CBN Hikes Benchmark Interest Rate to 18.75%
CBN Hikes Benchmark Interest Rate to 18.75% The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) raised the country’s Monetary Policy Rate (MPR) from 18.5 per cent…
Reps Want Punishment for DisCos for Poor Electricity Supply
Reps Want Punishment for DisCos for Poor Electricity Supply The House of Representatives has urged the Nigerian Electricity Regulatory Commission (NERC) to compel Distribution Companies (DisCos) to discontinue the alleged…
Chinese Yuan Strengthens to 7. 1406 Against the Dollar
Chinese Yuan Strengthens to 7. 1406 Against the Dollar The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 45 pips to 7.1406 against the dollar on…
Court Admits Emefiele to N20m Bail
Court Admits Emefiele to N20m Bail Justice Nicholas Oweibo of a Federal High in Lagos, on Tuesday, admitted the suspended Central Bank of Nigeria, (CBN) Governor, Godwin Emefiele to bail…
Nigeria Mobilises $500m for Food System Transformation – Shettima
Nigeria Mobilises $500m for Food System Transformation – Shettima Vice President Kashim Shettima has disclosed that Nigeria has mobilized more than half a billion dollars for innovative, profitable, equitable, and…
Suspended CBN Governor Pleads Not Guilty to Illegal Possession of Firearms
Suspended CBN Governor Pleads Not Guilty to Illegal Possession of Firearms The suspended Central Bank of Nigeria (CBN), Godwin Emefiele, on Tuesday, pleaded not guilty before a Federal High Court…
Subsidy Removal Palliatives: Ogun Govt. Approves N10,000 for Workers, Pensioners
Subsidy Removal Palliatives: Ogun Govt. Approves N10,000 for Workers, Pensioners The Ogun government has approved a cash palliative of N10,000 for each of its public servants and pensioners, Mr. Tokunbo…
Russian Strikes on Ukraine Ports, Blow to Food Security – UN official
Russian Strikes on Ukraine Ports, Blow to Food Security – UN official UN political affairs chief, Ms Rosemary DiCarlo says Russia’s bombardment of Ukrainian ports along the Black Sea could…
Discos to Upgrade Customers’ Metering Before Nov. 2024 – Official
Discos to Upgrade Customers’ Metering Before Nov. 2024 – Official Electricity distribution companies(DisCos) in Lagos say the proposed Standard Transfer Specification (STS), a metering code, to be introduced soon, is…
Trapped Convoy: Obaseki Breaks Silence, Accuses FG Of Abandoning Edo
Governor Godwin Obaseki of Edo State has blamed the Federal Government for the deplorable state of the Benin-Sapele Road where his convoy was recently trapped. A social media user had…