Interest rate hikes have helped to restore confidence in naira – Cardoso
Olayemi Cardoso, governor of the Central Bank of Nigeria (CBN), says the multiple interest rate hikes have restored confidence in the naira. According to Cardoso, the consecutive interest rate…
Bobrisky: I spent my prison term in a house, bribed EFCC with N15m
In a shocking revelation by a blogger, Martins Otse, popularly known as TheVeryDarkMan, Idris Okuneye, better known as Bobrisky, has said that he did not spent his prison…
Nigeria’s unemployment rate increased to 5.3% in Q1 2024, says NBS
The National Bureau of Statistics (NBS) says Nigeria’s unemployment rate increased to 5.3 percent in the first quarter (Q1) of 2024. In a report on Tuesday, NBS said the…
CBN raises interest rate to 27.25 per cent
The monetary policy committee (MPC) of the Central Bank of Nigeria (CBN) has raised the monetary policy rate (MPR), which benchmarks interest rates, from 26.75 percent to 27.25 percent.…
Army absolves officer of sexual harassment claims
The Nigerian Army has absolved its officers, Col. Ishiaku Abdulkareem, of sexual harassment, intimidation and maltreatment leveled against him by Ex-female soldier, Pte. Ruth Ogunleye. The Director, Army…
Dangote: NNPC made huge mistake by reducing stake in our refinery
Aliko Dangote, Africa’s richest person and the President of the Dangote Group, owners of the new 650,000 barrels per day crude oil refinery in Lagos, yesterday argued that the…
Edo election failed integrity test — Yiaga Africa
A civil society group, Yiaga Africa, has said that Saturday’s Edo State governorship election failed the integrity test. It spoke in a statement on Monday on the poll…
CBN seeks replacements for sacked directors
The Central Bank of Nigeria (CBN) has commenced the process of appointing substantive directors to replace those who were relieved of their appointments, including some who retired about 11…
Islamic singer Rukayat Gawat is dead
: Popular Nigerian Islamic singer, Rukayat Gawat Oyefeso has passed away. She was well-known for her captivating voice and religious music that resonated with many in the Muslim community. The…
Kogi assembly demands Olukoyede’s sack for ‘persecuting’ Yahaya Bello
The Kogi house of assembly has called for the removal of Ola Olukoyede, chairman of the Economic and Financial Crimes Commission (EFCC), for “persecuting” Yahaya Bello, former governor of…
