The Blessing of the Lord (3)
If we were to value our salvation, we would also value the forgiveness of our sins. If we are overwhelmed by the abundant mercies of God, it must be because we recognise that we are sinners who received forgiveness from God.
LG poll: PPA accuses Anambra govt of killing local admin
Progressives People’s Alliance, PPA, Anambra State branch has accused the state government of deliberately delaying the conduct of local government elections in the state because of the money it was making from the councils.
Is the economy poisoned by CBN $ hoarding?
The crash in crude oil prices from over $145 in 2008 to below $40/barrel presently, has invariably reduced Nigeria’s export earnings by over 50%; consequently, the significant deflation in dollar income is commonly blamed for the persistent intense market pressure on the Naira exchange rate. Interestingly, this perception is, ironically, against, the actual reality that the Naira exchange rate remained static between N152-N160/$1, even when the foreign reserves in CBN’s custody exceeded $60bn.
Bayelsa poll: APC lauds JTF over report on violence in S-Ijaw
The All Progressives Congress, APC, in Bayelsa State, weekend, lauded the Joint Task Force, JTF, over the report released on the violence that rocked the cancelled rescheduled election in Southern Ijaw Local Government Area of the state, saying that the report has vindicated the party.
Court orders Navy to pay N200m over illegal detention of vessel
A Federal High Court sitting in Lagos has ordered the Nigerian Navy and the Chief of Naval Staff, jointly and severally, to pay an oil company, Mercury Oil Limited, the sum of N200 million as damages for illegally detaining its vessel M T SAPPHIRE 1 and siphoning 280,000 litres of Automated Gas Oil contained in the said vessel.
CBN halts branch operations by bureaux de change
The Central Bank of Nigeria, CBN has ordered bureaux de change (BDCs) to close all branches within 90 days, saying branch operations is no longer allowed in the subsector. This directive was contained in the revised guidelines for BDCs released on Friday by the apex bank. According to the guidelines, issued via a circular titled: ‘Revised Operational Guidelines for Bureaux De Change in Nigeria’, “Bureau De Change is Licenced as a unit institution.
