CBN LIKELY TO RAISE INTEREST RATE TO HALT INFLATION. (PHOTO).

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 CBN likely to raise interest rate to halt inflation ....Experts predict MPC tightening of monetary policy The Central Bank of Nigeria (CBN) is set to tighten further its monetary control in a renewed bid to moderate resurgent inflationary pressure. The Monetary Policy Committee (MPC), the highest policy-making organ of the apex bank, begins a two-day meeting today with policy response to mounting inflationary pressure as the main agenda. Analysts’ consensus and sources close to the apex bank were unanimous that the apex bank would increase the benchmark interest rate, the Monetary Policy Rate (MPR), in line with the bank’s avowed focus on curbing inflation and creating a stable investment environment. The MPC, headed by the Governor of the CBN, provides monetary policies and benchmarks, which determine the direction of the financial services sector, and the economy to a large extent. Headline inflation rate broke a two-month breather to record two consecutive monthly increases, raisin

5 YOUNG MEN KILLED IN CLASH BETWEEN RIVAL CULT GROUPS IN ANAMBRA STATE.{PHOTOS}.

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     At least five persons were killed in a clash between rival cult groups at the Idemili - North and Oyi areas of Anambra State on Friday August 4th.
The reason for the rival cults’ clashes could not be ascertained, however spokesperson of the State Police Command , Haruna Mohammed, who confirmed the incident, said the police were on the trail of those involved in the fracas, adding that the command’s rapid response team had intervened and returned normalcy to the areas.
"It was a cult clash. They equally shot two others at Ogidi. Police patrol teams rushed to the scene and took the victims to the hospital for medical attention, but they were certified dead on arrival. The police are intensifying efforts to apprehend perpetrators in order to bring them to justice .”
A Facebook user identified two of the victims killed at Our Ogidi area, as Ebuka and Chisom. He wrote: "It has happened again! Ebuka(Shaki) and chisom killed at Oye ogidi.
The faces of two blood killed.
1 struggled but people were busy snapping pictures.
People saw him struggled thou I don't think he will survive it if rushed, the gun removed half of his face.
We know their hands must have been filled with blood but we are not God to judge them.
Dear parents train up your children in the fear of God so that you don't bury them young or lose them this way.
Well those asking me what killed them, I am tired of answering from my inbox but its a cult war.
May their soul keep resting in peace.Amen.More photos below.
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Comments

  1. Hi colleagues, its great paragraph concerning cultureand completely defined, keep it
    up all the time.

    ReplyDelete

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