Author: Eberechi Constance

Tinubu jets off to Senegal for Bassirou Faye’s Inauguration as new president

Tinubu jets off to Senegal for Bassirou Faye’s Inauguration as new president   President Bola Tinubu will on Tuesday depart Abuja for Dakar, capital of Senegal to attend the inauguration of Senegal’s President-elect, Bassirou Diomaye Faye.   A statement on Monday, Ajuri Ngelale, presidential spokesperson, said the president’s visit is[Read More…]

NCC extends NIN-SIM deadline to July 31

NCC extends NIN-SIM deadline to July 31 The Nigerian Communications Commission (NCC) has extended the deadline for the disconnection of unlinked lines from April 15 to July 31, for subscribers with more than four SIM cards. According to source from the Telecommunication sector the deadline for those with less than[Read More…]

Binance Executive Sues Ribadu, EFCC

Binance Executive Sues Ribadu, EFCC   Detained Binance executive, Tigran Gambaryan, has sued Nuhu Ribadu, the national security adviser (NSA) and the Economic Financial Crimes Commission (EFCC) over alleged violation of his fundamental rights.   According to NAN on Thursday, Gambaryan, in the originating motion dated and filed March 18[Read More…]

INEC rejects Labour Party’s National Convention

INEC rejects Labour Party’s National Convention   The Independent National Electoral Commission (INEC) has disowned Wednesday’s Labour Party (LP) National Convention in Anambra. Rotimi Oyekanmi, the chief press secretary to INEC Chairman Mahmood Yakubu, said this when he spoke with the News Agency of Nigeria (NAN) in Abuja on Thursday.[Read More…]

Abure re-elected Labour Party chair

Abure re-elected Labour Party chair Mr Julius Abure has been re-elected as the National Chairman of the Labour Party for a second term by a unanimous affirmation of delegates.   The Chairman of the National Convention and Deputy Governor of Abia State, Mr. Ikechukwu Emetu declared him the winner during[Read More…]

Shettima Assures Nigerians of Naira Stability 

Shettima Assures Nigerians of Naira Stability  Vice President Kashim Shettima has assured that the naira will continue to stabilise in the coming weeks and months. Shettima gave the assurance at the inauguration of the National Design and Innovation Competition, held at the Presidential Villa, Abuja, on Wednesday. The event was[Read More…]

CBN increases interest rate to 24.75%

CBN increases interest rate to 24.75% The Monetary Policy Committee of the Central Bank of Nigeria (CBN) has raised the monetary policy rate (MPR), which benchmarks interest rates, from 22.75 percent to 24.75 percent.   CBN governor, Olayemi Cardoso, made the rate adjustment announcement at a news conference on Tuesday during[Read More…]