Naija News

Obi Criticizes Mpcs Rate Hikes Predicts Tougher Times For Nigerians

Obi Criticizes MPC’s Rate Hikes, Predicts Tougher Times for Nigerians

Labour Party’s Presidential Candidate in the 2023 elections, Mr Peter Obi, has expressed significant concerns over the Monetary Policy Committee’s (MPC) recent decision to raise the Monetary Policy Rate (MPR) to 22.5% and the Cash Reserve Ratio (CRR) to 45%. According to Obi, this move is poised to deepen Nigerian families’ economic woes as they […]

Bet9ja banner

Obi Criticizes MPC’s Rate Hikes, Predicts Tougher Times for Nigerians Read More »

Ndic Pays Out To Depositors Of 179 Closed Banks Ensures Protection Of Funds1

NDIC Pays Out to Depositors of 179 Closed Banks, Ensures Protection of Funds

The Nigeria Deposit Insurance Corporation (NDIC) has successfully reimbursed customers’ deposits from 179 microfinance and four primary mortgage banks recently closing down across Nigeria. This announcement was made by the NDIC Managing Director, Dr. Bello Hassan, at the 45th Kaduna International Trade Fair. Hassan, represented by the NDIC’s Deputy Director of Communication, Hauwa Gambo, emphasized

Bet9ja banner

NDIC Pays Out to Depositors of 179 Closed Banks, Ensures Protection of Funds Read More »

Lassa Fever Claims Nine Lives In Benue Including Health Workers And Idps

Lassa Fever Claims Nine Lives in Benue, Including Health Workers and IDPs

In the past two months, Benue State has witnessed a distressing surge in Lassa fever cases, resulting in the deaths of nine individuals. State Epidemiologist Dr Sam Ngishe shared this alarming update during a telephone interview with journalists on Thursday. This development comes amidst reports from the Nigeria Centre for Disease Control and Prevention (NCDC)

Bet9ja banner

Lassa Fever Claims Nine Lives in Benue, Including Health Workers and IDPs Read More »

Kaduna Abuja Highway Shutdown By Locals Protesting Rampant Kidnappings1

Kaduna-Abuja Highway Shutdown by Locals Protesting Rampant Kidnappings

In a bold move to draw attention to their plight, residents of Gonin-Gora, located in the volatile Chikun Local Government Area of Kaduna State, took to the Kaduna-Abuja Expressway on Thursday, blockading the vital route to protest the recent surge in kidnappings within their community. The demonstration was sparked by a series of abductions that

Bet9ja banner

Kaduna-Abuja Highway Shutdown by Locals Protesting Rampant Kidnappings Read More »

Eu Advocates For Community Centric Solutions To Combat Niger Delta Criminality

EU Advocates for Community-Centric Solutions to Combat Niger Delta Criminality

The European Union, through its Deputy Head of Mission to Nigeria, Zissimos Vergos, has emphasized the need to address the root causes of criminal activities in the Niger Delta region. Vergos endorsed the adoption of inclusive community approaches to mitigate the violence and criminality prevalent in this oil-rich area. A report by the Partnership Initiative

Bet9ja banner

EU Advocates for Community-Centric Solutions to Combat Niger Delta Criminality Read More »

Peseiro Ends Tenure As Super Eagles Coach Reflects On Fulfilling Journey

Peseiro Ends Tenure as Super Eagles Coach, Reflects on Fulfilling Journey

Jose Peseiro, the Portuguese football manager, has officially stepped down from his role as the head coach of Nigeria’s national team, the Super Eagles, marking the end of his contract on Thursday. Peseiro, who led the team to a commendable second-place finish at the 2023 African Cup of Nations, expressed his gratitude and fulfilment for

Bet9ja banner

Peseiro Ends Tenure as Super Eagles Coach, Reflects on Fulfilling Journey Read More »

Ncc Enforces Sim Nin Linkage Warns Of Penalties For Telcos Non Compliance1

NCC Enforces SIM-NIN Linkage, Warns of Penalties for Telcos’ Non-compliance

The Nigerian Communications Commission (NCC) has issued a stern warning to telecommunications companies over the mandatory linkage of Subscriber Identity Module (SIM) cards with National Identification Numbers (NIN), stating that non-compliance will lead to sanctions. Reuben Mouka, the NCC’s Director of Public Affairs, communicated this directive to The PUNCH on Thursday, underscoring the importance of

Bet9ja banner

NCC Enforces SIM-NIN Linkage, Warns of Penalties for Telcos’ Non-compliance Read More »

House Forms Committee To Reassess Oronsaye Report Amid Implementation Plans1

House Forms Committee to Reassess Oronsaye Report Amid Implementation Plans

On Thursday, the House of Representatives flagged the 2012 Steve Oronsaye Report as outdated, urging President Bola Tinubu to conduct a comprehensive review before implementing it. In response, the House has established a 23-member committee, led by House Leader Julius Ihonvbere, tasked with proposing measures to address the potential repercussions of revising the Oronsaye Report.

Bet9ja banner

House Forms Committee to Reassess Oronsaye Report Amid Implementation Plans Read More »

Nigeria Investigates Binance Amidst Economic Concerns Nsa Confirms1

Nigeria Investigates Binance Amidst Economic Concerns, NSA Confirms

The Federal Government, through the Office of the National Security Adviser (NSA), has launched an investigation into the operations of Binance, the global cryptocurrency exchange platform. This development follows the arrest and detention of two company executives, as reported by the Financial Times. The executives were detained shortly after arriving in Nigeria, precipitated by a

Bet9ja banner

Nigeria Investigates Binance Amidst Economic Concerns, NSA Confirms Read More »

Cbn Settles Fx Debts With All But Five Banks Assures Cardoso

CBN Settles FX Debts with All but Five Banks, Assures Cardoso

Dr. Olayemi Cardoso, the Governor of the Central Bank of Nigeria (CBN), has announced the clearance of foreign exchange (FX) backlogs for all but five banks. This declaration came during an investor call hosted by the Nigerian Exchange Group on Thursday. Cardoso assured participants that the outstanding FX debts of the remaining five banks would

Bet9ja banner

CBN Settles FX Debts with All but Five Banks, Assures Cardoso Read More »

Scroll to Top