The Governor of the Central Bank of Nigeria, Mallam Lamido Sanusi, on Tuesday, described former President Olusegun Obasanjo as “a very bad economist.” Sanusi, at the sixth annual conference of the Chartered Institute of Bankers of Nigeria in Abuja, said Obasanjo misinterpreted the impact of the proposed N5000 note on the economy when he […]
AMIDST clamour for the return of presidency to the North in 2015, there are strong indications that the three zones of the North have split into nine presidential camps, with reports indicating that there is a growing gang-up against the Jigawa State governor, Alhaji Sule Lamido. Confidential checks across the northern region in the last […]
The Central Bank of Nigeria has said that it will be illegal for banks to compel their customers to accept the N5000 note when it comes into existence.. The apex bank, which denied allegations that it was forcing the new structure of the naira on Nigerians, said customers could reject N5000 note from banks “I […]
Following last week’s attacks on telecommunications infrastructure in some northern states, the operators have said subscribers may experience disruptions to services in the affected areas, DAYO OKETOLA writes Millions of mobile telephone subscribers in the northern states of Borno, Bauchi, Yobe, Gombe and Kano may have to contend with network outages or very poor services […]
10, 2012 by Sesan Olufowobi, Eniola Akinkuotu and Temitayo Famutimi 52 Comments Armed robbers, numbering about 12, robbed in different parts of Lagos State on Sunday killing three policemen and a commercial bus driver. One of the policemen and the driver, who were killed at the PWD area of Ikeja by the rampaging robbers, were […]
Patience Jonathan is expected back in the country before the end of September ahead of Nigeria’s 52nd Independence anniversary. Patience is said to be hospitalised at the Horst Schmidt Klinik in Wiesbaden, Germany. While a section of the media said she underwent surgery for appendicitis, some others said she was being treated for food poisoning. […]
Globacom Limited Chairman, Dr. Mike Adenuga, has joined the President of Dangote Group, Alhaji Aliko Dangote, among personalities to be conferred with the award of Grand Commander of the Niger. GCON is usually bestowed on the country’s Vice-President. But last year, Dangote made history when he was conferred with the award. A statement on Sunday […]
By Our Reporter LAGOS— Fresh controversy, yesterday, trailed the proposed introduction of N5,000 note as there were speculations that the controversial note had already been printed abroad and shipped into the country preparatory to distribution. This came as the National Assembly and the National Economic Council insisted that they were yet to give the policy […]
By OLA AJAYI, IBADAN AS the controversy over the celebration of Oranmiyan deity rages between the Alaafin of Oyo, Oba Lamidi Adeyemi, and the people of Ile-Ife in Osun State, the monarch has decided to go on with the celebration irrespective of the disapproval from Ile-Ife. Though, Alaafin has decided to keep mum over the […]
Cross River state Governor,senator Liyel Imoke says his state is ready to organise the best-ever world mountain running championships that will serve as benchmark for future championships. Imoke made this pledge following the award of the hosting right to Obudu Ranch Resort for the 30th World Mountain Running Association Championship which will hold in 2014. […]
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