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‘External reserves can’t pay for more than 3 months of imports’

The nation’s foreign exchange reserves fell one per cent month-on-month to $29.5 billion by April 28, from $29.8 billion a month earlier, the central bank said weekend. This implies that the reserves at the current rate of importation can support just three months of import.

You can’t hold us responsible for your loss, PDP tells Jonathan

Thirty-six days after the March 28 Presidential election, National leadership of the Peoples Democratic Party, PDP opened up Monday that President Goodluck Jonathan should not hold the National Working Committee, NWC responsible for losing to the Presidential candidate of the All Progressives Congress, APC, General Muhammadu Buhari, retd.

Boko Haram rape ‘kidnapped girls’ to give birth to future fighters — Shettima

Boko Haram insurgents deliberately rape women with the intention of getting them pregnant so they would give birth to future insurgents as successors of their violent struggles, hence, the need for a special programme to break the chain anticipated by the insurgents, Borno State Governor, Kashim Shettima alerted on Monday.

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