Reps Warns CBN Against Risks of High Interest Rates Amid Economic Recovery

Reps Warns CBN Against Risks of High Interest Rates Amid Economic Recovery

By Oluwakemi Kindness The House of Representatives Committee on National Planning and Economic Development has urged the Central Bank of Nigeria (CBN) to reconsider the prolonged use of high interest rates to fight inflation, warning of potential adverse effects on key sectors of the economy. Chairman of the Committee, Rep. Gboyega Nasiru issued the caution on Wednesday in Abuja during a meeting with the Statistician-General of the Federation and Chief […]

May 15, 2025 10 1

News

No Room for Unregistered Architects in Government Projects – Speaker Abbas

By Oluwakemi Kindness The Speaker of the House of Representatives, Abbas Tajudeen, says the National Assembly would work towards strengthening the Public Procurement Act to ensure that only registered architects participate in government-funded projects. The Speaker says this has become necessary in view of "the challenges highlighted by the Nigerian Institute of Architects, particularly the proliferation of unregistered practitioners, the influx of foreign firms bypassing statutory partnerships, and the underrepresentation […]

May 15, 2025 7

Economy

CBN Alerts Public Against Scam Contracts and Fraudulent Claims

By Oluwakemi Kindness The Central Bank of Nigeria (CBN) has reiterate warnings that it has not authorised, licensed, or appointed any individual, group, or organisation to act as an agent or intermediary in offering contracts, financial grants, or intervention funds to the public. The CBN in a statement on Monday also notes that it did not endorse or support such claims in any form. "The attention of the Central Bank […]

May 12, 2025 6

News

NDLEA Gets 2 New Forensic Labs

By Oluwakemi Kindness The National Drug Law Enforcement Agency (NDLEA) has established two new laboratories to enhance accessibility, expedite timely analysis, and prosecute cases efficiently following a surge in drug seizures over the past months. This feat come after over 25 years of conducting forensic analysis in a single laboratory facility in Lagos which also received an upgrade. The two additional laboratories built in Abuja and Enugu are strategically located […]

May 12, 2025 9

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Economy

AGF Ogunjimi Commits to Quick Passage of PFM Bill

By Oluwakemi Kindness The Accountant General of the Federation, Shamseldeen Ogunijmi has expressed his readiness to ensure the successful passage of the Public Financial Management (PFM) Bill. The PFM Bill initiated by the Office of the Accountant General of the Federation (OAGF) seeks to give legal backing to the public finance management reform initiatives of the federal government and the operations of the treasury of the federation. Ogunijmi spoke at […]

May 11, 2025 5 3

Uncategorized

NILDS DG Mourns Dr. Doyin Okupe

The Director General of the National Institute for Legislative and Democratic Studies (NILDS), Professor Abubakar Olanrewaju Sulaiman, has expressed deep shock over the passing of Dr Doyin Okupe, former Presidential Spokesman to ex-President Goodluck Jonathan. In a statement issued on Friday, March 7, 2025, by his Media Adviser, Mohammad Abdulkadri, Professor Sulaiman describes Dr. Okupe’s death as a significant loss to Nigeria’s media and political landscape. Reflecting on their […]

March 7, 2025 9

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News

Women Empowerment Will Strengthen The Economy – First Lady Oluremi Tinubu

By Chinedu Echianu Nigeria's First Lady, Senator Oluremi Tinubu, has empowered 500 women from the 21 local government areas in Kogi State. Speaking at the distribution of empowerment items to the women at the Muhammadu Buhari Square in Lokoja, the state capital, Mrs. Tinubu highlighted the importance of supporting women in nation-building. A statement from the Media Office of the First Lady of Kogi State said Mrs. Tinubu who […]

February 21, 2025 198 8

Uncategorized

Governor Soludo Has Lost The Capacity To Provide Security in Anambra – Labour Party

By: Chinedu Echianu The leadership of the Labour Party has expressed shock at the news if the assassination of one of its leaders and a lawmaker representing Onitsha 1 North Constituency in the Anambra State House of Assembly, Hon. Justice Azuka. The lawmaker was abducted on Tuesday, December 24, 2024 by gunmen while returning home on Ugwunaobankpa Road in Inland Town, Onitsha and his decomposing body was later found […]

February 6, 2025 10

Uncategorized

NLC Demands Immediate Reinstatement of 900 Sacked Staff of KEDC

By: Chinedu Echianu The Nigeria Labour Congress (NLC) has called for an immediate and unconditional reinstatement of over nine hundred staff of the Kaduna Electricity Distribution Company (KEDC) recently sacked in what the Labour Centre described as an unjust and illegal manner. A statement signed by the Head of Information and Public Affairs at NLC, Benson Upah commended the protesting workers of Kaduna Electricity Distribution Company for peacefully conducting […]

February 6, 2025 25