Excess liquidity to persist as N1.7trn inflow hit interbank market

Excess liquidity to persist as N1.7trn inflow hit interbank market

THE surfeit of excess liquidity in the interbank money market will persist this week courtesy of inflow of about N1.7 trillion. Consequently, cost of funds is expected to remain in the lower single digit level while the Central Bank of Nigeria (CBN) is expected to sustain liquidity mop through sale of OMO (Open Market Operation) treasury bills.
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Two sides claim victory in Togo vote as challenger cries foul

Two sides claim victory in Togo vote as challenger cries foul

Two sides have claimed victory in Togo’s presidential election as the main challenger to incumbent Faure Gnassingbe cried foul, citing “revelations of fraud”. The national electoral commission Ceni has yet to announce results from Saturday’s election, which passed off peacefully in the West African nation. But Gilbert Bawara, minister of public functions and a strong […]

NPFL: Rejuvenated Nasarawa United spank Enyimba

NPFL: Rejuvenated Nasarawa United spank Enyimba

Nasarawa United Football Club side recorded another home win in the Nigeria Professional Football League (NPFL) on Sunday by defeating Enyimba International of Aba 2-0 at the Lafia Township Stadium. The News Agency of Nigeria (NAN) reports that the 2019/2020 NPFL) Match Day 21 fixture saw hosts Nasarawa United playing with much more vigour to […]

Police arrest notorious burglar, recover stolen items

Police arrest notorious burglar, recover stolen items

Policemen from Ikorodu, Lagos, have arrested a serial burglar, Ganiu Solomon and recovered some stolen items from him. The spokesman of the Lagos State police command, DSP Bala Elkana, who disclosed this in a statement on Sunday, said the suspect was arrested following complaints of burglary and stealing by residents of the Ota Ono area […]

Cristiano Ronaldo heaped praise on Paris Saint-Germain’s Kylian Mbappe

Cristiano Ronaldo heaped praise on Paris Saint-Germain’s Kylian Mbappe

Cristiano Ronaldo hailed Paris Saint-Germain star Kylian Mbappe as the present and the future of football. Mbappe has established himself as one of the best players in the world after bursting onto the scene with Ligue 1 outfit Monaco in 2016-17. The coveted 21-year-old has already won a World Cup, three Ligue 1 titles and […]

Osinbajo, Lawan, Okowa, others extol Omo-Agege’s leadership virtues

Osinbajo, Lawan, Okowa, others extol Omo-Agege’s leadership virtues

ABUJA- VICE  President Prof. Yemi Osinbajo; President of the Senate, Senator Ahmad Lawan and Delta State Governor Ifeanyi Okowa, Sunday extolled the leadership virtues of the Deputy President of the Senate, Senator Ovie Omo-Agege, All Progressives Congress, APC, Delta Central

Hazard’s injury doesn’t look good, admits Madrid boss Zidane

Hazard’s injury doesn’t look good, admits Madrid boss Zidane

Real Madrid’s Eden Hazard came off with an injury in the loss to Levante, with Zinedine Zidane fearful over the extent of the problem. Eden Hazard’s availability for Real Madrid’s crunch fixtures against Manchester City and Barcelona appears in doubt after Zinedine Zidane admitted his latest injury “doesn’t look good”. The Belgium forward hobbled off […]

‘Aiye’ and ‘Eiye’ confraternity members arrested over battle for supremacy

‘Aiye’ and ‘Eiye’ confraternity members arrested over battle for supremacy

The  Lagos State Police Command has arrested members of ‘Aiye’ and ‘Eiye’  confraternity who engaged themselves in a battle for supremacy over the weekend at Iso Isu area of Ijora Badia. A statement signed by the Lagos Police Public Relations Officer, DSP Bala Elkana and released to newsmen on Sunday in Lagos, said that they […]

Barcelona players to have Coronavirus checks ahead of Napoli clash

Barcelona players to have Coronavirus checks ahead of Napoli clash

Barcelona players will reportedly undergo coronavirus checks when they land in Naples this week, as authorities batten down the hatches to prevent the epidemic spreading further. The hysteria surrounding the virus reached fever pitch in Italy over the weekend. There are more than 100 confirmed cases of the potentially deadly illness in the country, and […]

Ethiopia: 29 injured in ‘bomb attack’ at pro-Abiy rally

Ethiopia: 29 injured in ‘bomb attack’ at pro-Abiy rally

A “bomb attack” on a rally in support of Ethiopian Prime Minister Abiy Ahmed injured nearly 30 people Sunday, a police official said, in the latest sign of instability ahead of elections in August. The incident occurred in the town of Ambo, located roughly 100 kilometres (60 miles) west of the capital, Addis Ababa. “The […]