Category: news
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The Central Bank of Nigeria’s (CBN) Monetary Policy Committee (MPC) has decided to keep the country’s benchmark interest rate, the Monetary Policy Rate (MPR), unchanged at 26.5%. The decision was announced after the committee’s meeting held in Abuja on July between 20-21, 2026. CBN Governor Olayemi Cardoso explained that while domestic economic indicators show resilience…
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Team Nigeria’s first batch of athletes and officials has departed its training camp in Aberdeen, Scotland, for Glasgow ahead of the 2026 Commonwealth Games, which begin in three days. The second batch is expected to join the team in the Games Village on Friday. Sprinter Favour Ashe praised the National Sports Commission for providing quality…
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The Lagos State Government has launched a capacity-building programme for 17 accredited accelerator organisations under its Lagos State Access to Finance for SMEs through Cooperatives initiative, LASMECO. The programme is designed to help Micro, Small and Medium Enterprises access affordable loans at a fixed interest rate of nine per cent through registered cooperative societies. The…
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Nicaragua’s long-serving President Daniel Ortega has declared that the country will no longer hold elections, as he continues to rule alongside his wife, Rosario Murillo. Ortega, who has been in power since 2007, made the announcement during a speech marking the anniversary of the 1979 Sandinista revolution. The United Nations has accused Ortega and Murillo of…
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The Federal Government has revived 16 abandoned digital e-library projects across Federal Unity Colleges and inaugurated a modern digital hub at the Federal Government College, Kano. Minister of Education, Dr Tunji Alausa, said the initiative is part of efforts to modernise public schools and expand access to technology-driven learning. The Kano digital hub features solar power…
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The Lagos State Government has paid N3 billion in compensation to 331 property owners whose lands were acquired for strategic road projects across the state. Governor Babajide Sanwo-Olu presented the cheques, saying the payment was in line with the Land Use Act and the government’s legal and moral obligation to affected residents. He said the road…
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Spain has risen to the top of the FIFA Men’s World Rankings after defeating Argentina 1-0 in extra time to win the 2026 FIFA World Cup. Ferran Torres’ decisive goal in the final helped La Roja gain enough ranking points to move into first place with 1,995.88 points, overtaking Argentina, who drop to second on…
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The Economic Community of West African States (ECOWAS) has signed the Intergovernmental Agreement for the African Atlantic Gas Pipeline, bringing the Nigeria-Morocco gas pipeline project closer to implementation. The agreement, signed at the ECOWAS Summit in Freetown, Sierra Leone, provides the sovereign backing required to move the project towards construction. The nearly 6,900-kilometre pipeline, jointly…
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UK Conservative Party leader Kemi Badenoch has congratulated Andy Burnham on becoming Britain’s new prime minister while pledging to hold his government accountable as Leader of the Opposition. In a statement on Monday, Badenoch wished Burnham success but said Britain needs “a leader who can take difficult decisions, not a people pleaser.” She welcomed reports…
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The Head of the Civil Service of the Federation, Didi Walson-Jack, has told the House of Representatives that her office never allocated office space to the embattled Presidential Foreign Investment Promotion Council (PFIPC). Appearing before the House Ad-hoc Committee investigating alleged fraud linked to the council, Walson-Jack said the office reportedly occupied by the PFIPC…
