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…
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Category: headline
FG 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…
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CBN devalues Naira, adopts Nafex rate
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…
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Gunmen raze Iwollo police division in Enugu, kill four officers
By our reporter| Four police officers were killed on Tuesday when gunmen attacked Iwollo Oghe Police Station in Ezeagu Local Government Area of Enugu State. The state commissioner of police,…
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UN calls for immediate release of Mali President Bah Ndaw
The UN mission in Mali has demanded an immediate release of President Bah Ndaw and PM Moctar Ouane, after reports that they were detained by soldiers. In a tweet (in…
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