Thursday, February 23, 2017

Fredrick Nwabufo

    For the third time, Saraki pleads not guilty to false asset declaration charges

For the third time, Saraki pleads not guilty to false asset declaration charges

‎Senate President Bukola Saraki has pleaded not guilty to charges of false asset declaration a third time.The federal government had amended the charges it filed against Saraki, necessitating a fresh plea.On February 8, Rotimi Jacobs, the prosecution counsel, brought a notice of an amendment to the charges before the Code of Conduct Tribunal (CCT).He said the amendment was based on [...]

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    EXCLUSIVE: EFCC to grill Melaye, AMMC on Saraki’s ‘invisible’ N125m house

EXCLUSIVE: EFCC to grill Melaye, AMMC on Saraki’s ‘invisible’ N125m house

The Economic and Financial Crimes Commission (EFCC) will invite Dino Melaye, chairman senate committee on FCT, for questioning over an “invisible” N125 million building purportedly rented for the senate president, TheCable has learnt. The commission will also invite officials of the Abuja Metropolitan Management Council (AMMC) for interrogation. The property is said to be located at Plot 973, Mban Close, off Pope [...]

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    POLL: Do you support Osinbajo’s rejection of four n’assembly bills?

POLL: Do you support Osinbajo’s rejection of four n’assembly bills?

Acting President Yemi Osinbajo on Wednesday rejected four bills the national assembly had passed.The bills which Osinbajo refused to sign into law are – Dangerous Drug Amendment Bill, 2016; National Lottery Bill, 2016; Currency Conversion Freezing Order Amendment Bill, 2016, and Agriculture Guarantee Scheme Fund Amendment Bill, 2016.He said assent to some of the bills was withheld due to “concerns regarding [...]

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    Osinbajo rejects four national assembly bills

Osinbajo rejects four national assembly bills

Acting President Yemi Osinbajo has declined approving four bills the national assembly forwarded to the executive for assent.Osinbajo conveyed his decision in a letter read on the floor of the senate by Bukola Saraki on Wednesday.The bills are -  Dangerous Drug Amendment Bill, 2016; National Lottery Bill, 2016; Currency Conversion Freezing Order Amendment Bill, 2016, and  Agricultural Credit Scheme Bill, [...]

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    Yes, I gave Ademola N500,000 but it was a gift, says Buhari’s lawyer

Yes, I gave Ademola N500,000 but it was a gift, says Buhari’s lawyer

Kola Awodein, senior advocate of Nigeria (SAN), on Wednesday, admitted to giving Adeniyi Ademola, a judge facing corruption trial, N500,000, but he said it was a gift for the wedding of the judge's daughter.While being cross-examined in the trial of the judge on Tuesday, Babatunde Adepoju, an agent of the Department of State Services (DSS), claimed that Awodein gave Ademola [...]

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    PDP caucus asks Saraki to remove Andy Uba from senate

PDP caucus asks Saraki to remove Andy Uba from senate

The senate caucus of the Peoples Democratic Party (PDP) has asked Senate President Bukola Saraki to sack Andy Uba from the senate.Uba, who represents Anambra south at the upper legislative chamber, formally announced his defection from the PDP to the All Progressives Congress (APC) on Tuesday.Speaking after Saraki read a letter conveying Uba's decision on the floor of the senate, [...]

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    Saraki reads Osinbajo’s letter on Onnoghen’s confirmation

Saraki reads Osinbajo’s letter on Onnoghen’s confirmation

Senate President Bukola Saraki on Tuesday read a letter from Acting President Yemi Osinbajo requesting the confirmation of Walter Onnoghen as the chief justice of Nigeria (CJN).Onnoghen has been acting CJN since November 10, 2016 when Mahmud Mohammed, his predecessor, retired.A controversy had brewed over President Muhammadu Buhari's delay in sending his name to the senate for confirmation as CJN.But [...]

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    Buhari needs longer period of rest, says Femi Adesina

Buhari needs longer period of rest, says Femi Adesina

Femi Adesina, presidential spokesman, on Tuesday, said the medical tests of President Muhammadu Buhari showed he needed more time to rest.Buhari, who has been on vacation in the United Kingdom since January 19, was scheduled to return to the country on February 6.But a day before the scheduled time, Adesina announced that the president had extended his stay because he [...]

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    APC harassing all institutions of democracy, says Ekweremadu

APC harassing all institutions of democracy, says Ekweremadu

Ike Ekweremadu, deputy senate president, says the All Progressives Congress (APC) is manipulating and harassing all institutions of democracy.He said this at the Peoples Democratic Party (PDP) stakeholders’ meeting in Abuja on Monday.In a statement issued by Uche Anichukwu, his media aide, Ekweremadu said the solidarity of all key organs and bodies of the PDP with Ahmed Makarfi's national caretaker [...]

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    Makarfi’s PDP: Nothing but poison can come from Sheriff, we reject his peace move

Makarfi’s PDP: Nothing but poison can come from Sheriff, we reject his peace move

The Ahmed Makarfi faction of the Peoples Democratic Party (PDP) has rejected the hand of fellowship offered by Ali-Modu Sheriff, describing it as a Greek gift.Sheriff had urged the faction to work with him to rebuild the party.But in a communiqué issued at the end of its stakeholders’ meeting in Abuja on Monday, the faction said it had filed an [...]

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    Jibrin: When Osinbajo gives instruction, some people run to Buhari in London

Jibrin: When Osinbajo gives instruction, some people run to Buhari in London

Abdulmumin Jibrin, suspended member of the house of representatives, says there may be cracks in the government if "some people" start questioning the instructions of Acting President Yemi Osinbajo.In a series of tweets on Monday, Jibrin said some people run to see President Muhammadu Buhari in London to ask if he agrees with instructions given by Osinbajo.He advised Buhari to [...]

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    Fayose hosts Makarfi’s PDP as police seal off venue of Abuja meeting

Fayose hosts Makarfi’s PDP as police seal off venue of Abuja meeting

The police have prevented the Ahmed Makarfi faction of the Peoples Democratic Party (PDP) from converging on the International Conference Center (ICC) for a meeting.Makarfi's group chose the venue after the ruling of the appeal court which recognised Ali Modu Sheriff as the legitimate chairman of the PDP.On Friday, an appeal court sitting in Port Harcourt ruled in favour of [...]

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    Nigeria warns South Africa, says further attacks may have dire consequences

Nigeria warns South Africa, says further attacks may have dire consequences

Abike Dabiri-Erewa, senior special assistant to the president on foreign affairs and the diaspora, says further attacks on Nigerians resident in South Africa may have dire consequences.The Nigerian community in South Africa experienced two major attacks in the last one week.Ikechukwu Anyene, president of Nigeria Union in South Africa, had raised the alarm over the attacks and looting of Nigerian-owned businesses in Pretoria [...]

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    Makarfi’s PDP rejects Sheriff, says APC wants one-party state

Makarfi’s PDP rejects Sheriff, says APC wants one-party state

The Ahmed Makarfi faction of the Peoples Democratic Party (PDP) has blamed the All Progressives Congress (APC) for its loss of the party's leadership to Ali Modu Sheriff.On Friday, the Port Harcourt division of the appeal court declared Ali Modu Sheriff as the authentic national chairman of the PDP.But the Makarfi faction has rejected the decision of the court,  vowing [...]

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    Appeal court declares Sheriff ‘legitimate PDP chairman’

Appeal court declares Sheriff ‘legitimate PDP chairman’

The Port Harcourt division of the appeal court has ruled that Ali Modu Sheriff is the legitimate chairman of the Peoples Democratic Party (PDP).A three-man panel of justices delivered judgment on the PDP leadership tussle - between Sheriff and Ahmed Makarfi on Friday.While two ruled in favour of Sheriff, the remaining one supported Makarfi.This judgment is one in a series [...]

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    EFCC arraigns contractor over alleged $1m fraud

EFCC arraigns contractor over alleged $1m fraud

The Economic and Financial Crimes Commission (EFCC) on Thursday arraigned one Bashir Ishaq Bashir before S E Aladetoyinbo, justice of the Federal Capital Territory (FCT) high court, Maitama, on a three-count charge of obtaining by false pretence and cheating to the tune of $1m.According to a statement issued by Wilson Uwujaren, EFCC spokesman, Bashir allegedly collected the said sum as part payment [...]

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Exchange Rates

Feb 23, 2017USDGBPEUR
INTERBANK314.75392.27331.90
LAGOS490600500
KANO500625525
PH500630530
ABUJA498620525
NOTE: The black market rates represent the most prevalent. They could be slightly higher or lower among different sellers.
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