We inherited net external reserve at $859m — CBN
By EmekaAnaeto, Babajide Komolafe & Emma Ujah The Central Bank of Nigeria (CBN) has revealed that the nation’s Net External Reserve had plunged to a mere $859 million as of the second quarter of 2023, a clear negative position unprecedented in the history of the bank, and also less than a month imports bill. The […]
Election tribunal resumes hearing in Ekiti
*As witness alleges affliction By Gbenga Ariyibi ADO-EKITI—The Election Petitions Tribunal sitting in Ado Ekiti yesterday resumed hearing on the petition filed by the Action Congress (AC) gubernatorial candidate in the April 25 election re-run, with a witness telling the tribunal how he was afflicted with a disease which had made his signatures to be […]
Ondo Assembly rejects N27bn extra budget
By Dayo Johnson AKURE—LAWMAKERS in Ondo State yesterday rejected the N27billion supplementary appropriation bill forwarded to them by the state governor, Dr Olusegun Mimiko, citing irreconcilable figures in the bill. Dr Mimiko last month presented the bill to the Assembly for ratification after making use of the budget inherited from the former Governor, Dr Olusegun […]
BNC begs Benin monarch to accept Igbinedion’s apology
“As a socio-cultural organization, we have been studying the trends of disagreements between Chief Gabriel Osawaru Igbinedion (the Esama of Benin) and His Royal Majesty, Oba Erediauwa, over breach of customary and traditional protocols with very keen interest.
ICPC survey to determine most corrupt state, geo-political zone
The Independent Corrupt Practices and Other Related Offences Commission (ICPC) says it is carrying out a survey to determine the most corrupt state as well as the most corrupt geo-political zone in the country.
State of Edepie-Tombia road worries motorists in Bayelsa
The deplorable state of Edepie-Tombia road linking the university community of Amassoma in the Southern Ijaw local government area of Bayelsa State is now a source of grave concern to motorists.
