![The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso [PHOTO CREDIT: Central Bank of Nigeria]](https://i0.wp.com/media.premiumtimesng.com/wp-content/files/2025/10/553004406_1255310853307347_5572652078113020029_n-e1760301986206.jpg?fit=1147%2C740&ssl=1)
“Through deliberate policy actions, we eliminated the system of multiple exchange rates and significantly reduced the parallel market premium.”
The post Nigeria’s FX market reforms raise capital inflows by 200% – Cardoso appeared first on Premium Times Nigeria.
The party had earlier, on 3 March, elected a new set of exco in defiance of the order of the Federal High Court, Akure.
The post Ondo APC conducts fresh congress, elects new exco appeared first on Premium Times Nigeria.
“Yes, I know him as a parent. He has children in my institution. He has four children at the American International School, Abuja,” the witness said of former Governor Yahaya Bello on Thursday.
The post How $760,000 school fees were paid in advance for Yahaya Bello’s children – Witness appeared first on Premium Times Nigeria.
With the defection of the eight lawmakers, ADC now has nine seats in the upper legislative chamber of the National Assembly.
The post Eight senators join ADC from PDP, LP, APGA appeared first on Premium Times Nigeria.
Most of the defectors cited internal crises in their parties and the need to align politically in ways they believe would better serve their constituencies as reasons for leaving.
The post 12 Reps defect to APC, ADC appeared first on Premium Times Nigeria.
As Muslims across Nigeria observe the sacred month of Ramadan, Knorr kicked off its annual Share
The Good initiative, beginning with visits to communities across Ogun, Oyo, and Lagos states
The post Share The Good: Knorr brings the warmth of Iftar to more communities this Ramadan appeared first on Premium Times Nigeria.
A chieftain of the ruling All Progressives Congress, APC, in Kwara State, Barrister Kunle Sulyman, is dead.
According to a family source, Barrister Kunle, who would have clocked 82 in April 2026, died on Thursday in Ilorin the state capital.
Barrister Kunle, was a close ally of Governor Abdulrahaman Abdulrazaq and father of the Kwara State Attorney General and Commissioner for Justice.
At the time of this report, details surrounding his last moment and death remained sketchy.
A journalist identified as Habeeb Adejobi has said he was attacked and assaulted by individuals alleged to be loyalists of Moyosore Ogunlewe, the chairman of Kosofe Local Government in Lagos State.
Adejobi, who works with MITV, said the incident occurred on Wednesday when he visited the council secretariat to cover the screening of supervisors and special advisers appointed by the council.
He explained that he arrived at the secretariat around 4 p.m. and attempted to reach the council chairman and the information officer to formally notify them of his presence, but both were unreachable.
According to him, he also contacted a councillor, who informed him that the council was still in session conducting the screening exercise. He waited for a while before setting up his camera within the premises.
“A man approached me and asked if I was the journalist, and on confirming my identity, he told me that the chairman had directed that I should leave the premises.
“I explained that I had already sent a message to the chairman informing him of my presence, but the chairman, on coming out, asked for my identification card. I wasn’t with it at the moment; next, he ordered that my cameras should be seized.”
He further alleged that after the equipment was taken from him, officers of the Nigeria Security and Civil Defence Corps (NSCDC) and members of a special task force attached to the chairman descended on him, punching and beating him.
The journalist said he was subsequently taken to the Area H Police Command, where his phone was also seized.
Responding to the allegation, the management of Kosofe Local Government, in a statement signed by the Head of Public Affairs, Hamzat Olaide, denied the allegations, stating that the Ogunlewe-led administration did not authorize any form of attack on the journalist or any other individual.
The council underlined that the administration continues to place a high importance on journalists’ safety, dignity, and professional freedom.
“The Executive Chairman is a law-abiding public servant who holds the media in high regard. He has taken the allegation with utmost concern, particularly considering his longstanding cordial relationship with members of the press,” the statement reads.
The council promised the public that appropriate measures will be taken to ascertain the truth and ensure justice if necessary while the circumstances surrounding the alleged occurrence are being reviewed.
Lagos: Journalist accuses Kosofe Council chairman of assault
A Senior Advocate of Nigeria, Femi Falana, has decried that the Nigerian National Petroleum Company Limited, NNPCL, depends solely on Dangote Refinery.
Fielding questions in an interview on Channels Television’s Politics Today on Thursday, Falana asked the whereabouts of the money spent of the public refineries.
The human rights lawyer was speaking on the Middle East crisis and its impact on the Nigerian economy.
“The NNPC now solely relies on Dangote Refinery. Is this how to run a country? After pouring money down the drain, $2.9bn was spent on maintaining our four refineries.
“Nobody is talking about that. Now it’s all about Dangote! How much crude oil are we giving to Dangote,” he asked.
DAILY POST had reported that there is currently unrest going on in the Middle East, which is a great distributor of fuel across the world.
Celebrated Abuja-based lawyer, Pelumi Olajengbesi, has quit law practice to pursue his political ambition.
Pelumi Olajengbesi, who is a co-founder of the Law Corridor, announced his temporary disengagement from the firm in a statement shared on his Instagram page.
While revealing his decision to step aside from law practice, he attributed it to his aspirations for public service.
He wrote, “I formally stepped aside from the Law Corridor as I turn my full attention to my political engagements and aspirations for public service.”
DAILY POST reports that Pelumi is rumoured to be contesting for the Obokun–Oriade Federal Constituency seat in Osun State in the 2027 general election.
This follows his ongoing political engagement in Osun State as the convener of ‘Imole Grassroots Mobilisation Network’, a political support movement for Governor Ademola Adeleke’s re-election.
2027: Pelumi Olajengbesi quits law practice to pursue political ambition
