DTN-25-7-18

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Save for rainy days, MPC tells FG

Retains lending rate for 12th consecutive time Wants banks to lend at 9% to real, agric sectors

Mathew Dadiya, Abuja The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has advised the Federal Government to save for the rainy day especially now that the price of crude oil is relatively high,

adding that the increased Federation Account Allocation Committee (FAAC) distribution to the three tiers of government portend danger to the economy. This is even as members of the MPC on Wednesday voted to retain the Monetary Continued on page 3

2019 polls: Mass defection hits APC https://plus.google.com/+DailytimesNgr/posts

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WEDNESDAY, JULY 25, 2018

VOL. 3

Kwankwaso, Tejuoso, Melaye, 11 other senators join PDP APC loses 37 seats to PDP, ADC in House of Reps Controversy as APC, PDP claim majority in NASS

NO. 708

N100

g5

EFCC invites Ekweremadu over alleged money laundering g 21 NCAA cautions 21 airlines, others on flight delays, cancellations g 15

Sen Kwankwaso

Sen Sunmonu

Sen Gemade

Sen Misau

Sen Tejuoso

Sen Hunkuyi

Sen Melaye

Sen Lafiagi

Entry for Miss Nigeria Pageant now free as sponsors alert public against g3 impostors FG to online publishers: Don’t lend your platforms to fake news 21 g


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