Glasgow to approve UK’s first consumption room for illegal drugs
Glasgow is expected to approve the United Kingdom’s first official consumption room for illegal drugs like heroin and cocaine. At the centre, users will take their own drugs under the supervision of trained health professionals. The idea has been in the pipeline for years but can now go ahead after Dorothy Bain, […]
Climate action organisation announces Osinbajo as board chair
Climate Action Platform for Africa (CAP-A) has announced Yemi Osinbajo, former vice-president of Nigeria, as chair of its board of directors. In a statement on Tuesday, the organisation — which aims to unlock Africa’s potential as a global hub for climate action — said Osinbajo’s appointment is with immediate effect. “The Climate […]
ECOWAS: We’ve supported 150 Nigerian farmers with $78m to boost food security
The Economic Community of West African States (ECOWAS) says it supported 150 farmers in Bauchi State and the federal capital territory (FCT) with $78 million as training grants to boost food security in Nigeria. Massandje Toure-Litse, commissioner for economic affairs and agriculture, ECOWAS, made this known at the opening of a poultry training […]
Newspaper Headlines: More businesses may shut down as diesel hits N1,100/litre
Reports of the senate confirming Olayemi Cardoso as the new governor of the Central Bank of Nigeria (CBN) dominate the front pages of the newspapers. Source: Top Stories
‘Mobilise more domestic revenue’ — IMF advises African countries on avoiding debt crisis
The International Monetary Fund (IMF) has made some recommendations on policy actions African leaders must take to avoid a debt crisis, as they attain high-risk status. In a report on Tuesday, titled, ‘How to Avoid a Debt Crisis in Sub-Saharan Africa’, IMF said the average debt ratio in the region has almost doubled […]
‘It’s a moral imperative’ — Tinubu asks NDLEA to step up fight against drug abuse, trafficking
President Bola Tinubu has asked the officials of the National Drug Law Enforcement Agency (NDLEA) to introduce novel ideas to combat drug abuse and trafficking in the country. Represented by Vice-President Kashim Shettima at the 31st meeting of Heads of National Drug Law Enforcement Agencies, Africa (HONLAF) in Abuja on Tuesday, the president […]
Mohbad: I’m returning to Nigeria to clear my name, says Naira Marley
Source: Top Stories
Cardoso: How CBN will stabilise FX market, slow inflation
Olayemi Cardoso, governor of the Central Bank of Nigeria (CBN), has spoken on his plans to stabilise the country’s foreign exchange (FX) market and slow inflation. Cardoso spoke on Tuesday when he and four CBN deputy governor nominees were screened by the senate. Nigeria’s FX market has been experiencing high levels of […]
Akpabio: Emefiele tried to sabotage 2023 polls with naira redesign policy
Senate President Godswill Akpabio says Godwin Emefiele, immediate former governor of the Central Bank of Nigeria (CBN), tried to sabotage the conduct of the last general election with the introduction of the naira redesign policy. Akpabio spoke on the floor of the senate on Tuesday during the screening of Olayemi Cardoso, nominee for […]
Senate confirms Cardoso as CBN governor
The senate on Tuesday confirmed Olayemi Cardoso as the substantive governor of the Central Bank of Nigeria (CBN). The upper legislative chamber also confirmed Emem Nnana Usoro, Muhammad Sani Abdullahi Dattijo, Philip Ikeazor and Bala Bello, as deputy governors of the apex bank. The nominees were screened after they spoke about their […]