NEWS

LOWEST EVER: Naira trades at 276/$1

The worst days for the Nigerian currency, naira, may just be ahead as the naira broke its 42-year record on Thursday, trading at 276 against the dollar at the parallel market. “We are currently selling at 276 to the dollar,” a trader told TheCable in Lagos on Thursday. Naira traded between 265 and 269 on Wednesday as traders anticipate the “end of forex street trading” in two weeks time. The naira fell to a 42-year-old low on December 11, when it traded at N260 at the parallel market – the lowest since 1973. The Central Bank of Nigeria (CBN), under the leadership of God

NEWS

List and map of “predominantly” Muslim countries forming a coalition to fight Isis

Here is a list of the predominantly Muslim countries teaming up to fight ISIS. Bahrain, Bangladesh, Benin, Chad, Comoros, Djibouti, Egypt, Gabon, Guinea, Ivory Coast, Jordan, Kuwait, Lebanon, Libya, Malaysia, Maldives, Mali, Mauritania, Morocco, Niger, Nigeria, Pakistan, Palestine, Qatar, Saudi Arabia, Senegal, Sierra Leone, Somalia, Sudan, Togo. I am sure that the U.S and Boko H are probably laughing at us right now....  Wait first when did Nigeria become "predominantly" muslim?

NEWS

Dokpesi calls for prison reforms after his stay in Kuje prison

Raymond Dokpesi has called for a national prison reform. This comes after his stay in the Kuje prison where he was remanded until he met his N200m bail condition. After his release yesterday, Dokpesi attended the AIT Christmas party where he charged the management of his TV station to make Prison reforms a burning issue. He described the situation of things in the prison as appalling.  Finally, change is coming, with more scapegoats we will soon start seeing the difference. (more…)