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Tension has erupted in Jos just hours after the Plateau State Government eased the 48-hour curfew imposed following the deadly Sunday night attack in Anguwan Rukuba. Reports indicate that sporadic violence broke out in parts of the city, with unconfirmed claims of fresh casualties. The situation triggered panic among residents, forcing traders who had earlier resumed business activities to abandon their shops and flee to safety. Eyewitnesses described scenes of confusion as people fled for cover amid fears of renewed attacks. Security presence is said to be increasing in affected areas, although authorities have yet to officially confirm the latest developments. The curfew was initially imposed to restore calm after the earlier killings, but the fresh unrest has raised concerns about the fragile security situation in the state. Authorities have urged residents to remain calm and vigilant as efforts continue to restore order. Unidentified gunmen, reportedly riding on a motorcycle, shot and killed at least 28 people in the area on Sunday. A resident, who spoke to Channels Television via a phone call on condition of anonymity, said the attack occurred around the Anguwan Rukuba junction in the evening. In the aftermath of the attack, angry youths reportedly blocked major roads within the community, raising fears of escalating tension. The latest attack came weeks after no fewer than 20 security operatives and vigilantes were reportedly killed when heavily armed bandits ambushed a joint patrol team in Wanka and surrounding communities of the Garga area in Kanam Local Government Area. The Anguwan Rukuba attack prompted the University of Jos to reschedule examinations scheduled for March 30 and 31. In a statement on Monday, the Deputy Registrar, Information and Public Relations of the university, Emmanuel Madugu, urged staff and students to remain vigilant and avoid unnecessary movement. Governor Caleb Mutfwang, in a statewide broadcast on Tuesday, said that the state would not succumb to fear or intimidation.

The Central Bank of Nigeria (CBN) has announced the successful completion of its banking sector recapitalisation programme, revealing that 33 banks met the revised minimum capital requirements after raising a combined ₦4.65 trillion. This was contained in a statement jointly signed on Wednesday by the CBN’s Director of Banking Supervision, Olubukola Akinwunmi, and Acting Director […]

Court Fixes April 17 for Final Addresses in Emefiele Trial-within-Trial

An Ikeja Special Offences Court on Friday fixed April 17 for the adoption of final written addresses in a trial-within-trial involving Mr. Henry Omoile, co-defendant with former Central Bank of Nigeria (CBN) governor, Mr. Godwin Emefiele. Emefiele is standing trial on a 19-count charge bordering on alleged gratification, corrupt demands, and abuse of office linked […]

Nigeria’s External Reserves Hit 13-Year High of $50.45bn, Says CBN Governor

Nigeria’s gross external reserves climbed to $50.45 billion as of 16 February 2026, marking their highest level in 13 years, according to the Governor of the Central Bank of Nigeria, Dr. Olayemi Cardoso. Cardoso disclosed this on Tuesday while addressing journalists at the end of the 304th Monetary Policy Committee (MPC) meeting held in Abuja. […]

CBN Removes Cash Deposit Limits, Raises Weekly Withdrawal Cap to N500,000

The Central Bank of Nigeria (CBN) has removed cash deposit limits and increased the weekly cash withdrawal threshold from N100,000 to N500,000. The policy changes were contained in a circular issued to all banks and other financial institutions, signed by Dr. Rita Sike, Director, Financial Policy and Regulation Department. Dr. Sike said the revisions formed […]

FCCPC Endorses CBN’s 48-Hour Refund Policy for Failed ATM Transactions

The Federal Competition and Consumer Protection Commission (FCCPC) has endorsed the Central Bank of Nigeria’s (CBN) draft guidelines mandating banks to refund customers for failed Automated Teller Machine (ATM) transactions within 48 hours. In a statement issued in Abuja on Monday, the FCCPC’s Director of Corporate Affairs, Mr Ondaje Ijagwu, said the proposed guideline followed […]

CBN Mandates Geo-Tagging of All PoS Terminals by October 20

The Central Bank of Nigeria (CBN) has directed that all Point-of-Sale (PoS) terminals nationwide be geo-tagged within the next 60 days. In a statement dated 26 August 2025, the apex bank said the move is part of efforts to curb fraud and strengthen oversight of digital payments. It also forms part of a broader strategy […]

CBN Keeps Interest Rates Unchanged to Tame Inflation

The Central Bank of Nigeria (CBN) has left all key monetary policy parameters unchanged, citing the need to consolidate recent gains in reducing inflation. Following a two-day meeting, the Monetary Policy Committee (MPC) retained the Monetary Policy Rate (MPR) at 27.5 per cent, with the asymmetric corridor at +500/-100 basis points. The Cash Reserve Ratio […]

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