Author: NPO Admin I
By Halimah Olamide The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has on Tuesday increased the benchmark interest rate by 200 basis points to 24.75 percent.The Council moved to the present rate from 22.75 percent announced about a month ago. Cardoso announced the retention of the Cash Reserve Ratio (CRR) of deposit money banks at 45 percent. However, the MPC adjusted the CRR of merchant banks from 10 percent to 14 percent. The committee also retained the liquidity ratio at 30 percent. “The considerations of the committee at this meeting focused on the current inflationary pressures…
By Kamil Opeyemi Controversial cleric Sheikh Ahmed Gumi, has confirmed his meeting with the Directorate of State Security describing the meeting as “productive.” NPO Reports that Gumi had been invited by the DSS over comments considered to be in support of terrorists. He had also been noted to be in support of negotiating with terrorists. Minister of Information, Mohammed Idris, had said after the Federal Executive Council meeting on Monday that no one is above the law disclosing that Gumi had been invited by the security agency. He posted on Tuesday “Gumi, in a social media post titled, ‘Only one…
Agency Report Israeli President Isaac Herzog has vowed that Hamas leader Yehya al-Sinwar will be gotten dead or alive. Herzog sees the Hamas leader as the lynchpin in the Gaza war and key to getting Israel’s hostages held in the Gaza Strip released. “In the end, there is no choice,” Herzog said in Jerusalem on Tuesday. “We must continue the fight and we must get to Sinwar – either alive or dead – so that we can see the hostages back home. Herzog added that the reality is clear, saying: “Everything begins and ends with Yehya Sinwar. “He’s the…
By Halimah Olamide A Nigerian lady, Pelumi Nubi, who has embarked on a journey from London to Lagos by road been involved in accident. NPO Reports like Nubi started her journey from London traversing countries and aiming to arrive in Lagos by road. She has been driving all alone, having stop overs to savour the cultures of cities, towns and villages en route her journey. The solo driver, who did not give further details, what happened, merely showed clips of her car which had become badly dented and other clips of the medical personnel attending to her. It was…
A national of China who murdered his Nigerian lover has been sentenced to death. By Kamil Opeyemi Justice Sanusi Ado Ma’aji of Kano state High Court who handed down the death sentence found Quandong Geng guilty of killing his girlfriend, Ummulkusum Sani Buhari Ummita. Geng had reportedly committed the offence when invaded the residence of Ummita in September 2022 and stabbed her to death during an argument. He was said to have fled the scene but was later arrested by the police and arraigned. Geng had told the court during trial that Ummita broke his heart by getting married…
Agency Report Nigerian comedian, Atunyota Akpobome, popularly called Ali Baba, has condemned the recent killing of 17 officers of the Nigerian Army in Delta, describing it as highly abominable. Akpobome, who condemned the act in an interview with the News Agency of Nigeria (NAN) in Lagos, said that the gruesome murder of the soldiers smacked of eroding societal values. He spoke on the sidelines of the presentation of “Anything and Everything Journalism” and “My Story of Many Colours”, books written by the publisher of Yes International Magazine, Mr Azuh Arinze, in Lagos on Monday. According to him, the murder…
Agency Report The Commissioner for Health in Ogun, Dr Tomi Coker, has expressed concern over rising number of tuberculosis patients in the state. Coker said this at a news conference in Abeokuta on Tuesday as part of activities to mark the 2024 World Tuberculosis Day, which has “Yes! We Can End TB” as its theme. The News Agency of Nigeria (NAN) reports that World Tuberculosis Day is annually observed on March 24 to raise awareness about the global epidemic of tuberculosis and efforts to eliminate the disease. The commissioner, therefore, said early detection of the disease is key, as…
By Halimah Olamide The Nigerian Army on Tuesday said it has slated the burial of its men who were killed in Delta State for Wednesday March 27. The Army, in a notice posted on its X handle on Tuesday posted the photos of the fallen soldiers. According to the notice, the fallen heroes will be buried at the National Military Cemetery Abuja at 3pm. NPO Reports that the 17 soldiers, led by a Commander, Lt. Col AH Ali, were ambushed and killed by hoodlums in Okuama community, Oghelli South Local Government Area of Delta state. They were said to…
A bridge in the US city of Baltimore has entirely collapsed into the Patapsco River after being hit by a container ship. Up to 20 people and several vehicles have fallen into the river, says Baltimore City Fire Department, which is declaring this a “mass casualty event” The fire department says a large vessel hit a column of the Francis Scott Key Bridge at around 01:30 ET (05:30 GMT) Videos on social media appear to show the bridge breaking up and plunging into the water A number of casualties have been reported and there is now a large multi-agency rescue…
By Halimah Olamide A man identified as Wildred Ezike, has reportedly been paralysed after some suspected task force men attacked him with pestle over a petition he allegedly wrote against illegal revenue collection in the state. It was not known how the man got to the room where he was being tortured, but a video of the torture seen by the NPO Reports showed the man helpless on the floor and being hit by pestle in his joints with blood coming out of his body. The man, who was pleading for mercy, and spoke in Igbo, was ignored by…