CBN Set To Retain High Interest Rates To Curb Inflation — Cardoso

The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has maintained that the apex bank will keep interest rates high until inflation subsides by implementing orthodox policies. Cardoso made this known in an interview with the Financial Times. He said...

New Minimum Wage Reaches An Impasse As Labour Abandons Negotiations Over FG’s Proposal of N48,000

On Wednesday, the Nigeria Labour Congress and Trade Union Congress walked away from the minimum wage negotiation following the Federal Government’s offer of N48,000, which fell well short of the unions’ demand for N615,000 as the new national minimum wage. After leaving...

Dozens Kidnapped As Bandits Invade Village In Katsina

Reports indicate that a significant number of villagers, predominantly women and children, were abducted, and many others were left in a state of fear following an attack by heavily armed bandits in Yar-Malamai village, located in the Faskari Local Government Area...

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Six Hospitals Sealed In Oyo State For Hiring Unqualified Personnel

Six health facilities have been sealed by the Oyo State Government due to quackery. The state government stated that the affected facilities were sealed due to various offences, including the recruitment of unqualified personnel to provide medical services and engagement in illicit...

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Business

CBN Set To Retain High Interest Rates To Curb Inflation — Cardoso

The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has maintained that the apex bank will keep interest rates high until inflation subsides by implementing orthodox policies. Cardoso made this known in an interview with the Financial Times. He said...

GlaxoSmithKline To Cease Operations In Nigeria After 51 Years

A British pharmaceutical and biotechnology company, GlaxoSmithKline (GSK), has announced its plan to exit Nigeria after 51 years of operation in the country. In a statement by GSK Nigeria’s secretary, Fredrick Ichekwai, said the exit would be in the coming months. The...

FG, States, LG Receives #1.2trn From FAAC

A total of N1,149.816 trillion which came in as revenue in January 2024, has been disbursed by The Federation Account Allocation Committee (FAAC) to the federal government, states, and local government areas. The allocation, shared during the May 2024 FAAC meeting comprised...

Sport

Mbappe To Join Madrid Next Season

Mbappe is set to join a star-studded Madrid team led by Brazil’s Vinicius Junior and England international Jude Bellingham. The 25-year-old France captain announced last week he is leaving PSG...

Finidi George Appointed As Super Eagles Coach

Finidi George has been appointed as the new coach of the Super Eagles, Nigeria’s national football team. This was announced by The Nigeria Football Federation (NFF) on Monday in a...

Peseiro Quits As Super Eagles Coach

Jose Peseiro has confirmed he is no longer the coach of the Super Eagles of Nigeria. This comes following the expiration of his contract just after the recently concluded 2023...

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CBN Set To Retain High Interest Rates To Curb Inflation — Cardoso

The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has maintained that the apex bank will keep interest rates high until inflation subsides by implementing orthodox policies. Cardoso made this...

New Minimum Wage Reaches An Impasse As Labour Abandons Negotiations Over FG’s Proposal of N48,000

On Wednesday, the Nigeria Labour Congress and Trade Union Congress walked away from the minimum wage negotiation following the Federal Government’s offer of N48,000, which fell well short of the unions’...

Dozens Kidnapped As Bandits Invade Village In Katsina

Reports indicate that a significant number of villagers, predominantly women and children, were abducted, and many others were left in a state of fear following an attack by heavily armed bandits...

GlaxoSmithKline To Cease Operations In Nigeria After 51 Years

A British pharmaceutical and biotechnology company, GlaxoSmithKline (GSK), has announced its plan to exit Nigeria after 51 years of operation in the country. In a statement by GSK Nigeria’s secretary, Fredrick Ichekwai,...

EFCC Arrests Bobrisky For Currency Mutilation

Idris Okuneye, better known as Bobrisky, is a cross-dresser who was detained by the Economic and Financial Crimes Commission (EFCC) for currency mutilation and abuse of naira notes. In a phone conversation...

KWAM1’s Daughter Appointed As SSA By Sanwo-Olu

Basirat Damilola Marshall, the daughter of Fuji maestro King Wasiu Ayinde Marshall, popularly known as KWAM1, has been appointed by the Governor of Lagos State, Mr. Babajide Sanwo-Olu as his Senior...