Business

CBN implies the possibility of decreased interest rates because inflation subsides

Governor of the Central Bank Nigeria (CBN), Mr. Olayemi Cardoso, has indicated that interest rates can decrease in the coming months because inflation shows signs of moderation, the development is expected to facilitate access to credit and stimulate investment. Cardoso made this disclosure on Saturday at the European C-Level Level Forum (Eurocham Nigeria) in Lagos on weekends. The Governor of …

Read More »

The reps panel recovers the lost revenues of N2ria billion, pushes for the passage of the Audit law

On Monday, the public finance committee (PAC) of the House of Representatives announced the recovery of over N2ria billion of revenue lost for the federal government in the last year. President of the Committee, Hon. Bamidele Salam, revealed it to the eleventh annual conference and at the General Assembly of the West Africa Association of Public Conti (Waapac), which Nigeria …

Read More »

TUC threatens the strike at national level for the proposal of 5%petrol tax, puts members, CSOs, market associations in alert

By Victor Osula, Abuja The Nigeria Union congress has warned against a national strike if the federal government proceeds with its plan to impose a 5 % tax on oil products. The President of the TUC, the partner Festus Osfo and the secretary general, his partner Nuhu Toro, on Monday, described the proposal as “Economic Evilness” that would have worsened …

Read More »

Tinubu who works assiduously to generate responsible loans to face the public debt of Nigeria – Speaker Abbas

Tinubu who works assiduously to generate responsible loans to face the public debt of Nigeria – Speaker Abbas Abuja (basic reporter) The rapporteur of the Chamber of Representatives RT. Hon. Abbas Tajudeen, said President Bola Ahmed Tinubu, GCFR, is working assiduously to face Nigeria’s public debt through a non -oil entrance guide. This also as a speaker observed that public …

Read More »

Sanctions for airlines when NCAA moves to uphold passenger rights

The Nigerian Civil Aviation Authority (NCAA) has announced plans to register public airlines that failed to comply with flight regulations, especially on flight cancellation and prolonged delays. In a statement posted on his X -was grip on Monday, NCAA spokesman, Michael Achimugu, stressed that airlines must provide hotel accommodation for passengers stranded between 10:00 and 4:00 in the morning due …

Read More »

Seven killed in the filming of Jerusalem

On Monday no less than five people were killed in a shooting attack on a bus stop in Jerusalem, according to the paramedics. The Israeli emergency medical service Magen David Adom reported that four victims were declared death on the scene to North Jerusalem, while one died of his wounds later in the hospital. Other wounded people have been taken …

Read More »

Archbishop Luba closes the girl imo U-13 football tournament

Post views: 28 By SilverNews The inaugural edition of the Under 13 football tournament of IMo State closed in Amato, with the sponsor, the archbishop Prof. Amb. Lawrence Luba, greets the event as a historic milestone for the development of basic football in the state. In his closing speech, Archbishop Luba expressed gratitude to God for making the tournament …

Read More »

Trust, Key of sharing knowledge for the security of Africa – Gen. Agwai

The former head of defense, General Martin Luther Agwai (Retd.), Said that the worsening of Africa security challenges can be effectively addressed only through the construction of trusted, the sharing of knowledge and custom -made solutions at regional level. Agwai, who is vice -president of the Council of the Internazional Institute for African Defence, Security and Governance (Iiadsgov), declared this …

Read More »