archiveJanuary 2019

  The Central Bank of Nigeria (CBN) has said it was planning to increase the number of items on its foreign exchange restricted items to 50 from 42. The CBN Governor, Godwin Emefiele, who stated this at the weekend during an inspection of the Dangote Refinery at the Lekki Free...

Trading activities on the Nigerian Stock Exchange (NSE) closed positive last week as the All-Share Index and Market Capitalization appreciated by 3.94 per cent to close the week at 31,005.17 and N11.562 trillion respectively. Similarly, all other indices finished higher with the exception of the NSE Banking Index that depreciated...

The Kogi State Presidential Campaign Council of the Peoples Democratic Party (PDP-PCCO) said it has uncovered a grand plan of the 12 man killer squad of the governor Yahaya Adoza Bello and the All Progressives' Congress (APC) to give organised bloodshed a new meaning. In a press statement on Sunday,...

As the Central Bank of Nigeria (CBN) holds its first Monetary Policy Committee (MPC) meeting in 2019 on Monday, experts have said that the apex bank would maintain status quo. They told the News Agency of Nigeria on Sunday in Lagos that maintaining the Monetary Policy Rate alongside other policy...

The ruling All Progressives Congress (APC) has faulted the claim by former President Olusegun Obasanjo that President Muhammadu Buhari-led administration has perfected the plot to rig the poll. Spokesperson of the party, Malam Lanre Issa-Onilu while addressing a press conference in Abuja on Sunday assured that the APC-led administration would...

  Former President Olusegun Obasanjo has taken a swipe at what he called President Muhammadu Buhari’s “mad desperation” to secure re-election. While addressing newsmen at his Olusegun Obasanjo Public Library (OOPL), Abeokuta, Ogun State capital, on Sunday, Obasanjo, in a 16-page statement, said “what is happening under Buhari’s watch can...

Presidential candidate of the Young Progressives Party (YPP), Kingsley Moghalu, has disclosed plans to revive the economy of Nigeria if elected as president in the forthcoming election. Asked how he intended to fix the economy, Moghalu said the country currently lacked an economic ideology, hence the country must first decide...

  The Socio-Economic Rights and Accountability Project (SERAP) has sent an open letter to major presidential candidates for Nigeria’s February 16 election. SERAP is urging them to “publicly commit to revolutionary and innovative anti-corruption reforms in five key areas, such as security votes, power sector, corruption, judicial corruption and removal...

  The United States of America has warned its citizens in Nigeria of a plan by Islamic State and Boko Haram insurgent groups to disrupt the forthcoming 2019 general elections by carrying out attacks. The US gave the warning in a statement published on its website on the 18th of...

  Governorship candidate of the All Progressives Congress (APC) in Lagos State, Mr. Babajide Sanwo-Olu and his running mate, Dr. Obafemi Hamzat, Friday unveiled their development agenda for the state ahead of the March 2nd gubernatorial election. Tagged project THEME, five pillars of development will focus on traffic and transportation,...