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CBN Rakes in Over N1 Trillion at OMO Auction Amid Soaring Money Supply
Friday’s OMO auction serves as a clear signal that the CBN remains committed to using market-based tools to manage liquidity. High-yield OMO bills enable the apex bank to absorb surplus cash, influence short-term interest rates, and contain inflationary expectations ahead
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Wike Sets Conditions for Lasting Peace in Rivers State
Wike also took a swipe at traditional rulers and elders in the state, accusing them of failing to make any meaningful efforts toward reconciliation. He said that despite the President’s declaration of a state of emergency to avert chaos, many
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Court remands Nigerian musician over alleged naira abuse
Federal High Court Orders Detention of Musician Terry Apala Over Naira Mutilation Charges
A Federal High Court in Ikoyi, Lagos has ordered the detention of musician Terry Ejeh, popularly known as Terry Apala, in a correctional facility due to accusations … Continue Reading
Ibas Requests Extension from Reps To Prepare State Update
Rivers State Administrator, Ibas Appeals for Extended Briefing Period to National Assembly Committee Amid Security Concerns
Rivers State’s sole Administrator, Ibok-Ete Ibas, has formally requested an extension from the National Assembly’s Ad-hoc Committee to prepare a comprehensive briefing regarding … Continue Reading
Tribunal Upholds FCCPC’s $220m Fine Against Meta, WhatsApp for Data Privacy Breaches
FCCPC Executive Vice Chairman and CEO, Mr. Tunji Bello, welcomed the judgment, applauding his legal team’s diligence and precision in building the case. He reiterated the Commission’s dedication to protecting consumer rights and maintaining fair business practices in line with
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More Nigerians to Fall Below Poverty Line by 2027 – World Bank
The World Bank identified urbanisation as a critical driver of poverty alleviation, especially under favorable conditions. From 2010 to 2019, the majority of poverty reduction across the continent was attributed to urbanisation, rather than marked improvements in rural or urban
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Amaechi Blames Weak National Assembly for Tinubu’s Alleged Constitutional Breach in Rivers
Amaechi further urged citizens to become more active and vigilant, warning that complacency enables the perpetuation of bad governance. He noted, “The real danger is not just in breaking the law—it’s in violating the Constitution itself.
Port Harcourt, Nigeria – … Continue Reading
MTN Confirms Cybersecurity Attack, Assures Customers of Network Integrity
In a statement issued on its official platform, MTN disclosed that an unknown third party gained unauthorised access to specific segments of its systems. The telecoms giant emphasized that it is actively working to assess the full extent of the
… Continue ReadingProtests Rock Rivers: Ibas Scheduled to Appear Before Reps Today
Rivers State Administrator’s No-Show Sparks Protest and NBA Controversy
Rivers State, Nigeria – Vice Admiral Ibok-Ete Ibas (retd), the Sole Administrator of Rivers State, was anticipated to address the House of Representatives Committee overseeing the state’s administration under emergency … Continue Reading
India orders all Pakistani Nationals to leave country
India Suspends Visas for Pakistani Nationals Amid Rising Tensions Following Pahalgam Terror Attack
New Delhi – In a significant escalation of diplomatic tensions, the Indian government announced on Thursday the immediate suspension of all types of visas issued to Pakistani … Continue Reading