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Gunmen kill one, set electoral materials ablaze in Bauchi

Gunmen kill one, set electoral materials ablaze in Bauchi

Operatives of Lagos State Criminal Investigation Department, SCID, are currently investigating the murder of 30-year-old Idowu Malik, aka Ori-gold who was supposedly murdered by one Ali Mustapha at Ikotun area of Lagos.

My pact with Niger people  -Nasko, PDP guber candidate

My pact with Niger people -Nasko, PDP guber candidate

The gubernatorial election has never been so explosive and interesting as it is in Niger State. It is a departure from the past when an aspirant would be imposed on the electorate by the elders without resistance. Though there is a campaign by the opposition on the age of the PDP flag bearer who they say is too young to govern the state, Umaru Nasko, who turned 40 on March 13, said in a country where life expectancy is put at less than 50 years, a 40- year old should not be seen as too young to serve as a state governor.

External reserve hits new low, below 4 months import

External reserve hits new low, below 4 months import

The stress of dwindling oil revenue is mounting on the economy as external reserve drops below USD30 billion last week, indicating less than four months import bill. The decline which came with last week’s withdrawals for meeting forex demands put the total figure at USD29.9 billion. The international standard for healthy reserves is six months import cover, which for Nigeria should be about USD48 billion. Nigeria’s external reserves had crossed USD60 billion mark, indicating over eight months cover, or literally excess reserve of over USD10 billion a year ago just before the oil price decline.