Month: September 2017

  …floods market with $545m By Aaron Ossai The Central Bank of Nigeria (CBN) has threatened to sanction any Deposit Money Bank (DMB) in breach of its earlier directive of March 3, 2017 instructing them to, among other things, open teller points for retail forex transactions and to have electronic display boards in all their…

  Agency Report The Minister of Finance, Mrs Kemi Adeosun has said that accurate statistics was vital in the fight against corruption and achievement of the Federal Government’s economic recovery and growth plan. Adeosun, represented by the Director, Home Finance, Federal Ministry of Finance, made the observation in Abuja at the inauguration of Finance Sectoral…

  Agency Report The Nigerian Army has commenced gradual withdrawal of its men stationed at various checkpoints in Aba after the recent clash with protesting members of the Indigenous People of Biafra (IPOB). The News Agency of Nigeria (NAN) recalls that on Sunday, Gov. Okezie Ikpeazu told newsmen in Umuahia that the military on Operation…

  By Steve Oni, Ilorin The Kwara State Government has spent over N7b on several road projects across the state under the State Infrastructure Development Fund (IF-K). Disclosing this at the official commissioning of Federal Road Safety Commission RS8, Kwara State Office Complex, Ilorin, the governor said the I-FK’s success has demonstrated the benefits of…

  By Naomi DOUGLAS Seeking Strategies for Peace building between Government and Civil Society was the main focus at the 3rd Annual Commemoration of the WARP Summit holding in Seoul, Republic of Korea. The International Summit to seek global governance for peace and stability of the international society which is currently going on in Seoul,…

  By Joseph Inokotong The Managing Director, Bank of Industry, Mr. Olukayode Pitan has said that the bank has provided a total of N24bn to industrialists in Kano State. He gave the figure on Sunday in Abuja during a meeting with the Kano State Governor, Abdullahi Ganduje. He stated that that the bank through the…

   By Aaron Ossai The Deputy President of the Senate, Senator Ike Ekweremadu, has commended the peaceful conduct of the Peoples Democratic Party (PDP) primary elections in Enugu West Senatorial District ahead of the November 4, 2017 Local Government election in Enugu State. Ekweremadu also assured that the ongoing constitution amendment exercise would address challenges…

  By Ikhili Monday EBALU, Benin city The Edo State chapter of the United Labour Congress (ULC) has said it will aligned with her parents body over the ongoing strike commenced by it,  noting that no filling station will be allowed to sell fuel from Monday, 18th September. Comrade Eddy Ossai made this disclosure in…

  By Steve Oni, Ilorin The All Progressives Congress (APC) chairmanship and councillorship candidates for November 18, 2017 Kwara state local government elections have emerged. While the candidates for 14 out of the 16 councils emerged through consensus arrangements, primaries were conducted in the remaining two local government areas. The state publicity secretary of APC,…