Naira Watch – Dollar Glut, As Banks Fail to Gulp CBN’s $100m Offer

[Vanguard] The Central Bank of Nigeria (CBN) says authorized dealers were able to subscribe to $65.94 million out of the $100 million offered by it at the inter-bank wholesale transactions concluded yesterday indicating emergence of dollar glut in the …

[Vanguard] The Central Bank of Nigeria (CBN) says authorized dealers were able to subscribe to $65.94 million out of the $100 million offered by it at the inter-bank wholesale transactions concluded yesterday indicating emergence of dollar glut in the market.

source: AllAfrica News: Nigeria

Govt, States Incur N18 Trilliob Debt – NBS

[Vanguard] The Nigeria Bureau of Statistics (NBS), yesterday said that the total public debt of the Federal Government and the 36 states jumped by 43 per cent to N18 trillion in 2016.

[Vanguard] The Nigeria Bureau of Statistics (NBS), yesterday said that the total public debt of the Federal Government and the 36 states jumped by 43 per cent to N18 trillion in 2016.

source: AllAfrica News: Nigeria

Saraki Denies Rift With Presidency

[Vanguard] Senate President, Dr Bukola Saraki, said, yesterday, that what Nigerians called friction was normal in every democracy and denied any rift with the Presidency.

[Vanguard] Senate President, Dr Bukola Saraki, said, yesterday, that what Nigerians called friction was normal in every democracy and denied any rift with the Presidency.

source: AllAfrica News: Nigeria

Grass-Cutting Contract – Senate Vows to Resist Moves to Reinstate Lawal

[Vanguard] The Senate, yesterday, vowed to stop any move by powerful political forces within and outside government to reinstate suspended Secretary to Government of the Federation, SGF, David Babachir Lawal, as it considered the final report of the ad…

[Vanguard] The Senate, yesterday, vowed to stop any move by powerful political forces within and outside government to reinstate suspended Secretary to Government of the Federation, SGF, David Babachir Lawal, as it considered the final report of the adhoc Committee on Mounting Humanitarian Crisis in the North East, which indicted him.

source: AllAfrica News: Nigeria

Workers to Govt – We’re No Longer At Ease With Our Conditions

[Vanguard] The increasing challenge of unpaid salaries and other benefits, job insecurity, casualisation of workers, intimidation, among other unfair practices, confronting both public and private sectors’ workers in Nigeria is the manifestation of the…

[Vanguard] The increasing challenge of unpaid salaries and other benefits, job insecurity, casualisation of workers, intimidation, among other unfair practices, confronting both public and private sectors' workers in Nigeria is the manifestation of the dangerous trend in the world of work.

source: AllAfrica News: Nigeria

U.S. Dumps Aid to Grow Democracy In Favour of Health Projects

[East African] United States government assistance intended to grow democracy in the region has dropped in favour of health projects, resulting in a drop in its spending in the region by half — from $2.97 billion in 2015 to $1.55 billion last year.

[East African] United States government assistance intended to grow democracy in the region has dropped in favour of health projects, resulting in a drop in its spending in the region by half -- from $2.97 billion in 2015 to $1.55 billion last year.

source: AllAfrica News: Tanzania

SGF, NIA Boss – Osinbajo’s Committee Fails to Submit Report

[Vanguard] The Presidential Committee investigating the suspended Secretary to the Government of the Federation, Babachir Lawal, and Director-General of the Nigerian Intelligence Agency, NIA, Ayodele Oke, over allegations of corruption could not submit…

[Vanguard] The Presidential Committee investigating the suspended Secretary to the Government of the Federation, Babachir Lawal, and Director-General of the Nigerian Intelligence Agency, NIA, Ayodele Oke, over allegations of corruption could not submit its report, yesterday, because it is yet to conclude the exercise.

source: AllAfrica News: Nigeria

After Adesua Etomi & Banky W’s Engagement – Don Jazzy Named Bachelors’ President

[Vanguard] Fans went out of their way, yesterday, to call on Mavin Records boss, Don Jazzy, to find himself a wife, after RnB singer, Banky W, announced his engagement to adorable actress Adesua Etomi on his Instagram page.

[Vanguard] Fans went out of their way, yesterday, to call on Mavin Records boss, Don Jazzy, to find himself a wife, after RnB singer, Banky W, announced his engagement to adorable actress Adesua Etomi on his Instagram page.

source: AllAfrica News: Nigeria