CBN to hold its first MPC meeting on 26 February

The Central Bank of Nigeria CBN, says its Monetary Policy Committee MPC will hold its first meeting under the tenure of Mr Olayemi Cardoso as Governor, on Monday February 26 and Tuesday February 27, 2024. The announcement follows a two-day strategic session for MPC members ahead of the meeting. A calendar of MPC meetings for […]

Florida Governor quits Presidential race, backs Trump

Florida Governor, Ron DeSantis has dropped out of the 2024 US presidential race, and endorsed Donald Trump. The surprise announcement came ahead of this week’s New Hampshire Republican primary, where Mr DeSantis was polling in the single digits. DeSantics said he did not have a clear path to victory, despite being considered a strong contender […]

Nigeria earn crucial win over host Cote D’Ivoire in AFCON 2023

The Super Eagles of Nigeria have boosted their chances in this year’s African Cup of Nations following a 1-0 win over host nation Ivory Coast. Defender William Troost-Ekong gave the Nigerian team the win from the penalty spot after striker Victor Osimhen was struck by an Ivorian defender in the penalty box. Nigeria is now […]

FG opens talk with World Bank to secure $1.5 billion loan for budgetary support

At the backdrop of the sustained revenue pressure and scarcity of foreign exchange the Federal Government, has opened talks with the World Bank to secure a $1.5 billion loan for budgetary support. Minister of Finance and Coordinating Minister for the Economy, Mr. Wale Edun, who disclosed this yesterday in an interview with Bloomberg, linked the […]

DG/CEO of NIMC has set measures to eliminate extortions on NIN enrollment

The Director-General/CEO of the National Identity Management Commission (NIMC), Bisoye Coker-Odusote, has emphasized that measures are in place to eliminate all forms of extortion, with strict consequences for offenders charging enrollees to pay fees for National Identification Number (NIN). Speaking at an annual consultative forum with stakeholders yesterday, the DG, represented by her Technical Adviser […]

US Congress speedily backs new funding before government shutdown

The US Congress has passed legislation to fund the government through early March, avoiding a partial government shutdown on Saturday. The House of Representatives passed the short-term funding measure by a vote of 314 to 108, about two hours after the Senate passed it by a vote off 77 to 18, despite political tensions. Democrats […]