MPC splits over policy, retains MPR at 11.5%
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has retained the country’s Monetary Policy Rate (MPR) at 11.5 per cent for the umpteenth time. CBN Governor, Mr. Godwin Emefiele, the who announced this on Monday in Abuja while reading a communique from the apex bank’s second MPC meeting for 2022, said that the committee also decided to hold all...
Misconduct: LASTMA dismisses 2 officers, demotes 4 others
Six officers of the Lagos State Traffic Management Authority (LASTMA) have been disciplined over misconduct while performing their official duties. Two of the officers had their appointments terminated while four suffered demotion along with reprimand for their various misdemeanours. The disciplinary action taken was in line with the extant rules as guided by the Lagos State Civil Service Rules and Regulations. Asst....
CBN: We’ve disbursed N1.3trn to power sector in 5 years
The Central Bank of Nigeria (CBN) said has disbursed over N1.3 trillion to support the provision of power supply to Nigerians in the last five years. The CBN Governor, Mr. Godwin Emefiele, made the remark at a news conference following a meeting of the Bankers’ Committee in Abuja on Monday. “So, what we are trying to say here is that the...
REDTV vows to supports young movie makers, creative talents
REDTV, United Bank for Africa's lifestyle and entertainment channel, has promised to continue to support the creative industry and empower young film producers in Africa. This is just as REDTV announced its readiness to support the upcoming inaugural edition of The Annual Film Mischief (TAFM) organised by The film Rats Club. The Executive Producer, REDTV, Bola Atta, who spoke on REDTV’s...
2023: Niger gov orders appointees to resign before primaries
Niger State Governor, Abubakar Sani Bello, has directed political appointees and other public servants in the state aspiring for political offices in 2023 to tender their resignation before March 31, 2022. The Secretary to the State Government (SSG), Ahmed Ibrahim Matane, made this known in a statement on Monday. The SSG explained that the Electoral Act 2022 signed by President Muhammadu...
Zulum rejects naming of school project after him
Borno State Governor, Prof. Babagana Zulum, has rejected the naming of two blocks of hostel at the Ramat Polytechnic in Maiduguri in his honour. Zulum was at the polytechnic to commission the hostels for 1,500 students, which was recently renovated and reequipped by the State’s Ministry of Higher Education, Science, Technology and Innovation. The twin-project, named, ‘Engr. Professor Babagana Umara Zulum...
EFCC arrests 17 suspected internet fraudsters in Benue
The operatives of the Economic and Financial Crimes Commission (EFCC) have arrested 17 suspected internet fraudsters in Makurdi, Benue State. The arrest of the suspects was disclosed in a statement issued by the EFCC spokesman, Wilson Uwujaren, on Tuesday. The arrested suspects include Samuel C., Uvande A., Joseph G., Ageva A., Emmanuel O., Ochiwu M., Dominic O, Ikpema S, Otse A....
National convention: APC begins screening of aspirants Tuesday
The ruling All Progressives Congress has announced Tuesday, March 22, 2022, as the date to commence the screening of aspirants for the APC National Convention. The APC's National Convention Screening Sub-Committee made this known via an invitation signed by its Secretary, Barr. Emmanuel Chukwuemeka Otagburuagu, on Monday. Otagburuagu stated that the aspirants would be screened in two batches at the Katsina...
EFCC arrests officer behind Obiano’s leaked video
The Economic and Financial Crimes Commission (EFCC) says it has arrested the officer who leaked the video of the immediate past governor of Anambra State, Willie Obiano, in the Commission’s custody. The EFCC spokesman, Wilson Uwujaren, made this known in a statement on Monday. Uwujaren stated that the officer was arrested after a discreet investigation revealed that he was the EFCC...
Court sacks 20 Cross River lawmakers over defection
The Federal High Court sitting in Abuja has sacked 20 members of the Cross River State House of Assembly over their defection from the Peoples Democratic Party (PDP) to the All Progressive Congress (APC). The lawmakers were sacked in a judgement delivered by Justice Taiwo Taiwo, on Monday. The presiding judge held that the lawmakers needed to vacate their seats since...
