Year: 2024

No Going Back- Omoyele Sowore Pushes On An October 1st Protest

Journalist and previous presidential candidate Omoyele Sowore has provided an update on the October 1 Hunger protest. On Monday, September 30, Sowore took to X and declared that protests would go on nationwide in spite of the Federal Government's reprimands and the Nigerian Police Force's cautions. According to Sowore, the Eagles Square in Abuja would host the nationwide protest. He wrote, “NO GOING BACK! #FearlessInOctober” “The protests will hold across all parts of Nigeria because the...

“Confidence in the Naira Restored by Multiple Interest Rate Hikes, Says Cardoso”

The Central Bank of Nigeria (CBN) Governor, Olayemi Cardoso, has stated that the naira's value has increased as a result of several interest rate increases. Talking at a news conference following the 297th meeting of the Monetary Policy Committee (MPC) in Abuja, Cardoso emphasised how the currency's successive interest rate hikes had led to a shift in public perception. “There was a situation where exchange rate was really running at an incredible pace and people were beginning...