25.02.2017

Osinbajo Is Doing What Buhari Failed To Do – Dele Momodu

Dele Momodu, the publisher of Ovation International, has said that Acting President, Yemi Osinbajo, is effecting positive and noticeable changes in Nigeria, a feat his principal, Muhammadu Buhari failed to achieve while in the country. Buhari handed over to Osinbajo on January 19 before proceeding to the UK on a medical vacation . Since that time,…
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25.02.2017

How Naira Went From N525/$1 To N400/$1 In 3 Days

The Naira has made appreciable gains against the dollar in the last couple of hours. Here's the back story to it all. This time last week, the Naira was in a race of its own for the bottom. Nigeria's currency just couldn't be stopped. At the parallel market just a few days ago, the Naira closed trading at N525 to the Dollar. Economists and…
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25.02.2017

CBN forex policy not to stop naira slide – expert

A financial expert on Friday said that the new foreign exchange allocation method of the CBN was aimed at narrowing the wide gap between the official and parallel market rates. Uche Uwaleke, the Head of Banking and Finance Department, Nasarawa State University, Keffi, made the observation in an interview with the News Agency of Nigeria (NAN) in…
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25.02.2017

Mourinho happy with Rooney’s decision to stay

Manchester United manager, Jose Mourinho has hailed Wayne Rooney’s decision to remain at the club and confirmed that the club’s captain will be in the squad for Sunday’s EFL Cup final. Rooney finally shut down speculation linking him with a move to China on Thursday, with a statement confirming his intention to stay at Old Trafford. “Yes, “said…
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24.02.2017

Killers of Bayelsa government official to die by hanging

The killers of a Bayelsa government employee, Edi Kolu, who was on an official duty when he was attacked, have been sentenced to death by hanging. Justice Nayai Aganaba, who presided over the case which was first brought before the court two years ago, yesterday upheld the prayer of the prosecution and ordered that the duo should die by hanging. At…
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24.02.2017

Why Dasuki is not ready for trial – Lawyer

Counsel to former National Security Adviser, NSA, Col Sambo Dasuki (rtd), Ahmed Raji, on Friday told a High Court sitting in Abuja that his client was not ready for the commencement of his trial. Raji said the decision was due to the fact that his client had an application for consolidation of his cases, pending before the court. According to the…
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