- All News
- June 25, 2024
- 56 views
Reforms will address economic challenges, says Tinubu
President Bola Tinubu has stated that his administration will continue with its proposed strategic reforms and measures to address deep-rooted structural issues in the country. He said the reforms would be implemented fully despite the nation’s complexities and citizens’ resistance to change. He said, “We will continue with various proposed programmes and strategic measures where Read More
- All News
- June 25, 2024
- 64 views
CBN projects lower inflation, says reforms attract $24bn inflow
The Governor of the Central Bank of Nigeria, Olayemi Cardoso, says inflationary pressure has started dropping as a result of the central bank’s policy measures, which aim to reduce the current inflation rate of 33.69 per cent. This was as he revealed that the country recorded a total foreign exchange inflow of about $24bn in Read More
- All News
- June 25, 2024
- 54 views
Court asks IKEDC, NERC to reverse tariff hike
The Federal High Court sitting in Lagos has restrained Ikeja Electric Plc and the Nigerian Electricity Regulatory Commission from applying, administering and/or implementing the purported tariff stipulated in the April 2024 Supplementary Order on Tariff Increase On “Bank A” Feeders. The court, in a ruling on Tuesday, held that the tariff comprised those published by Read More
- Africa
- June 25, 2024
- 70 views
Prof. Opoku-Agyemang to embark on a day’s visit to Abuakwa North
The Running Mate of the National Democratic Congress (NDC), Prof. Jane Naana Opoku- Agyemang, will tomorrow, Wednesday June 26, embark on a one-day visit to the Abuakwa North Constituency in the Eastern Region. She will visit a palm oil processing factory which was ravaged by fire recently to encourage the women who work at the place and offer them support on behalf of the Flagbearer, Mr John Mahama. Prof. Opoku-Agyemang, will also pay courtesy calls on…
- All News
- June 25, 2024
- 47 views
AMCON grew profit by 212% in 2023
The Asset Management Corporation of Nigeria has posted a 212 per cent growth in its profit to N108.43bn in 2023 from N34.73bn in the corresponding period. This was indicated in a statement issued by the Head Corporate Communications Department, AMCON, Jude Nwauzor, on Tuesday. It was revealed that this growth was achieved despite challenging macroeconomic Read More
- Africa
- June 25, 2024
- 54 views
John Mahama remains incorruptible.
Ben Ephson and his tabloid news leaflet see no wrong, hear no wrong, and speak no wrong, regarding the failed and corrupt Akufo-Addo and Bawumia government. Let me remind him and his colleague NPP editors that, unlike Akufo-Addo and Bawumia, President Mahama is incorruptible! Despite the relentless and unfounded accusations the NPP has thrown at him, President Mahama has consistently emerged untarnished, a testament to his unwavering integrity. The recent NPP syndicated story, deviously using Mahama’s…
- All News
- June 25, 2024
- 56 views
Analysts project stable Treasury bills rates
Financial analysts are predicting a stable outlook for Nigeria’s upcoming Treasury Bills auction. They noted that rates would remain steady despite increased offer amounts and enhanced system liquidity. According to Meristem Securities Limited, the Central Bank of Nigeria is set to auction T-Bills totalling NGN228.72bn, with varying maturities across 91-day, 182-day, and 364-day instruments. The Read More
- Sports
- June 25, 2024
- 87 views
Kimmich Perfect Replacement For Party –Ex-Chelsea Star
Former Arsenal defender William Gallas has said Bayern Munich’s Joshua Kimmich is the ideal replacement for Thomas Partey. Partey looks set to depart the Emirates this summer, and Kimmich is also believed to be close to an exit at Bayern. Arsenal have been linked with a move for the experienced midfielder, as have many top sides around Europe. Speaking to Gambling Zone , Gallas believes Mikel Arteta should be in hot pursuit for Arteta. “Joshua Kimmich…
- All News
- June 25, 2024
- 60 views
Tinubu’s govt not reliant on ways and means – Finance Minister
The Federal Government, on Tuesday, said it does not rely on ways and means to fund itself. It also said it made no request to President Bola Tinubu for funds from the Central Bank to pay liabilities, including external debt service or share capital cash calls. The Minister of Finance and Coordinating Minister of the Read More
- All News
- June 25, 2024
- 53 views
Tinubu sets up committee to curb cholera outbreak
President Bola Tinubu on Tuesday approved the establishment of a cabinet committee to oversee the emergency operations centre led by the National Center for Disease Control in response to the ongoing cholera outbreak in Nigeria. The Coordinating Minister of Health and Social Welfare, Ali Pate, revealed this after the Federal Executive Council at the Villa Read More
