News Update

Amid persistent high cost of goods and services, the Governor of Central Bank of Nigeria, CBN, Mr. Olayemi Cardoso assured yesterday that inflation will subside in the months ahead. At a meeting with leaders of the organised private sector, the CBN governor said there were positive developments in the fight against the economic challenges.

 The authorities of the Police Service Commission, PSC, on Friday, raised the alarm that the police high command is intimidating the agency over the ongoing issues regarding the recruitment of police constables.

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Rivers State Governor, Siminalayi Fubara, has removed Chidi Awuse as Chairman of Rivers State Council of Traditional Rulers. Awuse, an ally of the Minister of Federal Capital Territory, FCT, Nyesom Wike, was replaced with the traditional ruler of Apara Kingdom, Eze Chike Worlu Wodo.

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The Nigerian Electricity Regulatory Commission, NERC, on Friday announced the approval of N21 billion for 11 electricity Distribution Companies, DisCos, to provide meters for end-use customers. This was contained in its ORDER NO: NERC/2024/072 on The Operationalization of “Tranche A” of the Presidential Metering Initiative Under the Framework of Meter Acquisition Fund.
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Chairman of the Ondo State chapter of the Peoples Democratic Party, PDP, Mr Tola Alabere, has said that the loss of the November governorship election would end the existence of the party in the state. Alabere stated that the majority of members might not remain in the party if the ruling All Progressives Congress emerged victorious.
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. An officer of the Federal Road Safety Corps, whose name could not be immediately ascertained, was on Friday injured by a driver along Osogbo/Gbongan Road, near Osun Government Secretariat in Abere. The driver was said to be driving at top speed when FRSC officers at a roadblock near the Osun Sector Headquarters located along the expressway, waved him to stop.
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There was palpable tension in Ojurowo, Folumo in the Isale Eko area of Lagos Island, Lagos State, on Friday after members of the public caught an unidentified woman for kidnapping and selling children. It was learnt that the woman had kidnapped the children from the Ijora area of the state and brought them to Isale Eko to sell them.
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The Bauchi State Police Command on Friday urged for calm following the lynching of a man alleged to be an advocate of a religious movement. The state Police Public Relations Officer, Ahmed Wakil, on behalf of the Commissioner of Police, Auwal Musa, confirmed that the incident happened on Wednesday.
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The death toll from the cholera outbreak in Lagos State has risen to 24 with 35 confirmed cases, even as 417 suspected cases have been confirmed in 20 local government areas of the state. The State Commissioner for Health, Prof Akin Abayomi, who confirmed the development on his X handle on Friday, said the update was from the Lagos State Cholera Outbreak Situation Report.
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Italian football legend, Roberto Baggio has been hospitalised after being attacked by armed robbers who stormed his home. The intruders locked his family up while they watched last night’s Euro 2024 match between Italy and Spain.

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The Nigerian Government has denied keeping Binance Executive, Tigran Gambaryan in unsavory prison conditions.

The government said Gambaryan is being lawfully detained and has access to quality healthcare facility.

Mohammed Idris, the Minister of Information and National Orientation, said Gambaryan also has access to consular services from his country.

from dailypost