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Military, Police intensify attack on Arepo vandals

Military and Police operatives, in a joint operation yesterday, continued the bombardment of Iroko creeks in Arepo area of Ogun State as part of on-going battle to flush out oil pipeline vandals from the areas.

Controversy trails NMA election in Lagos

lagos—The relative peace in the Lagos State healthcare services may be interrupted following the outcome of the election of the Nigerian Medical Association, NMA, Lagos State Chapter, which produced two different executives, with each faction claiming the leadership of the body.

Eko Atlantic City’ll be noticeable in 18 months — Ambode

Lagos—Governor Akinwunmi Ambode of Lagos State, yesterday, expressed confidence that the on-going Eko Atlantic City, EAC, Project, will become noticeable in the next one and half years, even as he tasked prospective investors and interested individual to key into the project.

GOtv Boxing Night 8: Skoro makes glorious return

Waidi “Skoro”, the West African Boxing Union featherweight champion, made an explosive ring return on Saturday, winning the N1 million cash prize for the best boxer award at GOtv Boxing Night 8.

Lay down your arms, Timi Frank begs Avengers

ABUJA—Acting National Publicity Secretary of All Progressives Congress, APC, Mr Timi Frank, has called on the Niger Delta Avengers and other militant groups in the Niger Delta region to lay down their arms and give the Federal Government a chance to redeem its promises to the region.

Ex-militants’ protest: Army, DSS, Police, Navy take over Warri, Effurun

WARRI—THE Nigerian Army, Navy, Police and Department of State Services, DSS, have deployed personnel in strategic locations in Warri, Effurun and environs in Delta State, following intelligence report that ex-militants plan to protest the non-payment of their monthly allowances.

Bdcs: Has the leopard changed its spots?

In January 2016, the CBN announced that it had stopped, with immediate effect, the sale of foreign exchange to Bureau de Change (BDCs), so as to reduce pressure on Nigeria’s foreign reserves. The CBN Governor, Godwin Emefiele, has therefore directed BDCs to henceforth source forex from the autonomous market.

Nigeria’s quest to reclaiming economic stability

Sentiment towards the Nigerian economy received a painful blow in July following the shocking reports that the nation had slipped into a technical recession. Africa’s largest economy has been heavily pressured by falling commodity prices, while external global uncertainties continue to expose the nation to noticeable downside risks.

Lagos to disburse N25bn employment fund in Sept.

Lagos State Government has said that the disbursement of N6.25billion being the first tranche of N25 billion, Employment Trust Fund, ETF, to beneficiaries would finally commence in September, 2016, aimed at stimulating the Small and Medium-sized Enterprises of the state economy.

Abuja Housing Show: Nigerians spend 60% disposable income on house rent

Most Nigerian tenants expend 60 percent of their disposable income on house rent as a direct consequence of the huge housing deficit in the country, which is at variance with 20 to 30 percent advocated by the United Nations (UN). Participants at the recently concluded 10th edition of annual Abuja Housing Show (AHS) in Abuja, called for a holistic approach to expanding access to housing in a bid to effectively tackle the housing problem in the country. In a communiqué issued at the event, the participants noted that there is no quick fix to Nigerian housing problems.

Ex-VP, Atiku now Agricom Chairman

Agricom Field Services Network, a telecommunication company, weekend, announced the appointment of former Vice President, Atiku Abubakar, as its Chairman.

Melaye drags Manitoba to EFCC over alleged N13.8bn fraud

ABUJA—Senator Dino Melaye, representing Kogi West Senatorial District, on the platform of ruling All Progressives Congress, APC, has dragged Manitoba Hydro International Nigeria Ltd, to the Economic and Financial Crimes Commission, EFCC, over alleged diversion of N13.8 billion and abuse of Public Procurement Act.

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