3 hours ago
The Central Bank of Nigeria (CBN) Governor, Olayemi Cardoso, said the bank would keep interest rates high until inflation subsides by implementing orthodox policies. Cardoso disclosed this during an interview with the Financial Times. He said that the Monetary Policy Committee (MPC), which he chairs, would do whatever is necessary to tame soaring inflation. This…
4 hours ago
A 30-year-old woman, Comfort Yughemba, was, on Tuesday, remanded by a Makurdi Magistrates’ Court for allegedly resisting arrest, assaulting a police officer, robbery, raising false alarm and inciting breach of public peace. The Magistrate, Christy Ikpe, who did not take the defendant’s plea for want of jurisdiction, adjourned the case till June 19 for further…
4 hours ago
The Ministry of Aviation and Aerospace Development said on Monday that the introduction of helicopter landing levies was in line with global best practices and cost recovery measures. This is contained in a statement by Mr Odutayo Oluseyi, Head, Press and Public Affairs of the ministry in Lagos. According to Oluseyi, the ministry recognises the…
5 hours ago
The absence of former Minister of Aviation, Hadi Sirika, and his brother, Ahmad Sirika at the Federal Capital Territory High Court Abuja in the alleged 19.4bn fraud stalled his arraignment on Tuesday. At Tuesday’s proceedings when the matter was called, O.A Atulagbe prosecuting counsel for the Economic and Financial Crime Commission (EFCC) told the court…
5 hours ago
The National Agency for Food and Drug Administration and Control (NAFDAC) says it has sealed two unregistered factories in Lafia and Obi Local Government Areas of Nasarawa state. Mr Matthew Adeoye, NAFDAC Coordinator in the state, disclosed this in an interview with the News Agency of Nigeria (NAN) on Tuesday in Lafia. According to him,…
