Nigerian newspaper headlines December 9, 2016.
The Economic and Financial Crimes Commission on Wednesday quizzed a former Minister of State for Defence, Senator Musiliu Obanikoro, for allegedly receiving N450m from the Coordinator of the Goodluck Jonathan Campaign Organisation in Lagos State, Adewale Onilere, during the countdown to the 2015 presidential election.
The Economic Community of West African States, ECOWAS, has said the full adoption of a single currency was currently under threat due to the steady decline of Nigeria’s currency, the Naira.
A former National Security Adviser (NSA), Colonel Sambo Dasuki (rtd), has urged the Supreme Court to grant him accelerated hearing in his two pending appeals for bail.
The 11 electricity distribution companies (Discos) in Nigeria’s electricity industry have warned that the sector was under threat and could collapse anytime on account of various operational challenges, but mostly on the exorbitant and unstable naira to dollar exchange rate which they said was cripplingly their operations.
The United States Consul-General in Nigeria, Mr John Bray, yesterday said that Nigeria would be able to overcome her current economic recession by attracting more Foreign Direct Investment.
Barely 24 hours after the Federal Government blamed recession for its inability to pay match bonuses of the victorious Super Falcons at the just concluded African Women Championship, the Sports Minister Solomon Dalung has said they were never expected to win the trophy.
House of Representatives yesterday asked President Muhammadu Buhari to immediately suspend the ban on the importation of vehicles through land borders in the country.
The Nigeria Investment Promotion Council (NIPC) has said the implementation of the new automotive policy would create over 700,000 jobs.