ABUJA—The Central Bank of Nigeria, CBN, is now to allocate foreign exchange to end-users, with priority given to matured Letters of Credit, importation of petroleum products, raw materials and machinery. This is in a bid to effectively manage the nation’s depleted foreign reserves.

‘Admire to aquire’

Louis van Gaal has challenged his Manchester United players to play “our football” against Chelsea tonight as he fights to save his job.

THERE were two major national problems our military rulers managed poorly. First was the enormous wealth that came our way in the oil boom of the early 70s. One martial ruler said his headache wasn’t money: It was how to spend it. Whereupon the country under him took upon itself the Father Christmas role. We gave and gave to African countries that were not as oily endowed as we were. When we could no longer locate the needy in Africa we turned to shores outside the continent.

Lagos—The Lagos Chamber of Commerce and Industry, LCCI has said the relaxation of monetary conditions is yet to impact on the cost of funds in the economy and predicted that the Gross Domestic Product, GDP will rebound in 2016.

Rivers State governor, Chief Nyesom Wike has sympathized with doctors and management of Braithwaite Memorial Hospital, Port Harcourt over the fire that gutted the doctor’s quarters of the hospital, yesterday.

THE Nigerian Navy Ship, NNS, DELTA, in a move to end illegal bunkering activities in its domain, has warned communities not to allow illegal refining activities in their area or else such lands shall be forfeited to the Federal Government in its new strategy.

Some stakeholders in South East have raised alarm over an alleged plot by some people in Nigeria, especially the Federal Ministry of aviation staff, to sabotage flight activities at the Akanu Ibiam International Airport, Enugu, to give the impression that it was not suitable to render international services.

Pensioners in Rivers State have appealed to the state government to clear the pension of retired primary school teachers in the state.

THE authorities of the Federal University of Technology, Akure, Ondo State weekend explained the rationale behind the sack of 45 teachers of its Primary school.

Governor Ifeanyi Ugwuanyi of Enugu State has enjoined Christians in the state to celebrate the Christmas, praying for the country in these hard times.

The Akpu Community, Orumba South Local Government Area of Anambra State, has appealed to President Muhammadu Buhari to set up a high powered panel of inquiry to investigate their exclusion from Orumba North Local Government Area.

Nsukka—A final year student of the social works department, University of Nigeria, has been nabbed by the operatives of Special Anti- Robbery Squad, SARS, Enugu State Police Command for alleged armed robbery and secret cult activities in the university town of Nsukka while two of his accomplices absconded.

Odion Ighalo feels Watford have the chance to beat Tottenham Hotspurs in today’s EPL clash at Vicarage Road.

“It’s going to be a difficult game because Spurs are a good team and they have quality. They have been winning games too so it’s going to be difficult, but in football anything can happen,” Ighalo said.

All is now set for the 2015 rebranded Carnival Calabar, as more foreign contingents have continued to troop into the state to take part in the biggest street party in Africa.