NBS: Inflation rate hits 18.17% in March

The National Bureau of Statistics (NBS) report shows that, inflation rate rose by 18.17 per cent in March 2021, being 0.82 per cent points higher than the 17.33 per cent in February 2021. Analysis showed that on a month-on-month basis, the Headline index increased by 1.56 per cent in March 2021. This is 0.02 percentage points higher than the rate recorded in February 2021 (1.54 per cent). The urban inflation rate increased by 18.76 per cent (year-on-year) in March 2021 from 17.92 per cent recorded in February 2021, while the…

Read More

You lied! Obaseki replies Finance minister over denial of printed N60bn

The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed’s statement that Nigeria’s debt was at a sustainable limit, has drawn a response from the Edo State Governor, Godwin Obaseki, who advised the finance minister to ‘rally Nigerians to stem the obvious fiscal slide facing the country’. Recall that last week, the Edo State government said the Federal Government printed about N50-N60 billion to share in March. While speaking on the state of the economy, Obaseki said: “Nigeria has changed. The economy of Nigeria is not the same again…

Read More

FIRSTBANK HOSTS WEBINAR TO SENSITISE INDIVIDUALS AND BUSINESSES ON STAYING PROTECTED IN THE INFORMATION AGE

First Bank of Nigeria Limited, Nigeria’s leading financial inclusion services provider has announced a webinar to sensitise individuals and businesses with useful information on being protected in today’s digital age. The virtual event is scheduled to hold by noon on Friday, 16 April 2021 with “Staying Protected Amidst the Pandemic Chaos” being the topic to be discussed at the event. Registration is ongoing for the event via the link https://firstbanknigeria.zoom.us/webinar/register/WN_PUnqA7enTMG8o0OfOaWxlg Today’s world, largely referred to as the digital age has been influenced by information technology which has optimised the way…

Read More

Government should be proactive on child abuse cases -Chief (Mrs.) Eleto

The CEO of Inclusive Social Welfare Empowerment Foundation, Chief (Mrs.) Pat Eleto has urged the government to be proactive in handling the growing cases of child molestation In Nigeria. She said this, after one Nurudeen Nasiru, a 20year old sex offender was arraigned at the Ebute Meta Magistrate Court, Lagos for a case of sexual assault on a minor. The victim, aged 11, reported the case of repeated molestation by the defendant, and the Inclusive Social Welfare Foundation swung into action by following up, to ensure that the defendant is…

Read More

Yoruba Nation’s Sovereignty Cannot Be Negotiated – Iseoluwa Ayomide, Yoruba Youths Movement Convener

A maxim said; “Why some people feel more comfortable in the “margin” of society, may simply be that it imparts them more breathing space, shores up their identity, embodies a gateway to self-determination, and confers them a sense of sovereignty, allowing more time for stressless apprehension and thoughtful reflection.” This aptly describes what Oduduwa Youth Movement Council, a regional group fighting for the sovereignty of Yoruba land is all about. When months ago a group of Yoruba youths gathered together and conceptualized the idea of Oduduwa Youth Movement Council to…

Read More

El-Rufai to bandits: “You have lost your rights to live”

Governor of Kaduna State, Nasir el-Rufai advised security forces to take the war to the terrorists so as to recover the ungoverned forests that they occupy. El-Rufai said: “These bandits have lost their right to life under our Constitution and must be wiped out in their entirety. “There is no other way to approach the current insurgency situation today as far as governmental action is concerned. “The situation in which the security agencies mostly only react to cases of banditry and abduction is unacceptable. “We are in a war with…

Read More

NLC suspends three-day warning strike in Kano

A three-day industrial action scheduled for Thursday, by the Nigeria Labour Congress (NLC) Kano State chapter has been suspended. The strike was planned to express its displeasure over the non-payment of N30,000 minimum wage for the month of March 2021. This was just as the state government said that the deduction from March salary will be paid along with April salary if the federal allocation accruing to the state is improved. However, the state NLC bowed to pressure and shelved the strike. The union also suspended the proposed peaceful protest…

Read More

Kaduna student contradicts Army, says bandits release them voluntarily

An abducted student of Federal College of Forestry Mechanization, Afaka, Mando, Kaduna State, has narrated how five of the 39 students were released from captivity. Francis Paul, a 200 Level Student of Agriculture Technology at the institution, who was one of the freed victims, reunited with their families on Wednesday, said the bandits released them voluntarily. He said: “One afternoon, they (the bandits) came and started selecting us… I was very ill that day. So, they asked me to sit aside and they added some girls and put us on…

Read More

Afenifere denies endorsing any presidential aspirant for 2023

The Pan-Yoruba socio-cultural group, Afenifere, has denied reports circulating that the body has endorsed the presidential bid of any aspirant for the 2023 presidential election. This followed a statement by the leader of South West Agenda, SWAGA, Prince Dayo Adeyeye, purporting that his group secured support of Afenifere for its candidate during a visit to Pa Reuben Fasoranti, erstwhile Afenifere leader, during the week. However , Afenifere, in a statement by its Director of Communications, Sola Lawal, stated that the group was still mourning its late Publicity Secretary, Yinka Odumakin,…

Read More