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The Central Bank of Nigeria (CBN) as said that its staff in Jos Branch, on Tuesday averted what would have been another major fire disaster in the country.

Analysts welcome reduction of lending rate by central bank

Financial analysts on Friday said the reduction of the monetary policy rate from 13.5 to 12.5 per cent, as announced by the Central Bank of Nigeria would expand the level of output in the economy and to some extent address inflation trend occasioned by the COVID- 19.

Companies begin end of year dollar repatriation

Many foreign companies operating in Nigeria have commenced year-end dollar repatriations to their home countries, Newsmen have learnt. The move, if unchecked, could impact negatively on the naira which has maintained long term stability.

Analysts dismiss MPR cut as hasty, with zero impact on lending

Financial analysts have described the decision of the Central Bank of Nigeria, CBN, to reduce the Monetary Policy Rate, MPR, to 13.5 per cent as a hasty decision with zero impact on boosting lending to businesses.
Nigeria Stock Exchange

NSE: Financial analysts advise investors to increase stocks

Some financial analysts on Thursday urged capital market investors to take the advantage of the current low price of equities to increase their stocks in the market.

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The peaceful protest is fast yielding results with the disbandment of the Special Anti-Robbery Squad (SARS) and setting up a judicial panel of enquiry by state governments.

Security beefed up in Abuja as Apo victims count losses

Security has been beefed up in Apo Village, settlement in Abuja after the Monday mayhem in which vehicles were burnt and houses destroyed.

#EndSARS: NUT, NAPPS back Lagos’ closure of schools

The Nigeria Union of Teachers, NUT, and the National Association of Proprietors of Private Schools, NAPPS, have thrown their weight behind the decision of the Lagos State government to shut down schools following the violent dimension the #EndSARS protest has taken.
The Lagos State Governor, Mr Babajide Sanwo-Olu, on Monday said that the Coronavirus pandemic had shown Nigerians that there was need for prayers.

#EndSARS: Lagos imposes 24-hour curfew

Following the violence that has erupted in different parts of Lagos State, Governor Babajide Sanwo-Olu has announced a 24-hour curfew, effective 4 p.m. Tuesday.
AbdulRahman AbdulRazaq of Kwara

Kwara governor names 10-member judicial panel on police brutality

Gov. AbdulRahman AbdulRazaq of Kwara has named a 10-member judicial panel of inquiry into issues of brutality, human rights abuses and extrajudicial killings by the Police.
The Lagos Chamber of Commerce and Industry (LCCI) said that the Nigerian economy has lost over N700 billion to the #EndSARS protests over the last 12 days.

#EndSARS: Protesters block major roads in Ibadan

The nationwide protest against police brutality continued on Tuesday in Ibadan, the Oyo State capital.