The Central Bank of Nigeria has again postponed the meeting of its monetary policy committee, despite the surge in inflation.A report by Bloomberg on Monday, which quoted the CBN’s Director of Corporate Communications, Dr. Isa Abdulmumin, said, “MPC is not holding” a meeting this week in a text message response.The
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Bandits have again attacked Zamfara community, killed a mobile policeman attached to the Maru Police Division, and also abducted the wife of the district head at Ruwan Doruwa in the Mari local government area.The bandits also abducted 14 people in the community.Although the police authorities in the state were yet
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The Colleges of Education Academic Staff Union (COEASU) has kicked against the proposed deduction of 40 percent of revenues generated by tertiary institutions.A memo addressed to the heads of universities by the government recently showed that with effect from November, 40 percent of revenues generated internally by the institutions will be
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The Supreme Court has fixed March 13, 2024, to hear a suit filed 15 years ago by the attorney-general of Lagos State against the federal government over who controls and regulates the gaming and lottery sectors.Ekiti State was joined as a co-plaintiff in the suit following an order of the
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The House of Representatives has placed the National Lottery Trust Fund on a status inquiry for spending 100 percent of its internally generated revenue (IGR).Consequently, the parliament will appoint an external auditor to audit all the accounts of the Fund and submit the report to the House for further action.The
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The Governor of Yobe State, Mai Mala Buni, narrowly escaped death on Saturday evening when suspected Boko Haram fighters ambushed his security convoy, killing one policeman and injuring six others, along the Jakana-Mainok expressway in Borno State.It was learned that the security team was on the convoy that escorted the
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Israel, the United States, and Hamas have reached a tentative agreement to free dozens of women and children held hostage in Gaza in exchange for a five-day pause in fighting, the Washington Post reported on Saturday, citing people familiar with the deal.As part of the detailed, six-page agreement, all parties
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MTN Nigeria has announced plans to review its tower contracts to drive efficiency and ensure optimal performance from vendors. It has even awarded about 2.5k network sites that were initially under the IHS portfolio to ATC.Recall that IHS currently has 14.6k sites (80 percent) as opposed to ATC’s 2.3k (13
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The Nigerian Bar Association (NBA) has condemned the removal of the Chief Judge of Osun, Justice Adepele Ojo, by Gov. Ademola Adeleke.The NBA said in a statement issued on Saturday by its National Publicity Secretary, Mr. Akorede Lawal, that it will not recognise Justice Olayinka Afolabi, the acting chief judge
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Socio-Economic Rights and Accountability Project (SERAP), BudgIT and 34 concerned Nigerians have filed a lawsuit against President Bola Tinubu over “the appointment of at least four members of the All Progressives Congress (APC) and allies of high-ranking politicians as new Resident Electoral Commissioners (RECs) for the Independent National Electoral Commission
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