[Sponsored] Pastor Kumuyi Storms Ile-Ife For Crusade

The General Superintendent of the Deeper Christian Life Ministries, Pastor W. F. Kumuyi is expected in the ancient town of Ile-Ife in Osun state for a 2-day crusade starting on Tuesday, next week.

Kumuyi’s coming to Ile-Ife is a long anticipated one as he was expected early in the year in Ife. The crusade has been themed: Total Liberation for the Total Man

The 2-day programme will be featuring salvation from sin, healing from all sicknesses, deliverance from satanic oppression and lots more.

The venue of the programme is Oduduwa College, Ile-Ife.

Date: Tuesday, 21st July, 2015 by 4pm and on Wednesday, 22nd July, 2015.

You are enjoined to come for your interminable freedom. You must be there with your prayer requests.

Oliseh Officially Unveiled As New Super Eagles Head Coach

The Nigerian Football Federation, NFF has today officially unveiled former player, Sunday Oliseh as the new national football team head coach after signing a new contract in Abuja.

Oliseh takes over from the much embattled and sacked coach, Stephen Keshi.

OAU Lecturer Murdered Yesterday In Ile-Ife

A lecturer of the Department of Agricultural Economics, Obafemi Awolowo University, Dr R. Adejobi was reportedly murdered late yesterday evening in his Ile-Ife home.

Details later...

Id-el-fitr: FG Declares July 17, 20 Public Holidays

The Federal Government has declared July 17 and 20, 2015 as public holidays to the mark sallah celebration.

The Permanent Secretary, Ministry of Interior, Abubakar Magaji who made the declaration on Tuesday in Abuja, enjoined all Muslim faithful and Nigerians in general to extend the spiritual benefits of Ramadan, which include love, peace and sacrifice for the development of the nation.

He also urged Nigerians to support the administration of President Muhammadu Buhari “in his determination and sustained efforts towards building a peaceful, united and virile nation.”

Magaji further urged all Nigerians, both at home and abroad to use the occasion to pray for peace and unity across the nation.

The Permanent Secretary wished Nigerians a happy and joyous celebration.

Source: Punch

Naira Drops To A Record Low: N241 Against The Dollar

The naira hit another record low of 241 against the dollar at the parallel market on Monday as the Central Bank of Nigeria’s restrictions on foreign exchange sale fuelled unofficial trade in dollars, Reuters reported.

The ban on importers from accessing the Nigerian foreign exchange markets for the importation of 41 items had led to the volatility of the naira-dollar exchange rate at the black market.

Since June 23 when the new forex rule became operational, the naira has fallen by 10.5 per cent from 218 to 241 against the greenback.

Foreign exchange dealers said the artificial scarcity of the United States currency still pervaded the market.

The new forex rule had led to huge demand at the parallel market, causing dealers to hoard the dollar in anticipation of further fall in the naira
Economic analysts had said the CBN needed to devalue the naira to allow the local currency achieve an equilibrium price against the dollar.

The central bank had however said it would not be focusing on the thinly-traded parallel market when determining the exchange rate, adding that people preferred to use the unofficial market for undocumented transactions.

Foreign investors had been on the sideline, waiting for the CBN to devalue the naira before investing in naira-denominated assets.

Local and foreign analysts had predicted that the naira might hit 250 against the dollar at the parallel market any time soon if the artificial scarcity trend continued.

The central bank appears to be in a fix as the spread between the official and parallel market continues to widen by the day.

Meanwhile, stocks fell to a more than three-month low and the naira on Monday, Reuters reported.

The local bourse, which has the second-biggest weighting after Kuwait on the MSCI frontier market index, dropped for the ninth consecutive day as investors shed banking, consumer and oil shares.


Source: Punch

Crisis Rocks EPSA OAU As Part Three Students Boycott Election

By Durodola Abiola

The association body for students of urban and Regional Planning students in OAU, Environmental Planning Students Association (EPSA) is rocked with crisis over the eligibility of a candidate vying for the post of Vice president.

The department witnessed a shock move by some students of the department who are in their third year as they vowed not to vote and boycott the election that was held on Tuesday, July 7, 2015. There has been lots of argument in the department among students over the eligibility of a Vice Presidential aspirant. Some are of the opinion that anyone from the Part 2 constituency is eligible. However, the students who boycotted the election claim the post of the Vice President for the association should only be open to a part 3 or a part 5 student.

OAU Peeps News Agency reliably gathered that the aggrieved students including contestants among them decided not to participate in the election which eventually held and result has been released since its conclusion. The aggrieved students claim that the Electoral Committee members are been biased in their dealings throughout the electoral processes. While speaking with one of the students on the condition of anonymity, he said the electoral chairperson turned herself into a tyrant, imposing different rules which are not constitutional. He further opined that his classmates are fighting for what is right and will not accept the outcome of the election.
Another student in the class threatened that the entire Part 3 class will not participate in the departmental activities organized by the elected executives even if the election results are accepted by other levels. One of the class representatives also alleged the electoral chairperson to have left her duties and go on to inciting some students to purchase nomination form for various posts.

We further gathered that the issue has degenerated to a show off between the Part 3 Constituency members and those in other constituencies of the department. There are reports however that there is an ongoing peace talk that is involving the president-elect and some other lecturers in the department to ensure the stability of EPSA. All efforts to reach the electoral chairperson has been futile due to ongoing NASU crisis on campus.‎

NASELS Organizes Party, Awards Members

By Emmanuel Kayode

Amid tons of thorny grounds was it that the National Association of English and Literary Studies (NASELS), Obafemi Awolowo University Ile Ife, found a pore to plummet a happy moment for the ongoing NASU strike has paralysed almost everything on the campus.

The department had her annual award night, a night ago albeit there was not much turn up as expected for plenty off campus could not made their ways in due to the school gates which were shot but few that came testified it was filled with fun from the beginning to the end.

Many talented artists were present to perform during the party. The artistes include Emmanuel, Omo mummy just to mention few. Dancers including Mo Slim dance group also performed. Poem was recited by Jodekss Gloatkenf; just to mention few things that took place at the level of AUD II.
Awards were given to some students during the even. Part of the awards given include the most beautiful male and female, the most reserved, the most enterprising, best sportsman and woman, the most articulate and some others.

The party was scheduled to last few hours but it happened all night long.