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Central Bank Retains Monetary Policy, Pegs Interest Rate At 11.5%

January 25, 2022

The Monetary Policy Committee of the Central Bank of Nigeria has unanimously retained the benchmark interest rate at 11.5%, whilst keeping all other monetary parameters constant. CBN Governor Godwin Emefiele disclosed this while reading the communique of the first monetary policy committee

Aliko Dangote Spent $18.5 billion To Build Refinery, Owes $2.7 billion Debt

Personal Finance

Dangote Remains Africa’ Richest Man In 11th Year Row

January 25, 2022

President of Dangote Group, Alhaji Aliko Dangote has according to the Forbes 2022 list of Africa's Billionaires, retained his position as the continent's richest man for the 11th year in a row

Oil & Gas

BREAKING: Nigerian Workers Suspend Protest Over Planned Subsidy Removal

January 25, 2022

The leadership of the Nigeria Labour Congress has suspended its planned nationwide protest earlier scheduled for 27th January 2022. It also suspended the follow-up protest which would have taken place on February 2nd, 2022 in the nation’s capital, Abuja. President of the

Oil & Gas

BREAKING: Fuel Subsidy Will Last For 18 More Months – FG

January 25, 2022

The federal government has said the subsidy of fuel will last for 18 more months, pending when an amendment in the Petroleum Industry Act will be forwarded to the National Assembly. Minister of State for Petroleum Resources, Timipre Sylva, disclosed this on

Entertainment

Court Awards Cardi B $1.25 million In Damages For Defamation By Popular Blogger

January 25, 2022

A monumental court case which is a huge admonition for the media has seen American rapper Belcalis Marlenis Almánzar better known as Cardi B win her defamation lawsuit against popular blogger and YouTuber Latasha Kebe who is known online as Tasha K.

Politics

Senate Re-amends Electoral Bill To Define Mode Of Primaries

January 25, 2022

The Nigerian Senate on Tuesday re-amended for a second time, the Electoral Act Amendment Bill, 2022, to include provisions which clearly define the mode of primaries for political parties.

News

Nigeria Moves To Exploit 5G Technology In Tackling Insecurity

January 25, 2022

President Muhammadu Buhari has stated that the Federal Government will not hesitate to take advantage of opportunities offered by the Fifth Generation technology when deployed in full capacity in the country in addressing various issues affecting development and the economy, and wellbeing,

Sports

Joshua Denies Decision To Step Aside For Usyk, Fury Fight

January 25, 2022

Former world’s heavyweight boxer of Nigerian heritage Anthony Joshua has played down media reports that he is will most likely accept a £15million payout to allow his rivals Tyson Fury and Oleksandr Usyk fight for the undisputed heavyweight title. Reports

AMA News·Politics

Guterres calls on Burkina Faso coup leaders to ‘lay down their arms’

January 25, 2022

DUBAI,UAE, 24 January 2022/African Media Agency (AMA)/ – Canadian vegan cookies in London’s Harrods, LA burgers in Dubai, Singaporean confectionary in Saudi,American plant-based restaurant in Selfridges, and the world’s first African food hall slated Source : African Media Agency (AMA)

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Latest

Central Bank Retains Monetary Policy, Pegs Interest Rate At 11.5%

Dangote Remains Africa’ Richest Man In 11th Year Row

BREAKING: Nigerian Workers Suspend Protest Over Planned Subsidy Removal

BREAKING: Fuel Subsidy Will Last For 18 More Months – FG

Court Awards Cardi B $1.25 million In Damages For Defamation By Popular Blogger

Senate Re-amends Electoral Bill To Define Mode Of Primaries

Nigeria Moves To Exploit 5G Technology In Tackling Insecurity

Joshua Denies Decision To Step Aside For Usyk, Fury Fight

Guterres calls on Burkina Faso coup leaders to ‘lay down their arms’

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