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Daily Archives: November 24, 2021

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France, Germany to urge nationals to leave Ethiopia

More countries have told their nationals to leave Ethiopia, where an intensifying one-year war between federal troops and forces from the northern Tigray region appears to be taking a dramatic new turn. Prime Minister Abiy Ahmed late on Monday announced [...]

November 24, 2021 Africa, Security
Nigeria should end fuel subsidy in six months

Nigeria should end fuel subsidy in six months

Nigeria should end its expensive fuel subsidy regime within three to six months, the World Bank said on Tuesday. Reuters reported that the bank advised that the removal of the subsidy must be accompanied by “aggressive reform effort” that “could [...]

November 24, 2021 Oil & Gas
Buhari suspends inauguration of NNPC board

Buhari suspends inauguration of NNPC board

President Muhammadu Buhari has directed the immediate suspension of the inauguration of the newly constituted board of the Nigerian National Petroleum Company Limited (NNPC), an official has said. The inauguration was scheduled to hold on Wednesday but has now been [...]

November 24, 2021 Business
University Employs 55 Local Hunters To Secure Campus

University Employs 55 Local Hunters To Secure Campus

The Federal University Dutse (FUD), Jigawa, has employed the services of 55 local hunters to protect lives and property in and around its campus. The FUD Chief Information Officer, Alhaji Abdullahi Yahaya, announced this in a statement in Dutse, the [...]

November 24, 2021 Education
CBN Keeps Benchmark Interest Rate At 11.5%

CBN Keeps Benchmark Interest Rate At 11.5%

The monetary policy committee of the Central Bank of Nigeria (CBN) has voted to retain the monetary policy rate (MPR), which measures interest rate, at 11.5 percent. Addressing journalists on Tuesday after the committee’s two-day meeting at the CBN headquarters [...]

November 24, 2021 Finance