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Punch Newspapers Sections Published 7 March 2021 THE recent rocket attack on Maiduguri, the Borno State capital, signals another dangerous dimension in the 11-year-old terrorist insurgency ravaging the country. In the deadly attack, rocket-propelled grenades were fired from the outskirts of the city into densely-populated neighbourhoods, killing 16 persons, wounding scores of others and spreading panic among the population of a fortified city brimming with refugees fleeing attacks in other part...

Sodiq Oyeleke and Kelvin EkereteIsrael Adesanya made his jabs felt in the third round while Blachowicz failed to take down Adesanya despite sev...

Punch Newspapers Sections KAYODE OYERO A chieftain of the Peoples Democratic Party in Lagos State, Chief Bode George, has said he will not stop criticising a former governor of the state, Asiwaju Bola Tinubu, as far as the state’s affairs are concerned. George claimed that the affairs of Lagos State started going in the wrong direction since Tinubu took control of the state in 1999. He claimed that all the beautiful legacies left by Tinubu’s predecessors, such as the late Alhaji Lateef Jaka...

On October 1, 1996, in a national broadcast to commemorate the 36th anniversary of Nigeria’s independence, the creation of six additional states to...

Punch Newspapers Sections Tunde Ajaja The Miyetti Allah Kautal Hore, a factional umbrella body for herdsmen in the country, has said it is opposed to the ban imposed on open grazing of cattle by South-West governors. It said the enforcement of the ban was tantamount to an eviction notice. This is however against the position of the Miyetti Allah Cattle Breeders Association of Nigeria, which at a meeting with some governors in Akure, the Ondo State capital, on January 25, said it agreed with th...

Tofarati Ige Arrangements have been concluded for the hosting of the Face of Beauty and Bride pageant at the International Culture and Events Cent...

CBN ‘naira-4-dollar’ policy may increase foreign remittance to $34bn Tope Omogbolagun The Central Bank of Nigeria’s ‘Naira-for-Dollar’ policy may increase the country’s foreign remittances to $34.89bn by 2023. Forecast by PricewaterhouseCoopers, one of the big four accounting firms, had suggested that Nigeria’s remittance flows could reach $34.89bn by 2023 if the policies were right. PwC in the forecast noted that the growth in remittances is subject to global economic forces, whi...

Punch Newspapers Sections ’Femi Asu Foreign portfolio investors sold Nigerian stocks valued at N30.79bn in the first month of this year, the latest data from the Nigerian Stock Exchange have shown. The NSE data also showed that the foreign inflows into the stock market stood at N16.73bn in January. Foreign portfolio investment outflow includes sales transactions or liquidation of portfolio investments through the stock market, while the FPI inflow includes purchase transactions on the NSE (eq...

Punch Newspapers Sections Temiloluwa O’Peters The African Development Bank Group has signed a $400,000 grant agreement with the Securities and Exchange Commission of Nigeria to strengthen securities market regulation and broaden market instruments. The bank said in a statement on Friday that the funds would go towards strengthening the risk-based supervision framework, regulation of derivatives and green bonds, and building capacity for green finance. It added that the grant, sourced from the...

Punch Newspapers Sections Mucuna pruriens is a member of the big family; Fabaceae. It is a lofty climber with pubescent stems. The flowers are deep purple to almost black. The fruit is densely clothed with rusty stinging hairs. I know of a fertility supplement for both male and female that is made in India and marketed by a popular pharmaceutical company in Nigeria. The list of its ingredients includes Mucuna pruriens. One of my maternal uncles, Mr Lanre Olaoba, shared an experience he had yea...