Tuesday, November 20, 2018

Oluwatoyin Bayagbon

    Falana says travel ban will expose FG to ridicule, calls for its withdrawal

Falana says travel ban will expose FG to ridicule, calls for its withdrawal

Femi Falana, human rights lawyer, says the travel ban placed on 50 high-profile Nigerians by President Muhammadu Buhari should be withdrawn "without any delay".In a statement on Sunday, Falana said the directive which is backed by an executive order signed by the president is an "ingenious design to expose the Buhari administration to ridicule".He said the executive arm of government is [...]

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    Kufre Ekanem departs Nigerian Breweries

Kufre Ekanem departs Nigerian Breweries

After five years as corporate affairs adviser and member of the executive committee of Nigerian Breweries Plc, Kufre Ekanem has left the brewing conglomerate.In a pre-exit send-forth party organised for him, Jordi Borrut Bel, managing Director of Nigerian Breweries Plc, thanked Ekanem for his "impactful service" to the company.“In his five-year career in Nigerian Breweries, Kufre introduced a proactive, non-crisis stakeholder relations programme [...]

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    SERAP to FG: Your travel ban will sabotage war against corruption

SERAP to FG: Your travel ban will sabotage war against corruption

The Socio-Economic Rights and Accountability Project (SERAP) has criticised President Muhammadu Buhari's order banning 50 prominent Nigerians suspected of corruption from travelling abroad. SERAP described the order as arbitrary, repressive and illegal. The president had through Garba Shehu, his spokesman, announced the ban which would place the affected individuals on a watch list, pending the determination of their cases.The group said the federal [...]

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    2,034 sets of twins take part in Oyo Twins Festival

2,034 sets of twins take part in Oyo Twins Festival

Not less than 2,034 sets of twins participated in the maiden edition of the Oyo State Twins Festival.The festival took place on Saturday at Igbo-Ora, Ibarapa central local government area of Oyo.Some of the celebrants set out from the cultural centre in Ibadan, the state capital, riding a train to Methodist Grammar School, Igbo-Ora to join counterparts from Oke-Ogun and [...]

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    I was a taxi driver for 16 years, says professor contesting Borno guber poll

I was a taxi driver for 16 years, says professor contesting Borno guber poll

Babagana Umara Zulum, governorship candidate of the All Progressives Congress (APC) in Borno state, says he was a commercial driver from 1984 to 1999.Zulum, a professor of irrigation engineering at the University of Maiduguri, disclosed this in an interview with Daily Trust.The academician spoke about his humble beginnings in Loskuri village, Mafa local government area of Borno.“Every day, I trekked [...]

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    Otunuga: Nigeria may experience Q3 growth — despite IMF’s gloomy prediction

Otunuga: Nigeria may experience Q3 growth — despite IMF’s gloomy prediction

Lukman Otunuga, research analyst at FXTM, a firm which specialises in forex trading, says Nigeria may experience growth in the third quarter of the year, despite “gloomy predictions” made by the International Monetary Fund (IMF).On Tuesday, the Bretton Woods Institution had revised Nigeria’s economic growth from 2.1 percent in 2018 to 1.9 percent, saying the country is not performing up [...]

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    Enelamah: We’ll resolve dispute between Samsung, LADOL

Enelamah: We’ll resolve dispute between Samsung, LADOL

Okechukwu Enelamah, minister of industry, trade and investment, says government will wade into the ongoing dispute between Samsung Heavy Industries Nigeria (SHI), and the management of Lagos Deep Offshore Logistics (LADOL).According to a statement signed by Bisi Daniels, spokesman of the minister, Enelamah disclosed this while receiving In-tae Lee, South Korean ambassador to Nigeria, in Abuja on Thursday.Lee had sought [...]

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    IN DETAIL: Nigerians now to pay tax on foreign income and assets — or face the law

IN DETAIL: Nigerians now to pay tax on foreign income and assets — or face the law

President Muhammadu Buhari on Wednesday signed an executive order directing Nigerian taxpayers to voluntarily declare and pay tax on their offshore assets.The new executive order No. 8 is tagged Voluntary Offshore Assets Regularisation Scheme (VOARS) and went into effect same day the president signed it.It is still being debated if such a major tax reform should come in form of [...]

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    Court sends Shell MD to prison

Court sends Shell MD to prison

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    NSE suspends six listed companies from trading

NSE suspends six listed companies from trading

The Nigerian Stock Exchange (NSE) has suspended six listed companies from trading their shares in the bourse.In a notice issued by Godstime Iwenekhai, acting head of listings regulation department, NSE, the agency said the suspension would take effect from Monday.The affected companies are DN Tyre & Rubber Plc, FTN Cocoa Processors Plc, International Energy Insurance Plc, Thomas Wyatt Nigeria Plc, [...]

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    Eat Me: Fights depression, aids sleep… why chia seeds are nature’s super food

Eat Me: Fights depression, aids sleep… why chia seeds are nature’s super food

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    ‘It was hijacked’ — Ribadu demands cancellation of Adamawa APC guber primary

‘It was hijacked’ — Ribadu demands cancellation of Adamawa APC guber primary

Nuhu Ribadu, a governorship aspirant of the All Progressives Congress (APC) in Adamawa state, has demanded for cancellation of the election which held in the state on Friday.Ribadu, the pioneer chairman of the Economic and Financial Crimes Commission (EFCC), made the call during a press conference in Yola, the state capital, on Saturday.The APC governorship aspirant had pulled out of [...]

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    ‘Voice2Rep’ project to hold politicians accountable through music

‘Voice2Rep’ project to hold politicians accountable through music

Accountability Lab Nigeria, a civic technology organisation, has launched Voice to Represent (Voice2Rep), a musical project that seeks to hold Nigerian politicians accountable for their actions.Friday Odeh, country director, Accountability Lab Nigeria, made the disclosure at the official unveiling of the  project, in Abuja on Thursday.He said the organisation is pushing for accountability and transparency in governance through creative engagement [...]

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    Kachikwu: Buhari is not against PIB

Kachikwu: Buhari is not against PIB

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    UPDATED: Number of out-of-school children in Nigeria rises to 13.2 million

UPDATED: Number of out-of-school children in Nigeria rises to 13.2 million

A rise in the number of internally displaced children and a corresponding increase in birth rates have led to a surge in the number of out-of-school children in Nigeria.The number of out-of-school children rose from 10.5 million in 2010 to 13.2 million in 2015, a Demographic Health Survey (DHS) conducted by the United Nations Children Fund (UNICEF) and the Nigerian [...]

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    Women, children shot dead as gunmen raid Plateau villages

Women, children shot dead as gunmen raid Plateau villages

Suspected herdsmen have killed 19 people in an attack on Ariri village in Bassa local government area of Plateau state.According to witnesses, the attackers invaded the village on Wednesday night.Women, young children and local farmers were said to have been shot to death in their sleep.Earlier on Tuesday, 14 people were killed at Jol village in Riyom local government area [...]

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Exchange Rates

November 16, 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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