JamzNG Latest News, Gist, Entertainment in Nigeria

News of the deaths of dozens of suspected illegal miners while in the custody of the Nigeria Security and Civil Defense Corps (NSCDC) in Niger State should force Nigeria to confront a problem that goes well beyond the circumstances of this particular tragedy. Immediate questions are inevitable. How many people were detained? On what legal basis and for how long? …

Former Attorney General of the Federation (AGF), Abubakar Malami has explained what he said about his role in the dispute between Sunrise Power and the federal government in relation to the Mampilla hydroelectric project and the $200 million settlement of which he was allegedly a beneficiary. In a statement issued on Tuesday by Mohammed Bello Doka, his special assistant on …

The Central Bank of Nigeria (CBN), Tuesday decided to reduce the Monetary Policy Interest Rate (MPR) by 350 basis points (bps) to 23 percent from 26.5 percent The central bank also recalibrated the Asymmetric Corridor at the MPE range of +50/-300 bps. Speaking to journalists at the end of the two-day Monetary Policy Committee (MPC) meeting in Abuja, the CBN …

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