Norway Expels Russian Officials

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Norway has expelled 15 Russian officials it had accused of spying under diplomatic cover.

Foreign minister Anniken Huitfeldt stated that Norway would not allow Moscow to use its embassy to carry out covert intelligence activities.

This is the latest in a string of Russian expulsions since it launched the full-scale invasion of Ukraine last year.

Written by: Helen Obih

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Commercial Banks Resumes Revising Interest Rates

Commercial banks across Nigeria have begun revising their interest rates. This is coming after the Central Bank of Nigeria, CBN, raised its benchmark lending rate to 18 per cent last month. CBN Governor, Godwin Emefiele, noted that the committee voted to keep the asymmetric corridor at +100 and -500 basis points around the MPR.

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