archiveSeptember 22, 2020

Transactions on the Nigerian Stock Exchange on Tuesday rebounded further by 0.31 per cent, just as the Monetary Policy Committee (MPC) reduced interest rate by 100 basis points. The News Agency of Nigeria (NAN) reports that MPC of the Central Bank of Nigeria (CBN) at the end of two-day meeting...

  The Benin monarch, Oba Ewuare II, on Tuesday solicited the support of all Edo sons and daughters as well as other residents for the re-elected Gov. Godwin Obaseki in order for him to succeed. The monarch made the call in a statement signed by the Secretary of the Benin...

The Performing Musicians Employers Association of Nigeria (PMAN) on Tuesday congratulated the Nigeria’s King of Juju Music, Sunday Adegeye, popularly known as King Sunny Ade (KSA), on his 74th birthday. Mr Casmir Obi, National President of PMAN, commenting on the 74 Birthday of KSA, said in an interview with the...

    The Nigeria Air Force (NAF) says it has immortalized the late Tolulope Arotile, Nigeria’s first female helicopter combatant pilot. The military outfit said it immortalized Arotile by naming a remodeled Pilots Crew Room at the 115 Special Operations Group in Port Harcourt, after the late combatant pilot. The...

The Bill & Melinda Gates Foundation has named a gender and disabilities rights activist Hauwa Ojeifo as its Changemaker Award winner for 2020. The 2020 Changemaker Award celebrates an individual, who has inspired change using personal experience or from a position of leadership. It recognised Ojeifo for her work in...

  Former Emir of Kano, ex-Central Bank of Nigeria (CBN) Governor, Muhammadu Sanusi, has advised governments at all levels to stop borrowing to finance development. He stressed that instead of borrowing for projects, governments should invest on human capital and aim to create enabling environment for investments. He gave the...

Gov. Abdullahi Sule of Nasarawa State on Tuesday said that the remaining operatives of the Federal Road Safety Corps (FRSC) allegedly kidnapped by suspected bandits had been freed. Sule said this when he received the Market Enterprise Development Advisor, Fatima Buhari, in Lafia. The News Agency of Nigeria (NAN) reports...

The Independent National Electoral Commission (INEC) has presented a Certificate of Return to Governor Godwin Obaseki, winner of the just concluded Edo State governorship election. INEC presented the certificate to Obaseki and his deputy, Philip Shaibu, on Tuesday. Obaseki polled 307,955 votes across the 18 local government areas of the...

  The Court of Appeal has set up an election petition tribunal for the Edo State governorship election matters. The setting up of the panel by the Appeal Court President, Justice Monica Dongban-Menem, was announced in a statement on Tuesday by the Tribunal’s Secretary, Sunday Martins. “The general public is...

  retains other policy rates The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) rose from its 275th meeting on Tuesday with a decision to reduce the Monetary Policy Rate (MPR), that is lending rate, from 12.5 per cent to 11.5 per cent. The Chairman of MPC...