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Naira in tatters!  ‘Buhari must act now or lose control completely’

Naira in tatters! ‘Buhari must act now or lose control completely’

The Federal Government of Nigeria is doing a wonderful job fighting corruption. The last time this monster was tackled, head-on in this country, was in 1984, by the same Head of State Buhari. Then as now, the price of crude oil created the havoc. Then, as now, there were discordant views about whether or not the government should devalue the currency or not. Those on the left wing of Nigerian politics, the Nigerian Labour Congress and socialists who arrogated to themselves the love of the masses, were against devaluation of the currency.

$2.1 BN ARMS DEAL: Jonathan’s ADC adamant on N10bn cash disbursement

$2.1 BN ARMS DEAL: Jonathan’s ADC adamant on N10bn cash disbursement

Efforts by the Economic and Financial Crimes Commission (EFCC) to extract information from Ojogbame Adegbe the aide-de-camp to former President Goodluck Jonathan, relating to the N10 billion allegedly moved from the Office of the National Security Adviser for political purposes, may have met a brickwall.

Forex crisis: Exchange rate now N400/ USD1 in parallel market

Forex crisis: Exchange rate now N400/ USD1 in parallel market

In what is becoming increasingly clearer, a cocktail of bad choices, incoherent policies made worse by instability in the markets, as well as a fastidious clinging to antiquated ideas, the fate of the Naira hangs in the balance as it continues its downward slide. This report will show why the Muhammadu Buhari administration’s misplaced belief that hope is best served for dinner, at a time when there may be no one at the table because the prognoses for the Naira and the economy, do not inspire confidence and growth.

Tompolo: No clue on whereabouts, 4 days to court appearance

Tompolo: No clue on whereabouts, 4 days to court appearance

FOUR days to the February 19 date given by a Federal High Court sitting in Lagos to the nation’s security agencies to produce the former ex-militant leader, Chief Government Ekpemupolo, alias Tompolo, there is no clue on his whereabouts.

Oliseh: NFF wins round 1, stops salary of his aide

Oliseh: NFF wins round 1, stops salary of his aide

AS Nigerians come to terms with the sensational Super Eagles coach, Sunday Oliseh’s rant on You-tube, his employers, the Nigeria Football Federation, NFF, are gradually fighting back by first stopping the salary of his aide.

Kidnapping in FESTAC, Igbo factor and Police

Kidnapping in FESTAC, Igbo factor and Police

AN Igbo proverb, says that when the birds start flying without perching , hunters learn how to shoot and hit, without aiming, and that is the origin of the name “ Ogbanufe” meaning, one who shoots and kills birds as they fly.

Dr Irene Damola burnt to death

Dr Irene Damola burnt to death

A retired radiologist and the eldest child of late Ologbosere of Warri Kingdom, Chief O. N. Rewane, was yesterday burnt to death in an early morning fire in Lagos.

EFCC vs Tompolo: Judge orders security agencies to produce Tompolo

EFCC vs Tompolo: Judge orders security agencies to produce Tompolo

Justice Ibrahim Buba of a Federal High Court sitting in Lagos, yesterday, directed security agencies in the country to compel the attendance in court of ex-Niger Delta militant, Chief Government Ekpemupolo (Tompolo), charged with N13 billion theft by the Economic and Financial Crimes Commission, EFCC.

Free School Meal: FG partners NASCO to produce ‘special’ biscuit

Free School Meal: FG partners NASCO to produce ‘special’ biscuit

In keeping to its campaign promises of providing quality education in the country, Federal Government has signed a memorandum of understanding with Nasco Foods limited, Jos for commercial production of high nutrient density biscuit for the national school feeding programme.