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Afe Babalola (SAN), Founder and Chancellor of Afe Babalola University, Ado-Ekiti, yesterday asked the Central Bank of Nigeria and the Federal Government to swiftly tackle the increasing lack of assessible cash to customers of commercial banks in Nigeria. He hypothesized that this development, if not nipped in the bud can have dire consequences that will…
The Shippers Association of Lagos (SALS) has revealed that over 82 percent of exported agro-allied products from Nigeria are either seized or rejected in Europe for reasons that could have easily been tackled at the home front. According to a statement signed by SALS President, Rev. Jonathan Nicole, it was noted that the major challenge…
Residents of Magodo Phase II Estate in Lagos converged this morning to protest the presence of armed policemen in their estate. The estate management has shut the two gates leading into the estate. Speaking during the protest the Chairman of Magodo Residents’ Association, Bajo Osinubi, said: “We called our people out to protest this morning…
Legal controversies highlighted in a letter addressed to the Governor of Oyo State by Michael F. Lana Esq and Prof. Oyelowo Oyewa SAN, on Monday 3rd of Januaryv2021 has stated reasons why Lekan Balogun as well as other Chiefs may not ascend to the vacant throne of Olubadan. The death of Oba Saliu Adetunji was…
The Oodua People’s Congress (OPC) says it has no connection with the rumoured bids of Vice President Yemi Osinbajo, former Lagos Governor Bola Tinubu and Ekiti Governor Kayode Fayemi towards the 2023 Presidency. In a statement on Monday, Publicity Secretary, Yinka Oguntimehin said the organization was not involved with a “Mega Accord of 57 civil…
President of the Ijaw National Congress (INC) Benjamin Okaba has expressed displeasure over President Muhammadu Buhari’s continuous declarations that funds looted at the Niger Delta Development Commission will be recovered and those found culpable in the forensic audit report shall be punished. President Buhari on Thursday last week made the declaration again in his address…
Peoples Democratic Party (PDP) in Zamfara State has called on Governor Bello Mohammed Matawalle to resign, saying that his government does not have the interest of the people at heart. Speaking on this development, the chairman of the party, Hon. Bala Mande spoke through his deputy, Professor Kabiru Jabaka in Gusau, stressing that the state…
Governor of Nigeria’s Apex Bank, Godwin Emefiele has revealed that that the Central Bank of Nigeria (CBN) will increase access to loans for Nigerian small and medium-sized enterprises (SMEs) in 2022. At an event in Lagos Godwin Emefiele stated that it was necessary for stakeholders to strive in order to build a stronger economy able…
Adamu Lametek, a member of the Monetary Policy Committee of the Central Bank of Nigeria, has urged the Federal Government to focus on the growth of the Nigerian economy as it remains delicate. The CBN deputy governor, pointed this out in his personal statement at the last MPC meeting. He highlighted the struggles that were…
According to World Bank analysis, Nigeria’s inflation rate for the year 2022 is projected to be among the highest in the world and the seventh in Sub-Saharan Africa. The World Bank stated that the inflation rates in Nigeria have diminished the welfare of Nigerian households. The World Bank also pointed out that a high inflation…
