Top 10 News Updates You Should Know Today

1. Senate Passes State Police Constitutional Amendment Bill

The Senate has passed the constitutional amendment bill to establish state police, marking one of the biggest security reforms since Nigeria returned to democracy. The proposal seeks to allow states to create and manage their own police services alongside the Nigeria Police Force.

Supporters say the move will improve responses to kidnapping, banditry and other security threats, while critics have warned about possible political misuse. The bill now moves to the next constitutional stages before it can become law.

2. CBN Revokes Licences of 46 Microfinance Banks

The Central Bank of Nigeria has withdrawn the operating licences of 46 microfinance banks over regulatory breaches, including insolvency, inactivity and failure to meet minimum capital requirements.

The Nigeria Deposit Insurance Corporation has commenced liquidation of the affected institutions and advised depositors to begin the refund process. The action is expected to strengthen confidence in the banking sector, although concerns remain over access to financial services in underserved communities.

3. Several Feared Dead in Fresh Benue Attack

Several people are feared dead after suspected herders attacked another community in Benue State, adding to the growing death toll from recurring violence in the Middle Belt.

Security personnel have been deployed to the affected area while investigations continue. Community leaders are demanding stronger protection as concerns grow over the impact of the violence on farming and food production.

4. Nigeria Seeks Compensation for Citizens Who Lost Property in South Africa

The Nigerian government says it will pursue compensation for citizens who abandoned businesses and properties while fleeing renewed xenophobic violence in South Africa.

The latest batch of returnees has arrived in Lagos as diplomatic engagements continue between both countries. The development has renewed discussions about the protection of Nigerians living abroad.

5. Oyo Teachers Suspend Strike, Schools Set to Reopen

The Nigeria Union of Teachers in Oyo State has suspended its industrial action following fresh discussions with the state government after recent security concerns involving schoolchildren.

Teachers have been directed to resume work, bringing relief to parents and students. Authorities say efforts to improve school security and resolve outstanding issues will continue.

6. Tinubu Flags Off Akwanga-Jos Super Highway

President Bola Tinubu has flagged off construction of the Akwanga-Jos Super Highway as part of the Federal Government’s infrastructure programme aimed at improving connectivity across the North Central region.

The project is expected to reduce travel time, support trade and create jobs. Government officials say work will proceed in phases with funding already secured.

7. Soldiers Accused of Assaulting UNIOSUN Students

The management of Osun State University has demanded action after soldiers allegedly assaulted students during an incident that has generated widespread condemnation.

Military authorities have begun investigations into the allegations. Civil society groups and the university community are calling for accountability if those involved are found culpable.

8. Folarin Balogun Scores as USA Progress at World Cup

Nigeria-eligible striker Folarin Balogun scored for the United States in their World Cup victory over Bosnia and Herzegovina before receiving a red card late in the match.

His performance has continued to attract attention from Nigerian football fans following the Super Eagles’ absence from the tournament. The United States now advances to the next stage.

9. IMF Raises Concerns Over Nigeria’s Unreported Public Spending

The International Monetary Fund says Nigeria recorded unreported public spending equivalent to about two percent of its Gross Domestic Product, urging stronger fiscal transparency.

The observation comes as the country pursues economic reforms and seeks to improve investor confidence. Analysts say the findings could shape future budget oversight and financial accountability.

10. ICPC Arrests Former Minister Uche Nnaji

The Independent Corrupt Practices and Other Related Offences Commission has arrested former Minister of Innovation, Science and Technology, Uche Nnaji, over allegations involving forged academic and NYSC certificates.

The former minister has previously denied the allegations. The case is expected to proceed through the courts and is likely to remain under close public scrutiny.

 

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