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The Central Bank of Nigeria, CBN Monetary Policy Committee has raised the interest rate by 50 basis points from 26.25% to 26.75%. The Governor of the CBN, Mr. Yemi Cardoso, announced this at the end of the apex bank’s 296th MPC meeting held in Abuja. The MPC also pegged the Cash Reserve Ratio (CRR) for
His Excellency, Peter Gregory Onwubuasi Obi wades into Dangote and the Federal Government debacle. He has this to say : “Dangote Refinery Should Be Fully Supported, Not Vilified The recent conflicts between Dangote Industries and some government agencies are deeply troubling. This issue transcends political affiliations and personal grievances. It is fundamentally about Nigeria’s economy, future,
His Excellency, Peter Gregory Onwubuasi Obi has sued Bayo Onanuga for his malicious and defamatory words against him. Read below : ALEX EJESIEME(SAN) & CO (MADIBA CHAMBERS) LEGAL PRACTITIONERS,ARBITRATORS & NOTARY PUBLIC 22nd July 2024 Mr.Bayo Onanuga, Special Adviser to the President on Communication and Strategy, The Presidency, Aso Rock Villa, Abuja. Sir, RE.REVEALED:PETER OBI’S SUPPORTERS
Mele Kyari, the Group Chief Executive Officer (GCEO) of the Nigeria National Petroleum Company (NNPC) Limited, has refuted allegations made by Aliko Dangote, Africa’s wealthiest individual, claiming that NNPC officials operate an oil blending plant in Malta. Dangote made these assertions on July 22, while addressing the House of Representatives, alleging that NNPC personnel, alongside
The student Union Government Student’s Senate council of the Nnamdi Azikiwe University Awka(UNIZIK) has impeached the Student’s union President Comrade Izuchukwu Ejikeme Francis. Jkcyno blog gathered that this happened shortly after UNIZIK Leadership Dispute was Resolved Ikechebelu yesterday after a brief unrest. The statement released by the Union government stated thus : “NOTICE OF IMPEACHMENT OF COMR. IZUCHUKWU
The Group Chief Commercial Officer at Dangote Industries Limited, Rabiu Umar has said the Nigerian government neglected Dangote Refinery to export crude oil to Indonesia and import finished products from the same country. [the_ad_placement id=”new-ads”] Umar disclosed this in an interview with Channels Television on Monday monitored by DAILY POST. He stated this is coming
His Excellency, Peter Obi has finally replied the presidency in his usual statistical response filled with issue based rhetorics totally ignoring the cheap blackmail from Bayo Onanuga. He made sure to remain steadfast in pointing out the key issues deviling the nation. He wrote below : “When Nigeria returned to democratic governance in 1999, it maintained
The leadership crisis at Nnamdi Azikiwe University Awka appears to be settling as embattled Acting Vice-Chancellor, Prof. Joseph Ikechebelu , has agreed to return to his former role as Deputy Vice-Chancellor (Administration). This development was disclosed by Dr. Emmanuel Ojukwu, Special Adviser to the Vice-Chancellor on Special Duties and Public Relations, during a press conference on
The Nnamdi Azikiwe University Awka Governing Council has issued a public statement regarding the debacle in the University’s acting Vice Chancellor’s seat. The statement reads thus : “NNAMDI AZIKIWE UNIVERSITY OFFICE OF THE PRO-CHANCELLOR&CHAIRMAN OF COUNCIL P.M.B.5025 AWKA E-mail:prochancellor@unizik.edu.ng ANAMBRA STATE Website:www.unizik.edu.ng. NIGERIA July 22,2024 Our Ref: DATE CLARIFYING THE APPOINTMENT OF ACTING VICE-CHANCELLOR AT NNAMDI
Following the sudden withdrawal of president Joe Biden from the United States presidential race, former President Donald Trump, has expressed his strong opinions on the matter, claiming Biden was never suitable for the presidency. “Biden will go down as the single worst president by far in the history of our country,” Trump declared. His