Saturday, February 16, 2019

Malik Abdulganiy

    EXCLUSIVE: EFCC traces lawyer’s $30,000 payment to Onnoghen’s account

EXCLUSIVE: EFCC traces lawyer’s $30,000 payment to Onnoghen’s account

The Economic and Financial Crimes Commission (EFCC) has traced a deposit of $30,000 by Joe Agi, a senior advocate, into the bank account of Walter Onnoghen, the embattled chief justice of Nigeria (CJN), TheCable understands. It has emerged that Onnoghen also failed to disclose that he has an account at Heritage Bank in his asset declaration form -- another violation of [...]

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    ALERT: Nigeria’s foreign reserves at risk over $9bn UK judgment

ALERT: Nigeria’s foreign reserves at risk over $9bn UK judgment

Nigeria’s foreign commercial assets are at risk as a British company moves to enforce a $9bn arbitration award against the country over a breach of contract, TheCable can report.Process and Industrial Developments Limited (P&ID), an engineering and project management company, is expected to get a final order from English courts on February 15, 2019 to enforce the arbitration tribunal award [...]

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    EXCLUSIVE: AGF sends criminal allegations against Onnoghen to NJC

EXCLUSIVE: AGF sends criminal allegations against Onnoghen to NJC

Ahead of the emergency meeting of the National Judicial Council (NJC) on Tuesday, the office of the attorney-general of the federation (AGF) has sent a list of criminal allegations against Water Onnoghen to the body, TheCable can report.Insiders at the ministry of justice informed TheCable that the petition contains a number of damaging allegations against the chief justice of Nigeria [...]

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    EXCLUSIVE: NJC to hold emergency meeting over Onnoghen on Tuesday (updated)

EXCLUSIVE: NJC to hold emergency meeting over Onnoghen on Tuesday (updated)

The National Judicial Council (NJC) has summoned an emergency meeting over the suspension of Walter Onnoghen, chief justice of Nigeria (CJN).TheCable understands that the meeting will now be held in Abuja on Tuesday after it was moved by one day.The meeting was called by some NJC members in line with its rules.A member of NJC told TheCable on Sunday that [...]

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    EXCLUSIVE: Buhari seeks legal opinion to extend IGP’s tenure

EXCLUSIVE: Buhari seeks legal opinion to extend IGP’s tenure

President Muhammadu Buhari has asked the attorney-general of the federation, Abubakar Malami, for a legal opinion on the possible extension of the inspector-general of police's tenure, a senior presidency official has told TheCable.Ibrahim Idris, appointed IGP by Buhari in March 2016, clocked 35 years in service on January 3, 2019 and should ordinarily have retired.However, he has continued to report [...]

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    Sources: Atiku to visit US after kick-off of PDP presidential campaign

Sources: Atiku to visit US after kick-off of PDP presidential campaign

Former Vice-President Atiku Abubakar will travel to the United States after the launch of the presidential campaign of the Peoples Democratic Party (PDP), TheCable understands.Atiku, who is the party's presidential candidate, received his US visa on Thursday, after which he travelled to the UK before making a surprise return to the country on Saturday.A source had earlier told TheCable that [...]

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    EXCLUSIVE: Atiku finally gets US visa, jets out of Nigeria (updated)

EXCLUSIVE: Atiku finally gets US visa, jets out of Nigeria (updated)

Atiku Abubakar, presidential candidate of the Peoples Democratic Party (PDP), has finally been issued a visa to the United States, TheCable can report.A family source disclosed this to TheCable on Saturday and confirmed that the former vice-president has left Nigeria for the UK, where he will spend some time.There is yet no date fixed for his US trip, TheCable understands.In [...]

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    EXCLUSIVE: FG freezes bank accounts of suspects on ‘looters list’

EXCLUSIVE: FG freezes bank accounts of suspects on ‘looters list’

The federal government has frozen the bank accounts of suspects being tried in court over allegations of corruption by the Economic and Financial Crimes Commission (EFCC), TheCable can report.This, TheCable understands, is part of the implementation of the Executive Order No. 6 on the "preservation of suspicious assets connected with corruption and other relevant offences" signed by President Muhammadu Buhari [...]

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    INCREDIBLE: INEC does NOT have full official results of 2007 presidential election

INCREDIBLE: INEC does NOT have full official results of 2007 presidential election

The Independent National Electoral Commission (INEC) does not have the full results of the highly controversial 2007 presidential election -- and this is official.The presidential election held on April 21 that year is the first and only in Nigeria's history in which there is no state-by-state breakdown of the candidates' scores.Maurice Iwu, a professor and INEC chairman at the time, [...]

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    EXCLUSIVE: Lagos APC guber primary to be moved again as Abuja intervenes

EXCLUSIVE: Lagos APC guber primary to be moved again as Abuja intervenes

The Lagos APC governorship primary is set to be moved again following the intervention of the national secretariat in the crisis rocking the state chapter of the party, TheCable understands.Akinwunmi Ambode, the governor, is being challenged by Jide Sanwo-Olu, the preferred choice of Bola Tinubu, former governor of the state and a national leader of the APC.The APC governorship primary [...]

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    EXCLUSIVE: IGP seeks Osinbajo’s nod to search Daura’s house

EXCLUSIVE: IGP seeks Osinbajo’s nod to search Daura’s house

Ibrahim Idris, inspector-general of police, is seeking the permission of Acting President Yemi Osinbajo, to search the residence of Lawal Daura, sacked director-general of the Department of State Services (DSS), TheCable can report.Osinbajo ordered the dismissal of Daura on Tuesday following the invasion of the National Assembly Complex.The acting president had summoned Daura and Idris to the presidential villa in [...]

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    EXCLUSIVE: EFCC grills Ekpeyong, ex-DSS DG, over links to Daura

EXCLUSIVE: EFCC grills Ekpeyong, ex-DSS DG, over links to Daura

The Economic and Financial Crimes Commission (EFCC) is grilling Ita Ekpeyong, former director-general of the Department of State Services (DSS), after arresting him on Thursday afternoon, TheCable understands.He is not expected to be detained overnight, according to sources familiar with the situation.EFCC insiders informed TheCable that nothing incriminating was found in his house after the search conducted by its operatives."The [...]

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    Orphaned by bandits: Inside Zamfara village where children abandon school for farming

Orphaned by bandits: Inside Zamfara village where children abandon school for farming

At a press conference in Abuja last month, Sa’idu Dansadau, ex-senator representing Zamfara central, said bandits have killed at least 3,000 people in the state in the last two years.Dansadau spoke one month after Abdulaziz Yari, governor of the state, announced that he had resigned his role as chief security officer of the state because of his inability to secure lives. [...]

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    PDP governors head to Benue as party hosts APC defectors in Abuja

PDP governors head to Benue as party hosts APC defectors in Abuja

Some governors elected under the platform of the Peoples Democratic Party (PDP) are currently on their way to Benue state to solidarise with Samuel Ortom, their Benue counterpart, whose position is being threatened.A top member of the party, who disclosed this to TheCable, said the PDP governors would reassure Ortom of the support of the party.Ortom defected from the All [...]

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    EXCLUSIVE: Buhari to vie for ECOWAS chairmanship

EXCLUSIVE: Buhari to vie for ECOWAS chairmanship

Barring any last-minute change in plans, President Muhammadu Buhari will vie for the chairmanship of the Economic Community of West African States (ECOWAS) in Lome, Togo, on Tuesday, TheCable can report.A new chairman will succeed President Faure Gnassingbe of Togo at the end of the 53rd Ordinary Session of the ECOWAS Authority of Heads of State and Government.Buhari departed Abuja on [...]

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    Tambuwal set to announce defection from APC

Tambuwal set to announce defection from APC

Governor Aminu Waziri Tambuwal of Sokoto state will any moment from now announce his defection from the All Progressives Congress (APC) and return to the Peoples Democratic Party (PDP), TheCable understands.Tambuwal has his eyes on running for president in 2019 and is the preferred choice of PDP governors, according to party insiders.Most members of the Sokoto state house of assembly [...]

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Exchange Rates

February 15, 2019USDGBPEUR
INTERBANK306397354
LAGOS362475413
KANO361474413
PH361475412
ABUJA362476413
NOTE: The black market rates represent the most prevalent. They could be slightly higher or lower among different sellers.
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