By Joke Kujenya A FALSE letter claiming former U.S. President Jimmy Carter died on July 23, 2024, went viral online. The letter, allegedly from Carter’s office, sparked rumours of his death. The post’s creator later admitted to Reuters that the letter was a fabrication. A spokesperson for the Carter Center confirmed the letter is fake. [...
By Ajibola Olaide, JKNMedia Reporter THE CENTRAL Bank of Nigeria (CBN) increased the Monetary Policy Rate (MPR) to 26.75 percent from 26.25 percent. This decision aims to address the surging inflation in the country. Governor Olayemi Cardoso announced the new rate after the committee’s 296th meeting in Abuja. Nigeria’s inflation ra...
By Jemimah Wellington, JKNMedia Reporter THE NIGERIAN Senate has passed the new minimum wage bill, raising the national minimum wage from N30,000 to N70,000. The bill, introduced at the request of President Bola Tinubu, completed all three readings in just one hour on Tuesday. Senate Majority Leader Opeyemi Bamidele led the debate. He stated t...
By Joke Kujenya OF THE 164 World Trade Organization (WTO) member states, 58 have supported a proposal from the African Group to re-elect Ngozi Okonjo-Iweala as Director-General. The proposal, made during a WTO General Council meeting on July 22, urges the initiation of the reappointment process soon. Adebayo Thomas, Director of Press and Publi...
By Elizabeth Ikegima, JKNMedia Reporter GOVERNOR SHERIFF Oborevwori’s urban renewal plans are now delivering visible results across Delta State’s urban centers, according to a statement issued by his press unit. The Commissioner for Works (Rural and Riverine Roads), Mr. Charles Aniagwu, reiterated this on Monday in Warri. He spoke after inspec...
By Jemimah Wellington, JKNMedia Reporter THE AFRICA Social Impact Summit (ASIS) 2024 will feature Amina Mohammed, Deputy Secretary General of the United Nations, and Jeffrey Sachs from Columbia University. This summit, organized by the Sterling One Foundation and the United Nations, will take place on July 25th and 26th at the Eko Convention C...
By Jemimah Wellington, JKNMedia Reporter OVER THE past three years, Fidelity Bank (FB) Plc has achieved an average annual profit increase of 64%. This growth underscores its position as one of Nigeria’s fastest-growing banks. The bank’s customer base and assets have expanded rapidly, with the total balance sheet size increasing from N2.1 trill...
By Joke Kujenya AT THE Sixth Mid-Year Coordination Meeting in Accra, Ghana, President Bola Tinubu reviewed recent progress and challenges for the West African Economic Community (ECOWAS). As Chairman of the ECOWAS Authority of Heads of State and Government, Tinubu highlighted the bloc’s achievements and future goals. Under his leadership, ECOW...
By Jemimah Wellington, JKNMedia Reporter RIVERS STATE Governor Siminalayi Fubara has called on traditional rulers to play a pivotal role in enhancing community security and fostering economic stability in Nigeria. Addressing the 117th/118th Combined Quarterly General Meeting of the Rivers State Council of Traditional Rulers at their Secretaria...
By Paul Ejime IT IS NOT entirely surprising, yet the implications can be far-reaching. Beyond the potential for an unprecedented first female president in America, Uncle Sam’s Land of Liberty, facing the toughest threat yet to its superpower supremacy, could be in for an inflammable Donald Trump’s second term at the White House. Whichever way ...
