Monday, March 18, 2019

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    AMCON may disengage asset management partners slow in recovering N740bn debt

AMCON may disengage asset management partners slow in recovering N740bn debt

Ahmed Kuru, managing director/CEO of the Asset Management Corporation of Nigeria (AMCON) says AMCON may disengage asset management partners (AMPs) that cannot cope with the speed and enormous challenges of debt recovery expected by the corporation.He also promised that the corporation may assign more accounts to AMPs that have shown aggression and zeal based on the review of the [...]

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    Adamawa supplementary poll will hold in 14 LGAs, says REC

Adamawa supplementary poll will hold in 14 LGAs, says REC

The Independent National Electoral Commission (INEC) says the governorship supplementary election scheduled for March 23, will hold across 14 local government areas of the state.Kasim Gaidam, resident electoral commissioner (REC) of Adamawa, disclosed this to NAN on Sunday in Yola, the state capital.Gaidam said the election will be conducted in 29 wards (registration areas) and 44 polling units where over [...]

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    Davido becomes first Nigerian artiste to hit 10m followers on Instagram

Davido becomes first Nigerian artiste to hit 10m followers on Instagram

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    Bayelsa dep gov: Don’t blame army for involvement in elections

Bayelsa dep gov: Don’t blame army for involvement in elections

John Jonah, deputy governor of Bayelsa state, has urged Nigerians not to blame the army for its involvement in the 2019 general election.Jonah spoke on Saturday at Elebele in Yenogoa during the inauguration of some projects in the 16 brigade barracks otherwise known as “Tukur Buratai Camp” located in the community.According to NAN, the deputy governor said he had investigated [...]

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    ‘Six rescued, 19 trapped’ as rescue operation continues in Ibadan

‘Six rescued, 19 trapped’ as rescue operation continues in Ibadan

At least 19 persons are still trapped in a three-storey building under construction which collapsed in Ibadan on Friday.The incident occurred around 5.30p.m.David Aderibigbe, a witness who lives close to the building site, told NAN that 23 workers and two food vendors were trapped in the building.He said that only six of the victims had been rescued from the debris [...]

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    Offa robbery: We were forced to implicate Saraki, say suspects

Offa robbery: We were forced to implicate Saraki, say suspects

The three men charged to court over the April 5, 2018, bank robbery in Offa, Kwara state, told a high court in Ilorin, Kwara capital, that the confessional statements admitting to the crime, were obtained under duress.The police charged Ayoade Akinnibosun, Ibikunle Ogunleye and Adeola Abraham with criminal conspiracy to rob the banks, murder of nine policemen and other citizens, [...]

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    Ibadan building collapse: Number of casualties yet unknown, say police

Ibadan building collapse: Number of casualties yet unknown, say police

A three-storey building collapsed on Friday in Bode area of Ibadan barely 48 hours after a similar incident in Lagos in which at least 20 persons died.Many people are suspected to be trapped in the Ibadan collapsed structure.Olugbenga Fadeyi, spokesman for the police in Oyo state, confirmed to NAN that rescue efforts were on-going at the building site.“What is important [...]

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    PEBEC unveils mobile app to aid Nigeria’s ease of doing business

PEBEC unveils mobile app to aid Nigeria’s ease of doing business

The Presidential Enabling Business Environment Council (PEBEC) has unveiled its REPORTGOV.NG mobile and online application for public service feedback and complaints.The platform, which is also a website, is expected to facilitate the escalation and resolution of issues encountered with ministries departments and agencies (MDAs) towards ensuring a more business-friendly environment.The app was launched by Okechukwu Enelamah, the minister of industry, [...]

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    EXTRA: INEC might be planning a special event for my certificate, says Okorocha

EXTRA: INEC might be planning a special event for my certificate, says Okorocha

Rochas Okorocha, governor of Imo state, says the Independent National Electoral Commission (INEC) might be planning to organise a special event to issue him a certificate of return.He spoke while reacting to the omission of his name on the list of elected senators. The commission presented certificates of return to all the senators elected on September 23, excluding Okorocha.Innocent Ibeauchi, [...]

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    Over 1,000 buildings in Lagos Island are ‘unfit for human habitation’

Over 1,000 buildings in Lagos Island are ‘unfit for human habitation’

Kunle Awobodu, national president, Building Collapse Prevention Guild (BCPG), says there are over 1,000 buildings unfit for human habitation in Lagos Island.Speaking in an interview with NAN, Awobodu said his group had brought such distressed buildings to the notice of the Lagos State Building Control Agency (LASBCA) for demolition.He was reacting to building that collapsed in the Ita-Faaji area of Lagos Island.“There [...]

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    Inconclusive polls: Osinbajo meets Bauchi, Adamawa governors

Inconclusive polls: Osinbajo meets Bauchi, Adamawa governors

Vice-President Yemi Osinbajo on Thursday held separate private meetings with Mohammadu Abubakar, governor of Bauchi state and Jibrila Bindow of Adamawa.The Independent National Electoral Commission (INEC) had declared the March 9 governorship election in both states inconclusive.Both governors declined to speak with state house correspondents after the meeting.INEC has fixed March 23 for supplementary elections in in Adamawa, Bauchi, Benue, [...]

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    Gunmen raid Edo police station, kill DPO, pregnant officer

Gunmen raid Edo police station, kill DPO, pregnant officer

Gunmen have attacked the divisional police command at Afuze, headquarters of the Owan-East local government area of Edo, killing the divisional police officer (DPO) and three other officers on duty.The hoodlums also attacked the office of the Independent National Electoral Commission (INEC) in the town, and destroyed electoral materials and burning down a police van in the compound.The officers killed [...]

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    Boko Haram ‘in disarray, fighters stranded’

Boko Haram ‘in disarray, fighters stranded’

The Multinational Joint Task Force (MNJTF) in Chad says the leadership of the Boko Haram insurgent group is currently overwhelmed and in disarray.Timothy Antigha, chief of military public information of the MNJTF, confirmed this in a statement made available to newsmen in Abuja on Tuesday.Antigha said the group was overwhelmed after a sustained air and land attacks in the ongoing [...]

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    Plane crash: China, Ethiopia ground use of Boeing 737 MAX 8 aircraft

Plane crash: China, Ethiopia ground use of Boeing 737 MAX 8 aircraft

 China’s aviation regulator on Monday grounded nearly 100 Boeing Co 737 MAX 8 aircraft in its fleet in the aftermath of Sunday’s ill-fated crash of Ethiopian Airlines.An Ethiopian Airlines 737 MAX 8 bound for Nairobi crashed minutes after take-off on Sunday, killing all 157 people on board.Following the crash, the Ethiopian Airlines promptly announced its decision to ground the rest [...]

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    Plateau lawmaker dies hours after winning re-election

Plateau lawmaker dies hours after winning re-election

Ezekiel Afon, lawmaker representing Pengana constituency in the Plateau state house of assembly, has died hours after he was re-elected to represent the constituency.Bashir Sati, secretary of the All Progressive Congress (APC) in the state, confirmed the lawmaker’s death to NAN in Jos.According to Sati, Afon died Sunday afternoon after a brief illness.“It is unfortunate that we lost Afon, one [...]

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    Desmond Elliot secures re-election to Lagos assembly

Desmond Elliot secures re-election to Lagos assembly

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Exchange Rates

March 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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