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POLITICS

BREAKING: Pro-Fubara, Wike lawmakers hold parallel sittings today

There is palpable tension in Rivers as the two factions of the State House of Assembly will have parallel sittings this morning. On Sunday night the Victor Oko-Jumbo-led House loyal to the State Governor, Siminalayi Fubara had in a letter by the Clerk, Dr G. M Gillis-West, invited a new commissioner-nominee, Emmanuel Frank-Fubara, to appear before it on Monday for screening and confirmation as a member box the State Executive […]

todayJuly 8, 2024 8

POLITICS

Rivers plans parallel secretariats as police bar Fubara caretaker chairmen

Rivers State Governor, Siminalayi Fubara, has said 23 local government councils in the state will operate from alternative secretariats following Tuesday’s sealing of the councils by the police. The governor, who said this after swearing in the 23 local government caretaker committee chairmen on Wednesday in Port Harcourt, the state capital, said they could operate from anywhere. Fubara stated this as the police barred the newly inaugurated caretaker chairmen from […]

todayJune 20, 2024 6

BUSINESS

Naira sells below 1,280/$ at official, parallel markets

The naira began the new month on a bullish note, appreciating to N1,278.58 against the United States dollar from N1,309.39 per dollar recorded last week Thursday. This indicates an increase of N30.81 at the close of trading activity. According to data from FMDQ Securities, the indicative exchange rate for the Nigerian Autonomous Foreign Exchange Market closing below the N1,300 ceiling marks the first instance since January 26 of this year. […]

todayApril 3, 2024 6 2

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