November 26, 2024
BREAKING: Again, CBN raises interest rate amid rising inflation
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has decided to further tighten monetary policy by increasing the Monetary Policy Rate (MPR) by 25 basis points, from 27.25% to 27.50%. CBN governor, Olayemi Cardoso announced this at a press briefing on Tuesday in Abuja. He also said that the Asymmetric Corridor […]
Breaking: EFCC Arrests Yahaya Bello
Operatives of the Economic and Financial Crimes Commission (EFCC) have arrested Yahaya Bello, former governor of Kogi state. It was learnt that Governor Usman Ododo brought Yahaya Bello to Abuja this morning and invited EFCC to come pick him. Affairs TV News Click Here to Join our WhatsApp Group Click Here to Join Our Telegram […]
Just In: Reps ‘remove’ Umar as CCT chairman without two-thirds majority
The house of representatives has removed Danladi Umar as chairman of the Code of Conduct Tribunal (CCT). During Tuesday’s plenary, the house invoked paragraph 17 (3), part 1, fifth schedule of the 1999 constitution as amended, and section 22(3) of the Code of Conduct Bureau and Tribunal Act Cap C15 LFN 2004. The above section […]
Ebonyi Governor suspends 2 commissioners, 3 others
Governor Francis Nwifuru of Ebonyi state has suspended the Commissioner for Housing and Urban Development, Francis Ori, and his counterpart in charge of health, Moses Ekuma, for three months. The Commissioner for Information and State Orientation, Jude Chikadibia, made this known while briefing journalists on Tuesday. He said the decision was reached at the state […]
Sanwo-Olu suspends aide, Ajetunmobi over misrepresentation of facts
Lagos State Governor, Babajide Sanwo-Olu has suspended his Senior Special Assistant on Print Media, Mr. Wale Ajetunmobi. The suspension was announced in a statement released on Tuesday, by Special Adviser to the Governor on Media and Publicity, Gboyega Akosile. Ajetunmobi’s suspension, Akosile stated was based on the misrepresentation of facts on his personal “X” account […]
JUST IN: Presidency Shares Fresh Details as Port Harcourt Refinery Commences Production (Video)
The Nigerian presidency has shared more details as the state-owned Port Harcourt Refinery has commenced processing crude oil production. POLITICS NIGERIA reports that Olufemi Soneye, spokesperson of the Nigerian National Petroleum Company Limited, on Tuesday morning disclosed that the refinery kicked off with 60 percent capacity, processing 60,000 barrels per day of crude. The commencement […]
Our hustle not showing, things are ridiculously expensive – Content creator KieKie laments
Popular content creator, KieKie said many Nigerians have increased their work rates but have nothing to show because of high inflation. The media personality said this in an Instagram story on Monday. KieKie said despite working harder, many Nigerians remain poor because of ridiculously expensive prices of goods. “We’ve all doubled our hustle, but e […]
Maternal Mortality: NPC Flags Off Verbal And Social Autopsy Study In Osun
The National Population Commission, in collaboration with the Federal Ministry of Health, has launched the Nigeria Verbal and Social Autopsy Study (VASA) to provide insights into the causes of under-5 and maternal deaths in Osun communities. Addressing journalists in Osogbo on Monday, the Federal Commissioner of National Population Commission in Osun State, Dr Amidu Tadese […]
Diaspora Group Petitions President Tinubu Over Demolition Of Properties In Lagos
A group of Nigerians in the diaspora has written an open letter to President Bola Tinubu, seeking his intervention in a dispute over the demolition of WinHomes Estate in Okun Ajah, Lagos State. The estate, developed by WinHomes Global Services Ltd, was allegedly demolished by Federal Ministry of Works officials without notice or compensation. The […]
Cash scarcity: POS operators, banks in blame game as Nigerians suffer
Ahead of the Christmas and New Year festivities, shortage of cash has again hit Nigerians across the country. Residents of the Federal Capital Territory, FCT, and environs, who spoke to DAILY POST decried the development. This comes despite revelation by the Central Bank of Nigeria, CBN, that a significant N3.87 trillion remains outside the banking […]