It is expected that the size of ships that will be docking at the Lekki Deep Sea Port could be up to four times the size of vessels that currently berth at both Tin Can and Apapa ports. This was revealed by the Lagos state governor, Baba Jide Sanwo Olu […]
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Central Bank Of Nigeria Raises Monetary Policy Rate to 17.5%
Still on the Central Bank Of Nigeria, the apex bank has increased the Monetary Policy Rate, MPR by 100 basis points to 17.5% from 16.5%.He said that it was necessary to tighten its fiscal policy as previous increases have been yielding results with the slight drop in inflation . Following […]
Naira redesign: CBN deadline insensitive, spells doom for country’s economy – Experts
Stakeholders in Nigeria are still calling out the Central Bank Of Nigeria, CBN , to extend the January 31 deadline given for use of old naira notes. On Tuesday, the House of Representatives asked the CBN to extend the deadline by 6 months the deadline isn’t feasible , especially as […]
Group to NHRC: Publish report on alleged forced abortions on victims of insurgency
A group of women who go by the name, Nigerian Feminists, have demanded the National Human Rights Commission,NHRC to make known the findings on the alleged forced abortions on victims of insurgency. The women , Chioma Agwuegbo, Fadakemi Akinfaderin, Leena Hoffman, Ifeoma Ikwueme, Azeenarh Mohammed, Nana Nwachukwu, Lola Okolosie, Omolara […]
UNICEF Says That 75% of Nigerian Children Cannot Read Nor Solve Maths
The Representative called on all presidential candidates to include adequate investments in education as a top priority in their manifestos. To mark this year’s International Day of Education on Tuesday, Nigeria Representative of the United Nations International Children’s Emergency Fund , UNICEF , Cristian Munduate, said that 75% of children […]
Passengers Stranded, As NAHCo Suspends Operation At Lagos Airport
Scores of international passengers at the Murtala Muhammed International Airport in Lagos are stranded as ground handlers of the Nigerian Aviation Handling Company (NAHCO) embarked on industrial action on Monday. The protesting ground handlers are asking for increased salaries and other improved welfare conditions. NAHCO had reportedly gone to court […]
Petrol May Hit N800/liter On Subsidy Removal, Marketers Tells Nigerians
As the scarcity of the Premium of Motor Spirit, popularly called petrol, continued on Sunday, oil marketers have stated that the cost of the commodity would cross N800/liter once the subsidy on PMS is removed. Industry operators had repeatedly stated that the high cost of subsidy on petrol was a […]
2023: South-East Can’t Throw Away 24-Year Investment In PDP, Says Chidoka
A chieftain of the Peoples Democratic Party (PDP) Osita Chidoka says the South-East should back the party in the 2023 elections. While observers believe Labour Party’s Peter Obi who is from the region will disrupt PDP’s dominance in the South-East, the former Aviation Minister said it would be unwise for […]
Suspend Me And See The Repercussions, Wike Dares Ayu
Rivers State Governor, Nyesom Wike has dared the National Chairman of the Peoples Democratic Party (PDP), Senator Iyorchia Ayu to suspend the G-5 governors and see if the party would be able to withstand the storm that will follow. Speaking on Saturday, at the campaign flag-off rally of the State […]
Methodist Church Enthrones Nkechi Nwosu As First Female Bishop.
The Methodist Church of Nigeria, Archdiocese of Kaduna, on Sunday ordained Right Reverend Nkechi Nwosu as the church’s first female bishop. Right, Reverend Nkechi Nwosu was formally enthroned as the Bishop of Jos by the Archbishop of Kaduna, Most Reverend Joseph Nnonah at the Christ Methodist Cathedral Church in Jos, […]