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Monthly Archives: September, 2024

CBN RAISES MPR TO 27.25% AMID UNEMPLOYMENT CONCERNS

The Central Bank of Nigeria (CBN) has increased the Monetary Policy Rate (MPR) by 50 basis points from 26.75% to 27.25%, while retaining an...

GOODLUCK JONATHAN ATTRIBUTES AFRICAN CONFLICTS TO STRUGGLE FOR POWER

Nigeria’s former President, Dr. Goodluck Jonathan, has identified the struggle for power as a primary cause of conflicts across the African continent. Speaking at an...

KADUNA STATE GOVERNMENT COMMITS TO UPHOLDING CHILDREN’S RIGHTS THROUGH LAWS AND POLICIES

The Kaduna State Government has reaffirmed its commitment to safeguarding children’s rights through the implementation of laws and policies, as stated by the Commissioner...

ISRAEL ADESANYA PLACES $4,000 BET ON ENYIMBA TO WIN MATCH AGAINST LOBI STARS

Nigeria’s UFC fighter, Israel Adesanya, has made headlines by placing a $4,000 bet (approximately N6.5 million) on Enyimba to win their rescheduled matchday three...

NEMA REPORTS FLOOD DISPLACEMENT OF TEN COMMUNITIES IN KEBBI

The National Emergency Management Agency (NEMA) has announced that ten communities have been displaced due to flooding caused by heavy rains in the Shanga...

GOVERNOR ALEX OTTI STRESSES IMPORTANCE OF PRESERVING IGBO CULTURAL HERITAGE

Abia State Governor, Dr. Alex Otti, highlighted the significance of preserving the Igbo people’s rich cultural heritage during the South East Traditional Rulers Council...

COMEDIAN DEEONE WARNS ACTIVIST VERYDARKMAN TO LEAVE FALZ AND FEMI FALANA OUT OF BOBRISKY-EFCC CONTROVERSY

Comedian DeeOne has advised activist VeryDarkMan to refrain from involving singer Falz and his father, Femi Falana, in the ongoing controversy between Bobrisky and...

MULTIPLE TAXATION HAMPERING BUSINESS GROWTH, SAYS SPORTS BETTING MD

The Managing Director of a leading sports betting firm, Ismaila Yusuf Atus, has highlighted the detrimental impact of multiple taxation on Nigerian businesses, identifying...

SHINKAFI CRITICIZES ZAMFARA GOVERNOR FOR FAILING TO FULFIL 100-DAY ANTI-BANDITRY PROMISE

Former National Secretary of the All Progressives Grand Alliance (APGA), Dr. Sani Abdullahi Shinkafi, has criticized Zamfara State Governor, Dauda Lawal, for not delivering...

PENGASSAN URGES FG TO INCREASE STAKE IN DANGOTE REFINERY TO 45%

The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has called on the Federal Government to boost its ownership in Dangote refinery...

TINUBU CALLS FOR DEBT FORGIVENESS AND FINANCIAL REFORMS FOR DEVELOPING NATIONS

President Bola Tinubu has urged creditors and multilateral financial institutions to consider debt forgiveness for Nigeria and other developing countries. Speaking during the 79th...

TINUBU CALLS FOR UN SECURITY COUNCIL REFORMS TO INCLUDE NIGERIA, AFRICA

President Bola Tinubu has urged for significant reforms in the United Nations (UN) Security Council, advocating for permanent seats for Nigeria and other African...

SOWORE QUESTIONS AIR PEACE’S HANDLING OF WINDSCREEN INCIDENT

Mr. Omoyele Sowore, Publisher of Sahara Reporters and rights activist, has raised serious concerns regarding Air Peace's response to a recent incident involving a...

FEDERAL GOVERNMENT PRIORITIZES SECURITY IN 2025 BUDGET OUTLINE

The Federal Government has highlighted security as a primary objective in its 2025 budget, aiming to create a conducive environment for capital accumulation across...

BUA GROUP FOUNDER ABDUL SAMAD RABIU DONATES N2 BILLION FOR MAIDUGURI FLOOD VICTIMS

In response to the recent devastating floods in Maiduguri and following President Bola Tinubu's appeal for private sector support, Abdul Samad Rabiu, industrialist and...

AGRIBUSINESS EXPERT ADESANLU ENDORSES GOVERNOR AIYEDATIWA FOR RE-ELECTION

Prominent agribusiness expert Adesanlu Omotoso Tosin has publicly endorsed Governor Lucky Aiyedatiwa for re-election in the upcoming governorship election scheduled for November 16. Speaking at...

EFCC INVESTIGATES ALLEGATIONS OF BRIBERY INVOLVING BOBRISKY

The Economic and Financial Crimes Commission (EFCC) has initiated an investigation into claims that some of its officers accepted N15 million from Idris Okuneye,...

AVERAGE DOMESTIC AIR FARE INCREASES BY 25.5% IN AUGUST 2024

Average domestic air fare surged by 25.5% month-on-month (MoM) to N123,700 in August 2024, up from N98,561 in July 2024, according to the National...

FEDERAL GOVERNMENT COMMENDS NMCC FOR INVESTIGATION INTO DAILY TRUST’S REPORT

The Federal Government has praised the National Media Complaints Commission (NMCC), Nigeria's media ombudsman, for its impartial investigation that deemed Daily Trust's report on...

CARDOSO OPTIMISTIC ABOUT REDUCING FOOD PRICES THROUGH PETROLEUM SUPPLY CHANGES

Cardoso, while presenting a communique from the Central Bank of Nigeria's 297th Monetary Policy Committee meeting on Tuesday in Abuja, stated that the lifting...

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