Thursday, October 18, 2018

Taiwo George

    APC shifts Zamfara governorship primary election to Monday

APC shifts Zamfara governorship primary election to Monday

The Zamfara chapter of the All Progressive Congress (APC) has shifted its governorship primary to October 1.Shehu Isa, spokesman of the party in the state, disclosed this in a statement on Sunday.He attributed the development to non-arrival of the election committee of the party from the national headquarters in Abuja.Meanwhile, the police command in the state has appealed to stakeholders [...]

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    APC reps reject colleagues defection, consider litigation

APC reps reject colleagues defection, consider litigation

Members of the house of representatives in the All Progressives Congress (APC) have rejected the defection of some of their colleagues to other parties.The caucus has also hinted at taking “necessary steps” over the move which they described as illegal.Thirty-seven members of the caucus dumped the party during plenary on Tuesday — 32 to the Peoples Democratic Party (PDP), four [...]

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    INTERVIEW: Leaving Punch was like amputating a part of my body, says Toyosi Ogunseye

INTERVIEW: Leaving Punch was like amputating a part of my body, says Toyosi Ogunseye

Toyosi Ogunseye is one of the most respected journalists on the continent. In her career which has spanned 14 years, the biochemistry graduate of the University of Lagos has won over 30 awards, including CNN MultiChoice African Journalist of the Year Awards (2011 and 2013), Knight International Journalism Award; Nigerian Academy of Science Journalist of the Year; and the Diamond [...]

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    How oil spills ‘lubricate’ migration from Nigeria

How oil spills ‘lubricate’ migration from Nigeria

According to the United Nations Economic Commission for Africa (UNECA), migration streams within Africa are larger than those out of Africa.In a report released in 2016, UNECA said about 31 million of the continent’s 1.2 billion population have migrated internationally, while more than half of those migrating internationally do so within Africa.Ouidah, one of the 10 major cities in Benin Republic, [...]

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    I’m under pressure to contest in 2019, says Jonathan

I’m under pressure to contest in 2019, says Jonathan

Former President Goodluck Jonathan says people have been asking him to contest the 2019 election.In an interview with Dele Momodu, Ovation magazine publisher, the immediate past president said he is moved to tears seeing people shouting “GEJ, we want you back”.Jonathan, who ruled out the possibility of returning to office, said reflections on his achievements and mistakes make him sober.“I’m [...]

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    Drying rivers, empty houses… how Ibadan residents are ‘struggling’ with nature

Drying rivers, empty houses… how Ibadan residents are ‘struggling’ with nature

It was a sunny afternoon when this reporter arrived at the Eleyele dam zone in Ibadan, Oyo state capital in Nigeria. Traders at the nearby market were enjoying patronage during the weekend – the third in October, while motorbikes raced menacingly on the tarred road in front of the market. Vehicles were forced to apply brakes due to a bad [...]

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    EXTRA: Nigeria is spiritually challenged, says Gombe senator

EXTRA: Nigeria is spiritually challenged, says Gombe senator

Joshua Lidani, senator representing Gombe south, says Nigeria is spiritually challenged.Lidani said this on the floor of the senate on Thursday while contributing to a motion sponsored by Ike Ekweremadu, deputy senate president, on the country's 57th independence anniversary.The senator said the country had recorded a lot of progress in spite of the challenges that it has faced."A lot of progress [...]

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    FG: We lost over N100bn to two illegal mining companies in Plateau

FG: We lost over N100bn to two illegal mining companies in Plateau

The federal government says the two illegal mining companies - Solid Unit Limited and Geotess Nigeria Limited - that were shut down in Zurak, Wase local government area of Plateau state, last month, had illegally taken out minerals worth over N100 billion in the past few years.Kayode Fayemi, minister of mines and steel development, disclosed this during a meeting with [...]

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    EXCLUSIVE: Skye Bank seeks to take over Omokore’s oil wells

EXCLUSIVE: Skye Bank seeks to take over Omokore’s oil wells

The management of Skye Bank Plc is seeking to take over some oil wells belonging to Jide Omokore, a businessman currently involved in some corruption cases within and outside Nigeria.The bank said Omokore is indebted to it to the tune of about N110bn at an exchange rate of $1/N315.The loans were said to have been obtained through three companies, namely: [...]

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    EXCLUSIVE: Ayeni pays Skye Bank $10m as management writes Osinbajo (updated)

EXCLUSIVE: Ayeni pays Skye Bank $10m as management writes Osinbajo (updated)

The management of Skye Bank Plc has written to Acting President Yemi Osinbajo detailing how Tunde Ayeni, chairman of the bank between 2010 and 2016, allegedly used his position to take huge loans from the bank.But TheCable understands that Ayeni has started repaying the loans -- insiders said he paid $10 million to Skye Bank last week and also pays $4.5 million [...]

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    Aregbesola’s baggage, Adeleke’s brother – and other reasons businessman humiliated APC

Aregbesola’s baggage, Adeleke’s brother – and other reasons businessman humiliated APC

If at the beginning of April, a seer told Ademola Adeleke, US-based businessman, that he would be a member of the upper chamber of the national assembly, he might have disbelieved it.One, he has not vied for any known public office, two, Isiaka, his elder brother was doing very well and even coasting to becoming the next governor of Osun [...]

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    CLOSE-UP: Hembe, the three-term lawmaker who ‘fought’ top officials of Jonathan’s govt

CLOSE-UP: Hembe, the three-term lawmaker who ‘fought’ top officials of Jonathan’s govt

Only on Thursday did Herman Hembe, former chairman of the house of representatives committee on the federal capital territory (FCT) celebrate his 42nd birthday, perhaps not knowing that the supreme court would end his 10-year journey in the lower chamber of the national assembly.An All Progressives Congress (APC) lawmaker from Benue state, Hembe chaired different committees in his legislative career.He [...]

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    INSIDE EVANS’ DEN: How ‘notorious’ kidnap gang operated in Igando neighbourhood

INSIDE EVANS’ DEN: How ‘notorious’ kidnap gang operated in Igando neighbourhood

“Jesus is Alive”, reads an inscription on the gate of 21, Prophet Asaye street, Igando, Lagos, the place where Chukwudumeje Onwuamadike, better known as Evans, kept his victims.Evans does not need much introduction as he has dominated news headlines in the last one week.Although he tucked himself in a magnificent mansion at 3, Fred Shoboyede street, Magodo, a highbrow domain [...]

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    I’m still looking for ‘Aso Rock cabal’, says Osinbajo

I’m still looking for ‘Aso Rock cabal’, says Osinbajo

Vice-President Yemi Osinbajo says he does not know where members of the cabal in the presidency are, but he is looking for them.Speaking at the presidential villa in Abuja during an interactive session with TheCable and some media houses, Osinbajo, who spoke on a humorous note, said “cabals are meant to be secret”.“Cabals are meant to be secret. I am [...]

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    Magu doesn’t need senate confirmation, says Osinbajo

Magu doesn’t need senate confirmation, says Osinbajo

Vice-President Yemi Osinbajo says he is fully in support of Ibrahim Magu, acting chairman of the Economic and Financial Crimes Commission (EFCC), suggesting that he does not need senate screening to be confirmed as head of the agency.Speaking at the presidential villa in Abuja during an interview with journalists from select media organisations, including TheCable, Osinbajo said President Muhammadu Buhari [...]

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    QUESTION: From Jibrin to Ndume, is national assembly out to cage outspoken members?

QUESTION: From Jibrin to Ndume, is national assembly out to cage outspoken members?

“I have always stood on the side of the truth. Maybe that is why I sometimes run into troubled waters,” Ali Ndume, lawmaker representing Borno south, had said after he was stripped of the coveted position of senate majority leader in January.Perhaps Ndume didn’t know that another trouble was lurking around the corner when he uttered those words.On Wednesday, the upper [...]

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Exchange Rates

October 15, 2018USDGBPEUR
INTERBANK360.45480.18420.32
LAGOS360485425
KANO361483423
PH362482423
ABUJA362481423
NOTE: The black market rates represent the most prevalent. They could be slightly higher or lower among different sellers.
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