The Central Bank of Nigeria (CBN) Monetary Policy Committee has raised the interest rate by 50 basis points, from 26.25% to 26.75% amid surging inflation. CBN Governor, Olayemi Cardoso, announced this at the end of the apex bank’s 296th MPC meeting held in Abuja on Tuesday, July 23. The...
Archive for date: July 23rd, 2024
N6.2 trillion supplementary budget will be used to pay minimum wage, others — FG
The Federal Government has said the proposed N6.2 trillion supplementary budgetary will be used to pay the new minimum wage. Minister of Budget and National Planning, Senator Atiku Bagudu disclosed this while addressing the House of Representatives’ Committee on Appropriation in Abuja on Monday, July 22. He said that...
“People in NNPC don’t want subsidy sc@m to end,” Emir of Kano, Sanusi
The 16th Emir of Kano, Muhammadu Sanusi II, has said that the people in the Nigerian National Petroleum Company Limited (NNPCL) ‘do not want to end their lucrative subsidy sc@m.’ The Emir said this while commenting on the ongoing issue surrounding the Dangote refinery. Speaking on the argument by...
Ch£@ting: Singer Ruger advises his gender
Nigerian Singer Ruger has warned men never to continue a relationship with a woman who has caught them cheating on her. According to him, women do not forgive infidelity, but would definitely ensure that they retaliate if they catch their partners cheating on them.
Singer Davido gifts music executive, Ubi Franklin, a N68 million car.
Music executive Ubi Franklin has expressed gratitude to Davido after the singer gifted him a brand new GAC car worth over N68 million. The music executive shared the exciting news on his social media page. He appreciated Davido for the gift and reaffirmed his love for him. He also...
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