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Home2016June

Month: June 2016

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Banking

Banking Stocks Tumble As Investors Lose N684b In 10hrs | TheNation

June 2, 2016 Omoniyi Osadare 0

Nigerian equities yesterday came under intense pressure, piling up a net loss of about N684 billion within the 10-hour trading sessions in the past two days. Against the background of N425 billion on Tuesday, aggregate […]

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Issues/Policy

Buhari Cancels Trip To Rivers For Ogoni Cleanup | PremiumTimes

June 2, 2016 Omoniyi Osadare 0

The planned trip of President Muhammadu Buhari to Rivers State to launch the cleanup of Ogoni land, polluted by years of oil exploration and production, has been cancelled. Multiple sources at the presidential villa told […]

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Security

Pro-Biafra protests ……. NATION

June 2, 2016 Omoniyi Osadare 0

•Government must probe the incidents with a view to averting a recurrence The recent bloody-clash between our security agencies and those celebrating the 50th anniversary of the declaration of the ill-fated Biafra Republic does not […]

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Economy

Devalue To Scrap The Naira – Part 1 By Raphael Okunmuyide

June 2, 2016 Omoniyi Osadare 0

Victor Odozi’s four-part serial on “Rescuing and defending the Naira” (The Guardian, May 23-26, 16) was quite interesting. But it fell very short on the key reason for the Naira’s beleagured condition by excluding the […]

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Economy

Lose weight or die soon By Ochereome Nnanna

June 2, 2016 Omoniyi Osadare 0

THE chicken has come home to roost. It is time to end the tomfoolery or else… For more than forty years, state governors have gathered in Lagos (when it was still the Federal capital) and […]

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Society

Dambazau’s bigotry By Paul Onomuakpokpo

June 2, 2016 Omoniyi Osadare 0

With people like Abdulrahman Bello Dambazau in the government of President Muhammadu Buhari, it is no wonder why the much-touted quest for positive change has remained a mirage. If Dambazau who is the Minister of […]

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Politics

Jesus wept, Buhari laughs By Abimbola Adelakun

June 2, 2016 Omoniyi Osadare 0

The shortest verse in the King James Version of the Bible states “Jesus Wept.” The terseness of this verse gives it impetus; driving scholars to inquire the text for deeper and complex meaning such an […]

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Politics

The personal change that Buhari needs By Niran Adedokun

June 2, 2016 Omoniyi Osadare 0

I do not think that anyone or thing has done as much disservice to President Muhammadu Buhari as the interview published in a number of newspapers this last weekend. The interview was supposed to be […]

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Security

The Avengers’ angst By Lawal Ogienagbon

June 2, 2016 Omoniyi Osadare 1

OF all things, militancy should be the last to occupy our minds right now; but it has crept back stealthily to the front burner. Many thought that it was dead and buried following the amnesty granted […]

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Economy

The CBN adopts a flexible exchange rate adjustment strategy By Dapo Fafowora

June 2, 2016 Omoniyi Osadare 1

Last week, the Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, announced that instead of the fixed exchange rate strategy the CBN had decided to adopt a more ‘flexible exchange rate policy’ […]

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Security

Appeal to Ijaw youths By Jide Oluwajuyitan

June 2, 2016 Omoniyi Osadare 1

Niger Delta Avengers, citing the unfair allocation of oil blocks as part of their major grievances blew up Nembe Brass to Bonny trunk line belonging to Agip and Shell about last Saturday. This is the […]

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CRIME

Fake ASP forges police documents, recruitment forms ……. PUNCH

June 2, 2016 Omoniyi Osadare 0

The Lagos State Police Command has arrested a fake Assistant Superintendent of Police, Abdulrasak Sani. The 32-year-old was alleged to have forged the police letterheads, identity card and recruitment forms, which he gave to members […]

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Economy

Shell laments significant decline in production …….. NATION

June 2, 2016 Omoniyi Osadare 0

Shell’s Nigerian country chair Osagie Okunbor has said recent attacks by militants in the country had contributed to a “significant decline” in production levels. A number of companies oil sites have been attacked by the […]

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Politics

Buhari in Rivers for Ogoni clean-up ……. NATION

June 2, 2016 Omoniyi Osadare 0

President Muhammadu Buhari will today visit Rivers State to inaugurate the clean-up of the Ogoni land ravaged by oil spill and production degradation. The clean-up will be inaugurated at Numuu-Tekuru Waterfront in Bodo-Ogoni, Gokana local […]

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Economy

Banking stocks tumble as investors lose N684b in 10hrs …….. NATION

June 2, 2016 Omoniyi Osadare 0

Nigerian equities yesterday came under intense pressure, piling up a net loss of about N684 billion within the 10-hour trading sessions in the past two days. Against the background of N425 billion on Tuesday, aggregate […]

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Politics

BoT takes over PDP secretariat ……. PUNCH

June 2, 2016 Omoniyi Osadare 0

The Senator Walid Jibrin-led Board of Trustees of the Peoples Democratic Party on Wednesday took over the day-to-day running of the party. The Chairman of the BoT, Jibrin, announced this at a meeting with the […]

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Government

Jonathan back in Nigeria ……… PUNCH

June 2, 2016 Omoniyi Osadare 0

Former President Goodluck Jonathan on Wednesday returned to Nigeria  after  a month’s trip to the United Kingdom and Côte d’Ivoire. It was gathered that the former President arrived at the Port Harcourt International Airport on […]

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Video

Ecobank Nigeria fires 1,040 workers ………. PUNCH

June 2, 2016 Omoniyi Osadare 0

The gale of job losses being witnessed in the country due to the current economic hardship has caught up with Ecobank Nigeria, which has sacked over 1,040 of its employees. The PUNCH reported on Tuesday […]

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Politics

Battling to hold off Sanders, Democrat Clinton to assail Trump on foreign policy …….. REUTERS

June 2, 2016 Omoniyi Osadare 0

Democratic presidential front-runner Hillary Clinton’s campaign on Wednesday signaled plans for a big assault on Republican Donald Trump, even as she battles to hold off rival Bernie Sanders in California. Clinton, a former secretary of […]

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Sport

Trump blasts PGA Tour for plan to move golf tournament to Mexico …….. REUTERS

June 2, 2016 Omoniyi Osadare 0

Republican presidential candidate Donald Trump, a golf resort developer who has railed against Mexico in the 2016 campaign, lost an important golf tournament to that country on Wednesday when the PGA Tour said it would […]

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