CBN to hold its first MPC under the new Governor on February 26

The Central Bank of Nigeria CBN, says its Monetary Policy Committee MPC will hold its first meeting under the tenure of Mr Olayemi Cardoso as Governor, on Monday February 26 and Tuesday February 27, 2024. The announcement follows a two-day strategic session for MPC members ahead of the meeting. A calendar of MPC meetings for […]

President Tinubu calls for global tax system review

President Bola Tinubu, says developing counties need equitable access to capital, as this would provide the much-needed resources for development. The president who was represented by the Minister of Budget and Economic Planning, Abubakar Bagudu, spoke at the 19 th summit of heads of State and Government of the Non-Aligned Movement in Kampala Uganda, where […]

Florida Governor quits Presidential race, backs Trump

Florida Governor, Ron DeSantis has dropped out of the 2024 US presidential race, and endorsed Donald Trump. The surprise announcement came ahead of this week’s New Hampshire Republican primary, where Mr DeSantis was polling in the single digits. DeSantics said he did not have a clear path to victory, despite being considered a strong contender […]

Israel’s Netanyahu Reiterates Rejection Of Palestinian State After Gaza war

Israeli Prime Minister Benjamin Netanyahu has told the United States that he opposes the establishment of a Palestinian state as part of any post-war scenario, underscoring divisions between the allies threemonths into Israel’s relentless military assault on Gaza. In a nationally broadcast news conference on Thursday, Netanyahu pledged to press ahead with the offensive until […]

Nigeria earn crucial win over host Cote D’Ivoire in AFCON 2023

The Super Eagles of Nigeria have boosted their chances in this year’s African Cup of Nations following a 1-0 win over host nation Ivory Coast. Defender William Troost-Ekong gave the Nigerian team the win from the penalty spot after striker Victor Osimhen was struck by an Ivorian defender in the penalty box. Nigeria is now […]

US Congress speedily backs new funding before government shutdown

The US Congress has passed legislation to fund the government through early March, avoiding a partial government shutdown on Saturday. The House of Representatives passed the short-term funding measure by a vote of 314 to 108, about two hours after the Senate passed it by a vote off 77 to 18, despite political tensions. Democrats […]

President Bola Tinubu meets with members of the SCSN at Abuja

President Bola Ahmed Tinubu met yesterday with members of the Supreme Council for Sharia in Nigeria (SCSN) at the State House, Abuja. The meeting between the president and council is coming just about 48 hours after the President of SCSN, Sheikh Abdur-Rasheed Hadiyyatullah, expressed regrets for supporting the Tinubu-Shettima same-faith ticket last year. Speaking with […]

Court Grants former CBN governor Godwin Emefiele Permission to Travel Out of Abuja

The Federal Capital Territory High Court has granted the immediate past Governor of the Central Bank, Godwin Emefiele’s request to travel out of the Abuja. Justice Hamza Muazu who handed the ruling however said Emefiele must however remain in the country. The Counsel to the Economic and Financial Crime Commission (EFCC), Rotimi Oyedepo, SAN, did […]

FAAN to relocate its Headquarters from Abuja to Lagos

The Federal Airports Authority of Nigeria (FAAN) says it is relocating its headquarters from Abuja to Lagos its original base in the interest of the Authority and the nation. Its Director Public Affairs and Consumer Protection, Mrs Obiageli Orah, in a statement on Thursday listed reasons for reverting to include lack of office spaces for […]

NCDC activates emergency operations centre for Lassa fever over escalating incidence

Nigeria’s Centre for Disease Control and Prevention (NCDC) has activated its Lassa fever emergency operations centre in response to the country’s escalating incidence of the disease. A statement signed by the NCDC Director General, Ifedayo Adetifa, on Thursday stated that in 2023, there was an increase in the number of cases reported from week 49 […]