DANIEL DAGA HAS BEEN SENTENCED TO SIX MONTHS IN PRISON BY A NORWEGIAN COURT AFTER BEING FOUND GUILTY OF COMMITTING A SEXUAL ACT WITHOUT CONSENT.(PHOTO).

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  🇳🇴 Daniel Daga Sentenced by Norwegian Court, Appeals Verdict Molde FK midfielder Daniel Daga has been sentenced to six months in prison by a Norwegian court after being found guilty of committing a sexual act without consent. The Nigerian midfielder joined Molde FK from Enyimba just a year ago as one of the promising young talents to move from the NPFL to Europe. However, Daga has appealed the ruling through his lawyer, meaning the decision is not yet legally final and the case will continue through the Norwegian judicial system. Molde FK have also confirmed that the midfielder will not be included in the club’s matchday squad until further notice while the legal process continues.

CBN MAINTAINS INTEREST RATE AT 27.5%.(PHOTO).


 CBN Maintains Interest Rate at 27.5%


The Central Bank of Nigeria has retained the Monetary Policy Rate at 27.5%, following its 301st MPC meeting in Abuja. CBN Governor Olayemi Cardoso said the decision was unanimous amid easing inflation, now at 22.22%.


The MPC also kept the Cash Reserve Ratio at 50% for commercial banks and 16% for merchant banks, with the liquidity ratio at 30% and the asymmetric corridor at +500/-100 basis points.


This marks the third consecutive hold after February and May meetings, despite earlier expectations of a rate cut by analysts and manufacturers.

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