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Read more about the article Senate Targets Six-Year Single Tenure For CBN Govs, Limits Ways, Means Borrowing
Don't Miss / Economy & Business / Editor's Pick / News / Newsbeat / Politics

Senate Targets Six-Year Single Tenure For CBN Govs, Limits Ways, Means Borrowing

The Senate on Tuesday proposed a six-year single term for the Governor and Deputy Governors of the Central Bank of Nigeria (CBN). The Red Chamber also sought to limit amount…

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February 28, 2024
Read more about the article Dangote, PH Refineries Face Crude Shortage Over Low Production – FG
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Dangote, PH Refineries Face Crude Shortage Over Low Production – FG

The Minister of State Petroleum Resources (Oil), Heineken Lokpobiri, has said the newly inaugurated Dangote Petrochemical Refinery, Port Harcourt Refinery, Warri Refinery and modular refineries in the country may not…

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February 28, 2024
Read more about the article Reps Threaten CBN Gov’s Arrest Over REMITA Leakages
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Reps Threaten CBN Gov’s Arrest Over REMITA Leakages

The House of Representatives Public Accounts Committee, on Tuesday, summoned the Governor of the Central Bank of Nigeria, Olayemi Cardoso, to unfailingly appear before it on March 5, 2024 over…

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February 28, 2024
Read more about the article Without Unity, Insecurity Won’t End Says Ambode
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Without Unity, Insecurity Won’t End Says Ambode

A former governor of Lagos State, Akinwunmi Ambode, has warned that without unity among Nigerians, insecurity will not end. Ambode spoke at the Akinjide Adeosun Foundation’s 2024 Leadership Colloquium and…

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February 28, 2024
Read more about the article Interest Rate Hike: Private Sector, Economists Foresee Fresh Job Losses, Recession
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Interest Rate Hike: Private Sector, Economists Foresee Fresh Job Losses, Recession

The Monetary Policy Committee of the Central Bank of Nigeria has voted to increase the benchmark interest rate by 400 basis points to a record 22.75 per cent. The MPR…

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February 28, 2024
Read more about the article FG Completes $700m Gas Pipeline In March After Eight Years
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FG Completes $700m Gas Pipeline In March After Eight Years

The Federal Government, on Tuesday, announced that the $700m Obiafu/Obrikom/Oben gas pipeline, popularly called OB3, would be completed in March 2024, a project that commenced in 2016. It announced this…

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February 28, 2024
Read more about the article Intelligence: Police Nab Second Wanted FCT Kidnapper
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Intelligence: Police Nab Second Wanted FCT Kidnapper

Operatives of the Federal Capital Territory Police Command have arrested Samaila Fafa, also known as Habu Ibrahim, the second of two wanted kidnappers on whom the FCT Minister, Nyesom Wike,…

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February 28, 2024
Read more about the article BREAKING: NLC Suspends Nationwide Street Protest, Extends Ultimatum To FG
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BREAKING: NLC Suspends Nationwide Street Protest, Extends Ultimatum To FG

The Nigeria Labour Congress (NLC) has suspended its two-day nationwide street protest. In a communique issued Tuesday night at the end of its National Executive Council meeting, the union posited…

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February 27, 2024
Read more about the article Huge Surprise As Police Distribute Biscuits, Water To NLC Protesters In Lagos 
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Huge Surprise As Police Distribute Biscuits, Water To NLC Protesters In Lagos 

The Police Commissioner in Lagos State, Mr Adegoke Fayoade, said the command provided water and biscuits for protesters so as to avoid anyone collapsing on the way. Fayoade spoke with…

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February 27, 2024
Read more about the article Interest Rate High Again: CBN Raises Interest Rate To 22.75%
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Interest Rate High Again: CBN Raises Interest Rate To 22.75%

The Monetary Policy Committee of the Central Bank of Nigeria has increased the benchmark interest rate by 400 basis points to a record 22.75%. The CBN Governor, Olayemi Cardoso, disclosed…

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February 27, 2024
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