IN THE NEWS

Daily Watch – CBN investigates companies for forex infractions, Obaseki rides high in Edo

President Buhari has congratulated Edo Governor Godwin Obaseki, on securing a second term in office. Buhari's spokesman, Garba Shehu, said that the President said he is committed to free and fair elections “because it is the bedrock of true democracy.” Obaseki, on his part, described his re-election as a “triumph over godfatherism”. In a victory speech delivered in Benin City, he thanked his supporters who in his words, “displayed immense courage in the face of threats, intimidation, and brutalisation. The collective will of Edo people made it possible for us this triumph over godfatherism.” The Independent National Electoral Commission had declared Obaseki the winner of the governorship election. Obaseki of the Peoples Democratic Party polled 307,955 votes and won in 13 local government areas (LGAs) to defeat his closest rival, Osagie Ize-Iyamu of the All Progressives Congress, who got 223,619 votes and won in five. Obaseki was elected on the APC’s platform in 2016 but defected to the PDP a few months before Sunday’s vote after being denied the party’s ticket owing to intra-party squabbles. The Socio-Economic Rights and Accountability Project (SERAP) has sent an open letter to President Buhari, urging him to “urgently” instruct the Minister of Justice and ...
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NEWS

Daily Watch – Unemployment data imminent after 2-year hiatus, CBN chokes maize imports

The Central Bank of Nigeria has stopped the processing of ...
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Daily Watch – NFIU suffers Magu inspired burglary, Soldiers resign amid ‘loss of interest’

Nigeria’s Gross Domestic Product for the second and third quarters ...
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Daily Watch – Buhari signs revised budget today, Access moves to acquire Zambian bank

President Muhammadu Buhari will sign the ₦10.8 trillion revised 2020 ...
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Daily Watch – Schools to remain shut over COVID-19, ISWAP kills 23 soldiers

An explosion at the NPDC's Benin River Valve Station killed ...
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Daily Watch – Naira devalued, Magu out

Ibrahim Magu, who has acted as the chairman of the ...
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Daily Watch – Magu taken into custody, 3MB closes to get six-month face-lift

Nigeria's secret police have arrested the acting Chairman of the ...
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Daily Watch – Nigerian banks bleed despite world’s highest cash reserves, Petrol imports rise

Nigeria’s economy losses an estimated ₦10.1 trillion yearly to the ...
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Daily Watch – ORide O-ut, Banks face $5B forex gap

The latest Purchasing Managers’ Index (PMI) for the manufacturing sector ...
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Daily Watch – Petrol prices go up today, Gunmen attack coronavirus presser in Lokoja

Gunmen, on Wednesday, attacked the Federal Medical Centre in Lokoja, ...
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Daily Watch – SSA debt burdens rising faster than elsewhere, 21 million jobs affected by COVID-19

Finance minister, Zainab Ahmed has said that the coronavirus pandemic ...
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Daily Watch – Interstate travel restrictions eased, IMF cautions FG on aggressive tax policies

The Chairman of the Presidential Task Force on COVID-19 in ...
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Daily Watch – No SARS prosecutions despite reports, FAAN doubles passenger service charge

Air transport fares on domestic and international routes may rise ...
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Daily Watch- Ajimobi passes on, Mr Price calls it quits in Nigeria

The immediate past governor of Oyo State Abiola Ajimobi has ...
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Daily Watch – FG ‘will spend’ 2020 revenue on interest payments, Buhari backs Gaidom

Nigeria has received the approval of $750 million International Development ...
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Daily Watch – MoF reinstates Amobi in NBET power tussle, Buhari expresses unease over new West Africa currency

President Buhari has expressed concern over the decision of some ...
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Daily Watch – Clouds swarm over NLNG prospects, ECOWAS backs WTO Iweala nomination

Data from the Ministry of Aviation has shown that the ...
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Daily Watch – Oil unions threaten strike, FDI falls further

The latest World Investment Report 2020 of the United Nations ...
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Daily Watch – FAAC allocation touch 2020 lows in May, Flight resumption not feasible in June

The Nigerian Government said the 21 June set for the ...
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Daily Watch – Inflation rise slows in May, Nigerian to concession 10 major highways

Nigeria’s inflation rate rose for the ninth straight month in ...
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Daily Watch – Losses riddle debut NNPC audit, Orange eyes Nigeria

Nigeria’s oil exports will record a 50 percent decline by ...
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Daily Watch – NBET boss kicked out again, FG fingers emirs on banditry

Nigeria's presidency has accused some traditional rulers in President Buhari's ...
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Daily Watch – Importers incur huge losses due to pandemic, Obaseki drama exposes APC fractures

The All Progressives Congress screening committee for the Edo governorship ...
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Daily Watch – FG records deep Q1 revenue fall, Boko Haram decimates Borno village

Boko Haram members killed at least 69 people and razed ...
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Daily Watch – Customs action raise power meter fears, Burundi loses president

Nigerian banks’ loans to customers increased by 5.74 percent to ...
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