UCH Workers Threaten Strike Over Power Cut

Medical and nonmedical workers of Nigeria’s premier teaching hospital, the University College Hospital (UCH), Ibadan on Wednesday threatened to down tools over lack of electricity in the expansive hospital complex. The Ibadan Electricity…

CBN Raises Interest Rate to 24.75%

The Central Bank of Nigeria (CBN), has announced the immediate increase of interest rate from 22.75% to 24.75%. The new raise amounts to 200 basis points. The new increase is an outcome of the Monetary Policy Committee…