The Nigerian currency, the Naira is set to witness further decline against the US Dollar due to scarcity of the Dollar. Against expectation, population of Nigerians traveling home for the holidays fell short resulting to shortage of Dollars returning home with them. The Naira closed at 490 to the Dollar on Friday, from 495 against the dollar last Friday at …

From Olabode Adaramola The Niger State House of Assembly has extended invitation to the Secretary to the State Government, Alh. Ibrahim Isah Ladan and the Commissioner for Justice, Barrister Nasara Dan Mallam Baba for legalization of the State Investment Promotion Company, an investment arm of the government.The house said the invitation  of the two top government officials was a matter …

NASS to Amend HYPADEC Bill   From Olabode Adaramola The National Assembly has again commenced amendment to the establishment of the Hydro Power Producing Areas Development Commission (HYPPADEC) bill, the second of such amendments within four years. The new amendment is consequent upon the discovery that there are some lapses in the old bill which has made it non implementable …