CBN bans sale of forex to textile importers

The Central Bank of Nigeria (CBN) has directed commercial banks and bureaux de change operators to stop sale of forex for the import of textiles and clothing materials in the country. Godwin Emefiele, governor of the bank, announced this at a meeting with stakeholders in the cotton sector in Abuja on Tuesday. He said the[...]

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Kidnappers free footballer Samuel Kalu’s mother- police

Kidnappers have released the mother of Bordeaux and Nigeria winger Samuel Kalu after holding her for nearly a week, police in the country's southeast said on Tuesday. Ozuruonye Juliet Kalu was seized from her car on February 27 as she travelled to her home in Abia state. Reports said the kidnappers demanded some three million[...]

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Court grants Dino Melaye N5m bail in his on-going attempted suicide case

Newly re-elected senator representing Kogi South Senatorial zone, Senator Dino Melaye has been granted bail by an FCT High Court, sitting in the Apo area of Abuja to the tune of N5million bail bordering on attempted suicide.   He was arraigned on a six-count charge also in an attempt to escape from custody and damage police[...]

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Wizkid releases new single ‘Jah bless Me’ online

Popular Nigeria pop artist, Ayodeji Ibrahim Balogun a.k.a Wizkid has released a new single entitled “Jah Bless Me’’. The new song is now trending online, especially on YouTube. The song was released few hours after making a return to social media with a message on his Instagram page, alerting his fans that he had new[...]

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EFCC is probing Atiku’s son-in-law over €150m campaign funding

Economic and Financial Crimes Commission (EFCC) detectives are probing Abdullahi Babalele, ex-Vice President Atiku Abubakar’s son-in-law, for suspected laundering of about €150million (Euro). Babalele is in EFCC’s custody with his alleged accomplice, Mr. Uyi Giwa-Osagie, who had earlier been arrested by detectives. About €67, 950,000 of the suspected 150m Euro has been traced to the[...]

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Protests in Abuja over issuance of certificate of return to Buhari

Members of a group known as Occupy Nigeria yesterday protested at the Unity Fountain, Abuja. They demanded that the Independent National Electoral Commission (INEC) reverse the issuance of a certificate of return to President Muhammadu Buhari who was declared the winner of the recent presidential election.The protesters alleged that assessment by observers on ground during[...]

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Ex-CDS Badeh’s firm convicted in N3.9 billion fraud suit

The Federal High Court, Abuja has convicted Iyalikam Nigeria Limited, a company linked to the late Chief of Defence Staff (CDS), Air Chief Marshall Alex Badeh, of corruption and money laundering charges. Justice Okon Abang, in a judgment delivered yesterday in the suit against the deceased Air Force chief and the company, also ordered that[...]

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FG begins field level of Ogoni clean-up project

Minister of Environment, Suleiman Zarma, has said that the Federal Government has commenced the field level implementation of the Ogoni clean-up exercise in Niger Delta. Speaking yesterday at World Wildlife Day in Abuja, Zarma enthused that Niger Deltans would soon benefit from the project because of the exotic species of fishes in that environment.On completion,[...]

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Kourtney Kardashian poses completely naked to promote new business venture (photos)

Kourtney Kardashian announced her new business venture with a very racy picture on social media on Monday. The mother-of-three stripped naked to announce her new project Poosh, inspired by her daughter Penelope's nickname, on Instagram. The 39-year-old used a tea cup and strategically placed laptop to preserve her modesty while perched on a bathroom counter top with[...]

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Beverly Hills 90210 star Luke Perry dies aged 52

Luke Perry died on Monday, just five days after he was hospitalized following a massive stroke. The Beverly Hills 90210 star had been rushed to a California hospital on Wednesday morning from his home in Sherman Oaks, and remained there until his death. The actor, 52, is survived by his son Jack, 21, and daughter Sophie, 18,[...]

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Ex-NISSAN chief Ghosn granted bail in Tokyo

Former auto industry titan Carlos Ghosn moved a step closer to freedom Tuesday as a Tokyo court unexpectedly granted him bail after more than three months in detention. It was the latest twist in a case that has kept Japan and the business world gripped since the tycoon’s shock arrest on November 19 over suspicions[...]

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Nigeria overtakes Egypt as largest rice producer in Africa

Nigeria has overtaken Egypt as the largest rice producer in Africa. This was made known by the Director-General, Africa Rice Center, Benin Republic, Dr Harold Roy-Macauley. According to Roy-Macauley, Nigeria is now the largest rice producer at 4 million tonnes a year. Egypt was producing 4.3 tonnes annually but production has reduced by almost 40 percent this[...]

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