Naira weakens badly

As MPC retains policy rate, other parameters • Food inflation to moderate as harvest starts, says Emefiele • We must avoid blind speculation, Adedipe warns Nigeria is grappling with additional challenges, including a faster rate of inflation, as the gap between official and parallel segment of the foreign exchange (FX) market continues to widen. As […]

Okonjo-Iweala’s chances for WTO DG brighten as rival withdraws

Nigeria’s former Minister of Finance, Ngozi Okonjo-Iweala’s chances of securing the Director-General of the World Trade Organisation (WTO) brightened yesterday as South Korea withdrew its candidate, Yoo Myung-hee, from the race. Washington Trade Daily quoted sources as saying that South Korea had notified the United States (U.S.) government of its decision and would make the […]

EndSARS protest: FG, CBN and hounding of promoters

Omoniyi Salaudeen The youth restiveness as precipitated by the recent EndSARS protests in some parts of the country still remains a talking point in the country. Since the sudden eruption of the crisis that threatened the fabric of the nation, the desire for sustainable peace has been the major concern of the stakeholders. The only […]

Assets declaration: Magu shuns CCB’s summons

Ibrahim Magu Godwin Tsa, Abuja The suspended acting Chairman of the Economic and Financial Crimes Commission (EFCC), Mr Ibrahim Magu, on Tuesday, failed to honour the summon the Code of Conduct Bureau (CCB), issued for him to appear and answer questions bordering on some landed properties. A competent source at the CCB who confided in Daily Sun said […]

My next ambition is to be Pastor or Nigeria’s president – Fayose

By Rotimi Ojomoyela, Ado Ekiti Former Governor of Ekiti state, Ayo Fayose has said he has never at any time nursed the ambition of being a senator, saying his next ambition in life is to become Nigeria’s president or a cleric. He said he hates being a senator who would be making laws that the […]

Stop treating #EndSARS protesters as terrorists

Wilfred Eya, Chinelo Obogo, Sunday Ani, Chukwudi Nweje, Jude Chinedu and Paul Oruode Apex Yoruba socio-cultural organisation, Afenifere; umbrella Igbo group, Ohanaeze; Middle Belt Forum and other prominent Nigerians, yesterday, demanded that the Federal Government stop treating promoters of #EndSARS protest as terrorists, warning that the continued crackdown on the protesters could spark off an […]

#EndSARS protester escapes Nigeria, lands in Canada, and testifies before Canadian parliamentary committee

DJ Switch who quietly left Nigeria, following death threats, has surfaced in Canada, speaking with parliamentarians about the event of 20 October in Lagos. According to reports, DJ Switch, whose real name is Obianuju Catherine Udeh, told a parliamentary committee that the soldiers who shot at #EndSARS protesters at the Lekki Toll Gate, said they […]

#EndSARS: MASSOB worries destruction in S’East may hinder Biafra takes off

Okey Sampson, Umuahia Movement for the Actualization of Sovereign State of Biafra (MASSOB) is worried that the level of destruction of public and private buildings in the South East during the #EndSARS protest by hoodlums may delay the take-off of the Biafra government that will soon come on stream. MASSOB national director of Information, Sunny […]

‘MJTF played significant role in rescuing American hostage’

• Five Abductors Killed In Gun Battle With Kidnappers • Defence Headquarters Keeps Mum Over Operation The Multinational Joint Task Force(MNJTF) played a significant role in yesterday’s rescue of Philip Walton from his abductors, by a Naval Special Warfare group in the United States, better known as SEAL Team Six.  Walton, a 27-year-old American, was […]

Wike signs executive order to proscribe IPOB

Godwin Tsa, Abuja The Abuja division of the Federal High Court, yesterday declined an application by the Economic and Economic Crimes Commission (EFCC) to issue a warrant of arrest against former Minister of Petroleum Resources, Mrs Diezani Alison-Madueke. Justice Ijeoma Ojukwu refused the granting of the application on the ground that an affidavit to proof […]

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