Tuesday, July 23, 2019

Sodiq Yusuff

    EXCLUSIVE: Two Oando directors resign as crisis worsens

EXCLUSIVE: Two Oando directors resign as crisis worsens

Two independent non-executive directors of Oando Plc have resigned from the company's board, TheCable can report.Sena Anthony (pictured) and Oghogho Akpata have both informed the Nigerian Stock Exchange (NSE) about their decisions.In their separate resignation letters dated June 3, 2019 and addressed to the company secretary/chief compliance officer of Oando, they did not give any reasons for their decision.TheCable understands, [...]

0 comment Read Full Article
    FACT CHECK: Did Obasanjo visit Sanusi as this picture ‘suggests’?

FACT CHECK: Did Obasanjo visit Sanusi as this picture ‘suggests’?

You must have seen the picture on social media -- former president Olusegun Obasanjo packing his brown agbada with his left hand and walking ahead of Muhammad Sanusi II, the emir of Kano, who is dressed in his full regalia.The picture started trending a few days after the decimation of Kano emirate by Abdullahi Ganduje, the governor of Kano state, [...]

0 comment Read Full Article
    FACT CHECK: Did DSS find $2bn and gold bars in Adoke’s house?

FACT CHECK: Did DSS find $2bn and gold bars in Adoke’s house?

THE CLAIM: Various news websites recently reported that Adamu Yusuf, a retired brigadier general, tipped off the federal government in 2015 on $2 billion looted funds and gold bars allegedly stashed in the Abuja home of Mohammed Bello Adoke, former minister of justice and attorney-general of the federation. The money and gold were said to have been recovered by the Department [...]

1 comment Read Full Article
    ANALYSIS: Will Buhari give Emefiele a second term as CBN governor?

ANALYSIS: Will Buhari give Emefiele a second term as CBN governor?

Joseph Sanusi. Charles Soludo. Muhammad Sanusi II. Since the return of democracy in 1999, no governor of the Central Bank of Nigeria (CBN) has served two terms. Is Godwin Emefiele about to be the breaker of the CBN tenure jinx?Appointed by former president Goodluck Jonathan on June 3, 2014, Emefiele will end his tenure as CBN governor in less than [...]

0 comment Read Full Article
    FACT CHECK: Did Sanusi ask Nigerians to vote for Atiku?

FACT CHECK: Did Sanusi ask Nigerians to vote for Atiku?

With the rescheduled presidential election a few days away, the social media has come alive again (as if it was ever sleep). In a broadcast that has been trending since Monday, Muhammadu Sanusi II, the emir of Kano, is quoted to have asked Nigerians to vote for Atiku Abubakar, the presidential candidate of the Peoples Democratic Party (PDP).Since the emir [...]

0 comment Read Full Article
    CLOSE-UP: This is Ahmad Mu’azu, the man in charge of INEC logistics

CLOSE-UP: This is Ahmad Mu’azu, the man in charge of INEC logistics

There has been a lot of confusion on who actually is in charge of the logistics at the Independent National Electoral Commission (INEC) since the chaos that resulted in the rescheduling of the general election.Initially, the social media was buzzing with the news that it was Amina Zakari, the national commissioner who was in the news for being related to [...]

0 comment Read Full Article
    Postponed Polls: Here are the three conspiracy theories

Postponed Polls: Here are the three conspiracy theories

Millions of Nigerians went to bed on Friday evening hoping to wake up on Saturday to cast their votes. By the time they woke up on Saturday, a familiar story had played out: the elections had been postponed. For the third successive general election, the Independent National Electoral Commission (INEC) failed to keep its oft-repeated promise of "we're ready".Immediately, theories [...]

1 comment Read Full Article
    FLASHBACK: In 2011, INEC moved elections after voting had started!

FLASHBACK: In 2011, INEC moved elections after voting had started!

Many Nigerians have expressed disappointment that the 2019 general election was postponed by the Independent National Electoral Commission (INEC) less than 10 hours to the commencement of the voting process.What about this? In 2011, voting had actually started in some parts of the country when INEC announced that the election had been moved by two days!The national assembly elections were [...]

1 comment Read Full Article
    EXCLUSIVE: Oke, ex-NIA DG, jets out of Nigeria ahead of EFCC trial

EXCLUSIVE: Oke, ex-NIA DG, jets out of Nigeria ahead of EFCC trial

Ayo Oke, former director-general of the National Intelligence Agency (NIA), and his wife are no longer in the country, TheCable understands.Oke, who was to be arraigned along with his wife by the Economic and Financial Crimes Commission (EFCC) on Friday, left the country last week, sources told TheCable.He is said to be in a European country "for medical reasons".There are [...]

1 comment Read Full Article
    Bafarawa: How I rigged ANPP primary for Buhari in 2003

Bafarawa: How I rigged ANPP primary for Buhari in 2003

Attahiru Bafarawa, former governor of Sokoto state, says he manipulated the presidential primary of the All Nigeria Peoples Party (ANPP) in favour of Muhammadu Buhari in 2003.Buhari got the party’s nomination but lost to President Olusegun Obasanjo in the presidential election.Bafarawa, who was doubling as the party’s chairman then, said Rochas Okorocha was set to pick the ANPP presidential ticket [...]

2 comments Read Full Article
    EXCLUSIVE: Moves to remove CJN commence ahead of elections

EXCLUSIVE: Moves to remove CJN commence ahead of elections

A civil society group, Anti-Corruption and Research Based Data Initiative (ARDI), has launched a legal move to remove Walter Onnoghen as the chief justice of Nigeria, TheCable can report.ARDI has petitioned the Code of Conduct Bureau (CCB), listing a number of allegations against Onnoghen -- notably false declaration of assets.The group said its petition, dated January 7, 2019, became necessary "bearing in [...]

2 comments Read Full Article
    FLASHBACK: In 2014, soldiers attacked Daily Trust vans ‘in search of bombs’

FLASHBACK: In 2014, soldiers attacked Daily Trust vans ‘in search of bombs’

Change is hard to come by, is it?On June 6, 2014, Nigerians woke up to the news that the distribution vans of Daily Trust, the Abuja-based newspaper, had been attacked by soldiers, with copies of newspapers confiscated.This came after Daily Trust had reported that top generals shared military land among themselves in choice areas of Abuja.Among those named in the land grab were [...]

0 comment Read Full Article
    THE INSIDER: Buhari did NOT direct NBS to change unemployment figures

THE INSIDER: Buhari did NOT direct NBS to change unemployment figures

Senior government officials have told TheCable that President Muhammadu Buhari did not direct Yemi Kale, the statistician general, to alter the figures of unemployment in Nigeria.The officials voiced their surprise at the claim made by Garba Shehu, presidential spokesman, that Buhari has asked Kale "to change the high unemployment statistics and reflect the rising rate of employment in the agriculture [...]

0 comment Read Full Article
    THE INSIDER: Samsung ‘blackmailing’ Nigeria with $1.6bn arbitration suit in London

THE INSIDER: Samsung ‘blackmailing’ Nigeria with $1.6bn arbitration suit in London

Samsung Heavy Industries Nigeria (SHIN) Ltd is trying to force the arm of the federal government by instituting a $1.6 billion arbitration case against Total Upstream Nigeria Limited in London, oil industry insiders and top government officials have told TheCable.Although the suit is against Total, Samsung's action is seen as an attempt to undermine the country's local content policy, according [...]

0 comment Read Full Article
    REVEALED: Ambode had ‘secret meeting’ with APC electoral panel before primary

REVEALED: Ambode had ‘secret meeting’ with APC electoral panel before primary

Members of the APC electoral panel sent from Abuja to conduct the Lagos governorship primary had a secret meeting with Akinwunmi Ambode, the state governor, on Monday, insiders have told TheCable.The Clement Ebri-led committee was "holed up" at their hotel till 1pm on Tuesday while voting went on at the 245 wards in Lagos, with results showing Jide Sanwo-Olu clearly in [...]

0 comment Read Full Article
    Meet the non-Fulani herdsmen in Yobe state

Meet the non-Fulani herdsmen in Yobe state

Fulani has become the prefix for herdsmen in Nigeria these days, and it is impossible to imagine there are herdsmen who are not Fulani. But the Sullubawa community in Yobe state, north-east Nigeria, has herders who are not Fulani.  Their territory stretches out several kilometres through Bursari Dapchi, Tumsa, Baimari, Kaliyari, Damaturu Kasaisa, Lawan Kalan, Kalallawa, Salari, Damakasu, Fune Dogon kuka, [...]

0 comment Read Full Article
Advertisement

Advertisement

Advertisement

Exchange Rates

July 22, 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.
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement