Reacting to the Central Bank of Nigeria’s (CBN) recent increase in the Monetary Policy Rate (MPR), the Manufacturers Association of Nigeria (MAN) warns that this policy move is hampering growth in the real sector. The CBN’s Monetary Policy Committee (MPC) confirmed a fifth consecutive MPR hike on Wednesday, pushing the rate to 18.5 per cent …
Manufacturers Raise Alarm Over CBN’s Hike in Monetary Policy Rate Read More »
The Electricity Hub (TEH), a leading energy solutions organization, has raised concerns that nearly 92 million Nigerians are yet to be connected to the national electricity grid. They are urging the new administration, inaugurated today, to prioritize addressing this long-standing power deficiency through increased financing and political stability. This appeal was made at TEH’s 82nd …
Several Yoruba Nation activists have been taken into custody following their alleged invasion of Amuludun FM, an Ibadan-based community radio station owned by the Federal Radio Corporation of Nigeria (FRCN). The combined efforts of several security operatives facilitated this. Eyewitnesses state that the supposed ‘Yoruba Nation’ activists besieged the radio station’s premises during the early …
Yoruba Nation’ Agitators Held Following Radio Station Incursion in Ibadan Read More »
Dr Akinwumi Adesina, President of the African Development Bank (AfDB), has stressed the urgent need for the incoming administration to overhaul Nigeria’s power sector to enhance the competitiveness of the country’s industrial sector. Speaking at a presidential inauguration lecture in Abuja on Saturday, Adesina asserted that resolving power issues is crucial for the nation’s accelerated …
In an emotional culmination of his tenure, Governor David Umahi of Ebonyi State conducted his final State Executive Council (EXCO) meeting on Saturday, marked by the announcement of 17 permanent secretaries retiring from state civil service. An atmosphere of poignant farewell enveloped the meeting as Governor Umahi shed tears during the announcement. Nonetheless, he declared …
President Muhammadu Buhari has officially opened a 3000-capacity Custodial Centre in Janguza, Kano state, marking it the country’s largest facility. The Nigerian Correctional Service (NCoS) Public Relations Officer, ACC Abubakar Umar, announced this milestone on Friday through a statement issued in Abuja. President Buhari expressed that his administration initiated the construction of six mega custodial …
Julius Abure, Labour Party’s National Chairman, is victorious as Edo State High Court dismisses his suspension notice issued by party members. Justice Emmanuel Aihamoje rules the suspension lacks merit, and the faction lacks the constitutional power to remove the national chairman. A perpetual injunction against Lamidi Apapa and his faction is imposed, preventing them from …
Judiciary Upholds Abure’s Status as Labour Party Chairman, Curbs Apapa Faction Read More »
Adeyemi Adeniran, the father of 12-year-old Whitney, a student at Chrisland High School Opebi who tragically lost her life during a school sports event, has disclosed his painful discovery of his daughter’s electrocution via a social media group on Snapchat. The revelation was made during a hearing at a High Court in Ikeja, Lagos State. …
Chrisland Student’s Death Linked to Electrocution, Claims Father Read More »
The All Progressives Grand Alliance (APGA) in Enugu State elects a new executive team tasked with winning the state’s governorship in 2027. New executive members, including Hon Uche Ojielo as state chairman and Sir. Casmir Ugwu, as Deputy Chairman, was elected at the party’s state secretariat. The newly-elected party chairman, Ojielo, commits to an all-inclusive …
Enugu APGA Sees Leadership Shift in Pursuit of 2027 State Governance Read More »
The Department of State Services (DSS) has warned of potential disruptions during handover ceremonies nationwide. DSS claims these disruptions are planned by certain elements aiming to undermine security efforts and cause public distress. A statement issued by the Service urges citizens to strictly follow the security protocols during the events. The DSS advises the public …
Security Agency Foresees Disruptions at Nationwide Inaugurations Read More »
