Naira Sinks To N375 Per Dollar - The Nation

There was confusion in the market yesterday as the naira slumped to a new low in both the official and parallel markets, exchanging at N292.90 and N375 to the dollar.

The local currency however closed at 292.90 to the dollar on the interbank rate after just one transaction was carried out, with dollar supply drying up and no intervention by the CBN, traders said. Traders had expected the CBN to intervene to ease dollar shortages, but that did not materialise.

Balarabe Musa blasts Buhari over state of the nation

A former Kaduna State governor and national chairman of Conference of Nigeria Political Parties (CNPP), Balarabe Musa, has described the President Muhammadu Buhari’s government as an “anti-people”.

He made the assertion at a colloquium held by the National Conscience Party(NCP) held in honour of the party’s founder, Gani Fawehinmi, in Akure on Thursday. Mr. Musa, who chaired the occasion themed, The State of the Nation: If Gani Were to Be Alive, argued that “the policies of the federal government, instead of ameliorating the sufferings of the people, have further impoverished and inflicted more pains on the masses”.

Teenagers arrested over sale of human skull .

Emmanuel Edet Ikot, 17; Ubong Udong, 18; Bright Effiong Okon, 19 and Okon Ita, 20, were arrested by operatives of Criminal Investigation Department, CID, of Akwa Ibom State Police Command, when looking for a buyer of a human skull in their possession, Vanguardngr reports.

Emigre Super Bloc: The Failed Turkish Coup – An Exploded View

by GH Eliason

Is Fethullah Gulen the feeble, kindly imam that mainstream media is making him out to be? Hardly. What this article will show is that Gulen is instead a career ultra-nationalist bent on carving up the Middle East and Asia. Gulen is on a mission to destroy Russia and China by cutting out territory that contains Turkic peoples from both nations.

Important to understand is Gulen is at work creating a Turkic Islamic World Order inside the countries his schools, people, and businesses reside in.

Wishful thinking (Saker rant)

Caveat one: Wishful thinking is considered bad, pollyannish, naïve, deluded, etc. Fine. I will plead “guilty” to all of these and boldly proceeded to express some terminal wishful thinking. I will do that because I do believe that it is sometimes important to set aside such otherwise precious things as realism and the so-called “real world” and to unabashedly proclaim that the world we live in is not the world we wished to be living in and that while we might break under the weight of reality, we sill are capable of remembering the ideals we hold dear. And then maybe, our wishes, at least some of them, will come true.

China Hints at Economic Costs After India Deploys Tanks, Troops to Border

After India mobilized tanks to the Chinese border, Beijing has warned that the move could threaten potential investment opportunities.

On Wednesday, reports surfaced that New Delhi deployed nearly 100 Russian-made T-72 tanks to the Chinese border, in the northern region of Ladakh. Indian military officials cite a Chinese buildup on its side of the border as necessitating the move.

PPRA considers introducing tax on petrol, diesel, kerosene and gas

Petroleum Products Pricing Regulatory Agency (PPPRA) says that taxation of petroleum products like fuel, diesel, kerosene and gas holds a huge revenue potential for Nigeria.

This is contained in a report of the two-day National Revenue Retreat in Kano. According to the Report, PPPRA says the introduction of taxes on petroleum products will supplement the revenue lost due to the fall of oil prices at the international market.

Bullet points – intelligence items, eye witness accounts, gleaned in the aftermath of Bastille Day massacre 2016 -Saker

Bullet points – intelligence items, eye witness accounts, gleaned in the aftermath of Bastille Day massacre 2016 – thanks tp Hicham Hamza of http://www.panamza.com/

(1) A video filmed by an Israeli ‘witness’. Shortly after the fusillade, at about the 18th second, a man lying alongside another individual appears to be pinned to the ground and is thumped vigorously by the police around him. At about the 45th second, he is seized and taken away from the truck. The document was posted online by a certain On Elpleg, an Israeli living in Norway. It was relayed by Ynet, website of the foremost daily Israeli newspaper Yediot Aharonot. Youtube suppressed the video, retrieved by Hicham Hamza.

Kidnapper mercilessly beaten after being caught yesterday –

The man snatched a child who was walking on the street with her mum, around Beckleys Estate, Abule Egba, Lagos, jumped on his bike and tried to ride away. He was however unlucky, as the woman raised an alarm and other passersby gave him a hot chase.

When he realized that his game was almost up, he threw the child from the bike, with the hope that his chasers would back off, but they didn't give up and he was eventually caught.

Man arrested for strangling his 4-year-old daughter to death

Men of the Akwa Ibom State Police Command have arrested a 30-year-old father, Joseph Ibanga, for strangling his four-year-old daughter, Gloria Ibanga, to death. He, however, revealed that he carried out the act after eating a meal prepared by his mother. .

Chinese lovers arrested for setting a Lagos hotel on fire, exchange blows in court .

Yesterday, Zhen Zhen, 47, and Leo Jian Feng, 41, were arraigned before an Ebute Metta Magistrate’s Court, for allegedly setting the room of Ernest Hotel, Ikeja, Lagos, ablaze, while smoking some substance, thereby making the hotel lose properties worth N17,864,900.

Man arrested for impregnating his daughter, procuring abortion for her and defiling a baby

Kennedy Michael, 36, from Akwa Ibom State, has been arrested for allegedly raping his teenage daughter, Maria, and attempting to abort the resulting pregnancy, New Telegraph reports. He was arrested alongside his girlfriend, Ndukwe Ijeoma, for assisting in procuring abortion for the girl.

Land Grabbers To Face 21 Years Jail Term

Illegal land occupants also known as land grabbers will henceforth face 21 years jail term.
This was the law yesterday passed by the Lagos State House of Assembly prohibiting forceful entry and illegal occupation of landed properties in the state.

According to the Speaker of the Lagos State House of Assembly, Mudashiru Obasa, after the Bill had gone through the Third Reading and finally passed by a voice vote of all members present at plenary session, told the acting Clerk of the House, Mr. Azeez Sanni, to forward a clean copy of the bill to the state Governor, Mr. Akinwunmi Ambode, for his assent.

NUC Declares NTI Degrees Illegal -channels Television.

Updated July 19, 2016

The National Universities Commission (NUC) has warned prospective students not to enroll in the degree and postgraduate diploma in education programmes by the Kaduna-based National Teachers Institute (NTI) as the programmes are illegal.

Nigeria Suffering From Stagflation And Inflation: CBN

GOVERNOR, Central Bank of Nigeria, CBN, Godwin Emefiele, on Tuesday, in a meeting with the Senators presented a lucid and comprehensive account of the performance of the Nigerian economy in the last one year he also told them about the situation of the economy and measures that were being taken by the Federal Government to remedy the situation.

Remi Tinubu Refuses Close Door Meeting With Dino Melaye

Remi Tinubu Refuses Close Door Meeting With Melaye,Says no parley with peoples enemy.

Senator Oluremi Tinubu has refused to sit in a meeting with Senator Dino Melaye saying it is absurd to sit with an enemy.  However, Senate President, Bukola Saraki has subsequently urged Senator Melaye to stay outside while he address Senator Tinubu...Also in the meeting are Senate Leader,Ali Ndume, Senator Rafiu Ibrahim.

Adeniyi Oyebade Indicted Of Shi'ite Killing By Kaduna Judicial Panel Of Inquiry

The General Officer Commanding the Nigerian Army’s 1st Division, Adeniyi Oyebade, a major general, authorized last December’s military operation that massacred at least 347 members of the Shi’a Muslim group in Zaria, and should be prosecuted, a judicial commission of inquiry into the killings, has said in its final report.
The commission of inquiry, set up by the Kaduna State government, indicted Mr. Oyebade and other senior army officers for the attack, PREMIUM TIMES can authoritatively report.
The panel’s report was submitted to Gov. Nasir el-Rufai on Friday, but its details are yet to be made public.

Buhari Under Fire Over Arms Panel’s Exemption Of Dambazau In Latest Probe Report

President Buhari has come under attack over reports suggesting his government may have deliberately doctored the latest report of the presidential arms audit panel.

The reports have cast doubt on the integrity of an administration that repeatedly defined honour and transparency in public service as part of its cardinal objectives, critics said.

FG Appoints Iyuke Principal Of PTI

The federal government has appointed a renowned South African based professor of Chemical and Process Engineering, Mr Sunny Iyuke, as new principal and Chief Executive Officer of Petroleum Training Institution, Effurun.

Until his appointment, he was the Head of School of Chemical & Metallurgical Engineering of the University of the Witwatersrand, South Africa. He has produced several patents in nanotechnology locally and internationally including World Intellectual Property Organization of International Bureau.

Don’t Accuse My Ministers Of Corruption Without Evidence – Buhari

President Muhammadu Buhari has appealed to “discerning” Nigerians to ignore orchestrated attempts to sully the integrity of ministers and other senior government officials, who are being tarred with the brush of corruption without any concrete evidence, a statement by presidential spokesman, Femi Adesina, said Tuesday.

FG Set To Generate Electricity From Uranium

The Federal Government has commenced moves to generate electricity from nuclear materials, particularly through the exploration, exploitation and utilisation of uranium.

To achieve this, the government invited experts from the International Atomic Energy Agency to conduct a week training for nuclear practitioners and security officers in the country on the extraction, exploitation and utilisation of the substance.

Kerry Hit By Downing Street Door, Terrified During Presser With Johnson

In a metaphor that could presage the likely relationship between US Secretary of State John Kerry and his new British counterpart, Boris Johnson, the former had an awkward moment at 10 Downing Street on Monday.

Well-Known Journalist Killed in a Car Explosion in Kiev

A renowned Russian journalist Pavel Sheremet has died in downtown Kiev when the car he was driving blew up minutes after the engine started.

According to the reports, the car belonged to his employer, the head of Ukrainskaya Pravda newspaper.

Justice Department Lashes Out at CNN on Twitter Over Melania Trump

Those closely observing the Republican National Convention this week were quick to pounce on the fact that Melania Trump appears to have appropriated part of a speech by Michelle Obama, and the US Justice Department became an inadvertent mouthpiece for indignation.

Police inspector rapes 15-year-old girl in Akwa Ibom

A police inspector attached to Mkpat Enin Police Division in Akwa Ibom State has allegedly raped a 15-year-old senior secondary pupil of Community Secondary School, at gunpoint, while she was returning from church on Thursday, last week, Punchng reports.

The victim explained that the inspector pointed his gun at her, saying if she tried to stop him from touching her he would shoot her. She said the officer then led her away from other members of the team to a dark portion of the road, forcefully caressed her breasts, saying “small you possess these type of breasts.”