July 2024

CBN raises interest rate to 26.75%

The Monetary Policy Committee of the Central Bank of Nigeria has increased the benchmark lending rate to 26.75 per cent. The hike in the Monetary Policy Rate was disclosed by the Governor of the CBN, Olayemi Cardoso, at the end…

Abia Govt. to offset N18bn salary arrears

Abia State Government has reiterated its commitment to offset all outstanding salaries arrears owed to various tertiary institutions in the state by the immediate past government estimated at 18 billion naira. The Commissioner for Information and Culture, Prince Okey Kanu,…

Crime rates dropped nationwide – IGP

The Inspector General of Police, Kayode Egbetokun, on Tuesday, said there was a decline in crime rates across the country in the past few months due to the strategies deployed by the police. Specifically, he noted that major crimes dropped…

Oyo nurses suspend two-months indefinite strike

The National Association of Nigeria Nurses and Midwives (NANNM), Oyo State chapter, has suspended its two-month indefinite strike. The union Chairman, Dr Samuel Adeyemi, made this known on Tuesday in Ibadan. The nurses and midwives in the state government-owned hospitals…

At least 157 killed in landslides in Ethiopia

At least 157 individuals have tragically lost their lives in landslides that struck south-western Ethiopia. According to a spokesperson from the civil protection authority, dozens of people remain unaccounted for as of Tuesday. The spokesperson expressed grave concern, noting, “We…