SERAP has sued INEC at the Federal High Court in Abuja over its alleged failure to account for more than N126 billion in electoral funds flagged by the Auditor-General.
Nigerians are feeling the pinch of rising prices, and the Central Bank is taking decisive action. Governor Dr. Olayemi Cardoso reaffirmed the Monetary Policy Committee's (MPC) commitment to keeping interest rates high to combat inflation. This comes after two significant interest rate hikes in 2024, pushing the benchmark lending rate to a record 24.75%.
SERAP has sued INEC at the Federal High Court in Abuja over its alleged failure to account for more than N126 billion in electoral funds flagged by the Auditor-General.
The federal government has renewed its push for one million CNG vehicles to cut transport fares, with about 120,000 vehicles converted so far, officials say.