Nigeria’s headline inflation rate increased from 33.20 per cent recorded in March, to 33.69 per cent in April 2024. This was Disclosed on Wednesday, by the National Bureau of Statistics, NBS. The data represents a month-over-month increase of 0.49 per cent points in the headline inflation rate, according to…
As FG, OPS offer N48,000, N54,000 respectively Organised Labour has pulled out of the ongoing minimum wage negotiations after the government and the organized private sector, OPS, made what labour described as “ridiculous offers” of N48, 000 and N54, 000 respectively. According to sources in the meeting,…
Th All Progressive Congress Executive Committee of Igbotako Ward II in Okitipupa council area of Ondo State, have suspended a governorship aspirant of the party, Senator Jimoh lbrahim for alleged anti-party activities. But in a swift response, the state Publicity Secretary of the party, Alex Kalejaye, said that the…
A 38-year-old man identified as Shafi’u Abubakar on Wednesday set ablaze a mosque while worshippers were praying in Gezawa area of Kano State. Information gathered revealed that Abubakar locked up the mosque, splashed petrol, and set the mosque ablaze when the worshippers were performing the early morning…
The embattled former Governor of the Central Bank of Nigeria, Godwin Emefiele, has pleaded not guilty to the allegation of approving the printing of N684.5 million at the rate of N18.96 billion. Emefiele said this during his arraignment on Wednesday by the Economic and Financial Crimes Commission on a four-count…
The Oyo State Government in collaboration with Global Partnership for Education (GPE), a World Bank assisted programme has disbursed grants for the renovation of fifty-eight public schools in the State. This was revealed by the Commissioner for Education, Science, and Technology, Prof. Salihu Abdulwaheed…
The Oyo State Mineral Development Agency has arrested 15 alleged illegal miners and impounded about 20 trucks laden with varieties of solid minerals. This big break in the war against illegal mining in the state was part of coordinated operation that also saw two foreigners among those arrested at the…
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…