CBN Raises Interest Rate To 17.5%, Insists On January 31 Deadline For Old Notes
The Central Bank of Nigeria (CBN) has raised the monetary policy rate (MPR), which measures interest rate, from 16.5 percent to 17.5 percent to rein in inflation “aggressively”. 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 […]
Buhari Asks Senate To Confirm Arase As Chairman Police Commission
President Muhammadu Buhari has asked the senate to confirm Solomon Arase as the chairman of the Police Service Commission(PSC). In letter addressed to the Senate President, Ahmad Lawan, dated January 20, 2023 and personally signed by President Buhari, he said said the nomination of Arase for confirmation was in accordance with the provision of Section […]
Campaign director, Naja’atu Mohammed was sacked, didn’t resign – Tinubu team
Contrary to the resignation claim by Hajiya Naja’atu Mohammed, who was the Director of Civil Society Organisations of the All Progressives Congress Presidential Campaign Council, the Tinubu Media Office said she was sacked for incompetence and for being a mole in the campaign council. Naja’atu made the news when she announced her resignation on Saturday, […]
39 Catholic priests killed, 30 abducted across Nigeria in 2022 – Report
As insecurity continues to ravage Nigerian communities, there are indications that terrorists are now resorting to soft targets, with eyes on clerics. Latest reports by SB Morgan Intelligence shows that no fewer than 39 Catholic priests were killed by gunmen, while 30 others were abducted in 2022, alone. In the report titled “Attacks […]
Las Las! (part iv)
By Toyin Falola Due to Nigeria’s high unemployment rate and stagnant economy, some Nigerians have turned to various unlawful ways of livelihood. Before the early 1980s, drug-related offenses in Nigeria were relatively minor, but over the past decade, drug trafficking has become a significant societal challenge. Most migrants are taken for drug couriers, and […]
Presidential election: Okowa confident of PDP victory over Labour Party, APC
Governor Ifeanyi Okowa of Delta and vice-presidential candidate of the PDP says he’s confident the party would emerge victorious in the 2023 presidential election. Mr Okowa stated this Monday in a statement by his Chief Press Secretary, Olisa Ifeajika, after he inspected the Stephen Keshi Stadium, Asaba, venue of the PDP presidential mega rally […]
Sack Festus Keyamo, PDP PCC Tells Buhari
The Peoples Democratic Party (PDP) presidential campaign council has asked President Muhammadu Buhari to sack his state labour and employment minister, Festus Keyamo. The council made the requests at a press briefing in Abuja on Sunday. Speaking at the briefing , Daniel Bwala , spokesperson of the campaign said Keyamo is using his position as […]
NAFDAC warns against use of weight loss pill
The National Agency for Food and Drugs Administration and Control (NAFDAC) has cautioned Nigerians against the use of the drug— Weight Rapid Loss Capsule. The caution was contained in an alert with No. 049/2022, signed by NAFDAC’s Director-General, Prof. Mojisola Adeyeye, issued to the News Agency of Nigeria (NAN) on Sunday in Abuja. Adeyeye stated […]
Buhari renews tenure of two parastatals DGs
President Muhammadu Buhari has approved the renewal of tenures of Aliyu Bagudu Abubakar and John Ohireime Asein as Directors General of the Legal Aid Council of Nigeria and the Nigerian Copyright Commission respectively. The Director of Press and Public Relations in the Federal Ministry of Justice, Modupe Ogundoro, made the announcement in a statement issued […]
Aviation workers begin strike in Lagos; passengers stranded
International flights at the Murtala Mohammed International Airport on Monday morning were grounded as workers of the Nigerian Aviation Handling Company Plc embarked on strike. According to NAHCO, the strike is due to salary increments. An affected passenger and aviation expert, Alex Nuba, said that NAHCO staff in the early hours of Monday walked out […]
