Central bank injects $210 million into currency market

Nigeria’s central bank said on Monday it had injected $210 million into the interbank foreign exchange market, part of an effort to improve liquidity and alleviate the dollar shortages of the past few years.

Trump order to keep Guantanamo open ‘sheer stupidity’

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Donald Trump confirmed this week that he would keep the Guantanamo Bay detention facility open, a move experts say is unsurprising yet will likely mean that several dozen remaining detainees will not be able to leave the infamous prison.

Saudi’s Prince Alwaleed released from detention

Saudi Arabian billionaire Prince Alwaleed bin Talal has been released from detention, family sources told Reuters.
His release on Saturday came more than two months after he was taken into custody in the kingdom’s sweeping crackdown on corruption.

Hackers steal $400 million from cryptocurrency exchange

One of Japan’s largest cryptocurrency exchanges has revealed that it’s lost nearly $400 million in a security breach.

Soldiers, FRSC clash over road block in Cross River

Soldiers and officials of the Federal Road Safety Corps (FRSC) clashed on Thursday morning over road block mounted by men of the FRSC along Pamol in Odukpani local government area in Cross River State.

It was gathered that the men of the FRSC mounted road blocks with a view to arresting motorists who have no complete vehicle particulars as

Dozens killed in fire at Korean hospital

At least 41 people have been killed and more than 70 injured in a fire at a hospital in southern South Korea.
The fire started on Friday morning at around 7:30am local time in the emergency room on the first floor of Sejong Hospital, Miryang, some 400km from the capital Seoul.

US presidency not for me – Oprah Winfrey

Chat show icon Oprah Winfrey has brushed off speculation she might run for US president in 2020, saying in an interview published Thursday she lacks “the DNA for it.”

Expect serious famine in Nigeria, UN warns

The United Nations is warning that Nigeria is seriously on the verge of a famine that is worse than that ever seen anywhere in the world, according to a report by Sky News.

The report attributed to UN’s assistant Secretary-General Toby Lanzer said currently, about a quarter of a million children in the north-eastern part of Nigeria are severely malnourished

The UN says Nigeria could witness serious famine
While this is so, millions of other children are supposedly starving in refugee camps ‘that are too dangerous for aid agencies to reach.’

“Nigeria is already economically struggling – it is in a recession for the first time in more than a decade, inflation is at an 11-year high and oil, which makes up 70 percent of the government’s revenue, is still suffering from a slump

“For the country’s north eastern region, however, things are made worse by Islamic militants Boko Haram, who have disrupted trade and farming in the region and are also hostile to western medicine,” the report said.


According to Mr Lanzer, “we will see, I think, a famine unlike any we have ever seen anywhere” if nothing urgent was done.

There are around a million people in Maiduguri’s camps – most of them fleeing the reach of the terrorist group – and many of them are also struggling with hunger.


There had been several reports that food and other materials meant for the displaced persons in camps are stolen by government officials deployed to care for them.

The government is currently investigating this claim.

Meanwhile, the Bill and Melinda Gates Foundation has revealed that it was funding six agricultural commodities value chains with emphasis on rice production.

Stop questioning Obama’s nationality, Clinton tells Trump

Washington – Presidential nominee, Hillary Clinton, on Friday called on her rival of the Republican Party, Donald Trump, to repudiate his own history of questioning President Barack Obama’s nationality.

Nigerian Woman Rescued From The Mediterranean With Her Children Claimed They Escaped From Boko Haram Attack

Jane, a Nigerian woman rescued from the Mediterranean Sea along with her children and other African migrants yesterday, claimed she fled from Boko Haram attack.

Suspects In Court For Having Links With 3 Women Who Attacked A Police Station Over The Weekend (Photo)

Three suspects who have been arrested in connection with a weekend attack on a police station in Kenya’s coastal city of Mombasa have made a brief court appearance.

As Nigeria faces its worst economic crisis in decades, the immediate past Finance Minister, Ngozi Okonjo-Iweala has aired her views on how the President Buhari-led federal government can revive the economy.

Kenyan officers kill three veiled attackers in assault on police station

A member of a bomb disposal team at the scene of the attack. STR/AP

Africa

Mombasa, Kenya (CNN) — Three veiledwomen were killed by Kenyan police after they launched an attack Sunday on a police station in the port city of Mombasa, a local commander said.

Nigeria spends N596bn on fuel import in six months

Nigeria, in spite of the declining economic fortunes, spent N595.5 billion on the importation of fuel in the first six months of 2016, rising by N34.3 billion from the amount spent in the last six months of 2015.

Clinton's bout ofpneumonia raises worries for Democrats

U.S. Democratic presidential candidate Hillary Clinton leaves her daughter Chelsea's home in New York, New York, United States September 11, 2016, after Clinton left ceremonies commemorating the 15th anniversary of the September 11 attacks feeling "overheated." REUTERS/Brian Snyder

Sallah: Troops gun down female suicide bomber in Borno

**Alerts On Persons pretending to be madmen & madwomen.

A female suicide bomber who attempted to attack a cattle market in Borno state where scores of Muslims preparing for Eid el Kabir celebrations had converged for shopping was on Sunday gunned down by troops of Operation Lafiya Dole.

Bag of rice may sell for N40,000 by December if…, says Minister

If Nigeria fails to start producing rice, by December 2016, the price of a bag of rice could be N40,000, says the Minister of State for Agriculture and Rural Development, Senator Heineken Lokpobiri.

NSCDC deploys 30,000 personnel for Sallah

THE Nigeria Security and Civil Defence Corps NSCDC has announced nationwide deployment of 30, 000 officers and men of the corps ahead of Monday’s Edi-el-Kabir celebrations.

Bag of Rice now sells for N17,500 as prices of food items crash in Kano

Prices of food items are coming down following the arrival of new harvests at Kano markets where a bag of rice now sells for N17,500 as against previous price of N19,000 and above.

A survey at some markets in the state revealed that prices of some grains have drastically reduced but rice, still experiencing high demand, remains costly but with slight drop in price. A bag of maize is now selling for N10,000 as against N13, 000 it sold last month, while a measure cost N357, down from between N470 and N500 previously.

Price of a measure of millet has equally dropped from N360 to about N250.

Checks revealed that the price of a bag of rice, which sold for N19,000, is now selling at N17,500 while a measure cost N700.

Some consumers, who spoke with newsmen, expressed optimism that the prices of food items would crash further before the year ends.

Malam Sani USman, a consumer, said that the current economic hardship would end when there is massive food production. He said that when people don’t produce but consume more, “there is bound to be food shortage and the economy will become weak’’.

Another customer, Ibrahim Asim, appealed to traders to desist from hoarding food in an attempt to make more gains.

Ex-bodyguards of Buhari stage protest in Aso Rock

– Some former bodyguards of President Muhammadu Buhari have staged a protest in Aso Rock

– The protest was staged to air their grievances over unpaid wages

– The bodyguards have vowed to occupy the Presidential Villa if their needs are not met

Some former bodyguards to President Muhammadu Buhari have threatened to occupy Aso Rock if demands for wages owed them are not met with immediate effect.

Ex-bodyguards of President Buhari staged a protest in front of the Aso Villa in Abuja on Wednesday, September 7.
The bodyguards who served during the electioneering campaigns in 2015, on Wednesday, September 7, vowed to occupy the presidential villa if allowances owed to them were not paid to enable them cater for their families during the upcoming Salleh celebrations.

The Vanguard reports that the bodyguards who staged a protest at the entrance of the presidential villa, Abuja decried their living conditions.


Their spokesman, Olabiyi Balogun who spoke with newsmen on phone said that they had been owed arrears of 17 months even as other of their demands had also fallen on deaf ears.

Balogun vowed that the group would continue to protest u till their demands were met. He said: “If you recollect, the last time we had a parley with the press was about 4 weeks ago when they asked Mobile policemen to seal off our office, the APC presidential campaign office.

From that time till today is 28 days. We had no form of official response to our demands and it is as a result of that we decided to take the protest further to them. To prove our point we had to stage our protest right to the Villa, this morning. We were stopped.

“The DCP, the squadron commander in the Villa came to address us. He told us that he was sent from inside. He said that the right persons told him that they are already sitting on our issue and that we should give them between now and the end of the month, that the demands we made would be met. We will abide by our words.

“We want to give them the benefit of doubt. But the issue right now is sallah. Sallah is on Monday and 80 percent of us are Muslims. They have been paying themselves. They just paid themselves the allowances they owed the personnel in the villa. Each person got N450 thousand.