Nigeria’s Economy Could Slip Into Recession, CBN Warns

The Monetary Policy Committee of the Central Bank of Nigeria on Tuesday warned that the country’s economy could slip into recession by next year if proactive steps were not taken by the Federal Government to revive key sectors of the economy.

It also reduced the Cash Reserves Requirements for Banks from 31 per cent to 25 per cent as well as retained the Monetary Policy Rate at 13 per cent.

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AT LAST! ECOWAS Leaders Meet On Burkina Faso Crisis

West African leaders on Tuesday held a one-day summit in Nigeria's capital city, Abuja to find a solution to the political stalemate in Burkina Faso.

The meeting, which was hosted by President Muhammadu Buhari followed a visit by a delegation from the Economic Community of West States to the country last Thursday.

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PDP Super Delegates Endorse Dickson As Sole Candidate

PDP Super Delegates Endorse Dickson As Sole Candidate

Ahead of the September 24 primaries of the Peoples Democratic Party, PDP, in Bayelsa State, the party super delegates have endorsed Governor Seriake Dickson as the party’s sole candidate.

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Breaking News: Diego Costa Handed Three-Match Ban For Violent Conduct Against Koscielny

Chelsea Striker Diego Costa has been banned for three games after the FA’s independent regulatory commission found him guilty of violent conduct following his collision with Laurent Koscielny on Saturday.

The Chelsea bad-boy will miss Wednesday's Capital One Cup tie against Walsall, followed by Saturday’s Barclays Premier League clash at Newcastle and their home game with Southampton.

Chelsea are furious with the decision and are angry with referee Mike Dean after he retrospectively claimed he would have sent off Costa for the 43rd-minute incident with Koscielny.

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International appointments: Jonathan congratulates Okonjo-Iweala

Former President Goodluck Ebele Jonathan, yesterday, congratulated Dr Ngozi Okonjo-Iweala over her recent appointment to two key international positions, stating that her performance as Finance Minister

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Why they are after me by Saraki... READ SHOCKING DETAILS

Why they are after me by Saraki...

 

SENATE President Bukola Saraki who appeared  before the Code of Conduct Tribunal, CCT  following a 13-count charge against him by the Code of Conduct Bureau, over alleged falsification of assets he admitted, said Tuesday that if he was not the Senate President, he would not be going through the present trial.

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