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“THE 26.5% FREEZE: Central Bank Defies All Expectations With Shocking Monetary Policy Decision!”.

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The Central Bank of Nigeria (CBN) has kept the Monetary Policy Rate (MPR) unchanged at 26.5 percent, a decision announced on Tuesday by CBN Governor Olayemi Cardoso following the 305th Monetary Policy Committee (MPC) meeting in Abuja. This marks the second time the apex bank has maintained the benchmark rate at this level.....KINDLY READ THE FULL STORY HERE▶

  • Unchanged Policy Rates: Alongside keeping the MPR at 26.5 percent, the MPC left all other major parameters steady.

  • Asymmetric Corridor: Maintained at +500/-100 basis points around the MPR.

  • Cash Reserve Ratios (CRR): Kept at 45 percent for Deposit Money Banks and 16 percent for Merchant Banks.

  • Liquidity Ratio: Retained at 30 percent.

Economic Assessment & Global Risks

Governor Cardoso noted that while Nigeria’s headline inflation experienced a marginal decrease in June 2026, the committee opted for a cautious monetary stance due to heightened global uncertainties—specifically the renewed military hostilities in the Middle East. The MPC warned that these regional conflicts could drive up global energy costs and spark imported inflation via higher transportation and fuel expenses.

Despite external risks, the committee highlighted the Nigerian economy’s resilience against shocks, attributing it to ongoing fiscal and monetary reforms. The decision allows the CBN to observe incoming data prior to making future adjustments while acknowledging improved coordination between fiscal and monetary authorities.

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BATSOF National Patron, Majidadi Pledges 60 Million Votes For Tinubu

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 ....KINDLY READ THE FULL STORY HERE▶

The National Patron of the Bola Ahmed Tinubu Solidarity Front (BATSOF), Ambassador Alhaji Aminu Majidadi, has promised to work assiduously to ensure that the group delivers 60 million votes for President Bola Ahmed Tinubu in the January 2027 presidential election.

Ambassador Majidadi made the pledge at his investiture as National Patron of the group in Abuja.
Speaking at the event, he said BATSOF has what it takes to penetrate the nooks and crannies of the country to mobilise massive votes for the President.

According to him, President Tinubu has performed creditably well and deserves another four years to continue his good work for the nation.

He noted that BATSOF is not a new group, having been in existence since 2002, adding that the group worked assiduously for the President when he was seeking re-election for a second term as Governor of Lagos State.

The National Patron commended President Tinubu for his achievements and reform programmes, stressing that his administration has laid a solid foundation for Nigeria’s prosperity.

He assured that he would deploy his wealth of experience and network to mobilise the group across the country to work round the clock to ensure overwhelming victory for President Tinubu in 2027.

CHIEF DAYO LAWAL DIRECTOR, MEDIA & PUBLICITY BATSOF- FCT 20/10/2026

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Setback For Nigeria As Super Falcons Slide Seven Places In FIFA Rankings.

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The Super Falcons of Nigeria have dropped seven places to 43rd in the latest FIFA Women’s World Rankings following a disappointing outing at the 2026 Women’s Africa Cup of Nations (WAFCON) in Morocco.....KINDLY READ THE FULL STORY HERE▶

The 10-time African champions slipped from 36th position after losing 83.54 points in the latest ranking update.

Nigeria’s decline followed a difficult campaign at the continental tournament, where they suffered defeats to Malawi in their opening group match and Cameroon.

The Falcons’ struggles continued in the play-offs, where they lost 2-1 to South Africa, missing out on qualification for the 2027 FIFA Women’s World Cup.

Despite their drop in the global rankings, Nigeria remain Africa’s highest-ranked women’s national team, ahead of South Africa, who occupy 52nd place worldwide.

Cameroon are ranked 62nd, while Morocco and Ghana occupy 64th and 65th positions, respectively.

Malawi recorded the biggest improvement in the latest rankings, climbing 49 places following an impressive WAFCON campaign that saw them reach the final.

At the global level, Spain retained the top position, followed by the United States, Germany, England and Japan. The top five teams remained unchanged.

The next edition of the FIFA Women’s World Rankings is scheduled to be released on December 7, 2026.

Meanwhile, Super Falcons interim head coach Austin Eguavoen has appealed for patience as the team prepare for a crucial two-legged Olympic qualifying tie against Morocco.

Nigeria advanced to the third round of the qualifiers after defeating Comoros 5-0 in Ikenne on October 13, securing a comprehensive 7-0 aggregate victory.

The Falcons are scheduled to face Morocco between February 23 and March 6, 2027, with a place in the subsequent qualifying round at stake.

Eguavoen said the coaching crew would consider bringing back players who missed the recent qualifying matches while maintaining stability within the squad.

“Going forward, we expect to meet tougher opposition, no doubt about that,” he said.

“We have the quality, we have the personnel, we have the support.”

The coach stressed that the technical crew would need to strike a balance between making squad adjustments and maintaining consistency as Nigeria pursue one of Africa’s two qualification slots for the 2028 Olympic Games in Los Angeles

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No One Twisted Your Message, We Know What We Heard – Presidency Tackles Peter Obi.

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The Presidency has maintained that the statement made by the Nigeria Democratic Congress (NDC) presidential candidate, Peter Obi, regarding financial support from Nigerians living abroad to their relatives at home was not misrepresented.....KINDLY READ THE FULL STORY HERE▶

The response came from Dada Olusegun, Special Assistant to President Bola Tinubu on Social Media, on Tuesday, shortly after Obi denied telling Nigerians in the diaspora to stop sending money to their loved ones in Nigeria.

Recall that Obi made the remarks during a town hall meeting with supporters in the United Kingdom, where he urged Nigerians abroad to encourage relatives seeking financial assistance to support candidates committed to good governance.

“You have people at home in Nigeria today who are begging you for money. Tell them no! Let’s put somebody who has proven to be productive,” Obi had said.

His remarks subsequently sparked controversy, with some interpreting them as a call for Nigerians living abroad to stop sending financial assistance to their families back home.

However, Obi issued a statement on Tuesday, insisting that his message had been distorted. He explained that although his media office had already released a clarification, he considered it necessary to personally address what he described as the misrepresentation of his comments by political opponents.

Reacting, Olusegun rejected Obi’s explanation, arguing that the original remarks were clear and had not been twisted. He also accused the opposition politician of adopting divisive tactics in his political campaign.

The presidential aide maintained that such an approach would not succeed in the 2027 general election, just as he claimed it failed to deliver victory for Obi in 2023.

In his response, Olusegun wrote:

“Trying to claim ‘MY MESSAGE HAS BEEN TWISTED’ won’t change what we all heard you say on video.

“No one twisted your message, certainly not. Your message, asking Nigerians abroad to stop sending money to their loved ones at home, is clear as day and a representation of the vileness in your heart and the hatred you harbour for Nigerians, whose only offence was rejecting you at the polls.

“You have chosen to go on another divisive route, which you are known for, for your campaign. You have set Christians against Muslims, Southerners against Northerners, children against parents, Nigerians against President Tinubu, and have now graduated to setting Nigerians abroad against Nigerians at home. Even by your standards, this is ridiculously low!

“You seek to govern the people you hate. You do not care about evil deeds as long as they advance your political ambitions.

“Unfortunately for you, Nigerians are wise and sophisticated people; they can read between the lines. Your divisive rhetoric did not work in 2023, and it certainly will not work in 2027.

“By the way, this has now been added to your long, inexhaustible list of flip-flopping, contradictory statements, lies, and denials of past statements and promises.

“Nigerians are watching and taking stock!” the presidential aide stated.

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