CBN Raises Interest Rate from 18% To 18.5%…The Development Is Third This Year

LAGOS MAY 24TH (NEWSRANGERS)-The Central Bank of Nigeria (CBN) has raised the interest rate from 18 percent to 18.5 percent. The apex bank governor, Godwin Emefiele, announced the decision  on Wednesday after the policy-setting committee meeting at the CBN headquarters in Abuja. The development is the third consecutive time the apex bank will be raising…

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Seun Kuti Breaks Silence After Release From Prison, Says, ‘I Be Orphan’,  Thanks Those Who Showed Him Love

LAGOS MAY 24TH (NEWSRANGERS)-Seun Kuti, the Grammy-nominated afrobeat artist, has spoken out for the first time since his release from police custody. According to Gistlover, the singer was granted bail on Tuesday after being arrested at the State Criminal, Investigations and Intelligence Department, SCIID, Yaba, Lagos on the orders of a Yaba Chief Magistrate Court…

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Under-20:  Flying Eagles Dare Italy Today, Say They Are Not Scared Of The Youthful Azzuris

LAGOS MAY 24TH (NEWSRANGERS)-The Flying Eagles will fancy their chances against Italy on Wednesday (today) in Group D of the ongoing U-20 World Cup in Argentina. Both sides battle at the Estadio Malvinas Argentina from 3pm local time (7pm Nigerian time). The Nigerians managed a 2-1 win over debutants Dominican Republic in their opening game…

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Panic in Osun As 35 Pupils Fall Unconscious After Inhaling Teargas Fired By Police

LAGOS MAY 24TH (NEWSRANGERS)-There was panic in Osogbo, the Osun State capital, on Tuesday as about 35 pupils of Fakunle Comprehensive School, Osogbo, were hospitalised after inhaling teargas fired by some riot policemen. The pupils who became unconscious after inhaling the teargas were rushed to two different hospitals for urgent medical attention. As the news…

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Detained Grammy Award Nominee, Seun Kuti Finally Regains Freedom

LAGOS MAY 24TH (NEWSRANGERS)-Afrobeat musician, Seun Kuti has been released on bail from detention having met his bail conditions. Lawyers representing the music star earlier in the day said he might be released on bail from detention on Tuesday as ordered by the Chief Magistrate, having fulfilled his bail terms. The lawyers, Adeyinka Olumide-Fusika (SAN)…

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