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The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) is set to meet this week, on the 22nd and 23rd, for the last time this year (2021). The 10-man committee headed by the CBN Governor, Godwin Emefiele last met on September 17th, 2021, publishing its 38th communique that detailed the basis for […]

The Central Bank of Nigeria (CBN) has stated that individuals under its watchlist may be barred from entering a new relationship with any participant (banks) and accessing loans. The CBN disclosed in its Revised Regulatory Framework for Bank Verification Number (BVN) operations and Watch-List for the Nigerian Banking Industry signed by Mr Musa Jimoh, Director, […]

The Lagos State Government has crushed motorcycles impounded at different times and locations in the state for contravening various traffic laws.The Motorcycles were massively crushed at the Alausa Secretariat, Ikeja.Speaking at the site where the 482 motorbikes were crushed, Commissioner of Police, Mr Hakeem Odumosu, disclosed that the crushing exercise has been on since the […]

Nigerian Breweries Plc, the most capitalized brewery quoted on the exchange, witnessed a depreciation in share price by 286 basis points to close at N51.00 per share, taking the market capitalization from N419.84 billion to N407.84 billion. The brewery today, recorded a loss in share price which can be attributed to investors’ negative sentiment which […]

Ahead of the 2023 general elections, the National Assembly has forwarded the electoral act amendment bill to President Muhammadu Buhari for assent. Senate President Ahmad Lawan made this known in a statement issued by his aide, Babajide Omoworare, on Friday. He disclosed that the electoral bill was transmitted to the president on Friday in line with Section […]

The President, Major Gen. Muhammadu Buhari (retd.), has said that an unconditional release of the leader of the outlawed Indigenous People of Biafra, Nnamdi Kanu, who is currently standing trial for treason, runs contrary to the doctrine of separation of powers between the Executive and Judiciary. This is as he said, though such a demand […]

President Muhammadu Buhari on Friday met behind closed doors with some Igbo leaders at the Presidential Villa, Abuja, according to the News Agency of Nigeria (NAN). NAN reported that First Republic aviation minister, Mbazulike Amaechi, led the delegation of Igbo leaders to the meeting. Some of the Igbo leaders who attended the meeting included the […]

The Federal Government has stated that the growth in Nigeria’s digital services, especially in areas of culture, creativity, hospitality and tourism will boost investments in the economy. This was disclosed by Clem Agba, Minister of State, Budget and National Planning, at the 2021 African Statistics Day celebration with the theme: “Modernising National Statistical Systems to support […]

Innocent Chukwuma, chairman, Innoson Group, says his relationship with Guaranty Trust Bank (GTB) now Guaranty Trust Holding Company Plc (GTCO Plc) changed after the exit of the former chief executive officer (CEO), Olutayo Aderinokun. Aderinokun died in 2011 after a protracted illness. Chukwuma, in an interview with journalists on Tuesday, said the money owed him by […]

The one-storey building fell Wednesday afternoon while workers were working at the site located in Flour Mills Estate along Magbon axis, Badagry. Five people were rescued and taken to a nearby hospital while several people are trapped under the rubbles. Director of  Lagos State Fire and Rescue Service, Margaret Adeseye, said that five persons have […]


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