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The Digest: Premium Times has exclusively obtained the names and profiles of 16 military officers detained over an alleged coup plot against President Bola Tinubu's government. The list includes a Brigadier General suspected of being the plot's leader, a Colonel accused of being a key strategist, and several other officers, predominantly from the Infantry Corps and the Nigerian Defence Academy's 56 Regular Course. Key Points: Brigadier General Musa Abubakar Sadiq is identified as the...

The Digest: A new economic report by Quartus Economics is urging the Central Bank of Nigeria (CBN) to introduce N10,000 and N20,000 notes to restore the Naira's "portability" after a 94% decline in its value over two decades. According to The Punch, the report argues that the N1,000 note is now "practically obsolete," making cash transactions cumbersome and costly, and dismisses the fear that new high-value notes would cause inflation as a "myth." Key Points: An economic report has...

Key points: Official (NAFEM) Rate: ₦1,444.35 / USD GTBank Rate: ₦1,454 / USD Black-Market Rate: ₦1,465 / USD Drivers: Removal from the FATF grey list, higher oil revenues, rising forex inflows, and reduced speculative trading. Top Tools: AbokiFX, FMDQ Exchange, FX Monitor The naira gained ground across all segments on Wednesday as forex inflows improved. Analysts credited Nigeria’s removal from the FATF grey list and stronger oil earnings for easing FX pressure. Market reforms and tighter...

The Digest: The Federal Government has announced the release of N2.3 billion for university staff salary and promotion arrears, a key concession aimed at addressing the grievances of the Academic Staff Union of Universities (ASUU) and preventing another industrial action. According to Premium Times, the Minister of Education, Tunji Alausa, confirmed the disbursement, alongside other concessions, including the full mainstreaming of the Earned Academic Allowance (EAA) into salaries from...

The Digest: Super Eagles striker Victor Osimhen is reportedly urging his Nigerian international teammate, Ademola Lookman, to leave Atalanta and join him at Turkish giants Galatasaray. Citing reports from the Italian press, Osimhen has personally called Lookman to convince him to make the move, as the winger's relationship with his current club remains strained following a failed transfer in the summer. Key Points: Victor Osimhen is pushing for Galatasaray to sign Ademola Lookman from...

The Digest: The Civil Defence, Correctional, Fire, and Immigration Services Board (CDCFIB) has announced the release of the shortlist for its ongoing recruitment into four key paramilitary agencies. According to Vanguard, successful applicants can check their status and Computer-Based Test (CBT) details on the official portal starting Thursday, October 30, 2025, as the board warns against fraudsters and reiterates its commitment to a transparent process. Key Points: The CDCFIB has...

The Digest: Wunmi, the widow of late singer Mohbad, has broken her silence after her father-in-law’s legal counsel, a Senior Advocate of Nigeria, withdrew from the court case demanding a DNA test for her son, Liam. According to Linda Ikeji's Blog, Wunmi took to Instagram to state that Joseph Aloba can "get all the lawyers from all over the world" but cannot manipulate the outcome of the test, signaling her readiness for the process. Key Points: Wunmi Aloba has reacted to the withdrawal...

The Digest: Former CBN Governor Muhammadu Sanusi II has questioned the Federal Government’s continued borrowing after the removal of the petrol subsidy, arguing that increased revenues should eliminate the need for new debt. Speaking at the Oxford Global Think Tank conference in Abuja, Sanusi praised the Tinubu administration’s subsidy removal and exchange rate unification but warned that without transparent spending and fiscal restraint, the reforms would fail. Key Points: Sanusi...

The Digest: The House of Representatives has confirmed receiving direct threats from terrorists to bomb the National Assembly complex in Abuja. Chairman of the House Committee on Internal Security, Garba Muhammad, disclosed this during a public hearing on a bill to establish a Legislative Security Directorate, warning that the threats could destabilize Nigeria’s democracy if not urgently addressed. Key Points: Lawmakers confirm terrorists have threatened to bomb the National Assembly...