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Nigeria’s Inflation Rate Spikes to 21.82% as Economy Hibernates
adminFebruary 16, 2023
Nigeria’s Inflation Rate Spikes to 21.82% as Economy Hibernates Nigeria’s headline inflation rate accelerated by 47 basis points in January to 21.82 per cent year on year, according to consumer…Read More
Naira Falls as New Notes Scarcity Exposes eNaira Weakness
adminFebruary 16, 2023
Naira Falls as New Notes Scarcity Exposes eNaira Weakness The Naira traded at N461. 67 to the United States (US) dollar at the Investors’ and Exporters’ foreign exchange window amidst…Read More
Yield Rises as Investors Cash Out Nigerian T-Bills
adminFebruary 16, 2023
Yield Rises as Investors Cash Out Nigerian T-Bills The average yield on Nigerian Treasury bills inched higher following sell pressures on short-dated instruments amidst loads of uncertainties in the economy.…Read More
Nigeria’s 30-Year Bond Price Slumps over Selloff
adminFebruary 16, 2023
Nigeria’s 30-Year Bond Price Slumps over Selloff Due to selling pressures, the yield on Nigeria’s 30-year bonds rose to 15.26% with buckets of debt papers traded quietly after a relatively…Read More
Why We Won’t Redeploy Lagos REC — INEC
adminFebruary 16, 2023
The Independent National Electoral Commission (INEC) has said it will not redeploy the Resident Electoral Commissioner (REC) for Lagos State, Mr. Segun Agbaje. The Labour Party and Peoples Democratic Party…Read More
Why We Dropped Former Deputy Gov Candidate — Abia PDP
adminFebruary 16, 2023
The leadership of the Abia chapter of the Peoples Democratic Party (PDP) has explained it dropped the running mate to the late Prof. Uche Ikonne, Hon. Okey Igwe, because he…Read More
Naira Swap: No Plan To Keep Old Notes As Legal Tender Till April — El-Rufai
adminFebruary 16, 2023
*Says Proposed Measures Will Not Solve Crisis Kaduna state governor, Malam Nasir El-Rufai, Wednesday night, denied media report that the Federal Government met with the Nigerian Governors’ Forum (NGF) or…Read More
2023: Wike Frustrated Peter Obi Out Of PDP — Bwala
adminFebruary 16, 2023
The spokesperson of the Presidential Campaign Council of the Peoples Democratic Party (PDP), Daniel Bwala, has accused Governor Nyesom Wike of Rivers State of frustrating the presidential candidate of the…Read More
Abuja Lawyer Drags EFCC To Court Over Physical Assault
adminFebruary 16, 2023
An Abuja-based constitutional lawyer, Chief Felix Edewor, has dragged the Economic and Financial Crimes Commission (EFCC) to court over a physical assault on him by an operative of the commission,…Read More
Buhari Plans 60 More Days For Old Notes — Presidential Source
adminFebruary 16, 2023
Indications emerged on Wednesday that President Muhammadu Buhari is making moves to find a solution to the escalating crisis trailing the cash swap by allowing the old notes to remain…Read More
Ebonyi Govt Rejects Court Judgement On Ebubeagu Disbandment
adminFebruary 16, 2023
The Ebonyi State Government has described as a miscarriage of justice the Federal High Court judgement that disbanded the Ebubeagu Security Outfit, saying it was “dead on arrival”. The Federal…Read More
We’re Not Against Naira Redesign — Bayelsa Gov
adminFebruary 16, 2023
Bayelsa State Government, on Wednesday, dissociated itself from a list of 10 state governments opposing the naira redesign policy and restated its support to the Federal Government on the exercise.…Read More