Naira now stands at 410.25 for a dollar with the adoption of the Nigerian Autonomous Foreign Exchange (NAFEX) rate — weakening by 8 percent. The adoption of NAFEX by the Central Bank of Nigeria (CBN) implies that the official exchange rate will be determined by the relatively flexible window. The CBN had introduced the I&E window in 2017 to improve foreign exchange market mechanisms, deepen market liquidity, and ensure prompt execution and settlement of all...
The Presidential Steering Committee (PSC) on COVID-19 has declared 90 travelers wanted. They wanted travelers included Nigerians and foreigners, who were described as dangers to public health. In a statement by the Chairman of the PSC and the Secretary to the Government of the Federation (SGF), Boss Mustapha, the Committee maintained that the 90 persons, who were currently at large, had violated the guidelines issued for travelers entering Nigeria from India, Turkey, and Brazil. After...
“Until this country undergoes a total overhaul of its governance system, nothing moves – not in north, south, east, or west,” ― Dr. Anthony Obi Ogbo For three days now or so, Nigeria’s political terrain has been stormy, but there was no natural weather condition. No, there was no rain. Last Tuesday, state governors from the southern part of the country, met in Asaba and issued a communique in which they demanded the immediate restructuring...
ABUJA — It was a black Friday for Nigerians when the news filtered that a Nigerian Air Force Beechcraft 350 with registration NGR203 from Abuja to Kaduna carrying Chief of Army Staff, Lieutenant-General Ibrahim Attahiru and others had crashed and no survivor of the ill-fated plane. The incident occurred around 6pm and those on board include principal officers, personal aides of the COAS and the crew. They are: Lt Gen I Attahiru, Brig Gen MI Abdulkadir,...
By John Campbell, Guest Columnist and Blogger The Nigerian government has launched Operation Restore Peace, designed to destroy the Indigenous People of Biafra (IPOB), a separatist group in support of independence for the former breakaway Republic of Biafra, and its security wing, the Eastern Security Network (ESN). According to Acting Inspector General of Police (IGP) Usman Baba, the security services are not to be constrained by human rights considerations. In comments reported in the Nigerian media, he said: “Don’t...
Chief of Army Staff, Lt General Ibrahim Attahiru has died in an air crash. General Attahiru died with his aides in a plane crash. According to military sources, the crash occurred today while on an official trip to Kaduna. Gen. Attahiru who was newly appointed chief of army staff on January 26, succeeding Tukur Buratai. He was 54. The presidency has already been briefed about the development. Meanwhile, the Nigerian Air Force has issued a...
ABUJA — State governors and the leadership of the Judiciary Staff Union of Nigeria (JUSUN) and Parliamentary Staff Association of Nigeria (PASAN) have signed an agreement on the modalities and deadlines for the commencement of full financial autonomy for the state judiciary and legislative arms of government. The deal was orchestrated by the committee on the implementation of financial autonomy for the state legislature and judiciary arms of government led by the Minister of Labour...
By John Campbell, Guest Columnist and Blogger Following President Muhammadu Buhari’s May 11 meeting with the military service chiefs and the inspector general of police, Nigerian military sources confirmed that some troops were being moved from Borno State, where they have been engaged with Boko Haram and other jihadis, to the South East, to counter “bandits” and the regional separatist organization, the Indigenous People of Biafra (IPOB), along with its security force, the Eastern Security Network (ESN)....
“Fulani elites who own the cattle should learn from the Igbo spare parts dealers and simply ranch their cattle.” ―Ebuka Onyekwelu Yesterday, two key members of the Buhari government went full throttle unleashing untold abuse of public sensibilities to already distressed citizens of Nigeria. No less than Inspector General Usman Bala who is the Acting Inspector General of Police, and Abubakar Malami, a Senior Advocate of Nigeria, and the Attorney General of the Federation and...
By John Campbell, Guest Columnist and Blogger The Western media is focused on the struggle between Israel and Hamas in Gaza, with searing images of the humanitarian disaster that is unfolding. Yet the magnitude is tiny compared to the humanitarian crisis in northern Nigeria. Total confirmed deaths number 239 in the current round of fighting between Hamas and the Israelis. In comparison, there have been at least 755 deaths since January 1, 2021 in northeastern Borno State, the...
