PORTHARCOUT – Here is a concise summary of the major headlines from Nigerian newspapers for today, focusing on national revenue sharing, security incidents across multiple states, political developments, and the economy.
Economy & Finance
1. N2.1 Trillion Shared to Federal, State, and Local Governments
The Federation Account Allocation Committee (FAAC) disbursed a total of N2.103 trillion from the revenue generated in September 2025. The allocation was finalized at the committee’s October meeting held in Abuja.
2. Naira Depreciates at Official Market
The Naira closed the week on a negative note, depreciating against the US Dollar on Friday. According to the Central Bank of Nigeria (CBN), the local currency traded at N1,475.35/$1 at the official foreign exchange market.
Security Updates
1. Gunmen Attack Police Station in Kaduna, Two Officers Killed
Gunmen raided a police station in Zonkwa town, Zangon Kataf Local Government Area of Kaduna State, on Friday evening. The attack resulted in the death of at least two police officers, leaving residents in a state of shock.
2. Clash Between Bandits and Illegal Miners in Kaduna Leaves Seven Dead
At least seven persons are feared dead following a violent clash between suspected bandits and a group of illegal miners in Kuyello Ward, Birnin Gwari LGA, Kaduna State. The incident caused panic, with residents fleeing into the bushes for safety.
3. Kwara Police Arrest Six Suspects in Oke-Ode Attack
The Kwara State Commissioner of Police, Adekimi Ojo, has announced the arrest of six suspects in connection with the recent deadly attack in Oke-Ode, where 15 people, including a village head, were killed.
Politics & Governance
1. Court Allows “Free Nnamdi Kanu” Protest to Proceed
The Federal High Court in Abuja has refused an ex-parte motion filed by the Nigeria Police Force to stop the “Free Nnamdi Kanu Now” protest scheduled for Monday, October 20, 2025. The court’s decision allows the demonstration, organized by activist Omoyele Sowore, to proceed.
2. US Embassy Issues Security Alert Over Planned Protest
Following the court’s decision, the United States Embassy in Abuja issued a security advisory to its citizens in Nigeria. The alert cautioned them about the planned protest around Eagle Square and the Central Business District.
3. Wike: Tinubu Putting Nigeria on Path of Development
The Minister of the Federal Capital Territory (FCT), Nyesom Wike, stated that President Bola Tinubu’s administration is steering Nigeria towards positive development. He made the remarks while inaugurating the construction of a road in the Institution and Research District, Abuja.
4. Zamfara Governor Denies Decamping Rumours
Governor Dauda Lawal of Zamfara State has denied widespread rumours on social media suggesting he is planning to decamp from the Peoples Democratic Party (PDP) to the ruling All Progressive Congress (APC).
5. Rivers Governor Fubara Declares No Grudges After Crisis
Rivers State Governor, Siminalayi Fubara, has declared that he holds no grudges against anyone following the reconciliation that ended the recent political crisis in the state. He also pledged support for an independent justice system.
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