CBN tightens money supply, raises MPR to 12%
In a bid to tighten money supply in response to the sharp increase in inflation in February, the Central Bank of Nigeria (CBN) Tuesday raised its Monetary Policy Rate (MPR) to 12 percent from 11 percent.
IPOB asks Igbo to stop eating Fulani cows
The Indigenous People of Biafra, IPOB, has asked Igbo to boycott Fulani cattle to avoid cases whereby Fulani herdsmen would infiltrate their towns and villages to kill them and rape their women.
16-year-old schoolgirl charged for financing ISIS
A 16-year-old schoolgirl was set to be charged Tuesday with raising money to support the Islamic State group, Australian police said, warning of a “trend of teenage children” involved in such activities.
Pentecostal Churches against Kaduna Religious bill
The Kaduna State Religious Bill now before the consideration of Kaduna State House of Assembly has attracted the anger of the Pentecostal Fellowship of Nigeria, PFN, who dismissed the executive bill as anti-Christianity
Oil above $41 as OPEC predicts ‘moderate’ rebound
Oil prices resumed their rise in Asia on Tuesday, staying above $41 a barrel, as OPEC raised hopes of a moderate rebound and announced a meeting of key producers in April.
Dangote tomato company begins test production in Kano
The newly-established Dangote Tomato Processing Factory in Kadawa, Kano State has the capacity to process 120 tonnes of fresh tomatoes per day at full capacity, an official has said.
