PDP given 5 days to change Anambra candidate

A group of Peoples Democratic Party, PDP, members led by the suspended Anambra State chairman of the party, Prince Kenneth Emeakayi, yesterday, gave the national leadership of the party five days to change the governorship candidate of the party in the state, Mr. Oseloka Obaze.
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NLNG demands $315m judgement debt from NIMASA

THE Management of Nigeria LNG has formally issued a demand notice for the sum of USD$315,598,823.29 judgment debt to the Nigerian Maritime Administration and Safety Agency (NIMASA).

Naira down to 360.75/$ at NAFEX

The Naira, yesterday, depreciated to N360.52 per dollar in the Investors and Exporters (I&E) Foreign Exchange, forex Window. Data from the Financial Market Dealers Quote, FMDQ, showed that the indicative exchange rate for the I & E Window, known as Nigerian Autonomous Foreign Exchange, NAFEX,  dropped  to N 360.75 per dollar, yesterday, from  Friday’s rate   which  stood  at N360.21 per dollar. This indicates a 54 kobo depreciation of the Naira.

PDP flags off campaign in Anambra

Onitsha, the commercial city of Anambra State, was agog yesterday as Peoples Democratic Party, PDP, stalwarts, led by its national chairman, Alhaji Ahmed Makarfi; former Vice President, Dr. Alex Ekwueme; former Deputy Speaker of House of Representatives, Chief Emeka Ihedioha; Senator Ben Ndi Obi; former Governor Peter Obi; Mrs. Josephine Aneni; Alhaji Abdul Ningi; Senator Magery Okadigbo; Professor A. B. C. Nwosu and Chief Raymond Dokpesi, stormed the city to flag of the party’s campaign for the state’s governorship election.

Dwindling oil revenue, threat to food security —Ambode

Governor Akinwunmi Ambode of Lagos State has described the dwindling oil revenue and fluctuation in the foreign exchange rates as major threat to agricultural sector, which made it expedient to encourage rural agricultural development.

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