Op-Ed

Defending the naira has become more expensive as Nigeria’s foreign reserves declined by $2.2 billion in October 2018 alone — the largest monthly drop since 2015. Data from the Central Bank of Nigeria (CBN) has shown that the reserves shed $2,243,157,059 in October, moving from $44,305,099,104 on the last working day of September to $42,061,942,045 as at October 30, 2018. The country’s …

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**No Power No Vote By Ebun-olu Adegboruwa, Esq Yesterday, I posted a story in respect of the revolution that happened in Egypt, where Siemens constructed a 14.4 gigawatts power plant in just two years with the sun of $7.2b. The main focus was partly to show that between 2015 when the Buhari administration took over power, and now, the problem …

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By Folake Sokoya The National Wire Staff Writer, Tayo Olanipekun, has been selected to receive a full grant Training programme by the Thomson Reuters Foundation in the United Kingdom. He will be joining other journalists from across the world for the one week training starting from November 12, 2018. This was made known in a letter to our staff dated …

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BudgIT said its attention has been drawn to activities on the advocacy group handle due to the serial tweets of @ToluOgunlesi on a graphic as regards a daily annual average of PMS supply. BudgIT said a few weeks ago, it published a report indicating the jump in NNPC’s PMS supply from an average of 24.1m litres/day in 2015 to 52.7m …

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A housewife, Mrs Hafsat Zakaria, on Friday  sought dissolution of her 16-years marriage over alleged failure by her husband to provide food. Hafsat also told a Sharia Court in Minna that  her husband, Mr Umar Aliyu, was not providing money for general maintenance of their home. “My husband is not living up to his responsibility of putting food on the …

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Major petroleum products marketer, Conoil Plc has reported growths in its unaudited third quarter results for the current financial year. Aided by a strong growth in sales volume and a significant reduction in cost of funds, the results, which was released to The Nigerian Stock Exchange (NSE) over the weekend, showed that Conoil continued to weather the stormy operating environment …

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The West African Examinations Council has approved sanctions in all cases of examination malpractices. The Nigeria Examination Committee of WAEC during its 66th Meeting in Lagos revealed that henceforth, candidates who flout the rules and regulations guiding the conduct of the council’s examinations will bear the consequences. According to a press statement signed by Demianus Ojijeogu, Head of Public Affairs, …

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The Tony Elumelu Foundation (TEF), Africa’s leading entrepreneurship philanthropy, is partnering with Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH, the German Government’s Agency for International Cooperation. GIZ will support the Tony Elumelu Foundation Entrepreneurship Programme to empower 210 young African entrepreneurs, focusing specifically on female entrepreneurs and tech-enabled businesses. The Entrepreneurship Programme of TEF was launched in 2015, having supported …

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A chieftain of the Peoples Democratic Party (PDP),Femi Fani-Kayode, has said the visit of Pastor William Kumuyi to President Muhammadu Buhari gave him “a deep sense of shame and outrage.” The former Minister of Aviation, in a statement on Tuesday, said as a devout Christian, he could not understand why the clergy had to visit Buhari under whose administration many …

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By Ebun-olu Adegboruwa Esq. The Governorship election of Osun State has opened up the weakness of our electoral system. It is a signal of what to expect in States like Rivers, Akwa Ibom, Bayelsa, Taraba, etc, which are regarded as battle grounds for the ruling APC and the opposition PDP. My comments herein are based principally on the report of …

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