CBN Doubles Down in Fight against Spiraling Inflation Seeks to enhance effectiveness of monetary policy transmission NECA to FG: Reverse new fiscal policy measure, it's landmine for manufacturers, other businesses Obinna Chima and Dike Onwuamaeze The Central Bank of Nigeria (CBN) has reiterated its commitment to
continue to take steps to control the country’s spiraling inflation which rose to 22.04 per cent in April. This was just as the Nigeria Employers’ Consultative Association
(NECA) yesterday, urged the federal government to reverse the newly introduced Fiscal Policy Measures (FPM) and Tariff Amendment for 2023, scheduled to take effect from
1st June, 2023, which it described as a landmine for manufacturers and other businesses in the affected sectors of the economy. At 22.04 per cent, inflation in
the country is at 17-year high, the highest since 2005. Speaking at the opening session of a two-day retreat organised by the Monetary Policy Department of
the CBN, with the theme: “Monetary Targeting Policy Framework in Nigeria – An Appraisal of its Continued on page 8
PSC: Assaulting Officer on Duty Diminishes Sanctity of Nigeria's Symbol of Authority...
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NDDC: Court Restrains Onochei from Exercising Executive Powers...
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Outgoing Govs Commence Valedictory Session Today Security, good governance, economy top agenda at session Okonjo-Iweala, Adesina, Mayor of New York to deliver addresses, Tony Blair, Jean Pierre Mbassi, others to grace event Ex-govs to give talks on life after office to 17 retiring colleagues Chuks Okocha in Abuja As May 29 draws increasingly closer for elected governors who are in
the final stretch of their last days in office, the Nigeria Governors’ Forum (NGF), will beginning from today, conduct a session for the
incoming governors and the 17 outgoing governors at the banquet hall of the presidential Villa, Abuja. The meeting which would feature
talks on the economy, security and good governance, would see former governors giving pep talks on how the outgoing governors would retire
fruitfully back into civilian life. induction programme for the Speaking to newsmen, the incoming and the returning Executive Director of the NGF, Continued on page 8 Abdullahi Shittu, said the
Akpabio Reaches Out to Aggrieved Senators-elect Pledges 10th NASS will pursue pro-business legislations Sanwo-Olu backs Akpabio, Jibrin Receives senators-elect in Lagos, urges inclusion in choice of presiding officers Obinna Chima The Senator-elect representing Akwa Ibom North-west and the nominee of the All Progressive Congress (APC) for the position of the Senate President, Senator Godswill Akpabio, yesterday, disclosed that he has commenced extensive reconciliatory move as well as an enlightenment campaign to pacify aggrieved lawmakers, following the decision of the party The former Minister of Niger Delta Affairs, who said this during an interactive session with journalists in Lagos, also vowed that if elected the Senate President, the 10th Assembly under his leadership would Continued on page 8
2ND AGM OF GUARANTY TRUST HOLDING COMPANY PLC… L-R: Non-Executive Director, GTCO, Mrs. Cathy Echeozo; Group CEO, Mr. Segun Agbaje, and Company Secretary of Guaranty Trust Holding Company Plc at the Group's 2nd Annual General Meeting (AGM) held in Lagos…recently
10th Assembly: Northern Group Threatens to Withdraw Support for APC, Tinubu...
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