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Edo, Governors, Latest Politics, Legislature, Senate, State News, Top Stories
Thursday, March 3rd, 2016
By Anozie Egole Chairman, Senate Committee on the Federal Capital Territory, Senator Dino Melaye, has been berated over his uncomplimentary remarks about the wife of Governor Adams Oshiomhole of Edo State, Mrs Iara Oshiomhole.Dino-Oshobaba Melaye, who represents Kogi-West senatorial district, while contributing to a motion by Senator Enyinnaya Abaribe, which advocated the patronising of products […]
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Latest Politics
Tuesday, March 1st, 2016
Ade Adesomoju A Federal Capital Territory High Court in Jabi, Abuja, has ordered the Economic and Financial Crimes Commission to immediately grant bail to former President Goodluck Jonathan’s ex-aide-de-camp, Col. Ojogbane Adegbe, in liberal terms. Justice Yusuf Halilu, ruling on a fundamental rights enforcement suit filed by Adegbe on Tuesday, however, refused the plaintiff’s prayer […]
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Economy, Latest Politics, Naira (Currency)
Wednesday, February 24th, 2016
-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 […]
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Economy, Latest Politics, Naira (Currency)
Wednesday, February 24th, 2016
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 […]
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General Politics, Latest Politics, Top Stories
Wednesday, February 24th, 2016
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 […]
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Latest Politics, National Politics, Top Stories
Saturday, February 20th, 2016
-Vanguard Dollar scarcity: Parents of overseas students weep in banks Fisayo Falodi, Success Nwogu, Jesusegun Alagbe, Demola Olonilua and Armstrong Bakam As dollar scarcity worsens in Nigeria, parents who have children schooling abroad have taken their frustrations to banks, with some of them weeping openly, as Saturday PUNCH observed. Investigations by our correspondents […]
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Latest Politics
Thursday, February 18th, 2016
By Levinus Nwabughiogu ABUJA — It was nothing short of a melodrama at the Presidential Villa, Abuja, yesterday, between State House correspondents and the Federal Government over the many foreign trips of President Muhammadu Buhari during a press briefing. Lai Mohammed, the Minister of Information, who justified the trips, said they were necessary to bring […]
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EFCC Politics, Latest Politics, Raw Politics
Wednesday, February 17th, 2016
EFCC re-arraigns Dokpesi over ‘N2.1bn fraud’ The Economic and Financial Crimes Commission (EFCC) has re-arraigned The Founder and former Chairman of DAAR Communications PLc, Chief Raymond Dokpesi, before Justice John Tsoho of the Federal High Court, Abuja. Dokpesi was first arraigned before Justice Gabriel Kolawole of the same court in December 2015. On Wednesday, he pleaded […]
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General Politics, House, Latest Politics, Legislature, National Politics, Oil Politics, Top Stories
Tuesday, February 16th, 2016
$24bn crude oil swap deal has no contract –Reps From Kemi Yesufu, Abuja The House of Representatives Ad-hoc committee investigating $24 billion crude oil swap, yesterday, heard how there was no official contract for the deal between Nigerian National Petroleum Corporation (NNPC), Duke Oil and Transfigura, another oil company. Indications emerged from the Hon. Zakari […]
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Latest Politics, Oil Politics
Tuesday, February 16th, 2016
Nigeria relied too long on oil –Buhari • Calls for international support to resettle IDPS From Juliana Taiwo-Obalonye, Abuja Before a team of British parliamentarians, President Muhammadu Buhari conceded that Nigeria relied too long on oil as a single source of revenue. He, however, assured Britain that his administration would rebuild Nigeria, adding that he […]
