The Edo State Governor, Adams Oshiomhole has told security operatives in the state to flush out all miscreants in the state. He said this yesterday in Benin City while launching the newly reconstituted state security outfit, ‘Operation Thunder Storm.' According to Mr Oshiomhole, "there is only one common enemy against whom we must direct all our forces, namely those who…
A group called the Elders Forum of West District of Ogun state yesterday rejected the governorship candidate of Action Congress of Nigeria, Ogun State Chapter, Ibikunle Amosun. The Elders want a candidate from the Yewa zone of the state, claiming that it is the zone's turn, and Mr. Amosun is not from Yewa. Addressing a press conference in Abeokuta, the…
The Edo State chapter of the Nigerian Medical Association (NMA) yesterday insisted that the state government must pay its members the full Consolidated Medical Salary Structure (CONMESS) before it will reverse its decision to embark on a full scale strike when its one week warning strike expires. The state chairman of the Association, Philip Ugbodaga said that they want the…
Jasper Uche, the Transition Committee Chairman of Umunneochi Local Government Area in Abia state, said that the council will soon open a cashew processing industry in the area. He revealed this on Sunday in Umunneochi, that the industry will be sited in Mbala community.Mr Uche explained that the industry will utilise the abundant but neglected cashew nuts at Mbala, as…
Six of the country's banks are ready to conclude the processes for their recapitalisation in the next two weeks. Central Bank of Nigeria (CBN) director of banking operations, Sam Oni, disclosed this at the end of the Bankers Committee meeting held yesterday in Abuja. He noted that with the progress recorded so far with the regulators intervention with the ongoing…
The move by the Central Bank of Nigeria (CBN) to introduce derivative foreign exchange products will eventually allow for a more stable national currency. According to the Financial Market Dealers Association (FMDA), the body of financial instruments brokers, the commencement will be beneficial to the end users of foreign exchange. Akinsowon Dawodu, president of the FMDA, said the framework, as…