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Labour Party Crisis Deepens As Peter Obi Rejects Convention, Demands Reforms
adminMarch 30, 2024
Peter Obi, the presidential candidate of the Labour Party for 2023 elections has declared his stance on the recent national convention of the party that saw Barr Julius Abure emerge…Read More
Pope Withdraws From Good Friday Event At Last Minute ‘To Preserve Health’
adminMarch 30, 2024
Pope Francis pulled out of Friday’s Way of the Cross ceremony at the last minute, with the Vatican saying he wanted to “preserve his health” ahead of other Easter events…Read More
Gov. Eno Moved By NYSC Member’s Gratitude To Father, Promises 3-Bedroom House
adminMarch 30, 2024
Governor Umo Eno of Akwa Ibom State says his administration is about to build a three-bedroom house for the parents of a female member of the National Youth Service Corps…Read More
FG Postpones Commencement Of Port Harcourt — Aba Rail Line To April 2024
adminMarch 30, 2024
*Directs Linking Of Rail Lines To PH, Onne Ports The Federal Government has pushed the commencement date for the operation of the Port Harcourt – Aba section of the Port…Read More
Fuel Scarcity Hits Plateau As Tanker Drivers Protest Traffic Regulations
adminMarch 30, 2024
Motorists in Plateau state are experiencing scarcity of petrol due to conflict between the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG), National Transport Owners Association (NARTO) and State…Read More
Akpabio: Senate To Review Ningi’s Suspension, Resolve Matter Amicably
adminMarch 30, 2024
The Senate is set to recall Senator Abdul Ningi (PDP – Bauchi Central) from his three months suspension, it has been learnt. Senate President Godswill Akpabio disclosed this while answering…Read More
CBN Reports $1.5 Billion Forex Inflow, Bolstering Naira Gains
adminMarch 30, 2024
The Central Bank of Nigeria has said that it recorded an inflow of over $1.5 bn into the economy over the past few days, indicating that its monetary policy efforts…Read More
CBN Collaborates With Law Enforcement To Monitor Banking Sector Recapitalisation And Prevent Illicit Financing
adminMarch 30, 2024
*Removes Limit On PAPSS For Trade Payment Services The Central Bank of Nigeria is set to closely monitor the Nigerian banking sector’s recapitalisation alongside law enforcement agencies. This move is…Read More
Court Orders IGP, Others To Suspend Actions Against Property Developer
adminMarch 30, 2024
Justice Abimbola Awogboro of the Federal High Court, Lagos, has ordered the Inspection-General of Police (IGP) and seven others to maintain status quo, suspend and hold all actions, complaints in…Read More
Naira Halts Gaining Streaks Amidst FX Subsidies
adminMarch 29, 2024
Naira Halts Gaining Streaks Amidst FX Subsidies The Nigerian naira paused gaining streaks in the official window on Thursday amidst apex bank subsided US dollar sales to currency traders. The…Read More
High Debt to GDP Ratio Damaged Mozambique’s Credit Profile
adminMarch 29, 2024
High Debt to GDP Ratio Damaged Mozambique’s Credit Profile The government credit profile of Mozambique has remained adversely affected by the country’s 95% debt to GDP (debt to GDP ratio)…Read More
Naira Falls Against Dollar by 0.7%
adminMarch 29, 2024
Naira Falls Against Dollar by 0.7% The Naira experienced a slight depreciation at the official market, trading at N1,309.39 to a dollar on Thursday. Data from the official trading platform…Read More