CBN cuts interest rate to 26.5%, foreign reserves hit 13-year high

CBN cuts interest rate to 26.5%, foreign reserves hit 13-year high

By Our Reporter ABUJA (CONVERSEER) – Nigeria’s Central Bank started 2026 with a careful step, cutting the key interest rate to 26.5 per cent while keeping other measures like the Cash Reserve Ratio and liquidity steady – a sign of cautious steering of the financial system. Governor Olayemi Cardoso pointed to falling inflation, stronger banks,…

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Court sentences 39-year-old to life imprisonment for raping 8-year-old girl in Calabar

Court sentences 39-year-old to life imprisonment for raping 8-year-old girl in Calabar

By Frank Ulom CALABAR (CONVERSEER) – A Cross River State High Court sitting in Calabar has convicted and sentenced Uduak Etim Udo, a 39-year-old man, to life imprisonment for raping an 8-year-old girl. Converseer reports that Udo was sentenced on Tuesday, 24 February 2026, by Hon. Justice Blessing Egwu of the State High Court. The…

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