Muslims across Nigeria are observing the 2026 Eid-el-Kabir (Sallah) today amid widespread complaints over the high cost of rams, which has significantly dampened celebrations in many households. Eid-el-Kabir, also known as Salah, is a major Islamic festival marked by the slaughter of rams in remembrance of Prophet Ibrahim’s obedience to Allah. The day is traditionally…
Millions of telecom subscribers across Nigeria can once again access emergency airtime borrowing services after major network providers, including Airtel and Glo, restored their airtime lending platforms following a Federal High Court order halting the enforcement of the Federal Competition and Consumer Protection Commission’s (FCCPC) Digital, Electronic, Online or Non-Traditional Consumer Lending (DEON) Regulations 2025….
The Central Bank of Nigeria (CBN) has retained its benchmark interest rate at 26.5 per cent, as inflationary pressures continue to influence monetary policy direction across the country, Global Mirror News reports. The decision was announced on Wednesday May 20 in Abuja by the Governor of the Central Bank of Nigeria, Olayemi Cardoso, following the…
A fresh report by the Central Bank of Nigeria has revealed that a majority of Nigerians are calling for a reduction in interest rates as the Country battles rising inflation, high living costs, and slowing economic activities. Global Mirror News gathered that 63.3 per cent of respondents in the Apex Bank’s April 2026 Inflation Expectations…
Residents and businesses in Lagos are bracing for widespread electricity outages following the sudden shutdown of the Egbin Power Station—Nigeria’s largest power generating plant connected to the National grid. The unexpected disruption, which has already sent shockwaves through the Country’s fragile energy network, was traced to a critical technical failure within the facility. Industry sources…
A Federal High Court has directed Telecommunications giants MTN Nigeria and Airtel Networks Limited to immediately restore airtime and data credit services to subscribers, following a legal tussle triggered by new consumer lending regulations. The court’s decision comes after the temporary suspension of the widely used services, which allow subscribers to borrow airtime and data…
The Federal Government has significantly strengthened its import control regime, widening the list of restricted foreign goods as part of a broader push to protect domestic industries and reduce reliance on imports. Global Mirror News gathered that the updated policy, approved under the 2026 fiscal framework, introduces a revised import prohibition list covering at least…
As part of its commitment to enhancing connectivity and providing convenient travel options, Ogun State-owned airline, Gateway Air, has announced new flight operations covering major cities across Nigeria. This was disclosed in a statement issued at the weekend by the Special Adviser on Information and Strategy to Governor Dapo Abiodun, Hon. Kayode Akinmade. According to…
Ogun State Governor, Dapo Abiodun, has called on traditional rulers across the state to create a conducive and investor-friendly environment in their domains, warning that hostility toward investors could undermine the state’s economic growth. The governor made this appeal on Thursday during the Statutory Meeting of the Ogun State Council of Obas held at the…
The Chief Executive Officer of Access Bank Plc, Roosevelt Ogbonna, has praised the Ogun State Government for sustaining policies that have made the State one of Nigeria’s leading investment destinations. Ogbonna made the remarks during a courtesy visit to Governor Dapo Abiodun, where he led a delegation of Senior Executives of the Bank to discuss…
