•As CBN reduces interest rate to 27% •External reserve hit $43bn •NECA demands reforms to ease cost of living crisis •CBN’s easing of credit conditions a welcome, timely intervention – CPPE By Emma Ujah, Abuja Bureau Chief, Peter Egwuatu,   Victor Ahiuma-Young & Yinka Kolawole ABUJA—Governor of the Central Bank of Nigeria, CBN, Yemi Cardoso, said yesterday […]

By Musa Ubandawaki, Sokoto SOKOTO:– The Chairman of the All Progressives Congress (APC) in Sokoto State, Alhaji Isa Sadiq Achida, has issued a blistering warning to what he described as political opportunists in the state, insisting that the era of exploiting Sokoto’s hospitality for selfish ambition is over. In a strongly worded statement made available […]

By Elizabeth Adegbesan The Naira yesterday appreciated to N1,518 per dollar in the parallel market from N1,520 per dollar on Monday. However, Naira depreciated to N1,493.2 per dollar in the Nigerian Foreign Exchange Market (NFEM). Data published by the Central Bank of Nigeria, CBN, showed that the exchange rate for the naira rose to N1,493.2 […]

By Dayo Johnson Akure—The Ondo State Police Command, has warned against jungle justice following the death of a young boy alleged to have been beaten to death, allegedly accused of plucking cocoa pods in Akungba-Akoko, Akoko South West Local Government Area of Ondo State. Vanguard gathered that the young boy was assaulted at Alumni quarters […]

By Esther Onyegbula The Lagos State Police Command said it will on Friday arraign a National Union of Road Transport Workers, NURTW, leader, Shamsideen Adio, popularly known as Shameleon, over the alleged killing of a dispatch rider in Lagos Island. Recalled that, Adio, 55, was arrested after he allegedly descended on the victim during a […]

By Johnbosco Agbakwuru THE Federal Inland Revenue Service, FIRS, yesterday defended the federal government’s borrowing plan, insisting that debt remained a legitimate component of every national budget. It also announcing that Personal Income Tax, PIT, and Company Income Tax, CIT, reforms would take effect from January. FIRS equally said federal revenue collection surged to N3.64 trillion […]

The West African states of Mali, Burkina Faso, and Niger have announced their withdrawal from the International Criminal Court, ICC, stating that they no longer recognise its jurisdiction.

By Ozioruva Aliu BENIN CITY – THE management of Ossiomo Power said it has got a court order restraining any interference with its businesses by ordering its estranged partner from entering its land and tampering with its facilities. The company also revealed that electricity generation and distribution is just one of the several other ventures […]

By Peter Duru, Makurdi The United Nations Children’s Fund, UNICEF, has commenced the training of budgeting personnel in the Benue State Ministries, Departments and Agencies, MDAs, to ensure result oriented and project centered budgeting in the state. The programme is executed in collaboration with the International Labour Organisation, ILO, funded by the European Union, EU, […]

The Cross River State government has disbursed N800 million in grants to 200 former members of the defunct Bakassi Defence Force and 200 farmers, giving each beneficiary N2 million as start-up capital to stimulate economic growth and development.