Interbank records N195bn net outflow in February

Interbank records N195bn net outflow in February

Interbank money market experienced net outflow of funds to the tune of N195.5bn in February, while foreign exchange demand fell by 19.7 per cent, says Financial Market Dealers Association (FMDA).
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Ex-Island Club vice chair arraigned for alleged perjury

Ex-Island Club vice chair arraigned for alleged perjury

Former Vice Chairman of Island Club and Lagos socialite, Prince Ademola Dada, was, yesterday, formally arraigned before a Lagos State High Court, for allegedly making false declaration on oath.
Trial judge in the matter is Justice Christopher Ayodeji Balogun.

Osoba to PDP: Rig and cause people’s revolution

Osoba to PDP: Rig and cause people’s revolution

FORMER Governor Olusegun Osoba yesterday warned that any attempt to rig the forthcoming elections would lead to a people revolution by the people. Chief Osoba who spoke at Itoku Market during the Action Congress of Nigeria, ACN, campaign for its candidates in Abeokuta South Local Government said the people will resist any attempt to rig the elections, noting that few weeks to the elections; the Peoples Democratic Party, PDP, had not started its campaign.

Labour leaders strategize to return congress to pro-people movement

Labour leaders strategize to return congress to pro-people movement

INDICATIONS have emerged that the new members of the National Administrative Council, NAC of the Nigeria Labour Congress, NLC, put in place on March 3rd at the just concluded 10th National Delegates Conference, appeared to be in n a hurry to put behind the past memories of the past four years of general consensus that NLC did live up to expectations and return congress to a pro-people movement.