Chilling story of ritual killing in Ibadan

Chilling story of ritual killing in Ibadan

SCORES of people who thronged the Oyo State police headquarters, Eleyele, Ibadan to catch a glimpse of four suspected ritualists could not hold back their tears as one of the suspects, Tunde Jimoh, gave a chilling description of how they tricked their victim, Akintoye Oyeyemi, into a deep forest and murdered him in cold blood. Looking deceitfully innocent, the suspect, Tunde Jimoh said, “I am a business man who deals in cashew nuts. My brother’s friend came to him and said he would pay the sum of N10million for a business transaction."
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CBN to commence twice weekly FX sales to BDCs

CBN to commence twice weekly FX sales to BDCs

In continuation of its determination to sustain liquidity in the foreign exchange market, the Central Bank of Nigeria (CBN) is to commence twice weekly foreign exchange sales to Bureaux de Change(BDCs) as from Monday, next week.

CBN raises Forex supply to BDCs by 20%

CBN raises Forex supply to BDCs by 20%

The Central Bank of Nigeria (NAN) on Thursday said it would start selling foreign exchange to the Bureau de Change (BDC) market twice weekly and also boost their liquidity by 20 per cent.

Dollars: High demand raises rate to N380

Dollars: High demand raises rate to N380

Increasing demand for the dollar at the parallel market on Thursday resulted in the rise of the greenback currency to N380 from N370 on Wednesday in Abuja.

Time to revisit Alaibe’s proposed Niger Delta Master Plan

Time to revisit Alaibe’s proposed Niger Delta Master Plan

The Niger Delta Master Plan unveiled by the administration of former president, Chief Olusegun Obasanjo, was perhaps the first serious attempt by any government to move away from the tokenism that has characterized interventions in the region said to produces the nation’s wealth. Before then, there hadn’t been any clear-cut policy on how to permanently and satisfactorily address the problems of the region.