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CBN Unveils New Forex Policy, Threatens To Sanction Offenders

Nigeria’s apex bank,CBN has unveiled new forex policy as part of the efforts “to ease the difficulties encountered by Nigerians in obtaining funds for Foreign Exchange transactions.” The  new policy disclosed through  a statement by the acting Director, Corporate Communications, Isaac Okorafor  is aimed at among others,  solving problems with regards to travel allowances as well as school and medical  fees. ...

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Osinbajo Disowns New VP Residence Project, Says Aguda House Okay For Me

Nigeria’s Acting President Professor Yemi Osinbajo has disowned  the controversial  project  to build new residence for the Vice President. In a statement by Laolu Akande on Sunday, osinbajo said it was the past administration which proposed the project. The statement said “For the umpteenth time, we like to clarify that the proposed plan of the immediate past administration to build a new official residenc ...

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Boko Haram Enjoys Cover From Prominent Personalities- Madagali Youths

By Tom Garba, Yola Youths of Madagali Local Government Area in Adamawa state have said that the reason Boko Haram still persists in their areas was because of the undue influence of some stakeholders on the military authorities to release some members of the Boko Haram insurgency who were identified by their victims. Youth Leader, Alhaji Dauda Usman, who spoke on behalf of the youths of the area  at the fla ...

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Diversion Of Paris Club Loan Refund: SERAP Urges FG To File Legal Action Against States

Socio-Economic Rights and Accountability Project, (SERAP) has written to the Accountant – General of the Federation Alh. Ahmed Idris, FCNA requesting him “to urgently pass on information to the Attorney General of the Federation and Minister of Justice Abubakar Malami, SAN relating to the release of N388.304 billion London Paris Club loan refunds to 35 states by the federal government so that Mr Malami can ...

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Renewed Boko Haram Attacks: Shettima Holds Emergency Meeting With Military, Police, DSS

Following resurgence of attacks by remnants of the ‎Boko Haram insurgents in some parts of Borno State, Governor Kashim Shettima on Friday evening held an emergency security meeting that was attended by heads of Heads of the Nigerian Army, Air Force, Police and the Department of State Security with proactive measures taken on how to increase surveillance and forestall unanticipated security breach. The Gove ...

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Pro-Trump Rally: Nigerian Army Denies Alleged Killing of 11 IPOB Members

The Nigerian Army has denied media report that 11 of (Indigenous People of Biafra (IPOB)  members were killed by soldiers on 20th January 2017 in Port Harcourt while conducting a solidarity rally to commemorate the election of Mr. Donald Trump as President of the United States of America. A statement Colonel Aminu Iliyasu Deputy Director , Army Public Relations titled Nigerian Army Will No Longer Tolerate C ...

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Buhari’s Letters, 2017 Budget Dominate Senate’s Resumption of Plenary

The 8th Senate returns to regular business on Tuesday as it continues work on the 2017 budget and several economic priority bills which are at different stages of their passage. Its President, Dr. Abubakar Bukola Saraki will also read the two pending letters from President Muhammadu Buhari on extension of his holiday in London and the nomination of Justice Walter Onoghen as Chief Justice of Nigeria  (CJN), ...

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Return My Dollars To Me, Andrew Yakubu Urges Court

A new twist has been  added to the unfolding saga of  the   $9,772,800 and £74,000,000‎ seized from former Group Managing Director of NNPC. Although a court has ordered that the money be forfeited to the Federal government, the for GMD  of NNPC has approached a Federal High Court in Kano urging it   return of the money to him. He wants the Federal High Court in Kano to set aside the forfeiture order it gave ...

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Group Issues 48-Hour Ultimatum To Governor Dickson: Apologize To Annkio Briggs Or ..

A  group, the Joint Revolutionary Council has issued a 48-hour ultimatum to Bayelsa State Governor Henry Seriake Dickson ,urging him to “apologize to foremost Ijaw female activist, Annkio Briggs for the brutal assault on her person and her colleagues during a recent peaceful protest in Bayelsa.” A statement  Cynthia Whyte by the group’s spokesperson, emailed to Newsdiaryonline Saturday night said “If this i ...

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Boko Haram: Nigerian Army Probes Rumour Over Payment Of Troops’ Allowances

The Nigerian Army has commenced investigation into what it described as “spurious and unfounded allegations bordering on payment of troops’ operations allowances, rotation in the North East and comparing troops' pay to what obtains in neighbouring countries.” Director Army Public Relations, Brigadier General Sani Kukasheka Usman said in a statement Saturday that , “ investigation is ongoing to determine the ...

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PDP Verdict: Makarfi Faction Condemns ‘Travesty Of Justice,’ Heads To Supreme Court

The Ahmed Makarfi faction of Peoples Democratic Party,PDP has  described   judgment delivered by the Court of Appeal, Port Harcourt Division on Friday  as  “a big disappointment. It is a travesty of justice; indeed it's a mockery of valid facts and a miscarriage of justice; no doubt, an invidious attempt to destroy the PDP.” A statement by the factional spokesman  of the party, Prince Dayo Adeyeye   said  “ ...

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PDP Govs’ Forum Rejects Modu-Sheriff, Eyes Supreme Court

The Peoples Democratic Party,PDP, Governors' Forum on Friday kicked the outcome of the  Court of Appeal sitting in Port Harcourt,Rivers State  that reinstated Senator  Ali Modu -Sheriff as as the National Chairman of the Party,describing it as  a rape on the Nation;s  democracy. Addressing news men in Abuja, Chairman of the Forum who is also the Ekiti state Governor, Dr Ayodele Fayose hinted that the Party ...

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