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Author: Iheanyi Ejiofor

headline News

Police arrest five after massive gun battle with hoodlums in Owerri

Iheanyi Ejiofor May 25, 2021 No Comments Police arrest five after massive gun battle with hoodlums in Owerri#

Security forces on Tuesday foiled an attempt by heavily armed gunmen to burn down the Orji Divisional Headquarters located at Owerri-Okigwe Road. People ran helter and skelter and motorists abandoned…

Read More Police arrest five after massive gun battle with hoodlums in Owerri
Health

Moderna says COVID-19 vaccine ‘highly effective’ in adolescents

Iheanyi Ejiofor May 25, 2021 No Comments #COVID-19Moderna says COVID-19 vaccine ‘highly effective’ in adolescents#

US biotech firm Moderna said Tuesday that trials had shown its Covid-19 vaccine is “highly effective” in adolescents aged 12-17 and the company would seek regulators’ approval in June. “We…

Read More Moderna says COVID-19 vaccine ‘highly effective’ in adolescents
Business Economy headline

CBN retains benchmark interest rate at 11.5%

Iheanyi Ejiofor May 25, 2021 No Comments CBN retains benchmark interest rate at 11.5%#

The monetary policy committee of the Central Bank of Nigeria (CBN) on Tuesday voted to retain the monetary policy rate at 11.5 percent. The committee also retained the liquidity ratio…

Read More CBN retains benchmark interest rate at 11.5%
headline News

FG returns recovered £4.2m Ibori loot to Delta

Iheanyi Ejiofor May 25, 2021 No Comments #IboriFG returns recovered £4.2m Ibori loot to Delta #

The Accountant General of the Federation, Ahmed Idris, on Tuesday said the £4.2m looted by a former Governor of Delta State, James Ibori, which the Federal Government recently repatriated from…

Read More FG returns recovered £4.2m Ibori loot to Delta
Business Economy headline

CBN devalues Naira, adopts Nafex rate

Iheanyi Ejiofor May 25, 2021 No Comments adopts Nafex rate#CBN devalues Naira

The Central Bank of Nigeria has officially adopted the Nafex rate as the government’s official exchange rate for the naira, effectively devaluing the currency by 7.6 per cent. The bank…

Read More CBN devalues Naira, adopts Nafex rate

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