FG, SSANU, NASU Talks Collapse As Strike Continues

Negotiations between the Federal Government and non-academic staff unions in Nigeria’s public universities ended without resolution on Monday, as the ...

FG Sets Up Inter-Ministerial Committee to Harmonise Security Agencies Nationwide

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April 23, 2026

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The Federal Government has established an inter-ministerial committee to review and address the proliferation of security and paramilitary agencies across ...

President Bola Tinubu has signed the Presidential Executive Order on Virtual Assets Coordination, 2026, establishing a unified framework to regulate virtual assets and strengthen Nigeria's digital economy. The President signed the order pursuant to Section 5 of the 1999 Constitution (as amended), and it took effect immediately, according to a statement issued Friday by presidential spokesperson, Bayo Onanuga. The statement explained that the order was designed to address a fragmented regulatory landscape, where overlapping and disjointed oversight by government agencies had exposed Nigerians to risks such as money laundering, terrorism financing, cybersecurity threats, fraud and revenue losses. It noted that unregistered operators had exploited these gaps in the past to defraud unsuspecting citizens. To close these loopholes, the order establishes a Virtual Asset Council chaired by the Central Bank of Nigeria (CBN), with the Nigeria Revenue Service (NRS) and the Securities and Exchange Commission (SEC) serving as vice-chairs. Other members include the Nigerian Financial Intelligence Unit (NFIU) and the Office of the National Security Adviser (ONSA). The Council will set policy direction, foster cooperation among the agencies, and collaborate with the Attorney-General of the Federation to build a harmonised legal and institutional framework for the sector. A Virtual Asset Office will also be created as the Council's operational arm, with its secretariat based at the CBN. The office will coordinate information sharing, applications and reporting among agencies through an integrated supervisory technology platform. The statement clarified that the order does not create a new regulator or strip any agency of its existing powers. Instead, registration of virtual asset activities will be determined by the nature of the asset involved — the SEC will register security-related activities, while the CBN will handle payment, settlement, custody and other non-security virtual asset services. The Council will resolve any disputes over jurisdiction. As part of the coordinated approach, the CBN is proceeding with a regulatory sandbox that will allow eligible operators to test virtual asset products and blockchain-based solutions under close supervision before they reach the wider market. The NRS is also expected to release a tax policy for the virtual assets sector to strengthen compliance and ensure the industry contributes fairly to national revenue. Additionally, the Federal Government is finalising a Virtual Assets White Paper that will outline the country's long-term policy direction for the sector. The Council has been given 30 days to develop a Harmonised Implementation Framework to guide agencies in enforcing the order.

FG Files 13-Count Treason Charges Against Sylva, Six Others Over Alleged Coup Plot

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April 21, 2026

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The Federal Government has instituted a 13-count charge before the Federal High Court in Abuja against six individuals, including two ...

FG Warns 226 LGAs at High Risk of Severe Flooding in 2026

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April 15, 2026

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The Federal Government has raised alarm over potential flooding across Nigeria, revealing that at least 226 Local Government Areas (LGAs) ...

FG Spends ₦418.79bn on Electricity Subsidy in Q4 2025 – NERC Report

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April 15, 2026

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The Federal Government recorded an electricity subsidy of ₦418.79 billion in the fourth quarter of 2025, according to a new ...

Federal Government Commences Payment of Doctors’ Salary Arrears

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April 14, 2026

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The Federal Government has begun paying long-awaited salary arrears owed to medical professionals under the revised Consolidated Medical Salary Structure ...

Resident Doctors Call Off Strike After Reaching Interim Agreement With Federal Government

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April 7, 2026

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The National Association of Resident Doctors (NARD) has suspended its planned nationwide strike after reaching an understanding with the Federal ...

FG to Boost Cybersecurity with New Council as NDPC Probes Data Breach

by Contributor

April 6, 2026 - Updated on April 12, 2026

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The Federal Government is taking steps to strengthen Nigeria’s cybersecurity framework by proposing the creation of a Cybersecurity Coordination Council. ...

Federal Government Orders Abuja Secretariat Workers to Stay Home Ahead of APC Convention

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March 27, 2026

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The Federal Government has directed civil servants stationed at the Federal Secretariat in Abuja to work remotely on Friday, March ...

Zamfara State Bans Farewell Celebrations in Schools Over Rising Misconduct

FG Promises Strong Security Action in Zamfara as Governor Defects to APC

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March 25, 2026

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The Federal Government has renewed its commitment to restoring peace in Zamfara State following the defection of Governor Dauda Lawal ...

Exclusive! ₦10bn Libel Threat: VOP TV Withdraws Claims Against Former NUPRC Chief, Gbenga Komolafe

Aare Adetola Emmanuelking Hails Prof. Abayomi Arigbabu’s Impact on Education as He Marks Birthday

RSS Makes History as Graduating Class of 2026 Marks Valedictory Service in First-of-Its-Kind University-Style Ceremony

Otunba Gbenga Daniel Restructures Gateway Front Foundation, Pledges Renewed Grassroots Impact

FG Begins Kara Bridge Repairs, FRSC Warns Motorists Against Traffic Violations

Nigeria Renews Commitment To African Union Peace And Development Goals

Tinubu snubs Ramaphosa’s envoy over xenophobic attacks

Ex-DSS Director Amachree Blames Buhari Administration for Worsening Insecurity

Forged State House Letter Used To Register PFIPC, Says Accountant-General

Exclusive! ₦10bn Libel Threat: VOP TV Withdraws Claims Against Former NUPRC Chief, Gbenga Komolafe

Aare Adetola Emmanuelking Hails Prof. Abayomi Arigbabu’s Impact on Education as He Marks Birthday

RSS Makes History as Graduating Class of 2026 Marks Valedictory Service in First-of-Its-Kind University-Style Ceremony

Otunba Gbenga Daniel Restructures Gateway Front Foundation, Pledges Renewed Grassroots Impact

FG Begins Kara Bridge Repairs, FRSC Warns Motorists Against Traffic Violations

Nigeria Renews Commitment To African Union Peace And Development Goals

Tinubu snubs Ramaphosa’s envoy over xenophobic attacks

Ex-DSS Director Amachree Blames Buhari Administration for Worsening Insecurity

Forged State House Letter Used To Register PFIPC, Says Accountant-General

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