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Naira faces fresh risk as Fed hikes interest rate by 50bps

By Geoff Iyatse For the first time in 22 years, the Federal Open Market Committee (FOMC), a rate-fixing committee within the Federal Reserve System, has raised the interest rate by 50 basis points, as a continuation of its aggressive effort to rein in inflation. After a marathon meeting that sent jitters across the global market, […]

Move to ban Russian oil threatens Nigeria’s fiscal stability

By Kingsley Jeremiah, Abuja • India may dump country for discounted Russian crude Nigeria may face fresh hurdles as the geo-political tension in Europe, yesterday, escalated with moves to officially ban Russian crude oil. The European Commission proposed a full ban on Russian crude oil following the continued attack on Ukraine. The proposed ban, which […]

Steer clear of Biafra matters or you’ll regret: IPOB warns Apostle Suleman

Steer clear of Biafra matters or you’ll regret: IPOB warns Apostle Suleman Apostle Suleman The Indigenous People of Biafra, IPOB, has warned Apostle Johnson Suleman to steer clear of Biafra nation matters or face the consequence. IPOB, in a statement by its spokesman, Emma Powerful said its attention had been drawn to the unprovoked verbal […]

Nollywood actor David Osagie is dead, less that 24 hours after appearing on a movie set

Nollywood actor, David Osagie has reportedly died less that 24 hours after appearing on a movie set. His death was announced on Wednesday by a fellow actor, Ngozi Ezeh. She explained that the actor was not sick but slept and didn’t wake up the following day. He had appeared on a movie set of Tuesday. […]

PDP gives Obasanjo 48 hours to clarify his statement on Atiku

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