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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 MorePolice in search of woman who dumped newborn baby inside toilet
Police are on the trail of a yet to be identified woman who dumped a newborn baby boy in an abandoned pit latrine at Bako village, Kwali Area Council, Abuja. A resident of the community said the incident happened around 8:12 pm after a man, identified as Bitrus, who went to defecate near the abandoned toilet discovered the baby. He said the cry of the baby attracted the man who alerted other members of the community. He said the police were called and they rescued the baby. “It was a…
Read MoreYou 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 MoreFIRSTBANK 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 MoreGovernment 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 MoreYoruba 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 MoreUnity Bank’s consistently Improved Growth excites shareholders
Our attention has been drawn to some online reports on purported action of the board of Unity Bank on the performance of the Bank. The Bank has a cohesive board that is working harmoniously with the Executive Management team led by Mrs. Tomi Somefun (MD/CEO) to drive the growth of the Bank. This was contained in a press statement by Mr. Matthew Obiazikwor, UH, Internal & External Communications to us. The management of the Bank, with the support of its Board has made inroads into key sectors of the economy…
Read MorePregnant lawyer allegedly beaten to death by husband
The alleged killing of a lawyer, Adaeze Ikpeama, by her husband, Anthony, has been condemned by the Nigerian Bar Association Women Forum. It was gathered that the six-month pregnant Adaeze was allegedly beaten by her husband at their residence in Lagos on Saturday, which made her unconscious. It was further learnt that Adaeze was rushed to a hospital, where she was placed on oxygen. The deceased’s colleague, Chukwudi Iwuchukwu, who chronicled the incident on his Facebook page, alleged that Anthony went to the hospital to remove the oxygen mask, which…
Read MoreEFCC arrests Rochas Okorocha over alleged money laundering
The Economic and Financial Crimes Commission, EFCC, confirmed on Tuesday through its spokesman, Wilson Uwujaren that the former governor of Imo state, Owelle Rochas Okorocha, has been arrested over alleged money laundering. Okorocha was arrested at the agency’s office in Abuja. Details later. Share on: WhatsApp
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