Banks earn N10.3bn interest on idle cash placement
Banks earned N10.3 billion as interest on idle cash placed as deposit with the Central Bank of Nigeria (CBN) in 12 months from October 2014 to September 2015. This is however 62 percent lower than the N27.25 billion earned in the preceding period from October 2013 to September 2014. Banks access the Standing Lending Facility (SLF) of the CBN to borrow while they access the Standing Deposit Facility (SDF) to place their idle cash as deposit with the CBN.
Don’t Judge Islam by misbehaviour of some Muslims – Don
Prof. AbdulHafiz Oladosu of the Department of Arabic and Islamic Studies, University of Ibadan, has called on world leaders not to judge Islam from the negative attitude of some Muslims.
Diversion of petroleum products attracts N150 fine per liter in Kano State
Marketers caught diverting petroleum products in Kano State will henceforth pay a fine of N150 per litre of the diverted product. Alhaji Rabiu Bako, Chairman of The Task Force on Distribution of Petroleum Products in the state, said this during a news conference on Sunday in Kano.
Embrace family planning, cleric advises couples
A Cleric, Rev. Fr. Leonard Ojorgu of St Peters Catholic Church, Calabar, has advised couples to embrace family planning by having only the number of children they could cater for.
Paris attacker Samy Amimour buried
Samy Amimour, one of the men that massacred 90 people at the Bataclan music venue in Paris, was buried north of the city, local officials said Sunday.
Uncertainty over Van Gaal as Man United play Chelsea
Manchester United’s under-performing players approach Monday’s home game with Chelsea not knowing whether besieged manager Louis van Gaal will still be in the dug-out when they take to the field.
