By Ayomide Otitoju The Central Bank of Nigeria (CBN) has reduced its benchmark interest rate by 50 basis points, trimming the Monetary Policy Rate (MPR) from 27.5 percent to 27 percent. The decision was announced on Tuesday at the 302nd meeting of the Monetary Policy Committee (MPC) in Abuja. The asymmetric corridor around the MPR…
By Ayomide Otitoju Canon Central and North Africa, in partnership with Debra’s Palace Initiative, has concluded the second edition of the Creative Summer School, held from September 8 to 20, 2025, in Lagos. The programme, part of the Canon Miraisha initiative, provided hands-on technical training, mentorship, and life skills to young men aged 18 to…
By Ayomide Otitoju Senator Natasha Akpoti-Uduaghan, representing Kogi Central, on Tuesday resumed legislative duties at the National Assembly following the expiration of her six-month suspension by the Senate. The lawmaker, who arrived at the complex with a crowd of supporters, condemned her suspension as “unjust, illegal, and an act of injustice.” She accused Senate President…
By Ayomide Otitoju Former Anambra State governor and Labour Party presidential candidate in the 2023 elections, Peter Obi, has dismissed as fake images circulating online purporting to show him in meetings with former United States President Donald Trump. In a statement posted on his verified X handle, Obi described the photos and accompanying narratives as…
By Ayomide Otitoju The Peoples Democratic Party (PDP) has directed its legal team to initiate contempt proceedings against the Edo State Independent Electoral Commission (EDSIEC) and the state Attorney-General, alleging defiance of existing court orders. Chris Nehikhare, Publicity Secretary of the Edo PDP Caretaker Committee, made the announcement in a statement on Monday in Benin….
By Ayomide Otitoju In observance of World Clean-Up Day 2025, JMG Limited, a leading provider of integrated electromechanical solutions in Nigeria, mobilized its staff and executives to clean the streets of Gbagada, Lagos. Company personnel swapped suits for gloves and waste bags, removing plastics and other solid waste from the community that hosts its largest…
By Ayomide Otitoju Rite Foods Limited, one of Nigeria’s leading food and beverage companies, brought vibrancy to the 2025 Lagos Comic Convention with an engaging showcase of its flagship brands—Sosa Fruit Drink, Bigi, and Rite Sausage Rolls. Held at the Landmark Event Centre, Victoria Island, the annual convention attracted thousands of fans, creators, and industry…
By Ayomide Otitoju Rite Foods Limited, a leading Nigerian food and beverage company, brought vibrant energy and bold flavors to the 2025 Lagos Comic Convention at the Landmark Convention Centre, Victoria Island. The annual event, celebrated for showcasing comics, animation, film, and pop culture, provided the perfect platform for Rite Foods’ flagship brands—Sosa Fruit Drink,…
By Ayomide Otitoju FirstBank, one of West Africa’s leading banks and a pioneer in financial inclusion, has announced plans to launch specialized financial services tailored for blind, partially sighted, and physically challenged customers across its operations. The initiative is part of the bank’s ongoing commitment to promoting financial inclusion, diversity, and equal opportunity. FirstBank’s internal…
