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…
A 9-year-old malaria patient, Rumaisa Sadiq, has been reportedly raped to death by an acclaimed chemist in Jaba, Fanisau Unogo Local Government Area of Kano State. Kano State Commissioner of Women Affairs, Disabled and Children, Hajia Aisha Saji, who confirmed the victim’s death in a statement, said justice would be served. She said despite moves…
The Peoples Democratic Party (PDP) and the Labour Party (LP) on Tuesday lost one lawmaker each in the House of Representatives to the ruling All Progressives Congress (APC). The defectors — Hon. Peter Akpanke and Hon. Paul Nnamchi — formally announced their switch during plenary, with their defection letters read by Speaker Tajudeen Abbas. Akpanke,…
GISTSMATE MEDIA reports that the Federal Road Safety Corps (FRSC), Kaduna Sector Command, on Saturday confirmed seven passengers dead in a road traffic crash at Hayin Gada, Kaduna. The Sector Commander, Mr Kabir Nadabo, confirmed the accident to the News Agency of Nigeria (NAN) in Kaduna. Nadabo said, “The road traffic crash occurred at Hayin…
Nigeria witnessed cryptocurrency transactions exceeding $50 billion between July 2023 and June 2024, according to the Director-General of the Securities and Exchange Commission (SEC), Dr. Emomotimi Agama. With an exchange rate of N1,500 to the Dollar, the amount translates into N75 trillion, about two-thirds of the capitalization of the Nigerian equities market capitalization currently at…
The High Court of the Federal Capital Territory FCT has said that the international Passport of the immediate past Governor of Kogi State, Yahaya Bello, was not in its custody but in the custody of the Federal High Court, Abuja. At the resumed hearing of the alleged money laundering case instituted by the Economic and…
At least 37 cattle were shot dead at Tashek community of Riyom local government area of Plateau state, on Sunday. According to the state chapter of Miyetti Allah Cattle Breeders Association of Nigeria (MACBAN), Ibrahim. Yusuf Babayo, the incident occurred around 1: pm. The latest attack occurred barely a week after a similar incident in…
Two men identified as Aliyu Hussaini, and Amir Zakariyya were on Monday sentenced to death by hanging for stabbing Buhari Imam, a lecturer with the Northwest University Kano to death. Hussaini of Sheka Sabuwar Abuja Quarters, and Zakariyya of Unguwar Malam Quarters, Kumbotso Local Government Area, were convicted on a three-count charge of conspiracy, armed…
An explosion has rocked the Trans-Niger Pipeline at Bodo, Gokana Local Government Area of Rivers State. The affected section of the major pipeline is currently on fire, though the exact cause of the explosion remains unknown at this time. The explosion reportedly occurred on Monday night along the critical export pipeline that transports crude to…
Federal Government has officially launched the website for the upcoming National Youth Conference, marking a significant milestone in its commitment to youth engagement and empowerment. The newly launched website, nationalyouthconfab.gov.ng, will serve as the central hub for information, registration, updates, and participation in the highly anticipated conference scheduled to take place later this year. Designed…