BY GODWIN OBI The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has voted unanimously to raise the Monetary Policy Rate (MPR) to 13 per cent. CBN Governor, Godwin Emefiele, announced this on Tuesday while briefing reporters at the end committee’s meeting at the apex bank’s headquartersContinue Reading
BY GODWIN OBI Gunmen have killed at least 12 people, including a pregnant woman and her four children in Anambra State, the BBC reported on Tuesday. The State Governor, Charles Soludo and the police have reacted to the killings but did not specify the number of persons killed. A communityContinue Reading
BY GODWIN OBI Director General of the Nigerian Maritime Administration and Safety Agency, Dr Bashir Jamoh has restated the Agency’s commitment to ensuring effective pollution prevention and control in the Nigerian Maritime domain in order to continue to create an enabling environment for the sector to thrive. Dr Jamoh who made thisContinue Reading
BY GODWIN OBI The African Development Bank (AfDB) has approved a $1.5 billion emergency programme to alleviate the impact of worsening food insecurity due to the Ukraine war, its director said on Monday. About 20 million farmers on the continent will benefit from the fund as Africa faces a shortage of atContinue Reading
BY GODWIN OBI President Muhammadu Buhari has re-echoed his government’s resolve to restore peace to every part of the country. Buhari said this on Monday during the 58th anniversary of the Nigerian Air Force (NAF) held at the NAF base in Kano. “This government would not rest until peace andContinue Reading
BY GODWIN OBI The National Industrial Court sitting in Lagos has ordered the Central Bank of Nigeria (CBN) and the Nigeria Deposit Insurance Corporation (NDIC) to pay over N5.7bn terminal benefits to over 1,000 bank workers affected by the re-capitalisation exercise of 2006. The money is to be paid withinContinue Reading
BY GODWIN OBI Dr Bashir Jamoh, Director General of Nigerian Maritime Administration and Safety Agency (NIMASA) has described the Public Sector Maritime Icon Award given to him by Vanguard Newspaper as a challenge to selflessly work harder in the interest of Nigeria and humanity. Dr. Jamoh who commended Vanguard MediaContinue Reading
BY GODWIN OBI The leader of the proscribed Indigenous People of Biafra, (IPOB), Nnamdi Kanu, was on Wednesday, denied bail by a Federal High court in Abuja after prosecutors had withdrawn fresh amended charges against him The FG had in the amended charges, listed some lawyers representing the embattled Kanu,Continue Reading
BY GODWIN OBI Bandits attacked commuters along the Abuja-Kaduna highway on Tuesday and abducted an unspecified number of travellers. The spokesman of the Kaduna Police Command Mohammed Jalige told Frontline Reporters that the bandits had about 4: 20 pm blocked the Audu Ogbe portion of the Highway, near Katari village.Continue Reading
BY GODWIN OBI This is according to the Commission’s spokesperson Wilson Uwajaren who confirmed it to Channels Television. The former NDDC boss was the All Progressives Congress (APC) governorship candidate for Akwa Ibom in the 2019 elections. He also lost the People’s Democratic Party (PDP) gubernatorial primary election to GovernorContinue Reading