By Ossom Raphael The Central Bank of Nigeria (CBN) on Tuesday raised its main lending rate by 150 basis points to 15.50%, its highest level yet and more than forecast, forging ahead with efforts to rein in inflation and ease pressure on the currency. The lending rate decision comes after annual inflation rose for a...
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* Hon.Mrs Yetunde Arobieke Says this is one of Sanwo-Olu administration efforts to transform youths financially in the state . Lagos State Government, in collaboration with Stanbic IBTC Bank, has empowered hundreds of unemployed youths with Point of Sales (POS) machines, just as it restated its determination to alleviate the challenges faced by the...
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The Senate on Tuesday passed an amendment Bill which provides for an increase in the number of Justices of the Court of Appeal justices from 90 to 110. The Senate gave the approval after it considered and adopted the report of its Committee on Judiciary, Human Rights and Legal Matters on the Court of Appeal...
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By Festus Fifen The Presidency on Tuesday replied Ondo state governor Arakunrin Rotimi Akeredolu on his resolve to procure AK-47 Riffles for men of Amotekun a regional security outfit in the south western part of Nigeria that no state is allowed to carry automatic weapons in Nigeria According to a statement by the senior special...
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By Festus Fifen. As the Nigeria Federal Capital Continues to witness the rapid influx of people which has resulted in sporadic developments especially in satellite towns, the Federal Capital Territory Administration Executive Committee (EXCO) on Monday approved the establishment of ‘FCT Regional Development Offices’ in the six Area Councils of the Territory to monitor and...
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As the governing body of the Nigeria Football Federation, NFF, Friday in Benin City, Edo state, sets for it’s elective Congress, the Chairman of Chairmen and NFF Presidential hopeful , Alhaji Ibrahim Musa Gusau has vowed to prioritize the NPFL, NNL, NLO and the NWFL. Gusau one of the Frontliner vying for the NFF...
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… Bags Seven Awards Lagos State Government outshined other States of the Federation to emerge as the best overall State in Digital Infrastructure for Development in Nigeria, winning seven awards at the 6th edition of the annual Tech Innovation Awards formerly called Nigeria Tech Innovation and Telecom Awards (NTITA). The Commissioner for Science and...
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…Says LASG has consistently increased budgetary allocation, efficiency in healthcare Lagos State Governor, Mr. Babajide Sanwo-Olu, has appealed to world leaders, global think-tank and public office holders to work towards building a sustainable healthcare system for all and facilitate access for the poor and under-served. Speaking on “Universal Health Coverage in Nigeria: Optimizing Institutional...
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From our fact checks….. It is absolutely impossible for WhatsApp to have such a feature of allowing government institutions to monitors people’s chats because WhatsApp is end-to-end encrypted. When so, nobody, government nor even WhatsApp can read any messages. Finally, as many uses WhatsApp as a breeding ground of misinformation and disinformation, the company has...
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His Royal Majesty, Ogiame Atuwatse III has perfected plan again to celebrate the quarterly cultural diversity within his domain tomorrow Saturday 24th September while the most anticipated Olu of Warri Tech Challenge winner will receive the cash Prize of One million naira only (#1,000,000) on October 1st marking Nigeria independent day. Ogiame Atuwatse III...
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