Scrap BDC, save the Naira from continued devaluation
The pressure on the Naira at the foreign exchange market might continue to mount and see further depreciation in value of the Naira if the activities of currency speculators are not curbed. At the centre of this speculative activities are the Bureau de Change. Right from the deregulation of the foreign exchange market, the operation of third party non bank outlet for foreign exchange transaction has been the bane of the Naira. Those who own and operate these outlets do so for personal gains. in the guise of helping to reach the unreached members of the public by banks. They buy foreign exchange at cheap rate from CBN and divert them to the parallel market and sell at exorbitant rate to end users.
Oshodi demolition not targeted at Igbo traders – APC Chieftain
Oshodi demolition not targeted at Igbo traders
Witch-hunt: Jafaru Isa’s release vindicates us – PDP
NATIONAL leadership of the Peoples Democratic Party, PDP has accused the Economic and Financial Crimes Commission, EFCC of compromise, being selective in its treatment of suspects by releasing the associate of President Muhammadu Buhari and APC chieftain, Brig. General Jafaru Isa (retired) barely eight hours of his arrest.
Sharing of arms money: Public office seekers must be mentally examined — Bola Ajibola
Prince Bola Ajibola (SAN),was president of the Nigeria Nigerian Bar Association (NBA) between 1984 and 1985 when he led Nigerian lawyers in a boycott of the courts in protest against the perceived dictatorial tendencies of the General Muhammadu Buhari military regime.
The law prohibits courts from awarding stringent bail conditions
Akuma said, “it is the nature of the offence that determines the bail that is given to a defendant.’’ Another lawyer, Mr Labaran Magaji, who corroborated Akuma, said that bail conditions were at the discretion of courts. A female lawyer, Mrs Adaeze Anah, said “bail is a shield and not a sword. So, I can’t say whether it is attainable or unattainable. “There are factors that determine the kind of bail conditions given to an accused person,’’ Anah said.
The orders for bail of Dasuki, Kanu should be obeyed – Falana
For 16 years that the Peoples Democratic Party was in power, the federal government exhibited total contempt for the Rule of Law.
My reign is dedicated to Yoruba development – Ooni
The Ooni of Ile-Ife, His Imperial Majesty, Oba Adeyeye Enitan Ogunwusi, has restated that his reign will be dedicated to cultural renaissance and development of Yorubaland.
NULGE appeals to Borno on N18,000 minimum wage
The Borno chapter of the Nigeria Union of Local Government Employees (NULGE) on Sunday renewed its call on the state government to implement the N18, 000 minimum wage to all Local Government workers in the state.
Israel appoints interior minister who served time for graft
His resignation allowed Netanyahu to take over the economy minister post himself and move ahead on the gas deal.
Cleric urges leaders to abide by oath of office
Sheikh Muhammadu Isah-Kutigi has urged political leaders to abide by oath of office and remember the day of judgment in the discharge of their duties. Isah-Kutigi, proprietor, Madarasatul Faitul Islam in Dutsen Kura Gwari, made the call during Qura’nic Graduation (Wolimat) of 114 students in Minna on Sunday. He said the society would experience the […]
Emirati gets death sentence for joining jihadists
A court in Abu Dhabi on Sunday sentenced to death an Emirati convicted in absentia of having joined both the Islamic State group and Al-Qaeda’s branch in Syria, a newspaper reported.
NLC hails release of N1bn pension arears in Kebbi
The Nigeria Labour Congress (NLC) in Kebbi has commended the state government for releasing one billion naira for payment of outstanding pension of retired civil servants.
Updates on Bayelsa supplementary poll as APC wins Nembe
By Samuel Oyadongha Nembe supplementary poll Collation officer Dr. Victor Torubele No of registered voters 4294 Accredited voters 2649 Votes scored APC 1400, PDP 1160 Total valid votes 2574 Rejected votes 31 Total votes cast 2605 Ekeremor supplementary poll Collation officer, Dr. Perekibina Beriweni Total registered votes 9157 Accredited votes 3018 Votes scored APC 257, […]
‘Bail conditions make mockery of the system’
Some legal practitioners in Abuja have expressed mixed feelings over the bail conditions issued to defendants by courts in the country.
Share / Tsaragi communal clash: Ahmed refutes taking sides
Against the backdrop of allegation by the warring people of Tsaragi that Governor Abdulfatah Ahmed of Kwara state has taken side with his town people of Share over the renewed communal clash that had claimed many lives and over 50 buildings,the governor has described the allegation as shocking, unfair and inappropriate representation of what transpired in the recent peace meeting.
Pope says he’s ‘a sinner in need of God’s mercy’
Pope Francis describes himself as “a sinner” in need of God’s mercy, in an upcoming book where he also urges the Catholic Church to focus on its mission as a grassroots, hands-on organisation.
