ON FEBRUARY 25, 2016 By Emman Ovuakporie & Johnbosco Agbakwuru ABUJA—ABOUT 1,884,618 Nigerians living with Human Immuno Virus, HIV, risk death if the Federal Government refuses to provide N58 billion for Anti Retroviral Therapy, ART, for their treatment. About 95 percent of the infected patients largely depend on the ART from the United States, US, […]
-punch Oyetunji Abioye The naira rose further on Wednesday against the United States dollar at the parallel market to 300 from 310 on Tuesday. The local currency, which closed at 391 against the greenback last Thursday, had risen to 375 and 310 on Monday and Tuesday, respectively. While linking the recent gain recorded by […]
Oyetunji Abioye and Ade Akanbi-Punch The Central Bank of Nigeria needs to devalue the naira by adjusting the official exchange rate of N199/dollar to a more market-determined exchange rate, the International Monetary Fund has said. This position sharply differs from that of President Muhammadu Buhari, who insisted that Nigeria would not devalue the currency. A […]
-Punch Olaleye Aluko A lawyer, Adeyemi Akintoye, is currently receiving treatment from a hospital in the Yaba area of Lagos State after two soldiers allegedly brutalised him for “walking slowly on the road.” PUNCH Metro learnt that one of the soldiers, identified as Uko Obasi, from the Tailoring Department of the Ordinance Barracks, […]
Punch Eniola Akinkuotu and Ade Adesomoju The Economic and Financial Crimes Commission says it is set to arraign the immediate past Minister of Interior, Mr. Abba Moro, for allegedly defrauding graduate applicants of N676,675,000 during the 2014 Nigeria Immigration Service recruitment during which about 20 job seekers lost their lives. The EFCC said in a […]
By Olalekan Waheed Adigun | NNP | February 23, 2016 – When many thought the People’s Democratic Party (PDP) is ticking the right boxes for 2019, the party leadership came up with something unique. There appear to be a drama series which never in want of Acts and Scenes with its peculiar dramatis personae as […]
By Arnold A. Alalibo | NNP | February 23, 2016 – If the latest pricing template of kerosene by the Petroleum Product Pricing Regulatory Agency (PPPRA) is anything to go by, then the federal government has withdrawn subsidy on the product. In the new price regime, the depot price of the product is N73 per […]
By Tochukwu Ezukanma | Lagos, Nigeria | February 23, 2016 – There can be no freedom without the law. While it is the law that limits our freedom, it is also the law that guarantees our freedom. When there is no law to limit one’s freedom, there will be no law to guarantee his freedom. […]
By Dr. Jideofor Adibe | London, UK | February 23, 2016 – Boutros Boutros- Ghali, the sixth Secretary-General of the United Nations (January 1992 to December 1996) has died aged 93. As an Egyptian, many Africans were elated when he became the first ‘African’ to head the United Nations. When he also became the first […]
Ifeanyi Onuba The scarcity of foreign exchange for importation of raw materials by local industries is adversely affecting the sector as over 50,000 workers have lost their jobs in Abuja in the last two months. The President, Abuja Chamber of Commerce and Industry, Mr. Tony Ejinkeonye, confirmed the job losses in an exclusive interview with […]
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