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CBN devalues naira, changes exchange rate target •Sanusi can hire, fire bank MDs – Court insists

THE Central Bank of Nigeria (CBN), on Monday maintained its current posture on a Monetary Policy Committee’s (MPC’s) decision on interest rates based on its perceived stability in macro economic indicators for the period under review. Also, the apex bank has devalued the naira by changing the exchange rate target from the present N150 to […]

Soldiers take over Rivers, Bayelsa, Delta •As ex-militants threaten to bomb oil facilities

THERE was security alert in the Niger Delta, on Monday, following a threat by a group of ex-militants to bomb oil facilities in the region in response to the Federal Government’s alleged failure to address some issues that border on their welfare. Heavily armed security agents posted to oil facilities were positioned to ward off […]

Kwara govt moves to ban okada riders

Kwara State police command is on the move to stop the activities of commercial motor bike business, popularly called okada, in all parts of the state, following the incessant hacking of innocent people with cutlass and planks by men using unregistered okada to commit crime in the state. Speaking with journalists in Ilorin on Monday, the Commissioner […]

‘Nigeria loses N455bn yearly to poor sanitation’

UNITED Nations Children’s Education Fund (UNICEF) chief, water, sanitation, and hygiene section, Mr Vinod Alkari, has revealed that, Nigeria loses N455 billion annually or 1.3 per cent of its Gross Domestic Product (GDP) due to poor sanitation. Similarly, he added that, 33 million people defecate in the open while only a third of the country’s population […]

Bayelsa guber race: Why Jonathan stayed away –Presidency

THE Presidency, on Monday, advanced reasons why President Goodluck Jonathan stayed away from the governorship primary of the Peoples Democratic Party (PDP) in his home state of Bayelsa, at the weekend, where Honourable Seriake Dickson emerged as the standard-bearer of the party. Jonathan, together with members of the National Assembly from the state, except Honourable Dickson, was […]

7 killed in fresh Fulani attack in Plateau

NO fewer than seven people were killed in renewed hostilities between the Berom and Fulani in Barkin Ladi Local Government Area of Plateau State on Sunday and in the early hours of Monday, while 20 others sustained injuries. Nigerian Tribune learnt that the incident occurred on Sunday, when some Fulani herdsmen on revenge mission for their cattle […]

Nuclear Diplomacy & the Diplomacy of Co-existence – By Prof. Emmanuel Esiemokhai

By Prof.  Emmanuel Omoh Esiemokhai, NNP,  Nov. 21, 2011 – Since the United States retaliated against the Japanese Pearl Harbour incident during the Second War, by dropping on Hiroshima and Nagasaki, an atomic bomb called, “Little John”, some states started to develop their atomic and nuclear research. This has remained a costly and very dangerous […]

Lessons and Reflectiosn from Rome – By Anthony A. Kila

By Anthony A. Kila, London, UK – Nov. 21, 2011 – Just some few days ago, the Italian political capital, Rome, once again became capital of world for those obsessed or even merely interested in world politics. The occasion, for the very few that may have missed it, was the fall of the Silvio Berlusconi […]

Modu Sheriff, Ndume, Pindar behind Boko Haram

THE self-acclaimed chief spokesman of the dreaded Boko Haram sect, Ali Sanda Umar Konduga, popularly known in media circles as Usman Al-Zawahiri, has been nabbed by the Department of State Security Service (SSS), just as he opened up on those backing the sect. Fielding questions from newsmen at the SSS headquarters in Abuja, on Monday, […]

Supreme Court hears suit on tenure elongation today

The Supreme Court will this morning hear the appeal filed by the Independent National Electoral Commission (INEC) challenging the decision of the Court of Appeal which upheld the decision of a Federal High Court sitting in Abuja which had earlier elongated the tenure of five governors. The apex court had invited the trio of Chief Richard Akinjide, […]

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