Disparity
Private polytechnic owners set to clamp down on illegal operators
The National President of the Association of Private Polytechnic Founders/Rectors in Nigeria, Pastor Bassey James, has said that illegal school operators across the country would soon run out of business. He stated this in Uyo while briefing newsmen as part of the activities marking the maiden matriculation of Southern Atlantic Polytechnic, scheduled for Saturday, June 26, 2021. James mentioned that a total of 300 students would partake in the maiden matriculation ceremony of the Southern Atlantic Polytechnic, even as admissions were still ongoing in the institution. According to him, the association had written to both the national and state assemblies to inform them of the ugly incident even as he had met with some of the perpetrators of the illegal business and had given them a timeline...
Naira slides again at official market
Naira for the second day in a row fell against the U.S. dollar at the official market Wednesday, but managed a rebound at the parallel market, a day after hitting its lowest black-market rate in at least four years. Data on the FMDQ Security Exchange where forex is officially traded showed that the naira closed at N412.00 per $1 at the Nafex window. The local currency performance on Wednesday represents a N0.25 or 0.06 per cent decrease from N411.75 the rate it traded in the previous session on Tuesday. The trading session on Wednesday witnessed a forex turnover of $131.86 million, this translates to a 23.44 per cent depreciation from $172.24 million posted in the previous session on Tuesday. The domestic currency experienced an intraday low of N420.97 and a high of N400.00 before closing ...
Dua Lipa wins album of the year at Brit Awards
Dua Lipa won the coveted British Album of the Year prize at the Brit Awards on Tuesday, in a ceremony that saw female artists dominate the mixed categories. Around 4,000 guests streamed into London’s O2 Arena for the biggest night in British pop music, as the ceremony welcomed guests for the first time in two years as part of the government’s pilot scheme easing coronavirus restrictions. The Brit Awards have been criticised in the past for nominations seen as skewing heavily male, but this year almost all of the main prizes went to female artists. Little Mix won best British group — becoming the first female act ever to do so. Singer and poet Arlo Parks took the Breakthrough Artist award, and best international group went to the American band HAIM. In another history-making moment, Taylor ...
CDS: No disparity among security agencies
The Chief of Defence Staff (CDS), Lt. Gen. Lucky Irabor, Thursday said the insinuation that disparity exits among the security agencies in Nigeria is unfounded. The Army General said this during his visit with other Service Chiefs to the Nigerian Army 2 Division Headquarters, Ibadan. Other Service Chiefs on the trip included the Chief of Army Staff (COAS), Lt. Gen. Ibrahim Attahiru; Chief of Naval Staff, Vice Admiral Awwal Gambo; and Chief of Air Staff, Air Marshal Isiaka Amao. Irabor said the visit of the Service Chiefs to Ibadan was to demonstrate leadership by example, stating that the situation of the country demands that the armed forces work together. According to him, “The armed forces of today demands that every of the services work together given that the threat that we face requi...
2023: APC’ll win Delta if leaders are less cantankerous – Cairo Ojougboh
Immediate past Interim Executive Director of Project, EDP on the board of the Niger Delta Development Commission, NDDC, Dr Cairo Ojougboh, has said the All Progressives Congress, APC has a better prospect to win Delta State in 2023 if the leaders of the party could cooperate, began to be less cantankerous and do not match their ambition with hostility with other party members. Ojougboh who stated this while speaking on the sidelines of sensitisation of party members in Ika South on the registration/revalidation exercise of the party said the APC remained the most popular party in Delta but lamented that members have not been able to utilise such popularity to win elections over the years because of squabbles among leaders. Hear him: “APC is the most popular party in Delta State for a very ...
Nigerian government seeks new Eurobond
The federal government yesterday disclosed that it would approach the Eurobond market next year in its effort to shore up the economy, amidst cocktails of measures being put in place to douse the effects of the Covid-19 pandemic on the economy. On the same day, Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, while speaking at the 55th Annual Bankers Dinner organised by the Chartered Institute of Bankers of Nigeria (CIBN) in Lagos, predicted a two per cent growth in the country’s Gross Domestic Product (GDP) in 2021. Finance Minister, Zainab Ahmed, who disclosed the Eurobond plan while speaking on Bloomberg TV, explained that the decision would depend on the prevailing interest rates. She, however, did not specify the amount to be accessed from the Eurobond. The Eurobond option is ...
