BREAKING: MPR at 27.5%: Implications for SMEs’ operational costs, growth prospects

In its recent Monetary Policy Committee (MPC) meeting held on February 20, 2025, the Central Bank of Nigeria (CBN) decided to retain the Monetary Policy Rate (MPR) at 27.5 percent. This decision has significant implications for Small and Medium Enterprises (SMEs), particularly concerning their borrowing costs, operational expenses, and overall growth prospects. Small and Medium … Read more

BREAKING: Sanwo-Olu backs ECOWAS integration, vows to strengthen regional unity

In a show of commitment to regional integration, Lagos State Governor, Babajide Sanwo-Olu, reaffirmed his unwavering support for the Economic Community of West African States (ECOWAS) during his keynote address at the opening ceremony of the ECOWAS Parliamentary Seminar in Lagos. The seminar on Monday, held to commemorate the 50th anniversary of ECOWAS and the … Read more

BREAKING: Lassa fever crisis needs action not excuses

The alarming statistics from the Nigeria Centre for Disease Control and Prevention (NCDC) are an urgent call to action. In February 2025 alone, 80 people succumbed to Lassa fever, with 413 confirmed cases reported across 11 states. This surge in fatalities highlights the critical gaps in Nigeria’s response to a disease that has plagued the … Read more

BREAKING: Tinubu approves licenses for 11 private universities in Nigeria

President Bola Tinubu on Monday approved provisional licenses for 11 private Universities in Nigeria. The President made the disclosure at the Federal Executive Council, FEC meeting at the State House, Abuja. According to Tinubu’s aide, Sunday Dare, the president is “committed to expanding the frontiers of Educational opportunities and infrastructure.” The universities are New City … Read more

BREAKING: Rivers Assembly gives Fubara 48 hours to re-present 2025 budget again

The Rivers State House of Assembly on Monday issued a 48-hour ultimatum to Governor Siminalayi Fubara, instructing him to re-present the 2025 budget for legislative consideration, in compliance with a Supreme Court ruling. The resolution was passed during a plenary session in Port Harcourt, following a motion moved by Deputy Speaker Dumle Maol. The lawmakers … Read more

BREAKING: The double jeopardy of telecom tariff hike for Nigerian workers

On the morning of 20th January 2025, Nigerians woke to the shocking announcement of a 50 per cent increase in telecom tariffs by the Nigerian Communications Commission (NCC). The decision, which was made without prior notice to subscribers, has been met with widespread rejection, including opposition from the Nigeria Labour Congress (NLC). Analysts have criticised … Read more

BREAKING: Adeleke, Oluwo congratulate Brig-Gen. Kunle Nafiu on NYSC DG appointment

Osun State Governor, Ademola Adeleke, has congratulated Brigadier-General Nafiu Olakunle on his appointment as the Director-General of the National Youth Service Corps (NYSC) by President Bola Tinubu. Describing Brigadier-General Olakunle as a disciplined and accomplished professional, Governor Adeleke stated that his appointment to lead one of Nigeria’s key national institutions is a recognition of his … Read more

BREAKING: Wendy Okeke’s ‘Grief’s First Kiss is an Avalanche’ hits shelves nationwide

Wendy Okeke introduced her debut poetry collection, Grief’s First Kiss is an Avalanche, in a moving virtual launch event on 1 March 2025. The gathering brought together poetry enthusiasts, writers, and supporters to celebrate a body of work that delves deeply into themes of grief, love, and memory. The event was hosted by Kamnelechukwu Obasi, … Read more

BREAKING: N9.4trn unremitted royalties: Reps blow hot, issue 72-hour ultimatum to Aiteo Group, Addax Petroleum, others

The House of Representatives Committee on Public Accounts has issued an ultimatum to eight oil companies, demanding that they appear before it within 72 hours to respond to allegations of non-remittance of ¦ 9.4 trillion in royalties to the Federation Account. The companies are among nine firms summoned by a subcommittee investigating unpaid royalties, as … Read more