Nigerian NewsDirect

MPR rate cut: Will cheaper credit reach Nigerian businesses?

By Zita Ifeanyichukwu The Central Bank of Nigeria recently reduced its Monetary Policy Rate (MPR) from 26.5 percent to 23 percent, representing a 350-basis-point reduction. The decision, announced after the Monetary Policy Committee’s meeting on September 21 and 22, 2026, is expected to influence borrowing costs, investment decisions, and economic activity. The CBN stated that ...

N/Central APC holds grand rally in Lafia for Tinubu’s re-election

The North Central All Progressives Congress have scheduled a grand rally for Lafia, the capital of Nasarawa State, next Saturday. The rally is part of the region’s Grassroots Mobilisation Movement programme to support the re-election of President Tinubu and Vice President Kashim Shettima in 2027. At the movement’s inaugural meeting, held at the office of ...

Crime

Police recover stolen vehicle, abducted person in Abuja, Bauchi

The Nigeria Police Force has revealed operational successes in Bauchi State and Abuja. The Police, in a statement on Sunday by the Force Public Relations Officer, CSP Ini Aniedu, made this known. According to the statement, a police patrol team, in conjunction with local hunters, successfully rescued one of the victims of an abduction incident ...

Kwara CJ cautions lawyers, officials against misuse of AI

The Kwara State Chief Judge, Justice Abiodun Adebara, has cautioned lawyers and judicial officials to use artificial intelligence in judicial administration responsibly and cautiously. To this end, Adebara noted that AI has come to stay, but added that in judicial administration, AI should be used with caution, as an aid to and not a substitute ...