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Figures obtained from the Central Bank of Nigeria (CBN) has shown that Currency in circulation rose by 56.44 billion naira in one month from 2.369 trillion naira as of the end of August to 2.426 trillion naira as of the end of September.According to the CBN’s monthly economic report for May, extensive cash reserve ratio debits on banks that failed to comply with policy directives increased the monetary authority’s liabilities to other depository corporations and ...

Socio-Economic Rights and Accountability Project (SERAP) has sent a petition to the Prosecutor, International Criminal Court (ICC), FATOU BENSOUDA urging her to “promptly investigate reports that Nigerian authorities and some politicians are using thugs and security agents to intimidate, harass, attack and kill #EndSARS peaceful protesters in several parts of Nigeria.SERAP urged BENSOUDA to “push for those suspected to be responsible for these crimes to be tried ...

The Presidency has appealed for calm and understanding from #EndSARS protesters across the country over the recent crisis that marked the protests.It also assured of the President’s commitment to the full implementation of the demanded reform of the Nigeria Police Force.In a statement by the Special Adviser on Media and Publicity to President MUHAMMADU BUHARI, FEMI ADESINA, the Presidency observed not less than 13 states across the country had started...

The House of Representatives has ordered the Central Bank of Nigeria to review all currently frozen accounts in Nigeria within 48 hours.The House also asked the apex bank to remove the freeze order on accounts unconstitutionally frozen, after one week.The lawmakers further expressed concern about the appeals from Nigerians about the hardship and poverty they experienced from extended freezing of their personal, corporate and other accounts by the CBN....

The Ogun State Government has ordered the closure of schools and the suspension of motorcycle operations across the State.The State Governor, DAPO ABIODUN made the announcement in his office at Oke-Mosan, Abeokuta.Governor ABIODUN said as a result of the #ENDSARS protest rocking the country; he has also ordered the beefing up of security around Correctional Centres and public buildings.The Governor further cautioned that blockade of highwa...

The Lagos State Governor, BABAJIDE SANWO-OLU, has called for calm across the state, following the shooting by soldiers that occurred at the Lekki Toll Gate area of the state.He has also ordered an investigation into the incident and instructed security agents not to arrest anyone on account of the curfew.This was disclosed in a statement signed by the Commissioner for Information and Strategy, GBENGA OMOTOSO.Speaking further, the governor ...

The European Union’s diplomatic chief, JOSEP BORRELL has welcomed President DONALD TRUMP’s announcement that he is ready to remove Sudan from a US blacklist of state sponsors of terrorism.The move which is a major boost for Sudan’s civilian-backed government after decades as an international outcast came after the country agreed to a 335 million dollars compensation package for victims and relatives of past attacks.BORRELL said the propose...

The naira fell slightly at the parallel market, as it exchanged to the dollar for 460 naira per dollar yesterday.The naira had exchanged to the dollar last week for 458 naira. Figures obtained from the Central Bank of Nigeria revealed that the country’s external reserves which stood at 35.75 billion dollar as of October 2 had lost 78.34 million dollar to close at 35.67 billion dollar as of October 16.The CBN stated that Sequel to th...

The Nigeria Police Force has confirmed the attacks on three different police stations in Edo State by alleged End SARS protesters. The police in a statement on Twitter identified the stations as Ugbekun Police Station, Oba Market Police Station, and Idogbo Police Post. The Force in its tweet statement also called on parents and guardians to prevail on their wards to desist from acts of violence under any guise whatsoever.According to...

The Governor of Ogun State, DAPO ABIODUN has inaugurated an eight-man judicial panel of investigation to probe the alleged human rights abuses and police brutality in the state.The panel is headed by retired Justice SOLOMON OLUGBEMI while OLUWATOSIN OGUNDELE is the secretary.The Governor urged them to carry out the assignment with utmost sense of responsibility to the people of the stateThe judicial panel has six months to discharge its re...