CBN’s monetary policy committee raises interest rate to 13% The Monetary Policy Committee of the Central Bank of Nigeria has voted unanimously to raise the benchmark interest rate to 13% after over two years of expansionary monetary policy. This was disclosed by the Governor of the CBN, Godwin Emefiele, while reading the communique of the…

After securing just two votes at the Peoples Democratic Party (PDP) primaries in Kaduna North Federal Constituency of the House of Representatives, Adam Namadi, son of former Vice-President Namadi Sambo, has reportedly asked delegates to refund the N2 million each he doled out before the election. Namadi, who had promised to add N1.5 million to…

This is despite Malami’s withdrawal from the governorship race last week Friday. The Attorney-General of the Federation and Minister of Justice, Abubakar Malami, has been cleared by the screening committee of the All Progressives Congress to contest the 2023 Kebbi governorship election. This is despite Malami’s withdrawal from the governorship race last week Friday. SaharaReporters…

The screening of presidential aspirants by the All Progressives Congress (APC) earlier scheduled for today has been postponed. This is coming on the heels of meetings President Muhammadu Buhari has scheduled with APC governors, National Assembly caucus and presidential aspirants towards arriving at a consensus presidential candidate for the party. Daily Sun gathered that the…

As the 2023 general elections gather momentum, the South-East appears not close to realizing its ambition of producing President Muhammadu Buhari’s successor or a Vice President. It could be recalled that the National Executive Committee of the Peoples Democratic Party (PDP), the highest decision-making body of the party, had thrown the presidential ticket of the…

Ebonyi State Governor, Dave Umahi has identified the unknown gunmen terrorising southeast Nigeria and killing people as those who hail from the region and not outsiders. Some southeasters and the Indigenous People of Biafra (IPOB) have accused some governors in the region of sponsoring outsiders to terrorise the southeast. But while answering questions regarding the…

Some suspected northerners have been killed across Anambra state today by unknown gunmen in a series of attack. One of such attacks was at Eke Adazi Nnukwu market, Anambra by unknown gunmen. Also an attack was carried out at Agulu resulting in unspecified number of casualties. An attack has also been carried out by unknown…

LOWDOWN: Lawan, Tinubu, Amaechi, Osinbajo… the titans in the APC presidential race The All Progressives Congress (APC) is, on paper, the favourite to win the 2023 presidential election — by virtual of being the ruling party. That is why utmost attention was paid to those who bought the presidential nomination forms despite the N100 million…

Ahead of the All Progressives Congress (APC) party primaries coming up this week, the vicepresident has visited states in all the six geo-political zones, while actively ensuring that all responsibilities within his office as the vice president are being handled adequately. From his visits and engagements, one thing that has come out strongly is the…

Godwin Emefiele, Governor of the Central Bank of Nigeria (CBN), on Monday withdrew the suit he filed against the Independent National Electoral Commission (INEC) and the Attorney-General of the Federation over his presidential ambition. Emefiele, through his counsel, S.T. Maliki, told Justice Ahmed Mohammed that a notice of discontinuance had been filed and served on…