The Central Bank of Nigeria (CBN) has revoked the operating licences of Aso Savings and Loans Plc and Union Homes Savings and Loans Plc, citing persistent regulatory violations, weak financial positions and prolonged non-compliance with supervisory requirements. The decision was announced in a press release issued on Monday by the apex bank, stating that the action was taken in line with Section 12 of the Banks and Other Financial Institutions…

An Ogun State chieftain of the Peoples Democratic Party (PDP), Segun Showunmi, has criticised politicians who describe investigations or prosecutions by anti-graft agencies as persecution simply because they belong to opposition parties, warning that such narratives undermine accountability and the rule of law. In a statement issued on Monday, Showunmi said Nigeria’s democracy is not under threat because public officials are being investigated, but rather because some political actors are…

Eight persons accused of child trafficking have been arraigned before the Minna Chief Magistrate’s Court by operatives of the Anti-Kidnapping Squad of the Niger State Police Command. The suspects were arrested in Nasarawa State and parts of the Federal Capital Territory (FCT) for allegedly stealing children from communities in Niger State and selling them for amounts said to be as high as ₦1.1 million. Read related story from New Daily…

The Federal Government has commenced construction of the N47 billion Jakara–Wuju–Wuju road and sewage project in Kano metropolis, a major infrastructure initiative aimed at controlling erosion and stimulating economic activities across key parts of the city. The project, which cuts across Gwale, Kano Municipal, Dala and Fagge Local Government Areas, is expected to significantly improve urban mobility, sanitation and environmental management upon completion. Speaking on Tuesday, the Minister of State…

Aisha Buhari, widow of former President Muhammadu Buhari, has revealed that her husband once began locking his room after rumours spread within Aso Rock that she was plotting to kill him. She said the former president briefly believed the claims and changed aspects of his daily life, a development that, according to her, disrupted his carefully managed health routine. The former president died at a London clinic on July 13,…

The National Secretary of Nigeria’s ruling All Progressives Congress (APC), Senator Ajibola Basiru, has firmly rejected suggestions that the country is sliding into a one-party system, insisting that Nigeria remains a vibrant multi-party democracy. In an interview on Arise Television’s on Monday, Basiru described such claims as “odious comments” from what he termed “Internally Displaced Politicians” (IDPs). Read also: 2027: Lagos APC accuses opposition of being desperate He emphasised the…

Former Vice-President Yemi Osinbajo on Monday inaugurated a 250-bed Modupe and Folorunso Alakija Medical Research and Training Hospital in Osogbo, Osun State, describing the facility as a landmark investment in Nigeria’s healthcare and medical education sectors. The state-of-the-art hospital, donated by philanthropist and Chancellor of Osun State University (UNIOSUN), Dr Folorunso Alakija, was formally handed over to the university to enhance medical training, research and quality healthcare delivery. Speaking at…

Oyo State Governor, Seyi Makinde, on Monday unveiled the official Oyo @50 logo and formally commenced the 50-day countdown to the golden jubilee marking the creation of the Pacesetter State. The governor described the anniversary as a moment to reflect on five decades of progress, growth and development despite prevailing economic challenges in the country. The unveiling ceremony, held at the Governor’s Office, Secretariat, Agodi, Ibadan, attracted prominent traditional rulers,…

The Nigeria Police Force has announced that it will resume the nationwide enforcement of the tinted glass permit policy from January 2, 2026, citing rising security concerns linked to the misuse of unauthorised tinted vehicle glass across the country. The announcement was made in a statement issued on Friday by the Force Public Relations Officer, Chief Superintendent of Police, Benjamin Hundeyin. According to the police, the decision followed a comprehensive…

President Bola Tinubu on Monday held a closed-door meeting with Nigeria’s Service Chiefs at the Aso Rock Presidential Villa in Abuja, in what is widely seen as a critical security briefing amid growing national and regional challenges. Our correspondent observed that the meeting commenced at about 6:01 pm local time, as the Service Chiefs arrived at the forecourt of the Presidential Villa and were subsequently ushered into the President’s office.…

The Federal Inland Revenue Service (FIRS) has set a revenue collection target of ₦31 trillion for the 2026 fiscal year. The FIRS Executive Chairman, Dr Zacch Adedeji, disclosed this on Monday during an interactive session with the Senate Committee on Finance at the National Assembly in Abuja. Adedeji announced the figure after sustained pressure from the Chairman of the Senate Finance Committee, Senator Sani Musa, who insisted that the Service…

The former Minister of Labour and Employment, Chris Ngige, has been ordered to remain in custody at Kuje Correctional Centre until 18 December, when a High Court of the Federal Capital Territory will rule on his bail application. Justice Maryam Hassan, sitting at Gwarimpa in Abuja, issued the remand order on Monday after hearing arguments on Ngige’s bail request. Read also: Court remands Ngige in Kuje prison The former Anambra State…