Former President Goodluck Jonathan yesterday enjoined Nigerians to pray and work for the good of the country, stressing that God would see the nation through its period of hardship.

LAGOS—Twelve men, who have been on the wanted lists of the Police for allegedly beheading one Afeez Obokwu in May this year, have been arrested by officers of the Special Anti-Robbery Squad, Lagos State Criminal Investigation and Intelligence Department, Panti Yaba.

Mr. Fajemidagba Foluso is an elder in the Christ Apostolic Church, CAC, Mowe in the Obafemi Owode Local Government Area of Ogun State. Foluso who recently had a close shave with death in the hands of persons suspected to be ritual killers, narrated his ordeal to Vanguard Metro.

Aero Contractors Airlines to disembark passengers on its chartered flight at the Bauchi Airport on Saturday.This was disclosed yesterday by Mr James Odaudu,

The Central Bank of Nigeria is obviously, currently losing the battle to arrest inflation and the unyielding slide in the Naira’s exchange rate. Regrettably, with inflation persistently closer to 10%, all static incomes have lost over 40% of purchasing values since 2010; thus, the laborer’s N18,000 minimum wage may just be worth less than N10,800 today. Instructively, however, spiraling inflation is, usually, primarily triggered by uncontrolled and liberal money supply. Consequently, monetary authorities in successful economies everywhere, endeavor to keep inflation below 2% by managing money supply!

THE euphoria following the inauguration of President Muhammadu Buhari’s regime seven months ago .appears dampened by a plethora of economic problems, one of which is the savage return of fuel scarcity, which has been on for two months.

Lagos—A Federal High Court sitting in Lagos, has ordered Stanbic IBTC Bank Plc to pay a former Group Managing Director of Afribank Nigeria Plc, Patrick Olayele Akinkuotu and his company, Longterm Global Capital Limited the sum of N4.5 billion for breach of contract.

Many Nigerians do not seem to understand the role of the CBN in an economy. Some believe that the CBN is an authority in itself and does not take instruction from government. Yes, it is true that the CBN enjoys some autonomy; that is as far as its management is concerned. The CBN is the banker to the Federal Government and its economic and financial adviser. It is in the final analysis responsible to the president.

Banks are desperately searching for how to invest the over N1 trillion of excess cash in their vaults. This desperation was reflected in trading for treasury bills (government securities) where banks and other investors demanded for 291 percent more bills than the amount offered for sale by the Central Bank of Nigeria (CBN). Trading results show that banks and other investors demanded for N791.42 billion worth of treasury bills but the CBN offered N202.4 billion.

ASABA- Suspected kidnappers of the two Catholic Priests kidnapped in Delta state have reportedly established contact with the Issele-Uku Diocese demanding a ransom of N100 million.