Naira sinks to 375/dollar, economists seek policy change

Economists on Wednesday advised the Federal Government and the Central Bank of Nigeria to review their policies and introduce measures that would turn around the dwindling fortunes of the nation’s economy.
They spoke against the backdrop of the persistent fall of the naira against the dollar, with the local currency exchanging for 375 against the greenback at the parallel market on Wednesday; the imminent economic recession; and the spike in inflation to 16.5 per cent in June.

I’ll reposition economy with technology, agriculture – Buhari

President Muhammadu Buhari on Thursday promised that his administration will continue to welcome innovative ideas in the gas, technology and agricultural sectors as ways of repositioning the nation’s economy.

According to a statement by his Special Adviser on Media and Publicity, Mr. Femi Adesina, the President spoke while receiving the Letter of Credence of the High Commissioner of the Republic of India, Mr. Nagabhushana Reddy, at the Presidential Villa, Abuja.

Police arrest Lagos pastor for N3m land fraud

The Lagos State Police Command has arrested the pastor of a church in the Ayobo area of the state, Gabriel Olakitan, for allegedly defrauding a businessman of N3m.

It was learnt that the 64-year-old suspect had sold a parcel of land in the area to the businessman and issued him a receipt to that effect.

Am Still In APC – Saraki

Senate President Bukola Saraki says he remains a proud member of the All Progressives Congress, amid speculations that he has defected from the party.
A statement by Saraki’s Special Assistant, New Media, Bamikole Omishore, said his media team were aware of a “false publication” making the rounds on social media.

BREAKING: Lopetegui appointed Spain’s new manager

Former Porto boss Julen Lopetegui was appointed manager of Spain on Thursday, replacing World Cup and European championship winning head coach Vicente del Bosque.

Emmy Awards: Game of Thrones leads with 23 nominations

Fantasy drama “Game of Thrones” led the field for television’s coveted Primetime Emmy awards Thursday for a third straight year, with nominations in 23 categories.
HBO’s fantasy epic about noble families vying for control of the Iron Throne will compete for the prestigious outstanding drama series trophy for the fifth year in a row, the Television Academy announced.

Box Office: ‘Ghostbusters’ debuts to $46m

Paul Feig’s “Ghostbusters” movie reboot has triggered intense debate over its decision to refashion the proton pack-wielding paranormal investigators as an all-female team.
For some, the movie had been a feminist rallying cry; for others, a pop culture desecration.
It had also provided ample opportunity for internet trolls to engage in some misogyny.

Court Okays use of hijab in Lagos schools

The Lagos Division of the Court of Appeal has reversed the judgment of a Lagos State High Court in Ikeja which on October 17, 2014 banned the use of hijab in Lagos State public primary and secondary schools.


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