The Governor of the Central Bank of Nigeria (CBN), Yemi Cardoso, has declared that the Nigerian naira is undervalued, promising to expedite the discovery of genuine price in the near term. He said, “We believe that the naira is currently undervalued, and coupled with the coordinated measures on the fiscal side, we will expedite genuine price […] The post Naira undervalued, inflation
Standard Chartered Wealth Management Chief Investment Office (CIO) has released its Outlook 2024 report, outlining its investment strategy for the year ahead. The US and other major economies are likely to witness sharply slower growth and sliding inflation in 2024. Equity and bond markets are expected to start 2024 positively, supported by hopes of a […] The post Sailing with the wind
#Price #Weight #Shrinkflation #TurningTheCorner What do all the macroeconomic numbers and jargon have to do with the price of kenkey? Here it is: From a turbulent beginning that saw two price increases within six months, the kenkey market had stabilized by the end of 2023. Four-cedi kenkey dominates, five-cedi kenkey is here to stay, and […] The post The Kenkey
Cecilia Dapaah and Kissi Agyebeng The Office of the Special Prosecutor (OSP) has dropped the two cases it is prosecuting against former Minister for Sanitation and Water Resources, Cecilia Read More... The post OSP
The Ondo State Police Command has arrested two persons in connection with the death of a man, identified as Abiodun Akintomowo in Ondo town, Ondo State. Akintomowo was said to have died after allegedly having a sex romp with a woman suspected to be his girlfriend in a hotel located in the Akinjagunla area of the […] The post Man dies after sex romp with girlfriend in Ondo appeared first on
Bayo Onanuga, the Special Adviser on Information and Strategy to President Bola Tinubu, on Wednesday, said the President has no plans to move the Federal Capital to Lagos. Onanuga said those peddling rumour are dishonest, ethnic and regional champions, trying to draw attention to themselves. He claimed that those pushing the campaign of falsehood know […] The post Tinubu has no plan to
The Economic and Financial Crimes Commission (EFCC) has charged former Anambra State Governor Willie Obiano with money laundering offences involving stealing of over N4 billion from the state’s security vote account. He denied the charges contained in nine counts during his arraignment before the trial judge, Inyang Ekwo of the Federal High Court in Abuja, on Wednesday. […] The post EFCC
The US Secretary of State Anthony Blinken has assured of the country’s companies’ readiness to partner with and invest in the Nigerian economy. Blinken, who is on an African tour, made the remark in Abuja during his visit to President Bola Tinubu at the Presidential Villa. “American entrepreneurs and companies are ready to partner and […] The post American companies ready to invest in
Auto Show, Thursday, 25th January, 2024 The post Auto Show, Thursday, 25th January, 2024 appeared first on Citinewsroom - Comprehensive News in Ghana.
Kunle Oluomo has been impeached as the Speaker of the Ogun State House of Assembly. Eighteen of the 26 members of State Assembly voted for Oluomo’s impeachment at plenary session on Tuesday. Oluomo was impeached for alleged embezzlement of funds, highhandedness and related offences. The Assembly immediately elected a member, Oludaisi Elemide, as the new […] The post Kunle Oluomo impeached as Ogun
…marks International Day of Education As the world commemorates the sixth International Day of Education on January 24, 2024, Fidelity Bank Ghana, the largest privately-owned bank in the country, proudly takes a leading role in advocating for the theme ‘Learning for Lasting Peace’, designated by the United Nations. This significant day serves as a poignant […] The post Fidelity
…navigating the political landscape with social listening in the 2024 elections Dear Esteemed Readers, As we embark on the promising journey that is the new year, 2024, I extend a warm and enthusiastic welcome to each of you. It is with great pleasure and a sense of anticipation that I commit to delivering a series […] The post Comms and Branding
The Enugu State Government has spoken on the reported demolition of some properties in Centenary Estate in Enugu State. The estate, popularly known as the Centenary City, is located on a large expanse of land belonging to Obeagu Awkunanaw and some families in Amechi Uwani, a neighbouring community in Enugu South Local Government Area of […] The post Govt speaks on reported demolition
Following its ban on the usage and distribution of Styrofoam and other single-use plastics, the Lagos State government has ordered a clampdown on all production companies and distribution outlets within the state. This is to prevent further distribution of the banned products. The state Commissioner for the Environment and Water Resources, Tokunbo Wahab, in a […] The post Lagos
The Senator Representing the Federal Capital Territory, IretiKingibe, said the Senate will summon the Minister of FCT, Nyesom Wike, over the rising rate of insecurity in Abuja. There has been an increase in cases of abduction in Abuja lately. Kingibe, while appearing on Channels TV’s Politics Today on Sunday disclosed that the Senate will summon […] The post Senate will summon Wike over
The Ogun State Police Command on Monday said that its operatives on Sunday arrested 30-year-old Olubunmi Ajayi for attempting to drown her five-month-old baby, Imole Anifowose, in RSS River, Sagamu. One Olusola Sonaya, who was around the river, was said to have assisted in rescuing the baby after her mother threw her into the water. […] The post Ogun woman arrested for throwing
Some activities of Shipping lines operating in Ghana remain the subject of backlash in Ghana’s ports and logistics sector. Clearing agents operating at the various ports are calling on government to exert some authority over the lines in order to protect the businesses of citizens. Recently, the Presidents of two of Ghana’s freight forwarding associations: […] The post Clearing
A look at the academic roots of the idea, which has stirred fierce debate when applied to Israel.
The Delta State chapter of the All Progressives Congress, APC, has accepted the judgement of the Supreme Court, which upheld the return of Francis Sheriff Oborevwori by the Independent National Electoral Commission (INEC) as the governor of Delta State in the March 18, 2023 governorship election. This was contained in a statement signed by the […] The post Delta APC accepts Supreme
Nasarawa State Governor, Governor Abdullahi, has said that he has no plan to run for any political office after finishing his second tenure as the governor of the North-Central state. The 64-year-old politician was elected governor in 2019 and is currently serving his second term following his victory in the March 18, 2023 polls. Speaking […] The post I won’t run for any office again
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