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  • Nigeria’s Central Bank Will Probably Hold Rate to Support Naira

    The Central Bank of Nigeria will probably keep its benchmark lending rate unchanged at a record high to bolster its foreign-currency reserves and support the naira after oil prices fell last month. The Monetary Policy Committee, led by Governor Lamido Sanusi, will hold ...

  • Achebe’s body arrives Abuja

    The remains of celebrated writer, Chinua Achebe arrived Abuja, the federal capital territory, Tuesday morning and wasreceived at the Nnamdi Azikiwe Airport by government officials, writers, cultural organisations and other ...

  • Military seeks civilian cooperation

    Abuja – The Chief of Defence Staff, Adm. Ola Ibrahim, on Monday in Abuja solicited the cooperation of the civilian population to ensure the success of military operations. Ibrahim, who made the call at the opening of a three-day Seminar on Civil-Military Relations and Counter-terrorism Strategy, noted that the cooperation was necessary to minimise friction. Ibrahim said, ';the ...

  • Nigeria IMF Okays PIB - Calls for Early Passage

    Global financial watchdog, the International Monetary Fund, IMF, has commended Nigeria's Petroleum Industry Bill, PIB, saying, it "would boost investment, government revenue, and fiscal transparency." The commendation was given in spite of varied criticisms by oil majors and other interest groups against some of the fiscal propositions in the bill. It was the first international ...

  • Ferguson wins managers’ award

    LONDON – Outgoing Manchester United manager Alex Ferguson heads into retirement with the Premier League manager of the year award. Ferguson picked up the League Manager Association’s honour on Monday. At the reception the 71-year-old said he was relieved celebrations to mark his retirement were over. ';It has been overwhelming,'; he told the awards dinner in London 24 ...

Movie Review

The Man in the Iron Mask

"The Man in the Iron Mask," based on the classic novel by Alexandre Dumas, is a well-made adventure film that doesn't have much adventure. It has a lot of beautiful French locations, a stunning A-list cast of actors, and technical merit oozing from every corner, but it never really grabs hold of you the way a good swashbuckling adventure should. Maybe it has something to do with the fact that the ... ...

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  • Shares you should buy

    By Babajide Komolafe There are many people out there who want to buy shares as investment but they are confused on what to buy. Though stockbrokers are supposed to advise people in this regard, many have however lost confidence in stockbrokers. From this week, we would be providing information that could help investors overcome some of these confusions. Last week's edition highlighted the ...

  • Jonathan Plots NGF Election in Villa

    President Goodluck Jonathan has perfected plans to coerce members of the Nigeria Governors' Forum (NGF) into conducting their election in the Aso Rock presidential villa, sources disclosed. It was also gathered last night that the president has allegedly dumped the rumoured choice of Katsina State governor, Ibrahim Shema, as a replacement for the erstwhile chairman of the forum and ...

  • Rainstorm Destroys Over 70 Houses in Katsina Adamawa

    Rainstorm has destroyed over 50 buildings in Tandama village in Danja Local Government Area of Katsina State and Adamawa while another rainstorm destroyed over 20 buildings in and around the Adamawa State Polytechnic. The News Agency of Nigeria (NAN) reports that the affected houses in Katsina include residential houses and public buildings like the court and schools. Alhaji Tijjani Lawal, the ...

  • Africa Visit - Again Obama Skips Nigeria

    United States president Barack Obama will not be visiting Nigeria as recently speculated in the media. Obama and his wife Michelle will only visit Senegal, South Africa and Tanzania between June 26 and July 3. A statement by the Office of the Press Secretary in the White House stated this yesterday while clarifying Obama's visit to Africa. A copy of the statement entitled "Statement ...

  • 21-Yr-Old Mother of Five Causes Stir Over Hunger

    Lagos - THERE was a mild drama at the premises of an Ikeja Magistrate Court, Monday, when a 21- year-old woman, Esther Odozi, a farmer, rolled on the ground and screamed that she and her children were at the verge of dying from hunger. Odozi, who said she lives in Owanta village in Ika North-East Local Government Area of Delta State, came to Lagos last week and because she didn't have ...

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