By Abdullahi Ahmed, Tola Kehinde and Rosaline Ekwere The naira, on Monday, appreciated to N1,250 per dollar at the parallel section of the foreign exchange (FX) market, according to reports confirmed by relevant stakeholders. The FX rate is a 0.43 percent increase from the N1,280 recorded on March 29, yetContinue Reading
…says more projects underway In fulfillment of his resolve to changing the economic outlook of his Constituency, the member representing Ukanafun/Oruk Anam Federal Constituency, Rep. Unyime Idem, has commissioned the 4-kilometre Ikot Akpan Essien – Ikot Obong – Ikot Ukpong Eren road in Oruk Anam local government area, which heContinue Reading
The recent revelation by the new governor of Kaduna state; His Excellency, Uba Sani that his predecessor, Mallam Nasir El-Rufai left behind a huge debt burden for his state, has called for a cursory look at debts bequeathed across Nigeria by immediate-past governors. The National Bureau of Statistics (NBS) hasContinue Reading
‘These criminals learn new tricks every day. It is unfortunate that many unsuspecting members of the public fall for their tricks, with many having tales of woes to tell’ turnpot@gmail.com 0705 263 1058 There is hardly a week that I will not encounter scammers on a couple of occasions, especiallyContinue Reading
The Rivers State House of Assembly has threatened to resume impeachment proceedings against Governor Fubara over his attacks on the FCT Minister, Nyesom Wike, as well as other unlawful actions of the Governor Speaker of the House, Martin Amaewhule, who was accompanied by 26 members of the Assembly, read outContinue Reading
… President Tinubu must be careful of him PRESS CONFERENCE BY THE FORMER RIVERS STATE PDP PRESIDENTIAL CAMPAIGN COUNCIL Gentlemen of the Press! Ladies and Gentlemen! Thank you for responding to our invitation to this press conference. 1. We have just risen from a meeting of the leadership of theContinue Reading
… PDP ex-National Chair, others declare support for Tinubu, more in News-In-Brief CBN Adjusts Dollar Rate Again As Naira Bounces Back The Central Bank of Nigeria, CBN, has once again reviewed downwards the foreign exchange rate for the Nigerian Customs Import Duty. This is the 5th time in two (2)Continue Reading
…state grounds for their defection Six Labour Party (LP) House of Assembly Members in Enugu State have defected to the Peoples’ Democratic Party (PDP). The lawmakers stated that their defection was as a result of the “existence of irreconcilable division, incessant crisis within the Labour Party at the national levelContinue Reading
“We are at liberty to pick any venue of our choice” -LP Legal Adviser ‘We weren’t part of the National Convention’ -INEC The Independent National Electoral Commission (INEC) has disowned Wednesday’s Labour Party (LP) National Convention in Anambra. Mr Rotimi Oyekanmi, the Chief Press Secretary to INEC Chairman, said thisContinue Reading
…as Naira continues to bounce back against Forex This morning, at Zone 4 Abuja, along the Sheraton Hotel, the dollar is selling at N1,000 – $1. Abdulsalam BDC is selling N900 if buying over $5000. There’s a mad rush to dispose of dollars at Zone 4. The dollar in theContinue Reading
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