Further hike anticipated as inflation, interest — Nigeria — The Guardian Nigeria News – Nigeria and World News

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The question of whether to raise or hold the monetary policy rate (MPR) confronts the Monetary Policy Committee, the rate-fixing arm of the Central Bank of Nigeria (CBN), as its members converge on Abuja in the next two days for its crucial 295th meeting.

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A pregnant woman simply identified as Mrs Obi and her four-year-old son, who were kidnapped by a suspected criminal syndicate, have regained freedom after they escaped from their captors’ den at Eziama Ubulu in Oru-West Local Council of Imo State.

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A man said to be in his 50s has reportedly died at a bar located along the Lagos-Abeokuta expressway.The owner of the bar reported at Elere Police Division on May 15, that at about 6:16 p.m., the same day, a male customer whose name and address remained unknown

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The Okun-Ajah community has cried out to the Federal and Lagos State governments over alleged illegal variation to the contract of the controversial Lagos-Calabar coastal highway route which has put about 2,000 homes in the area at risk of imminent demolition.

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Suspected warlords, yesterday, beheaded two persons, abducted seven others, including women, and set five houses ablaze. The incident happened in Ikachi village at the Akparata area of Effium in Ohaukwu Local Council of Ebonyi State.



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