Legal luminary, Aare Afe Babalola (SAN) has canvassed a new constitution before the 2003 general elections, noting that the 1999 Constitution foisted on Nigerians by the military is the cause of myriads of political, socio-economic crises bedeviling the country. He also called on all patriotic Nigerians who want the country to remain united to join […]
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In the last week, there has been some convergence of words of caution about the dangers ahead if we refuse to make hay while the sun is still shinning. In other words, the time for restructuring and redirecting the ship of state is now. Even as these calls are being made, self-interested state actors are […]
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Naira sees biggest plunge day after CBN forex ban CBN maintains stance as BDCs seek truce This will move market away from rate convergence, Adonri insists BDCs are anti-market creation, living borrowed time – retired banker Banks can’t be trusted, may hoard dollars, Mailafia says Twenty four hours after the Central Bank of Nigeria (CBN) […]
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HURIWA asks court to gag govt officials Counsel warns against trial of Kanu, Igboho, Sowore The Indigenous People of Biafra (IPOB) has threatened a “weekly total lockdown” in the South East from August 9, 2021, should the Federal Government fail to release its leader, Nnamdi Kanu, unconditionally before August 8. IPOB’s Head of Directorate of […]
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With a split decision of four-to-three, the Supreme Court on Wednesday upheld the victory of Oluwarotimi Akeredolu of the All Progressives Congress (APC) in the Ondo State governorship election. The election held on October 10 last year. Four Justices on the panel, agreed that the petition incompetent, because the Chairman of the National Caretaker Committee […]
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United States lawmakers have halted the planned sale of arms worth $875 million to Nigeria over concerns about the President Muhammadu Buhari’s-led government’s human rights record. But security sources have said the Federal Government was not bothered by the stance of the US lawmakers saying Nigeria had complied with all necessary agreement indices reached on government-to-government […]
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The Federal Government and Twitter have begun talks toward lifting the suspension of the microblogging platform. A source in the Presidency confirmed the development. The source, who pleaded not to be named because he was not authorised to speak, said the suspension will be lifted when all the issues have been resolved. The source said: […]
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President Muhammadu Buhari has approved N8.5 billion for research in medical sciences and other specialty areas in 2021, under the National Research Fund (NRF) scheme funded by the Tertiary Education Trust Fund (TETFund). Executive Secretary of TETFund, Prof. Suleiman Bogoro, disclosed this, yesterday, at a three-day workshop for directors of research and development (R&D) of […]
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Spike in Lagos as Nigeria records 404 new cases, highest in four months PSN laments unacceptable vaccination gaps, warns of ‘deadly’ Delta variant FG: Nigeria facing multiple concurrent disease outbreaks The World Health Organisation (WHO), yesterday, raised the alarm that the global number of coronavirus (COVID-19) deaths during the previous week climbed by 21 per […]
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The naira has lost N17 to close at N522/$1 at the parallel market, a day after the Central Bank of Nigeria (CBN) stopped dollar allocation to 5,300 licensed Bureaux De Change (BDCs). The local currency, which exchanges at N410.16/$1 at the official market, had closed Tuesday at N505/$1 on the parallel market. A BDC trader […]
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