Sani Lulu loses mum
Alhaji Sani Lulu Abdullhi, a former president of the Nigerian Football Federation ,is bereaved. He recently lost his mother,Hajia Laraba Abdullahi. Hajia Laraba, who was the matriarch of the Abdullahi family died at Idah, Kogi State on Saturday. February 4, after a brief illness at the age of 87. She has since been buried according to Islamic rites....
Fed Govt borrows N2.13tr in two months
Data obtained by The Nation’s Economic Intelligence yesterday showed that the government has stepped up its borrowings across all instruments as risk-averse investors crowded around sovereign debt issuances. The data indicated that the government overshot its borrowing calendar in most instances to mop up oversubscriptions to its offers. The data indicated that the government raised N2.129 trillion between January and February...
Six days to elections: APC govs, bank CEOs in last-minute rush to clear naira mess
In a last-ditch effort to resolve the lingering cash crisis that has thrown the entire country into turmoil, governors elected on the platform of the All Progressives Congress on Sunday met with the party leadership at the APC National Secretariat in Abuja. This was as the chief executive officers of banks also met to proffer solutions to the situation which...
‘Naira swap can’t stop terrorism’
—Advises prosecution of indicted sponsors, conniving banks An investigative report released by public policy researchers and analysts – Nextier, Sunday said that the President Muhammadu Buhari’s decision to redesign the Naira as part of efforts to stem the tide of terrorism in Nigeria is not likely to yield desired results in the end. The report advised the Nigerian government to have...
Ogun woman sets self ablaze over N70,000 debt
A middle-aged woman identified simply as Mama Dada has reportedly set herself ablaze in her rented apartment allegedly over her inability to pay back a N70,000 loan she took from a microfinance bank. Our correspondent gathered that the deceased got burnt beyond recognition as the entire building located at Oke-Keesi, Itoko area of Abeokuta was burnt. An eyewitness, Bolanle Ajayi, who...
NIGERIAN NEWSPAPERSNigerian Newspapers: 10 things you need to know this Monday morning
Good morning! Here is today’s summary from Nigerian Newspapers: 1. The Bishop of the Catholic Diocese of Sokoto, Matthew Hassan-Kukah, yesterday said that President Muhammadu Buhari, former presidents Goodluck Jonathan and Olusegun Obasanjo, among others that led Nigeria, became presidents unprepared. According to him, no President or Head of State in the history of Nigeria ever came prepared for the...
Technology will put new Electoral Act to test, says Yiaga Africa
The introduction of technology in the electoral process will test the Electoral Act 2022, a civil society organisation, Yiaga Africa has said. The organisation said this is because the new electoral act legalised the use of technology for accreditation and transmission of election results. This was disclosed by its Media Officer, Moshood Isah in Abuja yesterday. during the organisation’s latest “WatchingTheVote:...
Politicians’ fight to keep old naira note is not for Nigerians -Actor Okon Lagos
A comic actor, Bishop Umoh, aka Okon Lagos, has stated that politicians’ fight to keep old naira notes is not for the benefit of Nigerians. He made this known via his Instagram account on Friday morning. The actor stated that the naira redesign policy is not intended to punish the common man, but rather to maintain a free and fair election...
New naira crisis: Violence spreads to Agege, other areas of Lagos
The civil unrest early on Friday morning has now spread to Agege, Ikorodu and other parts of Lagos State. Pandemonium broke out in some parts of the state in the early hours, on Friday, as some aggrieved persons suspected to be hoodlums stormed major roads in protest of the naira scarcity in the state. The protesters stormed Mile-12, Ketu, Ojota area,...
G-5: Too late to reconcile with PDP leadership —Wike
GOVERNOR Nyesom Wike of Rivers State has said it was too late to achieve reconciliation between the G-5 governors and the Dr Iyorcha Ayu-led national leadership of the Peoples Democratic Party, PDP. The governor, who made the remarks in Port Harcourt, Rivers State, yesterday, said even before the Enugu governor hosted the PDP presidential candidate, Atiku Abubakar, “We (G-5) knew...
