***CBN cuts rate to 23%, says stability achieved ***Rate cut still too high to boost businesses — NCMDLCA By Emma Ujah, Abuja Bureau Chief, Babajide Komolafe, Peter Egwuatu, Yinka Kolawole, & Efe Onodjae Mixed reactions yesterday trailed the Central Bank of Nigeria, CBN’s cut on interest rate by three per cent, as the Monetary Policy…
Abia State Governor, Dr Alex Otti (OFR), recently got tongues wagging when he, once again, averred that at the end of his tenure he would hand over and disappear from politics. He harped on the need to give the youth a chance to lead, affirming that there are young people who are more intelligent, qualified,…
By DAGGA TOLAR While joining in mourning the death of 37 of us, who tragically suffocated to death in the cells of the Nigeria Security and Civil Defence Corps (NSCDC) in Minna, Niger State, the government has come up with a swift response that has resulted in the arrest of NSCDC officers and the establishment…
“To this class of enemies belong some of the educated or half-educated Europeanized natives whom our educational and religious system divorces from their race, and who, having no outlet and bereft of national or racial pride, betray the interests of their country into the hands of its foes.” — E. D. Morel Instilling pride in…
…Links hardship, social unrest to failure of productivity Former Cross River State governor and presidential candidate of Peoples Redemption Party, PRP, Donald Duke, said yesterday Nigeria’s economy has effectively shrunk since the Second Republic because government spending and productive capacity have failed to grow in line with the country’s population.Duke said Nigeria was still operating…
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