Nigeria’s external reserves has suffered a massive decline to a 10-month-low as the Central Bank of Nigeria, CBN, increased funding of the foreign exchange market to stabilise the naira. The reserves have come under pressure amid falling revenues from crude oil prices due to industrial scale theft from pipelines and illegal exports as well as…
Frustrated, Borno State Governor Kashim Shettima was in Abuja yesterday to brief President Goodluck Jonathan on the latest attack by suspected Boko Haram members, admitting that the Islamist sect parades more sophisticated weapons and better motivated by their backers to continue to unleash terror on the North-East. The insurgents were reported to have killed over…
Work on the proposed N100 billion Second Niger Bridge is to commence next month. Already, ministry officials said that preparations were in top gear for President Goodluck Jonathan to perform the ground-breaking ceremony on March 15, for work by the concessionaire, Messrs Julius Berger and AIIM to start. Minister of Works, Mike Onolememen had hinted…
The scale of the tragedy that happened at Saturday’s reception for Governor Theodore Orji of Abia State,
Facts are beginning to emerge on why Chinedu, the son of Abia state governor, Chief T.A Orji allegedly orchestrated and masterminded the murder of his Personal Assistant, Mr. John Ndubuka inside the arena of his father’s campaign rallyAn impeccable source who works closely with the governor’s son told The City Reporters that what led to…
Fourteen communities which make up Kula Kingdom in Akuku-Toru Local Government Area of Rivers State have decried alleged plans by the government to sign a Memorandum of Understanding (MoU) with Shell Development Company of Nigeria (SPDC) to access the ecological fund of their kingdom. The communities’ monarch, led by the ruler of Opu-kula, Hope Opusingi, told…
The Yoruba in Kwara State Sunday demanded for boundary adjustment in Nigeria to eradicate the problems associated with minority group, citing Section 8 (2) of the 1999 Constitution.At a conference with theme “The Kwara State Yoruba and the National Conference”, organised by an umbrella socio/cultural organisation of all Yoruba of the South-Senatorial District of Kwara…
President Goodluck Jonathan has attributed the relative peace in the country to prayers offered by different religious faiths. The made the disclosure on Sunday at the Redeemed Christian Church of God, Olive Tree Parish, Ikoyi, Lagos, where he attended Church service. The service was attended by the General Overseer of the Church, Pastor Enoch Adeboye,…
National Leader of the All Progressives Congress (APC), Bola Tinubu, has said the party was formed so that Nigerians from all walks of life and social station will gather under one tent to develop the nation on the basis of equity and shared prosperity. Tinubu, who stated this on Saturday shortly after he was awarded an …
For 36 year-old Mrs Mercy Nnamdi, life can never be the same for her again, she was maimed with hot iron in Ago, Okota area of Lagos, over her husband’s allegation that she was sleeping with his father, life could never have been more cruel. I was fast asleep when I was woken up by…