The PUNCH: Following the tumbling of the naira at the parallel market in recent times, the Central Bank of Nigeria has started introducing foreign exchange intervention measures aimed at clamping down on currency speculators in the foreign exchange markets
The Guardian: The Nigeria Labour Congress (NLC) and its civil society allies have threatened to embark on immediate industrial action if the pump price of petrol is increased from its current N617 per litre. This is just as another threat comes from marketers of premium motor spirit (PMS) who have insisted that the shutdown of fuel stations, as well as a significant increase in the pump price of petrol remains almost unavoidable considering the current market reality.
The Nation: The Central Bank of Nigeria (CBN) has concluded plans to stem the continuous slide of the naira against the dollar. Top of these plans is to flood the market with dollars, it was learnt yesterday.
Daily Trust: At least 20 soldiers were killed in an ambush by bandits along the Zungeru-Tegina Road in Niger State late Sunday night, witnesses and security sources told Daily Trust yesterday. It was learnt that seven other soldiers and five vigilantes sustained varying degrees of gunshot injuries and were taken to the IBB Specialist Hospital, Minna, the state capital.
