CBN Set to Unveil Revised FX Manual to Boost Market Confidence, Strengthen Naira Transactions on NGX rise to N11.9tn, highest in 20 years
Kayode Tokede
The Central Bank of Nigeria
(CBN) is set to roll out a revised foreign exchange (FX) manual this quarter, a move
it said would strengthen the naira, reduce volatility, and enhance confidence in the
nation’s currency. The apex bank said the initiative forms part of
broader efforts to overhaul the framework governing forex transactions and improve
confidence in the FX regime. This emerged as the Nigerian Continued on page 6
Sachet Drinks Ban: NLC, Distillers Ask NAFDAC to Consider Local Manufacturers...
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Saturday January 24, 2026 Vol 31. No 11248
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Impeachment: Court Adjourns Fubara, Odu Suit Indefinitely Pending Appeals Chuks Okocha in Abuja and Blessing Ibunge in Port Harcourt
Olubadan of Ibadanland,Oba Rashidi Adewolu Ladoja(left) with President Bola Ahmed Tinubu, during a courtesy visit by the traditional ruler to the President at the Presidential Villa Abuja...yesterday GODWIN OMOIGUI
The impeachment moves against Governor Siminalayi Continued on page 6
I’m Not for Sale, Says Kwankwaso as Gov.Yusuf Resigns from NNPP Governor quits with all state assembly, national assembly members, LG chairmen
Ahmad Sorondinki in Kano
Amid mounting political realignments in Kano State, which culminated yesterday in Governor Abba Kabir Yusuf’s resignation from the New Nigeria Peoples Party (NNPP), the party’s national leader and 2023 presidential candidate, Dr. Rabiu Kwankwaso, has insisted that he is “not for sale,” urging his supporters to begin preparing for the 2027 elections. The Governor resigned from the NNPP, taking with him all the party’s political structure in the State, including all members of the State Assembly, members Continued on page 6
PROTEST AGAINST SACHET DRINKS BAN...
Members of Food Beverage and Tobacco Senior Staff Association(FOBTOB) and the National Union of Food Beverage & Tobacco Employees(NUFBTE) during a protest over the ban of alcohol in sachets and below 200ml glass bottles at NAFDAC's office in Lagos...yesterday