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FOREX: Again, CBN Injects $100m Into Market

The Central Bank of Nigeria (CBN) on Tuesday, March 7, 2017 further injected another sum of $100m into the interbank foreign exchange market.An official statement said the move was in continuation of  the apex bank's resolve to ease the challenge of access to foreign exchange. The Bank’s Acting Director, Corporate Communications, Isaac Okorafor, confirmed this to newsmen in Abuja, adding that the move by th ...

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Court Fixes March 9 for Hearing on Ex-NNPC Boss, Yakubu’s Rights Enforcement Suit

Justice Ahmed R. Mohammed of the Federal High Court, Abuja, has fixed March 9, 2017, for hearing on fundamental right enforcement suit filed by Andrew Yakubu, former Group Managing Director, GMD, Nigerian National Petroleum Corporation, NNPC, against the Economic and Financial Crimes Commission, EFCC. In the suit filed through his counsel, Adeola Adedipe, Yakubu is praying the court to shield him from furth ...

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Digital media In competition With Traditional Journalism – Ex- Editor, The Cable

Prominent social media exponent, and former Editor of The Cable, Fisayo Soyombo, has declared that the social media revolution is a big competition to the traditional media practice. He made this disclosure as a panelist of the C&F Porter Novelli sponsored segment of the 2017 Social Media Week at the Landmark Centre, today.  The segment was titled, The rise of social media Journalism: Competition or Com ...

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Escalation Of Killings In Ogoni: Senator Abe Moves To Curtail Crisis

Senator Magnus Ngei Abe, senator representing Rivers South East Senatorial District, has condemned the escalation of killings in parts of Rivers South East Senatorial district particularly in Ogoniland and assured that he was making concerted effort with youths, traditional rulers, clergy men to stem the spate of the crisis. Speaking to newsmen in Port Harcourt, Abe further said he will discuss with securit ...

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South African Minister of Home Affairs, Malusi Gigaba, Speaks On Harmonious Coexistence

Address by Minister of Home Affairs, Malusi Gigaba MP, on the occasion of the debate on ‘Promoting harmonious co-existence and respect for the rights of all persons, inclusive of foreign nationals, as enjoined by our Constitution’ in the National Assembly on 7 March 2017 At the June 1994 OAU Summit in Tunis, President Mandela said: “Finally, at this summit meeting in Tunis, we shall remove from our agenda t ...

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Nigeria’s Defence HQ Appoints New Spokesman

A new Director Defence information has been appointed.  He is Major General John Enenche.  He replaced Brigadier General Rabe Abubakar who is now the Director of Information Management in the Department of Civil Military Affairs, Army Headquarters. Until his appointment as the new Defence Spokesman, Major General Enenche was the Defence Liaison Officer at the Defence Headquarters.  He has since taken over w ...

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Kaduna Enforces Ban On Begging, Street Hawking, Okada

The Kaduna State Security Council has announced the commencement of enforcement of subsisting restrictions on begging, street hawking and usage of motorcycles for commercial transport in Kaduna metropolis and other urban centres in the state. Credible reports at the disposal of security agencies have made it necessary to begin vigorous enforcement of the laws against street begging, hawking and the illegal ...

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Ehiopian Airlines First To Arrive Kaduna As NCAA Declares Airport Fit

Abuja Airport:To be Temporarily closed The Nigerian Civil Aviation Authority (NCAA) has declared the Kaduna International Airport, Kaduna, fit and ready for 24 hours local and international operations. All necessary steps to ensure that the status of the Airport as an Alternate Airport to the Nnamdi Azikiwe International Airport, Abuja, (NAIA), during the closure have been put in place. The navigational aid ...

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Ovie Omo Agege, Only Labour Party Senator Defects to APC

Senator Ovie Omo-Agege, representing Delta Central on  Tuesday defected to the All Progressives Congress (APC). He is the only Senator elected on the platform the Labour Party The Senator announced his intention to leave Labour party for the ruling on the floor of the red chamber of during plenary through order 43 of the Senate rules He linked his defection to the leadership crisis in the labour party  and ...

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Buhari’s Health: Presidency Should Stop Using Phone Calls to Deceive Nigerians – CNPP

The Conference of Nigeria Political Parties (CNPP) has asked the federal government to stop the phone call games with President Muhammadu Buhari and face governance issues that would alleviate the suffering of the masses. The Conference observed that the continued media hype of Mr. President’s calls to different individuals were unnecessary since President Buhari has transmitted power to Acting President Ye ...

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ISSUE: Federal Character Principle contradicts national quest for true federalism– stakeholders

  By Shittu Ahmed Obassa A cross section of  stakeholders in good governance say that the Federal Character Principle which was  enshrined in the Nigerian Constitution in  1996 following its recommendation by the delegates at the 1994/95 Constitutional Conference is inconsistent with national quest for true Federalism. According to them, any form of inconsistency in the application of the fundamental p ...

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SERAP To Osinbajo: Tell Trump That Harassment Of Nigerians Won’t Be Tolerated

Socio-Economic Rights and Accountability Project (SERAP) has urged the Acting President Professor Yemi Osinbajo to “tell the US president Donald Trump in no uncertain terms that Nigeria would not tolerate any harassment and unfair treatment of Nigerians with valid multiple-entry US visas at US airports.” SERAP’s statement today and signed by its executive director Adetokunbo Mumuni followed disclosure by th ...

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