The governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso said interest rates would remain high until inflation rate comes down. Cardoso stated this in a Financial Times report on Monday. The CBN boss also said orthodox policies would be implemented to tame inflation. He said there is “every…
The Nigerian Labour Congress (NLC) has shut down the headquarters of Benin Electricity Distribution Company (BEDC) and Jos Electricity Distribution Company (JEDC) in Ondo state and Plateau State over electricity tariff hike. Nigeriancablenewsonline.com gathered that the labour union has blocked the main gates of the…
The role of social media in Nigerian politics cannot be overstated. Social media platforms such as Facebook, Twitter, Instagram, WhatsApp, and others have become integral to political discourse, mobilization, and information dissemination in Nigeria. These platforms have revolutionized the way politicians…
The 10th Africa Magic Viewers’ Choice Awards was held today at the Eko Hotel and Suites, Lagos State. The AMVCA, an annual award presented by MultiChoice, recognises outstanding achievements in television and film. Below is the list of winners: Best Makeup BBNaija All Stars: Adekunle Emerges First Head Of……
President Bola Ahmed Tinubu asked the Central Bank of Nigeria (CBN) to suspend the implementation of the controversial cybersecurity levy policy and ordered a review. Recall that CBN, on May 6, 2024, issued a circular mandating all banks, mobile money operators, and payment service providers to implement a new…
Former governor of Kogi State, Yahaya Bello on Friday, ultimately consented to present himself at the Federal High Court in Abuja for arraignment on June 13, regarding the corruption charges against him. This decision was conveyed by Bello’s chief counsel, Abdulwahab Mohammed, to Justice Emeka Nwite…
The Oyo state Independent National Electoral commission, OYSIEC, has presented certificates of return to the chairmen and vice chairmen-elect of the 33 local government councils in the state who emerged winners in the local government election conducted by the commission in April this year. The ceremony was…
Artificial intelligence (AI) is the technology that enables computers and machines to simulate human intelligence in a way that allows them to think, learn, solve problems and make decisions on their own. These computer systems use algorithms and existing data to analyze patterns and make predictions. Artificial…
Senate approves death penalty for hard drug dealers, importers The Senate has approved the death penalty as punishment for the importation of hard drugs into the country. This also applies to the manufacturing, trafficking, dealing in, or delivery of drugs by any means. The drugs specifically mentioned in a…
Oyo State Governor, Seyi Makinde has signed into law, Oyo State Project Monitoring Agency Bill 2024 into law. The bill was signed on Tuesday at the Governor’s office, Agodi, Secretariat, Ibadan. Governor Makinde, who announced that the agency will be headed by the Executive Assistant Project Monitoring, Engr. Open…