Nigeria news today headlines : Monday 24th August 2020
These are the Nigeria news today headlines updates from Nigerian newspaper .
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Starved Of Dollars, Investors Embrace Cryptocurrencies
LAGOS – Following the dwindling supply of dollars, which at the weekend sold N500/$ at the black market, some business owners have resorted to cryptocurrencies to buy the imports that are the bedrock Nigeria’s economy. With the price of oil, the country’s main export, depressed and foreign exchange reserves dropping, the central bank is holding …
No Talks Yet With Obasanjo, IBB, Others — NCFront
LAGOS – Newly formed pan-Nigeria political movement, the National Consultative Front (NCFront), said on Sunday that it had not enlisted the support of former President Olusegun Obasanjo, General Ibrahim Badamasi Babangida (rtd), and other former leaders in the coalition. There were reports that the NCFront is already in talks with Obasanjo, who led a similar …
Sanctions In Focus As West African Mediators Meet Mali Coup Leaders
Talks between Mali’s military junta and mediators from West Africa’s regional bloc were underway in Bamako on Sunday in an ongoing effort to return the country to civilian rule. The delegation from the Economic Community of West African States led by Nigeria’s former President Goodluck Jonathan, met junta leaders led by Colonel Assimi Goita behind …
Four Killed As IPOB, Security Operatives Clash In Enugu
ENUGU – No fewer than four people were confirmed dead while several others sustained injuries following a bloody clash between security agents and members of the Indigenous People of Biafra (IPOB) in Enugu on Sunday. It was learnt that two security men and two IPOB members lost their lives during the clash which broke out …
Worries Mount Over Pace Of LG Funds Probe In Kwara
ABUJA – Despite assurances by Governor AbdulRahman AbdulRazaq of Kwara State to speed up the probe of alleged diversion of local government funds under his watch, there is growing anxiety from operatives of the Economic and Financial Crimes Commission (EFCC), and concerned members of the state government administration over the pace of work on the …
Police Re-Arrest Alleged Serial Killer In Ibadan
IBADAN – The police command in Oyo State said it has rearrested Sunday Shodipe, the alleged serial killer who escaped from detention at an Ibadan police station. The spokesman of the Oyo State Police Command, Gbenga Fadeyi, confirmed the re-arrest of Shodipe to newsmen on Sunday. The 19-year-old suspect, accused of killing no fewer than …
SERAP Gives Buhari Ultimatum Over Controversial 2020 CAMA Act
LAGOS – The Socio-Economic Rights and Accountability Project (SERAP), a Lagos-based non-governmental organisation, has urged President Muhammadu Buhari to rescind his assent to the Companies and Allied Matters Act 2020 (CAMA 2020) and send the legislation back to the National Assembly to address its fundamental flaws by deleting the repressive provisions of the Act, particularly sections …
FG To Explore Nigeria’s Vast Bitumen Deposit In Road Constructions
Local and foreign investors with focus on the immense opportunities in the production of Bitumen in the country have received a boost with the Federal Government’s approval of investment in the local production of bitumen and other construction materials that are being imported currently for construction of roads across the country. The Federal Executive Council …
NCC: Driving Nigeria’s Digital Frontier Expansion
The liberalisation of Nigeria’s telecoms industry has greatly impacted the different sectors of our economy. We now have e-commerce, e-banking, e-agriculture, e-healthy, e-transportation, e-education, and so on. Indeed, it ushered in different players leveraging different technologies to offer services. Unarguably, the unprecedented growth recorded in Nigeria’s telecoms sector with a multiplier effect on other sectors …
Lai Mohammed And The Analogy Of The Headhunter
Alhaji Lai Mohammed is a brilliant man. Having encountered him severally in the course of journalism practice, it is clear to all that to have achieved all he has as a man is not a mere function of happenstance but a product of hard work and through the sweat of his brow. He has the …
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