The naira suffered a severe depreciation in the interbank market, yesterday, losing 226k to the dollar following an upsurge in demand for foreign exchange prompted by the removal of limit on banks’ foreign exchange sale to Bureaux de Change,BDCs.

ELDER statesman and Second Republic senator, Senator Francis Okpozo, has urged the Chief Justice of the Nigeria, Justice Aloysius Katsina-Alu, to proceed on retirement to save the judiciary from further ridicule.

THE security situation in Ughelli, Delta State, heightened last Sunday, following the kidnap of a Grade One Chief Magistrate, Mr. Obomejero Aforkeya, at Iwhrekpokpor in Ughelli metropolis.

THE Peoples Democratic Party, PDP, in Ogun State, yesterday, said the immediate past Governor of the state, Otunba Gbenga Daniel, is no longer a member of the party under which platform he was elected Governor in 2003 and governed the state for eight years.

FIFTY houses in the six areas of Ibadan North West Local Government Area in Oyo State, where an outbreak of cholera claimed four lives, while 16 others are receiving treatment have no toilets, even as the state government says it has risen to curtail the epidemic.

Former Super Eagles coach and member of the NFF technical committee, Christian Chukwu has said that the committee has approved coach Samson Siasia’s list of players invited for the 2012 Africa Cup of Nations qualifier with Madagascar in Antananarivo in a fortnight.

In continuation of its drive to consolidate on its regional and domestic route network, Air Nigeria has taken delivery of a modern Boeing 737-400 series aircraft to bring its current fleet size to 11.

The Nigerian Bar Association, NBA, yesterday came hard on President Goodluck Jonathan saying he has failed to follow due process and observe the rule of law over his endorsement of the recommendation of the National Judicial Council, NJC, suspending the President of Appeal Court, Justice Ayo Salami from office over his feud with the Chief Justice of Nigeria, Justice Aloysius Katsina-Alu.

THERE were indications, yesterday, that the battle for the ticket of Action Congress of Nigeria, ACN, for the 2012 governorship race may not be a problem for Governor Adams Oshiomhole but that of deputy governor, Dr. Pius Otubu may face an uphill task.

Someone wrote recently that in Imo State there is hardly any politics going on. What he rightly identified was a war among the army of educated but mostly idle and greedy elite for the lean resources of the state. But what many of the “me-too” commentators on Imo affairs forget (we forget too easily) is that the war that seeped into former Governor Ikedi Ohakim’s four dramatic years in office began as far back as 1998.