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That ill-advised suspension of banks from forex market

Although all the nine banks –First Bank, Diamond Bank, Sterling Bank, Skye Bank, Fidelity Bank, United Bank for Africa, Keystone Bank, First City Monument Bank, and Heritage Bank — suspended from the foreign exchange market have since been readmitted by the Central Bank of Nigeria (CBN), the episode points to the need for caution when the regulatory authorities decide to wield the hammer to redress perceived violations.

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Malnourished children at Bama IDP camp, Borno

Probe the IDP feeding crisis now

Within 24 hours of the visit of Alhaji Aliko Dangote and the co-Founder of The One Campaign, David Hewson of the U2 rock group to the Internally Displaced Persons (IDPs) camps in Maiduguri, the IDPs went on another street protest, the second within one week, alleging ill-treatment and poor feeding by government and other supposed humanitarian agencies.

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Rescuing Nigeria from poverty

In 2013, the National Bureau of Statistics (NBS) put the population of Nigerians living in poverty at about 112 million, representing about 67 per cent of Nigeria’s 167 million population at the time. Nigeria’s income per capita GDP stood at $1,555. The Nigerian situation, no doubt has worsened since then.

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Solomon Dalung in Rio

Dalung not fit to be Sports Minister

Minister for Sports, Mr Solomon Dalung, created panic among football buffs in Nigeria when the Rio Olympic-bound U-23 soccer team on a training tour in Atlanta, USA, could not be airlifted to Rio until a few hours to their opening game against Japan. Team handler, Coach Samson Siasia, drew the Minister’s ire when he cried out over the cash-strapped team’s ordeal in camp.

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