News
BREAKING: CBN Governor, Emefiele Suspended by Tinubu

President Bola Tinubu has suspended Godwin Emefiele as the Central Bank of Nigeria (CBN) governor.
“President Bola Ahmed Tinubu has suspended the Central Bank Governor, Mr Godwin Emefiele, CFR, from office with immediate effect,” the Director of Information, Office of the Secretary to the Government of the Federation Willie Bassey said in a Friday statement.
“This is a sequel to the ongoing investigation of his office and the planned reforms in the financial sector of the economy.
“Mr Emefiele has been directed to immediately hand over the affairs of his office to the Deputy Governor (Operations Directorate) [Folashodun Adebisi Shonubi], who will act as the Central Bank Governor pending the conclusion of the investigation and the reforms.”
The development is coming less than two weeks after President Tinubu assumed office and months after the CBN’s heavily-criticized naira swap.
Former President Muhammadu Buhari’s government introduced new bank notes late last year, arguing it would help tackle vote-buying, insecurity and fight inflation among others.
But weeks before the polls, the country was hit with a cash crunch as the CBN withdrew the old notes. The development drew criticisms from top personalities.
Some state governors even took the matter to court with Tinubu faulting the implementation of the policy.
As the then-presidential candidate of the ruling All Progressives Congress (APC), Tinubu asked the CBN to allow both old and new notes to coexist.
Tinubu said, he was “only concerned about its disruptive implementation and the hardship it has brought on the generality of our people who currently can’t access their hard-earned money to meet obligations and the attendant consequences on the informal sector, where the majority operate”.
In the lead-up to the presidential election, his campaign team claimed the move was targeted at Tinubu.
During his inauguration, President Tinubu did not mince words about the naira swap policy and promised to review it.
He maintained that it “was too harshly applied by the CBN given the number of unbanked Nigerians.
“The policy shall be reviewed. In the meantime, my administration will treat both currencies as legal tender”.
News
VIDEO: Tears As Students’s Hostel Collapses

A building collapse occurred at Pentagon Lodge near the Alex Ekwueme Federal University, Ndufu-Alike, Ikwo, Ebonyi State on Friday.
Students witnessed the incident, with one student captured on video expressing concern over the lodge’s collapse, saying, “See my lodge is falling, all my properties are inside.
”A video clip of the incident, seen by Naija News House , showed the moment the three-storey building collapsed.
As of the time of filing this report, it was not clear whether there were causalities as details of the collapse are still emerging.
A student, also said that students in that particular lodge had earlier noticed the cracks on the walls and some had already moved out of the facility before the collapse.
“Only properties inside the building are likely those of students that traveled out of the town,” the source said.
Recently there were reports of building collapses in Ebonyi State, including a three-storey building under construction near the Alex Ekwueme Federal University Teaching Hospital.
In the construction building collapse, two persons were trapped and later rescued, with one labourer escaping due to stepping out to wash his hands before the collapse.
Sequel to the building collapses, the Ebonyi State government had established a special investigative committee to determine the causes of such incidents and prevent future occurrences.
The committee’s findings and recommendations aim to improve building standards and enforcement in the state.
Click here to Watch Video:
News
FG denies 12 Years Minimum Entry Age Into JSS1
Boriowo urged the public and education stakeholders to disregard any contrary claims.

The Federal Government has debunked a report claiming that the minimum age for admission into Junior Secondary School 1 (JSS1) has been raised to 12 years.
The Ministry of Education Director of Press, Folasade Boriowo, made this known via a statement issued on Friday, July 25, 2025.
Boriowo said the report was inaccurate, noting that it did not come from any official source and did not reflect government policy.Boriowo stated: “For the avoidance of doubt, the minimum age for admission into JSS1 remains 10 years.
“No child should complete primary education below the age of 10.”
Boriowo urged the public and education stakeholders to disregard any contrary claims.
News
NGE Mandates Media Organizations to set up fact-check desks in the newsroom to Fight Fake News
During the workshop, the European Union Ambassador to Nigeria and ECOWAS, Mr Gautier Mignot and the NGE President, Mr. Eze Anaba, said that newsroom managers should acquire the skills and tools for fact-checking as a way to arrest fake news, misinformation and disinformation.

Editors under the Nigerian Guild of Editors (NGE) have resolved today to henceforth set up a fact-check desk in their various newsrooms as a measure to tackle fake news, misinformation and disinformation.
The decision was reached on the occasion of a one-day workshop organised by the European Union (EU) NGE in Lagos on Thursday.
The editors said that having a Fact-Check Desk would help media organisations verify news hints, with the view to publishing only accurate information.
Other key decisions taken at the end of the workshop include:
Media organizations should organise trainings for their newsroom managers and line editors on fact-checking.
The Guild should set up disinformation counter groups across its zonal structures, ahead of the 2027 general election.
Media organizations should collaborate and reach out to each other to verify information.
Media organisations should look at the quality of their Online Editors to ensure that experienced and well-grounded journalists man the position.
The Guild should use other of its bigger platforms to address issues bordering on fake news, misinformation and disinformation.
During the workshop, the European Union Ambassador to Nigeria and ECOWAS, Mr Gautier Mignot and the NGE President, Mr. Eze Anaba, said that newsroom managers should acquire the skills and tools for fact-checking as a way to arrest fake news, misinformation and disinformation.
Mignot said that the EU was taking a multi-pronged approach to address the threats posed by misleading information, which he described as a “danger to democracy and public trust.
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