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Dino Melaye Granted “Conditional” Bail I The Precision

File Photo: Melaye gestured during his popular "Ajekun Iya" solo The Kogi State High Court sitting in Lokoja has granted bail to the lawmaker representing Kogi West, Senator Dino Melaye, in the sum of N10 million. Justice Nasiru Ajanah granted Senator Melaye bail in his ruling on the application on Wednesday, based on the lawmaker’s health challenge. The presiding judge described the...

Ondo NUJ Chairman Charges Journalists On Regular Exercise | The Precision

Ondo NUJ members posed for a group photograph during a "Trek for Life" exercise. The event is part of activities marking the 2018 Press Week By Isaac Afolabi, Akure Journalists have been challenged to always  create time for regular body exercise irrespective of the busy schedule. The Chairman of the Nigeria Union of Journalists, NUJ, Ondo state Council, Mr James Sowole gave...

Omo-Agege Attends Senate Plenary I The Precision

Sen. Ovie Omo Agege back in Senate By Naomi Sharang Senator representing Delta Central Senatorial District Sen. Ovie Omo-Agege on Wednesday appeared before the Senate in plenary.   Omo-Agege was seen signing the attendance register within the upper chamber. The Senate on April 12, suspended Omo-Agege (APC-Delta) over a “dissenting comment’’ on decision of the Upper Chamber on adoption of conference report...

Saraki Meets Buhari Over Alleged Plot By IGP To Implicate Him I The Precision

The President of the Senate Dr Bukola Saraki is set to meet President Muhammadu Buhari to relay to him an alleged plot by the Inspector General of Police, Ibrahim Idris to implicate him (Saraki). The President of the Senate is to lead the leadership of the upper legislative chamber to meet with President Buhari over the alleged plot which Saraki...

FG Clears Workers’ Promotion Arrears With N34.2bn I The Precision

Kemi Adeosun The Minister of Finance, Mrs. Kemi Adeosun, on Tuesday said that the Federal Government would settle the inherited debts and contractual obligations to local contractors between 2006 and 2015.   The minister made this known while appearing before the ad hoc committee of the Senate on Promissory Note Programme and Bond Issuance. The committee is chaired by the Deputy...

Buhari Approves N10bn For Rehabilitation Of Benue Communities I The Precision

File Photo: Buhari and Benue Gov, Samuel Ortom   President Muhammadu Buhari has approved N10bn for the rehabilitation of communities destroyed during recent attacks in Benue State. Vice-President Yemi Osinbajo disclosed this on Tuesday during his visit to two Internally Displaced Persons camps in the state. His Senior Special Assistant on Media and Publicity, Mr. Laolu Akande, told journalists...

Nigeria Awards $7bn Rail Project To Chinese State Rail Firm – Xinhua I The Precision

Nigeria has awarded a $6.68 billion contract to the China Civil Engineering Construction Corporation (CCECC) for work on a major segment of a railway linking the country’s commercial hub Lagos, in the southwest, and Kano in the north, Xinhua reported.  “The signing of the ... segment contract agreement today (Tuesday) concludes all outstanding segments of the Lagos-Kano rail line,” the...

100 People Kidnapped Along Kaduna Road | The Precision

File Photo: Kidnappers in a movie shot At least 100 people have been kidnapped along a road in northern Nigeria in the past few days, officials, witnesses and relatives of the abducted told Reuters on Tuesday, underscoring the insecurity still afflicting parts of the country.  “Over 120 people were kidnapped between Friday and today, Tuesday along the Birnin Gwari-Kaduna road,” said...

CBN Injects Fresh $210mn Into Currrency Market | The Precision

The Central Bank of Nigeria (CBN) on Tuesday injected a fresh $210 million into the interbank foreign exchange market, extending efforts to boost liquidity and alleviate dollar shortages.  (adsbygoogle = window.adsbygoogle || ).push({}); The apex bank said in a statement it had released $100 million earmarked for the wholesale market, $55 million for small businesses and individuals, and $55 million for...

Nigerian Annual Inflation Falls To More Than 2 Year Low In April | The Precision

Annual inflation in Nigeria stood at 12.48 percent in April, its lowest level in more than two years and its 15th straight monthly drop, the National Bureau of Statistics said on Tuesday.  It fell from 13.34 percent in March. A separate food price index showed inflation at 14.80 percent in April, compared with 16.08 percent in March.  (adsbygoogle = window.adsbygoogle ||...
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