Recession: CBN Retains Lending Rate At 11.5%

The Monetary Policy Committee of the Central Bank of Nigeria has retained the Monetary Policy Rate at 11.5 per cent. The CBN Governor, Godwin Emefiele, disclosed this after the committee’s two-day meeting in Abuja on Tuesday. It also retained the Cash Reserve Ratio and Liquidity Ratio at 27.5 per cent and 30 per cent respectively. At the last MPC meeting in September, the committee reduced the MPR from 12.5 per cent to 11.5 per cent. This is coming days after Nigeria entered second recession in five years as official figures…

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Senate Receives Buhari’s Request To Confirm Yakubu As INEC Chair

The Senate has received President Muhammadu Buhari’s request to confirm Prof. Mahmood Yakubu, who was re-appointed as chairman of Independent National Electoral Commission INEC. Yakubu who was first appointed as INEC chairman on 21st October, 2015 by President Muhammadu Buhari. He was reappointed after his first tenure lapsed in October this year. Senate President Ahmad Lawan read Buhari’s letter seeking Yakubu’s confirmation at the resumption of plenary on Tuesday. Buhari urged the Senate to be expeditious in considering his request. Spread the love

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Terrorism: President Buhari Insists Libya Instability Still Affecting Nigeria

President Muhammadu Buhari has said that the instability in Libya after 42 years of Muammar Gaddafi is still affecting countries in the Sahel region, including Nigeria as gunmen have continued to wreak havoc. He said this Tuesday at State House, Abuja, while receiving a Special Envoy from Chad. President Buhari said in a statement issued by his spokesman, Femi Adesina. The President, who said he was aware of the problem Chad has with Libya, which backs some Chadian rebels trying to destabilise the country, promised that Nigeria will always be…

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Ondo Assembly Impeaches Deputy Speaker

The Deputy Speaker of the Ondo State House of Assembly, Honourable Ogundeji Iroju has been impeached. He was impeached on Tuesday and immediately replaced by Honourable Aderoboye Samuel representing Odigbo Constituency 2. The former Deputy Speaker, Iroju Ogundeji in a parliamentary resolution presented by Honourable Tomide Akinrogunde was alleged of gross misconduct inimical to the progress of the House. The Speaker of the House, Oleyelogun Bamidele David, called for nomination and Rt. Honourable Aderoboye Samuel was elected through a majority voice vote. Hon. Aderoboye Samuel was Deputy Speaker of the…

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NAFDAC Warns Against Use Of Sniper As Food Stuff Preservatives

The National Agency for Food and Drug Administration and Control has warned Nigerians against the use of Sniper and other brands of ‘’Dichlorvos’’ (DDVP) as preservatives for foodstuff.   The Director-General of NAFDAC, Professor Mojisola Adeyeye who gave the warning said the continuous misuse and misapplication of Sniper and other brands of Dichlorvos by the public, especially grain merchants, beans aggregators and dried fish sellers could lead to serious health implications and even death. She said the misuse of the dangerous agrochemicals in the preservation of foodstuffs is replete with…

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Experts Raise Concern Over Nigeria’s Inability To Meet FP 2020 Commitment

Inadequate allocation of sufficient resources to family planning, FP, as well as Minimum advocacy to meet the funding gap for FP have been identified as some of the barriers limiting the success of Nigeria’s commitment to Family Planning. This was made known  by health experts  at a webinar tagged ‘FP2020 Commitments ; Key Findings from the use of the Motion Tracker in 2019 and 2020 organised by Africa Health Budget Network, AHBN. The minister of health Dr. Osage Ehanire represented by the Director and Head of Reproductive Health, Departmemt Federal…

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UPDATE: WAEC Releases 2020 SSCE Results, 215,149 Candidates Results Withhold

The West African Examinations Council, on Monday, announced that it withheld the results of 215,149 candidates who sat for the 2020 West African Senior School Certificate Examination in Nigeria. The Council said the results of the candidates representing 13.98% of the total number of candidates who wrote the examination are being withheld in connection with various reported cases of examination malpractice. The Head of WAEC Nigeria, Patrick Areghan, made this know at a briefing in Lagos while announcing the official release of the results of this year’s WASSCE. He said,…

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FG Tells Hospitals To Seek Alternative Sources Of Funding

The Minister of Health, Osagie Ehanire, has advised hospitals to seek alternative sources of funding to ensure quality health service delivery. He gave the advice at the weekend while inspecting facilities at the National Hospital, Abuja. Health Correspondent Joseph Kadiri reports the Minister as saying additional resources from partnership with the private sector and others would help in service delivery. He also enjoined hospitals to spend their resources wisely as government alone might not provide all the needed resources given other competing needs. The minister said the country was still…

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#ENDSARS: 1,993 Inmates Escape From Benin, Oko Custodial Centres …FG

The federal government has on Tuesday says 1,993 inmates escaped from Benin City and Oko custodial center after some protesters believed to be under the #ENDSARS attacked the centers on Monday. This is contained in a statement issued by Ministry of Interior Director, Press & Public Relations Mohammed Manga who said: “Two Nigerian Correctional Service (NCoS) Custodial Centres in Benin City and Oko in Edo State were attacked yesterday by protesters purportedly under the #ENDSARS aegis, freeing (at the last count) 1,993 inmates in legal custody and looting the centres,…

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NASS LEADERSHIP MEETS PRES. BUHARI, CALLS FOR END TO #ENDSARS PROTEST

The leadership of the National Assembly says it is time for the #ENDSARS protest currently going on in most parts of the country to stop. The Senate President,  Ahmed Lawan and Speaker of the House of Representatives,  Femi Gbajabiamila spoke to journalists today after meeting with president Muhammadu Buhari at the presidential villa ITV statehouse correspondent Ikharo Attah completes the Report. The leadership of the National Assembly says it is time for the #EndSARS protest currently going on in most parts of the… Posted by Independent Television-ITV Abuja on Sunday, 18…

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