February 28, 2025
Naira Stability and Inflation: The CBN Monetary Policy Explained
The Central Bank of Nigeria (CBN) has taken a decisive step towards stabilizing the naira and curbing inflation, marking a significant shift in the country’s macroeconomic landscape. At the 299th Monetary Policy Committee (MPC) meeting, the CBN opted to maintain the Monetary Policy Rate (MPR) at 27.5%, a move that underscores its commitment to balancing […]
UK received 108,138 asylum applications in 2024 – Report
A total of 108,138 people applied for asylum in the United Kingdom in 2024, marking the highest number of asylum requests in any 12-month period since records began in 2001. This represents an 18% increase compared to the 91,811 requests lodged in 2023. Breakdown of Asylum Applications -Top Nationalities: Pakistani nationals accounted for 9.7% of […]
Child Traffickers Arrested as Imo Policemen Reject N1m Bribe.
Investigations revealed possible links to a larger trafficking network, and more arrests are expected. Efforts are underway to identify the child’s biological parents The Imo State Police Officers have declined a bribe offer of one million Nigerian naira, despite the fact that they had detained two individuals in connection with two distinct incidences of child […]