• CBN Retains Interest Rate At 26.5% After MPC Meeting

    CBN Retains Interest Rate At 26.5% After MPC Meeting0

    The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has retained the country’s benchmark interest rate, known as the Monetary Policy Rate (MPR), at 26.5%. The decision was reached during the committee’s 305th meeting held in Abuja, with all 11 MPC members participating in deliberations on inflation, lending conditions, and the broader

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  • Desmond Elliot Loses APC Primary Return Ticket To Odunuga-Bakare

    Desmond Elliot Loses APC Primary Return Ticket To Odunuga-Bakare0

    Popular Nollywood actor and Lagos lawmaker, Desmond Elliot, has lost the All Progressives Congress (APC) primary election for Surulere Constituency I ahead of the 2027 Lagos State House of Assembly election. Elliot was defeated by Barakat Odunuga-Bakare, the immediate past Special Adviser on Housing to Governor Babajide Sanwo-Olu. The outcome ends Elliot’s bid to secure

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  • Court Battle Over Alleged “Secret Billions” Puts Tinubu’s Revenue Drive Under Scrutiny

    Court Battle Over Alleged “Secret Billions” Puts Tinubu’s Revenue Drive Under Scrutiny0

    A legal battle at the Federal High Court in Abuja is drawing attention to transparency concerns surrounding the National Revenue Service (NRS), with implications for President Bola Tinubu’s ongoing revenue reform agenda. The suit, filed by public interest lawyer President Aigbokhan, challenges the refusal of the NRS to release procurement documents linked to several multi-billion

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