Tag Archives: reserves

The Senior Special Adviser to President Tinubu on Media and Publicity, Ajuri Ngelale, says former President, Muhammad Buhari was not aware of the depletion of Nigeria’s foreign reserves under the watch of former Central Bank Governor, Godwin Emefiele.   In a recent interview with TVC, Ngelale said Buhari did not …

Labour party presidential candidate in the 2023 presidential election, Peter Obi, has stated that the recent increment of monetary policy rate and cash reserves ratio announced by the Central Bank of Nigeria CBN some days ago will worsen the economic situation of most Nigerians.  Obi in a statement released on …

The State and National Appeal Court sitting in Lagos on Tuesday, November 7 reserved ruling in the appeal filed by the Labour Party and the Peoples Democratic party (PDP) against the re-election of Gov. Babajide Sanwo-Olu.   The Labour Party candidate,  Gbadebo Rhodes-Vivour and Abdulazeez Adediran of PDP, are challenging …

The Supreme Court has reserved judgment in the appeal by Atiku Abubakar and the Peoples Democratic Party (PDP) against the Sept. 6  judgment of the Presidential Election Petition Court which affirmed the victory of President Bola Tinubu in the presidential election.   It also reserved judgment in the appeal by …

The Nigerian National Petroleum Company (NNPC) Limited has warned Nigerians against panic buying stating that it has enough fuel reserves. The retail management of the NNPC in a statement on Thursday, October 19 said the queues recently being seen in parts of Lagos and Abuja are due to reduced Depot …

Amid his team’s poor performance in their ongoing Premier League campaign, Everton’s coach Frank Lampard was reportedly involved in a huge dressing room bust-up with his own players.   The Sun reported that the bust-up led to midfielder Abdoulaye Doucoure being forced to train on his own.    Doucoure was not …

Experts paint a gloomy picture, saying the government must reconsider its priorities from finding short-term solutions to more sustainable reforms. Islamabad, Pakistan – Pakistan’s foreign exchange reserves have fallen to $4.3bn, its lowest levels since February 2014, the country’s central bank announced after paying off some of Pakistan’s external debt …

Tinubu made the pledge at an interactive session on his vision for the Northern Region, organized by some Northern groups on Monday in Kaduna. According to him, there is abundant oil and gas in the Benue Trough, Chad Basin, and other prospective locations in the North. “These gas projects will …

The noise of the town had faded away and there was nothing on the horizon. No windmills, boats, islands or dikes. Ahead was the void of a glassy-calm lake that stretched for 270 sq miles around us. The landscape was static, empty, elemental. “We’re trying to wipe the slate clean …

An appeal court sitting in Kano state has reserved judgement in the trial of Yahaya Sharif-Aminu, the musician initially sentenced to death for blasphemy by a Shari’a court. Aminu was sentenced to death by hanging on August 10, 2020, after he was found guilty of committing blasphemy against Prophet Muhammad in …