Chinedu Asadu

    IPOB: Kanu ordered us to attack Amaechi… we are waiting for other politicians

IPOB: Kanu ordered us to attack Amaechi… we are waiting for other politicians

The Indigenous People of Biafra (IPOB) says its members attacked Rotimi Amaechi, minister of transportation, based on an order from Nnamdi Kanu, its leader.Emma Powerful, IPOB spokesman, disclosed this when TheCable sought his reaction to the attack on the minister.Powerful said a similar fate awaits “all corrupt politicians who brought hardship to the people.”TheCable had reported how members of the [...]

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    IPOB attacks Amaechi in Spain

IPOB attacks Amaechi in Spain

Suspected members of the Indigenous People of Biafra (IPOB) have attacked Rotimi Amaechi, minister of transportation, in Madrid, Spain.The attack took place on Friday, while he was on a "national assignment".In a message shared on his Twitter handle, Amaechi said the attackers were repelled by the Spanish police.“Some minutes ago, I was attacked by a few misguided Nigerians while on [...]

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    Aisha Buhari: Bad people have taken over the country from us

Aisha Buhari: Bad people have taken over the country from us

Aisha Buhari, wife of President Muhammadu Buhari, says "bad people" have taken over the country from people who are "supposed to be in charge".Aisha said this on Thursday during a phone-in interview on Television Continental (TVC)'s 'Journalists Hangout' programme.She said it is unacceptable that those who should be in control of the government have remained mute, while some persons are [...]

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    OBITUARY: Ajanaku, Nigeria’s first female LG chairperson imprisoned by Abacha for ‘attempted coup’

OBITUARY: Ajanaku, Nigeria’s first female LG chairperson imprisoned by Abacha for ‘attempted coup’

During the transition programme under the Olusegun Obasanjo administration in 1979, Obafemi Awolowo, first premier of the Western region, was to address some Nigerians in his hometown in Ikenne local government area of Ogun state. Among those who had joined the gathering was Titilayo Ajanaku, a former deputy state chairperson of the National Association of Nigerian Nurses and Midwives at [...]

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    IN DETAIL: 2020 budget — fastest since 1999

IN DETAIL: 2020 budget — fastest since 1999

The house of representatives has passed the 2020 appropriation bill of N10.59 trillion.The lower legislative chamber passed the budget at Thursday’s plenary session after considering the report of its committee on appropriations presented by Muktar Betara, the chairman.The senate earlier approved the same estimates for the 2020 fiscal year, making this appropriation bill the fastest to be passed since 1999. [...]

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    Group asks FG to establish special courts for rape cases

Group asks FG to establish special courts for rape cases

The Sexual Assault Referral Centre (SARC) in Nigeria conference has urged the federal government to establish special courts to try rape cases and other sexual offences in the country.At its network meeting in Abuja in Wednesday, the group said the measure would fast-track the prosecution and conviction of those found guilty of rape.The meeting was organised by the British Council [...]

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    Reps panel increases 2020 budget by N260bn

Reps panel increases 2020 budget by N260bn

The house of representatives committee on appropriations has recommended an increase in the 2020 budget by N260 billion.The committee’s recommendations were contained in its report presented at Wednesday’s plenary session by Muktar Betara, its chairman, thereby increasing the size of the appropriation bill from its initial N10.33 trillion to N10.59 trillion.On October 8, President Muhammadu Buhari presented a budget proposal of [...]

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    FAAN’s installs new security ‘checkpoint’ — liquid explosive detectors — at airports

FAAN’s installs new security ‘checkpoint’ — liquid explosive detectors — at airports

The Federal Airport Authority of Nigeria (FAAN) has acquired devices to detect hazardous liquid at the airports.Speaking when the liquid explosive detection system was recently launched, Hadi Sirika, minister of aviation, said the detectors would improve the security measures at airports, and effectively combat terrorism.The devices are specifically configured to identify the presence of potentially harmful and explosive liquid gels [...]

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    US envoy describes ‘hate speech bill’ as an ‘impressive piece of legislation’

US envoy describes ‘hate speech bill’ as an ‘impressive piece of legislation’

Jerry Howard, political officer of the US embassy in Nigeria, says he is impressed with the level of work done on the bill seeking to curb hate speech in the country.Howard said this on Tuesday when he visited Sabi Abdullahi, sponsor of the bill, in Abuja, according to a statement from the senator’s media office.The statement quoted him as saying [...]

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    How Niger rep died ‘in his sleep’ — after a trip to Lagos

How Niger rep died ‘in his sleep’ — after a trip to Lagos

Ja'afaru Iliyasu, a member of the house of representatives from Niger state, went to bed peacefully on Sunday night but did not wake up on Monday morning.Sources close to the late lawmaker confirmed that he died in his sleep after returning from a trip to Lagos state on Sunday.The deceased, who was based in Abuja, was in Lagos for a [...]

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    ‘It will check character assassination’ — Gov Abiodun backs social media bill

‘It will check character assassination’ — Gov Abiodun backs social media bill

Dapo Abiodun, governor of Ogun state, has expressed support for the proposed law to regulate social media in Nigeria.Speaking at an event to mark 160 years of journalism in Abeokuta, the state capital, on Monday, Abiodun said the law will help sanitise the social media and stem the rise of misinformation.A statement from Kunle Somorin, his chief press secretary, also [...]

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    Shehu Sani: We once rejected Buhari’s $30bn loan request to save Nigeria from recolonisation

Shehu Sani: We once rejected Buhari’s $30bn loan request to save Nigeria from recolonisation

Shehu Sani, ex-chairman of the committee on local and foreign debts in the previous senate, has defended the lawmakers’ decision to reject a $29.96 billion loan request from President Muhammadu Buhari.In a statement on Friday, Sani said the senate at the time rejected the request to save Nigeria from being ''recolonised by creditor banks''.The president first forwarded the request captured [...]

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    Like senate, house of reps approves VAT increase

Like senate, house of reps approves VAT increase

The house of representatives has approved the request by President Muhammadu Buhari to increase value added tax (VAT) from 5 percent to 7.5 percent.The lower legislative chamber approved the request during Thursday’s plenary session. Buhari sent the finance bill in October.The senate also passed the bill a week ago amid opposition from some lawmakers.The finance bill seeks to amend six tax [...]

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    Buhari writes senate over CAMA, seeks retention of AGF’s power to register companies

Buhari writes senate over CAMA, seeks retention of AGF’s power to register companies

President Muhammadu Buhari has written to the senate over the Companies and Allied Matters (CAMA) Act recently passed by the national assembly.In his letter read at plenary on Thursday, Buhari requested that the minister of justice and attorney-general of the federation should retain power to approve the registration of companies limited by guarantee.Earlier in the year, both chambers of the [...]

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    Nigeria’s pension assets hit N9.58 trillion

Nigeria’s pension assets hit N9.58 trillion

The National Pension Commission (PenCom) says its assets in the contributory pension scheme (CPS) have grown to N9.58 trillion.Aisha Dahir-Umar, acting director-general of the commission, said this on Thursday while speaking at a journalism workshop in Benin, Edo state capital.The commission’s assets are said to have grown by over N1 trillion in one year, and stood at N8.49 trillion in [...]

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    Buhari asks senate to approve multi-billion dollar loan request rejected under Saraki

Buhari asks senate to approve multi-billion dollar loan request rejected under Saraki

President Muhammadu Buhari has again sent a request to the senate to approve the federal government’s 2016-2018 external borrowing plan.The president made the request via a letter addressed to Senate President Ahmad Lawan on Thursday.The president first sent the loan request originally estimated at $29.960 billion in 2016, but it was rejected by the senate under the leadership of Bukola [...]

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Exchange Rates

January 02, 2019USDGBPEUR
INTERBANK306397354
LAGOS355444389
KANO354445370
PH355447412
ABUJA356454413
NOTE: The black market rates represent the most prevalent. They could be slightly higher or lower among different sellers.
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