Thursday, December 12, 2019
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CBN INJECTS $195 MILLION INTO CURRENCY MARKET

The Central Bank of Nigeria, CBN, said on Tuesday it had injected $195 million into the interbank foreign exchange market, extending efforts to boost liquidity and alleviate dollar shortages. The bank said it had released $100 million earmarked for the wholesale market, $50 million for small businesses and individuals, and $45 million for certain dollar...

ACHIEVING A CLEANER ENVIRONMENT IN NIGERIA

Rasak Musbau The strategic importance of cleaner environment as bedrock upon which development and economic prosperity rest has been an area of research well documented across the globe. Undeniably, major world cities like London, Washington, Oslo, Dublin, Paris etc. are famous because of the beauty of their sparkling clean environment. Indeed, while no one can possibly...

16 HECTARES OF HEMP FARM DESTROYED IN OSUN

The Osun State Command of the National Drug Law Enforcement Agency (NDLEA) on Wednesday announced that 16.8 hectares of Indian hemp (Cannabis Sativa) farm located in Ikoyi community in the state had been destroyed. The Commandant, Mr Samuel Egbeola, made the disclosure while speaking with newsmen in Osogbo on the achievements of the agency in...

NIPOST TO INAUGURATE ONLINE POSTAL, MONEY ORDER

The Nigerian Postal Service (NIPOST) says it will inaugurate an online Postal and Money Order as part of activities to commemorate the World Post Day coming up on Oct. 9. According to a statement by Mr Franklin Alao, the General Manager, Corporate Communications of NIPOST in Abuja, portal is aimed at bringing postal service at...

SENATE SETS UP COMMITTEE TO INVESTIGATE ALLEGATIONS AGAINST IGP

The Senate has set up an eight-man ad hoc committee to investigate allegations of corruption brought against the Inspector General of Police(IGP), Mr Ibrahim Idris, by Sen. Isah Misau (APC-Bauchi). The senate also mandated its Committee on Ethics, Privileges and Public Petitions to investigate Police allegations against Sen. Misau, and present its findings to the...

NEW MINIMUM WAGE: NLC ACCUSES FEDERAL GOVERNMENT OF FOOT-DRAGGING

The Vice-President of the Nigeria Labour Congress (NLC), Mr Solomon Adelegan, announced on Wednesday that the Federal Government was foot-dragging on negotiating a new minimum wage for workers. Adelegan, who made the disclosure in an interview with the News Agency of Nigeria (NAN) in Lagos, said that negotiating a new wage for workers was long...

ANGLICAN CHURCH PENALISES SCOTTISH ARM OVER GAY MARRIAGE

The Anglican Church on Tuesday disciplined its Scottish branch for deciding to allow same-sex couples to get married in its churches. The Scottish Episcopal Church (SEC) voted in June to change its law on marriage, removing the reference to it being between a man and a woman. As a result the first gay wedding in...

BUHARI PRESIDES OVER FEC MEETING

President Muhammadu Buhari has presided over the Federal Executive Council (FEC) meeting today at the presidential villa in Abuja. Vice President Yemi Osinbajo was also in attendance at the meeting. The Ministers present at the meeting include the Minister of State for Labour and Employment, Senator Chris Ngige; the Minister of Health, Issac Adewole; the Minister of Solid...

EFCC REVEALS HOW EX-NAF CHIEFS DIVERTED N21BN TO PERSONAL ACCOUNTS

An Economic and Financial Crimes Commission (EFCC) investigation officer, Tosin Owobo, on Tuesday testified that three former Air Chiefs allegedly diverted N21billion to their personal accounts from the Nigeria Air Force (NAF). He said they diverted the sum through several companies which they registered personally incorporated, none of which had any transaction or contract with...

Senate To Investigate Allegations Of Corruption In NNPC

The Senate has set up an Ad-Hoc committee to conduct a holistic investigation into allegations of corruption in the Nigeria National Petroleum Corporation (NNPC). The committee will also investigate the issues raised in a memo said to be written by the Minister of State for Petroleum, Ibe Kachikwu. The Chairman of the Ad-Hoc committee is Senator...

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