Naira

The Deputy Speaker of the House of Representatives, Yusuff Lasun disclosed, last week, that the National Assembly, would interrupt its annual recess and reconvene, sometime, this week, to consider an expenditure proposal for N242bn for conducting 2019 General Elections.

The All Progressives Congress (APC) on Sunday asked the opposition People’s Democratic Party (PDP) to explain to Nigerians how it fought corruption for the 16 years it held power when the national treasury was looted.

The party said the discovery has “not only exposed the shameless hypocrisy of the Buhari Presidency, but also stripped it of all integrity and brought its deceptive saintly posturing to a disgraceful end”.

Some Nigerians have decried the widespread circulation of mutilated Naira notes in the country and called on the Central Bank of Nigeria (CBN) to reverse the trend and ensure better management of the nation’s currencies.

The Naira on Wednesday lost one kobo to exchange at N358.4, weaker than N358.3 traded on Tuesday at the parallel market in Lagos, the News Agency of Nigeria (NAN) reports.

The Central Bank of Nigeria has injected 210 million dollars into the inter-bank Foreign Exchange Market to meet customers’ requests in various segments of the market.

A non-governmental organisation, Visioned Skills Development Centre, says it has concluded arrangements to issue grants to 21,000 entrepreneurs in Bayelsa State through the World Bank unemployment reduction scheme.

The Central Bank of Nigeria (CBN) has read the riot act to bank customers in the country as it expressed its readiness to prosecute any individual that abuses Naira notes henceforth.

Sen. Ahmed Ogembe (PDP-Kogi Central), on Tuesday, called on the Federal Government to wade in and address the incessant harassment and intimidation of members of the opposition party in Kogi State.

The Naira on Monday weakened marginally against the dollar at the parallel market, the News Agency of Nigeria reports.

The Spokesperson of the Peoples Democratic Party in Osun State, Sunday Bisi, has described as commendable the performance of Senator Ademola Adeleke as a Senator in the last one year, describing the Senator as ‘competent’ and committed to public service.

The Peoples Democratic Party (PDP) in Katsina State has admonished youths of the party to go on social media and expose what it described as the failings of the ruling All Progressives Congress (APC) under the leadership of President Muhammadu Buhari.

Nigeria must urgently consider privatising her redundant assets to raise the required funds to grow the economy and ensure stability, Vice Chairman, Technical Committee of the National Council on Privatisation, Ayo Teriba, said.

The Naira on Monday remained stable at the parallel market in Lagos exchanging at N358 to the dollar.

Alhaji Abdulrahman Yusuf, the chairman of Traders Association in Plateau, told newsmen in Jos that over 270 shops with properties worth millions of Naira were destroyed.

The Peoples Democratic Party (PDP) on Friday mocked President Muhammadu Buhari and the Federal Government over the proposed national carrier.

Mr Wale Ogunade, a constitutional lawyer and President, Voters Awareness Initiative, on says that Politicians took the act of vote-buying in Ekiti gubernatorial election to a higher dimension.

No fewer than 25 persons were reportedly killed, 90 houses destroyed, over 260 livestock confirmed dead, several people declared missing and properties worth millions of naira were destroyed, as flood wreak havoc in 10 communities of Jibia Local Government area of Katsina State Monday morning.