Author: straightnewsng.com

The Senate, Thursday, confirmed Dr. Godwin Emefiele as Governor of the Central Bank of Nigeria for another five-year term. Emefiele was screened by the Senate Committee on Banking, Insurance and Other Financial Institutions, on Wednesday during which he was grilled in issues affecting Nigeria’s economy. The screening exercise came after the mandate given by President of the Senate, Bukola Saraki, to the committee at the plenary on Tuesday. The committee was given one week to carry out the screening and report back to the Senate. Emefiele, who was appointed as CBN Governor on June 2, 2014, is due to end…

Barring unforeseen circumstances, MTN Nigeria will list 20,354,513,050 at N90 per share on Wednesday, May 16. This followed final approval for listing granted MTN by the Nigerian Stock Exchange (NSE) on Tuesday, May 15. However, Dr. Charles Mekwunye, a Lagos-based lawyer, has filed a suit at Federal High Court in Abuja against Nigeria Stock Exchange (NSE) to stop attempt to list MTN shares on the floor of SEC. When listed at N90 per share, MTN Nigeria shares will emerge the second largest company on the nation’s bourse after Dangote Cement with market capitalisation of N1.83 trillion. Listing on the NSE…

The Akwa Ibom State Government, Wednesday, booted the Commissioner for Agriculture and Food Sufficiency over what analysts see as “negligence of duty.” An indigene of Ukpum Okon clan in Ikot Abasi local government area, Dr. Uduak Udo-inyang, was appointed as a Commissioner  by Governor Udom Emmanuel on November 25, 2016. A three-paragraph statement signed by Dr. Emmanuel Ekuwem, the Secretary to the State Government, which was issued last night, did not state the offence of the commissioner. Accordingly, Governor Udom Emmanuel has directed Professor Nse Essien, the state Commissioner for Science and Technology, to take over the duties of the…

Another Nigerian on Wednesday made history after she was sworn into office as the first black female Civic Mayor of London Borough of Tower Hamlets, United Kingdom (UK). She is Mrs Victoria Obaze from Imo State, who contested three previous councillorship elections in 2010, 2014 as well as 2016 and failed, eventually succeeded in an election conducted on May 5, 2018 in Whitechapel Ward. \ Obaze’s inauguration on Wednesday is the latest in turn of events that have seen Nigerians emerge as Mayors in their area councils of residence in the UK. Recall that Mr Ernest Ezeajughi, and Mrs Kate…

As the 2019 Unified Territory and Matriculation Examination (UTME) conducted by Joint Admission and Matriculation Board (JAMB) has been released, three network providers in Nigeria have ripped off candidates of billions of Naira for using them to check their results. The results for 2019 UTME were released on Saturday, May 11 and more than 1.8 million candidates registered for the examination. Straightnews discovered that Airtel, MTN and Globacom are making away with at least N100 billion from the N50 service charge deducted from the candidates who accessed their 2019 UTME results through their phones via the universal code “55019.” Angered…

The Federal Government, Wednesday, approved N5.7 billion for the completion of Nkari dam in Ini local government area of Akwa Ibom State. The Nkari Dam site is located approximately at latitude 5o20’N and Longitude 70 40’E. It is situated in Nkari Town in Ini local government area of Akwa Ibom State, SE Nigeria. The dam area covers about 37,000m2 and the Irrigation area is about 200,000m2. The Minister of Water Resources, Suleman Adamu, stated this while briefing State House correspondents at the end of the weekly Federal Executive Council, FEC, presided over by President Muhammadu Buhari at the Council Chambers,…

Inflation rate in Nigeria has increased from 11.25 percent in March 2019 to 11.37 percent in April 2019, representing 0.12 percent rise, the National Bureau of Statistics (NBS) has said. In its report released on Wednesday, the NBS office said on a month-on-month basis, the headline index increased by 0.94 percent in April 2019, which is 0.15 percent higher than the rate recorded in March 2019, 0.79 percent. The percentage change in the average composite CPI for the 12 months period ending April 2019 over the average of the CPI for the previous 12 months was 11.31 percent, showing 0.09…

Super Eagles Coach, Gernot Rohr has released his provisional squad for the 2019 Africa Cup of Nations. The 25-man squad released on Tuesday is to prepare Super Eagles for the 32nd Africa Cup of Nations finals in Egypt this summer. Nigeria is placed in Group B, alongside Madagascar, Burundi and Guinea. 25 Super Eagles For AFCON 2019 Camp Goalkeepers: Francis Uzoho (Anorthosis Famagusta, Cyprus); Ikechukwu Ezenwa (Katsina United); Daniel Akpeyi (Kaizer Chiefs, South Africa) Defenders: Olaoluwa Aina (Torino FC, Italy); Abdullahi Shehu (Bursaspor FC, Turkey); Chidozie Awaziem (Caykur Rizespor, Turkey); William Ekong (Udinese FC, Italy); Leon Balogun (Brighton & Hove…

By Lora Jones #1 – Be Aware of Where Abuse Happens It seems abuse would likely occur beneath the cover of night in some secluded back alley, but that is not where most cases actually happen. Surprisingly, 75 percent of child 3exual abuse happens in the offender’s home or in the child’s own home. Most abuse of this type happens during after-school hours and is most prevalent in the summertime. As a parent, it is important to understand when and where most instances of 3exual abuse occur so you can be extra vigilant. You should think carefully before leaving a…

An escalating trade war between United States of America and China is likely to create ripple effects on consumer products. Until now, President Donald Trump’s tariffs on a total of $250 billion in Chinese imports have largely hit intermediate and capital goods- items typically bought by businesses, not shoppers. That will change if Mr. Trump follows through with his threat to tax nearly every product China sends to the United States, or roughly $300 billion worth of goods. The United States trade representative on Monday detailed a list of what would face a tax of as much as 25 percent,…