Emefiele, CBN and Our Future By Reuben Abati
At some point later today, January 24, the governor of the Central Bank of Nigeria, Godwin Emefiele, is bound to be back in the news as the CBN’s monetary policy committee (MPC) concludes its 289th meeting and offers its position on the future direction of the country’s macro-economic environment. Would the CBN adopt a further […]
Fuel Scarcity: Buhari raises panel to tackle fuel distribution
President Muhammadu Buhari has approved the constitution of a 14-man steering committee on petroleum products supply and distribution management. The steering committee will be chaired by Mr Buhari and the Minister of State for Petroleum Resource Timipre Sylva as the alternate chairman. Mr Sylva, in a statement by his media aide, Horatius Egua, said […]
Gunmen kidnap WHO’s medical official in Mali
Mahamadou Diawara, a World Health Organisation (WHO) medical official leading efforts to provide health care to remote communities facing insecurity risks and violence, has been abducted by armed men in conflict-torn Mali. On Monday, Mr Diawara was taken from his car in the town of Menaka, located in an eastern region where militant groups linked […]
Katsina declares work-free days to welcome Buhari
The Katsina State Government has declared Thursday 26, and Friday 27 January 2023 as work-free days to welcome President Muhammadu Buhari to the state. The government said it declared the two-day public holidays to enable state, local government councils, and local education authorities’ workers to come out en masse to receive the president. This […]
Burglars ransack MRA office in Lagos steal equipment worth millions
The Lagos office of a civil society group was “burgled and ransacked,” with equipment worth millions of Naira stolen, an official has said. Idowu Adewale, the communication officer of the Media Rights Agenda, in a statement on Monday said the incident happened over the weekend. “Media Rights Agenda (MRA) announced today that its office in […]
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 […]