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The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has voted unanimously to raise the Monetary Policy Rate (MPR) to 13 per cent. CBN Governor, Godwin Emefiele, announced this on Tuesday while briefing reporters at the end committee’s meeting at the apex bank’s headquarters in Abuja. It is the first time in […]

Germany Economy Ministry on Tuesday said it was making further contingency plans in the event that Russia stops providing natural gas to the country due to the war in Ukraine. The ministry said if a gas shortage should occur or threaten to occur, the amount of gas used to generate power was to be significantly […]

The Taliban signed an agreement with a company based in the United Arab Emirates (UAE) on Tuesday for the ground handling of three airports in Afghanistan. With the new agreement, the new officials in Kabul and the representative of the UAE-founded company hope that all international commercial airlines can resume their flights to the country. […]

The Federal Government has threatened to deploy every available legal instrument to weed out all criminal elements operating within the Nigerian Gaming Industry.  The Director-General of the National Lottery Regulatory Commission, NLRC, Mr. Lane Gbajabiamila gave warning on the heels of discovering a forged Sports Betting Permit of the Commission by some criminal elements operating […]

Boko Haram fighters have killed 40 civilians in Kala Balge Local Government Area of Borno State. It was gathered that a large number of the insurgents surrounded the harmless civilians and began to slaughter them on Sunday. The federal lawmaker representing the area, Hon. Zainab Gimba, confirmed the incident in an interview monitored by newsmen […]

The Coalition of Northern Groups on Tuesday promised to retaliate against the alleged killing of its kinsmen in the South-East geo-political zone, the development it claimed, had been greeted with the conspiracy of silence. The organization also threatened to boycott patronage of the media over what it termed bias by media managers on the activities […]

Terrorists who attacked and kidnapped the 28 March 2022 Abuja-Kaduna bound train passengers have threatened to, within seven days, start killing the passengers in captivity if their demands are not met. They called the government to, as a matter of urgency, release their children allegedly kept in a Yola detention facility in Adamawa State as […]

Ukrainian President, Volodymyr Zelensky, on Monday appeal for more weapons and maximum sanctions against Russia at Davos summit, lamenting that tens of thousands of lives would have been saved had countries acted faster. Appearing by video-link, Zelensky delivered the headline speech to the first World Economic Forum to be held in the Swiss Alps in […]

President Muhammadu Buhari has lauded the Nigerian Air Force for living up to its constitutional responsibilities of securing the nation, and in the process, justifying the investments of the government of the day in the force. The President stated this on Monday while speaking at the ceremonial parade to commemorate its 58th anniversary in Kano. […]

A former Senate President, Ken Nnamani, has recommended the establishment of a bipartisan commission to tackle the security challenges in various parts of the country. Nnamani expressed concerns over the ability of the present police force to tackle the threat, stressing that these challenges required modern training to be effectively nipped in the bud. Nnamani, […]

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