CBN Raises Monetary Policy Rate From 26.25% To 26.75%
The Central Bank of Nigeria (CBN) has again raised the Monetary Policy Rate by 50 basis points, from 26.25% to 26.75%. Announcing this after the apex bank’s 296th Monetary Policy Committee meeting in Abuja, CBN Governor, Olayemi Cardoso, said the committee also pegged the Cash Reserve Ratio for Deposit Money Banks at 45% while that […]
President Tinubu calls for suspension of August 1 planned protests
President Bola Tinubu has appealed to Nigerians to shelve the August 1 planned nationwide protests against bad governance in the country. Tinubu, who spoke through the Information Minister, Mohammed Idris, after a meeting yesterday, said he is gravely concerned about the economic challenges and working assiduously to ameliorate the sufferings of Nigerians. Our correspondent, Raliat […]
58 more trafficked Nigerians rescued in Ghana
A total number of 58 new sets of Nigerian women and children were rescued from Human Traffickers in Ghana thus bringing the total number of rescued Nigerians in Accra in the last three months to 105. Chief Callistus Elozieuwa, Chairman NIDO Board of Trustees in Ghana disclosed this to the Chairman/CEO, Nigerians in Diaspora Commission […]
President Tinubu urges the youth not to protest
President Bola Tinubu has urged the youth not to carry out their planned protests against the Federal Government’s economic reforms. Tinubu made the call in Abuja yesterday at a meeting of the National Council of Traditional Rulers, where he was represented by the Secretary to the Government of the Federation, George Akume. According to him, […]
Stakeholders in oil and gas speak on resolving issues
Minister of State Petroleum Resources (Oil), Sen. Heineken Lokpobiri, has convened a high-level meeting with key stakeholders in the oil and sector to resolve issues surrounding the Dangote Refinery. The minister convened the meeting which held yesterday in Abuja to find a lasting solution to the current impasse affecting the Dangote Refinery, with all parties […]
How Brain Jotter ‘revived’ Mike Ejeagha’s 1983 hit song -‘Gwo Gwo Gwo Ngwo’
It’s over 40 years after it was recorded, ‘Ka Esi Le Onye Isi Oche‘, a hit by Mike Ejeagha, the ace Nigerian highlife singer, is one of the hottest songs on social media. The hit song ‘Ka Esi Le Onye Isi Oche’ was released in 1983 as one of the tracks from Ejeagha’s ‘Akuko N’Egwu Vol. 1‘ […]
Afam Osigwe emerges the President-elect of NBA
A Senior Advocate of Nigeria, Afam Osigwe, has emerged as the president-elect of the Nigerian Bar Association (NBA) following the 2024 NBA election held online. Osigwe secured the highest number of votes, with 20,395, surpassing his closest rival, Tobenna Erojikwe, who got 10,970 votes, and Chukwuka Ikwuazom (SAN), who received 9,007 votes. He will succeed […]
Joe Biden Drops Out Of US 2024 Election Race
US President, Joe Biden has dropped out of the US presidential election and endorsed his Vice, Kamala Harris as the Democratic Party’s new nominee. In a stunning move which makes Biden the first president in US history to pull out so late in an election race, and the first to bow out because of concerns […]
FG to distribute 30,000 CNG conversion kits to commercial drivers
The Chief Executive Officer, Presidential Compressed Natural Gas (CNG) Initiative, Mr Michael Oluwagbemi, says 30,000 CNG conversion kits have been procured to be distributed to commercial drivers within 90 days. Oluwagbemi added that the CNG initiative which is cheaper, cleaner, safer and more reliable, was to ensure that commercial drivers would benefit from the palliative […]
Kagame re-elected as Rwanda’s President for fourth term
Rwanda’s President, Paul Kagame, has been re-elected with 99.18% of the vote, extending his near quarter-century in office. Chairperson of the National Electoral Commission, Oda Gasinzigwa, told a news conference today that the final election results are due to be announced latest July 27. The two men standing against him both conceded defeat in Monday’s […]
