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Wednesday 24 June 2015

Former President Jonathan's Son Hale And Hearty - Aides - Sahara Reporters

Ariwera, a teenage son of former President Goodluck Jonathan, is hale and hearty, contrary to rumors of his passing, sources close to the former Nigeria leader said.

Several aides of the former President told SaharaReporters on Tuesday that his rumored death came as a surprise to them, as the boy is not even sick.

Social media outlets were buzzing with the rumor all of Tuesday. SaharaReporters had reported that the former President was vacationing in Los Angeles.

8 Governors Ask Oyegun To Resign

ABUJA – Crisis rocking the All Progressives Congress, APC appeared to have now sprawled into a full blown war between the governors elected on the party’s platform and the national chairman of the party, Chief John Oyegun with the governors asking him to honorably resign.

The governors who paid a surprised visit to Oyegun at the party’s national secretariat on Tuesday after their meeting with president Mohammadu Buhari were said to have conveyed their demands to the chairman in a closed door meeting they had with him.

The governors who visited Oyegun included Comrade Adams Oshiomhole (Edo), Tanko Al-Makura (Nasarawa), Mallam Nasir El-Rufai (Kaduna), Ogbeni Rauf Aregbesola (Osun), Abubakar Sani Bello (Niger) Senator Abiola Ajimobi (Oyo), Atiku Bagudu (Kebbi) and Abubuakar Badaru (Jigawa).

Highly placed party sources revealed that the governors were not happy with Oyegun’s poor handling of the crisis bedeviling APC on the heels of the recent National Assembly elections that enthroned Senator Bukola Saraki and Rep. Yakubu Dogara as senate president and speaker, House of Representatives respectively.

www.vanguardngr.com/2015/06/apc-crisis-gets-messy-8-governors-ask-oyegun-to-resign-as-national-chairman

Monday 22 June 2015

Naira Depreciates Against Major Currencies

The Naira on Friday at the parallel market depreciated against three international currencies at the close of trading for the week. A on Friday in Lagos showed that the Naira depreciated by N1 or 0.45 per cent against the dollar due to high demand. It sold for N221 against the dollar from the N220 it sold on Monday, June 15.

The Naira also lost N27 to sell at N352 to the pound, representing 8.31 per cent depreciation from the N325 it traded on June 15.Besides, the Naira against the euro went for N245 compared with the N238 it sold on June 15, representing N7 or 2.97 per cent drop. The Naira against the dollar at Central Bank of Nigeria (CBN) official rate remained at N196.90, the rate since June 11.

But it fell by N7.96 or 2.61 per cent to the pound, selling for N313.31 from the N305.31 it sold on June 15. The currency also depreciated against the euro to sell for N224.58 compared with the N220.74 it traded on Monday.

A bureau de change operator, Mr Harrison Owoh said that the depreciation in all segments was due to a shortfall between demand and the foreign exchange available for sale. Owoh, who is the Managing Director of HJ Trust Investment Ltd., Lagos, said that a further shortfall in forex supply may lead to further depreciation.

Source:http://www.vanguardngr.com/2015/06/naira-depreciates-against-major-currencies/

Oyedepo Curses Kidnappers & Their Sponsors

In the aftermath of the kidnapping of a Winners Chapel Pastor in Calabar, Pastor Oyedepo of Living Faith Church Worldwide yesterday cursed all kidnappers in the country and their sponsors.