Segun Toriola, who has been involved in six build ups to the Olympics Games, has lamented that the preparation for Rio 2016 is the worst ever he has experienced. Toriola, who at 42 is Africa’s most decorated table tennis player, will make history in Brazil as the first African athlete to feature in seven Olympic […]
Continue ReadingThe Xbox One — is a new generation of consoles from Microsoft. Its main competitors among game platforms of eighth generation are PlayStation 4 by Sony Computer Entertainment and Wii U by Nintendo. Among main Xbox One features we can mention the support of Kinect 2.0 and support of applications compatible with Windows operating systems, […]
Continue ReadingThe Federal Executive Council (FEC), on Wednesday, approved a new debt management strategy for 2016 to 2019. The approval was sequel to a memo presented to the council by the Finance Minister Kemi Adeosun, following the expiration of the previous debt management strategy in 2015. Adeosun, who spoke with the State House correspondents in Abuja, […]
Continue ReadingThe Central Bank of Nigeria (CBN), has introduced a new forex regime, one purely determined by market forces. Bellow is the full speech of the CBN governor, introducing Nigeria’s Flexible Exchange Rate Market. Re-introducing and Operationalizing Nigeria’s Flexible […]
Continue ReadingThe Central Bank of Nigeria (CBN) is suggesting that the new band for the naira, pending the direction of market forces, will be between 260 and 270 to the dollar. Godwin Emefiele, the CBN governor, had said the position of the naira will be driven by market forces, but in a new document uploaded by […]
Continue ReadingFormer minister of state for defence, Musiliu Obanikoro, has reacted to the raid of his residence by the Economic and Financial Crimes Commission (EFCC), saying members of the Peoples Democratic Party (PDP) are ready to be martyred if that will bring about good governance. Reacting via Twitter, the former minister, said that the Buhari government […]
Continue ReadingLovers and followers of the English Premier League (EPL), do not have to wait a long time before enjoying explosive matches in the 2016/17 season, as the league opens with a cracker. Fans will be thrilled to view Arsenal vs Liverpool at the Emirates Stadium, a match guaranteed to be the match of the week. […]
Continue ReadingOperatives of the Economic and Financial Crimes Commission (EFCC) on Tuesday stormed the Lagos residences of former Minister of State for Defence, Musiliu Obanikoro, carting away cars and other valuables. The two homes raided were the former minister’s private residence at Park View Estate and the house near Banana Island where his two sons, Jide […]
Continue ReadingThe national caretaker committee of the Peoples Democratic Party, PDP, who was appointed by the Port Harcourt convention, has reacted angrily to the invasion of the PDP National Secretariat by Ali Sheriff, saying Mr. Sheriff was being sponsored by the governing All Progressives Congress, APC, to scuttle PDP’s chance in the forthcoming governorship election in […]
Continue ReadingThe Central Bank of Nigeria (CBN) is set to release new foreign exchange guidelines on Wednesday, June 15, 2016.The apex bank made the announcement via its Twitter account on Tuesday night. In the tweet, the Bank said: “CBN set to release new Guidelines on flexibility in the Foreign Exchange Market structure on Wednesday, June 15, […]
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