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  • Banks Borrowing From CBN To Buy FX Intensifies Pressure On Naira And Inflation, Says Rewane

    Banks have been borrowing from the Central Bank of Nigeria (CBN) to purchase foreign exchange (FX), a practice that has intensified pressure on the Naira and inflation, according to Bismarck Rewane, managing director/CEO of Financial Derivatives Company Limited. Rewane highlighted that the CBN’s recent decision to adjust the asymmetric corridor around the Monetary Policy Rate […]
  • Former Atiku Spokesman Warns: Planned Protests Likely To Turn Violent, Cause More Harm

    …says proposed protests not built to end in peace Former spokesman to Atiku Abubakar, the Presidential candidate of the People’s Democratic Party (PDP) at the 2023 Presidential election, Daniel Bwala has prevailed on those planning nationwide protests beginning from August 1st to reconsider their plans because President Bola Tinubu has a full grasp of the […]
  • Tinubu Signs Bills To Boost Development In North-West And South-East Regions

    President Bola Tinubu has signed into law two significant bills aimed at accelerating development across the North-West and South-East geo-political zones of the country. The North-West Development Commission (Establishment) Bill, 2024, and the South-East Development Commission (Establishment) Bill, 2023, will facilitate reconstruction, rehabilitation, and tackling of environmental and development challenges in the respective regions. According […]
  • Tupac Shakur Murder Suspect Alleges Diddy Ordered $1M Hit On Rapper

    U.S. rapper Sean ‘Diddy’ Combs was further implicated in new court documents that claimed he paid $1 million to have Tupac Shakur assassinated in 1996. Mr Combs’ name appeared in the records over 75 times. Key suspect Duane ‘Keefe D’ Davis, who was apprehended in Tupac’s murder probe last year, said Diddy had funded his […]
  • [Video] Police, Amaewhule Accused Of Disrupting Rivers Healthcare Programme

    A fresh crisis seems to be unfolding in Rivers State as supporters of Governor Siminalayi Fubara on Wednesday reported harassment and intimidation in parts of the state. Over the weekend, a group of individuals loyal to Governor Fubara were reportedly harassed and chased away from a location in Omagwa, Ikwerre Local Government Area, where they […]