Naira appreciates as foreign reserves drops to $30.86bn

Naira appreciates as foreign reserves drops to $30.86bn

THE tightening of monetary policy measures introduced by the Central Bank of Nigeria, CBN, has continued to yield positive results, as the naira, Wednesday, firmed sharply at N150 against the United States’ dollar.
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World Bank chief, Utomi, others for N/Delta confab

World Bank chief, Utomi, others for N/Delta confab

Mr. Volker Treichel, World Bank lead economist, Development Economics Operations & Strategy, will speak at a conference organised for local government councils in the Niger Delta region.

Nigeria’s abstract pundits

Nigeria’s abstract pundits

NIGERIA is a nation with many abstract pundits. By that I mean those who analyze Nigeria’s problems without any historical or concrete evidence to prove that their analysis is correct. Mention Nigeria’s problems and you will be confronted by these pundits. They all claim to have a good grasp of what ails Nigeria.

Video shows Warner discussing cash payments

Video shows Warner discussing cash payments

A video showing former FIFA vice-president Jack Warner telling Caribbean officials how to deal with cash gifts from Mohamed Bin Hammam was published by a British newspaper on Wednesday.

Osun students appeal to NASUP, ASUP to end strike

Osun students appeal to NASUP, ASUP to end strike

Students in the five state owned tertiary institutions in Osun State have appealed to members of the Academic Staff Union of Polytechnics, ASUP, and their Non Academic Staff Union of Polytechnics, NASUP, counterparts, to call off their ongoing strike for their sake.

Oba Erediauwa to Danjuma: Help fix Benin-Lokoja-Abuja road

Oba Erediauwa to Danjuma: Help fix Benin-Lokoja-Abuja road

WORRIED by the carnage on the Benin-Okene-Lokoja-Abuja highway, Oba Erediauwa of Benin Kingdom has appealed to the former Army Chief of Staff, General Theophilus Danjuma (rtd), to use his position to prevail on the relevant authorities to urgently fix the road.

200 women storm PHCN office in Ughelli over tariff

200 women storm PHCN office in Ughelli over tariff

OVER 200 Patani women, Tuesday, stormed the Ughelli Business District office of Power Holding Company of Nigeria, PHCN, in protest over epileptic power supply in Patani, headquarters of Patani Local Government Area, Delta State and its environs.

Lagos begins free mental treatment

Lagos begins free mental treatment

THE Lagos State Government has developed a new mental health policy that would guarantee free treatment of mental disorders at all levels of care.

We shall overcome terrorism  – Jonathan

We shall overcome terrorism – Jonathan

President Goodluck Jonathan has assured Nigerians that the present security challenges facing the country, occasioned by the terrorists attacks and bombing by Boko Haram and other groups, was a passing phase that will be overcome very soon.

Siasia should not be made a scape goat – Suleiman

Siasia should not be made a scape goat – Suleiman

The Minister of Sports and Chairman of National Sports Commission (NSC) Yusuf Suleiman has cautioned Nigerians over the attempt in some quarters to heap the entire blame for the nation’s failure to qualify for the 2012 edition of the African Cup of Nations on the Chief Coach of Super Eagles Samson Siasia.

Sacking Siasia is not the answer – Gaya

Sacking Siasia is not the answer – Gaya

GODFREY Gaya is Chairman of the committee on sports in the House of Representatives. He says Eagles have shamed themselves and disappointed the country and need to be overhauled to move forward.

Panel denies indicting Buhari over post-election riots

Panel denies indicting Buhari over post-election riots

Barely 24 hours after the Federal Government panel on the 2011 Elections Violence and Civil Disturbances submitted its report and a section of the media alleged that former head of state and Presidential candidate of Congress for Progressive Change, CPC, General Muhammadu Buhari (rtd), was indicted for making provocative utterances that instigated the violence, Chairman of the panel, Dr. Sheikh Ahmed Lemu, has said Buhari was never indicted in the panel’s report submitted to President Goodluck Jonathan.

Sovereign Wealth Fund: Govs meeting inconclusive

Sovereign Wealth Fund: Govs meeting inconclusive

STRONG indications emerged yesterday that after a meeting of well over five hours, the thirty-six state governors under the aegis, Nigeria Governors’ Forum may dump the proposed Sovereign Wealth Fund, SWF by the Federal government.

Political parties, RSIEC on warpath over N4.7bn grant

Political parties, RSIEC on warpath over N4.7bn grant

Port Harcourt- No fewer than 45 political parties in Rivers State have called on the Economic and Financial Crimes Commission, EFCC, to investigate the state’s Independent Election Commission, RSIEC, over the N4.7 billion grant by the state government for political parties for the conduct of the 2011 council elections.

Police arrest The Nation’s 4 editors

Police arrest The Nation’s 4 editors

FOUR senior editors with Vintage Press Limited, publishers of The Nation were yesterday arrested by security operatives from Force CID, Alagbon, Lagos.