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Emefiele The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN), has raised interest rate to 13 percent amid rising inflation. Godwin Emefiele, Central Bank governor who announced the decision after MPC meeting on Tuesday, said the raise was necessitated by inflation. The rate had previously been put …

Economic and Financial Crimes Commission (EFCC) operatives on Tuesday, invaded the Abuja home of Rochas Okorocha, a former Imo State governor. Okorocha is among those aspiring for president on the platform of the All Progressives Congress (APC). The former governor’s aide who disclosed the development, said the operatives who stormed …

Prof. James Tooley, the Vice-Chancellor, Buckingham University, United Kingdom, has said Nigeria’s out-of- school children figures is not as high as projected by various agencies and he is set to prove it. United Nations Children’s Fund (UNICEF) has put the figure of Nigeria’s out of school children at 10.5 million, …

School feeding Nigeria’s federal government, on Tuesday, said it would spend N999 million daily to feed approximately 10 million pupils in the National Home Grown School Feeding Programme across the country. The Team Lead of NHGSFP, Aishatu Digil, disclosed this at a stakeholders’ meeting on disbursement modalities for the review …

As part of his presidential campaign tour to delegates of the Peoples Democratic Party, an aspirant, Mohammed Hayatu-deen, has likened the state of Nigeria’s economy to that of a cancer patient. The aspirant spoke in Ogun and Lagos States with a message of hope to rebuild and revamp the ailing …

President  Muhammadu  Buhari  has approved the appointment of Imo State- born Anamekwe Nwabuoku to oversee the Office of the Accountant General of the Federation. Nwabuoku’s appointment  comes on the back of the ongoing investigation of the Ahmed Idris,  the disgraced Accountant General  who, allegedly, stole N80 billion from the Federal …

Logos of online banks Babatunde Irukera, the Executive Vice-Chairman/Chief Executive Officer of the Federal Competition and Consumer Protection Commission (FCCPC), says the agency has frozen accounts of over 50 firms operating loan apps in the country. Irukera who made the disclosure in an interview with Punch, noted that the action …

– N8m Toyota Camry sold for N22,500 Osun-Ogun River Basin Development Authority The office of the Auditor-General for the Federation has revealed the selling off of a government Plant, Property and Equipment (PPE) valued at over N2 billion for N13.618 million only by an agency of the federal government. This …

Reactions have trailed the emergence of Progress Chukwuyem as the winner of the Nigerian Idol Season 7. it was earlier reported that Progress was declared the winner of the music competition on Sunday by the show’s host, IK Osakioduwa. The Nigerian singer and songwriter emerged as the winner of the show at …

The lawmaker representing Aguata II constituency in the Anambra State, Okechukwu Okoye was beheaded on Saturday days after he was abducted. Recall that Okoye was kidnapped in Aguata on the 15th of May, while his head was found in Nnobi, Idemili South Local Government Area of the state.Less than 24 hours …