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Top news items in major Nigerian media outlets

Xinhua, June 23, 2016 Adjust font size:

The following are highlights of leading Nigerian media outlets on Thursday.

-- President Muhammadu Buhari has said that the anti-corruption war started by the administration will continue.

He made the remarks on Wednesday while addressing State House workers in Abuja. The staff gathered at the forecourt of the president's office to welcome him from his recent vacation in London. (Daily Trust)

-- The Central Bank of Nigeria (CBN) on Wednesday opened its discount window in apparent bid to save the banking system from scarcity of funds which sent interbank interest rate to 74 percent at the close of business.

The discount window is the medium through which banks use financial instruments like treasury bills, to borrow from the CBN on short term basis to meet temporary cash shortages. (Vanguard)

-- There is more than a likelihood that those officers who are senior to the new Acting Inspector General of Police, Ibrahim Idris and of Assistant Inspector General (AIG) rank are staring retirement in the face.

Such retirement, according to a police source, would follow accepted command and control practice and in line with Idris' avowed disposition when he returned from the Presidential Villa where he was issued the instrument of office. (The Guardian) Endit