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 […]

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 […]

Picture: Ex-athlete, Monye, arrested for murder in S/Africa

Monday, November 21, 2011 Ambrose Monye Photo: Sun News Publishing More Stories on This Section A Nigerian former athlete, Ambrose Monye, 35, is in South Africa’s police custody over an alleged assassination of a South African woman, Chanelle Henning, Tuesday last week in Faerie Glen. Ambrose Monye, 35, who was recently acquitted of murder, is […]

Balarabe Musa, Makarfi, ACF, others mourn

SHOCK and disbelief rent the air in the North, following the news of the death of The Guardian Newspapers Publisher, Mr. Alex Ibru, who passed on yesterday. Among the many sympathisers were the former Governor of Kaduna State, Alhaji Balarabe Musa, Senator Ahmed Makarfi, the Arewa Consultative Forum (ACF) and the Special Senior Assistant to […]

Robbers seize 70-yr-old man

By Albert Akpor Just as residents Imo State, South-East Nigeria are still basking in the euphoria of low crime rate occasioned by the proactive and zero-tolerance for crime measures put in place by the administration of Owelle Rochas Okorocha, a gang of armed robbers, Thursday night, struck at the residence of Elder Vincent Dike in […]

268 die on Lagos-Benin road – FRSC

By Simon Ebegbulem, Benin City THE Zonal Commander of the Federal Road Safety Corps (FRSC), Mr. Yakubu Attah, yesterday, raised the alarm over the spate of road accidents around the Ovia River, along the Benin-Lagos express road in Ovia North East Local Government Council of Edo State, just as he disclosed that no less than […]

National Awards Govt unfair to Enyimba, Anyansi – Odegbami

By JOE APU Sunday, November 20, 2011 Anyansi Photo: Sun News Publishing More Stories on This Section The National Merit Award was held in Abuja last Monday amid pump and ceremony. In fact, it was a roll call of who is who in the country. The awardees beaming with smiles on that day, came out […]

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