The Central Bank of Nigeria (CBN) has announced the retention of the Monetary Policy Rate (MPR) at 27.5%, following the conclusion of its 301st Monetary Policy Committee (MPC) meeting held on Tuesday, July 22, 2025. CBN Governor, Dr. Olayemi Cardoso, who briefed journalists after the meeting, said the committee’s decision to hold the rate steady…
Nigeria’s external reserves have climbed to $40.11 billion as of July 2025, according to the Central Bank Governor, Yemi Cardoso. He disclosed this during the Monetary Policy Committee (MPC) briefing held on Monday, July 22, 2025. Cardoso noted that the $40.11 billion reserve level represents approximately 9.5 months of import cover, signaling a significant boost…
The Actors Guild of Nigeria (AGN) has suspended actress Shirley Igwe indefinitely over the assault of a crew member on a film set in Lagos. AGN made this known in a letter signed by the national president, Emeka Rollas, on behalf of the filmmaking regulatory bodies. According to the letter, Shirley, who served as a…
Security operatives on Monday locked all gates leading to the national assembly complex, preventing Natasha Akpoti-Uduaghan from entering the premises as senate plenary resumes. Akpoti-Uduaghan, who represents Kogi central, had vowed to resume legislative duties following a court ruling that the senate should consider recalling her. Akpoti-Uduaghan was suspended in March over alleged misconduct on…
The Osun State Governor, Ademola Adeleke and the members of the Peoples Democratic Party in Osun have endorsed President Bola Tinubu as their candidate for the 2027 general election. Adeleke made this known in a post shared via his X (Formerly Twitter) handle on Tuesday. He wrote, “Our party in Osun has also endorsed President…
Senator Natasha Akpoti-Uduaghan has made her way into the National Assembly premises in Abuja, after she was initially denied access. The lawmaker who is serving a six-month suspension by the upper lawmaking body had vowed to resume sitting in the NASS chambers after a court verdict asking the Senate to recall her. However, when she…
The Peoples Democratic Party (PDP) has said it has more supporters and followers than any other political party to claim the position of Nigeria’s leading opposition party to the ruling All Progressives Congress (APC). Addressing reporters yesterday at the party’s national secretariat at Wadata Plaza in Wuse, Abuja, PDP’s spokesman, Mr. Debo Ologunagba, described the…
There is increased security presence at the main gate of the National Assembly over plan by Senator Natasha Akpoti-Uduaghan to resume plenary today. An increased presence of security personnel, including armed guards, was observed at the complex’s entrance. The development has led to stricter checks and a more controlled environment for those entering the premises…
The African Democratic Congress (ADC) has said that the Peoples Democratic Party (PDP) and the Labour Party (LP), have failed Nigerians as opposition political parties, prompting its decision to step forward as the “next hope” for Nigerians. In a brief statement posted on its official X (formerly Twitter) handle on Tuesday, the ADC declared that…
American health experts are urging the public to stop using cotton buds to clean inside their ears, warning that the popular habit is doing more harm than good. According to Dr. Tonia L. Farmer, a board-certified otolaryngologist in Ohio, cotton swabs are not designed for ear cleaning and are often the root cause of serious…