Confidence
CBN: Naira to fall further in January
Barely five days to the end of the year 2020, the Central Bank of Nigeria has disclosed that a survey carried out by its Statistics Department revealed that the naira is expected to depreciate further in January 2021. The report, titled, ‘December 2020 Business Expectations Survey Report’ added that there might also be a steady rise in interest rate from December till the next six months. The naira witnessed a sharp fall in recent weeks, reaching its lowest on November 30, 2020, when it exchanged for N500/$1. Since then, the dollar has been hovering between N460 and N470. As of Friday, however, one dollar exchanged for 465 in the parallel market. Also, the Nigerian economy had on November 21 slid into its second recession in five years when the economy shrank again in the third quarter. Th...
Edo election: Comrade Shaibu warns Adams Oshiomhole not to subvert the people’s will
Edo State Deputy Governor, Rt. Hon. Comrade Philip Shaibu has urged a former Governor of the state, Comrade Adams Oshiomhole, not to subvert the will of the people and to jettison the plan to overturn the victory of Governor Godwin Obaseki at the September 2020 governorship election through the Judiciary. Shaibu during an empowerment programme for Afemai Youths in Ogbona and Jattu respectively at the weekend reaffirmed confidence in the judiciary and President Muhammadu Buhari to protect the nation’s democracy and the collective will of Edo people. The Deputy Governor said that Oshiomhole was instrumental to the Supreme Court victory of Governor Hope Uzodimma of Imo State and alleged he is ready to do the same to upturn the popular victory of Obaseki in Edo State. He said, “The Nigeria Jud...
Mohammed Gidado vows to lift Jigawa Golden Stars
Teenager Abubakar Mohammed Gidado has expressed his readiness to utilize every opportunity to showcase his talent and uplift Jigawa Golden Stars as the 2020/21 Nigeria Professional Football League (NPFL) gets underway. Tipped as one of the young talents to shine in the league this season, the 15-year old star is set to make his NPFL debut for the Northern club side against Sunshine Stars in their home game Kaduna in one of the opening Match Day 1 fixtures. “This is an opportunity for me to prove my talent in the league and to the world; I would be glad to give all my best for my club,” a confident Gidado said matter-of-factly. Snapped from Kingsgrant FC of Lagos, Gidado is delighted with the quality of players and standard in display at Jigawa Golden Stars which has helped him to settle do...
Bernd Leno: Arsenal ‘don’t have time’ to feel sorry for themselves
Arsenal goalkeeper Bernd Leno says there is no time for the players to feel sorry for themselves after an eighth Premier League defeat of the season ramped up the pressure on manager Mikel Arteta. Sunday is an unhappy first anniversary for the Gunners boss as he reflects on a 2-1 reverse at Everton that extended their winless run to seven league matches and left them just four points above the Premier League’s bottom three. “A lot of things are going wrong for us but we don’t have time to feel sorry for ourselves, we have to fight for every ball, for our team-mates,” said Leno. “Now the confidence is not at the top level but the only thing that can be said is we should stick together and come out of this situation.” The 28-year-old German said Arsenal showed a good attitude in the second h...
First Americans vaccinated as U.S. death toll passes 300,000
An intensive care unit nurse became the first person in the United States to receive the Pfizer/BioNTech COVID-19 vaccine on Monday, calling it a sign that “healing is coming,” as the U.S. coronavirus death toll crossed a staggering 300,000 lives lost. Sandra Lindsay, who has treated some of the sickest COVID-19 patients for months, was given the vaccine at Long Island Jewish Medical Center in the New York City borough of Queens, an early epicenter of the country’s COVID-19 outbreak, receiving applause on a livestream with New York Governor Andrew Cuomo. “It didn’t feel any different from taking any other vaccine,” Lindsay said. “I feel hopeful today, relieved. I feel like healing is coming. I hope this marks the beginning of the end of a very painful time in our history. “I want to instil...
Lagos governor inaugurates new LG service commission members
Lagos State Governor, Mr. Babajide Sanwo-Olu has charged chairman and members of the Local Government Service Commission to ensure that councils in Lagos have what it takes to provide satisfactory and effective public service at the grassroots level. He also charged them to see to a revamped local government service dedicated to accountability, efficient service delivery, grassroots transformation and rural socio-economic development. Speaking at the swearing in of the newly appointed Chairman and members of the Lagos State Local Government Service Commission, held at Lagos House, Ikeja on Monday, Sanwo-Olu said his administration is committed to ensuring that the electorate feel government’s impact in all the 20 local government councils and 37 Local Council Development Areas (LCDA) in th...
Governor Umahi: I supported President Buhari during 2019 poll
Gov. David Umahi of Ebonyi has admitted supporting President Muhammdau Buhari during the 2019 general election, even as a member of the Peoples Democratic Party (PDP). Umahi said this at the foundation laying ceremony of a housing project in his home town – Uburu on Monday. The governor said that his former party should not waste time in accusing him of giving the president 25 per cent votes during the election. “I preached it in the entire south east zone of the country, that the person who supports us is whom we will support. “I joined the APC for the president’s love for Ebonyi even if for no other reason. “My eyes are on the ball – on what will get to my people,” he said. Umahi said that he plans to submit a proposal for a channelisation work which will cut across the housing project, ...
India’s Serum Institute seeks approval for COVID-19 vaccine
The Serum Institute of India, the world’s largest vaccine producer by volume, has sought government approval for emergency-use authorisation of the coronavirus vaccine that it has developed in partnership with the University of Oxford and British drugmaker AstraZeneca. “As promised, before the end of 2020, @SerumInstIndia has applied for emergency use authorisation for the first made-in-India vaccine, COVISHIELD,” the company CEO Adar Poonawalla tweeted on Monday. The experimental vaccine can be stored at two to eight degrees Celsius and can be distributed more easily in India, which has the world’s second-highest number of infections at 9.6 million. The company has applied to the Drugs Controller General of India (DCGI), with Poonawalla saying the vaccine will “save countless lives” witho...
Lagos bye-election: Babatunde Gbadamosi’s rigging claims laughable – APC
The All Progressives Congress (APC) has described as laughable the claims by Babatunde Gbadamosi, candidate of the Peoples Democratic Party (PDP) that Saturday’s bye election for Lagos East senatorial district was rigged in favour of Tokunbo Abiru. Reacting to Gbadamosi’s claim, Seye Oladejo, the APC’s Publicity Secretary said the outcome of the election has put a lie to the fictitious opinion poll by the PDP which predicted victory for Gbadamosi. According to him, it is not surprised at the PDP candidate’s outburst having lost massively to APC in his ancestral hometown. While expressing confidence that Abiru will emerge victorious, he said the APC will help in resuscitating Gbadamosi’s political career He said “We’re not surprised by Gbadamosi’s reaction to the results of an election that...
Bayelsa bye-election: Senate is not a place for jokers – Senator Diri
Bayelsa State Governor, Douye Diri, on Saturday, says he is confident that his party’s candidates in the state’s senatorial bye-elections will win the two seats. He also said the Senate is not a place for jokers but qualified individuals. Speaking to newsmen after casting his vote at Sampou, his country home, the governor expressed confidence that the candidates of the Peoples Democratic Party were going to win the elections. Newsmen report that the Bayelsa bye-elections took place in the Bayelsa Central and West Senatorial Districts, vacated by him and the deputy, Lawrence Ewhrudjakpo. Diri said, “The candidates of PDP are incomparable. We fielded quality candidates and you can see the difference between the PDP candidates and particularly the other candidates. I don’t want to mention the...
Only good governance will silence social media criticism – NCC chair
The Chairman of the Nigerian Communications Commission (NCC), Professor Adeolu Akande, has said only good governance will silence social media from its criticism of government. Professor Akande said the agitation against the social media because of criticism of government through the medium will not stop such criticism, saying when government performs well, the social media is bound to respond positively. “When government performs well, the social media is abuzz with praises for the government. When government fails, the social media is abuzz with condemnation. The best way to silence the social media is to strive and do well,” he submitted. Professor Akande spoke as Guest Speaker at the Annual Lecture of the Nigerian Union of Journalists, Oyo State chapter in Ibadan Tuesday. Speaking on t...
Ex-HoS Winifred Oyo-Ita, others ask court to adjourn ‘N570 million fraud’ case indefinitely
Former Head of Service of the Federation, Mrs. Winifred Oyo-Ita, on Tuesday, urged the Federal High Court, Abuja, to adjourn her ongoing trial sine die over alleged Economic and Financial Crimes Commission (EFCC)’s abuse of court process. Also making the plea for the adjournment before Justice Taiwo Taiwo were the 7th, 8th and 9th defendants in the money laundering charges. Newsmen report that while Ubong Okon Effiok, his two companies; U & U Global Services Ltd and Prince Mega Logistics Ltd are 7th, 8th and 9th defendants respectively, Frontline Ace Global Services Ltd and Asanaya Projects Ltd are 2nd and 3rd defendants in the trial. Others in the case include Garba Umar, and his two companies; Slopes International Ltd and Gooddeal Investment Ltd as 4th, 5th and 6th defendants respect...
