Thursday, November 15, 2018

Dyepkazah Shibayan

    Buhari asks reps for approval to borrow $30bn

Buhari asks reps for approval to borrow $30bn

President Muhammadu Buhari has requested that the house of representatives approve of a federal government (2016-2018) external borrowing plan to the sum of $29.960 billion.Buhari also sought a slight amendment of Budget 2016, asking that a total of N180 billion be moved from various line items to the the other in the country's appropriation act.In a letter read on the [...]

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    Oshiomhole ‘not interested’ in whether Obaseki betrays him or not

Oshiomhole ‘not interested’ in whether Obaseki betrays him or not

Adams Oshiomhole, governor-elect of Edo state, says Godwin Obaseki, the governor-elect, can only disappoint the state and not him because he is an individual among four million people.Speaking with journalists on Monday at the state house, Oshiomhole said conflict arises only when one refuses to accept that his or her tenure is over.He said one of the reasons he was [...]

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    Jimoh Ibrahim’s $1m bribery allegation is false, says INEC

Jimoh Ibrahim’s $1m bribery allegation is false, says INEC

The Independent National Electoral Commission (INEC) says the claim by Jimoh Ibrahim, the Peoples Democratic Party (PDP) governorship candidate in Ondo, that an official demanded $1 million to accept his governorship nomination forms, is false.Adedeji Soyebi, national commissioner in charge of publicity, said when Ibrahim visited the commission, Toyin Babalola, whom he accused of demanding the bribe, had called three [...]

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    Omokri urges Buhari to sack ‘that your Amaechi, the minister’

Omokri urges Buhari to sack ‘that your Amaechi, the minister’

Reno Omokri wants President Muhammadu Buhari to fire Rotimi Amaechi, minister of transport, and other officials accused corruption.Omokri, who was special assistant on  new media to Goodluck Jonathan, former president, on new media, said this on Sunday while reacting to Buhari's comment that officials in his administration were accused of corruption without evidence.He said it was unfair that people accused [...]

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    MEND: We’ve ceased fire but Buhari hasn’t released the Okah brothers

MEND: We’ve ceased fire but Buhari hasn’t released the Okah brothers

The Movement for the Emancipation of the Niger Delta (MEND) says its ceasefire in the Niger Delta region has led to an increase in the production of crude oil and gas for the country, but the government is yet to keep up with its own bargain of releasing the Okah brothers, Charles and Henry.The group also said the forthcoming meeting between [...]

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    Lagos to arraign kidnappers of Iba monarch Monday

Lagos to arraign kidnappers of Iba monarch Monday

The Lagos state government says it will arraign the suspected kidnappers, Yishau Goriola Oseni, the Oniba of Iba, before a high court in Igbosere on Monday.The incident led to death of one Sunday Eniola Okanlawon, a palace security guard and Joseph Okeke a commercial motorcycle rider.In a statement on Sunday, Adeniji Kazeem, attorney-general and commissioner for justice, said the four [...]

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    Jimoh Ibrahim: An INEC official demanded $1m bribe to accept my nomination forms

Jimoh Ibrahim: An INEC official demanded $1m bribe to accept my nomination forms

Jimoh Ibrahim, governorship candidate of Peoples Democratic Party (PDP) in Ondo state, says an official of the Independent National Electoral Commission (INEC) demanded $1 million to accept his governorship nomination forms.In an interview with PUNCH, Ibrahim said the corruption within the electoral body was alarming.He said when he obtained his governorship nomination forms from the Ali Modu Sheriff led PDP, the [...]

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    FFK: Buhari arresting PDP members instead of fighting recession

FFK: Buhari arresting PDP members instead of fighting recession

Jude Ndukwe, media aide to Femi Fani-Kayode, director, media and publicity of the Goodluck Jonathan presidential election campaign, says the federal government is dealing with its perceived enemies instead of tackling the recession.His aide said this while reacting to the arrest of the Fani-Kayode, who was picked by operatives of the EFCC operatives just as he stepped out of the federal high [...]

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    We don’t need to steal your ideas, Buhari’s daughter tells BBOG

We don’t need to steal your ideas, Buhari’s daughter tells BBOG

The Africa Support and Empowerment Initiative (AFRISEI), a non-governmental organisation (NGO), says it does not need to steal ideas from the Bring Back Our Girls (BBOG) movement to contribute it's own assistance to the Chibok community.Hadiza Buhari-Bello, president of AFRISEI and President Muhammadu Buhari's daughter, and Don Uche, its secretary, said this on Friday while reacting to a statement from [...]

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    All institutions of government are corrupt, says Osinbajo

All institutions of government are corrupt, says Osinbajo

Vice President Yemi Osinbajo says all the institutions of government in the country are corrupt.Speaking on Friday at the 2016 convocation ceremony of the Afe Babalola university in Ekiti state, Osinbajo said re-orientation is key in the fight against corruption in the country.He spoke of his "great respect" for Afe Babalola, a chief and senior advocate of Nigeria, "because of his stand [...]

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    Dasuki’s corruption trial to commence November 16

Dasuki’s corruption trial to commence November 16

A high court in Abuja has ruled that the trial of Sambo Dasuki, former National Security Adviser (NSA), will commence on November 16.Dasuki is accused of diverting about $2.1 billion meant to purchase arms to combat the Boko Haram insurgency in the north east.On Wednesday, Rotimi Jacobs, counsel to the federal government, and Joseph Daudu, counsel to Dasuki, had agreed [...]

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    Jibrin slams N1bn suit on reps after suspension

Jibrin slams N1bn suit on reps after suspension

Abdulmumin Jibrin, suspended member of the house of representatives, says he has filed fresh charges against the lower chamber of the national assembly, seeking, among seven reliefs, N1 billion in damages.In a statement on Friday, Chukwuma Nwachukwu, his counsel, said Jibrin asked the court to declare that the resolution passed by the house suspending him was in breach of Section [...]

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    Justice Ngwuta: Amaechi wanted to influence Ekiti, Rivers appeals

Justice Ngwuta: Amaechi wanted to influence Ekiti, Rivers appeals

Justice Sylvester Ngwuta, a judge of the supreme court, says the raid by the Department of State Services (DSS) on his home was because he did not influence appeals from the Ekiti and Rivers elections in favour of the All Progressives Congress (APC).In a letter dated October 18 and addressed to Mahmoud Mohammed, the chief justice of Nigeria (CJN), Ngwuta [...]

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    Banning IMN is like banning Islam, Shi’ites tell el-Rufai

Banning IMN is like banning Islam, Shi’ites tell el-Rufai

The Islamic Movement in Nigeria (IMN), also known as the Shi'ia sect,says the ban on its movement by the Kaduna state government shows that it is intolerant of religions in the minority.Likening the ban to outlawing the practice of Islam, Ibrahim Musa, spokesman of the group, said if it was left unchallenged it would lead to the ban of other religions [...]

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    Arewa youths: DSS raid on judges’ homes shows Buhari is protecting citizens’ right

Arewa youths: DSS raid on judges’ homes shows Buhari is protecting citizens’ right

Northern youths under the platform of Arewa Youth Leaders Forum (AYLF) have described the recent raid on judges' homes by the Department of State Services (DSS) as proof of President Muhammadu Buhari's determination to ensure that corruption does not deny citizens their rights.Addressing a press conference on Thursday in Abuja, Abubakar Abubakar, president of the group, extolled Buhari for his respect to the [...]

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    Senate threatens to ‘invoke powers’ against Enelamah

Senate threatens to ‘invoke powers’ against Enelamah

The senate has threatened to come down hard on Okechukwu Enelamah, minister of industry, trade and investment, over his failure to participate in the investigative hearing on the alleged illegal repatriation of $13.92billion out of the country by MTN.The minister, who owns CELTELCOM and is said to have invested in MTN, was to explain before the senate committee on banking, [...]

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Exchange Rates

November 13, 2018USDGBPEUR
INTERBANK306397354
LAGOS359475418
KANO359476420
PH360476420
ABUJA359478419
NOTE: The black market rates represent the most prevalent. They could be slightly higher or lower among different sellers.
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