Development
Naira weakens to lowest in three years
The Naira yesterday weakened to the lowest in over three years in the parallel market due to increased demand for dollars amid foreign-currency shortages. The local currency depreciated to N495 to a dollar yesterday, lowest since February 23, 2017, widening the gap with the official rate of N379.5 to over 30 per cent. The currency traded in the interbank market at 389.74 as of 4:54p.m. in Lagos. Agency reports quoted traders as alleging a groundswell of diversion of dollars, a development which heightened scarcity of the green back in the parallel market this week. There is a diversion of inflows away from official channels to the parallel market due to the gap in rates, Murega Mungai, trading desk manager for Aza Finance said in a note Thursday. The market spread has created arbitrage opp...
Bishop: Peter Obi always supportive, shows true leadership
The Bishop of Amichi Diocese, Anglican Communion, Bishop Ephraim Okechukwu Ikeakor, has described the Vice Presidential Candidate of the Peoples Democratic Party (PDP) in the 2019 elections, Mr. Peter Obi, as one who has remained supportive to the growth and development of College of Nursing Sciences, Diocesan Hospital, Amichi, Enugu State. Bishop Ikeakor, who is also the proprietor of the College, was speaking when Obi visited the College on Wednesday, November 25. He said that Obi had always showed true leadership even when not occupying any political office. Bishop Ikeakor urged other political leaders to emulate the kind disposition of Obi and continue to invest positively in society. “Obi has always showed strong support, both financial and otherwise, not just to our college, but to e...
Kano governor orders compulsory drug test for council election contestants
Governor Abdullahi Ganduje of Kano State has directed all cleared contestants in the forthcoming local government elections scheduled to hold January 16 to be subjected to a compulsory drug test. The state commissioner for information, Muhammad Garba, disclosed this on Thursday while briefing journalists on the outcome of the state Executive Council Meeting held at the Government House, Kano. According to Garba, the decision was part of the government’s policies to rid Kano of illicit substance abuse. He reaffirmed the administration’s commitment to tackle drug abuse among political leaders. He said the government would not hesitate to issue necessary disciplinary measures against ”anyone found with the trace of illicit substance including a compulsory recommendation for rehabilitation”. G...
Governor Wike: Nigeria’ll be on fire if President Buhari fails to restructure
Rivers State Governor, Nyesom Wike, has stated that the nation would be on fire if President Muhammadu Buhari fails to use the available opportunity to restructure the nation, urging the president to heed the clamour for fiscal federalism and restructuring to douse brewing tension in the country. The governor also advised the president to genuinely address the concerns and grievances expressed by stakeholders in the South-South and those of other geopolitical zones during the meeting with federal government delegation led by Chief of Staff to the President, Professor Ibrahim Gambari. Wike, who spoke Thursday on a television interview tasked the President to use the opportunity to address pressing issues affecting the stability of the country. Wike said: “President Buhari, has an opportunit...
President Buhari: There can’t be development in an insecure environment
President Muhammadu Buhari, on Thursday, underscored the need for adequate security in African countries. He said no growth or development could be achieved an insecure environment. According to a statement by his Special Adviser on Media and Publicity, Femi Adesina, the President spoke while receiving a special envoy of the Algerian President, who is also the country’s Foreign Minister, Mr Sabri Boukadoum, at the Presidential Villa, Abuja. The statement was titled, ‘We’ll deepen economic cooperation with Algeria, President Buhari assures’. Buhari wondered what African leaders will bequeath to the next generation if they could not secure their countries. He said peace, tranquillity and security were essential in African countries. He said, “Unless you secure your environment, you can’t man...
Group rejects South-South governors desire to control NDDC
A Niger Delta group, Vanguard for Transparent Leadership and Democracy (VATLAD), has condemned the desire of South-South governors to control the affairs of Niger Delta Development Commission (NDDC). The group described as untrue governors’ claim that their demand for control is borne out of concerned about the rot in the NDDC. In a statement by Comrade Igbini Odafe Emmanuel, national president, the group reminded South South governors that their continued failure to utlilise oil derivation funds and other funds acruing to their states sparked the agitation for the establishment of NDDC, which “will operate independently and without direct or indirect interference or control by our state governors or their agents.” It described as insulting threat by South South governors over NDDC, queryi...
Coronavirus vaccine breakthrough raises hopes of rapid global rollout
A coronavirus vaccine developed by Britain’s University of Oxford and the pharmaceutical firm AstraZeneca has shown successful results in early trials. If it is approved by regulators, the vaccine appears suitable for a fast rollout around the globe. Early analysis of trials involving 20,000 volunteers in Britain and Brazil show the vaccine is at least 62% effective after two doses. In volunteers given a different dosing regimen — a half dose, followed by a full dose — that figure rose to 90%. The average efficacy of the two dosing methods is 70%. None of those given the vaccine developed severe COVID-19 illness. Andrew Pollard, director of the Oxford Vaccine Group, said the recent successful trials of three different vaccines by Oxford-AstraZeneca, Pfizer-BioNTech and Moderna, represent a...
Alan Pardew joins Bulgarian side CSKA Sofia as technical director
A statement on the club’s website said Pardew will “help with his vast experience and contacts in the overall development of the club and attracting players to the representative team. The 59-year-old Briton has already signed his personal contract and started working immediately”. The post Alan Pardew joins Bulgarian side CSKA Sofia as technical director appeared first on TODAY. You Deserve to Make Money Even When you are looking for Dates Online. So we reimagined what a dating should be. It begins with giving you back power. Get to meet Beautiful people, chat and make money in the process. Earn rewards by chatting, sharing photos, blogging and help give users back their fair share of Internet revenue.
PDP inaugurates Ebonyi caretaker committee
The Peoples Democratic Party (PDP) on Monday inaugurated the Caretaker Committee for the Ebonyi State chapter of the party. The post PDP inaugurates Ebonyi caretaker committee appeared first on TODAY. You Deserve to Make Money Even When you are looking for Dates Online. So we reimagined what a dating should be. It begins with giving you back power. Get to meet Beautiful people, chat and make money in the process. Earn rewards by chatting, sharing photos, blogging and help give users back their fair share of Internet revenue.
General Motors abandons Donald Trump’s war against California’s pollution powers
General Motors announced today that it is abandoning Donald Trump’s effort to take away California’s ability to set fuel efficiency standards. The company, along with Fiat Chrysler and Toyota, previously backed Trump’s efforts to roll back fuel efficiency standards. The post General Motors abandons Donald Trump’s war against California’s pollution powers appeared first on TODAY. You Deserve to Make Money Even When you are looking for Dates Online. So we reimagined what a dating should be. It begins with giving you back power. Get to meet Beautiful people, chat and make money in the process. Earn rewards by chatting, sharing photos, blogging and help give users back their fair share of Internet revenue.
Tokunbo Abiru proposes antidote for national challenges
Mr Tokunbo Abiru, APC’s candidate for the Lagos East bye-election, has said that quality representation at the National Assembly is an antidote to diverse national development and security challenges. The post Tokunbo Abiru proposes antidote for national challenges appeared first on TODAY. You Deserve to Make Money Even When you are looking for Dates Online. So we reimagined what a dating should be. It begins with giving you back power. Get to meet Beautiful people, chat and make money in the process. Earn rewards by chatting, sharing photos, blogging and help give users back their fair share of Internet revenue.
