Naira depreciates thrice in 6 hours

Remove subsidies, raise taxes – IMF CURRENCY traders in Lagos became apprehensive yesterday as the naira depreciated thrice in six hours at the parallel market. The traders were meeting in clusters, painstakingly trying to unravel the rationale behind the sudden depreciation, after it had appreciated for about four weeks. It exchanged at N467 to the…

Large anti-Maduro protests fill the streets in Venezuela

Anti-government protesters filled the streets of Venezuela’s capital and other major cities in a show of force against Presidential Nicolas Maduro, whose allies enraged the opposition by blocking a recall referendum against the socialist leader.

FG approves rebuilding of health facilities in N/East

MINISTER of Health, Professor Isaac Adewole, said government has approved a task force to rebuild within six months infrastructural facilities ravaged by insurgency in North- Eastern states. Adewole gave this assurance when he visited the Deputy Governor of Borno State, Alhaji Usman Mamman Durkwa, at the weekend. According to the minister, the task force would…

US airstrikes target top Al Qaeda leaders in Afghanistan

The U.S. military conducted a series of airstrikes in Afghanistan on Sunday that likely killed at least two senior Al Qaeda leaders, marking what the Pentagon called the most significant strike against the militant group’s leadership in several years.

Dankwambo set to establish 5 new tertiary institutions

GOMBE State government has inaugurated five committees for the establishment of five new institutions of higher learning in the state, as part of drive to increase residents’ access to education. Inaugurating the committees, Governor Ibrahim Hassan Dankwambo who was represented by his deputy, Dr. Charles Iliya, said the new tertiary institutions would increase access to…

Senate begins probe of Customs

SENATE yesterday began a comprehensive probe of the activities of the Nigerian Customs Service, NCS, with a view to blocking all sources of revenue leakages. The probe launched by the Senate Committee on Customs and Excise which began in Abuja on Wednesday, is to look at ways to increase revenue generation capacity of the service….

City of Kings : • In Ibadan every male child is potential Oba

How Ibadan evolved unique, rancour-free ascension to Olubadan throne By FEMI ADEOTI & OLUSEYE OJO The ascension to the throne of Olubadan of Ibadanland, Oyo State, is generally admired. It is well-structured and adjudged almost the best in the South West. It does not have ruling houses but two ruling lines of “Egbe Agba” (Civil)…

Stop toying with lives of citizens, cleric tells FG

The Federal Government has been charged to urgently carry out a critical reappraisal and review of all its economic policies, and stop playing with the lives of the citizens. Presiding Bishop of Rhema Christian Church and Towers, Taiwo Akinola, on the silver jubilee anniversary and convention of the church at in Sango Otta, Ogun State,…

Kalu: Why court should stop AGF, EFCC

In pursuant to Order 34 Rule 1 (a) & 3 of the Federal High Court (Civil Procedure) Rules 2009, Section 6 (6) (A) of the 1999 Constitution of the Federal Republic of Nigeria (as amended) and the inherent powers of the honourable court, we yesterday, had cause to apply to the Federal High Court, Abuja…