archive2019

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has retained the Monetary Policy Rate (MPR) at 13.5 per cent while other policy parameters remained unchanged. The Governor of the CBN, Mr Godwin Emefiele, made this known after the MPC’s meeting in Abuja on Tuesday. Emefiele disclosed...

  from $40.79 billion a month earlier Data from the Central Bank of Nigeria (CBN) on Tuesday has revealed that the nation’s foreign exchange reserves declined to $39.93 billion by November 22, down by 2.10 per cent month-on-month, from $40.79 billion a month earlier. The drop in the country’s forex...

  The Senate President, Dr Ahmad Lawan, has disclosed that the 2020 Budget proposal of the Federal Government will be passed next week. Lawan, who spoke at plenary on Tuesday, said the budget estimate, which would have been passed this week by the upper chamber, will be passed before the...

The Senate on Tuesday asked security agencies to apprehend those behind the violence that marred the elections in Kogi and Bayelsa States. This was one of the resolutions arrived at by the red chamber after the matter of the election was raised during plenary. As shared via the verified Twitter...

  A bill seeking gender equality that would guarantee women equal rights with their male counterparts has resurfaced in the Senate. The bill which is being reintroduced by former Senate Minority Leader, Senator Biodun Olujimi, Peoples Democratic Party (PDP) Ekiti South seeks to eliminate discrimination against any person irrespective of...

President Muhammadu Buhari endorsed the trial of 5G technology at the MTN first live demo of 5G network (5th generation network technology) on Monday in Abuja. Buhari who was represented at the occasion by the Minister of Communications and Digital Technology, Dr Isa Pantami, expressed delight to be part of...

  A Federal High Court in Lagos State will on Dec. 17 resume the trial of a former Director of the Niger Delta Development Commission (NDDC), Tuoyo Omatsuli charged with N3.6 billion fraud. Omatsuli is charged alongside Don Parker Properties Ltd, Francis Momoh and Building Associates Ltd, as second, third...

  receives 24 certifications across 23 countries in Sub-Saharan Africa this year   DHL Express has been recognized as a top employer in Africa for the sixth consecutive year by the prestigious Top Employer Africa Institute, the global authority on recognising excellence in people practices. The Institute conducts a certification...

  Senior Vice President of the African Development Bank (AfDB), Mr. Charles Boamah has urged African countries to act faster to purge corruption in the land sector by harnessing technology and innovation. Speaking to policymakers and stakeholders at a conference on Land Policy in Africa which commenced on Monday in...

Former Lagos State Commissioner of Police, Alhaji Abubakar Tsav says most politicians in Nigeria do not believe in God. This was contained in a statement he personally signed and made available to the News Agency of Nigeria (NAN), in Makurdi on Tuesday. “Our politicians do not believe in God and...