News
Reps invite CBN gov for lifting forex ban on toothpicks, others
The lifting of the ban on foreign exchange for 43 items by the Central Bank of Nigeria may ruin local economy, a member of the House of Representatives, Sada Soli, warned on Tuesday on the floor of the House of Representatives.
This is just as the House invited the Governor of the Central Bank of Nigeria, Yemi Cardoso, to appear before it following the apex bank’s decision to lift the foreign exchange ban on fertiliser, cement, toothpick, and 40 other items.
The 43 items were in 2015 restricted from accessing forex at the official market rate.
CBN’s sudden decision to lift the ban comes against the backdrop of high volatility levels experienced in the foreign exchange market owing to the unification of all trading windows into the investors’ and exporters’ window (the official FX market) by President Bola Tinubu’s administration.
The apex bank had in a statement issued by its Director of Corporate Communications, Isa AbdulMumin said, “The CBN reiterates that the prevailing Foreign Exchange (FX) rates should be referenced from platforms such as the CBN website, FMDQ, and other recognised or appointed trading systems to promote price discovery, transparency, and credibility in the FX rates.”
At a plenary session on Tuesday, the Green Chamber passed a resolution to summon the CBN governor following the adoption of a motion of urgent public importance sponsored by Sada Soli, a member of the House representing Jibia/Kaita Federal Constituency, Katsina State on the platform of the All Progressives Congress.
Justifying the significance of the motion, Soli said the decision of the apex bank may lead to the closure of factories and ultimately erode the nation’s capacity to build the local economy.
In his words, it is doubtful if the new policy would make any meaningful impact on the Nigerian economy, stressing that “middlemen” may take undue advantage of it for their own good.
Contributing to the motion, a lawmaker representing Oshodi/Isolo II Federal Constituency, Lagos State, Jesse Onuakalusi, called for the immediate reversal of the policy until the House concludes a legislative action on the matter; a prayer that was rejected by the lawmakers.
An amendment to the motion by Kingsley Chinda, representing Obio/Akpor Federal Constituency, Rivers State noted that the Cardoso should appear before the House Committee on Regulatory Banking, Finance and Customs to explain the rationale behind the lifting of the ban was thereafter adopted.
News
UK court jails Nigerian man for masturbating in front of a woman
British Transport Police said Odutola approached a woman on the train, looked her up and down and became aggressive when she refused to engage with him. He then exposed himself while sitting in a wheelchair and began masturbating while staring at the woman and telling her to “come over”
•A Nigerian man and registered sex offender, Babatunde Odutola
A Nigerian man and registered sex offender, Babatunde Odutola has been jailed in the UK after exposing himself and masturbating in front of a woman on a train travelling towards Manchester.
Odutola, 36, of no fixed address, was sentenced to 44 weeks in prison at Manchester Magistrates’ Court on Monday, September 14, after pleading guilty to outraging public decency and breaching a suspended sentence order.
The incident occurred around 7pm on Friday, September 11, on a train travelling through Cheshire towards Manchester Piccadilly railway station.
British Transport Police said Odutola approached a woman on the train, looked her up and down and became aggressive when she refused to engage with him. He then exposed himself while sitting in a wheelchair and began masturbating while staring at the woman and telling her to “come over”.
A fellow passenger intervened and escorted the distressed woman from the carriage.
According to police, CCTV footage showed Odutola continued masturbating as other passengers walked through the carriage.
British Transport Police officers arrested him after the train arrived at Manchester Piccadilly. He was subsequently prosecuted and jailed within 72 hours of the incident
News
Digital Economy Minister Says NDPC Now Properly Functional With New HQ
” An asset recovered on behalf of the Nigerian people has now been returned to productive use for the Nigerian people. That is reform made tangible,” he said .
Abuja| NDPC new headquarters commission , Tuesday, 15 September,2026.
An EFCC-recovered property allocated to the Ministry of Communications, Innovation & Digital Economy, has been transformed to the new headquarters of the Nigeria Data Protection Commission (NDPC) in Abuja, as its headquarters.
Speaking during the commissioned ceremony of the building, the Honourable Minister incharge of the ministry, Dr. ‘Bosun Tijani, described the facility as a tangible demonstration of the visionary leadership of President Bola Ahmed Tinubu, and his commitment to building strong institutions that can support Nigeria’s growing digital economy.
The Minister emphasised that said the occasion represented more than the opening of a new office, but a reflection of the administration’s commitment to strengthening the institutions required to protect Nigerians and build trust in the country’s digital economy.
Dr. Tijani said, “Shortly after assuming office in 2023, President Tinubu signed the Nigeria Data Protection Act into law, giving the NDPC the appropriate legal foundation and authority to protect the data and privacy rights of Nigerians.
The President also directed Ministries, Departments and Agencies of the Federal Government to comply with established data protection laws and frameworks, demonstrating that government must lead by example in upholding the standards it expects from citizens and businesses.”
He added, “In the early days of the Commission, it was difficult to ask an institution to protect the data of over 200 million Nigerians and support one of Africa’s largest digital economies without the institutional resources to do so.
President Tinubu recognised this challenge and moved to solve it, approving the resources required for the NDPC to become properly operational and functional, while building towards becoming a sustainable institution in its own right.
He also directed that an EFCC-recovered property be allocated to the Commission as its headquarters.
“An asset recovered on behalf of the Nigerian people has now been returned to productive use for the Nigerian people. That is reform made tangible,” he said .
News
Boko Haram Denies Ceasefire with FG, Vows Continued Attacks
Boko Haram has strongly denied reports of a ceasefire agreement with the Federal Government and insisted that it will continue its campaign of attacks.
In a statement released by the group, the militants dismissed claims of any truce or negotiated pause in hostilities, describing such reports as false and misleading.
The group reaffirmed its commitment to ongoing operations against government forces and other targets, vowing that its attacks will persist without interruption.
The denial comes against the backdrop of persistent insecurity in the northeast and other affected regions, where the group has maintained a long-standing insurgency.
Security sources note that the latest statement appears aimed at clarifying the group’s position and rejecting any suggestion of dialogue or de-escalation with the authorities.
Military and government officials have not issued an immediate detailed response to the claim, though security operations against the militants remain active. Authorities continue to urge vigilance as the group signals its intention to sustain violence.
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