archiveSeptember 2020

Finanical experts on Tuesday expressed mixed reactions to the 100 basis points slash in the Monetary Policy Rate (MPR) by the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN). The financial experts spoke with the News Agency of Nigeria (NAN) in Lagos on the outcome of the...

The National Insurance Commission (NAICOM), has appealed to state governments to domesticate compulsory group life insurance and other insurances in their states. Mr Sunday Thomas, the Commissioner for Insurance of NAICOM, made the appeal on Tuesday when he visited Gov. Kayode Fayemi of Ekiti State. The commissioner in a statement...

  Nigeria Labour Congress (NLC) has finalized plan to stage a nationwide rally on September 28 to protest the increase in the prices of petrol and electricity tariff. The National Executive Council (NEC) of the NLC on Tuesday endorsed the decision of the Central Working Committee (CWC) which resolved to...

The Federal Government says, contrary to the position of some critics, it has no hidden agenda by pursuing the National Water Resources Bill 2020 before the National Assembly. The Ministers of Information and Culture, Alhaji Lai Mohammed and Water Resources Suleiman Adamu disclosed this on Tuesday in Abuja at a...

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...