Saturday, February 16, 2019

News Agency

    5 Boko Haram ‘members’ killed in Iraq

5 Boko Haram ‘members’ killed in Iraq

Suspected links between Boko Haram and Islamic State (IS) militants appeared to have been confirmed on Wednesday following claims by the Mosul Youth Resistance Movement, Iraq.The movement, which was formed to fight IS in Mosul, reportedly killed five Boko Haram insurgents who were in training, according to BasNew.Saed Mamuzini, Kurdistan Democratic Party (KDP) Mosul spokesperson, told BasNews that the youth [...]

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    Fresh lead poisoning outbreak kills 21 in Niger

Fresh lead poisoning outbreak kills 21 in Niger

The federal government has confirmed the death of 28 children in a fresh outbreak of lead poisoning in Niger state.According to NAN, the latest incident brings the number of deaths from lead poisoning in the country to 191, 139 of whom are children.A total of 420 cases were recorded in Zamfara and Niger states.Briefing newsmen on the latest development in Abuja, Fidelis Nwankwo, [...]

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    Buhari asked to revive Ajaokuta, Itakpe

Buhari asked to revive Ajaokuta, Itakpe

President-elect Muhammadu Buhari has been asked to revive Ajaokuta Steel and Itakpe National Iron Ore Mining Companies when he assumes office.Olugbenga Okunlola, a professor and president, Nigerian Mining and Geosciences Society (NMGS), made the call at a news conference in Abuja on Tuesday.According to Okunlola, the companies have the potentials to serve as the backbone for economic diversification and industrialisation [...]

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    Nsukka ‘deserves’ Enugu’s ministerial slot

Nsukka ‘deserves’ Enugu’s ministerial slot

The Nsukka Platform Asaba, a socio-cultural organisation, has called on President-elect Muhammadu Buhari to appoint an indigene of Nsukka to represent Enugu state in his cabinet.The group of professionals resident in Asaba said in a statement in Asaba on Tuesday that the Enugu north senatorial zone should produce a minister in the incoming administration.The group said the area had not [...]

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    Jaiyeola succeeds Nweke as NESG DG

Jaiyeola succeeds Nweke as NESG DG

The Nigerian Economic Summit Group (NESG) has appointed Laoye Jaiyeola as its new director general to manage the affairs of the organisation.He succeeds Frank Nweke II, who retired in November 2014 after six years of service as director general.Jaiyeola’s appointment was ratified by the board of the organisation in March 2015, after his retirement as the managing director of Kakawa [...]

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    5 banks ‘paid N312m in fines’ for contraventions in 2014

5 banks ‘paid N312m in fines’ for contraventions in 2014

The shareholders funds of five commercial banks dipped by N312 million in 2014, following fines they paid to Central Bank of Nigeria (CBN) for contravening the Banks and Other Financial Institutions Act.Investigations by the News Agency of Nigeria (NAN) showed that they are GTBank, Zenith Bank, First City Monument Bank (FCMB), Access Bank and Sterling Bank.A breakdown of the figure [...]

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    THE INSIDER: How S’African mercenaries ‘helped Nigerian soldiers rout Boko Haram’

THE INSIDER: How S’African mercenaries ‘helped Nigerian soldiers rout Boko Haram’

Details are beginning to emerge on the recent military successes recorded against Boko Haram in north-eastern Nigeria.In a report published by Daily Telegraph of London, a former commander in the South African Defence Force spoke at length on the involvement of mercenaries in the most successful strikes against the insurgents so far.Eeben Barlow, a retired colonel who heads Specialized Tasks, [...]

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    Fire injures seven, guts 109 shops in Lagos

Fire injures seven, guts 109 shops in Lagos

About seven persons sustained varying degrees of injuries in a Sunday-night inferno that affected more than 109 shops and residential buildings in the Ijora area of Lagos state.The fire was said to have started from one of the shops where black oil was stored around 7up company in the area.Ibrahim Farinloye, south-west zonal spokesman of the national emergency management agency (NEMA), [...]

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    I will be president at the wrong time, says Buhari

I will be president at the wrong time, says Buhari

Muhammadu Buhari, Nigeria’s president-elect, has appealed to Nigerians to exercise patience with his government because he is taking over the reins of governance "at the wrong time".Buhari accused the Peoples Democratic Party (PDP) of mismanaging the economy of the country, alleging that the revenue that the PDP has had at its disposal during its 16 years rule is higher than [...]

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    Like Fayose, Aliyu demands Mu’azu’s resignation

Like Fayose, Aliyu demands Mu’azu’s resignation

Babangida Aliyu, governor of Niger state who lost his senatorial bid in the 2015 election, has joined Governor Ayo Fayose of Ekiti state, in calling for the resignation of Adamu Mu’azu, national chairman of the Peoples Democratic Party (PDP).Speaking in Dutse, capital of Jigawa state on Saturday during the inauguration of a township road named after the then ‘G7 governors’ [...]

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    Will Umunna replace Miliband as Labour leader?

Will Umunna replace Miliband as Labour leader?

With Miliband announcing his resignation after the crushing defeat in the UK general election, here are the Labour runners and riders that could take the helm. Source: Independent of London Yvette Cooper The shadow Home Secretary would win wide support across the party. She did not run in 2010 when her husband Ed Balls, the former shadow Chancellor who unexpectedly lost his seat [...]

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    GEJ wants Buhari to continue his rail projects

GEJ wants Buhari to continue his rail projects

President Goodluck Jonathan has urged the incoming administration of Muhammadu Buhari to continue with his railway projects because the rail system is the cheapest and most effective mode of mass transit in the country.Jonathan said this when he inspected the ongoing construction of the national railway terminal at Idu and the Abuja light rail transit system.He said he was happy with the [...]

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    APC govs: GEJ has almost emptied the treasury

APC govs: GEJ has almost emptied the treasury

Governors elected on the platform of the All Progressives Congress (APC) have accused President Goodluck Jonathan of emptying the treasury of the country.Speaking on Tuesday after meeting with Muhammadu Buhari, the president-elect, in Abuja, the governors lamented that both the federal and state governments were finding it difficult to pay salaries as a result of the current economic situation.Rochas Okorocha, [...]

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    NNPC resumes oil search in Chad Basin

NNPC resumes oil search in Chad Basin

The Nigerian National Petroleum Corporation (NNPC) says it is set to resume oil search in the Chad Basin following remarkable improvement in the security situation in the north-east.Ohi Alegbe, group general manager, group public affairs division of the corporation, said this in a statement issued in Abuja on Monday.The statement quoted Joseph Dawha, group managing director of NNPC, to have [...]

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    Impeachment process against me null and void, says Chime

Impeachment process against me null and void, says Chime

The Enugu state government says it is unaware of the impeachment process instituted against Sullivan Chime, governor of the state, by a 15-man faction of the state’s house of assembly.Chukwudi Achife, chief press secretary to the governor, said this in a telephone interview with NAN from Enugu on Monday.Achife described the action of the faction of the assembly led by [...]

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    Princess Diana resurrects!

Princess Diana resurrects!

Britain's Prince William and his wife, Kate, have named their second child Charlotte Elizabeth Diana, royal officials said on Monday.According to the royal report, the name pays homage to the infant princess' great-grandmother, Queen Elizabeth and now deceased grandmother, Princess Diana."The princess is the fifth great-grandchild of Queen Elizabeth."Princess Charlotte is the fourth in line to the throne, behind her [...]

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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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