Abiola won June 12 election, but annulment was my toughest decision – Babangida

Former military president, General Ibrahim Babangida (retd.), has admitted that the late Chief MKO Abiola won the June 12, 1993, presidential election but described its annulment as the most difficult decision of his life. Babangida made the revelation in his autobiography, ‘A Journey in Service,’ which was unveiled in Abuja on Thursday. Reviewing the book…

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Thank you for restoring my rank, honour, Gowon tells IBB

Former Head of State, Gen. Yakubu Gowon (retd.), has expressed gratitude to the ex-military president, Ibrahim Babangida, for restoring his rank and honour. Speaking at a book presentation by the former military president on Thursday in Abuja, Gowon acknowledged that Babangida saved him from treason charges. The elder statesman also appreciated Babangida for their long-standing…

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Trump orders sacking of ‘Biden-era’ US attorneys

President Donald Trump said Tuesday that he has ordered the firing of all remaining US attorneys nominated by his predecessor Joe Biden. “Over the past four years, the Department of Justice has been politicized like never before,” Trump posted on his Truth Social platform. “Therefore, I have instructed the termination of ALL remaining ‘Biden Era’…

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N54tn budget: N’Assembly raises recurrent vote, cuts N500bn from capital spending

The National Assembly, on Tuesday, reviewed the 2025 budget, which was passed last week, reducing the capital expenditure component while raise the recurrent expenditure. The lawmakers said the review became necessary following some errors in the passed budget. Although the budget size remains N54.99tn, the capital expenditure was reduced by more than N500bn while the…

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CBN Demands Transparency: Banks to Publish Unclaimed Balances

The Central Bank of Nigeria (CBN) has directed all banks and financial institutions to publicly disclose details of dormant accounts, unclaimed balances, and other financial assets on their official websites. The directive, contained in a circular issued on Monday, is titled “Guidelines on Management of Dormant Accounts, Unclaimed Balances, and Other Financial Assets in Banks…

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