CBN moves to curb inflation as interest rate jumps to 16.5%

Presents new naira notes to Buhari today Standing deposit at 17.5% shows inflation rate manipulated, says expert Raising of interest rate from 15.5 per cent to 16.5 per cent, translating to the standing deposit rate hitting 17.5 per cent, shows inflation rate might be manipulated, the Chief Executive Officer of Dairy Hills Limited, Kelvin Emmanuel, […]

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Coups: U.S. excludes Sudan, Mali, others from Africa Leaders’ Summit

United States flag (Survivor) @Twitter.” (Photo by Emmanuel Dunad/AFP) 45 leaders confirm attendance Forty-five African heads of state and government have confirmed attendance at the U.S. Africa Leaders’ Summit, held in Washington D.C. next month. United States President, Joseph Biden, had extended an invitation to 49 African leaders. Dana Banks, the Special Assistant to the […]

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Oil drilling begins in Gombe, Bauchi with 1b barrels oil, 500bscf gas

First Oil Drilling In Northern Nigeria… Chief Upstream Investment Officer (CUIO), NNPC Upstream Investment Management Services (NUIMS), Mr. Bala Wunti (left); Group Chief Executive Officer, Nigerian National Petroleum Company, Mr. Mele Kyari; Gombe State Governor, Muhammad Inuwa Yahaya; President Muhammadu Buhari and presidential candidate of the All Progressives Congress, Bola Tinubu, at the ground-breaking ceremony […]

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Atiku tells CAN: I believe in your strategy document

PDP Presidential Candidate, Alhaji Atiku Abubakar; President, Christian Association of Nigeria (CAN), Most Rev. Daniel Okoh; and Atiku’s Running Mate, Dr Ifeanyi Okowa Presidential candidate of the Peoples Democratic Party, Atiku Abubakar, has told the leadership of the Christian Association of Nigeria (CAN) that he believes totally in the strategy document of the religious body. The […]

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‘Trust deficit, confidence issues aggravating Nigeria’s economic woes’

A woman takes Nigerian Naira from a bank’s automated teller machine (ATM). Credit: Reuters/Akintunde Akinleye Cases of fiscal mismanagement leading to high levels of trust deficit and lack of confidence in public institutions have been identified as factors limiting Nigeria’s potential and aggravating its economic woes. Economists believe that the inability of most Nigerians to […]

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Fake news may jeopardise 2023 elections, FG warns

Says investigation on Kuje prison attack concluded Plans ongoing to open more passport centres nationwide Federal Government has raised the alarm over what it called an “increasing resort to fake news and disinformation by a section of the media,” warning that this portends a serious threat to the success of the 2023 general elections. Minister […]

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Ekiti assembly: Peace takes flight as two speakers emerge in one week

The principle of Separation of Powers provides that the three arms of government would function interdependently and act as checks and balances to one another, to frustrate arbitrariness. This governance principle propounded by John Montesquieu, is observed in the breach at the states level. The Legislature and the Judiciary are like mere appendages of the […]

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Obi: In 2023, we need a competent and fit leader

‘I can’t predict my supporters’ reaction if I lose’ ‘I didn’t offer Kwankwaso N40b to step down for me’ Presidential candidate of the Labour Party (LP), Mr Peter Obi, yesterday, declined comments on the possibility of conceding defeat, if the outcome of next year’s election went contrary to his expectation. He also declared that he […]

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