Challenges, Opportunities for MSMEs As CBN Raises Interest Rate to 27.25%
In a bold move to curb inflation, the Central Bank of Nigeria (CBN) has again increased its Monetary Policy Rate (MPR) by 50 basis points to 27.25%. The CBN Governor Olayemi Cardoso announced the decision after the 297th Monetary Policy…
Vandals Destroy Critical Transmission Tower, Plunging Damaturu and Maiduguri into Darkness
The Transmission Company of Nigeria (TCN) has announced that vandals have destroyed one of its critical transmission towers, T372, along the Gombe-Damaturu-Maiduguri 330kV transmission line. This malicious act occurred on Saturday, September 21, 2024, at approximately 1:44 am, cutting off…
Peter Obi Announces Dr. Yunusa Tanko as Interim National Coordinator of Obidient Movement
Former Governor of Anambra State and Labour Party Presidential Candidate, Mr. Peter Obi, has announced Dr. Yunusa Tanko as the Interim National Coordinator of the Obidient Movement Worldwide. The announcement was made during an X space meeting where Obi expressed…
The Needless Politicization of NATCOM: A Threat to Nigeria’s Security
The establishment of the National Commission Against the Proliferation of Arms, Light Weapons, and Ammunitions (NATCOM) in Nigeria has been a long-awaited move to address the proliferation of small arms and light weapons in the country. However, the process has…
Intelligence Agencies: President Tinubu Appoints New Directors-General For NIA And DSS
In a move aimed at repositioning the nation’s intelligence agencies for better results, President Bola Tinubu has approved the appointment of new Directors-General for the National Intelligence Agency (NIA) and the Department of State Services (DSS). Ambassador Mohammed Mohammed, a…
Nigerian Defence Ministers Condemn Gruesome Killing Of District Head, Vow To Bring Perpetrators To Justice
In a strong show of solidarity, the Honourable Minister of Defence, Mohammed Badaru Abubakar, and the Honourable Minister of State for Defence, Dr. Bello Muhammed Matawalle, have condemned the gruesome killing of the Head of Gatawa District in Sabon Birni…
Overcoming the Challenges of Money Politics in Nigeria: A Guide for Young Aspiring Political Leaders
Nigeria’s political landscape is notoriously dominated by money politics, where bribery, vote buying, and election rigging are rampant. This can be discouraging for young people who aspire to become political leaders but lack the financial resources to compete. However, it’s…
Court Orders Temporary Forfeiture of $2.04 Million, Lands, and Shares Linked to Former CBN Governor Emefiele
In a significant development, Justice Akintayo Aluko of the Federal High Court in Lagos has ordered the temporary forfeiture of $2.04 million, seven choice landed properties in Ikoyi, and two share certificates of Queensdorf Global Fund Limited trust, all allegedly…
Nigeria’s External Reserves Decline to $36.620bn Amidst Economic Hardship
Amidst economic woes that fueled high cost of living and a recent nationwide hunger protests, Nigeria’s external reserves have decreased by 0.68% to $36.620bn as of August 12, 2024, from $36.872bn recorded on August 7, 2024, according to data from…
Tragedy Strikes Kano As Trailer Truck Destroys Power Tower, Leaving North-Western Communities In Darkness
A devastating incident occurred in Kano State on Sunday, August 11th, 2024, when a trailer truck carrying a container crashed into the base of Tower T16, a critical power transmission infrastructure owned by the Transmission Company of Nigeria (TCN). The…
