The Olugbo of Ugbo Kingdom, Oba Fredrick Akinruntan, says his community remains the only Yoruba town blessed with huge deposits of crude oil.

THE news trending in the social media about huge sums of foreign and local currencies being hidden in several mansions across the country by a former Nigerian leader gives most right-thinking Nigerians goose pimples. Can it indeed be true as we have read in various online portals such as face book, Nairaland and others that the much sought after hard currencies and Naira amounting to over one billion dollars are being hidden in various houses belonging to the wife, relations and concubines of one of Nigeria’s former leaders?

The official proclamation of the demise of the Ooni of Ife, Oba Okunade Sijuwade, Olubuse II, will be made tomorrow, the Awara of Iwara-Ife, Oba Layi Adereti, has said.

President Muhammadu Buhari, yesterday, asked the Ministry of Finance to explain why the foreign loans obtained for various key rail projects by the Federal Government were diverted elsehow under the watch of former Minister of Finance, Dr. Ngozi Okonjo-Iweala.

LAGOS — The battle for defence of the Naira value has widened, affecting existing withdrawal limits on Automatic Teller Machines (ATMs) and foreign transactions on all existing Naira debit cards (ATM cards).