Exchange Rates: BUY/SELL 1 USD=360/362 NGN, 1 GBP=503/508 NGN, 1 EURO=440/445 NGN

Daily Archives: December 22, 2017

Gov. Akeredolu presents N171bn budget to assembly

Gov. Akeredolu presents N171bn budget to assembly

Gov. Oluwarotimi Akeredolu of Ondo State on Friday presented an appropriation bill of N171 billion for the 2018 fiscal year to the state House of Assembly for scrutiny and approval. The estimates, christened “Budget of Progress”, earmarked N81.521 billion for recurrent expenditure and N68.096 for capital votes. He said it reflected the collective aspiration of the people of the state, ...

Read More »

FERMA identifies ‘critically’ damaged roads for repairs

FERMA identifies 'critically’ damaged roads for repairs

The Federal Roads Maintenance Agency (FERMA) says it has identified no fewer than ten critically damaged federal roads for urgent intervention in each state of the federation. The Acting Managing Director, Mr Nuruddeen Rafindadi disclosed this on Friday Abuja at his maiden media briefing since assumption of office in October. Rafindadi said that the agency was mandated to maintain and ...

Read More »

Police declare Badoo cult kingpin, Alaka wanted

Police declare Badoo cult kingpin, Alaka wanted

The Lagos State Police Command has declared a popular independent oil marketer and prime suspect of the Badoo cult killings in Ikorodu and Epe axis of the State, Alhaji Alaka Abayomi Kamal, wanted. The 51-year-old suspect, who is the owner of Alaka Petroleum, is wanted in connection with series of well-orchestrated killings and nefarious activities of the Badoo cult group. ...

Read More »

Latest FIFA ranking: No cause for alarm – Onigbinde

eagles2

Akinade Onigbinde, the Coach of FRSC Football Club of Abuja, says Nigeria’s drop in FIFA’s December ranking would not adversely affect the team’s performance before and during the World Cup. Onigbinde told newsmen on Friday in Abuja that the Super Eagles have already distinguished themselves as one of the best teams in the world. He said the Super Eagles did ...

Read More »

Arik Air resolves dispute with cabin crew

Arik

Arik Air on Friday confirmed that it had resolved its dispute with its workers who earlier embarked on strike. The airline made the confirmation in a statement signed by its Communications Manager, Mr Ola Adebanji, in Lagos. Adebanji said the work-to-rule action by its cabin crew disrupted the airline’s flights out of Lagos for some hours. “The dispute has been ...

Read More »

IGP bars SARS operatives from stop and search duties on roads

IGP bars SARS operatives from stop and search duties on roads

The Inspector General of Police, Ibrahim Idris, has barred operatives of the controversial Police Special Anti-Robbery Squad, SARS, from conducting stop and search on roads. He also stopped them from acting as bodyguards to prominent Nigerians just as he warned them against further delving into civil matters including land disputes, personal disputes, debt collection and all matters considered civil. Besides, ...

Read More »

Fayemi denies comment on ‘increasing pump price to N250’

Fayemi denies comment on ‘increasing pump price to N250’

The Minister of Mines and Steel Development, Dr Kayode Fayemi, has denied a statement being circulated on the social media in which he was quoted as justifying the current fuel scarcity. The Minister was said to have made the comment in an interview with WE FM 106.3.. He was quoted as saying : “Don’t mind Fayose, he is a noisemaker, ...

Read More »