reserves

Gray Scores After Penalty Miss As Leicester ‘Reserves’ Down

December 28, 2019 5:11 pm

Demarai Gray atoned for a first-half penalty miss by scoring the winning goal as a second-string Leicester piled the pressure on West Ham manager Manuel Pellegrini with a 2-1 victory at the London Stadium on Sunday.

A fourth successive home defeat for the Hammers, who have won just twice in 14 matches, left them a point above the Premier League relegation zone and to make matters worse came the defeat came against an under-strength Leicester.

Foxes boss Brendan Rodgers made nine changes to the side hammered 4-0 by leaders Liverpool on Thursday, a decision that was as much a …

FG Begins Remodelling Of Grazing Reserves Into Ranches

December 3, 2019 12:13 pm

The Federal Government has begun remodelling of grazing reserves into ranches in seven states as part of efforts to transform and modernise the country’s livestock industry.

The Executive Secretary, National Commission for Nomadic Education (NCNE), Prof. Bashir Usman, made this known on Tuesday in Zaria at the opening of a three-day capacity building workshop on the remodelling of grazing reserves into ranches.

The News Agency of Nigeria (NAN) reports that the training was organised by NCNE for 120 nomadic education extension agents and other officers of the commission.

Usman, who was represented by the Director, Social Mobilisation and Women

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No Sleep Lost Over Drop In Nigeria’s Reserves –Emefiele

November 27, 2019 8:00 am

Central Bank of Nigeria (CBN) Governor, Mr Godwin Emefiele on Tuesday, said the reduction in the nation’s foreign reserves from $47 billion to about $40 billion should not put anyone on panic mode as the apex bank was making the right investments with the development. His advice came as the Monetary Policy Committee (MPC) of the apex bank retained its key anchor rate, Monetary Policy Rate(MPR) at 13.5 per cent.

Emefiele, at a post-MPC briefing, explained that the committee unanimously voted to retain the MPR, after the rate was reduced from 14 percent to 13.5 percent in March 2019, the …

Appeal Court Reserves Judgment On Kaduna Guber Election

November 5, 2019 9:25 am

The Court of Appeal sitting in Kaduna, yesterday, reserved judgment for November 7, on the appeal filled by Alhaji Isah Ashiru, Peoples Democratic Party (PDP) governorship candidate in the March 9 election.

Ashiru and the PDP had approached the Appeal Court to challenge the verdict of the Kaduna State Governorship Tribunal that upheld the return of Governor Nasiru El-Rufai of the All Progressive Congress (APC) as duly elected by majority and lawful votes.

The Justice Ibrahim Bako-led Tribunal had dismissed the petition of the PDP and its candidate for lacking in merit.

The petitioners had presented 135 witnesses with various …

$48b forex inflows, $45b reserves stabilise naira

June 6, 2019 12:06 am

Rising dollar inflows through the Investors’ and Exporters’ (I&E) Forex Window and foreign reserves accretion have stabilised the naira in the official and parallel markets.

The I&E Forex Window has attracted $48 billion to the economy in 24 months, the Central Bank of Nigeria (CBN) showed in its updated report on the dollar inflows.

The report also showed that foreign reserves have risen to $45 billion.

With improved availability of foreign exchange, the exchange rate at the I&E Forex window has remained stable over the past two years at an average of N360/$, and the parallel market exchange rate has …