Nigeria News
Nigerian Newspapers Daily Front Pages Review | Monday 16th January, 2023
Naija News looks at the top happenings making headlines on the front pages of Nigeria’s national newspapers today Monday 16th January 2023.
The PUNCH: Deposit Money Banks borrowed the sum of N21.87tn from the Central Bank of Nigeria via the Standing Lending Facility window and Repurchase Lending platform in 2020, according to the CBN financial data. This represents a 260 per cent increase when compared to the N5.744tn recorded via the same windows in 2022. It, however, represents a 19.3 per cent decrease when compared to the N27.08tn the banks borrowed from the apex bank in 2021
The Guardian: From 2020 to last year, Nigeria lost, at least, N8 trillion to rent seekers who explore the multiple rates in the foreign exchange (FX) market to rip off the country, data obtained by The Guardian yesterday have shown. This came as the Central Bank of Nigeria (CBN) continues to dilly dally on the exchange rate convergence, three years after it promised same
Vanguard: Amidst sustained pressure on the operating environment the Organised Private Sector, OPS, have listed about fourteen areas of concerns the outgoing regime is leaving behind which they said will plague businesses this year.
This Day: The Chief of Defence Staff (CDS), General Lucky Irabor, yesterday declared that democracy has come to stay in Nigeria, pledging the military’s readiness to give the necessary support to the Nigeria Police and other internal security agencies to ensure a crisis-free general election in the country this year. Clerics also offered prayers for the fallen heroes and veterans, just as the widow of a fallen soldier, Cynthia Ubah, also called for speedy processing of the life insurance benefits and other entitlements due their grieving families.
The Nation: All Progressives Congress (APC) presidential standard bearer Asiwaju Bola Ahmed Tinubu yesterday spoke on how the ruling party can win next month’s election. He said candidates for president, governor, National Assembly and Houses of Assembly must imbibe team spirit and subscribe to the strategy of hardwork to sweep the polls.
Daily Trust: Forty days to this year’s presidential election, the Nigerian military has assured that it will shield democracy and ensure its sustenance by guaranteeing peaceful conduct of the election. Chief of Defense Staff, General Lucky Irabor, who made the pledge Sunday in Abuja ruled out the possibility of the military taking over power in Nigeria, saying democracy has come to stay in the country.
Thank you for reading, that is all for today, see you again tomorrow for a review of Nigerian newspapers.
