FG gets 21-day ultimatum from NMA
The last has not been heard about the crisis in the health sector as the Nigerian Medical Association, NMA, will today hand the Federal Government a 21–day ultimatum to tackle the myriad of challenges and anomalies confronting the country's health system or face another industrial action.
CBN compels banks to buy dollars to halt naira depreciation
The Central Bank of Nigeria (CBN) on Friday compelled banks to buy dollars at N160.5 per dollar, in a bid to halt the four day depreciation of the naira at the interbank foreign exchange market. The unusual intervention forced the interbank exchange rate to N162.05 per dollar on Friday from N163.7 per dollar on Thursday, translating to 165 kobo appreciation for the naira.
PDP convention a disaster, says Junaid Mohammed
SECOND Republic lawmaker, Dr Junaid Mohammed, yesterday, described what happened at the Convention of the Peoples Democratic Party, (PDP) as a disaster and catastrophe waiting to tear the party apart.
Why NDDC Advisory Committee should act now
AS far back as the third century B.C., the “Legist” school of philosophy in China had made a case for the existence of law in society. The underlying idea, around which this case is built, is that man is by nature evil and the law is needed to keep his evil inclination in check. It concluded that only the restraint of penal law would bring good back to the society. The school was reacting to the decadence and chaos that then characterised the Chinese society.
FAAN to erect observation posts at all airports
The Federal Airports Authority of Nigeria, FAAN, has said all the 22 federal airports in Nigeria will soon have static observation posts erected at strategic locations within the perimeter fence of the airports to forestall premeditated and inadvertent unauthorized access to the airside. This will be complemented by motorized and foot patrols.
Atiku seeks cut in FG expenditure
FORMER Vice President, Alhaji Atiku Abubakar, weekend, threw his weight behind recommendations of the Steve Oronsaye’s Committee and charged President Goodluck Jonathan to reduce Federal Government expenditure at the Ministries, Departments and Agencies, MDAs.
Yakassai dissociates self from Patriot’s political summit
ABUJA—AHEAD of the proposed National Political Summit by Professor Ben Nwabueze in Uyo, the Nigerian National Summit Group, NNSG, yesterday, disowned and dissociated itself from it, saying the said summit was not capable of achieving the yearnings of Nigerians for a Sovereign National Conference.
Only one out of ten Nigerians has insurance
Only one out of ten Nigerians have any form of insurance cover, a recent poll has shown. According to a poll results released by NOI Polls, it was revealed that almost nine in 10 Nigerians, which represents 86 percent, do not have any form of insurance cover.
Bank liquidation: Depositors paid N6.82bn in 2012 – NDIC
The Nigeria Deposit Insurance Corporation, NDIC, weekend, said it paid N6.82 billion to 528,212 insured depositors of closed banks as at December, 2012.
Economic devt: Rewane calls for restructuring of banking industry
Managing Director/ Chief Executive, Financial Derivatives Company Limited, Rewane Bismarck, has called for the restructuring of the nation’s banking industry to facilitate economic development.
ANAMBRA 2013: APC elects officers, promises hitch-free primaries
…As Anambra CPC pulls out of APC, joins PDM…
THE Anambra State All Progressives Congress (APC), weekend, held its state congress in Awka and promised to conduct hitch-free primaries today for the nomination of its governorship candidate for the November 16 election.
