Thursday, November 15, 2018

Jamilah Nasir

    Ibori loses UK conviction appeal, heads for European court

Ibori loses UK conviction appeal, heads for European court

James Ibori, a former governor of Delta state, has lost the bid to appeal his conviction by a UK court.In a swift response, he has instructed his lawyers to file a case at the European court of human rights.A UK court had convicted Ibori and Bhadresh Gohil, his lawyer, of money laundering.Ibori, who served as Delta governor from 1999 to 2007, [...]

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    Nigeria visit: Archbishop of Canterbury ‘strictly neutral’ on 2019 elections

Nigeria visit: Archbishop of Canterbury ‘strictly neutral’ on 2019 elections

The office of Justin Welby, Archbishop of Canterbury, says his meetings with President Muhammadu Buhari and Atiku Abubakar, presidential candidate of the Peoples Democratic Party (PDP), have no political undertone.The archbishop was a keynote speaker at a conference where he delivered a paper titled 'Towards 2019 Elections: the moral actions for the common good of Nigeria'.After the event on Saturday [...]

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    Today marks the end of an error, Fayemi tells Ekiti people

Today marks the end of an error, Fayemi tells Ekiti people

Kayode Fayemi, governor of Ekiti, says his second term in office is to heal the wounds of the people.Fayemi was sworn in on Tuesday at the Olukayode Fayemi Stadium in Ado-Ekiti, the state capital.He said the arrival of his government marks the end of the past administration which he described as an “error”.Fayemi takes over the leadership of Ekiti from [...]

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    Fayose to EFCC: I will not beg for bail… just give me a bed

Fayose to EFCC: I will not beg for bail… just give me a bed

Ayodele Fayose, outgoing governor of Ekiti, says he has readied the bed and pillow clothes he will use at the office of the Economic and Financial Crimes Commission (EFCC).Speaking during a farewell dinner organised for him by the Peoples Democratic Party (PDP), Fayose said he will not beg the anti-graft agency for bail.The governor said he will intensify his criticism [...]

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    Kukah: How I convinced Obasanjo to end the feud with Atiku

Kukah: How I convinced Obasanjo to end the feud with Atiku

Mathew Kukah, Catholic bishop of Sokoto diocese, has explained how he convinced ex-President Olusegun Obasanjo to reconcile with Atiku Abubabar, former vice-president.Obasanjo had on Thursday played host to Kukah, Ahmad Gumi, a Kaduna-based Islamic cleric; and David Oyedepo, founder of Living Faith Church Worldwide, and some top politicians and civil rights activists at his hill-top residence in Abeokuta, Ogun state.The [...]

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    NCC appoints Nwokike as director of public affairs

NCC appoints Nwokike as director of public affairs

The Nigerian Communications Commission (NCC) has appointed Nnamdi Nwokike as director of its public affairs.Nwokike’s appointment follows the retirement of Tony Ojobo who attained the mandatory age of 60 years.Prior to this new position, Nwokike, 58, was the director, corporate strategy planning and risk management of the NCC.His appointment took effect from October 8, 2018.Nwokike's career in NCC began in [...]

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    CLOSE-UP: Peter Obi, the billionaire who flies economy class

CLOSE-UP: Peter Obi, the billionaire who flies economy class

He owns a bank, controls many international franchises in Nigeria and has shares worth billions of naira in blue chip companies -- but you are more likely to run into Peter Gregory Obi on a commercial flight than a private jet. You could even meet him sitting comfortably in economy class when he cannot get seats in business. Obi is [...]

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    Group petitions Buhari over NJC’s recommendation of Abba-Aji as supreme court judge

Group petitions Buhari over NJC’s recommendation of Abba-Aji as supreme court judge

The Civil Society Network Against Corruption (CSNAC), a non-governmental organisation, has asked President Muhammadu Buhari not to forward the name of  Uwani Abba-Aji, justice of the court of appeal, to the senate for confirmation as justice of the supreme court.The National Judicial Council (NJC) had on Friday recommended Abba-Aji to Buhari for appointment as justice of the apex court.CSNAC, in a [...]

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    NGO to groom women on how to win elections

NGO to groom women on how to win elections

Emerge Women (EW), a non governmental organisation, will be giving current and prospective female political candidates a one-day training on skills needed to run for and win elections into political offices in Nigeria.In a statement, Mary Ikoku, founder, EW, said the training, second of its kind, will hold in Abuja on October 18.The first held in Lagos on September 5 [...]

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    AMCON to sell Polaris Bank ‘in less than two years’

AMCON to sell Polaris Bank ‘in less than two years’

The Asset Management Corporation of Nigeria (AMCON) says it plans to sell Polaris Bank within two years.Ahmed Kuru, chief executive officer, AMCON, said this in an interview with Bloomberg in Lagos.The Central Bank of Nigeria (CBN) had revoked the operating licence of Skye Bank in September for failing to meet capital and liquidity requirements.Polaris Bank was subsequently approved as a [...]

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    Nigerians now to pay tax on foreign assets

Nigerians now to pay tax on foreign assets

President Muhammadu Buhari has signed an executive order mandating Nigerian taxpayers to declare and pay tax on their offshore assets.Garba Shehu, presidential spokesman, announced this in a statement on Wednesday.According to the statement, asset owners have a 12-month window grace to declare and pay tax on their assets, under the new executive order number eight, tagged Voluntary Offshore Assets Regularization [...]

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    FG issues another N100bn Sukuk bond

FG issues another N100bn Sukuk bond

The federal government has announced the approval for the issuance of a second tranche of N100 billion Sukuk bond.This was disclosed at a two-day training on Sukuk structurisation and management in Abuja.The training was organised by the Metropolitan Skills Ltd in collaboration with the ministry of finance, and Standing Committee for Economic and Commercial Cooperation of the organisation of the [...]

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    PMParrot publisher honoured with ‘worthy ambassador’ award in UI

PMParrot publisher honoured with ‘worthy ambassador’ award in UI

Olayinka Agboola, publisher, Parrot Xtra Magazine, has been honoured by the Sultan Bello Hall of the University of Ibadan, his alma mater.Agboola was honoured by the hall, where he spent his undergraduate days, in recognition of his achievements and contribution to Nigeria.He was awarded a "worthy ambassador" at the Ivory Tower Awards and Distinguished Lectures themed: 'Nigeria at 58: Prospects Beyond [...]

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    Julius Berger-AFP ‘taking home, hospitality designs to the next level’

Julius Berger-AFP ‘taking home, hospitality designs to the next level’

AFP, the furniture and furnishing business subsidiary of Julius Berger Nigeria Plc, is taking home and hospitality furniture sector to the next level, according to Paul Andrew, Switzerland-based creative investor and CEO of Blackpace.Andrew made the remark at the 2018 edition of the annual Made By Design exhibition held in Lagos state.“AFP’s unique designs and productions are taking this country’s furniture [...]

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    No campaign till Nov 18, INEC warns presidential candidates

No campaign till Nov 18, INEC warns presidential candidates

The Independent National Electoral Commission (INEC) has warned political parties and their presidential candidates for the 2019 elections against publicly campaigning before November 18.Mahmood Yakubu, INEC chairman, issued the warning on Monday while speaking at a workshop for election professionals from the Commonwealth Africa region.Yakubu said the approved time for campaign, according to the timeline given by INEC and the [...]

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    Adichie honoured with thought leadership award as she picks PEN Pinter prize

Adichie honoured with thought leadership award as she picks PEN Pinter prize

Chimamanda Adichie, an award-winning Nigerian author, has been honoured with the Thought Leadership award by the Global Hope Coalition (GHC).Adichie was recognised during the GHC’s 2018 annual awards dinner in New York City, for the impact of her work in shaping global conversations bordering on feminism, race, and North/South relations.As a highlight of the dinner, five individuals from Tunisia, Denmark, [...]

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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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