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Mr Olayemi Cardoso, the Governor of Central Bank of Nigeria has said the reforms being carried out by the bank are aimed at stabilising the economy, restoring confidence and bringing inflation down to single digits in the medium term.

Cardoso said this while taking questions during a fireside chat at his inaugural lecture series at the Lagos Business School (LBS).

The lecture had the theme ‘Next Generation Leadership in Monetary Policy and Nation Building’ and marked the launch of the CBN Governor’s Lecture Series.

The lecture had in attendance students from various tertiary institutions, members of academia, bankers and industry experts.

Cardoso explained the challenges of stabilising the nation’s economy and how hard work and credibility had helped CBN to redirect the nation’s economy on a positive growth path.

He explained ongoing reforms and achievements in the last two years geared toward stabilising the economy and restoring investor confidence.

‘The idea is to ensure that in the medium term we achieve single-digit inflation,’ he said.

He said interest rates and the foreign exchange market were areas of concern for everyone, adding that, at one point in time, the foreign exchange market had multiple challenges.

He explained the crisis of access to foreign exchange when he assumed office two years ago and efforts through necessary and stringent reforms that restored sanity, transparency and credibility.

He said credibility is at the heart of any central bank to win people’s trust and investor confidence, while listing some benefits of the reforms, including the ability of citizens to use Naira debit cards abroad.

Cardoso said when he promised to clear verifiable FX backlog estimated at over seven billion dollars, the feat was a daunting task which credibility, transparency and resilience helped him to achieve.

He said promises must be kept for people to keep trusting the nation’s economy, adding that people invest where there is integrity, credibility and trust, and that transparency and credibility restored sanity and attracted foreign investors.

Cardoso said during his tenure the apex bank began publishing financial statements, a practice that had been suspended for several years.

‘For years, the financial statements of the Central Bank had not been published. We have gone ahead to publish it. It’s on our website,’ he said.

He also explained how CBN used technology to eliminate sharp practices, citing adoption of a new electronic matching system, which made market activities open and transparent.

According to him, beyond macroeconomic stability, vision building involves creating opportunities for young people, in particular areas like financial inclusion and support for small and medium-scale businesses.

Cardoso said he was not seeking to praise himself but urged Nigerians to read positive comments of various local and international rating agencies about the efforts of the bank under his leadership.

Earlier, while delivering his keynote, he insisted that the CBN is building an institution that can be trusted, while urging the youths to embrace credibility.

Cardoso said the inaugural lecture initiative was aimed at deepening public understanding and strengthening the transmission of monetary policy.

The governor said the country’s most important asset is its next generation, which forms the largest demographic comprising more youths who must be groomed to drive the nation’s future development and growth.

He said when he assumed office as governor in 2023, Nigeria’s economy faced formidable headwinds with high inflation rates, depleted external reserves, low investor confidence, and nearly every macroeconomic indicator under pressure.

Cardoso said he tackled inflation with tightening policy aggressively, raising rates by more than 800 basis points and strengthening liquidity management.

He explained other reforms including strengthening reserves, now standing above 42 billion dollars, and new channels for diaspora remittances and investments.

‘On financial inclusion, we expanded mobile and agency banking to underserved communities, raising access from 56 per cent in 2020 to over 64 per cent in 2025, and commenced the recapitalisation of banks to ensure a stronger, more resilient financial system,’ he said.

He said the nation’s inflation, which peaked at almost 35 per cent, moderated to about 20 per cent, adding that real GDP expanded by 4.2 per cent in the second quarter, signaling a re-emergence of growth momentum.

The apex bank boss also explained the future of digital payments, credit, savings, investment and others being redefined by fintech and digital platforms.

Prof. Olayinka David-West, Dean, Lagos Business School (LBS), Pan-Atlantic University, delivering a welcome address, explained the role of the institution since inception in 1991.

She praised the partnership with the CBN governor to foster thought leadership, policy engagement, and in-depth discourse between town and gown.

Chelsea’s manager, Enzo Maresca, was sent off after celebrating his team’s dramatic late goal in their 2-1 win over Liverpool at Stamford Bridge.

Maresca had already received a yellow card earlier in the match for arguing about a VAR decision on a penalty appeal.

When Willian Estevão scored a last-minute winner, Maresca ran across the pitch to celebrate with his players.

Referee Anthony Taylor then showed him a second yellow card, which meant he was sent off.

The red card came in the 96th minute and did not affect Chelsea’s victory.

The win lifts Chelsea to sixth place in the Premier League table with 11 points from seven matches.

Liverpool now drop to second place, behind Arsenal, who had earlier beaten West Ham 2-0.

The Executive Director of the Centre for Citizens with Disabilities (CCD), Mr David Anyaele, has revealed how President Bola Tinubu rehabilitated him after Sierra Leone rebels amputated his hands in 1999.

He said he wrote to various governments, including Southeast governors, seeking support after his ordeal was televised, but his requests were rejected.

Anyaele spoke on Friday evening during the Nkata Umuibe, a monthly speakers’ series organised by the Centre for Memories (CFM), Enugu, with the theme ‘Onye Aghana Nwanne Ya’.

He explained that the assailants were fighters of the Revolutionary United Front (RUF), which waged war in Sierra Leone between 1991 and 2002.

The disability rights activist said after his request to Southeast governors and others were rejected, he later sent the same appeal to then Lagos governor Bola Tinubu, who directed doctors to examine him.

Medical reports recommended overseas treatment, leading to his rehabilitation in Germany, where artificial hands were fitted.

‘I must thank the Tinubu administration and the good people of Lagos State for their hospitality,’ Anyaele said.

He lamented that living with disability in Igboland often meant enduring discrimination and neglect.

Recounting his ordeal, Anyaele said he was on a business trip to Freetown when he was attacked solely because he was Nigerian.

He recalled that his pleas not to be mutilated were ignored, stressing that many Nigerians faced similar inhuman treatment during Sierra Leone’s civil war.

He said Nigerian-led ECOMOG troops rescued him while he lay in pain and rushed him to hospital, saving his life.

‘That experience changed my world as I suddenly found myself in the disability community, without knowing what the future held,’ he said.

He added that he was subjected to stigma, discrimination, isolation, and exclusion because of his disability.

Appealing to Igbos, Anyaele urged them not to discriminate against persons with disabilities but to embrace inclusion, noting disability could happen to anyone anytime.

He commended Gov. Alex Otti for establishing the Abia State Disability Commission and urged Gov. Peter Mbah to replicate it in Enugu State.

Bandits unleashed terror on residents of Zamfara State Friday evening, killing several people and abducting many others in a violent ambush along the Mayanchi-Anka Road.

The Nation reports that eyewitnesses described the attackers as heavily armed and operating with impunity.

According to the report, one of the survivors, Malam Muhammad Ahmad, recounted his narrow escape.

‘The bandits blocked us on the highway and kidnapped many people. Some of us had to flee into the bush. Only those who managed to hide in farms with tall crops escaped,’ he said.

Ahmad also confirmed the death of his colleague, Abubakar Lawali Sardauna, who was killed after refusing to be taken by the armed men. ‘He told them he would not follow them to the bush. They shot him on the spot,’ he added.

As of press time, efforts to reach the Zamfara State Police Public Relations Officer, Yazid Abubakar, were unsuccessful, the report says.

Mohammed Kudus was the hero as Tottenham Hotspur ended Leeds United’s remarkable unbeaten home run with a 2-1 victory at Elland Road on Saturday.

Leeds had not suffered a league defeat on home soil in over a year, their last coming in September 2024 against Burnley in the Championship but Kudus’ brilliance on a rainy afternoon brought that record crashing down.

The Ghanaian midfielder produced a stellar performance, assisting Mathys Tel for Tottenham’s opener and later firing home the decisive goal that sealed all three points for the visitors.

Tel opened the scoring in the 18th minute after latching onto Kudus’ through ball and unleashing a fierce 20-yard strike that deflected off Pascal Struijk and wrong-footed Leeds’ goalkeeper Karl Darlow.

The hosts, however, found a way back into the contest when Dominic Calvert-Lewin’s intelligent hold-up play teed up Brenden Aaronson, whose shot was parried by Guglielmo Vicario into the path of Noah Okafor to tap in the rebound.

But Spurs, hungry to return to winning ways after back-to-back draws, restored their lead in style. Kudus weaved across the top of the box before driving a low effort into the bottom corner to make it 2-1 – a goal that silenced Elland Road.

Despite Leeds’ late surge, including a near-miss from Joel Piroe and a Struijk header over the bar in stoppage time, Tottenham held firm to secure a crucial away win.

The result lifts Spurs to second place on the Premier League table, just one point behind leaders Liverpool, while Leeds’ impressive home record finally comes to an end.

For manager Frank, the victory was a statement of resilience following a tough midweek Europa fixture in the Arctic Circle. With key creative players James Maddison and Dejan Kulusevski sidelined, Kudus’ influence was evident – registering his fourth assist of the season, winning 10 duels, and completing six successful dribbles in a dominant display.

As the rain poured down and the final whistle blew, Spurs’ celebrations said it all – this was more than just three points; it was a morale-boosting victory that reaffirmed their title ambitions.

Real Madrid secured a commanding 3-1 victory over Villarreal at the Santiago Bernabéu, with goals from Vinícius Júnior, Kylian Mbappé, and a spirited team display.

The hosts dominated possession from the onset, controlling 81% of the ball in the opening stages and keeping Villarreal pinned in their own half.

Despite several early half-chances, Real had to wait until the second half to make their breakthrough.

After a goalless first period, Real Madrid found the breakthrough just two minutes after the restart.

Vinícius Júnior showcased his trademark quick feet and dribbling ability, weaving through multiple yellow shirts before his deflected effort wrong-footed goalkeeper Arnau Tenas and found the back of the net to make it 1-0 in the 47th minute.

Villarreal, however, refused to be subdued and attempted to respond swiftly through Georges Mikautadze and Pape Gueye, who both came close to testing Thibaut Courtois.

Real Madrid extended their lead in the 69th minute when Pape Gueye’s handball inside the box prompted referee Guillermo Cuadra to point to the spot. Vinícius stepped up confidently and, despite Tenas getting a hand to the ball, slotted home to make it 2-0.

The goal came after a series of substitutions by Alonso, including the introduction of Jude Bellingham and Eduardo Camavinga, which injected more energy and precision into Madrid’s midfield.

Villarreal managed to pull one back just four minutes later when Gueye’s clever pass found Mikautadze at the edge of the box. The Georgian forward unleashed a pinpoint strike into the bottom left corner, reducing the deficit to 2-1 and giving the visitors a brief glimmer of hope.

That hope, however, was extinguished in the 81st minute. Brahim Díaz, who had just come off the bench, slipped an incisive pass to Mbappé inside the penalty area.

The French star calmly slotted past Tenas from close range to restore Madrid’s two-goal cushion at 3-1. Moments later, Mbappé limped off after appearing to suffer a minor knock, replaced by Rodrygo.

In stoppage time, Real Madrid continued to press for a fourth goal. Federico Valverde sent a fierce long-range effort over the bar, while Bellingham saw his late strike blocked inside the box. Villarreal offered little in response, especially after Santiago Mourino was sent off for a second yellow card in the 77th minute.

Nigerian content creator and social media marketer Ushie Delight Agbo has lost access to her TikTok account after the platform issued a ban.

Agbo, known online by the aliases ‘Energy Goddess’ and ‘Queenlight,’ had been active on TikTok since 2021, gaining 2.2 million followers and more than 62 million likes prior to the removal. She was recognized for her energetic videos and frequent collaborations with brands through digital marketing campaigns.

The ban has prompted reactions from her supporters, many of whom expressed surprise at the sudden disappearance of her account. TikTok has not disclosed the reason for the enforcement action, reflecting broader concerns among creators about transparency in platform moderation and account security.

Agbo, who was born on August 9, 2000, is considered one of several young Nigerian influencers who have built large followings on TikTok in recent years. While the suspension marks a setback in her online career, industry observers suggest she could continue leveraging her profile and experience on other platforms as the creator economy in Nigeria expands.

The Federal Government has distributed free inputs, including motorised and solar powered water pumps, sprayers, pesticides, fungicides, power tillers, multipurpose trashers, dehydrators, motorized weeders and others to 49 agricultural cooperative groups in Sokoto State.

The free inputs, distributed through the Ministry of Agriculture and Food Security in Sokoto state were part of the Federal Government’s initiative to increase food production.

Minister of Agriculture and Food Security, Sen. Abubakar Kyari, told beneficiaries that the initiative was designed to strengthen Nigeria’s food security especially among small holder farmers adding that the farmers’ groups were selected to benefit with free items across the country.

Represented by a Director from the ministry, Mr Abdulmajid Sule, the minister said all the beneficiaries would received the farming inputs completely free of charge.

He emphasised that President Bola Tinubu considered food security as emergency and aligned the agriculture sector among the Renewed Hope Initiatives to ameliorate food crises in the country.

According to him, the present administration was implementing numerous economic reforms to stimulate productive capacity, create jobs, and reduce cost of living among the citizens.

He reiterated that the Fed Government was prioritising the agricultural programmes and overhauled it through promoting profitable synergies with non governmental organisations, federal institutions and state governments in order the achieve the objective.

He explained that the beneficiaries included commodity groups, cooperatives, persons with disabilities, women and youths associations, and other agricultural stakeholders across the state.

Kyari warned the beneficiaries not to sell the inputs but to use them responsibly highlighting that agro-inputs and basic machinery were meant for small-scale farmers who were constrained by the hight market cost of the products.

‘The present administration developed agricultural sector toward improved agriculture and rural productivity as well as attaining objectives of Sustainable Development Goals (SDGs) and zero hunger,’ Kyari said.

The Coordinator of Federal Ministry of Agriculture Office in Sokoto, Hajiya Hadiza Abdullahi, said all the cooperative groups were registered and drawn from the 23 local government areas of the state.

Abdullahi said the gesture would boost food production and improve the state’s role in national and regional agricultural output.

‘It is part of a national push to support smallholder farmers with critical tools and resources,’ dhe said.

Speaking also, the Programme Manager of Sokoto State Agricultural Development Project (SADP), Alhaji Abubakar Danmaliki, said the state government had opened more irrigation sites and procured 250 tractors to support agriculture production in the state.

Danmaliki said the inputs’ support had augmented the state government’s efforts adding that mor extension workers were recruited to support farmers in all parts of the state.

Speaking on behalf of benefiting groups, Alhaji Aliyu Maitasamu and Kabiru Dange, Chairmen of Onion Producers and Cotton farmers unions respectively, commended the Federal Government and assured that members would use the items to improve their yields.

Former President Goodluck Jonathan has dismissed viral claims suggesting he accused the late President Muhammadu Buhari of having ties to Boko Haram, describing the reports as ‘twisted and misleading.’

The rumours began circulating after Jonathan’s remarks at the public presentation of a book by former Chief of Defence Staff, Gen. Lucky Irabor (retd), were allegedly misrepresented by some media outlets.

In a statement signed by his media aide, Ikechukwu Eze, Jonathan said his words were deliberately taken out of context.

‘At no time did Dr. Jonathan suggest, imply, or insinuate that President Buhari had any connection with Boko Haram or that he supported the group in any form,’ the statement read.

He explained that his comments were meant to highlight how Boko Haram used deceit and manipulation in its early days to sow confusion in Nigeria’s political space.

‘The reference was to a well-documented episode when various individuals and factions falsely claimed to represent Boko Haram and named prominent Nigerians as possible mediators – without their consent,’ he clarified.

According to him, the terrorist group often invoked the names of respected figures like Buhari to ‘exploit political divisions and undermine public trust.’

Jonathan also questioned the logic of the false claims, asking rhetorically:

‘If indeed Buhari was their chosen negotiator, why didn’t Boko Haram end their evil campaign when he became president?’

He further stressed that both he and Buhari fought terrorism during their respective administrations, sharing ‘a common commitment to peace and stability.’

Jonathan urged Nigerians to disregard any political mischief or sensational distortion of his comments.

‘Dr. Jonathan remains committed to peace, unity, and the strengthening of democratic values in Nigeria. The nation’s progress depends on truth, not twisted narratives,’ his office said.

Chelsea grabbed all three points in dramatic fashion after edging Liverpool 2-1 in a heated Premier League clash at Stamford Bridge on Saturday night.

Moises Caicedo was the hero for the Blues, scoring twice, including a 95th-minute stunner that sent the home fans wild.

The midfielder gave Chelsea an early lead in the 14th minute with a fine strike from the edge of the box after a clever pass from Malo Gusto.

Liverpool drew level in the 63rd minute through Cody Gakpo, who finished off a neat move from Alexander Isak’s assist.

Just when it looked like both sides would share the spoils, Caicedo struck again deep into stoppage time to hand Enzo Maresca’s men a massive win.

Liverpool’s Dominik Szoboszlai was booked late on for a rough challenge on Marc Cucurella, while Chelsea’s defensive troubles worsened after Benoît Badiashile limped off injured – leaving all six senior centre-backs sidelined.

The victory extends Chelsea’s unbeaten run to three league games and lifts the mood around Stamford Bridge after a dramatic finish..