Category: Arewa

  • Naira suffers heavy falls after IMF calls for Nigeria to abandon exchange rate

    <SUNBIGHT>~Nigeria~Nkwo~9th February,2022. FOLLOWING the call by the International Monetary Fund (IMF) for Nigeria to remove official exchange rates, the value of Naira depreciated at the official and black markets on Tuesday. Data from FMDQ securities showed the exchange rate of the Naira to the United States Dollar further depreciated at the Investors and Exporters (I&E) […]

  • Abba Kyari’s gang forced me to accept being a kidnapper after killing six people before me: Evans

    <SUNBIGHT>~Nigeria~Nkwo~5th February,2022. SUSPECTED kidnap kingpin, Chukwudimeme Onwuamadike, alias Evans, on Friday denied kidnapping a businessman, Sylvanus Ahamonu, and collecting a $420,000 ransom from his family. Standing trial alongside ex-soldier Victor Aduba on a four-count charge of kidnapping and unlawful possession of firearms, Evans said he was tortured and forced by dismissed police officer, Abba Kyari, […]

  • Pic Story: History (Biafra 1968)

    <SUNBIGHT>~Biafra~Nkwo~5th February,2022. THE ‘Dream Team’- Officers of the 3rd Marine Commando, Biafra 1968. Originally called the 3rd Infantry Division, it was one of the most successful Federal fighting units during the Civil War. Led by the legendary Col. Benjamin Adekunle aka ‘Black Scorpion’. Adekunle unilaterally renamed the Unit the ‘3rd Marine Commando’ to reflect the […]

  • Ray Dalio: Bitcoin and Crypto Get ‘Too Much Attention’

    <SUNBIGHT>~Cryptocurrency~Afor~4th February,2022. THE Bridgewater Associates founder opined on risks, both economic and political, in a recent interview. In brief Ray Dalio is the founder of hedge fund firm Bridgewater Associates and one of the world’s richest people. He remains fairly skeptical of cryptocurrency as an investment. He’s at it again.  Ray Dalio, arguably the most […]

  • Nigerian Islamic Police Arrest Youths for Card Games in Kano State

    Hisbah Arrests Poor Youths For Playing Whot In Kano The Kano Hisbah Command has arrested a group of youths playing a popular card game, Whot, in Kano. The young men were arrested in Warawa town for “wasting their time” playing the card game instead of using their time for a productive venture. The board therefore […]

  • News In Pics: ISWAP releases pictures of captured Weapons and slain soldiers of Nigerian Army

  • Naira continues fall against U.S dollar at official market

    NIGERIAN currency continued its devaluation to the U.S dollar on Thursday at the Investors and Exporters (I&E) segment of the foreign exchange (FX) market. Data obtained from FMDQ website showed Naira lost 3 kobo or 0.01 percent to close at N415.10/$1 as against the N415.07/$1 it was traded on Wednesday. The two consecutive days of […]

  • Nigeria accused of ‘ruthless’ crackdown in restive southeast

    Global rights watchdog Amnesty International says it documented use of excessive force and at least 115 killings by security forces this year in southeastern states. AMNESTY International has accused Nigerian security forces of using excessive force and killing at least 115 people during a “repressive campaign” earlier this year against separatist agitators in the country’s […]

  • NIGERIA’S 2022 BUDGET PRESENTED TO NATIONAL ASSEMBLY

    NIGERIA’S president Muhammadu Buhari, had on Thursday presented the 2022 budget to the National Assembly. The country’s 2022 budget estimates was presented to a joint session of the Houses of representatives and Senate. A total expenditure of N16.39 trillion was proposed by Buhari during the 2022 budget presentation. Included are spending by Government Owned Enterprises/Grants […]

  • NIGERIAN PRESIDENT TO PRESENT 2022 BUDGET TO NATIONAL ASSEMBLY ON THURSDAY

    PRESIDENT Muhammadu Buhari of Nigeria shall formally submit the 2022 budget to the National Assembly on Thursday, 7 October, 2021. The notification was revealed by the country’s Deputy Senate President Ovie Omo-Agege, who also disclosed that President Buhari has sent a letter seeking some changes in the recently passed Medium Term Expenditure Framework (MTEF) and […]