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Analysts See Tighter Monetary Policy Not Easing Economic Woes

Lagos – In the absence of a strong fiscal policy direction, it has been observed that Nigeria’s economic woes may not abate anytime soon if inflation continues to rise and the monetary authority, the Central Bank of Nigeria (CBN), seeks to employ gradual tightening of monetary policy instruments. In January, CBN decided to hold the

FG, U.S. To Sign Pact On Repatriation Of Looted $321m

Abuja – The Attorney-General of the Federation and Minister of Justice, Abubakar Malami (SAN), on Sunday departed Nigeria to attend a three-day meeting of the United States – Nigeria Bi-National Commission in Washington DC. At the meeting, the AGF is expected to, on behalf of the Federal Republic of Nigeria, sign a tripartite agreement with

Man Caught In Kaduna Church With Explosives

Kaduna  – A man was apprehended on Sunday with what was suspected to be an improvised explosive device (IED) at the Sabon Tasha branch of the Living Faith Church, aka Winners Chapel, in Kaduna. Daily Independent gathered that this was not the first time the suspect was coming to the church, adding that just a

41,963 Passengers’ Luggage Missing, Delayed In One Year

Lagos – At least, 41,963 passengers’ luggage were declared missing or delayed among 37 international and local airlines in Nigeria’s aviation industry between January and December 2019. However, foreign airlines were the major culprits in baggage missing incidents as 41, 473 luggage belonging to passengers on international routes were delayed or missing, while the other

NASS Leadership To Meet Buhari Over Insecurity

Temidayo Akinsuyi Titilope Joseph  Lagos – The leadership of the National Assembly will this week meet with President Muhammadu Buhari over the rising insecurity in the country, Daily Independent has gathered. A presidency source said he is certain that the leadership of the National Assembly led by the Senate President, Ahmad Lawan, and the Speaker

20 Hospitalised After Herdsmen Attack Ebira Farmers In Ondo

Akure – No fewer than 20 Ebira farmers are now lying in critical conditions at different hospitals after suspected Fulani herdsmen on Saturday attacked them in some towns and villages in Akure North Local Government Area of Ondo State. The farmers were said to have been attacked on their farms by the herdsmen who invaded

Nigeria Acquires In-Country Capacity To Test Coronavirus

Lagos – Nigeria, with the help of World Health Organisation (WHO), has acquired in-country capacity to test for coronavirus. The Minister of Health, Dr. Osagie Ehanire, said this in a statement issued by Mrs. Enefaa Bob-Manuel, the Head of Media and Public Relations in the ministry, on Sunday in Abuja. Ehanire, who thanked WHO for the

Lagos Okada Ban: PDP To Lead Political Parties, CSOs On Massive Protest Today

Lagos – The Peoples Democratic Party (PDP), Lagos State chapter, will today lead a coalition of civil society organisations (CSOs) and other opposition parties to protest the ban on commercial motorcycles (okada) and tricycles (Keke NAPEP) in some parts of the state. Lagos government on January 27 wielded the big stick against the menace of

Buhari’s Lack Of Good Governance Responsible For Insecurity –Secondus

Prince Uche Secondus, National Chairman of the Peoples Democratic Party (PDP), in this interview took a swipe at the government of the All Progressives Congress (APC), describing it as the major cause of insecurity and underdevelopment in the country. He also spoke on many issues facing the country. SAM OGIDAN brings the excerpts:   What is

America Has Right To Place Travel Ban On Nigeria –Tony Momoh

Prince Tony Momoh, a former Minister of Information and one of the national leaders of the ruling All Progressives Congress (APC) speaks on the calls on President Muhammadu Buhari to resign, US travel ban and other issues. TEMIDAYO AKINSUYI brings the excerpts:   Senate Minority leader Eyinnaya Abaribe last week called for the immediate resignation of

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