Author: Citynews

Governor of the Central Bank of Nigeria (CBN), Mr Olayemi Cardoso, has cautioned bank directors and industry leaders to reinforce corporate governance or risk firm regulatory sanctions, stressing that “strong governance is the foundation of trust and stability in the financial system.” Cardoso delivered the warning during a keynote address at the Chartered Institute of Directors (CIoD) induction ceremony in Lagos, where he was represented by the CBN’s Director of Banking Supervision, Dr Olubukola Akinwunmi. He noted that the success of the recently concluded bank recapitalisation exercise would largely depend on the quality of leadership and oversight provided by directors.…

Former governor of Jigawa State, Sule Lamido has urged members of the Peoples Democratic Party (PDP) to sheathe their swords and aim for reconciliation. Lamido warned that failure to do so could diminish PDP’s historical legacy. He pleaded with party stakeholders to prioritise unity over rivalry, stressing that Nigeria’s broader challenges required a stronger and more coordinated opposition voice. Speaking via a statement, he noted that the All Progressives Congress, (APC) and African Democratic Congress (ADC) were full of PDP members. He said, “Let us forgive each other. We are brothers and sisters. Why should we be prisoners of the moment? Life…

Former Anambra State Governor, Peter Obi, has insisted that he is not desperate to become Nigeria’s President, Vice or Senate President. This is as he urged members of the Nigeria Democratic Congress (NDC) to avoid litigation and internal disputes, warning that court battles could weaken efforts to build a credible political platform ahead of the 2027 general elections. CityNews reports that Obi made the appeal on Sunday shortly after he and former Kano State Governor, Rabiu Kwankwaso, received membership cards of the party. Addressing party members, Obi said the NDC must avoid the kind of internal legal disputes that have weakened many political parties in…

Ahead of the party primaries scheduled by the All Progressives Congress (APC) for the 2027 election, leaders in Eti-Osa, Lagos, have endorsed a lawmaker, Noheem Adams, as consensus the Lagos State House of Assembly. Adams, representing Eti-Osa Constituency 1, is the Majority Leader of the Lagos Assembly. In three different letters addressed to the APC Secretariat and leadership of the party in Lagos, the leaders and residents indicated their trust in the lawmaker’s ability to galvanise residents for success. They also affirmed what they described as his effective representation and loyalty to the party and people of his constituency. One…

Zamfara State Governor Dauda Lawal has declared that the effectiveness of any administration is directly dependent on the strength and unity of its political foundation. The Governor made the statement on Saturday while participating in the All Progressives Congress (APC) state congress held at the Trade Fair ground in Gusau. According to a press release from his spokesperson, Sulaiman Bala Idris, the event saw 745 delegates from 147 wards across the state’s 14 local government areas elect a new State Executive Committee via consensus. The process was overseen by a congress committee led by Kaduna State Deputy Governor, Dr. Hadiza…

The Joint Admissions and Matriculation Board (JAMB) has fixed May 11, 2026, for its policy meeting on admissions into tertiary institutions. The meeting is expected to determine the minimum Unified Tertiary Matriculation Examination cut-off marks and other admission guidelines for universities, polytechnics, colleges of education and other tertiary institutions for the 2026/2027 academic session. CityNews reports that JAMB’s spokesperson, Fabian Benjamin, disclosed this in a statement issued on Sunday. Benjamin said the policy meeting would take place in Abuja and would bring together key stakeholders in the education sector. According to him, the Minister of Education, Tunji Alausa, is expected to unveil major…

Leading presidential aspirant of the African Democratic Congress (ADC) former Vice President Atiku Abubakar is set to visit the United States of America (USA). CityNews reports that this was disclosed in a statement on Sunday by his Media Adviser, Paul Ibe. He said Atiku has declared that his forthcoming engagement with policy and institutional stakeholders in the United States will be driven by one overriding concern: the alarming deterioration of security, governance, and economic stability in Nigeria. According to him, Nigeria is facing a full-blown internal crisis, one that can no longer be downplayed, politicized, or explained away. From the ravaging violence…

The National Democratic Congress (NDC) has confirmed that high-level negotiations are currently underway with Peter Obi, the 2023 presidential candidate of the Labour Party, and Rabiu Musa Kwankwaso, the former Governor of Kano State, regarding a potential move to the party ahead of the 2027 general elections. These secret talks suggest a major political realignment is brewing as opposition figures seek a unified platform to challenge the status quo in the next election cycle. The NDC leadership expressed a strong interest in hosting both politicians, hinting that the party is prepared to offer its presidential ticket to the duo to…

The General Overseer of the Redeemed Christian Church of God (RCCG), Pastor Enoch Adeboye, has said Nigeria’s next president, ahead of the 2027 general elections, has already been determined by God. CityNews reports that Adeboye spoke on Saturday during a workers’ meeting at the Redemption City on the Lagos-Ibadan Expressway. The cleric said the outcome of the election was beyond human influence, stressing that the will of God would ultimately prevail. Adeboye said, “The next president has already been decided by God who owns the universe. It is not something we can determine by human effort alone. The will of God will be…

If the story of Tunde Ayeni; businessman, former Skye Bank chairman, Ntel investor, political financier, and now, once again, a guest of Nigeria’s foremost anti-corruption agency EFCC, teaches us anything, it is this: the Economic and Financial Crimes Commission has a very, very long memory. On April 24, 2026, operatives of the EFCC arrested Tunde Ayeni in Abuja. The charges being investigated are staggering; alleged misappropriation and diversion of funds to the tune of N36.54 billion and $30 million, obtained from Polaris Bank through a web of at least 12 companies linked to him. The loans, according to EFCC sources,…