegations of...

Former Kaduna Governor El-Rufai Moves from EFCC to ICPC Custody

The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has confirmed that former Kaduna State governor, Nasir El‑Rufai, is in its custody in connection with an ongoing investigation. In a statement issued on Wednesday evening, the Commission’s spokesperson, John Odey, said El-Rufai was in ICPC custody as at the close of work on 18 February 2026. The agency, however, did not disclose details of the specific allegations under investigation, stating only that the former...

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