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The Central Bank of Nigeria (CBN)’s Monetary Policy Committee (MPC) has raised the Monetary Policy Rate (MPR) by four hundred basis points to 22.75 percent from 18.75 percent.   Governor of the CBN Yemi Cardoso announced this after the first MPC meeting for the year in Abuja on Tuesday. “All …

The Chief Justice of Nigeria (CJN), Justice Olukayode Ariwoola, who conducted the ceremony charged the judges not to allow their ambition to cloud their sense of judgement.   Speaking further at the swearing-in held at the main courtroom of the Supreme Court, the CJN told the new justices to be …

Lagos State residents on Monday hit the streets to protest against the high level of hardship in the country.   The ongoing protest was facilitated by a human rights group identified as the ‘Take It Back Movement’. The protesters were seen carrying placards with various inscriptions which expressed their grievances, …

The Nigeria Labour Congress (NLC) has insisted that it will go ahead with its plan to protest the “mounting hunger and insecurity” in the country on Tuesday and Wednesday.   Its President, Joe Ajaero, who said this in a statement on Sunday, accused the Federal Government of allegedly trying to …

Ex-Super Eagles goalkeeper, Vincent Enyeama, has confirmed the death of his father, Phillip. Enyeama, on Sunday, posted the video tribute on social media, which showed him playing tennis with his late dad.   “To God be the glory for a life well spent. You were the reason a lot of …

  Donald Trump has said Prince Harry will be “on his own” if he wins a second term this year as the former president criticised him for an “unforgivable” betrayal of Queen Elizabeth II. Mr Trump said that Joe Biden’s administration had been “too gracious” to the Duke of Sussex …

Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has disclosed that fuel subsidy was costing the Federal Government N400 billion monthly.   Edun made the revelation while granting an interview on Channels Television as he emphasised that government’s finances have been repaired. Recall that President Bola Tinubu, …

The Economic Community of West African States (ECOWAS) has removed the economic sanctions imposed on Niger Republic, Burkina Faso, Mali and Guinea.   The decision was adopted on Saturday, February 24, in Abuja during the extraordinary summit on the political, security, and peace conditions in the ECOWAS subregion.     …

The Nigeria Customs Service, NCS, will today commence the sale of seized bags of rice to the public at the rate of N10,000 per 25kg .     Disclosing this to newsmen in Lagos, Comptroller General of the NCS, Mr. Adewale Adeniyi, said the process for the sale of the …

Senator Monday Okpebholo has been declared winner of the Edo All Progressives Congress, APC, governorship primary election.   Governor Bassey Otu of Cross River who was the Chairman of Edo APC shadow poll, made the declaration after collating the results from the 18 local government areas. Okpebholo scored 12,433 votes …