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The World Bank in a report released on the 11th of January, 2022 estimated a 2.5 percent economic growth in Nigeria for the year 2022, 0.1 percent higher than the projection for 2021. The report was titled ‘Global Economic Prospects’; in the report, the World Bank stated that the elevated commodity prices are anticipated to…
Nigeria’s Amina Mohammed, currently serving as UN Deputy Secretary-General, has been confirmed to continue in her present role at the UN. UN Secretary-General Antonio Guterres announced this yesterday, formalizing the announcement he had made before. Prior to her time at the UN, Amina Mohammed served as Nigeria’s Minister of Environment since November 2015 and Special…
Ebonyi State Governor, Dave Umahi, has declared his intention to run for the office of the President in 2023. Umahi disclosed this to State House Correspondents on Tuesday after a closed-door meeting with President Muhammadu Buhari at the Presidential Villa, Abuja. The governor’s visit to the Villa comes barely 24 hours after the National Leader…
The total amount of foreign exchange (FX) that streamed into the Nigerian economy skyrocketed by 64% to $30.18billion in the third quarter (Q3) of 2021 compared to the $18.4billion recorded in the previous quarter. This is about the data of the statistical bulletin for Q3 2021, from the Central Bank of Nigeria (CBN). The FX…
Ohanaeze Ndigbo, the apex socio-cultural Igbo organization, has described Tinubu’s move for Presidency as an unfortunate disruption of the rules of natural justice. The group lamented that the national APC leader would embark on a project that seeks to trouble Nigeria, rather than contributing to the concerted efforts required to save the country. Chief Alex…
Chief Ernest Shonekan, Head of State during the Interim Government that replaced General Ibrahim Babangida’s military regime, has passed away. Ernest Shonekan became the head of the transitional council, set up to organize the passing of power from military rule to a civilian government. He became both the head of the council as well as…
The 2022 Appropriation Bill will be passed on December 14, president of the senate, Ahmad Lawan, has said. Lawan, who made the announcement during plenary on Tuesday said that this was to enable the upper chamber maintain the January to December budget cycle. He said that it was essential for the senate to stick to…
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) on Tuesday voted to hold the Monetary Policy Rate (MPR) at 11.5 per cent for the umpteenth time. Reading a communiqué after the committee’s 282nd meeting on Tuesday, Mr Godwin Emefiele, the CBN Governor, said the MPC also unanimously agreed to hold all…
The Nigeria Centre for Disease Control (NCDC) says the Delta variant continues to be the dominant strain of Coronavirus in the country. The NCDC Director-General, Dr Ifedayo Adetifa, made this known at the bi-weekly national briefing on COVID-19, in Abuja on Monday. Adetifa, represented by the Head of Risk Communication, Dr Yahaya Disu, said that…
With his second return to the APC, Femi Fani-Kayode’s fluctuating disposition makes him quite a puzzling character for critical examination. His recent move unravels an unstable character, and the depth of hypocrisy in his activism and persistent attacks against the government of the day. **** When one of the most influential figures in modern social…
