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Ibadan

Tinubu announces Disu as new police boss, confirms Egbetokun’s resignation.

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Tinubu announces Disu as new police boss, confirms Egbetokun’s resignation.

The Presidency has officially confirmed the resignation of the Inspector-General of Police, Kayode Egbetokun, and announced the immediate appointment of Assistant Inspector-General of Police Tunji Disu as Acting Inspector-General of Police. In a formal statement issued by the President’s Special Adviser on Information and Strategy, Bayo Onanuga, President Bola Ahmed Tinubu accepted the resignation of Kayode Egbetokun following the submission of a letter in which he cited pressing family considerations […]

Why Egbetokun resigned as IG – Presidency

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Why Egbetokun resigned as IG – Presidency

The Presidency has confirmed the resignation of Kayode Egbetokun as the Inspector-General of Police, bringing an end to his tenure as the nation’s top law enforcement officer. According to the Presidency, Egbetokun submitted his resignation letter, citing family matters that require his full and undivided attention. His decision marks a significant development within the country’s security leadership at a time when concerns over national safety remain at the forefront of […]

CBN eases MPR by 50 basis points to 26.5%.

News

CBN eases MPR by 50 basis points to 26.5%.

  The Central Bank of Nigeria (CBN) has announced a reduction in the Monetary Policy Rate (MPR) by 50 basis points, bringing it down to 26.5 percent. This move reflects the Bank’s ongoing effort to stimulate economic activity and provide some relief to businesses and consumers facing persistent high borrowing costs in the economy. In addition to adjusting the MPR, the CBN has maintained the structure of its standing facilities […]

Hakimi to face trial over rape allegation, denies accusation.

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Hakimi to face trial over rape allegation, denies accusation.

Moroccan international footballer Achraf Hakimi is set to stand trial in France over a rape allegation that first emerged in 2023. Hakimi, who plays as a defender for Paris Saint-Germain and represents the Morocco national team, has firmly denied the accusation. In a statement shared on social media on Tuesday, the 25-year-old described the allegation as unjust and expressed confidence that the judicial process would clear his name. “This is […]

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