Breaking News in Nigeria Today Monday 8th February 2021
Here are some of the Breaking News in Nigeria Today Monday 8th February 2021 on some of the nation newspapers .
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Beyond CBN’s restructuring of Commodity Exchange
On Tuesday, January 26, 2021, the Governor of Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, addressed the first press conference in the year where he unfolded the decision of the Monetary Policy Committee (MPC) on the rates that will drive operations in the money market. Expectedly, all the key indicators were retained. Monetary
NNPC cuts spending by N4.81bn in one month
…pushes trading surplus to N13.43bn Crude oil, gas export sales hit $108.84m The Nigerian National Petroleum Corporation (NNPC) cut its monthly expenditure (spending) by 1.16% or N4.81 billion in November 2020 and pushed the Corporation’s trading surplus to N13.43 billion for the month. The surplus, contained in the November 2020 edition
RRS arrests 27 suspected criminals
Police have arrested 27 suspected criminals during a raid of major blackspots in Lagos State. Those arrested were identified as Olajide Kolawole (26), Kehinde Ayoola (25), Dola Abdulahi (20), Michael Ogunbade (19) and 23 others. The state Police Public Relations Officer (PPRO), CSP Muyiwa Adejobi, said in a statement yesterday that the arrests were
Dust over Ganduje’s proposed ban on cattle movement
Lawyers: FG must enforce existing laws to curb open grazing Should the National Assembly promulgate law banning cattle movement from the North to other parts of the country in order to stem the rising tide of farmers and herders clash? Lawyers say yes, no. AKEEM NAFIU reports “Governor Ganduje is not wrong. We
Osimhen not fully fit, says Napoli coach
Napoli coach, Gennaro Gattuso, has said Super Eagles striker Victor Osimhen is yet to attain full fitness despite returning to the starting eleven of the Serie A side. Osimhen was hauled off in the 57th minute of the 2-1 loss at Genoa in a Serie A fixture on Sunday and questions have been raised
Troops kill 52 bandits in Zamfara –DHQ
Troops of Operation Hadarin Daji have killed at least 52 suspected bandits in Zamfara State. The Defence Headquarters (DHQ) said in a statement that it was continuation of aggressive clearance operations. The DHQ added that 16 motorcycles, arms and ammunition, among others, were recovered during the operation. It said the operation, which was carried
Stay away from parks, Ogun warns NURTW members
Ogun State government yesterday said it had not lifted the embargo placed on the activities of the National Union of Road Transport Workers (NURTW). The government therefore warned the leadership of the NURTW and their operatives to stay away from all parks in the state to avoid incurring the wrath of the law.
Regency Alliance: Earnings decline amid sustained challenges
Regency Alliance Plc is grappling with reduced premium growth due to challenging operating environment. CHRIS UGWU writes Despite the recapitalisation of insurance firms in 2007, insurance sector has continued to struggle with challenges such as dearth of appropriate human capital and professional skills, poor returns on investment, existence of too many fringe players and
How I prayed, fasted not to be made RCCG General Overseer – Adeboye
Pastor Enoch Adeboye has recounted how he and his wife, Folu, prayed and fasted for 14 days asking God, not to be ordained as General Overseer of the Redeemed Christian Church of God (RCCG). Speaking yesterday in Lagos at the monthly thanksgiving service of the church, which coincided with his 40th anniversary as General
Cryptocurrency: How cyber-criminals’ activities triggered CBN’s clampdown
Hijack of the customer data base of one of the country’s commercial banks by a cybercriminal cartel, which demanded ransoms in bitcoins before it would release the database, played a major role in the Central Bank of Nigeria’s (CBN) decision to order the immediate closure of the accounts of individuals and firms transacting in, or
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