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Senate Advances Bill to Amend National Assembly Pension Board Act, Proposes Return to Contributory Scheme

Senate Advances Bill to Amend National Assembly Pension Board Act, Proposes Return to Contributory Scheme

by Favour Owonibi | May 21, 2025 | NEWS, Politics

The Senate has passed the second reading of a bill seeking to amend the National Assembly Service Pension Board Act, 2023. Senate Leader Michael Opeyemi Bamidele (Ekiti Central) presented the lead debate, He explained that the amendment aims to revert pensioners to...
CBN Retains Interest Rate at 27.5%, Cites Easing Inflation and Need for Economic Stability

CBN Retains Interest Rate at 27.5%, Cites Easing Inflation and Need for Economic Stability

by Favour Owonibi | May 21, 2025 | Business/Finance, Economics, NEWS

The Central Bank of Nigeria (CBN) has retained all monetary policy parameters, including the benchmark interest rate at 27.5%, This developmeny came following the Monetary Policy Committee (MPC) meeting held on 19th to 20th of May CBN Governor Olayemi Cardoso...
CBN Governor Cardoso Declares Nigerian Economy Stable, Cites Rising Investor Confidence

CBN Governor Cardoso Declares Nigerian Economy Stable, Cites Rising Investor Confidence

by Favour Owonibi | May 21, 2025 | Business/Finance, Economics, NEWS

Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has declared the Nigerian economy stable, citing improved investor confidence over the past 18 months. Cardoso made the remarks on Tuesday during a press briefing following the 300th Monetary Policy...
FG Takes Over 753-Unit Housing Estate Linked to Ex-CBN Governor Emefiele

FG Takes Over 753-Unit Housing Estate Linked to Ex-CBN Governor Emefiele

by Favour Owonibi | May 21, 2025 | NEWS, Politics

‎The Federal Government has officially taken delivery of a 753-unit housing estate formerly owned by the embattled former governor of the Central Bank of Nigeria, Godwin Emefiele. ‎ ‎The Ministry of Housing and Urban Development disclosed this in a statement on...
Alcaraz Ends Sinner’s 26-Match Streak with Dominant Win in Italian Open Final

Alcaraz Ends Sinner’s 26-Match Streak with Dominant Win in Italian Open Final

by Favour Owonibi | May 19, 2025 | International, NEWS, Sports

Carlos Alcaraz has ended world number one Jannik Sinner’s 26-match winning streak with a 7-6 (7-5) 6-1 win in the Italian Open final. ‎ ‎Sinner, playing in his first tournament since a three-month doping ban, was hoping to become the first Italian men’s...
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