Nigeria’s naira fell 1.5 percent to a new low of 265 to the dollar on the unofficial market on Wednesday after the central bank rationed dollar supplies this week, traders said. The bank cut the amount it sold to each of the 2,270 retail money exchange brokers that participated in …
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The Court of Appeal sitting in Abuja has nullified the election of Nyesom Wike as Governor of Rivers state. The three man panel today ruled on the appeal filed by Wike following the October 24th verdict of the Rivers state Governorship tribunal which nullified his election as governor of the …
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The staggering sum could be received by Barcelona and the two Ballon d’Or candidates, as the two Premier League clubs step up their hunt for big signings Manchester giants United and City are trying to outdo each other with massive bids for Lionel Messi and Neymar, according to The Sun. The newspaper claims that the …
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President Muhammadu Buhari and his predecessor, Dr. Goodluck Jonathan, may soon meet over the mind- boggling revelations from the arms cash probe.Former National Security Adviser (NSA) Sambo Dasuki, who is standing trial for alleged misapplication and fraudulent disbursement of over N31b meant for purchase of arms, has alleged in his …
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THE Federal government has alerted Nigerians to prepare ahead for what it termed, more austere conditions in view of the strict economic policies being put in place by the Muhammadu Buhari led administration, just as it vowed to strictly monitor expenditure of all Ministries, Department and Agencies, MDAs to avoid …
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Popular Lagos celebrity blogger,Linda Ikeji has denied collecting N240 million from any aide of ex President Goodluck Jonathan as being asserted in some quarters. This is coming on the heels of an allegation by the domestic aide to Jonathan,who said he gave N240m to a popular Lagos female blogger.Reacting on …
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Reading news daily in Nigeria, revelations of how billions and trillions of Naira were looted from Nigeria’s treasury under the Goodluck Jonathan administration continue to hit Nigerians like a Mike Tyson blow. No one had envisaged the extent of the rot. In light of this, we takes a look at …
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The immediate past National Security Adviser, Sambo Dasuki, and three other persons were on Monday docked by the Economic and Financial Crimes Commission, EFCC. Messrs Dasuki; a former Director of Finance at the Office of National Security Adviser, Shuaibu Salisu; a former General Manager at the Nigerian National Petroleum Corporation, …
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I have been reading some depressing stories about the state of the Obafemi Awolowo University, formerly University of Ife, which provide an equally depressing metaphor for the state of higher education in Nigeria. Great Ife as that university is known to its staff, students and alumni, is probably Nigeria’s first model university …
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Investigators at the Economic and Financial Crimes Commission (EFCC) looking into how the office of the National Security Adviser (NSA) shared funds meant for fighting Boko Haram has detected another line of payment made to companies linked with Thisday publisher and owner of Arise TV, Nduka Obaigbena. The investigators said …
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