EFCC RE-ARRAIGED FAYOSE IN LAGOS

BREAKING NEWS: EFCC RE-ARRAIGNS FAYOSE IN LAGOS

The Economic and Financial Crimes Commission (EFCC) on Tuesday re-arraigned embattled former Governor of Ekiti, Ayodele Fayose in a Federal High Court in Lagos over N6.9billion Money laundering and fraud.

Details soon...

(TPM)

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ALAGBA OF OGBOMOSO: THE LEGENDARY TORTOISE

The Oldest Living Animal In Nigeria. The story that caught the attention of the members of the "Nigeria NewsInfo"team today was the story of the 345-year old tortoise, also referred to as “Alagba”. Alagba, according to a worker in the palace, Alagba was brought to the palace during the reign of Oba Kumoye Ajao (one of the earliest kings that the city had) and the creature according to him is not only the oldest but the biggest in the world according to the Guinness Book of World Records. Tourism is not complete in Oyo State without a reference to Alagba - a giant male tortoise in Ogbomoso Palace.Alagba was said to be more than three centuries old ,thereby making it the world`s oldest living tortoise . Alagba, a giant male land tortoise believed to be over 330 years is still alive at the palace of Soun of Ogbomosoland in Oyo State. The legendary tortoise who lumbers about in the palace is popularly called “the elderly one”....

ECOWAS Adopts ECO As A Single Currency

Countries within the West African sub-region will be able to use a single currency from January 2020 The currency which is called ECO was adopted by the Authority of ECOWAS Heads of State and Government on Saturday in Nigeria’s capital Abuja. The West African leaders endorsed the currency at their 55th Ordinary Session and approved a road map towards the currency’s issuance in January 2020. There roadmap is to ensure that all member countries meet three primary criteria for the adoption of the currency. The criteria for adoption includes member countries having a budget deficit of not more than 3%; average annual inflation of less than 10% with a long-term goal of not more than 5% by 2019. Member countries were also expected to have gross reserves that can finance at least three months of imports. The other convergence criteria that have been adopted by ECOWAS are public debt or Gross Domestic Product of not more than 70%. There is also the issue of central banks fina...

BREAKING: Lanlehin Withdraws From Coalition Over ‘Non-compliance’ By Makinde

Senator Olufemi Lanlehin (Solan), Oyo State Leader of the African Democratic Congress (ADC) has announces forthwith, his personal withdrawal from the coalition he has with Engr. Seyi Makinde, the Oyo State governor; Recall that Senator Lanlehin, former Oyo State gubernatorial candidate of the African Democratic Congress (ADC) joined forces with other opposition parties’ governorship candidates to back Makinde, and the gubernatorial victory was thereupon resounding; Lanlehin, who hinged his decision to quit the coalition on what he termed Governor Makinde’s non compliance with the spirit and letters of the terms of the gubernatorial pre-election agreement reached, however maintains that his party, the ADC is at liberty to remain in the coalition, and believes it should, in fact, remain; Lanlehin, going forward, states that while he remains a committed member of the ADC, he would adopt a “siddon look” posture in the governance of Oyo State and allied matters; Rememb...

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