News – Page 43 – Democracy Radio

Eight Banks Meet Recap Target as CBN Holds Rate at 27.5%

By Oluwakemi Kindness The Monetary Policy Committee has confirmed that eight banks have met the CBN’s recapitalization target, signaling progress in the ongoing financial sector reforms." Governor of the Central Bank of Nigeria, Olayemi Cardoso, stated this in Abuja on Tuesday while briefing Newsmen on the outcome of it 301st meeting. He commended the progress made by Deposit Money Banks in strengthening their capital base, noting that several others are advancing steadily toward meeting the set deadline. The Committee urged […]

July 23, 2025

Economy

Nigeria Proposes Joint Investment Council to Strengthen Economic Ties with Egypt

By Oluwakemi Kindness Nigeria has proposed the creation of a Nigeria-Egypt Joint Investment Council, a major step towards deepening economic ties and unlocking shared prosperity between the two nations. The proposal was unveiled by the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, during the Nigeria-Egypt Business Forum in Abuja. The Council, once established, would act as a high-level platform for identifying investment opportunities, mitigating risks, and coordinating joint economic efforts between both governments and their private […]

July 23, 2025

Economy

Human Capital Investment Is Nigeria’s Path to Prosperity – Edun

By Oluwakemi Kindness The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has described the HOPE programme as a transformative national strategy to unlock the country’s economic potential through bold investment in its people. “HOPE” - Human Capital Opportunities for Prosperity and Equity, backed by the World Bank – aims to accelerate inclusive economic development by strengthening Nigeria’s systems in health, education, and governance. According to a statement by the Director Information, Ministry of Finance, Mohammed Manga, […]

July 23, 2025

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Uncategorized

Nigeria’s Parliament Slams US Visa Cuts, Demands Policy Reversal

By Oluwakemi Kindness The Nigeria’s House of Representatives has sharply criticised a new visa policy by the United States government, calling for the immediate restoration of the five-year multiple-entry visa for Nigerian applicants. The Lawmakers described Washington’s decision to slash non-immigrant visa validity for Nigerians from five years to just three months as “disappointing” and “damaging to long-standing ties.” This followed a motion raised under urgent public importance by Muhammad Muktar, Jesse Okey-Joe Onuakalusi, Adefiranye Ayodele Festus, Atu Chimaobi Sam, […]

July 23, 2025 3 3

Entertainment

Tems’ “Wait For U” Hits 1 Billion Streams on Spotify

By Aremu Toyeebaht Grammy-winning Nigerian artist Temilade Openiyi, widely known as Tems, has officially joined the Spotify Billion Club, following a major streaming milestone. Her hit collaboration “Wait For U” with American rappers Future and Drake has now surpassed 1 billion streams on Spotify. Released in 2022, “Wait For U” made history by debuting at No. 1 on the Billboard Hot 100, with Tems becoming the first African artist to earn that distinction. The track later won a Grammy Award […]

July 23, 2025

General

Kogi Records Lowest Out-of-School Rate in Northern Nigeria — Ododo’s Spokesperson

By Chinedu Echianu Kogi State Government has reaffirmed its position as a frontrunner in human capital development, recording the lowest number of out-of-school children in Northern Nigeria. This was disclosed by the Special Adviser on Media to the Governor, Ismaila Isah, at the 2025 Blueprint Impact Award Series in Abuja, where he represented Governor Ahmed Usman Ododo, who was honoured as the Governor of the Year in Human Capital Development. A statement made available to newsmen by the Kogi state […]

July 23, 2025

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Sport

Countdown to Glory: International Armwrestling Championship Kicks Off in Abuja

By Arinzechi Chukwunonso With just 2 days to go, the momentum is unstoppable. Nigeria is officially in championship mode as the nation prepares to host the 14th African Armwrestling Championship, set to explode into action on July 23rd, 2025 in Abuja. As part of heightened preparations, Nigeria has welcomed Olegs Gantimurovs, one of the world’s most respected Master World Armwrestling Referees, who is now on ground to lead the officiating setup and raise the technical bar for the event. His […]

July 21, 2025 2

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General

Agroecology Experts Urge National Policy Shift for Sustainable Farming in Nigeria

By Oluwakemi Kindness The Federal Government has been urged to urgently establish a national agroecology policy framework as a sustainable solution to the country’s growing food insecurity and environmental challenges. This call was made on Monday in Abuja during the National Stakeholders’ Conference on Advancing Agroecology Principles and Practice for Food Sovereignty, where experts expressed concerns about the long-term impacts of chemical-based farming and the marginalization of traditional agricultural practices. Speaking at the event, Dr. Ifeanyi Casmir, a leading advocate […]

July 21, 2025 2

General

Suspended Senator Natasha Akpoti Faces Senate Resistance Over Resumption Bid

By Aremu Toyeebaht Tensions have resurfaced between the Nigerian Senate and suspended Kogi Central Senator, Natasha Akpoti-Uduaghan, as the upper legislative chamber maintains that there is no legal basis compelling her early return to plenary. The Senate, in a statement released on Sunday, July 20, through its spokesperson Senator Yemi Adaramodu, affirmed that no valid court order currently mandates the immediate reinstatement of Senator Akpoti-Uduaghan, who was suspended in March 2025. The suspension followed a contentious altercation involving a seat […]

July 21, 2025