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Day: September 24, 2024

Nigeria hosts 1.2m international visitors in 2023 – Tourism minister

The minister expressed optimism that the figures would be multiplied in subsequent years in terms of tourist arrivals and revenue. Lola Ade-John, Minister of Tourism, on Tuesday, said that Nigeria played host to no fewer than 1.2 million international visitors in 2023. Ade-John disclosed this during the 20th edition of AKWAABA African Travel and Tourism…

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Edo Election: Oba of Benin wants Edo people to fast, pray for 2 weeks

The Oba said there is a need to give gratitude to God for the peaceful 2024 gubernatorial election and protection from evil. The Oba of Benin, Oba Ewuare II has declared a two-week fasting and prayer for peaceful elections and bountiful harvest. A statement by Chief Stanley Obamwonyi, Esere of Benin on Tuesday, quoted the…

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88 street urchins arrested in Oshodi as LASG cracks down on miscreants

The operation was carried out at 3:00 am at Oshodi following a series of complaints from residents. In continued efforts to rid the state of miscreants, touts, and street urchins, the Lagos State Taskforce has arrested 88 suspected miscreants and criminals in two separate operations. The Chairman of the Taskforce, CSP Adetayo Akerele, made this…

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2 LGA declared open defecation free but 48m Nigerians still defecate openly

Elizabeth Ugoh, stated that about 48 million people in Nigeria practise open defecation. The Federal Government has declared Ado and Ohimini Local Government Areas (LGAs) of Benue Open Defecation Free (ODF). The Minister of Water Resources and Sanitation, Prof. Terlumun Utsev, made the declaration on Tuesday in Otukpo. Utsev, who was represented by the Director…

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A Pulse review of Oxlade’ debut album ‘OFA’

‘OFA’ doesn’t do for Oxlade what it should nor does it have what it takes to propel him to the next level. Oxalde’s album comes at least two years late with the musician failing to cash in on his 2022 global smash hit ‘Kulosa’ which earned him a well-deserved big moment. Two years after he…

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CBN raises interest rate to 27.25% to moderate inflation

According to Yemi Cardoso, this is expected to improve confidence enabling economic agents to plan in the medium to long term. The Central Bank of Nigeria (CBN) has raised its Monetary Policy Rate (MPR) to 27.25% from 26.75% “to moderate inflation” which currently stands at 32.15%. The CBN Governor, Olayemi Cardoso made this known while…

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Nigeria’s unemployment rate increased to 5.3% in Q1 2024

In terms of educational attainment, the report said the rate of unemployment among persons with post-graduate education was 2.0% in Q1 2024. The National Bureau of Statistics (NBS) says the unemployment rate in Nigeria increased to 5.3% in Q1 2024 from the 5.0% recorded in Q3 2023. The NBS said this in its Nigeria Labour…

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CBN increases monetary policy rate to 27.25% and cash reserve ratio to 50%

The committee retained the Liquidity Ratio at 30%, and also retained the Asymmetric Corridor at +500/-100 basis points around the MPR. The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has further increased the Monetary Policy Rate (MPR) by 50 basis points to 27.25% from 26.75%. The Governor of the CBN, Yemi…

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7 red flags in women that men must not ignore

These behaviours might not be obvious right away, but with time, they can become big problems in a relationship. When it comes to relationships, it’s easy to get caught up in the excitement of getting to know someone new. But while dating should be fun, it’s very important to keep your eyes open for warning…

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Katsina Govt celebrates 37th anniversary by honouring 14 civil servants

Some of the recipients of the awards were given cars while others received cash gifts in recognition of their dedication to duties. The Katsina State Government has honoured 14 best-performing civil servants with awards of excellence at the 37th anniversary of the creation of the state. The News Agency of Nigeria (NAN) recalled that the…

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