Nigeria news today headlines : Monday 1st June 2020
These are the Nigeria news today headlines updates from Nigerian newspaper .
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CBN Rate Cut Spurs Buying Interest, Pushes Bond Yields Down
LAGOS – The audacious move by the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) last week, in which it cut the policy rate by 100 basis points to 12.50 percent, has begun to create tension in the nation’s economy, especially the bond market. The committee had left other policy parameters unchanged. …
Buhari May Lift Curfew, Open Economy, Worship Centres
There are strong indications that President Muhammadu Buhari is under serious pressure to lift the 8p.m – 6a.m curfew he imposed nationwide to curb the spread of COVID-19 in the country. Beyond the curfew, which came into effect when the lockdown imposed in Lagos, Ogun and the Federal Capital Territory (FCT) was partially lifted, there …
Edo 2020: APC NWC Plans To Screen Out Obaseki
Ahead of the June 22 governorship primaries of the All Progressives Congress (APC) in Edo State, there are feelers that Governor Godwin Obaseki may be disqualified from participating in the primaries by the screening committeeset up by the national leadership of the party. A credible source in the party said aside the mode of primaries …
Your Lopsided Appointments Will Ruin Nigeria, Umar Tells Buhari
KADUNA – Col. Abubakar Dangiwa Umar (rtd), a major actor in the military junta that ruled Nigeria from 1983 – 1999, has appealed to President Muhammadu Buhari to review his appointments into major government offices. Col. Umar noted that the lopsidedness in key appointments had dangerously polarised the nation and was taking it to the …
New Satellite TV Rattles DSTv, StarTimes, Others
LAGOS – Leading digital satellite television service providers in Nigeria – DStv, GOtv, StarTimes and others – are being threatened by OurTV, a new satellite TV service operator launched recently. The uneasiness occasioned by the entry of the new operator is linked with the introduction of the free-to-air offer it has promised its subscribers. Over …
Edo APC Primary: Obaseki As A Student Can’t Set Rules For An Examination –Mayaki
Prince John Mayaki is the Director of Communication and Media, Pastor Osagie Ize-Iyamu Campaign Organisation. He is a former Executive Director (Media) to former Governor Adams Oshiomhole and ex-Chief Press Secretary to Governor Godwin Obaseki. In this interview with TEMIDAYO AKINSUYI, he speaks on the controversy trailing the mode of primary to be adopted by …
How Non-Oil Sector Can Help Nigerian Economy Absorb External Shocks – Analysts
LAGOS – Nigeria’s oil dependent economy contracted 1.87% year-on-year in the first four months of this year in comparison with 2.55% growth in the same period of 2019. This is as a result of the Federal Government’s measures put in place to curb the spread of the coronavirus pandemic which took their toll on the …
ICT’s Contribution Of 14.07% To Nigeria’s GDP Unprecedented – Pantami
JUSTUS ADEJUMOH, CHIBUZOR EMEJOR LAGOS/ABUJA – The Minister of Communications and Digital Economy, Dr. Isa Ali Ibrahim Pantami, has stated that the Information and Communications Technology (ICT) has contributed unprecedented 14.07 percent to the nation’s Gross Domestic Product (GDP). Dr. Femi Adeluyi, Technical Assistant, Information Technology to the Minister of Communications and Digital Economy, in …
Ndidi In Likely Move To Stamford Bridge
LAGOS – Leicester City of England midfielder, Wilfred Ndidi has gained interesting summer transfer attention from Chelsea, with a suggestion that he could be on his way to Stamford Bridge and join his club’s English Premier League (EPL) rivals at the end of this season. This is sequel to reports indicating that Chelsea are the …
Mahrez Losses £500,000 To Burglars
Manchester City winger, Riyad Mahrez has been revealed the latest English Premier League (EPL) star to fall victim to a terrifying home invasion, with burglars stealing £500,000 worth of valuables during a raid back in April. Tottenham Hotspur’s Dele Alli suffered minor facial injuries as he was held at knife point earlier this month, when …
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