President Bola Ahmed Tinubu has approved the nomination of Lamido Abubakar Yuguda as Deputy Governor of the Central Bank of Nigeria (CBN), in a move aimed at strengthening the country’s monetary policy leadership. The nomination, which is subject to confirmation by the Nigerian Senate, was disclosed on Wednesday in a statement issued by the President’s Special Adviser on Information and Strategy, Bayo Onanuga. According to the statement, the nomination was made in line with Section 8(1) of the Central Bank of Nigeria Act 2007. The presidency explained that Yuguda’s nomination follows the recent appointment of former CBN Deputy Governor, Bala…
Author: Naija Daily News
Moves to reconcile warring factions within the Peoples Democratic Party (PDP) gained momentum on Wednesday as key leaders called for unity and an end to prolonged internal disputes. However, the Minister of the Federal Capital Territory, Nyesom Wike, rejected proposals for the formation of a new caretaker committee, insisting that the party must proceed with its planned national convention. The renewed push for reconciliation emerged during the 86th meeting of the party’s Board of Trustees (BoT) and the 106th meeting of its National Executive Committee (NEC), held in Abuja. Speaking at the NEC meeting convened by the faction led by…
Fresh attacks on commercial vessels in the Gulf on Wednesday have heightened tensions in the Middle East, as Iran intensified its campaign against regional oil-exporting rivals, raising fears of disruptions to global energy supplies through the critical Strait of Hormuz. At least three commercial ships were struck in separate incidents, with one vessel reportedly engulfed in flames. The attacks come as the ongoing conflict involving Iran, the United States, and Israel entered its 12th day, escalating concerns over the safety of international shipping routes. Global oil prices jumped by more than five per cent in early trading following the attacks.…
The Senate on Wednesday confirmed the appointment of Taiwo Oyedele as Minister of State for Finance under the administration of Bola Ahmed Tinubu. The confirmation followed a voice vote by lawmakers after the nominee was considered and cleared by the Committee of the Whole. Senate President Godswill Akpabio announced the decision after senators concluded deliberations on the nomination. Oyedele is expected to replace Doris Uzoka-Anite, who was recently reassigned to serve as Minister of State for Budget and National Planning. The confirmation came after an extensive screening session that lasted more than two hours, during which senators questioned the nominee…
Unidentified assailants have killed a Point of Sale operator, Aliyu Musa, during an early morning attack in Minna, Niger State. The attackers were said to have forced their way into Musa’s residence in the T Mama area of the state capital in the early hours of Monday. Reports indicated that the assailants rejected offers of money and pleas from the victim, allegedly telling him they had come only to kill him. Musa was reportedly stabbed in the stomach before being repeatedly attacked with a machete. Neighbours who heard his cries for help rushed to the scene but were unable to…
Some countries, including India, have reportedly declined to accept several ambassadorial nominees recently posted by Bola Tinubu, citing diplomatic policies that discourage receiving envoys from governments with less than two years remaining in office. Senior officials in Nigeria’s presidency and foreign service disclosed that India has already signalled its reluctance to accept career diplomat Muhammad Dahiru, who was designated to serve as Nigeria’s ambassador to New Delhi. According to the officials, India maintains a standing policy against accepting ambassadors from administrations that have fewer than two years left in office, and the country is exercising its discretionary powers to decline…
Authorities in Ghana have arrested 93 Nigerians over alleged cybercrime and human trafficking activities in Accra, while rescuing 73 other Nigerians who were reportedly subjected to torture and abuse. A report by ABC News GH on Tuesday, citing the Ghana Immigration Service, said those arrested include 91 men and two women facing charges related to cybercrime and immigration violations. The 73 rescued victims have since been repatriated to Nigeria. The arrests followed coordinated raids on six houses at the DEVTRACO Estate, where authorities targeted a network allegedly involved in internet fraud and the unlawful detention of individuals. Deputy Superintendent of…
Nigeria’s Minister of Defence, Christopher Musa, on Wednesday convened an emergency meeting with the nation’s Service Chiefs following a series of deadly attacks on military formations in the North-East. The high-level meeting, held at the Ministry of Defence headquarters in Abuja, brought together top military commanders to review the country’s counter-terrorism strategy amid escalating violence in the region. Those in attendance included the Chief of Defence Staff, Olufemi Oluyede; the Chief of Army Staff, Waidi Shaibu; the Chief of Air Staff, Sunday Aneke; and the Chief of Naval Staff, Idi Abass. Representatives of the National Intelligence Agency were also present.…
The Chief of Air Staff, Sunday Kelvin Aneke, has assured the Independent National Electoral Commission of the Nigerian Air Force’s readiness to provide nationwide airlift and comprehensive security support for the 2027 general elections. Aneke gave the assurance on Tuesday during a courtesy visit to the commission’s headquarters in Abuja. He noted that the Air Force has consistently played a vital role in ensuring the timely distribution of both sensitive and non-sensitive electoral materials across the country. According to him, although some of the Air Force’s C-130 aircraft are currently undergoing scheduled maintenance abroad, the service will deploy alternative aircraft…
Iran on Tuesday issued a stern warning to United States President Donald Trump, telling him to “be careful not to be eliminated” as tensions deepen over the strategic Strait of Hormuz and the widening conflict in the Middle East. The warning came from Iran’s security chief, Ali Larijani, who dismissed Trump’s recent threats as “empty” and insisted that Tehran would not be intimidated. Writing on the social media platform X, Larijani said the Iranian nation had faced stronger adversaries in the past and survived. “Iran is not afraid of your empty threats. Even those greater than you could not eliminate…