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Month: September 2024

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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Man bags 8 year jail term for exposing minor to pornography

The judge held that the sentences should run consecutively, following the plea bargain agreement between the prosecution and defence. An Ikeja Sexual Offences and Domestic Violence Court in Lagos has sentenced a man, David Charles, to eight years imprisonment for assaulting and treating a 10-year-old minor indecently. Justice Rahman Oshodi sentenced Charles on Tuesday after…

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Top 6 African countries with the largest sports betting population

South Africa and Nigeria currently hold the largest betting market share in Africa with other countries towing behind. The sports betting market in Africa is huge with many dedicated end-users who spend a considerable amount on different platforms which may be online or offline. The industry has grown significantly from offline betting shops to a…

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Kyari told to deliver Port Harcourt refinery by September

There are also concerns about the potential conversion of the refinery into a blending plant for substandard petroleum products from Russia, which they warned would have dire environmental consequences for the Niger Delta. The Coalition of Niger Delta Youth on Energy Reforms and Transparency in the Oil and Gas Sector called on Mele Kyari, Group…

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Here’s how drinking water can help you lose weight

Water is essential for life. Every day, we rely on water to keep our bodies running smoothly. But did you know that drinking water can also help you lose weight? Many people don’t realise the connection between staying hydrated and shedding those extra pounds. The link between water and weight loss You might be wondering,…

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