The Monetary Policy Committee of the Central Bank Of Nigeria has raised the interest rate benchmark to 26.25%, in an effort to combat rising inflation. The decision was made after a two-day meeting, and is expected to have a significant impact on the economy. The CBN governor, Dr. Olayemi Cardoso, […]
Nigeria
Chief Judge of Nigeria Says Salary Increase Is Crucial For Judicial Officers
Chief Justice of Nigeria, Olukayode Ariwoola, has warned that Nigerians will suffer if judges are not well-paid. Speaking at a Senate hearing, Ariwoola, represented by Borno’s Chief Judge Kashim Zannah, emphasized that increasing judges’ salaries is crucial for justice. He compared the judiciary’s financial situation to a patient in critical […]
Anambra State Police Command Arrests Officer Who Assaulted A Tricycle Operator
The Anambra State Police Command has arrested a policeman seen in a viral video using his AK-47 rifle to beat a tricycle operator. Following public outrage, police spokesperson SP Tochukwu Ikenga confirmed the arrest and stated that the officer is being questioned. He said that the Commissioner of Police, CP […]
Work Together For Rivers’ Development, Jonathan Tells Fubara, Wike
Former President Goodluck Jonathan has called for a truce in the Rivers State political crisis while urging the state governor, Siminalayi Fubara and the Minister of Federal Capital Territory, Nyesom Wike, to work together. Jonathan said this on Monday during the unveiling of the Trans-Kalabari Road in the state. The […]
Court Dismisses Nnamdi Kanu’s Fresh Bail Request, Removal From DSS Custody
Justice Binta Nyako of the Federal High Court in Abuja, has dismissed the request by the detained leader of the Biafra nation agitators, Nnamdi Kanu, for the restoration of his revoked bail and the removal from the custody of the Department of State Services (DSS), to a house arrest or […]
Lagos fire incidents claim 82 lives, destroy properties worth N25bn.
The Lagos State Government has disclosed that 82 lives were lost and property damage amounting to N25.37bn to tragic fire incidents between May 2023 and 2024. Speaking at the Bagauda Kaltho Press Centre, Lagos State Secretariat, the Commissioner for Special Duties and Intergovernmental Relations, Mr Olugbenga Oyerinde, stated this on […]
Labour issues two-week ultimatum to defaulting states
The Organised Labour comprising the Nigeria Labour Congress (NLC) and Trade Union Congress (TUC) has reiterated its May 31, 2024 ultimatum to the Federal Government to meet all of its demands which includes implementation of a new national minimum wage and reversal of the hike in electricity tariff. This followed […]
Four in court over alleged kidnap, murder of Anambra monarch.
Four persons are standing trial before an Onitsha High Court Number 1 sitting in Onitsha, Anambra State over their alleged involvement in the kidnap and murder of the traditional ruler of Ogwuaniocha community in Ogbaru Local Government Area of Anambra State, Igwe Oliver Nnaji. The four accused persons are Onyebuchi […]
Federal Government Says Transfer of electricity regulatory oversight to states To continue.
The Federal Government has reversed its decision to halt the transfer of electricity regulatory oversight to state governments. The Minister of Power, Adebayo Adelabu, disclosed this on Monday during a two-day stakeholders workshop focused on the implementation of the Electricity Act, organised by the Nigerian Electricity Regulatory Commission in Lagos. […]
Labour agrees to attend Tuesday’s talks over Minimum Wage issues.
The Organised Labour has agreed to attend the negotiation meeting of the Tripartite Committee on the Minimum Wage slated for Tuesday. The Vice President of the Trade Union Congress, Mr Etim Okon, confirmed this in an interview today in Abuja. The Nigeria Labour Congress and the TUC had walked out […]