Yoyo naira exchange rates and common sense
Notwithstanding, the CBN has again assured Nigerians, that the current Naira rate would be stable, as it is inappropriate for the tail (i.e. the small parallel market) to wag the dog. Nevertheless, the CBN may have been in denial of the inflationary potential on the economy of the ultimately higher market prices for rice and 40 other items recently banned from official dollar purchase.
Half year: Diamond Bank’s shareholders hope of dividend heightens as revenues rise
Gross earnings increased by 15.0 per cent from N181.2 billion in 2013 to N208.4 billion, showing an increase of 9.6 per cent in net operating income which stood at N116.3 billion in 2013 to N127.4 billion. However, Profit Before Tax (PBT), declined marginally by 12.5 per cent from N32.1 billion in the previous year to N28.1 billion, reflecting the harsh regulatory headwinds that hallmarked business operations in 2014.
Group blames DESOPADEC problems on political interference
THE Centre for the Vulnerable and Underprivileged, CENTREP, Warri, Delta State, has said that political interference and not restructuring was the problem of Delta State Oil Producing Areas Development Commission, DESOPADEC.
Awontanmi explores the dynamics of Christian leadership
MINISTERIAL ethics are the standards, principles, and broad guidelines that Christian leaders must observe, as ethical practices are upright, honorable, moral, lawful, above-board, and full of integrity. In view of the above, the conduct and lifestyle of modern-day Christian leaders must be defined . But, in this end time when the devil and his agents have invaded the church, and many antichrist are on the prowl, the need for followers to be guided so that they will not fall to the tricks of the so called wolves in sheep clothing becomes a neccessity. And the only way they can do that, apart from constant reading of the word of God is to understand the ethics of Christian leaders.
Xcape drops ‘No wire no light’
Upcoming Yoruba rap artiste Xcape has dropped a new single ‘No Wire No Light’ on on-line music sharing platforms.
Lyrics in this single, mirrors the challenges of the artiste as he struggles to break clean to lime light in an already packed music industry
INEC acting Chairperson is Buhari’s in-law, Fayose alleges
Governor Ayodele Fayose of Ekiti State, has alleged that Mrs Amina Zakari, the Acting Chairperson of the Independent National Electoral Commission (INEC) is President Muhammadu Buhari’s in-law and that the position is unknown to the 1999 Constitution of the Federal Republic of Nigeria.
Wenger refuses to blame Cech after shock loss
Arsene Wenger refused to lay the blame for a surprise 2-0 Premier League defeat to London rivals West Ham solely with Petr Cech.
Petition: Aregbesola reacts, calls Judge liar, incompetent
Governor Rauf Aregbesola has described Justice Folahanmi Oloyede ,who petitioned the state House of Assembly to investigate him and his deputy, Mrs Titilayo Laoye-Tomori for alleged mismanagement of the state resources as a blatant liar and an incompetent judge.
Eyimba back to the top
SIX-time champions Enyimba have returned to the summit of the Nigeria league table after they beat Lobi Stars 2-1 in a Week 22 game played yesterday.
Black Stars, Hawks reject Eagles
NIGERIA will now play next-door neigbours Niger in a friendly on September 9 in Port Harcourt after proposals to take on Ghana or Togo did not come through.
Only kingmakers can announce Ooni’s death – Oba Akinruntan
As the world awaits the official announcement of the death of Ooni of Ife, Oba Okunade Sijuwade, strong indications emerged Sunday night that the final rites of passage preceding the public pronouncement and burial of the Ooni, may have reached its final stage.
