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…
Former Vice President Atiku Abubakar has declared that his political ambition is not driven by desperation for power but by a vision for a better Nigeria. Atiku, who contested the 2023 presidential election on the platform of the Peoples Democratic Party (PDP) before recently defecting to the African Democratic Congress (ADC), made this known at…
GISTSMATE MEDIA reports that President Bola Ahmed Tinubu has announced the approval of two appointments into his administration. In a statement on Monday, his Special Adviser on Information and Strategy, Bayo Onanuga, announced that Ms. Rinsola Abiola has been named Director-General of the Citizenship and Leadership Training Centre (CLTC). Abiola, a specialist in strategic communication…
The Federal Government has announced the exemption of 63 items from Value-Added Tax (VAT), as part of its latest fiscal reforms. This was revealed by the Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, via a post on X (formerly Twitter) on Friday. The exemptions are outlined in the official…
GISTSMATE MEDIA reports that the Federal Government has approved N4bn for conditional cash transfers to vulnerable households in Nigeria. During the launch of the 2025 Nigeria Humanitarian Needs and Response Plan at the United Nations House in Abuja on Thursday, the Minister of Humanitarian Affairs and Poverty Reduction, Professor Nentawe Yilwada, announced the interventions aimed…
Justice Nwosu-Iheme of the High Court of the Federal Capital Territory (FCT), sitting at Wude Zone 2, Abuja, today sentenced the husband of late gospel singer, Osinachi, Peter Nwachukwu, to death by hanging having found him guilty of culpable homicide resulting in the death of the deceased on April 8, 2022. The judge sentenced Nwachukwu…
Controversial Nigerian singer Habeeb Okikiola, popularly known as Portable, has expressed displeasure over comparisons between his facial tattoos and those of fellow artiste Asake. Asake recently stirred reactions on social media after unveiling his new facial tattoos, which feature dollar signs and the inscription “Believe,” among others, in an Instagram post on Sunday. The tattoos…
Hon. Sulaimon Musa Olalekan, the Senior Special Assistant to the Governor on Community Engagement, has extended warm Christmas greetings to His Excellency, Governor Ademola Adeleke, and the entire people of Osun State. In his Christmas message, Hon. Sulaimon described the season as a profound reminder of love, peace, sacrifice, and renewed hope, values which,…
Popular Ibadan-based radio presenter, Oriyomi Hamzat, has debunked the claim that he owns the trending ‘Oyo n pe o’ mantra, meaning ‘Oyo is calling you’, amidst allegations that he wants to contest in the forthcoming 2027 election. Hamzat made the declaration during a livestream on Instagram on Monday. The Chief Executive Officer of Agidigbo 88.7…
Following his arraignment for impersonation on Friday, social media critic, Martins Otse aka VeryDarkMan has been granted bail in the sum of N2 million with two sureties in like sum. The court also ordered VeryDarkMan to deposit his international passports and any other means of identification. The Police had arraigned VDM as he’s popularly called…
