Month: August 2025

Tinubu Submits 2025 Budget Proposal to National Assembly

Nigeria's President Bola Tinubu has submitted the 2025-2027 Medium Term Expenditure Framework and Fiscal Strategy Paper to the National Assembly. Following the submission, he asked the National Assembly to approve…

CBN Warns Against Fake SWIFT Messages, Clarifies Role in Foreign Payments

The Central Bank of Nigeria (CBN) has issued a strong warning against the use of fraudulent SWIFT messages, clarifying that it does not provide correspondent banking services for Nigerian banks…

FG Lifts Ban on Posting Corps Members to Private Sector, Opens New Opportunities

The Federal Government has lifted the restriction on the posting of National Youth Service Corps (NYSC) members to private sector organizations, including industries like banking, oil and gas, and more.…

CONYL Endorses Seyi Tinubu for Lagos Governorship in 2027

The Coalition of Nigerian Youth Leaders (CONYL), the umbrella body representing youth groups across the country’s six geopolitical zones, has officially endorsed Seyi Tinubu as their candidate for the Governorship…

18-Year-Old Ex-convict, Accomplice Arrest For Theft In Ogun

Men of the Ogun state police command have arrested an ex-convict, as well as his accomplice for theft The suspect, Abdullahi Idowu, 18, was arrested, alongside his accomplice, Samson Ojo,…

CBN Warns Nigerians Over Surge in Fraudulent Foreign Currency Transfer Claims

The Central Bank of Nigeria (CBN) has issued a stern warning to Nigerians about a rising trend of fraudulent foreign currency transfer claims, urging the public to be cautious of…

Police Arrest Park Manager For Attempted Murder, Others In Osun

The Osun state police command have arrested one Nuruden Alowonle, a park manager for Illegal possession of firearm, amongst other crimes. Daily Report Nigeria gathers that Alowonle was appointed by…

Tinubu Seeks Senate Approval for N1.767trn External Borrowing Plan

President Bola Ahmed Tinubu has formally requested the National Assembly’s approval to implement a new external borrowing of $2.209 billion (₦1.767 trillion), as provided for in the 2024 Appropriation Act.…

Tinubu’s Tax Reform Bills: Only Three States Receive Over 70% VAT in Nigeria – FIRS

The Chairman of the Federal Inland Revenue Service, FIRS, Zacch Adedeji has revealed that only three states benefit from the current tax law. He stated that the three states receive…

Ex-convict Arrested For Armed Robbery And Hypnotizing Victim In Bauchi

Operatives of the Bauchi State Police command have arrested a man for multiple crimes of armed robbery. The suspect, who is also said to be an ex-convict was said to…