1 day ago
Olatunbosun Oyintiloye, a chieftain of the All Progressives Congress (APC) in Osun State has appealed to President Bola Tinubu, to urgently intervene in the high cost of Liquefied Petroleum Gas (LPG), popularly called cooking gas in the country. Oyintiloye, who made the appeal while speaking with newsmen in Osogbo, said that the cost of the…
1 day ago
Apex pan-Igbo socio-political organisation, Ohanaeze Ndigbo, has reaffirmed its resolve to zone the position of president-general in the 2025 election to Rivers State. The group also reiterated the need for the people to embrace democracy, rather than meritocracy, for better service delivery. In a communique issued at the end of its 2024 Easter Igbo retreat…
1 day ago
In a move towards advancing environmental sustainability in the data center industry, Schneider Electric has released comprehensive insights and strategies to tackle the challenges of Scope 3 emissions. As data centers pivot towards renewable energy sources, Scope 3 emissions have emerged as the predominant contributor to their greenhouse gas (GHG) output. Scope three encompasses…
1 day ago
The Governor of the Central Bank of Nigeria (CBN), Yemi Cardoso, has revealed that law enforcement agencies have begun an investigation into the $2.4 billion worth of unauthorized foreign exchange (FX) transactions. Cardoso made this disclosure while addressing the media during the 294th meeting of the Monetary Policy Committee (MPC) in Abuja on Tuesday. Cardoso…
1 day ago
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has raised the benchmark interest rate by 200 basis points to 24.75 percent. CBN governor Yemi Cardoso announced this in a communique after the second MPC meeting of his tenure in Abuja. The new rate is the second rate hike by the current…
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