Forex reserves hit $42.56bn – CBN

Forex reserves hit $42.56bn – CBN

The Central Bank of Nigeria, CBN, says the nation’s external reserves have risen to $42.56 billion on October 29, up from $42.31 billion on October 24.
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RMAFC describes allegation on Rivers/Bayelsa oil dispute as misleading

RMAFC describes allegation on Rivers/Bayelsa oil dispute as misleading

Revenue Mobilisation Allocation and Fiscal Commission, RMAFC, has said the allegation that the commission moved five oil communities from Rivers State to Bayelsa State was misleading. Chairman of the Commission, Mr. Elias Mbam, made this known at a news conference in Abuja.

EFCC probes EBSU VC over contract award

EFCC probes EBSU VC over contract award

THE Economic and Financial Crime Commission, EFCC, hasbegun investigation into all the projects executed under the administration of the Vice-Chancellor of Ebonyi State University, Abakaliki, EBSU, Prof Francis Idike, from 2009 till date.

We give 20% of our income back to govt – Arik

We give 20% of our income back to govt – Arik

Arik Air chairman , Sir J. Arumemi-Ikhide has revealed that the Federal Government gets about 20 per cent of the airline’s annual income. This disclosure was made Tuesday, when the airline celebrated its sixth anniversary at its corporate head office in Lagos.

Will make you fishers of votes

Will make you fishers of votes

ALL those who say we should thank INEC and the security agencies for the Ondo war that has just been successfully prosecuted certainly know what they are talking about.

Sandy first, election later

Sandy first, election later

HURRICANE Sandy still held the centre-stage attention by Tuesday morning, pushing the campaigns towards the presidential election to a second place, at least for President Barack Obama.

The judiciary needs redemption – Osunbor

The judiciary needs redemption – Osunbor

Prof. Oserhiemen Osunbor, a law teacher and former Governor of Edo State is presently a member of the Nigeria Law Reform Commission. In this interview he casts a retrospective look at Nigeria’s 52 years as an Many people feel that the 52nd anniversary of Nigeria’s independence was not worth celebrating.

Travel, thoughts, and observations

Travel, thoughts, and observations

I AM writing these lines at the Charles DeGaulle Airport in Paris. I’m on transit to Abuja, after a troubling transatlantic flight which started from Los Angeles, California, through Atlanta and over the eastern part of the US, which was literally in lockdown as a result of the hurricane. News of that dominated the airwaves in my last two days in America.

Anglican Church declares 7-day fasting for Nigeria

Anglican Church declares 7-day fasting for Nigeria

Primate of Church of Nigeria, Anglican Communion, the Most Rev. Nicholas Okoh, yesterday, called for seven days prayer and fasting with effect from November 12, in view of the present security situation in the country.

LCCI seeks for amendment of pension laws

LCCI seeks for amendment of pension laws

The Lagos Chamber of Commerce and Industry, LCCI, has called for the amendment of pension laws, saying the management of pension funds should rest solely with the National Pension Commission.