LATEST ARTICLES

FOREX: CBN Consolidates Market Stability With $195m

ABUJA – The Central Bank of Nigeria (CBN) on Monday, October 23, 2017, injected the sum of $195million into the inter-bank Foreign Exchange Market. Figures obtained from the Bank indicate that the CBN offered $100million to authorized dealers in the wholesale segment of the market, while the Small and Medium Enterprises (SMEs) segment received the sum of $50 million. Those...

Oil Prices To Rise Above $60

Oil prices rose on Monday over supply concerns in the Middle East and as the U.S. market showed further signs of tightening while demand in Asia keeps rising. Brent crude futures, the international benchmark for oil prices, were at 57.84 dollars. U.S. West Texas Intermediate (WTI) crude futures were at 52.03 dollars per barrel.. The amount of U.S. oil rigs drilling for...

Court Awards N2million Damages Against Nigerian Police Over Evans’ Brother

The Federal High Court in Lagos on Monday entered judgment against the Nigeria Police Force in the fundamental rights enforcement suit filed by one Mr. Okwuchukwu Obiechina said to be the brother-in-law of alleged kidnap kingpin, Chukwudumeme Onwuamadike, alias Evans. Justice Mohammed Idris, in a judgment on Monday, declared Obiechina’s arrest and detention and constitutional, holding that the remand order...

Body Of Man Who Jumped Into Lagos Lagoon Recovered

The body of the 40-year old man, Oluseye Adekunle, who jumped into the Lagos Lagoon around Lekki tollgate bridge has been recovered. Adekunle jumped into the Lagoon on October 20 around Lekki tollgate bridge while the Marine Police and officials of the Lagos State Emergency Management Agency, LASEMA, have been searching for his body. PM News gathered that the corpse of...

Nnamdi Kanu is in Senator Abaribe’s Custody – FG Tells Court

The Federal Government has replied to Senator Enyinnaya Abaribe’s application seeking to withdraw as one of the sureties for the leader of the proscribed Indigenous People of Biafra, Nnamdi Kanu, describing the application as belated, PUNCH Newspaper reports. The government, in its counter-affidavit and written address filed before the Federal High Court in Abuja to oppose Abaribe’s request, told Abaribe...

NYSC to Commence Online Registration Of Batch B Corp Members

The National Youth Service Corps (NYSC) has released details of Online registration for 2017 Batch ‘B’ corps members. The registration is scheduled to commence 23rd October. NYSC released the entire mobilizationt time-table for 2017 Batch B members on its website. (Newsquest)

Hard Times, By Odimegwu Onwumere

By Odimegwu Onwumere We face hard times in different ways: They could be marital, job, health, educational, relationship, monetary, spiritual challenges. Just name them. But the worst of all the challenges is when a person or persons you had thought would say "Hello, take it easy" do/es not care. It pains when you reach out to people and not even a text message from them comes to you. They feel above...

JUST IN: Buhari Orders Immediate Disengagement Of Maina From Service

President Muhammadu Buhari has ordered the immediate disengagement of the former Chairman of the Presidential Task Force on Pension Reforms, Mr. Abdulrasheed Maina, from service. This was disclosed by the President’s Special Adviser on Media and Publicity, Femi Adesina, on his Twitter page (@FemAdesina) on Monday, October 23, 2017. Adesina said Buhari has also directed the Head of Civil Service of the Federation, Mrs....

The Factors/Projects That Put Umahi Poles Ahead Of Other Leaders Exposed (Part Two)

By Monica Ada Chidinma Eze, Preamble As Ebonyians, friends and associates continue to celebrate the 21st anniversary of the creation of Ebonyi State and in line with my avowed task and pledge to use this auspicious period in the annals of our State to present to the world the remarkable 21 projects and feats of the fifth administrator of Ebonyi State,...

Lagos PDP Chairman Slumps and Dies at Airport Hotel in Ikeja

Caretaker Committee Chairman of Lagos State chapter of Peoples Democratic Party (PDP), Chief Osolanke, is dead. According to Daily Sun, the deceased was said to have slumped yesterday at Ikeja Airport Hotel, from where he was rushed to the Lagos State university Teaching Hospital, Ikeja where he was confirmed dead. It was gathered that the late PDP boss was billed to...