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Chadians vote for a president on Monday in an election purportedly aimed at ending military rule but dismissed by opponents of junta leader, Mahamat Idriss Deby, as a fix following violent repression. Voters will choose whether to extend decades of Deby family rule in one of the world’s poorest countries, a crucial territory in the fight against jihadism across the Sahel desert region. They have the chance to opt instead […]
Billionaire, Arthur Eze, has urged Nigerians to support President Bola Tinubu while praising his inclusive approach to governance. He made the remarks in a video widely shared on social media, which showed him donating N20m to a church. Eze said, “Tinubu has no boundary. If you go to Abuja, you will see Wike, an Igbo man as a minister. Umahi is Igbo man, as minister. No boundaries. All the types […]
The Federal Government has raised a total sum of N11tn through auctions and sales of Treasury bills and saving bonds issuance in four months, according to findings by The PUNCH An analysis of bonds and bills results issued this year by the Central Bank and the Debt Management Office showed that the government had raised N3.1trn in FGN bonds and 7.92trn in T-bills between January and April 2024, totalling N11.2trn. These […]
The Oyo state council of the National Association of Nigeria Nurses and Midwives has threatened to embark on an indefinite strike if their demands are not met in 14 working days. The council in a letter addressed to Governor Seyi Makinde on Thursday, May 2, 2024, stated that the resolution was made after its state executive council meeting held on Tuesday on issues affecting the welfare and career progression of […]
The Governor of the Central Bank of Nigeria, Olayemi Cardoso, has said that the huge purchase of foodstuffs by the government as palliatives is contributing to the galloping food inflation in the country. He stated this in his contributions during the March Monetary Policy Committee, which was published on the website of the CBN. The MPC increased the benchmark interest rate to 24.75 per cent, from 22.75 per cent. The […]
The Governor of Lagos State, Mr Babajide Sanwo-Olu, has appointed Basirat Damilola Marshall, daughter of Fuji maestro, King Wasiu Ayinde Marshall, a.k.a KWAM1, as his Senior Special Assistant on Tourism. This was according to a viral video of her father thanking the governor, and congratulatory messages sighted by PUNCH Online on her Instagram page, @damimarshall_ on Thursday. In the viral video, her father, KWAM1, while performing on stage at the coronation […]
Drama played out on Monday when power supply was seized as the Minister of Power, Adebayo Adelabu, was speaking at the National Assembly. Adelabu was fielding questions from senators at the investigative hearing on “the need to halt the increase in the price of electricity” organised by the Senate Committee on Power. Power was, thereafter, restored in less than five minutes. Speaking about the power interruption, the Chairman of the […]
Chief economist at SPM Professionals, Paul Alaje, shares his thoughts with AYOOLA OLASUPO on some of the recent economic policies made by the Federal Government among others Recently, the Central Bank of Nigeria increased Nigeria’s Monetary Policy Rate known as interest rate from 22.75% to 24.75%. What implications will this have on the private sector? What do you think of the Central Bank of Nigeria stimulating this programme at this point? I […]
The ruling All Progressives Congress and Labour Party have thrown their weight behind the proposed bill seeking to stop politicians guilty of tax evasion from running for elective offices in the country. The endorsement comes in the wake of Friday’s announcement by the Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, Taiwo Oyedele, that the executive bill is scheduled to be passed in the National Assembly. Oyedele disclosed […]
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