Month: January 2018
-
CBN pumps $210m to Forex Market
By Joseph INOKOTONG The Central Bank of Nigeria (CBN) has injected $210 million to boost the inter-bank Foreign Exchange Market. With the sum, customers’ requests would be met in various segments of the market. Maintaining the momentum, and in its quest to meet the customers’ needs in the sundry segments of the market, the CBN…
-
CBN pumps $210m to Forex Market
By Joseph INOKOTONG The Central Bank of Nigeria (CBN) has injected $210 million to boost the inter-bank Foreign Exchange Market. With the sum, customers’ requests would be met in various segments of the market. Maintaining the momentum, and in its quest to meet the customers’ needs in the sundry segments of the market, the CBN…
-
Senate committed to improved funding to education – Wamakko
By Najem Francis, Sokoto The Chairman, Senate Committee on Basic and Secondary Education, Senator Aliyu Magatakarda Wamakko, has said that the Senate was committed to improve funding to the education sector in Nigeria. Senator Wamakko noted that there was need to make education, at levels, functional in the country. A statement signed by his Special…
-
Saraki Assures Kwarans Of More Federal Infrastructure
By Steve Oni, Ilorin The Senate President, Dr. Bukola Saraki has assured the people of Kwara state of his avowed commitment to attracting more capital projects and appointments into the state. He said the people of the state deserve nothing but the best in acknowledgement of their support for him and the ruling All Progressives…
-
NDIC gets commendation for ensuring safety, soundness of Nigerian Banking system
By Joseph INOKOTONG Sterling Bank Plc has commended the Nigeria Deposit Insurance Corporation (NDIC) for its immense contribution to the safety and soundness of the Nigerian banking system since its inception. The Management of the bank gave the commendation during a courtesy call and formal introduction of its new MD/CEO Mr. Abubakar Suleiman to the…
-
CBN Governor allays fears over MPC meeting
…Says Economy remains strong By Joseph INOKOTONG The Central Bank of Nigeria (CBN), would continue to maintain the key monetary variables as decided in the last Monetary Policy Committee (MPC) meeting of November 2017, which held Monetary Policy Rate (MPR) at 14 percent, CRR at 22.5 percent, Liquidity Ratio at 30 percent and the Asymmetric…
-
PDP Will Not Survive In Edo – Ehiozuwa Agbonayinma
By Monday EBALU, Benin City The Member representing Egor/Ikpoba-Okha Federal Constituency in the House of Representatives, Hon. Ehiozuwa Agbonayinma weekend, said the Peoples Democratic Party, PDP cannot survive the current leadership of the ruling All Progressives Congress following the unprecedented development currently carried out by its government. He disclosed this while fielding questions from newsmen…
-
Dogara tasks Media owners on salary payment
By Aaron Ossai, Abuja Speaker of the House of Representatives, Hon. Yakubu Dogara, has said that the National Assembly is committed to protecting and enhancing press freedom within the country. This, he stated in Kaduna Saturday, at a retreat organized for members of the House of Representatives press corps. Dogara, while giving his address, also…
-
Lassa fever: Council Boss Warns Against Eating Rats
By Sule Aliyu, Bauchi People in Bogoro Local Government Area of Bauchi State have been warned to desist from eating or interacting with rats. The Chairman of the Local Government Council, Dauda Adamu Maimako who gave the warning during an interactive session with traditional rulers, reminded the people about the two cases of Lassa fever…
-
Tambuwal, German, EU envoys unveil 80kv solar mini-grid for rural community
By Najem Francis, Sokoto Governor Aminu Waziri Tambuwal has inaugurated an 80kw solar mini grid electricity project for the provision of power supply to Kurdula commuity of Gudu LGA of Sokoto State. The event was attended by the Minister of State for Power, Works and Housing, Sulaiman Hassan Zarma, European Union (EU) Ambassador to Nigeria…