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Home2016June

Month: June 2016

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Issues/Policy

Talking with the avengers By Paul Onomuakpokpo

June 16, 2016 Omoniyi Osadare 0

Although the struggle to halt the ecological degradation and wanton appropriation of the oil resources of the Niger Delta has resulted in the gristly end of agitators like Isaac Boro and Ken Saro-Wiwa at the […]

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Politics

A Bright Moment In History By Uthman Shodipe

June 16, 2016 Omoniyi Osadare 0

June 8, 1998. It was the day the tyrant fell, cut down by the great leveler; humbled by the eternal satirical truth that cannot be hindered by the flourish of the bayonet or dissuaded by […]

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Economy

NLC set to shut six banks for sacking workers ……. NATION

June 16, 2016 Omoniyi Osadare 0

The Nigeria Labour Congress (NLC) yesterday threatened to shut the six banks that sacked their workers. The umbrella union gave the affected banks two weeks’ ultimatum to recall the sacked workers and allow unionisation. The […]

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Politics

Mob storms PDP hqtrs …….. NATION

June 16, 2016 Omoniyi Osadare 1

The leadership crisis rocking the Peoples Democratic Party (PDP) escalated yesterday as an army of angry youths stormed the party’s headquarters. Armed with placards and leafy tree branches, the youths, who arrived at the secretariat […]

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Issues/Policy

Prosecution Lawyer’s Absence Stalls Dokpesi’s Trial …….. PUNCH

June 16, 2016 Omoniyi Osadare 0

The trial of businessman, Chief Raymond Dokpesi, and his firm, Daar Holding and Investment Limited, was again stalled before a Federal High Court in Abuja on Wednesday due to the absence of the prosecuting counsel, […]

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Issues/Policy

Retirees shut down Imo over six-year unpaid pensions ……. PUNCH

June 16, 2016 Omoniyi Osadare 0

Business and social activities came to a halt at Owerri, the Imo State capital, on Wednesday as hundreds of aged retirees defied the early morning downpour to protest against the non-payment of their pensions. The […]

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Health

UN: Coffee no longer deemed possible carcinogen ……. FOX

June 16, 2016 Omoniyi Osadare 1

The World Health Organization’s research arm has downgraded its classification of coffee as a possible carcinogen, declaring there isn’t enough proof to show a link to cancer. But the International Agency for Research on Cancer, […]

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Government

Buhari arrives in Nigeria today after 10-day medical trip …….. PUNCH

June 16, 2016 Omoniyi Osadare 0

Barring any last minute changes in plan, President Muhammadu Buhari is expected back in the country on Thursday (today) from London. Buhari had penultimate Monday commenced a 10-day holiday and proceeded to London on the […]

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Politics

Trump, GOP lawmakers open door to restricting gun buys for those on watch list …… FOX

June 16, 2016 Omoniyi Osadare 0

A congressional push to ban or restrict gun sales for those on terror watch lists gained bipartisan momentum Wednesday, with everyone from key Republican lawmakers to Donald Trump to the National Rifle Association opening the […]

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Issues/Policy

Gay American Muslims struggle with identity after Orlando massacre …….. REUTERS

June 16, 2016 Omoniyi Osadare 0

Qais Munhazim woke up on Sunday to reports that an Afghan-American gunman had rampaged through a gay nightclub in Orlando, Florida, in an attack apparently motivated by support for militant Islamist groups. Tearful and disconsolate, […]

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Banking

New Forex Regime To Kick Off At N260/$1 | TheCable

June 16, 2016 Omoniyi Osadare 0

The Central Bank of Nigeria (CBN) is suggesting that the new band for the naira, pending the direction of market forces, will be between 260 and 270 to the dollar. Godwin Emefiele, the CBN governor, […]

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Banking

Breaking: Finally, CBN Floats The Naira By Emma Ujah

June 16, 2016 Omoniyi Osadare 0

The Central Bank of Nigeria (CBN) Wednesday announced what it termed the “automatic adjustment mechanism of the exchange rate” in a flexible foreign exchange regime aimed at reducing the pressure on the Naira. CBN has […]

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Banking

13 Things To Know About Nigeria’s New Forex Policy | PremiumTimes

June 16, 2016 Omoniyi Osadare 0

The Central Bank of Nigeria, CBN, on Wednesday formally unveiled the much-awaited flexible foreign exchange policy that would allow the foreign exchange interbank trading window to be driven purely by market forces. The new policy […]

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CRIME

Obanikoro Dares FG To Extradite Him From US By Soni Daniel

June 16, 2016 Omoniyi Osadare 0

Abuja—A former Minister of State for Defence, Musiliu obaiObanikoro, yesterday, lashed out at the Nigerian government, a day after operatives of the Economic and Financial Crimes Commission raided his home and a property belonging to […]

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Government

Nigerian States Get 22 Conditions To Access Fresh N90billion Bailout | PremiumTimes

June 15, 2016 Omoniyi Osadare 1

The Federal Government has spelt out 22 stringent conditions Nigeria’s 36 states must fulfill to be eligible to draw from the N90billion set aside to bail out states facing severe financial difficulties. Most Nigerian states […]

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Economy

Lagos Oil, A Curse Or A Blessing? By Fajemisin Adeboye

June 15, 2016 Omoniyi Osadare 0

Just like the discovery of Texas’s Powell Field in 1901, Zuunbayan Oil Field in Mongolia in 1940, the Oloibiri Field by Shell in the Niger Delta region of Nigeria in 1956, and the Forties field […]

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Politics

The presidency and the power to impose travel ban By Rotimi Fasan

June 15, 2016 Omoniyi Osadare 0

IN one sense the news that President Muhammadu Buhari plans to impose travel restriction on Ayodele Fayose and Nyesom Wike, respectively governors of Ekiti and Rivers states, seems to have come from nowhere. It simply […]

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Sport

Stop shedding crocodile tears for Keshi! By Cosmas Odoemena

June 15, 2016 Omoniyi Osadare 2

As soon as the death of Stephen Okechukwu Chinedu Keshi was announced, those same “people” who hated his guts were among the first people who started mourning him, saturating the air with eulogies. The same […]

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Economy

Buharimeter, NASS and school feeding programme By Jide Ojo

June 15, 2016 Omoniyi Osadare 0

Thursday, June 9, 2016 is a day to remember in the annals of governance in Nigeria. On that day, three important events took place, all in Abuja. The first was the town hall meeting held […]

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Security

Again, a wake-up call for tolerance By Mohammed Haruna

June 15, 2016 Omoniyi Osadare 0

In the last two and a half weeks at least three well publicised incident of people taking laws into their hands have occurred which can only worsen fears that Nigeria is fast degenerating into a […]

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