The monetary policy committee (MPC) of the Central Bank of Nigeria (CBN) says it is retaining the monetary policy rate, which measures interest rate at 13.5%. Speaking in Abuja on Tuesday after the meeting of the committee, Godwin Emefiele, governor of the Central Bank, said nine members voted to hold rates. The asymmetric corridor was […]
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Three Nigerians — Kennedy Udo, Michael Mgbedike and Emmanuel Okubote, have been sentenced to a combined 40 years in prison by a Woolwich Crown Court in the United Kingdom (UK) for breaking the law. According to a tweet by the UK Metropolitan police, the trio aged 29, 22 and 27 respectively landed in jail for […]
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President Muhammad Buhari has approved the appointment of Rabiu Yadudu as the new managing director of the Federal Airports Authority of Nigeria (FAAN). Yadudu is expected to replace Saleh Dunoma, who was relieved of his duties, two years after the confirmation of his five-year tenure as the MD of FAAN. The appointment was contained in […]
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Speaking in an interview with Channels Television on Sunday, the Acting Chairman of the Economic and Financial Crimes Commission, (EFCC), Ibrahim Magu, confirmed the commission is investigating the outgoing Imo State Governor, Rochas Okorocha. Asked if an investigation is being carried out regarding the outgoing state governor, he responded, “definitely”. The official then said ”an […]
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The Oluwo of Iwoland in Osun state, Adbulrasheed Akanbi, has urged the federal government of Nigeria to make provision for security votes for the traditional institution to help fight insecurity. The Oluwo who spoke to journalists in Osogbo, the state capital on Monday, said the traditional rulers are closer to the grassroots and are privy […]
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Night-landing equipment were on Saturday commissioned at the Benin city airport. Commissioning of the equipment has officially revived night operations at the 63-year old airport. The equipment were facilitated by the Edo state government, in partnership with the federal government. Speaking at the commissioning, an elated Minister of State for Aviation, Hadi Sirika, commended the […]
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Vincent Kompany says joining Anderlecht as player-manager is the “most passionate yet rational” decision he has made after announcing he has left Manchester City. The 33-year-old has signed a three-year deal with the Belgian club after 11 years at Etihad Stadium, eight of which he spent as club captain. Saturday’s 6-0 FA Cup final win […]
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Rafael Nadal claimed his first title of the year after defeating world number one, Novak Djokovic, 6-0 4-6 6-1 in the Italian Open final in Rome on Sunday. The Spaniard raced past Djokovic in the opening set in 39 minutes; the first 6-0 between the rivals in 141 previous sets. Djokovic battled back in the […]
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A video that shows President Muhammadu Buhari jogging while performing lesser hajj in Saudi Arabia is currently trending online. The video shot by NTA shows the president carrying out the exercise while performing one of the rites of hajj at the Masjid Haram (the Grand Mosque) in Makkah. At the end of the exercise, Buhari […]
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Pep Guardiola hailed Manchester City’s feat of claiming the first ever domestic treble in English football as a bigger achievement than winning the Champions League after an emphatic 6-0 thrashing of Watford at Wembley in the FA Cup final. Raheem Sterling and Gabriel Jesus each scored twice, while David Silva and Kevin de Bruyne netted […]
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