By Abimbola Ogunnaike A review of foreign exchange trading in the past four weeks shows that Naira is on the ascendancy as it gained N234.01 and N340 against the US Dollar at the official and parallel foreign exchange market. In the latest FMDQ data, it indicated that Naira traded for 1,431.49 per USD on Friday, March 22, compared to N1,665.50 on February 23, 2024. This represents a N234.01 gain in the past four weeks. Similarly, the Naira gained N340 against the USD in the parallel market. This is as Naira exchanged at N1,460 per USD on Friday, March 22, compared…
Author: Olamide Obayemi
By Abimbola Ogunnaike In a show of philosophy of religious tolerance among his subjects, the Emir of Jama’a in Kaduna State, Alhaji Muhammad Isa Muhammad II, recently hosted Muslims and Christians to Iftar (breaking of fast), at his palace in Kafanchan, Jema’a Local Government headquarters of the state. During the event, the emir said the get-together was intended to further strengthen the existing peaceful coexistence among those in the emirate. The state Commissioner of Kafanchan Nuncio Authority, Mrs. Phoebe Sukai Yayi, emphasized the role of peace in driving development. Sukai Yayi noted the relative peace in southern part of the…
By Abimbola Ogunnaike Pope Francis on Sunday, 24 March, 2024, sent prayers to the victims of the concert hall attack in Moscow, calling the violence “inhuman acts” that offended God. “I assure my prayers for the victims of the cowardly terrorist attack carried out the other evening in Moscow,” said the 87-year-old pope, following a Palm Sunday mass in Saint Peter’s Square. “May the Lord welcome them in his peace and comfort their families, and convert the hearts of those… who organise and carry out these inhuman actions which offend God, who commanded ‘Thou shalt not kill’” The pontiff presided…
By Abimbola Ogunnaike As a result of the challenging times such as economic hardship and security challenges the country is facing, President Bola Tinubu has called on his friends and associates not to organise any events to celebrate his birthday but instead use the opportunity to reflect and re-dedicate themselves to the task of building. Tinubu said he has opted for a low key 72 birthday celebrations which will come up on Friday, 29 March, 2024. The President, in a statement on Sunday, 24 March, 2024 by his Special Adviser, Media and Information Strategy, Bayo Onanuga, noted the recent killings…
By Abimbola Ogunnaike Yobe State Police Command has confirmed that suspected terrorists about midnight of Saturday, 23 March, 2024, attacked a military base in Gujba town, Gujba Local Government Area of Yobe State, killing a soldier. Yobe State Police Command’s spokesman, DSP Dungus Abdulkarim, who confirmed the attack on Sunday, 24 March, 2024 to an online medium, said a military patrol vehicle was also torched by the suspected terrorists. “The only thing I can confirm to you now is the attack. A soldier was killed, and troops and CJTF engaged the suspected terrorists,” he said. According to sources, that the…
By Abimbola Ogunnaike President Bola Tinubu has vowed that his administration will ensure that schools become safer and secure for teaching and learning. Tinubu made the vow through a statement issued by Ajuri Ngelale, Special Adviser to the President on Media and Publicity, on Sunday, 24 March, 2024 in Abuja, Nigeria’s seat of power According to Ngelale, he said that the President reiterated the pledge when he received the news of the release of the Kuriga schoolchildren in Kaduna State. Recall that gunmen on March 7 abducted 137 pupils and teachers at Local Government Education Authority Teachers Primary School, Kuriga,…
By Abimbola Ogunnaike The Police Service Commission (PSC) has called for sanctions against the Commissioners of Police in Imo and Delta States over killings of some police officers. According to the commission, the killings in some states had become worrisome while calling on the Inspector-General of Police, Kayode Egbetokun, to take another look at the capacity of CPs in state commands. Recall that at least six officers of the Nigeria Police Force were killed a few days ago in an ambush that happened in Ohoro Forest, Ughelli North Local Government Area (LGA) of Delta, while six other officers were declared…
By Enitan Olukotun Senator Mukhail Adetokunbo Abiru, the Chairman, Senate Committee on Banking, Insurance and other Financial Institutions in the 10th Senate and the Senator representing Lagos East Senatorial district is a man of extraordinary passion for the development of his people, his pursuit of excellence has driven him to a point where nothing but the best is good enough for him. Before his sojourn at the Red Chamber, Tokunbo Abiru had carved out a stellar career in banking, ascending to the pinnacle of his career as the Managing Director of Polaris Bank. He retired in 2020 after lifting Polaris…
In the spirit of the Easter celebration and the ongoing Ramadan, the Ogun State government on Sunday continues its palliative distribution across the three senatorial districts of the state to cushion the effect of the current economic challenges on the people. It was the turn of Christians as the palliative got to many churches, while some mosques also benefited from the gesture, an initiative of Governor Dapo Abiodun, on Friday. The palliative, which included rice, were shared in churches and mosques in the three senatorial districts on Sunday and Friday. In Ogun Central Senatorial District, the gift was extended to…
The Indigenous People of Biafra (IPOB) on Sunday called on the Defence Headquarters to direct its energy to Finland-based legal practitioner, Simon Ekpa who has been terrorising the South East with violence. IPOB was reacting to the declaration of its Head, Directorate of State, Mazi Chika Edoziem as a wanted person by the Nigerian Defence Headquarters. But in his response to the declaration, Sir Ifeanyi Ejiofor, Lead Counsel for IPOB and its leader, Mazi Nnamdi Kanu, in a statement, said he would proceed to court to challenge the declaration. He said, “I have been inundated with calls and messages from…