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Showing posts from June, 2021

PDP Oredo Ward 9 meeting held Wednesday in Benin city.

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Court Blocks Buhari, FG From Arresting Nigerians Over Twitter Use Dailyadvent12h

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BREAKING: ECOWAS court blocks Buhari, FG from arresting Nigerians over Twitter Use The ECOWAS Court of Justice in Abuja in a landmark ruling today “restrained the government of President Muhammadu Buhari and its agents from unlawfully imposing sanctions or doing anything whatsoever to harass, intimidate, arrest or prosecute Twitter and/or any other social media service provider(s), media houses, radio and television broadcast stations, the Plaintiffs and other Nigerians who are Twitter users, pending the hearing and determination of this suit.” The ruling followed the suit filed against the government by Socio-Economic Rights and Accountability Project (SERAP) and 176 concerned Nigerians arguing that “the unlawful suspension of Twitter in Nigeria, criminalization of Nigerians and other people using Twitter have escalated repression of human rights and unlawfully restricted the rights of Nigerians and other people to freedom of expression, access to information, and media freedom in the

We notified Buhari of our meeting, says Obasanjo

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National   We notified Buhari of our meeting, says Obasanjo By Sodiq Omolaoye, Abuja 12 June 2021   |   3:31 am Obasanjo Contrary to speculations in some quarters, President Muhammadu Buhari was informed about the June 10, 2021, meeting of some eminent Nigerians under the aegis of the Committee for the Goodness of Nigeria (CGN). According to former President Olusegun Obasanjo, who was one of the conveners of the meeting, members of the group agreed to formally present their resolutions to President Buhari before making it public, stressing that the President was notified of the coalition and its agenda prior to the meeting. The former President spoke yesterday in Abuja, just before he left his hotel room at the Transcorp Hilton. Giving some insights into what the CGN discussed, the former Nigerian leader said the Thursday meeting was majorly on issues “concerning security, economy, welfare, well being and unity and progress of Nigeria.” His words: “We are made up of former

SEPLAT PETROLEUM...

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https://nairametrics.com/2021/06/20/seplat-petroleum-development-company-changes-name-to-seplat-energy-plc/

Naira losing strength as ex-CBN director faults new FX measures

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Business   |   Business News    By Geoff Iyatse |   21 June 2021   |   3:08 am   A man exchanges Nigeria’s currency Naira for US dollars in Lagos, Nigeria, on April 19, 2021. (Photo by PIUS UTOMI EKPEI / AFP) The naira is losing its resistance against the dollar a few days after it gained some margin at the parallel market. At the weekend, the naira retreated to about N498/$ at the black market from 490/$ it sold on Thursday. The momentary gain for the local currency came after the Central Bank of Nigeria (CBN) mandated the money deposit banks (MDBs) to sell to end-users for personal travel allowance (PTA). Following the directive, banks have intensified campaigns on forex businesses while resurging dollar retreated momentarily. Dollar had exceeded N500/$ as speculators took over the market before the CBN’s intervention. A former deputy director of the apex bank, Stan Ukeje, warned that the racketeers might have hijacked the CBN’s gesture and that it was not sustainable. He observed th