July 2009

Kano Received Security Reports on Boko Haram ‘Three Months Ago'

Kano State government received security reports on the activities of Boko Haram members in the state three month ago and immediately swung into action by inviting and warning the sect leader Malam Salisu Yusuf Aljasawy, Director of Press and Public Relations to Governor Ibrahim Shekarau, Sule Ya'u Sule, said yesterday.

Boko Haram; Probe the death of Nigeria sect leader

We join the international human rights Community in condemning in its entirety the extra judicial murder of Mohammed Yusuf, the leader of the sect some call the Nigerian Taliban and join other groups to call for an immediate investigation into the fatal shooting in police custody of the radical Islamist leader blamed for instigating days of clashes between his followers and government forces.

Elumelu Report: Obasanjo finally let off the hook

In a show of shame, Speaker Dimeji Bankole on wednesday disbanded The House of Representatives standing Committee on Power, headed by Hon. Ndudi Elumelu, which investigated the alleged expenditure of $16 billion on the power sector by the administration of former President Olusegun Obasanjo.

Tinubu, Atiku: Ready to die for electoral reforms

Gen. Muhammadu Buhari, The former Head of State and presidential candidate of the All Nigeria Peoples Party (ANPP) in the 2003 and 2007 general elections, former Vice-President Atiku Abubakar, former Speaker of the House of Representatives, Alhaji Ghali Umar Na’Abba, and former governor of Lagos State, Asiwaju Bola Tinubu, yesterday warned that unless the 2011 general election is credible, there would not be peace in the country.

Boko Haram Leader Killed; As Fighting Spreads To Katsina

Nigeria: The deputy leader of Boko Haram Islamic sect, Bukar Shekarau, battling security forces in northern Nigeria, was among dozens of people killed after troops shelled their base in the city of Maiduguri, military officials said.

Naira Appreciates against the dollar in the Parallel Market

Contrary to the marginal losses of the naira to the dollar as witnessed from last week, the local currency appreciated at the parallel market yesterday. The dollar was exchanged for the naira at N152 against N154 last Monday, indicating a gain of N2.

Women, Public-Toilets & Gender Equality Agenda

Inadequacy of public toilets for women, have always concerned me; as I frequently have observed the disparity between the ease with which men receive this rather most innocuous public service; and the excruciation seemingly reserved for our counterparts, the so-called weaker sex. We are

IMF Vindicates Soludo's Reforms

An International Monetary Fund (IMF) staff mission to Nigeria today in Abuja vindicated the former governor of the Central Bank for his economic policies that made Nigeria “enter the global financial crisis from a position of strength”.

Nigeria: IMF urges for a credible Macro-economic policy framework

The International Monetary Fund has urged the Nigeria government to develop a clear, consistent, and credible macroeconomic policy framework to help anchor expectations and reduce uncertainty, not only in this turbulent time, but also for the future.

Nigeria Economic, Foreign Exchange & Market Update, July 30, 2009

The naira depreciated in both the parallel and official markets, closing the week at N155.50/$1 and N147.38/$1 respectively – down from N154/$1 and N146.30 in the previous week. The stock market closed the week on a marginally higher note than the previous week (albeit still with a bearish trend), with the All Share Index (ASI) closing the week at 23,924.10 – 1.13% higher than the 23,656.42 recorded in the