Naira black market damaging our economy – Adeosun

Naira black market damaging our economy – Adeosun

Finance Minister, Kemi Adeosun has said that the thriving of the Naira Black market is damaging the country’s economy. Adeosun said, to this end, directives have been given to the Central Bank of Nigeria, CBN, to eliminate Naira black market saying it has contributed to the current scenario where the naira trades about 40 percent below the official rate against the dollar.
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Health care delivery: Imperatives for change

Health care delivery: Imperatives for change

THE Nigerian healthcare delivery system is a source of concern to all because of the needless deaths of citizens and the capital flight that the health sector has come to represent in our time.

FG begins work on Umuahia-Ikot Ekpene road

FG begins work on Umuahia-Ikot Ekpene road

By Anayoi Okoli UMUAHIA — RELIEF is coming the way of motorists and commuters plying the busy but deplorable Umuahia-Ikot Ekpene federal road following the flag-off of palliative repairs on the road by the Federal Road Maintenance Agency, FERMA. Greater part of the Abia end of the road is ridden with  dangerous and deadly potholes. […]

Buhari, Obasanjo for South-East Economic & Security Summit

Buhari, Obasanjo for South-East Economic & Security Summit

President Muhammadu Buhari and former President Olusegun Obasanjo, will be leading other eminent personalities and delegates to attend the maiden South-East Economic and Security Summit- SEESS 2016 – holding at the Enugu State Government House, Independence Layout, Enugu on Thursday, December 22, 2016.

CODAF to FG: Stop celebrating discovery of crude oil in Borno, Lagos

CODAF to FG: Stop celebrating discovery of crude oil in Borno, Lagos

COMMUNITY Development Advocacy Foundation, CODAF, a non-governmental organisation, has told the Federal Government to stop celebrating the discovery of crude oil in Borno and Lagos States and focus on how to come up with a good revenue model that would reduce fossil fuel dependence with strong commitment to combat climate change.

Court orders round-the-clock protection for El-Zakzaky, wife upon release

Court orders round-the-clock protection for El-Zakzaky, wife upon release

By  Abdulwahab  Abdulah Abuja—Justice G.O. Kolawole of the Federal High Court, Abuja  had ordered 24-hour police protection for the leader of the Shi’ite Islamic Movement in Nigeria, Ibrahim El-Zakzaky, and his wife anytime they are released from custody. El-Zakzaky was arrested by the military last December after a clash between the movement and officers of […]

FG to earn $2bn from new cash call policy

FG to earn $2bn from new cash call policy

The federal government is expected to earn about $2 billion (about N61billion) from a new cash call policy that comes into effect in January 2017, while its oil production is set to increase to 2.5 million barrels per day in 2019.

PDP Crisis: Sheriff meets ex-Chair Bamanga Tukur

PDP Crisis: Sheriff meets ex-Chair Bamanga Tukur

Chairman of a faction of Peoples Democratic Party, PDP, Senator Ali Modu Sheriff, and a former chairman, Alhaji Bamanga Tukur, yesterday met behind closed doors to discuss the leadership crisis in the party.