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Nigeria CBN’s 27.25% Interest Rate Hike: How It Affects Inflation, SMEs, and the Naira
Nigeria's recent interest rate hike to 27.25% aims to curb inflation and stabilize the naira but poses challenges for businesses. The increased borrowing costs could reduce expansion and raise unemployment. Meanwhile, FX inflows may rise, stabilizing the naira, and savers benefit from higher... -
Nigeria President Tinubu Set for Cabinet Reshuffle Ahead of October 1 Deadline
President Bola Tinubu is set to reshuffle his cabinet, according to Bayo Onanuga, Special Adviser on Information and Strategy. While no specific date has been announced, changes may occur before October 1st. The President urges ministers to better communicate their achievements to improve public... -
Nigeria Nigerian Anglican Leaders Slam Politicians, Including Tinubu, Over Widespread Corruption and Economic Hardship
The Anglican Church of Nigeria condemned corruption among political leaders, criticizing insensitive government policies causing severe hardship for citizens. In a recent meeting, church leaders expressed solidarity with protests against bad governance and called for a comprehensive...
Former Ekiti State Governor, Ayo Fayose, had made eerily prescient comments predicting the ongoing clash between Rivers State Governor Nyesom Wike and Siminalayi Fubara, the state's deputy governor. Fayose's remarks appear to foreshadow the power struggle unfolding in Rivers State politics.
Image Credit: Ministerio de la Presidencia
Disgraced former RFEF boss Luis Rubiales has been banned from football for three years after kissing Spain's Jenni Hermoso without her consent. FIFA's disciplinary committee ruled that Rubiales breached article 13 of the FIFA...
The 2023 Ballon d'Or awards ceremony is approaching, with the winner set to be announced by France Football in Paris on Monday. The list of nominees includes some of the world's finest footballers, vying to succeed 2022 winner Karim Benzema as the recipient of the Golden Ball. Despite the unique...
Nigeria
Ondo Deputy Governor's Apology Unlikely to Halt Impeachment Proceedings, Says State Assembly Speaker
Ondo State Deputy Speaker, Hon. Olamide Oladiji, has stated that Deputy Governor Lucky Aiyedatiwa's recent apology to Governor Oluwarotimi Akeredolu is a personal matter and not a concern of the State Assembly. He emphasized that the Assembly would continue with the impeachment process against...
Former Vice President Atiku Abubakar, the People's Democratic Party's 2023 presidential candidate, spoke out in Abuja following the Supreme Court's dismissal of his appeal challenging President Bola Tinubu's victory. The verdict has not deterred Atiku's commitment to Nigeria's political and...
Former Vice President Atiku Abubakar, the Peoples Democratic Party (PDP) candidate in the 2023 presidential election, has vowed not to exit the political arena following the Supreme Court's October 26, 2023, verdict affirming President Bola Tinubu's electoral victory.
During a press briefing in...
Governor Sim Fubara expresses concerns about compromised security agents, particularly the @PoliceNG. Tensions rise as he takes a resolute stance in a brewing confrontation
Kenyan Deputy President William Ruto announced that iris and fingerprint technology will be used for transactions by December, ushering in a new era of biometric financial services in the country
![[VIDEO]Shocking Scenes As Nigeria Police Use Water Canons Against River State Governor, Fubara, in Political Fight with Wike](/data/attachments/198/198589-bdd7e43054192d9130ec7b7c74b117e4.jpg?hash=vdfkMFQZLZ)
Nigeria
[VIDEO]Shocking Scenes As Nigeria Police Use Water Canons Against River State Governor, Fubara, in Political Fight with Wike
Rivers State Governor, Siminalayi Fubara, was confronted by security forces, who sprayed water and tear gas on him while en route to the State House of Assembly Complex. This incident followed the Sunday night arson attack on the assembly, allegedly due to the impending impeachment of Governor...
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