Tuesday, April 25, 2017

Fredrick Nwabufo

    Jega disappointed me, says Jonathan

Jega disappointed me, says Jonathan

Despite conceding the 2015 presidential election, former president Goodluck Jonathan was not comfortable with how it was handled by Attahiru Jega, former chairman of the Independent National Electoral Commission (INEC).In an advance copy of ‘Against the Run of Play’, a book written by bestselling author Segun Adeniyi, and seen by TheCable, Jonathan said Jega disappointed him.“I was disappointed by Jega [...]

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    Police raid Goje’s Abuja residence

Police raid Goje’s Abuja residence

Men of the Nigerian ‎police force stormed the Abuja residence of Danjuma Goje, former governor of Gombe state, on Thursday evening.It was initially reported that operatives of the Economic and Financial Crimes Commission (EFCC) carried out a search, but it has not been confirmed that they were police officers.A source told TheCable that the security personnel were at the residence [...]

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    We’ve slashed MSMEs’ registration fees by 50 percent, says NAFDAC

We’ve slashed MSMEs’ registration fees by 50 percent, says NAFDAC

The National Agency for Food and Drug Administration and Control (NAFDAC) says it has reduced the fee for registering a product by 50 percent for micro small and medium enterprises (MSMEs).Anyakura Eze, representative of the director-general of the agency, disclosed this at the third economic communication workshop organised by the presidency in Abuja on Thursday.She said the new registration fee [...]

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    Nobody will stop us from fighting corruption, says Magu

Nobody will stop us from fighting corruption, says Magu

Ibrahim Magu, acting chairman of the Economic and Financial Crimes Commission (EFCC), says nobody will stop the agency from fighting corruption.Magu said this when he received a delegation from Ohaneze and Arewa youth parliaments in Abuja on Wednesday.“I have always emphasised that we do not have the monopoly of knowledge to fight corruption as corruption is a crime against humanity [...]

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    Three recommendations from the senate report that nailed SGF

Three recommendations from the senate report that nailed SGF

On December 14, 2016, the senate asked Babachir Lawal, secretary to the government of the federation, to immediately resign from office.This followed the recommendation of its ad hoc committee on the humanitarian crisis in the north-east, which had investigated the management of funds for internally displaced persons in the region by the Presidential Initiative on the North-East (PINE).PINE at the [...]

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    Advocates of Nigeria’s division won’t win, says Osinbajo

Advocates of Nigeria’s division won’t win, says Osinbajo

Vice-President Yemi Osinbajo has implored Nigerians not to allow those who want the country divided to have their way.Osinbajo said this when he received a delegation of Arewa Consultative Forum (ACF), the apex northern socio-political group, at the state house in Abuja.In a statement issued by Laolu Akande, his media aide, on Wednesday, the vice-president said the strength of the [...]

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    Saraki: Nigerians deserve to know the owner of monies seized in Ikoyi

Saraki: Nigerians deserve to know the owner of monies seized in Ikoyi

Senate President Bukola Saraki  has asked the Economic and Financial Crimes Commission (EFCC) to reveal the identity of the owner of the monies - $43m, £27,000 and N23m – that it discovered in a flat at a luxury building in Lagos.Operatives of the anti-graft discovered the monies at flat 7B, on 16 Osborne road, Ikoyi, Lagos, on April 12. But [...]

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    FG to weed out unregistered teachers before the end of 2017

FG to weed out unregistered teachers before the end of 2017

Olusegun Ajiboye, registrar of the Teachers Registration Council of Nigeria (TRCN), says teachers without professional certificates will be removed from classrooms by the end of the year.Ajiboye, who spoke in Ibadan on Tuesday, said the rule was in line with the government’s effort at removing quackery from the teaching profession.Explaining the relevance of professionalism to the education sector, Ajiboye said, [...]

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    ‘And people are shot at when they ask for Biafra’ — reaction to Buhari’s praise of Turkey’s referendum

‘And people are shot at when they ask for Biafra’ — reaction to Buhari’s praise of Turkey’s referendum

Some Nigerians have reacted to President Muhammadu Buhari’s congratulation of the government of Turkey on the successful conclusion of the country's referendum.On Monday, Turkey concluded a referendum, which was held to determine whether its president should have sweeping or executive powers.The country operates a parliamentary democracy in which presidents are often nominal heads.In a statement posted on Facebook by Femi [...]

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    IGP orders immediate dismantling of illegal road blocks

IGP orders immediate dismantling of illegal road blocks

Ibrahim Idris, inspector-general of police (IGP), has ordered the immediate dismantling of illegal road blocks across the country.According to Jimoh Moshood, spokesman of the Nigeria police,  the IGP has deployed special X-squad teams across the country to commence “the removal of all forms of illegal blockage of highways and roads, and other obstructions on public highways and roads created by [...]

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    China to build $1.5bn shoe industry in Aba

China to build $1.5bn shoe industry in Aba

Okezie Ikpeazu, Abia state governor, has secured a $1.5bn deal for the establishment of a shoe industry in Aba from Huajian Shoe Industry in Dongguan, Guangzhou, China.Enyinnaya Appolos, chief press secretary of the governor, disclosed this in a statement on Sunday.According to him, Ikpeazu secured the deal at a meeting with Zhang Huarong, group chairman of the Huajian Group in [...]

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    Lai: Looters now burying money in cemeteries, deep forests

Lai: Looters now burying money in cemeteries, deep forests

Lai Mohammad, minister of information and culture, says looters of public funds are now burying money in cemeteries and in deep forests.He said this in a statement issued by Segun Adeyemi, his spokesman, on Sunday.He said the whistle-blower policy had led to the recovery of looted funds in many currencies that might not have been discovered, describing it as an [...]

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    Yari: A cleric prophesied that Sanusi’s hypocrisy would bring doom to Nigeria

Yari: A cleric prophesied that Sanusi’s hypocrisy would bring doom to Nigeria

Abdulaziz Yari, Zamfara state governor, says Muhammad Sanusi II, emir of Kano, has been foretold to be an enemy of Islam.He said this in a statement issued by Ibrahim Dosara, his special adviser on public enlightenment and communication, on Saturday.At a summit in Kaduna on April 5, Sanusi flayed the governor for attributing the outbreak of meningitis in his state [...]

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    APC: We are determined to restore Nigeria on the path of growth

APC: We are determined to restore Nigeria on the path of growth

The All Progressives Congress (APC) says it is determined to restore Nigeria’s economy on the path of growth.The party said this in a goodwill message to Christians as they celebrate Easter.In the statement issued by Bolaji Abdullahi, its spokesman, the APC urged Nigerians to continue to support President Muhammadu Buhari as he works to fulfil the promises he made to [...]

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    $43m found in Ikoyi house belongs to Rivers, says Wike

$43m found in Ikoyi house belongs to Rivers, says Wike

Nyesom Wike, Rivers state governor, says the monies the Economic and Financial Crimes Commission (EFCC) found in an apartment on Osborne Street, Ikoyi, Lagos, belong to the state.Operatives of the anti-graft agency had raided the apartment on Wednesday, discovering $43m, £27,000, and N23m stashed in fireproof safes.A controversy had spiralled over the owner of the cash. But the National Intelligence [...]

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    EXTRA: Sanusi’s daughter represents him at event — first time a woman will do so for an emir

EXTRA: Sanusi’s daughter represents him at event — first time a woman will do so for an emir

Shahida Sanusi, daughter of Muhammad Sanusi II, emir of Kano, on Friday, represented him at the inaugural Chibok Girls' lecture held by the Bring Back Our Girls (BBOG) group.Shahida, who delivered Sanusi's speech at the event in Abuja, said her representing the emir would be the first time a non-title holder or woman would do so in the north.Earlier, the [...]

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Exchange Rates

April 24, 2017USDGBPEUR
INTERBANK310.33397.81337.26
LAGOS386490410
KANO385489410
PH390500420
ABUJA387500418
NOTE: The black market rates represent the most prevalent. They could be slightly higher or lower among different sellers.
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