Author: Akintayo Adams

The Central Bank of Nigeria’s Monetary Policy Committee (MPC) is set to meet on Monday, November 25, and Tuesday, November 26, 2024. The committee is expected to make a decision on the country’s interest rate, which was at 27.25 percent as of September 2024. This meeting comes in the wake of Nigeria’s headline inflation surging to 33.88 percent in October 2024. The MPC has previously justified its series of interest rate hikes as measures to combat inflation. In the last MPC meeting, CBN Governor Olayemi Cardoso pledged that the bank would take all necessary actions to reduce Nigeria’s inflation. While…

Namibia is on the brink of making history as it heads to the polls, with the possibility of electing its first-ever female president. Vice President Netumbo Nandi-Ndaitwah is a leading candidate in the upcoming presidential election, which is set to take place on Wednesday. Approximately 1.4 million Namibians, representing nearly half of the population, have registered to vote. Nandi-Ndaitwah, who is 72 years old, is a member of the ruling South West Africa People’s Organization (SWAPO). Early results from special polls indicate that she and her party are currently in the lead. SWAPO has governed Namibia since its independence from…

Former Manchester United midfielder Owen Hargreaves has revealed that new manager Ruben Amorim was “really frustrated” with several players during their 1-1 draw with Ipswich Town on Sunday. Omari Hutchinson’s long-range goal equalized after Marcus Rashford’s early opener at Portman Road. After the match, Amorim admitted that the players were struggling to adapt to their new style of play. Hargreaves, who was near the Red Devils’ technical area during the game, noted that Amorim was particularly unhappy with Diogo Dalot, Joshua Zirkzee, Rasmus Hojlund, and Rashford at various points during the match. He told Premier League Productions: “He was pretty…

The Oyo State chapter of the All Progressives Congress (APC) has condemned the recent conversion of structures housing the Oyo State Library Board in Ibadan into shops, calling it unacceptable. This declaration was made in a statement on Sunday by APC Publicity Secretary Wasiu Olawale Sadare. Our reporter observed that some buildings at the headquarters of the Oyo State Library Board, which include a library and other public utilities, have been repurposed into commercial shops. The APC criticized this move, describing it as shameful, ill-conceived, and grossly unacceptable. The party questioned the rationale behind converting a library into shops, expressing…

Russia is gearing up to launch rockets from Africa by building spaceports in several African countries. This initiative is part of Russia’s strategy to diversify its space services and strengthen its relationships with friendly nations. The Russian state space corporation, Roscosmos, is actively negotiating with countries like South Africa, Algeria, and Zimbabwe to construct these spaceports. Yury Borisov, the head of Roscosmos, mentioned that this move aims to expand Russia’s ground infrastructure for launching carrier rockets. This development is seen as a significant step in enhancing Russia’s presence in the global space industry and fostering international cooperation. Get instant and…

In today’s interconnected world, several countries have chosen to adopt foreign currencies instead of issuing their own. This decision is often driven by economic stability, historical ties, and practical considerations. Related || Top 10 African Countries with the Lowest Money Supply in 2024 Here’s a look at some of these countries and their adopted currencies: Get instant and latest news updates via our WhatsApp Community, X/Twitter, or Google News online channel

A recent report highlights a troubling reality: 63% of female students across 12 Nigerian universities have experienced sexual harassment. This study, conducted by the Alliances for Africa (AFA) and the Committee of Gender Directors in Nigerian Universities (CGDNU), underscores the pervasive nature of this issue. The universities involved in the study include: The report calls for immediate action and the adoption of zero-tolerance policies against sexual harassment in these institutions. It also emphasizes the need for stronger enforcement mechanisms and support systems to protect students and ensure a safe academic environment. This issue has sparked significant concern among students, parents,…

In honor of the 20th Guinness World Records Day, Rumeysa Gelgi, the world’s tallest woman, and Jyoti Amge, the shortest woman, met for the first time at the Savoy Hotel in London. Jyoti Amge, who stands at just 62.8 cm (2 ft 0.7 in), and Rumeysa Gelgi, who towers at 215.16 cm (7 ft 0.7 in), shared an afternoon tea and were presented with Icon certificates by Guinness World Records. Rumeysa Gelgi, a 27-year-old web developer from Turkey, holds the title of the tallest woman living. Her exceptional height is attributed to a rare condition known as Weaver syndrome, which…

Dangote Refinery has reduced the price of its Premium Motor Spirit (PMS) from ₦990 per litre to ₦970 per litre for marketers. This price cut is part of the refinery’s appreciation for the support of Nigerians and to complement the government’s measures to encourage domestic enterprise. Anthony Chiejina, Group Chief Branding and Communications Officer of the Dangote Group, announced this in a statement on Sunday. “As the year comes to an end, this is our way of appreciating the good people of Nigeria for their unwavering support in making the Refinery a dream come true. In addition, this is to…

Veteran American actor Denzel Washington recently shared his views on social media. In a podcast interview with Paul Mescal, Washington expressed sympathy for the current generation, highlighting the negative influence of social media, which he believes was absent during his youth. He mentioned that he does not have a social media account, emphasizing that social media distorts reality. “I pray for your generation because we did not have to deal with what you’ve to deal with. It’s our fault to put it in your hands. “They were no nin million opinions every moment of my day, people that liked you…