CBN Reports a Depressed Manufacturing Sector In 2015

Data from the Central Bank of Nigeria, CBN, has indicated sluggish growth amidst adverse operating environment across manufacturing sector at year end 2015.

But the apex bank’s report shows non-manufacturing sector at steady growth during the same period.

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Alleged N400m Fraud: EFCC Files 7-Count Charge Against Metuh

The Economic and Financial Crimes Commission, EFCC, yesterday, preferred seven-count criminal charge against detained National Publicity Secretary of the Peoples Democratic Party, PDP, Mr. Olisa Metuh.

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Breaking News: Ibori Set To Return To Nigeria

James Ibori, the former governor of Delta state, is set to be released from prison in London, the UK, in 2016.

The Nation reports that Governor Ifeanyi Okowa and associates of his predecessor are preparing for his release from prison.

Ibori was jailed in 2012, two years after he was arrested by the Interpol in Dubai, the United Arab Emirate, where he was hiding after fleeing Nigeria.

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House Of Reps To Purchase 360 Vehicles For Members

The House of Representatives has announced plans to purchase 360 cars for its members, New Telegraph reports.

This was made known yesterday, Thursday 14, by the Chairman of the House Committee on Media and Public Affairs, Hon. Abdulrazaq Namdas (APC, Adamawa).

Namdas, who declined to disclose the amount to be spent on the cars, said: “The lower chamber would buy 360 cars for members to use for various committees’ activities as every lawmaker belongs to several committees.”

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Senate Summon CBN Boss As Naira Is Exchanged For 305 To One Dollar

The Senate on Thursday, January 14, summoned Godwin Emefiele, governor of the Central Bank of Nigeria (CBN) over the continuous devaluation of the Naira.

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(PHOTO) Goodluck Jonathan Makes History As He Wins Another International Award In Atlanta

Jonathan Makes History As He Wins Another International Award In Atlanta

 

In a rather amazing fashion, Nigeria’s former president, Goodluck Jonathan has made history with another international award in Atlanta, USA.

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