olatunde jomiloju

Circular introducing new ₦5,000, ₦10,000 notes is fake — CBN

The Central Bank of Nigeria (CBN) has disowned a circular claiming it has introduced two new denominations—N5,000 and N10,000 notes. The Central Bank of Nigeria (CBN) has dismissed a recent circular circulating on social media as “fake,” stating its official X (formerly Twitter) account. The counterfeit circular claimed that new N5,000 and N10,000 banknotes would…

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Nine injured passengers recovering, investigation ongoing-LASWA

The Lagos State Waterways Authority (LASWA) has confirmed that all nine individuals injured in the ferry fire incident at Ipakodo Ferry Terminal on April 3 are receiving medical treatment and showing signs of recovery. Epe Insights previously reported a fire incident involving the Lagos State Ferry Services (LAGFERRY) vessel, Igbega Eko, which occurred on Wednesday…

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Natasha’s recall petition fails to meet constitutional requirements – INEC

The petition to recall Senator Natasha Akpoti-Uduaghan, who represents the Kogi Central Senatorial District, has failed to meet the constitutional requirements specified in Section 69(a) of the Constitution of the Federal Republic of Nigeria 1999 (as amended). The Independent National Electoral Commission (INEC) made this announcement on Thursday through its official X handle. The commission…

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Independence Bridge: Sanwo-Olu apologises to Lagosians over severe gridlock

Governor Babajide Sanwo-Olu has issued an apology to Lagosians who were stranded for hours in traffic due to ongoing repair work on the Independence Bridge. The closure of the Independence Bridge for repairs left thousands of commuters stuck in the area between Wednesday evening and early Thursday. Social media quickly shared photos and videos of…

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Edo tribunal dismisses Action Alliance’s petition against Okpebholo, APC

The Edo State Governorship Election Petition Tribunal in Abuja has dismissed the petition filed by the Action Alliance (AA) and Adekunle Omoaje challenging the election of Governor Monday Okpebholo, the All Progressives Congress (APC), and the Independent National Electoral Commission (INEC). In its ruling on Wednesday, the three-member tribunal struck out the petition, describing it…

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Nigeria’s Net Reserve Hits $23bn, Highest In Over Three Years — CBN

Nigeria’s Net Foreign Exchange Reserve (NFER) as of the end of 2024 stood at $23.11 billion, the highest level in over three years, reflecting a substantial improvement in the country’s external liquidity, reduced short-term obligations, and renewed investor confidence. According to a statement from the Central Bank of Nigeria (CBN), the increase in reserves reflects…

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Lagos, Kano lead as 117 million Nigerians get NIN

As of February 28, 2025, the National Identity Management Commission (NIMC) had registered 117 million individuals for the National Identity Number. The latest enrollment statistics from the NIMC dashboard show that 66,281,803 (56.5%) of the registered individuals are male, while 51,079,521 (43.5%) are female. Lagos State has the highest cumulative enrollment, with over 12.6 million…

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