CBN Raises MPR to 26.75%, Tightens Asymmetric Corridor To Further Curb Inflation
In its fourth consecutive hike since February, the CBN has increased the MPR by 50 basis points to 26.75%.
In its fourth consecutive hike since February, the CBN has increased the MPR by 50 basis points to 26.75%.
Nigeria’s parliament has passed a bill increasing the national minimum wage to N70,000, shortening the review period to three years.
The Murtala Muhammed Area Command has generated over N80 billion in customs duty, other charges between January and June 2024.
AfDB President Adesina has expressed concern over the Dangote-NMDPPRA squabble, urging protection of Dangote’s refinery investment for Nigeria’s benefit.
Nigeria is ready to localise the production of cutting-edge technologies, says Presidential Envoy on Climate Action, Ajuri Ngelale.
APC has accused Peter Obi of spreading “half truths” about Nigeria’s economy, calling his remarks hypocritical and misleading.
APC Chairman Ganduje has urged Nigerian students from less privileged backgrounds, to apply for the Students Education Loan Fund.
Eleven individuals have been convicted of treason by a Sierra Leonean court following what was described as an attempted coup.
Several protesters have been detained in Kampala during a rally against corruption in Uganda.
Arewa Coalition for Justice has kicked against the alleged cancellation of the N147bn contract for the rehabilitation of Katsina-Kankara-Dutsinma-Maraba road.
Shettima says Nigeria is ready to overtake the rest of the world in terms of economy and technology.
Unknown gunmen have reportedly kidnapped two wives of one man in Kwara State and have demanded N15 million.
Communication Minister Tijani has cited Nigeria’s readiness to leverage AI, highlighting youth engagement and commitment to ethical AI with UNESCO’s support.
Kano State Government, has commenced desilting of it’s 22 dams as part of the efforts to support dry season farming.
The former Chief whip of the senate, Ali Ndume, has called on President Bola Ahmed Tinubu, to address the planned nationwide protest over economic hardship using dialogue. Ndume gave the
Peter Obi’s lawyers have demanded N5 billion in damages from Bayo Onanuga for defamatory claims linking him to nationwide unrest.
Lawmakers have called for NMDPRA CEO Farouk Ahmed’s suspension while investigating his remarks about quality of diesel from Dangote Refinery.
Tinubu says he’s already addressing issues raised by disgruntled youths planning protests and promised to pay stipends to unemployed graduates.
US Secret Service director, Kimberly Cheatle, resigned Tuesday amidst backlash over security lapses during an attempted assassination of Donald Trump.
Ondo Governor Aiyedatiwa has sworn in three new special advisers, urging them to leverage their expertise for the Ondo’s growth.
© 2023 Arise News - Part of the Arise Media Group.