EACH BDC RECEIVES $20,000 FROM CBN IN ORDER TO KEEP THE NAIRA STABLE.
The Central Bank of Nigeria (CBN) has made a firm decision to close the growing exchange rate difference in an effort to address the enduring distortions in the retail…
RECENTLY, THE CBN INCREASED INTEREST RATES TO 22.75%.
Babatunji Wusu – The Monetary Policy Rate (MPR), the benchmark interest rate set by the Central Bank of Nigeria (CBN), has been hiked to 22.75 percent. This is 400 basis…
CRACKING DOWN ON A DRUG RING, NDLEA ARRESTS 10, SEIZES HEROIN WORTH N10 BILLION
Babatunji Wusu – According to the National Drug Law Enforcement Agency (NDLEA), a syndicate operating on three continents brought in the largest-ever cargo of heroin, which was intercepted by NDLEA…
TINUBU SAYS, “I AM AWARE NIGERIANS ARE SUFFERING,” AND EXPLAINS WHY THE FUEL SUBSIDY WAS REMOVED.
Babatunji Wusu – President Bola Tinubu has defended the administration’s choice to terminate Nigeria’s fuel subsidy program. The President claimed that gasoline subsidies had to end because they were negatively…
HARDSHIP: EZE SAYS TINUBU WAS NEVER READY TO BE PRESIDENT
Prominent All Progressives Congress (APC) member Eze Chukwuemeka Eze has expressed his dissatisfaction with the explanations and diversion the presidency has provided on Nigeria’s increasing economic difficulties in a…
BREAKING: POLICE FIND THE BODY OF BARRISTER CHRIS AGIDY, NED NWOKO’S KIDNAPPED AIDE.
Babatunji Wusu – Barrister Chris Agidy was a Senior Legislative Aide (SLA) to Senator Ned Nwoko, a senator from Delta North, who was abducted by bandits in 2023. This was…
Recent Development: Tinubu Assigns NPC Commissioner and Oversees FEC
Babatunji Wusu – Olayinka Oladunjoye was sworn in as a federal commissioner by President Bola Tinubu, marking a key appointment to the National Population Commission (NPC). The ceremony was held…
FG MEETS WITH TUC AND NLC REGARDING NATIONWIDE PROTEST PLANS
Babatunji Wusu – The organized labor leadership and the federal government are currently meeting to discuss the planned nationwide protest that is scheduled for Tuesday and Wednesday. The Nigeria Labour…
ILORIN’S FIRE GUTS POPULAR SCHOOL
On Sunday, there was a fire outbreak at Tanke, Ilọrin South Local Government Area, Kwara State, at the Grace International School located on Awolowo Street near to the Kobiowu Mosque.When…
THE COURT SETS A NEW DATE TO DECIDE NNAMDI KANU’S BAIL REQUEST.
The leader of the Indigenous People of Biafra (IPOB), Nnamdi Kanu, has submitted a preliminary objection to the trial and a bail application. The Federal High Court in Abuja has…
