The Central Bank of Nigeria (CBN) has raised the Monetary Policy Rate (MPR), which measures interest rate from 16.5% to 17.5 percent to tame inflation. The CBN Governor, Godwin Emefiele announced this after the apex bank’s Monetary Policy Committee (MPC) meeting in Abuja on Tuesday. The MPC raised the monetary policy rate by 100 […]
Abia State Governor, Okezie Ikpeazu, has condemned the alleged killing of a policeman in Ndiegoro community in the Aba area of the state. The Chief Press Secretary to the Governor, Onyebuchi Ememanka, who disclosed this in a statement on Sunday, said his principal is worried by the mass arrest of Aba residents by police operatives […]
Scores of international passengers at the Murtala Muhammed International Airport in Lagos are stranded as ground handlers of the Nigerian Aviation Handling Company (NAHCO) embarked on industrial action on Monday. The protesting ground handlers are asking for increased salaries and other improved welfare conditions. NAHCO had reportedly gone to court and obtained an injunction stopping […]
Argentina’s Central Bank is reportedly plotting to put Lionel Messi’s image on their 1000 peso banknote. Recall that Messi led Argentina to the final of the World Cup, which they won, beating France 4-2 on penalties, throwing the Latin American nation into celebration. Messi’s starring role in the recently concluded tournament has attracted a lot […]
The Senate has postponed the passage of the 2023 budget until Wednesday, December 28th, 2022. The lawmakers also postponed the passage of the Finance Bill till December 28th. Senate President Ahmad Lawan made these announcements during plenary on Thursday. He explained that the Senate is postponing the budget passage because of some challenges in receiving the […]
Veteran Comedian, Bright Okpocha, popularly known as Basketmouth, on Thursday, announced a breakup with his wife, Elsie Okpocha. Basketmouth celebrated Elsie’s 44th birthday anniversary around September but failed to celebrate their annual wedding anniversary which usually comes up in November. Taking to his verified social media to announce their divorce, Basketmouth wrote, “As much as […]
Amid the menace of the so-called ‘Unknown Gunmen’ criminal group in the southeast, the Anambra State government has asked the public to disregard a piece authored by an unidentified writer who counseled against travelling home for Christmas and New Year. reports have it that the now-viral report listed some roads in Anambra, asking people of […]
Four persons including one policeman have been killed in an attack that was repelled by the police on the headquarters of the Independent National Electoral Commission (INEC) along Port Harcourt Road in Owerri, the Imo State capital. The Spokesperson for the Imo State Police Command, Mike Abattam, said the gunmen numbering over 10 came around […]
The Nigerian Railway Corporation (NRC) has resumed operations at the Kaduna-Abuja railway, eight months after they were suspended. In March, Boko Haram attacked a passenger train along the route, leading to deaths, abduction, and injuries to the passengers. The NRC in the wake of the attack suspended the service with the abducted persons released piecemeal. But on Monday, […]
Justice Inyang Ekwo of the Federal High Court in Abuja has affirmed Oladipupo Adebutu as the winner of the Ogun State Governorship Primary of the Peoples Democratic Party (PDP) after dismissing a suit by Jimi Lawal for lacking reliable and credible evidence. Lawal, who contested the May 25 governorship primary election of PDP, had challenged […]
