African Leaders Approve $20B Stability Fund
African leaders have approved the establishment of a $20 billion continental financial stability fund, in a move designed to stave off potential debt crises on the continent before they take hold. The facility, known as The African Financial Stability Mechanism, will get its own credit rating to allow it to borrow on international capital markets. Announcing this […]
FRSC Launches Driver’s Licence Print Farm in Lagos
The Federal Road Safety Corps, FRSC, has activated a mini driver’s licence printing farm in Lagos State, in commemoration of its 37th anniversary. At the inauguration, the Corps Marshal, Shehu Mohammed, expressed optimism that the farm would help to reduce hardship experienced by motorists while acquiring drivers’ licence, and urged applicants to collect their licence […]
Ten Year Anniversary of Book on Review With Benji
The first leg of the 10 year anniversary of Book on Review With Benji, is scheduledfor 11am on Saturday September 5th 2024, at Ilaje Lagos. The event which aims to encourage and celebrate education, reading culture andappreciation of literary works, would see a student win an educational scholarshipthrough school, courtesy of the Principal Consultant, FIRSTPEAK […]
Ravel was the only composer of ‘Boléro’, court rules
A French court ruled on Friday that composer Maurice Ravel wrote Boléro by himself, rejecting claims of co-authorship. Ravel himself considered Boléro one of his least important works, but it has always been hugely popular with audiences, played out in concert halls, ice skating rinks and even on the silver screen in 2024. In court, the six heirs of the celebrated Russian […]
CBN raises Interest Rate from 24.75% to 26.25%
The Central Bank of Nigeria (CBN) has raised the Monetary Policy Rate for the third straight time by 150 basis points from 24.75 per cent to 26. 25 per cent. The CBN Governor Yemi Cardoso who is also the Monetary Policy Committee (MPC) chairman said the committee at its 295th meeting retained the Cash Reserve […]
