CBN postpones MPC amid rising inflation

The Central Bank of Nigeria has, once again, deferred the meeting of its monetary policy committee despite a surge in inflation. CBN’s Director of Corporate Communications, Dr. Isa Abdulmumin, confirmed the postponement, citing the upcoming Chartered Institute of Bankers of Nigeria dinner as a possible reason.

The event, known as ‘The Governors Day,’ is set for Friday, 24th, where Governor Olayemi Cardoso is expected to present an economic roadmap.

Economic experts express concern over the delay, emphasizing the importance of MPC meetings in providing information about the economy and guiding government policy direction.

Cordros Capital predicts a potential 100 basis points hike in the Monetary Policy Rate, signaling the CBN’s commitment to the ongoing fight against inflation.

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November 27, 2023

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November 14, 2023

Old Naira notes stay legal – CBN

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Former finance Minister, Soleye, dies four days after birthday celebration

Former Finance Minister, Dr Onaolapo Soleye, has been reported dead. Soleye who marked his 90th birthday on Saturday in Abeokuta, Ogun State died at

FRSC begins mobile court to curb road accidents on Lagos – Ibadan expressway

Following the incessant road crashes that have claimed the lives of people and left others injured, the Federal Road Safety Corps (FRSC), Ogun Command,

Ogun Gov’ship Poll: Court reserves judgment in Adebutu’s appeal against Abiodun

A Court of Appeal sitting in Lagos on Tuesday reserved its judgment in an appeal filed by the Peoples Democratic Party (PDP) candidate, Ladi

Banks, others shun NLC, TUC strike in Ogun

Some commercial banks, schools, and private organizations in Abeokuta, Ogun state have shunned the directives of the labour congress to stay out of work.

Detty December: Ogun police bans use of banger

The Ogun state police command has banned the indiscriminate use of explosive fireworks popularly called banger. The ban was announced on Monday, in a

Abiodun has changed Ogun’s fortune for better- Akinmade

The Special Adviser to Ogun state governor, Dapo Abiodun, on Media and Strategy, Kayode Akinmade has said the governor has changed the state’s fortune for

Let’s go back to farm, OGD begs Nigerians

Otunba Gbenga Daniel, a former governor of Ogun State and senator for Ogun East in the National Assembly, has urged Nigerians to get back

Three confirmed dead in Sagamu fresh cult clash

Three person have been confirmed dead in the fresh cult killings in Sagamu, Ogun State. This was confirmed on Monday by the state police

Ogun Agro-Cargo airport will revolutionise aviation industry — Abiodun

The Ogun state-owned Agro-Cargo International Airport, according to governor Dapo Abiodun, is set to revolutionise the country’s aviation industry. Abiodun noted that, the airport’s

Nigeria’s legislature a misunderstood arm of government, says Akpabio

Godswill Akpabio, President of the Senate, has labelled Nigeria’s legislature as the least understood instrument of government, claiming that the body has always been

Serve Nigeria first before demanding from it, Minister tells youths

Nigerian youths have been asked to serve their country with zeal and diligence first before making demands of it. The Minister of State for Environment

Auto crash claims 5 lives along Sagamu-Benin-Ore expressway

Five lives have been lost on Sunday, in a fatal crash that occurred along Ijebu-Ode Ore expressway The crash which occurred at about 06:09

Again, Ogun shuts factory over environmental pollution

The Ogun State government has shut down Supreme Agro Limited, an agro-processing company, in Igbesa, Ado Odo local government area due to severe industrial

INTERVIEW: My comedies have cured depression – Olusho Agba

Abiodun Omokayode, popularly known as Olusho Agba, is a comedian and skit maker based in Abeokuta, Ogun State. In this interview with OgunWatch, Olusho

Stop planting cocoa within forest reserves – Abiodun warns farmers

The Ogun state government has issued a warning to farmers and those living in the state’s forest reserves to stop growing cocoa seedlings, saying

32 year-old man rapes drunk girl in Ogun

Thirty two-year-old Gbenga Kolawole has been arrested by the Ogun police command for allegedly raping a sixteen-year-old girl who got drunk during an annual

Two die, ten injure in Lagos Ibadan auto crash

Two persons have been reported dead in a crash that occurred along the Lagos Ibadan expressway. The fatal crash which occurred on Friday at about

Abiodun: Benin is not challenging Nigeria for Tongeji Island

The governor of Ogun State, Dapo Abiodun, has said, the Tongeji Island is part of Nigeria and that the Republic of Benin is not

Neglect of cocoa for oil, cause of vulnerable economy, says Yoruba group

“ In the same Vein, we are also calling on our Legislators at the Red and Green Chambers to as a matter of urgency

Reverse tuition hike or face mass protest, NANS tells Abiodun

“ There is no excuse for any government to increase school fees abnormally for whatsoever reason because education should not be seen as a

Inside forced, child labour on Ogun cocoa farms

In spite of the global outcry against child labour and its adverse effects, a concerning surge in forced and child labour is observed among

Tuition hike: protest continues as TASUED Mgt plans N10,000 reduction

As agitation against fee hike continues, Tasued students on Wednesday resumed a fresh protest, blocking the Sagamu-Ore expressway. As previously reported by Ogunwatch, the university

Ogun seals 10 unapproved medical facilities, arrests 6

The Ogun state government has said six persons have been detained for quackery and has sealed 10 unapproved medical facilities in the Ado-Odo/Ota local

11 OAU undergraduates arraigned for alleged internet fraud

The Ibadan Zonal Command of the Economic and Financial Crimes Commission, EFCC, on Monday, November 6, 2023, arraigned eleven students of Obafemi Awolowo University, OAU,

Deeper life’s Kumuyi launches youth-powered GCK king’s circle

With the goal of having a positive impact on the lives of youth globally, the General Superintendent of the Deeper Christian Life Ministry, Dr.

S/West Governors stopped politicians’ interference in Oodua Group – Abiodun

The governor of Ogun State, Dapo Abiodun, said that the owner states of Oodua Investment Company Ltd. had made the decision to prohibit politicians

Ogun fish sellers protest 100% price hike

Fish sellers under the auspices of Fish and Seafood Sellers Association of Nigeria have on Tuesday stormed the Ogun state governor’s office in Abeokuta

Contribute to green economy, Obasanjo tells youths

With the aim of building an environmentally sustainable future, former President Olusegun Obasanjo has challenged young people in Nigeria to spearhead efforts against climate

Students kick as TASUED increases school fee to N240,000

Students of Tai Solarin University of Education, Ijagun, Ijebu Ode, Ogun State, on Monday expressed their anger in a protest over the increments of

Olu of Imasayi warns against falsehood over Aminu’s murder

The gruesome murder of one of the residents of Imasayi town, Aminu Ajayi, has drawn the attention of Oba Lukmon Kuoye of Olu of

Obasanjo, prime minister, proffer solutions to problems facing Africa, Caribbean

Former Nigerian President, Chief Olusegun Obasanjo, and Prime Minister of St. Vincent and Grenadines, Dr. Ralph Gonsalves, have expressed their belief on how Africans

Ogun investigates ‘pure water’ factories over cholera outbreak

Following the cholera outbreak in some areas of the state, the Ogun state government has announced that it will perform compliance checks at all

FG to give relief materials to flood victims in Ogun

The Federal Government has said it will provide relief materials to victims of the Isheri flood in Ogun state. Dr Betta Edu, Minister of

Police arrest two for ‘stealing’ Dangote truck in Ogun

The police in Ogun state have arrested Mohammed Ndatotu and Lawal for allegedly stealing a vehicle of the Dangote Cement Factory in Ibese. Omolola

Court jails 41 internet fraudsters in Oyo, Ogun

The Economic and Financial Crimes Commission (EFCC) Ibadan Zonal Command has convicted and sentenced of forty-one online fraudsters to different jail terms in the

Ogun govt warns Ondo against attacks, invasion on territory

The Ogun State government has warned inhabitant of Ondo state to stop invading Ogun lands and attacking natives in the communities that border the

I’ve delivered more housing units than all my predecessors – Abiodun

The governor of Ogun state, Dapo Abiodun has said that his administration has delivered more housing units in its first four years in office

23 year-old suspected cultist arrested during operation in Ogun

Twenty three year – old Afolabi Taiwo in Abioro Community, Sango Ado-Odo/Ota local government area of Ogun state have been arrested by the state

Ogun commissioner visits woman found with dead child, assures family of support

The Ogun State Commissioner for Women Affairs, Motunrayo Adijat Adeleye, has visited the home of Mrs. Aminatu, a mother who was discovered with a

Rising cost of fish sparks protest in Sagamu

On Wednesday, a group of concerned Nigerians took to the streets of Sagamu in Ogun State to voice their grievances against the rising cost

NIS arrests 30 illegal Beninoise, Congolese in Ogun

Thirty young suspected illegal migrant have being arrested and paraded on Tuesday by the Nigerian Immigration Service, Ogun Command. According to State Comptroller Abosede Olayemisi,

Abiodun’s administration is burying entertainment industry, says Dr Smile

The Ogun state governor, Dapo Abiodun has been accused of almost burying the entertainment industry in the state. This was stated by popular comedian

Oluyole club to award bursary to Ibadan indigenous students across Nigeria

The OLUYOLE club has stated its desire to award bursaries to deserving Ibadan indigenes enrolled in tertiary institutions throughout the country. According to a

Ogun: So-Safe admits killing abducted pastor during gun duel with kidnappers

The Ogun state So-Safe Corps, has on Monday admitted killing Adeniyi Adisa, a pastor during a shoot-out with suspected kidnappers on July 1, 2023.

Tribunal upholds Ogun speaker’s election, dismisses PDP’s petition

The National and State House of Assembly Election Petition Tribunal sitting in Abeokuta, Ogun State, has announced the Speaker of State House Assembly, Olakunle

Ogun launches compressed natural gas buses

The Ogun state government has on Monday unveiled 17 Compressed Natural Gas (CNG) Mass Transit Buses which will alleviate the suffering brought about by

Two minors arrested for setting Ogun school on fire

Nine year old Malik Iliasu and six year old Wahis Musa of Community Primary School, Isheri Olofin have been arrested for setting their school

BREAKING: Police finally lift Ogun SWAN cup after two failed attempts

The Nigeria Police Force (NPF) football team has on Sunday won the security and safety football tournament in Ogun State. In the championship game

Ogun govt shuts recycling company over pollution in Sagamu

The Ogun State Government has closed Maths Metal Recycling Limited in Sagamu due to industrial pollution after it intentionally spilled contaminated oil into its

Iyalode: Ogun govt will give a befitting burial, Abiodun says

On Saturday night, the governor of Ogun State made a condolence visit to the family of the late Iyalode of Yorubaland, Iyalode Alaba Lawson,

Stop blaming our leaders, contribute your quota -Cleric tells Nigerians

Nigerians have been urged to contribute their quota to the country’s growth and development rather than blaming leaders for the economic instability. Bishop Israel

BREAKING: Iyalode of Yorubaland, Alaba Lawson, is dead

Chief Mrs. Oluwaseun Alaba Lawson, the Iyalode of Yorubaland has been reported dead, at the age of 72 years. She was born on January

OGSIEC declares APC’s Adeyemi winner of Ilado Ward 10 by-election

Hon. Abosede Adeyemi was announced the winner of the just concluded councillorship bye-election in Ilado Ward 10, Odogbolu local government area of Ogun state

603 students receive scholarship in Ogun

The Gbemiga Abiodun Education Programme has awarded scholarships to 603 students in primary, secondary, and postsecondary schools across Ogun state, allowing poor kids in

Ogun red, blue rail lines to be implemented in 2024, says Abiodun

The projected red and blue rail lines, which are being developed in collaboration with the Lagos State Government, would be implemented in 2024–2026. This

Demolition: Get necessary information before building, Crestline Properties boss tells public

Following the recent demolition of houses in Ogun State, the CEO of Crestline Properties Nigeria Limited, Samuel Somide has advised the public to learn

Badagry to become center for Africa Slave Trade Museum- Obasanjo, Garvey

Badagry in Lagos State has been selected as the location for the World Africa Slave Trade Museum by both Dr. Julius Garvey, the head

Tinubu’s victory, a victory for Nigerian State says Abiodun

Ogun State Governor Dapo Abiodun hailed the Supreme Court’s ruling to which dismissed the PDP and Labour Party presidential candidates’ appeals against President Bola

NAFDAC destroys fake, expired goods worth N16bn in Ogun

The National Agency for Food and Drug Administration and Control (NAFDAC) on Thursday, destroyed fake and expired goods worth over N16 billion at Oke-Diya

Demolition: Ogun govt sold our inheritance to foreigners, victims cry out

Victims of demolished properties in Ajegunle-Araromi Makun community of Sagamu local government area of Ogun state, have accused the state government of forcefully taking

Rep rejects motion on free registration for WAEC, NECO, JAMB

A motion, calling on the federal government to make all secondary school examinations for 2023/2024 free as part of measures to reduce the effect

Isheri flooding: We may demolish houses for permanent solution – Abiodun

The Ogun state government has said in order to find permanent solution to the flooding in the Isheri community of Ifo local government area,

Ogun govt begs for FG intervention on Isheri flooding

Ogun State Governor, Dapo Abiodun, has called on the Federal Government to intervene in addressing the periodic flooding that affects the Isheri community in

Armed robbers break into hostels, rape TASUED students

Four female students of the Tai Solarin University of Education (TASUED), Ijagun, Ijebu-Ode, Ogun State, have been reportedly raped by some alleged armed robbers. Ogunwatch

Abiodun reiterates administration’s all inclusive government

The governor of Ogun State, Prince Dapo Abiodun, has reiterated the inclusive governing principles of his administration, committing to uphold transparency, accountability, and citizen

Ogun women affairs commissioner pledges continuous investment in women

The Ogun state ministry of women affairs and social development has pledged that the ministry would keep making continuous empowerment and protection of the

OGSIEC to hold by – election in Ilado Ward 10 to replace dead councillor

To replace the late councillor, Hon. Olufemi Taiwo of Ilado ward 10 in the state’s Odogbolu local government area the Ogun sate Independent Electoral

Ogun IGR increases from N78bn to N119bn in 2 years

Ogun State’s Internally Generated Revenue (IGR) has increased from N78.17billion in 2021 to N119.83billion in 2022, a report has shown. A 2023 report by

Protect your girl child from cervical cancer, Ogun begs parents

Parents and guidance have being urged to protect their daughters against cervical cancer by ensuring they obtain the Human papillomavirus (HPV) vaccine The appeal

100 women benefit from free medical tests on cancer, others in Ogun

More than 100 women on Monday, received free cancer screening among others at Adigbe Primary HealthCare Centre, Obafemi Owode local government area of Ogun

Ogun ministry spends over N1.04bn in 9 months

The Ogun state Ministry of Health says it has spent over N1.04 billion between January and September 2023. The Permanent Secretary of the Ministry

NANS demands justice for Nigerian student killed in Philippines

The alleged horrific murder of a Nigerian student in the Philippines has drawn criticism from the Senate arm of NANS. Senator Elvis Ekudina, Senate

Oba Odugbemi clocks 66, describes Lisa Community as ‘untapped resources’

Oba Nojeemdeen Oladele Odugbemi, the Olu of Lisa kingdom in Ifo local government area of Ogun state clocks 66 today. Lisa, a community placed

By the end of 2023, 200 housing units will be delivered to PMB estate says Abiodun

Dapo Abiodun, Governor of Ogun State, has revealed that approximately 200 units of semi-detached, detached, fully detached duplexes and terraces under construction at the

Ogun gives street traders 21-day ultimatum to vacate Lagos Ibadan expressway

As part of the government’s efforts to restore environmental sanity along the Lagos-Ibadan expressway, the Ogun state governor has issued all illegal street vendors

Ogun police to punish three officers for extortion

The Ogun state police command has said the three officers who were seen in a viral video extorting money from commercial motorbike riders at

JAMB receives multi-million naira virtual examination centre from NCC

Joint Admission and Matriculation Board (JAMB), Abeokuta has received a Virtual Examination centre as a gift from the Nigerian Communications Commission (NCC). The facility,

Subsidy Removal: Ogun ACOMORAN gives cash palliative to members

To lessen the impact of the subsidy removal, the Amalgamated Commercial Motorcycle, Tricycle Repairers And Riders Association Of Nigeria (ACOMORAN), Ogun state chapter has

Two feared dead as fire razes fuel station in Abeokuta

Two persons have been reported hospitalized on Wednesday after a fire outbreak which occurred at Nine Energies filling station in Asero, Abeokuta, Ogun State.

How Amotekun officer allegedly hit policemen with charms, injure three in Ogun

Amotekun Corps on Tuesday attacked police officers with charms and knives during the Value Jet/SWAN Security Cup. When the Police officers scored their second

Ogun customers are owing us N67 billion, IBEDC says

The Ibadan Electricity Distribution Company (IBEDC) has said customers in Ogun state owe over 67 billion naira adding that the huge amount of debt

Provide protective goggles for your workers, Ogun orders factories

Ogun State Government has asked factories to provide their workers with protective goggles in order to safeguard their sights. The government added that the

Army holds promotion examination for 286 Captains in Ogun

The Nigerian Army has said not less that 286 officers are taking part in the 2023 Captain to Major practical examination to test the proficiency

Ogun Govt alleges blackmail by opponents over palliative distribution

The Ogun State government on Sunday, expressed concern about the continuous attempt by opposition lawmakers to dismiss efforts by the state and federal governments

Hoodlums burgle Ogun palace, steal crown, staff of office

Suspected thieves have broken and stolen the crown and staff of office of Oba James Sodiya, the Olu of Ogunmakin town in Obafemi-Owode local

Consider Africa’s peculiarities when making developmental decisions Obj tells leaders

Former President, Olusegun Obasanjo has emphasized the need for Africa to consider the unique characteristics of its citizens while developing and implementing practical solutions

Aunt assaults 14 year old niece with hot pressing iron in Lagos

Fourteen year old Mariam Iman has being reportedly burnt with pressing iron by her cousin in bariga Lagos state. According to a source who

Unknown gunmen kills two, leave others injured in Ogun eatery

The incident occured at about 12:30a.m. on Monday.

Trump urges Putin to de-escalate tensions in Ukraine conflict

The conversation took place on Thursday from Trump’s Mar-a-Lago estate in Florida, just days after his unexpected victory over Democratic opponent Kamala Harris. Trump’s

Husband arrested for allegedly setting wife on fire in Ogun

According to an eyewitness account, the incident occurred around 8:30 p.m. on Friday following a domestic dispute. Although the exact details surrounding the altercation

Presidency: Atiku’s jealousy of Tinubu’s position leads to misinterpretation of Nigeria’s realities

The statement argued that Atiku's ideas, presented in his tweet titled “What We Would Have Done Differently,” lack relevance to Nigeria's current economic situation.

NASS, Ministry of Foreign Affairs Partner with Pelican Valley, NCBN to Attract Foreign Investments

The National Assembly and Ministry of Foreign Affairs have expressed readiness to partner with Nigerian real estate firm, Pelican Valley, NCBN and others in

CBN postpones MPC amid rising inflation

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