The Central Bank of Nigeria on Tuesday raised its benchmark lending rate to 18.75 per cent from 18.5 per cent. The apex bank made this known after the two-day Monetary Policy Committee (MPC) meeting. The acting CBN governor, Folashodun Shonubi, who chaired the meeting, noted that “hiking the interest rate has made a lot of … [Read more…]
The Nigerian Association of Resident Doctors (NARD) on Tuesday night declared an indefinite nationwide strike. President of the association, Dr Orji Emeka Innocent, said the strike will commence at 12 midnight on Tuesday. He said the strike was declared during the National Executive Council meeting of the association in Lagos. According to Innocent, the major … [Read more…]
The Nigeria Union of Teachers (NUT) in Benue State has threatened to downsize if the government fails to restore promotions and all the arrears of consolidated enhanced allowances removed from their May and June 2023 salaries among other demands. State Chairman of NUT, Comrade Levi Terna Akuma, in a telephone conversation with journalists in Makurdi … [Read more…]
There are high expectations as Taraba State governor Dr Agbu Kefas inaugurated his team of commissioners he described as technocrats. The governor’s team of 22 commissioners is dominated by youths, only seven out of the cabinet members were found to be close to the age of 50 years, even as the team also has seven … [Read more…]
Operatives of the Department of State Services (DSS), on Tuesday, re-arrested suspended Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, after a tussle with officials of the Nigerian Correctional Service (NCS). Emefiele’s re-arrest occurred on the premises of a Federal High Court in Lagos sitting in Ikoyi after Justice Nicholas Oweibo admitted the … [Read more…]
Former governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has been granted a N20 million bail. The bail condition includes producing a suretee with landed property within the jurisdiction of the court in Ikoyi, Lagos, depositing his passport and also producing a Civil servant not below level 16 to perfect bail. Emefiele was … [Read more…]
PRESS RELEASE POLICE ACADEMY COMMENCES APPLICATION INTO 10TH REGULAR COURSE CADET DEGREE PROGRAMME …Interested and Qualified Candidates to Register on www.polac.edu.ng …As IGP Warns Impostors, Fraudsters The Nigeria Police Force wishes to invite interested and qualified candidates of Nigerian extract to register online for admission into the 10th Regular Course Cadet Degree Programme. The online … [Read more…]
Former Vice President and presidential candidate of Peoples Democratic Party (PDP), Atiku Abubakar, has alleged that four persons, who plotted to attack him, have been arrested by the police in Yola, the Adamawa State capital. Reacting to the incident, PDP said it was alarmed, and it demanded a comprehensive investigation into the matter. Former Deputy … [Read more…]
Suspended Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, on Tuesday morning, was arraigned at the Federal High Court sitting in Ikoyi, Lagos on two counts of illegal possession of firearm and ammunition. Emefiele was arraigned before the vacation judge, Justice Nicholas Oweibo, after over six weeks since his arrest and detention by the Department … [Read more…]
According to the Nigeria Demographic and Health Survey, Nigeria has about 19.8 million children who are malnourished, giving Nigeria the highest burden of stunting in Africa and the second highest in the world. About 70 percent of children under five are anaemic as child nutrition is core to human capital development in Nigeria. This presents … [Read more…]
‘ENOUGH IS ENOUGH’ was the message written in bold letters on a banner displayed by hundreds of Enugu residents who staged a protest against the sit-at-home orders in the South-East on Monday, July 24. The protesters, mostly youths and middle-aged persons gathered at Okpara Square, close to the government house, from where they marched around … [Read more…]
The Delta State Government has notified owners of buildings and structures on natural drainage and waterways to vacate or face imminent demolition of such structures. The Director to the State Government on Special Duties, Frank Omare, during a sensitisation exercise in Warri South and Uvwie councils, insisted that no illegal structure would be spared no … [Read more…]