The monetary policy committee (MPC) of the Central Bank of Nigeria (CBN) has decided to hold the key interest rate, which serves as the national lending rate, at 14 percent, an indication that the apex bank is not comfortable with the country’s exit from recession.Godwin Emefiele disclosed this on Tuesday after the MPC meeting in Abuja.

The Senate has summoned the Minister of Finance, Kemi Adeosun, and her counterpart in the Ministry of Budget and Planning, Udo Udoma.

The House of Representatives on Tuesday resolved to set up a committee to consult stakeholders on the rising spate of agitations in Nigeria.

Governor Ayo Fayose's planned declaration of intention to seek the ticket of the Peoples Democratic Party (PDP) in order to contest the Presidential election in 2019 may have irked the leadership of the party, with some stakeholders claiming that the move is antithetical to earlier agreement that the position be zoned to the North.

Ekiti State Governor, Ayodele Fayose, is confident of winning the coming presidential election when Nigerians elect a new president in 2019.

A wanted Boko Haram suspect, Idris Ibrahim Babawo, has been arrested in Ondo state by the police on Tuesday. The military authorities announced on Tuesday that a high-value target in the Boko Haram war has been captured by the police in Ondo State. The Director of Army Public Relations, Brig.-Gen. Sani Kukasheka, made the announcement in a statement in Maiduguri.