Reading Time: 2 minutes During February, Nigeria observed a substantial deceleration in business operations alongside heightened inflationary pressures within the private sector, as unveiled by the latest Purchasing Managers’ Index (PMI) report from Stanbic IBTC Bank. The primary PMI plummeted significantly to 51 from January’s 54.5,…
Reading Time: 2 minutes The Central Bank of Nigeria (CBN) has made public its decision to revoke the licenses of 4,173 Bureau de Change (BDC) operators nationwide. In a statement issued by the Acting Director of Corporate Communications, Sidi Ali Hakama, the CBN clarified that the…
Reading Time: 2 minutes Governor Bala Mohammed of Bauchi State has been designated to spearhead a ten-member committee tasked with reconciling disgruntled party members subsequent to the recently concluded Edo State governorship primaries conducted by the People’s Democratic Party (PDP). The appointment aims to address internal…
Reading Time: 2 minutes The final rites for Abimbola Ogunbanjo, the esteemed Group Chairman of the Nigerian Exchange Group, were solemnized at the family homestead in Erunwon, situated within the Ijebuode local government area of Ogun State. The somber occasion drew together a gathering of family…
Reading Time: 2 minutes Vice President Kashim Shettima lauded President Bola Tinubu for his altruistic sacrifices aimed at propelling the nation’s interests forward. Shettima underscored the crucial role of religious dedication in addressing the intricate challenges facing Nigeria. He conveyed these sentiments while hosting a delegation…
Reading Time: 2 minutes The decision by the Russian government to enact a six-month prohibition on petrol exports commencing today aims to secure an ample reservoir of fuel to meet domestic exigencies. Despite holding the distinction of being the globe’s third-largest petroleum producer, Russia has encountered…
Reading Time: 2 minutes Nyesom Wike, the Minister overseeing the Federal Capital Territory (FCT), has expressed sanguinity regarding the enduring political coalition that propelled President Tinubu to victory in Rivers State. Addressing attendees during a gratitude-filled gathering in Koroma, Tai Local Government Area (LGA) of Rivers…
Reading Time: 2 minutes In Plateau State, Sylvanus Namang, the Publicity Secretary of the All Progressives Congress (APC) in the region, along with another individual, became prey to unidentified assailants in a lamentable incident. Reports suggest that the assault occurred at a leisure facility in Pankshin…
Reading Time: 2 minutes In Zamfara State, marauding insurgents perpetrated a bold onslaught on the Divisional Headquarters of the Nigerian Police stationed in Zurmi town, which serves as the nerve center of Zurmi Local Government Area of the state. The insurgents reportedly invaded the town during…
Reading Time: < 1 minute President Bola Tinubu has authorized the prompt enhancement of critical health infrastructure and apparatus spanning all six geopolitical zones, aligning with his administration’s objective to overhaul the health and social welfare sector for improved service provision nationwide. As part of President…
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