Page 44 – Independent Digital News Network

CBN cuts policy rate to 23% — now the test is whether cheaper money reaches businesses

The CBN has cut its benchmark interest rate to 23%, but the real test is whether lower policy rates translate into cheaper bank credit, stronger investment and wider economic relief.

Police arrest suspect after High Chief shot dead at Ondo funeral

Abieyuwa1 month ago1 month ago0

High Chief Akinwalere Akinola was fatally shot during funeral rites in Ayeka, Ondo State. Police have arrested one suspect and opened an investigation, while witnesses describe the shooting as accidental.

Nigeria opens 40 oil blocks as test shifts from licences to actual drilling

IDNN1 month ago1 month ago0

Nigeria has opened 40 oil and gas blocks in its 2026 licensing round, but the real test will be whether successful bids translate into deployed capital, drilling and production.

NiMet warns of flash-flood risk in 21 states and FCT

Abieyuwa1 month ago1 month ago0

NiMet has warned of potential flash flooding across parts of 21 states and the FCT through October 10. Nine states are under moderate potential risk, but the alert does not mean flooding is already occurring everywhere listed.

Four Africans Make World Athlete of the Year List as Amusan, Ajayi Miss Out

IDNN1 month ago1 month ago0

Tigst Assefa, Agnes Ngetich, Collen Kebinatshipi and Sabastian Sawe carry Africa’s challenge for the 2026 World Athlete of the Year awards, with no Nigerian athlete among the 20 nominees.

Nigeria Weighs FIFA Compensation Claim After Fresh DR Congo Eligibility Revelations

IDNN1 month ago1 month ago0

Nigerian authorities are examining further options, including possible compensation from FIFA, after fresh disclosures revived the dispute over Lionel Mpasi’s eligibility.

Oke Sefu residents seek repair of deplorable Ogun road

Abieyuwa1 month ago1 month ago0

Residents of Oke Sefu say flooding, potholes and slippery sections are making daily movement harder and more expensive, while the Ogun State Government has not given a specific repair date for the road.

Lagos Mile 2 crash leaves four critically injured

Abieyuwa1 month ago1 month ago0

Four people were critically injured in a multi-vehicle crash at First Gate, inward Mile 2, Lagos. LASTMA says apparent brake failure may have contributed, but the final cause remains under investigation.

FIFA Faces Fresh Questions After Reports DR Congo Used Ineligible World Cup Player

IDNN1 month ago1 month ago0

Reports citing internal FIFA documents have reopened scrutiny over DR Congo goalkeeper Lionel Mpasi’s eligibility and FIFA’s handling of Nigeria’s earlier World Cup complaint.

Super Eagles Fight Back From 3-1 Down to Hold Russia 3-3

IDNN1 month ago1 month ago0

Akor Adams struck in the 94th minute as a heavily rotated Super Eagles side recovered from 3-1 down to force a dramatic 3-3 friendly draw with Russia.

Police say four arrested over fatal Gwarinpa Expressway shooting

Customs auctions 15,375 litres of seized petrol in Ilorin

Benue Assembly extends Kwande chairman’s suspension

CBN cuts policy rate to 23% — now the test is whether cheaper money reaches businesses

Police arrest suspect after High Chief shot dead at Ondo funeral

Nigeria opens 40 oil blocks as test shifts from licences to actual drilling

NiMet warns of flash-flood risk in 21 states and FCT

Four Africans Make World Athlete of the Year List as Amusan, Ajayi Miss Out

Nigeria Weighs FIFA Compensation Claim After Fresh DR Congo Eligibility Revelations

Oke Sefu residents seek repair of deplorable Ogun road

Lagos Mile 2 crash leaves four critically injured

FIFA Faces Fresh Questions After Reports DR Congo Used Ineligible World Cup Player

Super Eagles Fight Back From 3-1 Down to Hold Russia 3-3