Most Recent Articles by

Rhoda Onuzulike

CBN Adopts New Cash Reserve Measure

The Central Bank of Nigeria has said that it is stopping daily Cash Reserve Ratio debits and will be adopting an updated Cash Reserve...

Stock Market Closes January With N1.1 trn Loss

Following losses suffered by many highly capitalised stocks, the Nigerian stock market, Wednesday sustained bearish sentiments, as market capitalisation fell by N1.068 trillion to close...

NBCC Charges FG To Mop Up Excess Cash In Circulation

The Nigerian British Chamber of Commerce, NBCC, has charged the federal government to urgently mop up excess cash in circulation as well as curb...

Nigeria’s Inflation Rate To Drop in 2024, 2025 – IMF

The International Monetary Fund (IMF) has predicted a decline in Nigeria’s inflation rate to 23 percent in 2024 and 15.5 percent in 2025. IMF’s Division...

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‘Release Your Payroll If I’m Lying’, Dismissed Soldier Dares Army

A dismissed Nigerian soldier, Rotimi Olamilekan, popularly known as Soja Boi, has called on the Nigerian Army to publish its payroll amid growing controversy over his claims regarding soldiers’ welfare and pay structure. Olamilekan, a former lance corporal, made the demand in a video shared on Tuesday, shortly...

Dozens Killed As Heavy Rains Trigger Deadly Floods Across Angola

Dozens of people have died and tens of thousands have been affected after torrential rains caused severe flooding in Angola, the BBC reports. The disaster, which began over the weekend, has overwhelmed rivers and drainage systems in multiple provinces, submerging homes, cutting off roads and disrupting infrastructure...

Nigeria Launches Mass Trial Of 500 Suspected Terrorists

Nigeria has initiated one of its largest-ever terrorism trials, with over 500 individuals accused of involvement in militant attacks appearing in court. The suspects face charges ranging from aiding and abetting terrorism to providing logistical and financial support for attacks, primarily in the country’s north-east. The mass trial...