politics

The policy-setting committee of the Central Bank of Nigeria (CBN) has voted to raise the monetary policy rate (MPR), which measures interest rate, to 13 percent to tame rising inflation. The monetary policy rate (MPR) is the baseline interest rate in an economy, every other interest rate used within an …

The Imo House of Assembly on Tuesday passed a bill for the establishment of the Imo Public Complaints, Financial Crimes and anti Corruption Commission and other related matters. The 67 section bill was presented by the Majority Leader, Mr Kanayo Onyemaechi (APC Owerri) at the plenary session of the house …

Coalition for Peter Obi, a political group has asked the former Anambra governor to pursue his presidential bid in another political party. Obi is one of the presidential hopefuls of the Peoples Democratic Party (PDP). In a statement on Tuesday, Zubairu Mohammad, spokesman of the coalition, alleged that some PDP …

Rochas Okorocha, a presidential candidate for the All Progressives Congress, has allegedly been held hostage. The remark was made by Okorocha in response to the presence of EFCC operatives in his Abuja residence. The Imo West senator’s residence in Abuja’s Maitama neighborhood was besieged by EFCC operatives on Tuesday. In reaction to their …

Former Enugu State Governor Chimaroke Nnamani won the Peoples Democratic Party (PDP) Senatorial primary election held in Enugu East District on Tuesday. Sources reports that all the valid votes cast at the election went to the former Governor, who is currently representing the zone. The primary election drew a total …

Adam Namadi, son of former Vice-President Namadi Sambo has reportedly requested delegates to refund the N2 million each he doled out before the election. This development came after securing just two votes at the Peoples Democratic Party (PDP) primaries in Kaduna North Federal Constituency of the House of Representatives. Sources …

The Campaign Organisation of Prince Dotun Babayemi has warned that the Osun State governorship election scheduled for July 16 this year, should be devoid of thuggery and violence that could trigger destruction of lives and property. This was made known by the campaign organisation in reaction to the heels attack on …

Presidential aspirant, Jack-Rich, pledges establishment of International Trade Hub in South East An Industrialist and a frontline Presidential Aspirant of the All Progressives Congress (APC), Tein Jack-Rich, says he will establish an International Trade hub and a Manufacturing Centre of Excellence in the South-East, if elected President in 2023. Jack-Rich …

The Coalition of Northern Groups say it might resort to self-help regarding the killing of its kinsmen in the South-East. In a statement by the Spokesperson of CNG, Abdul-Azeez Suleiman, the group vows to retaliate against the killing of Nigerians of northern extraction who are domiciled in the south eastern …

Air Vice Marshal Napoleon Bali (rtd) has won the Plateau South Senatorial District ticket in the Peoples Democratic Party (PDP) primaries for the 2023 election. Bali, a former Chief of Policy and Plans (COPP) HQ NAF, received 141 votes to defeat Hon. Johnbull Shekarau, a former House of Representatives member, …