Author: TheSightNews .

Stanley Chuck, The Sight News Chelsea head coach Antonio Conte has discussed with the club’s hierarchy the possibility of bringing in Arsenal’s Alexis Sánchez to Stamford Bridge in the summer transfer. The Italian Manager is in talks with Chelsea over a new contract and, as part of that, summer transfers have been discussed. Meanwhile, Conte has submitted to the club’s recruitment team, effectively headed by the director Marina Granovskaia and technical director Michael Emenalo, a list of players he would like to sign, with Sánchez and a left-sided defender among the priorities. However, Sánchez, 28, has become increasingly frustrated with…

Yetunde Verissimo, The Sight News Abuja-The Federal government has approved a sum of 30billion Naira from the natural resources fund to help promote exploration for new minerals and also support artisan mining in the country. The Minister of Mines and Steel Dr. Fayemi Kayode who said this at the 53rd Annual International Conference and Exhibition of the Nigerian Society for Mining and Geosciences, on Tuesday in Abuja, also said that the Nigerian Mining industry had the capacity to generate N5 trillion annually from mining and exporting of its vast Solid mineral with an anticipated mining Gross Domestic Product(GDP) of over…

The Central Bank of Nigeria (CBN), has on Tuesday crashed the rate at which it sells forex to Bureaux De Change (BDCs) in Nigeria to N360 and directed the BDCs to sell to end users at not more than N362/$1. The CBN Acting Director of Corporate Communications, Isaac Okorafor who confirmed the directive in Abuja, disclosed that the CBN, under the new policy, will sell forex to the licensed BDCs at the rate of N360/$1, while they will in turn sell to customers at a rate not more than N362/$1. Okorafor said the objective of the new forex sale…

The Minister of State for Aviation, Senator Hadi Sirika has said that he will resign his appointment if the Nnamdi Azikiwe International Airport (NAIA) that was shut down for runway maintenance is not ready on schedule. The airport was closed for traffic on March 8, 2017 and is expected to re-open on April 19, 2017. Speaking in Lagos during an interaction with members of the Aviation Round Table (ART), Sirika said the decision to shut down the airport and divert traffic to Kaduna Airport was the right thing to do. The minister who argued that Kaduna Airport has the edge…

The Minister of Finance, Mrs. Kemi Adeosun has over the weekend announced that Capital releases to Federal Ministries, Departments and Agencies (MDAs) for the 2016 budget, have reached a record of N1 trillion. Making the declaration in a statement signed by the Director, Information, Salisu Dambatta, Adeosun revealed that the N1 trillion mark is the highest ever budgetary releases in Nigeria’s annual funding for capital projects. She said; “So far, N1 trillion has been released on capital and this is the highest so far in the history of this country. With the current stability in oil price and the return…

By Daniels Nwokike The General Court Marshal (GCM) of 7 Division, Nigerian Army sitting in Maiduguri, Borno State has disciplined three of its personnel for assault and indiscipline which clearly goes against military code of conduct. In a statement made available to newsmen, the Deputy Director Army Public Relations 7 Division, Lieutenant Colonel Kingsley Samuel said that a soldier serving with Operation LAFIYA DOLE in Maiduguri was sentenced to two years imprisonment for assault while another lost seniority for prejudice to military discipline. According to him,”The soldier alleged to have committed the offence on a minor was found guilty…

Abuja-The United States dollar is set to crash further this week as the Central Bank of Nigeria (CBN) plans yet another round of interventions in the interbank market. There were indications at the weekend that the CBN planned to pump in more foreign exchange into the interbank space to meet the demands of genuine wholesale and retail customers as well as strengthen the value of the Naira against other international currencies. The planned move by the CBN, sources say, will further firm up the Naira against other currencies as the exchange rates of the greenback and the United Kingdom Pound…

Daniels Nwokike, The Sight News Abuja-The Nigeria Immigration Service (NIS) has on Thursday announced the introduction of liberalised online Visa on Arrival (VoA) facility to the general public especially the Business Community. The VoA application and processing facility is a product of exhaustive and robust visa reforms regime intended to bring Nigeria at par with global best practices in the facilitation of entry and exit of high net worth Foreign Direct Investors and skilled professionals into the Country and in line with Presidential Enabling Business Environment Council (PEBEC). Disclosing these in a statement signed by the Service PRO, Mr…

Abuja-The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Peterside has stated that the Agency will not rest on its oars until the full implementation of the International Ship and Port Facility Security (ISPS) code is attained in Nigeria. Peterside who made this assertion during the opening of the ISPS code Auditors’ Training conducted by the International Maritime Organisation (IMO) in conjunction with NIMASA in Lagos recently, noted that the Agency being the Designated Authority (DA) for the implementation of the code in Nigeria, has embraced relevant trainings to acquaint its operational Staff of…

Daniels Nwokike, The Sight News Abuja- The Minister of Power, Works and Housing, Babatunde Raji Fashola, has said that the National Housing Programme is assisting states to create jobs as both professionals, skilled and unskilled labour were being engaged. Disclosing this in a statement signed by the AD Information, Mrs.Eno Olotu,Fashola explained that the housing initiative will enhance the dignity of Nigerians as it will promote home ownership and expressed optimism that the effort will further aid economic recovery and bring Nigeria out of recession as more Nigerians continue to be gainfully employed through it. The Minister who spoke…