The Monetary Policy Committee of the Central Bank of Nigeria, on Wednesday, unanimously voted to increase its monetary policy interest rates by 50 basis points to 18.5 per cent. The CBN Governor, Godwin Emefiele, disclosed this while reading the communiqué of the third MPC meeting of the year on Wednesday. Addressing journalists at the end […]

THE Governor of Cross River State, Ben Ayade, on Wednesday, inaugurated a Teachers Continuous Training Institute in the Biase Local Government Area of the state. The institute, which, according to a Wednesday statement, is one of the legacy projects of the Ayade administration, was set up to train and retrain teachers. Speaking during the unveiling, […]

The Speaker of the House of Representatives, Femi Gbajabiamila, and the Deputy Speaker, Ahmed Wase, clashed in the chamber during the plenary on Wednesday. Gbajabiamila had reportedly recommended Tajudeen Abbas and Benjamin Kalu for Speaker and Deputy Speaker of the coming 10th House, leading to their endorsement by the ruling All Progressives Congress. Wase, who […]

Chevron Nigeria Limited has reiterated its commitment to the socio-economic development of its host and neighbouring communities. The  General Manager, Policy, Government and Public Affairs, Chevron, Esimaje Brikinn, gave the assurance on Wednesday in reaction to a recent protest by some members of the Ugborodo community in Delta State. According to the statement, the protesters […]

Seven members of the National Youths Service Corps who were kidnapped on their way to Port Harcourt, Rivers State, from the NYSC orientation camp in Ondo State have regained their freedom after spending one week in captivity. Recall that a family member of one of the kidnapped corps members had reported to a popular radio […]

Lagos State Governor, Babajide Sanwo-Olu, has pledged his administration’s commitment to the transportation sector to save important man-hours and make life more meaningful for commuters. Sanwo-Olu stated this at the inauguration of the rehabilitated MBA-Cardoso Road in Ajeromi Ifelodun Local Government Area, Lagos on Wednesday. The inauguration was part of activities to indicate the governor’s […]

The Lagos State Safety Commission, on Wednesday, trained 60 officials of the Lagos State University in workplace safety. The one-day training held at LASU main campus, Ojo, had as its theme, ‘Lagos State: Training and injection of safety, health and fire marshals in Lagos State University campuses.’ The Vice Chancellor of LASU, Prof Ibiyemi Olatunji-Bello, […]

Nigerian shipowners have revealed that they are spending between $15m and $20m each year on repairing their ships abroad, despite the Nigerian Maritime Administration and Safety Agency’s (NIMASA) acquisition of a N50bn floating dock. Mr Aminu Umar, President of the Nigerian Chamber of Shipping, told our correspondent in Lagos recently that ship repairs have been […]

As the race for leadership of 10th National Assembly gathers momentum, the senator-elect for Imo West Senatorial District, Osita Izunaso, has been tipped to become the next Senate President. The prediction was the result of an opinion poll conducted by an online media outfit of the All Progressives Congress under the aegis of the APC […]

The Group Chairman of United Bank for Africa, Tony Elumelu, and some other top business experts on Wednesday led discussions on ways to discover Africa’s economic potential to celebrate this year’s Africa Day. According to a statement, panellists who spoke at the meeting agreed that the time had come for the rich potential of the […]