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ECONOMY
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…
Kalu Meet WTO DG, Pushes for Expansion of Nigerian Exports
The Deputy Speaker of the House of Representatives, Hon. Benjamin Okezie Kalu has solicited the cooperative efforts of the World Trade Organization (WTO) in boosting the exportation of primary products from Nigeria and Africa in…
NASS Seeks Collaboration With WTO On Improving Nig Economy
Nigeria's delegation to the on-going 148th Assembly of the Inter-Parliamentary Union (IPU), led by the President of the Senate, Godswill Akpabio, has sought the collaboration of the World Trade Organisation (WTO) in the area of…
Why Ndi Igbo Must Defend Tinubu’s Govt – Kalu
The Deputy Speaker of the House of Representatives, Hon. Benjamin Okezie Kalu has urged the people of the south east to defend and support the administration of President Bola Ahmed Tinubu for giving them a sense of…
CBN Still Holding our $700million – Foreign Airlines
Foreign Airlines operating in Nigeria have refuted claims by the Governor of the Central Bank of Nigeria (CBN) that all outstanding forex claims have been settled.
The CBN on Wednesday announced that all outstanding forex amounting to…
Senate Confirms Gbenga Alade as AMCON MD, 3 Other Directors
The Senate has confirmed on Tuesday confirmed Mr. Gbenga Alade as Managing Director of the Asset Management Company of Nigeria (AMCON).
The confirmation of Alade follows his earlier nomination by President Bola Tinubu alongside three…
CSO Condemns Attempts to Undermine Legislative Oversight Amid Budget Controversy
In the wake of escalating tensions surrounding allegations of budget padding within the National Assembly, the Save Nigeria Forum (SNF), a prominent Civil Society Organization (CSO) dedicated to promoting good governance and…
Fire Guts Sokoto Central Market
The Sokoto Central market was on Monday morning gutted by fire which destroyed a section of the expansive market.
An eyewitness who spoke to journalists said that the fire started from a dumpsite very close to the market.
Reacting to the…
NASS Didn’t Pad 2024 Budget- Budget &National Planning Minister
The Minister of Budget and Economic Planning, Sen. Atiku Bagudu, has clarified that the National Assembly did not violate any laws with the new insertions in the 2024 national budget.
Bagudu stated this during a…
Reps ‘ll Finetune Laws to Encourage More Direct Foreign Investments- Kalu
The Deputy Speaker of the House Representatives, Hon. Benjamin Okezie Kalu has asserted the readiness of the parliament to amend the extant laws to give more confidence in investors and allow for direct foreign investments.
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