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N5, 000 banknote: Senators, Reps plan showdown with Sanusi

Posted by admin CBN (Central Bank of Nigeria), House, Legislature, Senate Sunday, September 16th, 2012

A show down is looming between the National Assembly and the Governor of the Central Bank (CBN), Mallam Sanusi Lamido Sanusi over his insistence to introduce the N5000 banknote. The two chambers are due to resume from their annual recess on Tuesday with members determined to stop the introduction of the new banknote. Influential members […]

ACN chieftains allege threats to their lives

Posted by admin Action Congress of Nigeria, Party Politics Sunday, September 16th, 2012

Two Action Congress of Nigeria (ACN) leaders in Akoko, Ondo North Senatorial District, Olugbenga Omole and Barry Obamehinti (aka (Beri-Bonje), at the weekend alleged that some notable leaders of the ruling Labour Party (LP) were threatening to intimidate them for working against their party. It was learnt that Omole, who is a regular discussant on […]

Court bans Zimbabwean PM from getting married

Posted by admin Africa & World Politics, Headlines Sunday, September 16th, 2012

THE Zimbabwean prime minister went ahead with wedding celebrations yesterday despite a court ruling that cancelled his marriage license on allegations that he would be committing bigamy. Morgan Tsvangirai, 60, and his bride exchanged vows and rings at a luxury convention facility in Harare but did not sign the legal marriage register. A court on […]

US orders embassy staff to leave Tunis, Khartoum

Posted by admin American Politics, Headlines Sunday, September 16th, 2012

The United States ordered non-essential staff to leave its embassies in Tunisia and Sudan on Saturday after both diplomatic posts were attacked and Khartoum rejected America’s request to send a platoon of Marines to bolster security at its mission there. “Given the security situation in Tunis and Khartoum, the U.S. State Department has ordered the […]

FG doles out N5m to each Paralympian gold medalist

Posted by admin Headlines, Soccer, Sports Sunday, September 16th, 2012

The Federal Government on Saturday announced a naira rain for the victorious Paralympics athletes and female Under 20 footballers, Falconets. President Goodluck Jonathan announced the cash gifts at reception organised in their honour at the Presidential Villa, Abuja. Each Falconet will get N1m, while their coaches and handlers will receive N1.2m each. For the paralympians, […]

AFRICAN IMMIGRANT MAGAZINE – AUGUST 2012 ISSUE

Posted by admin Books & Magazines Saturday, September 15th, 2012

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Joining the Season of Anger – NaijaPundit and Irresponsible Journalism – By Kunle Ojeleye

Posted by admin Articles, Columnists, Kunle Ojeleye, NNP Columnists Saturday, September 15th, 2012

By Dr. Kunle Ojeleye | Calgary, Canada | Sept. 15, 2012 – I must confess that the recent headline from NaijaPundit is one of the most irresponsible sensationalising journalism I have ever seen. Please be the judge. Headline From NaijaPundit THE ONLY THING SACROSANCT IN NIGERIA IS THE QUR’AN-BUHARI (Written by Vanguard Newspapers on 30 […]

Open letter to Gov. Peter Obi

Posted by admin Anambra, Headlines, Letters, State News Saturday, September 15th, 2012

By Obumselu Uzodimma Benjamin Your excellency, I am very happy for the good work you are doing in Anambra State. I appreciate your efforts to invest in what we know that works. May the good Lord guide, protect and give you knowledge and wisdom with which to impact positively on the lives of our people which will ultimately put smile on their […]

Naira is Set for Yet Another Round of Devaluation? – By Paul I. Adujie Esq.

Posted by admin Articles, CBN (Central Bank of Nigeria), Columnists, NNP Columnists, Paul I. Adujie Saturday, September 15th, 2012

By Paul I. Adujie | New York, USA | Sept. 15, 2012 –The introduction of Five Thousand Naira as a single currency note, will exacerbate already existing pressures on Nigeria’s long beleaguered national currency. It is sadly the case that Ghana, Haiti and Jamaica national currencies have better strength and international respect compared to the […]

Nigeria 5,000 Naira note: What is CBN thinking? – By Emeka Chiakwelu

Posted by admin Africa & World Politics, CBN (Central Bank of Nigeria), Columnists, Emeka Chiakwelu, NNP Columnists Saturday, September 15th, 2012

By Emeka Chiakwelu | NNP | Sept. 15, 2012 – How long will it take Nigerian policy makers to come out from their self imposed bubble and comprehend that policy decision they made can have adverse consequences. We all wake up one bright morning; the next thing we heard was that Sanusis Central bank of […]