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CBN: Dollar sales to BDCs resume August 31

The Central Bank of Nigeria (CBN) has announced that it will resume what it describes as “gradual” sales of dollars to Bureau De Change (BDC) operators on Monday, August 31, 2020. In two circulars to BDC operators, authorised dealers and service providers seen by New Telegraph yesterday, the apex bank said it will sell dollars […]

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Guber polls: Signals from Edo damning, dangerous –INEC chair

The Chairman of the Independent National Electoral Commission (INEC), Professor Mahmood Yakubu, yesterday, said that the signals emanating from Edo State over the September 19 elections were not good enough. He said that although the commission and its staff were set to conduct a credible, transparent, free, fair transparent and acceptable governorship election in the […]

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Amnesty Programme: Buhari sacks Dokubo, appoints Dikio as interim administrator

President Muhammadu Buhari has disengaged Prof. Charles Quarker Dokubo as the Coordinator of the Amnesty Programme and approved the appointment of Col. Milland Dixion Dikio (rtd) as Interim Administrator with effect from August 21, 2020. According to a statement made available to newsmen yesterday by his spokesman, Malam Garba Shehu, Dokubo had been directed to […]

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AfDB: Future beckons for bigger Africa, says Adesina

Wins 100% votes for 2nd term Buhari, Gbajabiamila, Okonjo-Iweala hail his reelection The President of the African Development Bank Group, (AFDP), Dr. Akinwumi Adesina, yesterday, said that there was the need to build a very strong institution to cater for Africa’s development. Adesina, who was yesterday elected for another five years as the President of […]

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Oral sex can trigger bacterial vaginosis

Scientists in the United States (US) have found that receiving oral sex may trigger the condition of bacterial vaginosis (BV) because germs in the mouth can disrupt those that occur naturally in the vagina. According to the findings of their study published in the journal ‘PLOS Biology,’ the bacteria commonly found in the mouth, which […]

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Zulum’s attack, signpost of failed security architecture

The recent gun attack on Governor Babagana Zulum of Borno State should not and must not be swept under the Nigeria’s proverbial carpet. Zulum was on a trip to Monguno and Baga towns in the state to distribute food to the Internally Displaced Persons (IDPs) when his convoy came under a cacophony of gunshots. Shortly […]

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Adesina re-elected AfDB President

  Nigeria’s Dr. Akinwunmi Adesina has been re-elected as the President of the Africa Development Bank by the Board of Governors of the Bank. President Muhammadu Buhari’s Personal Assistant on Social Media, Lauretta Onochie made the announcement on Thursday via her official twitter handle. Onochie wrote: “Our very own Akinwumi Akin Adesina has been reaffirmed as […]

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JNI: Southern Kaduna moving towards ethno-religious crisis

•Asks FG to act fast The Jama’atu Nasril Islam (JNI) under the leadership of Muhammad Sa’ad Abubakar III, the Sultan of Sokoto has raised the alarm that the crisis in the southern part of Kaduna State was turning into a serious ethno-religious crisis. This is as the Islamic body asked the Federal Government to act […]

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Form M: MAN seeks policy reversal from CBN

Despite supporting the Central Bank of Nigeria (CBN)’s position on import restriction, the Manufacturers Association of Nigeria (MAN) has advised the apex bank to reverse the recent policy banning unauthorized dealers from opening Forms ‘M’ for importation in the overall interest of the manufacturing sector and the economy in general. The association referred to the […]

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Presidency: Nigeria’s economy outperforms projections

…says no cause for alarm on NBS’ GDP report The Presidency, yesterday, said that despite the observed contraction in Nigeria’s economy during the second quarter of 2020 and the outbreak of the coronavirus pandemic, it remained on track and has outperformed earlier projections by most domestic and international analysts. Special Adviser to the President on […]

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