Friday, September 21, 2018

Chinedu Asadu

    Peter Ameh, PPA chairman, elected head of IPAC

Peter Ameh, PPA chairman, elected head of IPAC

The Inter-Party Advisory Council (IPAC) has elected new executives to steer its affairs ahead of the 2019 general election.At an election conducted in Abuja on Wednesday, Peter Ameh, national chairman of Progressive People’s Alliance (PPA), emerged new chairman of the council.He polled 51 votes to defeat his closest rival, Chekwas Okorie of the United Peoples Party (UPP), who got 28 [...]

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    Wike gives condition for allowing Rivers officials appear before EFCC

Wike gives condition for allowing Rivers officials appear before EFCC

Nyesom Wike, governor of Rivers, says officials of the state government will appear before the Economic and Financial Crimes Commission (EFCC) only if the anti-graft agency follows the rule of law.The EFCC had invited and quizzed Peter Amangbo, managing director of Zenith Bank, over alleged N117 billion transaction by the state government in the past three years.The anti-graft agency is [...]

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    Akpabio still under investigation, says Magu

Akpabio still under investigation, says Magu

Ibrahim Magu, acting chairman of the Economic and Financial Crimes Commission (EFCC), says Godswill Akpabio, former minority leader of the senate, is still under investigation.Akpabio, who left office as governor of Akwa Ibom state in 2015, had been grilled on several occasions by the EFCC over allegations of fraud.Leo Ekpenyong, a lawyer and activist, had petitioned the anti-graft agency, accusing [...]

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    PDP: Six APC governors joining us soon

PDP: Six APC governors joining us soon

The Peoples Democratic Party (PDP) says six governors in the All Progressives Congress (APC) will join its fold soon.Kola Ologbondiyan, PDP spokesman, said also heading to the party are 27 members of the national assembly in the ruling party.Ologbondiyan, who did not disclose the names of the governors and lawmakers, said the move is an aftermath of discussions the party [...]

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    Femi Adesina to Atiku: Mind your language against Buhari

Femi Adesina to Atiku: Mind your language against Buhari

Femi Adesina, presidential spokesman, has condemned a statement credited to former Vice-President Atiku Abubakar that President Muhammadu Buhari is “power drunk”.Abubakar, who is a presidential aspirant of the Peoples Democratic Party (PDP), was quoted as saying Buhari is “very uncompromising, power drunk (and) will not be ready to leave power without a fight.”Reacting on Wednesday, Adesina said it is true [...]

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    Retired general joins Gombe governorship race

Retired general joins Gombe governorship race

Sylvester Audu, a retired army general, has joined the governorship race in Gombe state under the platform of the Peoples Democratic Party (PDP).Audu picked his nomination form at the party's secretariat in Abuja on Wednesday.Addressing journalists, he said he is contesting the election in response to the “consistent yearnings of the people of Gombe state.”Audu, who was a commandant of [...]

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    Presidency: Yusuf Buhari not on social media.. beware of impersonators

Presidency: Yusuf Buhari not on social media.. beware of impersonators

The presidency says Yusuf, son of President Muhammadu Buhari, is being impersonated on various social media platforms.Femi Adesina, presidential spokesman, said on Wednesday that Yusuf does not have any social media account.Adesina pointed out a fake Instagram account bearing Yusuf's name, saying it has thousands of followers, however, TheCable found that the account mentioned, @ymbuhari, has no post.“The most recent is [...]

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    IGP orders arrest of policemen who invaded Edwin Clark’s residence

IGP orders arrest of policemen who invaded Edwin Clark’s residence

Ibrahim Idris, inspector-general of police, has ordered the detention of the policemen who invaded the Abuja residence of Edwin Clark, an Ijaw leader.In a statement, Jimoh Moshood, police spokesman, said the policemen, did so without approval from the authorities.TheCable had reported how the policemen invaded Clark's residence around 1:30pm on Tuesday, after presenting a search warrant to the elder statesman.Clark had [...]

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    ‘I’ll fix the economy in two years’ — David Mark joins presidential race

‘I’ll fix the economy in two years’ — David Mark joins presidential race

Former Senate President David Mark has joined the presidential race, promising to fix the economy in two years.Addressing officials of the Peoples Democratic Party (PDP) when he picked the presidential nomination form at the party's secretariat in Abuja on Tuesday, Mark said his military background is an added advantage.He retired as a brigadier general in the Nigerian army.Mark said judging [...]

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    Akpabio: Boko Haram operated freely when PDP was in charge

Akpabio: Boko Haram operated freely when PDP was in charge

Godswill Akpabio, former senate minority leader, has commended the current administration's efforts in fighting Boko Haram insurgents.He said unlike the era of the Peoples Democratic Party (PDP) when insurgents “moved around freely”, they are no longer in control of any territory in the north-east.Akpabio was in the PDP for more than 16 years — as a commissioner, governor and senator — [...]

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    Berlin conference pledges $2.5bn for Boko Haram war

Berlin conference pledges $2.5bn for Boko Haram war

The international donor conference on Boko Haram has pledged $2.52 billion to help countries in the Lake Chad Basin in the fight against insurgency.The conference, currently holding in Berlin, Germany, made the pledge on Monday.Germany’s foreign ministry said the aid will be disbursed “in the coming years” to Nigeria, Chad, Niger and Cameroon, where Boko Haram insurgents have continued to [...]

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    2019: David Mark ‘most likely’ to run for president

2019: David Mark ‘most likely’ to run for president

Former Senate President David Mark is “most likely” to run for president in 2019, his spokesman has said.If interested in the position, Mark would run under the platform of the Peoples Democratic Party (PDP).Paul Mumeh, his media aide, told TheCable on Monday that the former number three citizen is likely joining the race soon.He currently represents Benue south in the [...]

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    Ekweremadu: I donated N5m to APC after Ngige asked for help in 2014

Ekweremadu: I donated N5m to APC after Ngige asked for help in 2014

Ike Ekweremadu, deputy senate president, says he gave the All Progressives Congress (APC) N5 million to help it gain grounds in 2014.Addressing his constituents in Enugu on Sunday, Ekweremadu said he extended the gesture because Chris Ngige, minister of labour and productivity, asked him for the “help”.Various political parties came together to form the APC merger in the bid to [...]

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    FACT CHECK: Did any court say the rule of law is subject to national interest?

FACT CHECK: Did any court say the rule of law is subject to national interest?

President Muhammadu Buhari’s comment on the rule of law and national interest has generated vigorous debate about whether the president is mocking Nigeria’s constitution and its foundation or actually stating the obvious.While delivering an address at the annual general conference of the Nigerian Bar Association (NBA) in Abuja on August 26, Buhari had said: “Rule of Law must be subject [...]

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    Ex-bank MD replaces Balarabe as chairman of PRP

Ex-bank MD replaces Balarabe as chairman of PRP

Falalu Bello has been named the new national chairman of the Peoples Redemption Party (PRP). Bello, a former managing director, Bank of the North, was elected at the party's national delegates conference held in Kaduna.He replaces Balarabe Musa, who stepped down from the position on Friday.The new national officers of the party and members of boards of trustees were also ratified [...]

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    HEDA asks court to compel IGP to probe Adeosun’s NYSC certificate

HEDA asks court to compel IGP to probe Adeosun’s NYSC certificate

The Human and Environmental Development Agenda Resource Centre (HEDA) has filed a motion exparte before the federal high court in Lagos seeking the probe of Kemi Adeosun, minister of finance.HEDA has requested an order compelling Ibrahim Idris, inspector-general of police (IGP), to investigate the allegations of certificate forgery against the minister.Premium Times had reported that Adeosun forged an exemption certificate [...]

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Exchange Rates

September 21, 2018USDGBPEUR
INTERBANK360.45480.18420.32
LAGOS360485425
KANO361483423
PH362482423
ABUJA362481423
NOTE: The black market rates represent the most prevalent. They could be slightly higher or lower among different sellers.
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