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Nigeria's Monetary Policy team opts for small rate hike at first meeting as inflation worsens

ABUJA, July 25 - Nigeria's central bank raised its main lending rate by a smaller-than-expected 25 basis points (NGCBIR=ECI) on Tuesday, saying it preferred a moderate increase to anchor inflation expectations while continuing to support investment. The decision to raise the bank's Monetary Policy Rate to 18.75% is the first since President Bola Tinubu suspended |
Gbenga Samuel Salau Samson Gbenga Salau Gbenga Salau Independence Hall Press Best News University Of Ibadan Student Union Transition Committee Faculty Of Arts Press Clubs

Emulate Taraba state govt's free education policy, FG told

An Abuja based youth leader, Comrade Agada Adaba has urged the Federal Government to emulate the free education policies of the Taraba State government, insisting that it is one of the palliatives parents craved for. He said given the hardship caused by the removal of fuel subsidy, it is counter productive that the FG has |
Samson Gbenga Salau Gbenga Samuel Salau Gbenga Salau University Of Ibadan Faculty Of Arts Press Clubs University Of Ibadan Student Union Transition Committee

Fuel subsidy: Be sensitive, reduce long convoys – Soludo tells Tinubu govs

Governor Charles Soludo of Anambra state, has counseled colleagues from other states to be sensitive and reduce long convoys, following the removal of fuel subsidy. In his words, “Hey gentlemen, we would need to be sensitive to the times; we need to live within the average of the people that we’re governing, and so on |
Gbenga Samuel Salau Gbenga Salau Samson Gbenga Salau University Of Ibadan Student Union Transition Committee University Of Ibadan Association Of Communication

Akpabio visits Alema of Warri, Natasha on son's birthday

Senate President Godswill Akpabio on Sunday visited Alema of Warri, Chief Emmanuel Uduaghan and his wife, Barr Natasha Akpoti-Uduaghan at their country home in the Maitama area of Abuja, to felicitate them on occasion of their son, Prince Reign-Emmanuel’s first birthday. Decked in blue attire, Akpabio, accompanied by eight other members of the 10th Senate, |
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You must justify your appointments, Gov Uba charges newly sworn-in PPS,KCT administrator

Kaduna State governor, Mallam Uba Sani, has charged the newly sworn-in Principal Private Secretary(PPS), Professor Bello Ayuba, and the Administrator of Kaduna Capital Territory (KCT), Samuel Aruwan, to justify their appointments and bring their experience to bear for the progress of the state. He made this known on Monday while swearing in the two top |
Samson Gbenga Salau Gbenga Samuel Salau Gbenga Salau Faculty Of Arts Press Clubs University Of Ibadan Independence Hall Press Best News

Your appointment should be based on merit and not on entitlement, El-rufai advise President Tinubu

The immediate past governor of Kaduna State, Nasir El-Rufai, has stated that Nigeria’s leadership should be based on merit and not on entitlement. El-Rufai said this at the launch of the autobiography and retirement programme of Professor Ishaq Akintola of Lagos State University (LASU) on Sunday. Akintola, who is also the founder of Muslim Rights |
Samson Gbenga Salau Gbenga Samuel Salau Gbenga Salau Faculty Of Arts Press Clubs Independence Hall Press Best News University Of Ibadan Student Union Transition Committee

Standard Chartered expects naira at N685/$ by June ending as Tinubu's neoliberal reforms speed up

Standard Chartered Bank sees the naira trading at N685 per US dollar by the end of June as Nigeria quickens the pace of implementing reforms needed to fix its foreign exchange market. “We now forecast USD-NGN at 685.00 at the end Q2-2023 (from 480 previously), rising to 720 in Q3-2023 (520 prior), before appreciating thereafter |
Gbenga Samuel Salau Samson Gbenga Salau Gbenga Salau University Of Ibadan Association Of Communication Faculty Of Arts Press Clubs

Passing bills to reverse C of O in Lagos state will destroy the fabrics of Nigeria's nationalism — Architect Ezem warns Tinubu's government

As reactions continue to trail the acceptance speech of the Speaker of the Lagos Parliament, Mudashiru Obasa, on the reversal of titles, a fellow of the Nigeria Institute of Architects, Mr Benson Ezem, has urged Obasa to support President Bola Tinubu in his move to unite an already divided nation by being a bridge for |
Gbenga Salau Samson Gbenga Salau Gbenga Samuel Salau Faculty Of Arts Press Clubs Independence Hall Press Best News Association Of Communication

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