Nigeria’s economy growth rate may beat IMF prediction – Budget Ministry
As emphasis on capital expenditure by the Federal Government begins to yield positive results with investment/GDP ratio increasing, the GDP growth rate of the Nigerian economy is likely to beat the IMF prediction of -1.8% for the full year 2016, the Ministry of Budget and National Planning has indicated.
BREAKING: Gabon’s Ali Bongo narrowly wins second term
Gabon’s President Ali Bongo has narrowly won a second term in office, taking 49.80 of the vote against 48.23 percent for his rival Jean Ping, Interior Minister Pacome Moubelet-Boubeya said Wednesday.
CBN re-instates banks banned from foreign exchange market
The Central Bank of Nigeria (CBN) has re-instated all the banks that were banned from the foreign exchange market, the Director, Banking Supervision, Mrs Tokunbo Martins, has said.
President Buhari to visit Osun tomorrow
By Gbenga Olarinoye Osogbo – President Muhammad Buhari will pay a one day working visit to Osun State on Thursday just as the government urged the people of the state to demonstrate the Omoluabi (virtuous) ethos they have been known for. A statement by the Director, Bureau of Communication and Strategy in the Office of […]
My wife accuses me of having affairs with my cousin, housemaid, husband tells court
A businessman, Remigus Iwuanyawu on Wednesday told a Jokwoyi Customary Court that his wife, Chioma accuses him of having affairs with his cousin and housemaid.
Don’t watch eclipse with naked eyes, Official warns
An educationist, Mr Olajide Olunoiki, on Wednesday warned Lagos residents to avoid watching the annular eclipse of the sun with naked eyes on Thursday. Olunoiki, a Director in the Lagos State Ministry of Education, told newsmen that sighting the eclipse was injurious to naked eyes.
Russia to hold alternative ‘Paralympics’ for banned athletes
Russia will hold a two-day competition next week for its Paralympic squad banned from Rio, the country’s committee chief said Wednesday, just as the official Games start in Brazil.
370 kilos of cocaine found at Coca-Cola factory
A report on Wednesday in Paris said 370 kilogrammes of cocaine worth 55.6 million dollars street value was found at the Coca-Cola factory plant in southern France. The report also said that Coca-Cola might have taken the cocaine out of its fizzy brew over a century ago.
How ailing economy will be revitalized – Presidency
THE Presidency has said that the country’s ailing economy would bounce back fully after the 2016 statutory budgets of corporations and agencies are passed by the National Assembly and subsequently assented to by President Muhammadu Buhari.
BIAFRA: Count me out of RE-IPOB – Arthur Nwankwo
CHANCELLOR of the Eastern Mandate Union, EMU, Dr Arthur Nwankwo, has dissociated himself from the Reformed Indigenous People of Biafra, RE-IPOB, a breakaway faction of Indigenous People of Biafra, IPOB and his nomination as one of old Eastern Region eminent persons to negotiate with the Federal Government on Biafra.
Pastor drugs, rapes woman seeking prayer solutions to her problems
An Ogudu Magistrates’ Court in Lagos on Wednesday ordered one Korede Olamide, 37, a pastor, to be remanded in prison custody for allegedly raping and robbing a woman who had met him for prayer solutions to her problems.
