IN THE NEWS

Daily Watch – Kidnap wave sweeps Nigeria, COVID-19 surge claims fourth Zimbabwean minister

Inspector-General of Police, Mohammed Adamu, has ordered the arrest of Sunday Adeyemo, a youth leader better known as Sunday Igboho, over the quit notice he issued to herdsmen. BBC Hausa quoted Garba Shehu, presidential spokesman, as confirming the arrest order during its programme on Friday. Mr Shehu said the IGP informed him of his directive to Ngozi Onadeko, the Oyo police commissioner to arrest Mr Igboho and transfer him to Abuja. Mr Igboho had asked herdsmen in Igangan, Ibarapa North Local Government Area of Oyo to leave within seven days following reports of the killing of some residents, which he blamed on herders and Fulanis. He had also accused Saliu Kadri, the Seriki Fulani of Oyo State of being behind the rising insecurity in the area. The quit notice generated tension in parts of the state, prompting Governor Seyi Makinde to ask the IGP to arrest those fomenting trouble under the guise of protecting the interest of Yoruba people. “For people stoking ethnic tension, they are criminals and once you get them, they should be arrested and treated like common criminals,” the governor had told the police commissioner. Governor Makinde, the IGP Adamu and traditional rulers in the state visited ...
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NEWS

Daily Watch – Buhari ‘won’t devalue Naira’, Unions insist new electricity bill is blackmail

President Muhammadu Buhari has again rejected any suggestion that the ...
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Daily Watch – Auditor-General contradicts President on Budget, Pipeline rupture hits crude oil exports

Nigeria’s crude oil export operation has suffered a serious setback ...
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Daily Watch – Local input hits N800 billion in three months, NNPC’s crude lifting declines by 57 million barrels

The government of Japan has offered an $800 million credit ...
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Daily Watch – Weak naira puts pressure on FMCG firms, Samsung and LADOL bring in big money

The effect of the increasing cost of doing business, along ...
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Daily Watch – Naira slides further, FG mobilises to stop oil sabotage and kidnap

The naira has weakened to a new all-time low, trading ...
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Daily Watch – CBN considers two-tier FX market, Ebonyi tussle may affect rice production

The creation of a two-tier foreign exchange market is one ...
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Daily Watch – Banks to prioritise FX allocation for real sector, Nigeria aims for 4.2% growth next year

After monthly industry meeting, Nigerian bank executives have reached an ...
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Daily Watch – Lagos and Ogun hog FDI in states, Nigeria fails to meet oil production target in January

Analysts have told BusinessDay that many governors are still not ...
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Daily Watch – Piracy threatens cargo movements, Cassava loses big time

The International Maritime Bureau in its most recent report has ...
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Daily Watch – Labour goes on the offensive, Cash crunch threatens port concession agreements

The Nigeria Labour Congress across Nigeria has called on the ...
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Daily Watch – Budget to be passed before month end, Naira depreciates further

The National Assembly is expected to pass the 2016 Appropriation ...
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Daily Watch – Unions prepare for battle, Cocoa production hit by bad weather

The Nigeria Labour Congress, Trade Union Congress, and civil society ...
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Daily Watch – Capital inflows decline, Nigeria may sell assets to shore up reserves

The NBS has released its Q3 and Q4 2015 report ...
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Daily Watch – Fashola defends 45% rise in electricity cost, Forex scarcity may trigger fuel shortages

The Minister of Power, Works and Housing, Mr. Babatunde Fashola, ...
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Daily Watch – NEMA confirms 65 killed in Dalori, Nigeria and Angola seek World Bank loans

Sixty five people were killed and one hundred and thirty ...
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Daily Watch – Another pipeline bombed, Unilever goes local

A crude oil pipeline in Bayelsa State, operated by the ...
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Daily Watch – Buhari “yet to be convinced” about Naira devaluation, GE brings $200 million to power sector

GE is currently investing $200 million in Nigeria to build ...
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Daily Watch – Road tax on the way, Lassa fever claims more people

A Bill seeking to make citizens begin to pay some ...
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Daily Watch – CBN refuses to devalue, States slowing down on pension contributions

The Central Bank has announced that it sticking with 11% ...
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Daily Watch – Shell, Eni, may lose OPL 245, iROKO hits the big time

The Islamic Movement of Nigeria has released 705 names, and ...
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Daily Watch – Dollar scarcity worsens, 30 killed in Adamawa violence

Bank customers have been unable to withdraw American dollars from ...
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Daily Watch – Budget divides Senate along party lines, Azura raises $876 million for power plant

The Senate is divided, along party lines, on the feasibility ...
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Daily Watch – Kaduna and Warri refineries shut down, FG to declare former AGF, Adoke, wanted

An NNPC spokesman, Ohi Alegbe, has confirmed that the NNPC ...
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Daily Watch – Nigeria food prices rise amidst global drop, IPOB takes complaints to ICC

Prices of food commodities in Nigeria have been on an ...
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