Governor Rauf Aregbesola of Osun State has listed ways for Nigeria to quickly get out of the current economic recession.

Former Minister of State for Defence, Senator Musiliu Obanikoro, will be made to account for the N4.7 billion traced to firms linked to him, if he is found to be culpable, a top source in the commission, said last night.

The factional candidate of the Peoples Democratic Party, PDP, in the November 2016 Ondo State governorship election, Jimoh Ibrahim, has accused the Independent National Electoral Commission of trying to exclude him from the election by not accepting his papers as the authentic candidate of the PDP.

THE APC in Ondo State weekend set up a committee to interface with the Governorship candidate of the party; Mr. Oluwarotimi Akeredolu SAN on the methods to be used for the appointment into political offices should the party win the November 26 governorship election in the State.

ABUJA—STRONG indications of fresh crisis between the Senate and the executive branch of government emerged yesterday after the legislative house suspended further consideration of the Medium Term Expenditure Framework (MTEF) and the Fiscal Strategy Paper, FSP.

LAGOS—Operatives of the Rapid Response Squad, RRS of the Lagos State Police Command, weekend, rescued a 15-year-old girl, who was allegedly abducted and turned into a sex slave by a tricycle operator in Agege area of Lagos.

The National Judicial Council, NJC, yesterday, distanced itself from media report that it recanted its earlier position on the issue of seven judges that were arrested by the Department of State Service, DSS, between October 7 and 8.

Aliko Dangote has once again spoken about his hopes to take control of Arsenal.

By Ndahi Marama MAIDUGURI—The Caretaker Committee Chairman of Gubio Local Government Area of Borno State, Zanna Modu Gubio, has introduced free feeding of pupils in all the primary schools to encourage  increase in the number of enrolment. He also distributed free school uniforms and teaching materials to the 21 schools now fully in operation, following […]

Spanish sensation, Enrique Perez weekend won the men’s singles crown of the Lagos Governor’s Cup Tennis Futures 6, marking a highly successful two weeks of circuit tennis for the 25 year-old Challengers Tour player.

The Central Bank of Nigeria’s treasury instrument suffered huge under-subscription for the first time in recent months, following the lingering liquidity squeeze in the money market.

ABEOKUTA—MEN of Ogun State Police Command have arrested one 19-year-old Felix Gbadebo for allegedly defiling a 10-year-old girl (names withheld).

To the best of my knowledge that is not correct. Yes, banks would make money when the yield on CBN instruments goes up and bank customers also move funds to invest in the instruments, creating liquidity tightening. If you check the website of FMDQ you will see that the volume of trade in the fix income market has flattened and now the volatility has flattened.

Shareholders of quoted companies, yesterday, advocated for backward integration process to be imbibed by the manufacturing companies in order to overcome the current scarcity of foreign exchange, forex in the country .

In the report titled ‘Banks bad loans rise above CBN limit’, the report which was attributed to Bloomberg, the global rating agency, also quoted Mr Emefiele’s statement in which he tried to re-assure Nigerians and the international community that all is well. According to the CBN Governor: “The Nigerian financial system remains stable and resilient in spite of prevailing macroeconomic challenges.”