Business

The IMF recommends a strict monetary policy to reduce Nigerian inflation

International Monetary Funds (IMF) on Friday call for strict monetary policy to reduce Nigerian inflation. The head of the IMF mission for Nigeria, Axel Schimmelpfennig, made a call in a statement after his visit to hold a discussion for consultation Article IV 2025 with Nigeria. Schimmelpfennig led the IMF team to Lagos and Abuja from 2 to 15 April. He …

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Ndlea officers shot Abuja

Three officers of the National Drug Law Enforcement Agency, Ndlea, were hospitalized for the hospital injuries suffered after being attacked by some armed men during a Raid operation in the Jahi area, in the territory of the federal capital, Abuja on Thursday evening.The accident occurred when a team of NDLEA agents, who acts for intelligence and the surveillance report, broke …

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Because the Gov Pdp prefer Tinubu in Atiku – Fayose

…Swears to work against Atiku … He says that Makinde will not run against Tinubu Daud Olatunji The former governor of the state of Ekiti, Ayodle Fayose, aroused controversy within the Democratic Party of people (PDP) stating that the governors on the party platform favor all the progress of the congress (APC), the president Bola Tinubu, on their presidential candidate …

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The commander Opers Safe Haven organizes the extensive involvement of the parties concerned to improve safety in the plateau

The commander Opers Safe Haven organizes the extensive involvement of the parties concerned to improve safety in the plateau The general officer who commands the operation of the Nigerian army and Nigerian commander Safe Haven, the major general Folusho OyinLola, said that concrete efforts are underway to arrest the recent attackers in the areas of the local government of Bokkos …

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The IMF recommends a close monetary policy to lower the inflation of Nigeria

The International Monetary Fund (IMF) states that a close monetary policy position is needed to firmly guide the inflation in Nigeria. Axel Schimmelpfennig, head of the Mission of the IMF for Nigeria, said this in a statement on Friday after his visit to keep discussions for the consultations of article IV of 2025 with Nigeria. Schimmelpfennig led a FMI team …

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Imo Swan increases the alarm compared to the team’s performance at the ENSF

It requires the first preparations in view of the National Sports Festival in Ogun The chapter of the IMO State of the Sports Writers Association of Nigeria (Swan) expressed profound dissatisfaction with the poor trip of the State at the Niger Delta Festival (NDSF) recently ended in Uyo, Akwa Ibom State. The position of the Association was made known in …

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NNPCL recovering full cost on imported products, no subsidy – Kyari

The Group Chief Executive of the Nigerian National Petroleum Company Limited (NNPCL), Melee Kyari, said on Monday the Federal Government was no longer paying subsidy on Petroleum Motor Spirit (PMS), popularly known as petrol. Kyari disclosed this to State House Correspondents in Abuja. He said the federal government was no longer paying subsidy to any person or group for bringing …

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Paris Club Fund Refund: Consultant File Bill insult to CBN

A consultant company, Melrose General Services Limited, has submitted an accusation of insult to the Nigerian Central Bank (CBN) for the refund of the Paris club’s money at the Federal High Court, Abuja. The company filed the lawsuit after Bank Apex allegedly failed to comply with the Supreme Court’s decision which reversed the confiscation of N1.22 billion and N220 million …

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Judicial scandal: NJC POLLS 18 JUDS for falsification of the age

The National Judicial Council launched an investigation into 18 judges in the judiciary of the Imo State for the accusations of falsification of age, in a development that raises new concerns about integrity and transparency within the Nigeria judicial system. The NJC, in a declaration of Thursday by his deputy director of information, Kemi Ogenengbe, confirmed that the accusations were …

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