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Thursday, 27 November 2014

Tragedy: Kerosene Explosion Kills Teenager, Injures Two Others In Benin

An explosion suspected to have been caused by adulterated kerosene has killed a 15 year-old boy and injured two others at Ukpebo Street, off Textile Mill Road in Benin, the Edo State capital. The explosion, which occurred at about 2:30am on Thursday, left a 31 year-old mother of three, Mrs. Loveth Ode, her two year-old son, Wisdom, and her relative, Alfred Omonefe, with varying degrees of burns. One...

Avram Grant Confirmed As The New Head Coach Of Ghana By GFA

Former Chelsea manager, Avram Grant, has been confirmed as the new head coach of Ghana's senior national team, the Black Stars. The appointment was confirmed at a press conference by the Ghana Football Association (GFA) on Thursday by the association's president, Kwesi Nyantakyi. The GFA had already announced that Grant would be given the job, subject to the agreement of personal terms. However,...

N200 Billion University Funding: ASUU Denies Receiving Money From Federal Government

The Academic Staff Union of Universities, ASUU, said on Wednesday that no government–owned university had received funding from the N200 billion earmarked for revitalizing the university education in 2014, one year after it reached an agreement with the federal government on the matter. Chairman of Nnamdi Azikiwe University branch of ASUU, Dennis Aribidor, who spoke in Awka, as part of activities...

Devaluation First Victims? Banks In Nigeria Face Losses On Borrowed Funds

Deposit Money Banks that have obtained foreign loans running into hundreds of millions of dollars face record losses on the loans following the devaluation of the naira by the Central Bank of Nigeria on Tuesday. According to top banking sources, Eurobonds and other dollar-denominated loans obtained mostly from international capital markets and not hedged may make some banks to record foreign exchange...

Are They Fooling Nigerians? PDP Screens President Jonathan Under One Hour

The Peoples Democratic Party on Wednesday screened President Goodluck Jonathan and Dr. Abdul-Jhalil Tafawa- Balewa for the party's primary for the 2015 presidential race. President Jonathan, who was first to arrive the national headquarters of the party in Abuja where the screening took place, came with his deputy, Namadi Sambo; some ministers and a few of his aides. Also in the entourage were the...

Wednesday, 26 November 2014

Part-Time Job From TalkAfrica Nigeria Branch

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Lawmakers To Begin Impeachment Proceedings Against President Jonathan Next Week

As plot to impeach President Goodluck Jonathan thickens, members of the House of Representatives have listed no fewer than 50 impeachable offences against him. The lawmakers are on the same line with their Senate counterparts, who are calling for the removal of President Jonathan. Findings by Vanguard revealed that the lawmakers would commence impeachment process against the President immediately...

The Worst Has Happened: CBN Devalues Naira, Now Sells At 168 Per Us Dollar

The Monetary Policy Committee of the Central Bank of Nigeria on Tuesday bowed to pressure by devaluing the naira from N155 to N168 to the US dollar. The MPC tightened the apex bank's monetary policy by allowing some flexibilities in the exchange rate to stem speculative activities and depletion of reserves. The announcement was made by the CBN Governor, Mr. Godwin Emefiele, while briefing journalists...

Insurgency: Senators Grill Service Chiefs For Eight Hours

The Senate on Tuesday held a closed-door meeting with the service chiefs for about eight hours over the insurgency situation in the north-eastern states of Adamawa, Borno and Yobe. Those in attendance were Chief of Air Staff, Air Vice Marshall Adesola Amosu; Chief of Army Staff, Lt. Gen. Kenneth Minimah; and the Director of the Department of State Service, Mr. Ekpeyong Ita. The Senate spokesperson,...

In defense of MURIC: #Bring back our Ajami, By Abdulbaqi

The recent changes on 100 naira note has continue to generate reactions and counter reactions - with the latest coming from the Presidency demanding apologies from muslim rights congress (MURIC). It will be recalled that on 24 of november this month, MURIC released out a very strong statement about how the Hausa- Arabic (Ajami) writing of "Naira Dari" was changed with a jewish symbol on the proposed...

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