The Central Bank of Nigeria has raised its Standing Lending Facility rate to 31.75 percent to boost stability within the financial sector. The apex bank disclosed this in a circular issued on Monday by its director, Financial Market Department, Omolara Duke, lifting the suspension on SLF. The SDF rate, applicable to deposits made by banks…
Good morning! Here is today’s summary from Nigerian Newspapers: 1. President Bola Tinubu has appointed Adeola Oluwatosin Ajayi as the new Director-General of the Department of State Services (DSS). Chief Ajuri Ngelale, Special Adviser to the President on Media & Publicity, announced this in a statement on Monday. 2. The Inspector-General of Police, Kayode Egbetokun,…
Big Brother Naija ‘No Loose Guard’ contestants, Shaun and Victoria, collectively known as team Shatoria, have emerged the head of house, HoH, for the fifth week of the show. Big Brother had challenged the housemates with a three-part competition to select this week’s HoH. In the first round, which had two phases, each pair of…
Serie A clubs, Empoli and Cagliari are in the hunt for Nigeria forward, David Okereke. Okereke is looking to leave Serie B club, Cremonese this summer. The former U-23 Eagles star spent the second half of last season at Torino. The striker made nine league appearances for the Turin club. According to CagliariNews, Cagliari will…
The Ebonyi State House of Assembly on Monday approved the request from the Ebonyi State Governor, Francis Nwifuru, seeking the creation of Agbaja and Igbeagu autonomous communities in Izzi Local Government Area. The approval took place at the Ebonyi State House of Assembly complex during an emergency plenary session presided over by the Speaker, Moses…
A former youth president of Effi community in Ikom LGA of Cross River State, Alobi Ofuka, has listed an array of reasons youths in the community drove away Chinese nationals operating a wood processing factory on Monday. Ofuka spoke to journalists, saying the Chinese never had genuine papers authorising them to enter their community to…
Following the never-ending backlash over the death of actor Junior Pope, Nollywood actress and filmmaker, Adanma Luke has tendered a public apology to Nigerians. In a now-trending video on social media on Monday, Adanma cried and took responsibility for the death of Junior Pope and others, begging Nigerians for forgiveness “I have come to say…
Stakeholders have urged the Federal Government to attend to the union’s demands decisively to avoid escalation. The Federal Government has postponed its meeting with the Academic Staff Union of Universities (ASUU), initially scheduled for Monday, August 26, 2024, to a later date. This was disclosed earlier today by the Minister of Education, which has now…
He was also gifted many other gifts courtesy of the content creator. Popular content creator and skit maker Chinonso Ukah, aka Nons Miraj, has showered trending fish pie seller Alax with numerous gifts, including a fully furnished rented apartment. In a trending video on X, Nons Miraj, alongside her crew, located the fish pie seller,…
The member representing Toto/ Gadabuke Constituency at the Nasarawa State House of Assembly, Mr Mohammed Isimbabi, has defected from the New Nigeria Peoples Party, NNPP, to the All Progressives Congress, APC. The Speaker of the House, Mr Danladi Jatau, who made the announcement while reading Isimbabi’s defection letter during proceedings on Monday in Lafia, said…
The Osun State Amotekun corps has arrested one Muritala Ibrahim, 35, for allegedly raping a 10-year-old girl. The state Amotekun Public Relations Officer, Yusuf Idowu, revealed this in a statement on Monday, saying that the suspect committed the act in Aagba, Boripe local government area of the state. According to him, the suspect was arrested…
A member of the House of Representatives representing Isiala Mbano/Onuimo/Okigwe Federal Constituency, Miriam Onuoha, has warned that the oil and gas sector of the economy is too critical to be politicized. This is even as she hinted that she will not be a willing tool for the opposition to destroy what she described as the…
The Ward Chairman of the All Progressives Congress, APC, in Ejemekwuru Oguta LGA Imo State, Dominic Ikpeama has landed in the police net for allegedly selling the federal government’s palliatives meant for the people of Ejemekwuru autonomous community. He was arrested by the Oguta Divisional headquarters following a petition against him by the traditional ruler…
Alex Iwobi has said the Super Eagles are determined to secure a place at the 2025 Africa Cup of Nations. The Super Eagles will begin their quest for a place in the competition against Benin Republic next month. The encounter with the Cheetahs will be held at the Godswill Akpabio International Stadium, Uyo on Saturday,…
The World Health Organization, WHO, the United Nations Children’s Fund, Kaduna State Primary Healthcare, and Zaria Local Government have returned to Tukur-Tukur community in Zaria local government for the second round of immunization on the reported outbreak of Diphtheria, which has claimed the lives of approximately five children. While receiving the team, Abdul-Azeez Suleiman, the…
Women Journalists in the country have challenged the newly sworn-in Chief Justice of Nigeria, CJN, Justice Kudirat Kekere-Ekun to use her position to promote the rule of law, equality and justice for the Nigerian citizenry irrespective of their status. The media practitioners said unless the rule of law, equity and justice are promoted, national security…
The Director General of the World Trade Organization, WTO, Ngozi Okonjo-Iweala, has said that Nigeria’s Gross Domestic Product (GDP) growth has been recording a steady decline since 2014. Nigeria’s former Finance Minister disclosed this General Conference of the Nigerian Bar Association, NBA on Sunday. According to her, the implication of stagnating GDP growth has signaled…
Como head coach, Cesc Fabregas, has hailed the club’s latest signing of midfielder Nico Paz. The Serie A side signed Paz from Real Madrid on a four-year deal. Reacting, Fabregas described the 19-year-old as an exciting talent. “There has been a lot of interest in Nico from other clubs and not surprisingly,” Fabregas told the…
Brentford’s Ivan Toney has agreed on a personal terms to join Saudi Arabia club Al Ahli. Toney’s Saudi move is at an ‘advanced’ stage, according to football transfer insider Ben Jacobs. Saudi Pro League chief Saad Al-Lazez and sporting director Michael Emenalo are in London trying to finalise a deal. Toney was left out of…
West Ham United are looking in to the possibility of bringing former Chelsea striker, Tammy Abraham back to the Premier League this summer transfer window. The England international currently plays in Italy with AS Roma. But according to Italian football journalist, Filippo Biafora, the Hammers are keen to make a late swoop for Abraham before…
