November, 2022

• 22 November

  CBN raises interest rate to 16.5% as inflation persists

  

  The policy-setting committee of the Central Bank of Nigeria (CBN) has raised the monetary policy rate (MPR), which measures interest rate, from 15.1 percent to 16.5 percent to tame rising inflation. Last week, Nigeria’s inflation rate reached a five-year high at 21.09 percent amid soaring food prices. The monetary policy …

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• 22 November

  Court orders INEC to resume voter registration

  

  A Federal High Court, Abuja, on Tuesday, ordered the Independent National Electoral Commission to immediately resume the Continuous Voters Registration until 90 days before the 2023 general elections. Justice Inyang Ekwo, in the judgment, also directed INEC to ensure that eligible Nigerians were not deprived the opportunity to have their …

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• 22 November

  Car Crash Kills 17 In Abuja

  

  No fewer than 17 passengers were killed in a fatal road crash in the early hours of Tuesday along the Kwali-Abaji expressway, within the Federal Capital Territory. The road crash also injured four passengers, leaving one uninjured. According a statement signed by the Federal Road Safety Corps Spokesperson, Bisi Kazeem …

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• 22 November

  AfDB, AU Sign $9.73m grant agreement to drive digital market development in Africa

  

  The African Union Commission (AUC) and the African Development Bank have signed a grant agreement to implement Phase 1 of the Upstream Project for Digital Market Development in Africa. The signing ceremony took place on November 17 at AUC Headquarters in Addis Ababa, Ethiopia. The AUC Commissioner for Economic Development, …

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• 21 November

  Supreme Court orders retrial of Ogun PDP gov suit

  

  The crisis rocking the Ogun State chapter of the Peoples Democratic Party deepened on Monday with the Supreme Court dismissing an appeal filed before it on the nomination of the party’s governorship candidate. The Apex Court consequently ordered that the suit instituted by a governorship aspirant, Jimi Lawal, be remitted …

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• 21 November

  Afreximbank Outlines $3bn Country Programme for Kenya

  

  Kenya is set to benefit from a US$3 billion Country Programme from African Export-Import Bank (Afreximbank).  This was announced during a meeting between Kenya’s President, His Excellency Dr William Ruto, and Professor Benedict Okey Oramah, President and Chairman of the Board of Directors of Afreximbank. During the meeting held at …

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• 21 November

  Global economy needs Nigeria, says IMO boss

  

  The Secretary-General of the International Maritime Organisation, Kitack Lim,  has described Nigeria as a very important country not only to Africa but to the global economy. This is contained in a statement signed by the Assistant Director, Public Relations, Nigerian Maritime Administration and Safety Agency, Osagie Edward, in Lagos, and …

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• 21 November

  Remember Rivers when you assume power, Wike tells Kwankwaso

  

  The Governor of Rivers State, Nyesom Wike, has told the presidential candidate of the New Nigeria Peoples Party, Rabiu Kwankwaso, to remember the people of Rivers if he wins the 2023 presidential election. Wike said this on Monday at the inauguration of Mgbutanwo Internal Roads in Emohua Local Government Area …

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• 21 November

  FG inaugurates `Export4Survival’ campaign to boost non-oil export

  

  The Minister of Industry, Trade and Investment, Otunba Adeniyi Adebayo yesterday in Abuja launched the `Export4Survival’ campaign’ to boost the Nigeria’s non-oil export. Daily Trust reports that `Export4Survival’ campaign is a flagship theme of the Nigerian Export Promotion Council (NEPC) aimed at sensitising the business community on inherent benefits in …

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• 21 November

  ITF Seeks Harmonization Of Certificates To Remove Dichotomy Between General, Technical Education

  

  The Director-General of the Industrial Training Fund, Sir Joseph Ari on Monday called for more synergy among agencies of government in the area of human capacity building so as to tackle the rising level of unemployment in the country. Ari stated this during a paper titled, “Technical Education and National …

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