archiveJanuary 25, 2022

  The Central Bank of Nigeria (CBN) has retained the Monetary Policy Rate (MPR) at 11.5 per cent. The CBN Governor, Godwin Emefiele, disclosed this during a briefing after the first Monetary Policy Committee (MPC) meeting for the year held in Abuja on Tuesday. The Committee left other parameters unchanged,...

  The Federation Accounts Allocation Committee (FAAC) shared a total of N699.824 billion in December 2021 from the Federation Account Revenue to the Federal Government, States and Local Government Councils. This was contained in a communiqué issued at the end of a virtual meeting of the Federation Account Allocation Committee...

  Cooperatives play a strategic role in implementing government’s social investment and intervention programmes and ensuring that a large number of people have access to the programmes according to Vice President Yemi Osinbajo, SAN. He said this on Monday when he received a delegation from the Cooperative Federation of Nigeria...

Nigeria has dropped five places in the 2021 Corruption Perceptions Index (CPI) index, according to Transparency International (TI). Nigeria scored 24 out of 100 points in the 2021 index. Nigeria’s current 154 ranking out of 180 countries in the 2021 Corruption Perceptions Index is a drop of 149 in the...

Aliko Dangote has retained his position as the richest man in Africa, with a net worth of $12.1 billion at the end of 2021. This was reported in the 2022 edition of the Forbes’ Top 10 Africa’s Billionaires List. According to the report, for the 11th year in a row,...

President Muhammadu Buhari on Tuesday, said the Federal Government will take full advantage of the opportunities that Fifth Generation (5G) network provides for the economy, security and well-being of the nation. This is as he directed all the security institutions to immediately leverage 5G technology, when deployed, to enhance security...

Jamiu Abiola, son of the late business mogul and winner of June 12, 1993, presidential election, MKO Abiola, yesterday, faulted the recent claim by former Head of State, Gen. Abdulsalami Abubakar (retd), that Abiola was not killed but died after falling ill in detention. Abubakar said, recently, in an interview,...

Political parties must follow the law or miss out in elections - Lawan The Senate on Tuesday re-amended for a second time, the Electoral Act Amendment Bill, 2022, to include provisions which clearly define the mode of primaries for political parties. The re-amendment was sequel to a motion on “rescission...

says APC convention will lead to another crisis The Leader Of INRI Evangelical Spiritual Church, Primate Elijah Ayodele, has said that the Governor of Rivers State Nyesome Wike will never become the President of Nigeria. The cleric made this known via a statement released by his media aide, Osho Oluwatosin,...

The Muslim Rights Concern (MURIC) has berated the Yoruba socio-cultural group, Afenifere, over the its refusal to support Asiwaju Bola Ahmed Tinubu who recently declared his intention to contest in the 2023 presidential election. MURIC which spoke through its director, Professor Ishaq Akintola, on Tuesday, 25th January 2022, argued that...