The Central Bank of Nigeria on Tuesday increasd its benchmark lending rate to 18 per cent in an aggressive push to contain the nation’s inflationary pressure.In January, the CBN Monetary Policy Committee (MPC) raised its benchmark lending rate from 16.5 per cent to 17.5 per cent in a sustained push
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What Nigerians have witnessed in the February 25 presidential and National Assembly elections and the March 18 governorship and state House of Assembly election was not an election in the true sense of the word. It was a war declared against the people of Nigeria by the ruling All Progressives
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President Xi Jinping of China has arrived Kremlin in Moscow, met with Russian President Vladimir Putin.According to a statement on Tuesday by the Ministry of Foreign Affairs of China, when President Xi reached the Kremlin, he was greeted by the Kremlin Commandant at the alighting point.The ministry said President Putin
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Peter Obi, presidential candidate of the Labour Party for the February 25 election has filed a petition at the presidential election petition tribunal challenging the declaration of Bola Tinubu of the All Progressives Congress (APC) as winner of the election.Dr Yunusa Tanko, Chief Spokesperson of Labour Party presidential campaign council
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The United Nations Children Fund (UNICEF) has reported that 78 million children in Nigeria are at high risk from a convergence of three water-related threats, arising from inadequate water, sanitation and hygiene (WASH) and climate hazards.Consequently, the global agency charged government to urgently address the water crisis in Nigeria.UNICEF Nigeria
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The European Union Election Observation Mission (EU EOM) to Nigeria has lamented the pervasive violence in the country during last Saturday’s governorship and Houses of Assembly elections. EU EOM stated that 21 persons were reported to have died across the country in various forms of election-related violence.EU EOM Chief Observer,
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The Economic and Financial Crimes Commission (EFCC) has arrested four top officials of the Nigeria Civil Aviation Authority (NCAA) over alleged N2 billion fraud.It was learnt that the arrested officials include Bilkisu Adamu Sani (Director, Finance and Accounts), Hart Benson Fimienye (Deputy General Manager, Treasury), Obene Jenbarimiema Turniel (Deputy General
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The Joint Admissions and Matriculation Board (JAMB) has resumed the suspended 2023 Direct Entry (DE) registration exercise.The Board has also released a new guideline for the DE registration to checkmate the alleged use of fake A Level certificates by candidates to secure admission to universities.Registrar of JAMB, Professor Is-haq Oloyede,
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A grandmother, identified as lforiti, has allegedly set her son, wife and two grandchildren ablaze in Apomu community, Akure, the Ondo state capital.Sources said that the grandmother, who resides with his son in the same house, sets ablaze and complained that they starved her of food.She reportedly set the house
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The Independent National Electoral Commission (INEC) has declared the candidate of the All Progressives Congress (APC), Uba Sani, as the winner of the March 18, gubernatorial election in Kaduna State.INEC Returning Officer for Kaduna State and Vice Chancellor of the Usman Dan Fodio University, Sokoto, Professor Lawal Suleiman Bilbis, declared
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