Central Bank of Nigeria
CENTRAL Bank of Nigeria (CBN), on Tuesday, July 17, 2018, injected the sum of $210 million into the inter-bank foreign exchange (forex) market.
The Bank offered $100million to authorised dealers in the wholesale segment of the market, while the Small and Medium Enterprises (SMEs) segment got the sum of $55 million, just as $55 million was also allocated for Invisibles such as tuition fees, medical payments and Basic Travel allowance (BTA).
THE Peoples Democratic Party (PDP) has vowed that no circumstance will push it to descend to vote to buy in any election, “no matter the machination of the All Progressives Congress (APC).”
According to a statement issued by Kola Ologbondiyan, its National Publicity Secretary, in Abuja on Tuesday, the main opposition party never bought any vote in the July 14, 2018 governorship election in Ekiti state “like the APC did and that the leadership of the party will never allow such practice under any guise.
THE Ekiti State House of Assembly has condemned and rejected the result of the July 14th 2018 governorship election as announced by the Independent National Electoral Commission (INEC).
The Leader of Business in the Assembly, Mr Akinyele Olatunji, who spoke at the House plenary in Ado Ekiti on Tuesday, claimed that the process leading to the election and its final result was “improper” and “unfortunate.”
This is just as the house has adjourned sitting for about three months to resume on October 8th, 2018.
Governor Ayodele Fayose
GOVERNOR Ayodele Fayose of Ekiti State, on Tuesday, made his first public appearance since last Saturday’s governorship election amid cheers from Ado Ekiti public as he paid the Ewi of Ado Ekiti, Oba Rufus Adeyemo Adejugbe, a visit.
Governor Fayose, who had to trek to the palace from Bisi Market “Oja Bisi” when the crowd became too heavy for driving, said he was at the palace to formally report to Oba Adejugbe “as the paramount ruler of Ado Ekiti, the state capital, that the Government House was invaded by the police.
The President of NECA, Mr Larry Ettah
THE Nigeria Employers’ Consultative Association (NECA) has expressed concerns over the rising cost of servicing debt and it described it as worrisome.
Speaking at the 61st Annual General Meeting (AGM) of the Association, the President, Mr Larry Ettah, stated that the national budget as recently passed showed that recurrent expenditure as a percentage of total federal government expenditure stands at a staggering 68.50 per cent, an increase from 68.27 per cent in 2017.
Former US President Barack Obama (2nd L), Graca Machel (L), widow of former South African president and global icon Nelson Mandela, and South African President Cyril Ramaphosa (R) dance as South-Africamn singer Thandiswa Mazwai (2nd R) performs during the 2018 Nelson Mandela Annual Lecture at the Wanderers cricket stadium in Johannesburg on July 17, 2018.
The Speaker of the House, Rt. Hon. Yakubu Dogara.Photo: Twitter/HouseNGR
The Speaker of House of Representatives, Mr Yakubu Dogara, said on Tuesday that the parliament would not continue to watch as confusion trailed the recovery of looted funds and assets.
Dogara made this known at a public hearing in Abuja organised by the House’s Joint Committees on Public Accounts and Finance on the need to ascertain the status of recovered funds and assets from 1999 to date.
The Lagos State University (LASU), on Tuesday said it had issued a query to an Associate Professor in its Department of Economics over alleged sexual assault of a student, and the case was already before a Joint Action Disciplinary Committee.
Mr Adekoya Martins, the University’s spokesman told the News Agency of Nigeria (NAN) in Lagos that the management of the institution had zero tolerance to such act.
A 28-year old man on Tuesday, narrowly escaped being lynched by angry mob over alleged sexual abuse with a yet-to-be identified male student at Fegge, Onitsha, Anambra State.
The suspected homosexual, identified as Anthony Esimoneze, was reportedly caught naked in the act with the student in a mechanic workshop in the area.
TribuneOnline reliably gathered that the suspects were sighted by a female food vendor who went to ease herself at a corner of the mechanic workshop.
ANGRY residents of Oro street, Benin yesterday trooped out to protest the death of a six year old boy who was swept away by flood water following a heavy downpour on Monday.
The protesters, mostly youths vowed to continue their street protest until the remains of the boy are recovered and given proper burial.
They chanted solidarity songs, blocking the busy Benin-Lagos expressway with bonfires and vandalized several sign boards of the Edo State Government.