The Central Bank of Nigeria (CBN) and its Monetary Policy Committee (MPC), led by its governor Yemi Cadaso has raised the interest rate to 26.25 percent in the struggle to combat the deteriorating inflationary trends. Previously Nigeria’s interest rate stood at 24.75 percent before the baseline lending rate was increased by 150 basis points to 26.25 per cent. The … [Read more...] about Interest rate 26.25%, Inflation 33.69%: ‘There is no magic wand’ – Yemi Cadaso
Where Is President Tinubu Driving The Economy? By Pius Okaneme
The president seems to be driving a raggedy vehicle like the yellow buses plying the roads in Lagos State that appear to have a freewheeling steering. He seems to be sailing smoothly on a sunny day as he is making policies with potential for economic advancement like the increasing of the federal government allocation to the States. His gear gets stuck within a blink of the eye … [Read more...] about Where Is President Tinubu Driving The Economy? By Pius Okaneme
Chinese citizens convicted and jailed in Nigeria for illegal mining
Two Chinese citizens, Duan Ya Hong and Xiao Yi were convicted and jailed in Ilorin, Kwara State, Nigeria by Federal High Court sitting in Ilorin, for illegal mining in the state. Economic and Financial Crimes Commission (EFCC) arraigned the two Chinese citizens together with their company Ebuy Concept Limited before Justice Evelyn Anyadike, on one-count … [Read more...] about Chinese citizens convicted and jailed in Nigeria for illegal mining
“THANK YOU NIGERIA” – Statement from Duke & Duchess of Sussex
"Prince Harry and Meghan, The Duke and Duchess of Sussex concluded their unforgettable trip to Nigeria with a cultural reception in Lagos and a polo match fundraiser for Nigeria: Unconquered. The couple was greeted with a beautiful pre-game parade – a vibrant display of young enthusiasts in polo gear, proudly waving the green and white flags of Nigeria – followed by a … [Read more...] about “THANK YOU NIGERIA” – Statement from Duke & Duchess of Sussex
Nigeria Trip: Duke and Dutch of Sussex @ Lagos Polo Game
“The royal couple spent the afternoon at Lagos Polo Club for a reception celebrating Nigeria: Unconquered, the charity that helps support wounded veterans from the country on their quest to make it to the Invictus Games. Meghan wore a dress by Johanna Ortiz and a pair of familiar Heidi Merrick sunglasses and Harry wore a dark suit. Together, the pair watched a polo match … [Read more...] about Nigeria Trip: Duke and Dutch of Sussex @ Lagos Polo Game