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BREAKING: CBN raises interest rate to 26.75%

BREAKING: CBN raises interest rate to 26.75%

The Monetary Policy Committee of the Central Bank of Nigeria has increased the benchmark lending rate to 26.75 per cent. The hike in the Monetary Policy Rate was disclosed by the Governor of the CBN, Olayemi Cardoso, at the end of the 296th MPC meeting in Abuja on Tuesday. The MPC had maintained a hawkish …

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Any attempt to suppress right to peaceful protest unconstitutional – Atiku

Any attempt to suppress right to peaceful protest unconstitutional – Atiku

Former Vice President Atiku Abubakar has defended the constitutional right of Nigerian citizens to engage in peaceful protest, amid growing economic challenges and reports of planned demonstrations. In a statement on Tuesday via X, Atiku emphasised the legal basis for public demonstrations, saying, “For the avoidance of doubt, the rights of citizens to protest are …

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Threatening peaceful protesters unlawful, AI warns

Threatening peaceful protesters unlawful, AI warns

Amnesty International on Tuesday cautioned the Federal Government against threatening Nigerians planning to protest against the current hardship and hunger in the country. The organization in a post on X reacting to comments made by a presidential aide, Olusegun Dada, warned that threatening intended peaceful protesters is unlawful. Dada had warned that intending destruction of …

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ADC Rep defects to APC, Minority Caucus kicks

ADC Rep defects to APC, Minority Caucus kicks

Salman Idris, the lawmaker representing Ijumu/Kabba-Bunu Federal Constituency of Kogi State, has dumped the Africa Democratic Congress, ADC, for the ruling All Progressives Congress, APC. Idris’s defection to the ruling party was disclosed in a letter read on the floor of the House by Speaker Abbas Tajudeen. In the letter, the lawmaker cited crisis at …

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180 members of minority caucus adopt Obi Aguocha’s call for Nnamdi Kanu’s release

180 members of minority caucus adopt Obi Aguocha’s call for Nnamdi Kanu’s release

One hundred and eighty members of the minority caucus of the 10th House of Representatives have adopted a motion by lawmaker, Obi Aguocha for the release of the leader of the Indigenous People of Biafra, Nnamdi Kanu. Aguocha, who represents the Ikwuano, Umuahia North and Umuahia South Federal Constituency, revealed this on Monday during a …

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Edo guber: Shaibu loses as Appeal Court re-affirms Ighodalo as PDP candidate

Edo guber: Shaibu loses as Appeal Court re-affirms Ighodalo as PDP candidate

The Court of Appeal sitting in Abuja presided over by Justice A. M. Lamido, has reaffirmed the nomination of Asue Ighodalo as the governorship candidate of the Peoples Democratic Party, PDP, in Edo State. In a unanimous judgment delivered by Justice Lamido in the suit marked CA/ABJ/CV/642/2024, the appellate court on Monday threw out an appeal …

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