CBN raises CRR of Deposit Money Banks 50%
Sept. 24, 2024 The Central Bank of Nigeria (CBN), has raised the Cash Reserve Ratio (CRR) of Deposit Money Banks by 500 basis points to 50 per cent from 45.00…
Ombudsman faults Daily Trust report on Samoa Agreement, knocks FG
The National Media Complaints Commission (NMCC), otherwise known as the Ombudsman, has ruled that the Daily Trust newspaper’s July 4, 2024 front page story titled “LGBT: Nigeria Signs $150 Billion Samoa…
Tragedy as 5 police officers killed, 11 others injured in Kano auto crash
Sept. 24, 2024 The Police Command in Kano has confirmed the death of five police officers in a ghastly motor accident at Karfi town in Kura Local Government Area of…
Lifting petrol from Dangote refinery will moderate FX pressure – Cardoso
Sept. 24, 2024 The Governor of the Central Bank of Nigeria (CBN), Yemi Cardoso, says lifting of petroleum products from the Dangote Refinery will moderate foreign exchange demand pressures. Cardoso…
Bello: EFCC leadership grossly incompetent – CUPP, calls for Olukoyede’s sack
The Coalition of United Political Parties, CUPP, has called on President Bola Ahmed Tinubu to sack the Chairman of the Economic and Financial Crimes Commission, Ola Olukoyede, saying the anti-graft…
Edo Election: Police Arrest 6, Recover 4 Weapons, 58 Voter Cards
Sept. 24, 2024 The Nigerian Police has said six persons were arrested for various electoral offences during Saturday’s governorship election in Edo. Deputy Inspector-General of Police in-charge of the election,…
NAFDAC conducts mop-up of contaminated food, drugs in Maiduguri
Sept. 24, 2024 The National Agency for Food and Drug Administration and Control (NAFDAC) has carried out a thorough mop-up operation to remove contaminated food and drugs from major markets…
Three to die by hanging for murder of Army Commandant in Ibadan
Sept. 24, 2024 The Oyo State High Court sitting in Ibadan, on Tuesday, sentenced three persons to death by hanging for the murder of Col. Anthony Okeyin, the Commandant, Nigeria…
CBN further increases interest rate by 50 basis to 27.25%
Sept. 24, 2024 The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has further increased the Monetary Policy Rate (MPR) by 50 basis points to 27.25 per…
Flood: NEMA urges Rivers govt. to build emergency shelters
Sept. 24, 2024 The National Emergency Management Agency (NEMA), has urged the Rivers Government to construct emergency shelters that will provide accommodations for flood victims in the state. Mr Adebiyi…