Wednesday, June 19, 2019

TheCable

    Coach banned for calling Nigerian player ‘black idiot’

Coach banned for calling Nigerian player ‘black idiot’

Marko Nikolac, coach of Slovenia's league leaders Olimpija, has been handed a seven-game ban for calling Blessing Eleke, a Nigerian player in the club, a “black idiot”.Nikolic was caught on camera saying "look at that idiot" while Eleke was celebrating an equaliser in the game against rival Zavrc.The coach felt Eleke spent too long celebrating the goal – Eleke's first home goal for [...]

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    Division in senate over amendment of CCB Act

Division in senate over amendment of CCB Act

Some senators staged a walkout on Thursday to protest a bill seeking to amend the act establishing the Code of Conduct Bureau (CCB) and its tribunal.The senators expressed dissatisfaction with the bill, which passed second reading, saying the proposed amendments were not in the interest of Nigerians.Solomon Olamilekan (APC, Lagos west), one of the lawmakers opposed to it, said though the [...]

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    Keyamo writes IG, seeks Giwa’s arrest

Keyamo writes IG, seeks Giwa’s arrest

Festus Keyamo, lawyer to the Nigeria Football Federation (NFF), has written to the inspector-general of police seeking the arrest and prosecution of Chris Giwa.Giwa, citing a Jos court order, had sought to take over the secretariat of the NFF, announcing new appointments and the dissolution of committees and state excos.However, Keyamo, in a petition to Solomon Arase, the IG, attached [...]

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    Dream Team VI to face Sweden, Colombia, Japan in Rio

Dream Team VI to face Sweden, Colombia, Japan in Rio

Nigeria's U-23 national team will face Sweden, Colombia and Japan play in Group B at the Rio 2016 Olympics in August.That was the outcome of the draw held by FIFA on Thursday.Nigeria, gold medal winners in 1996 and runners-up to Argentina in 2008, will take on a former gold medal winner in the tournament.Sweden won the gold in 1948, came [...]

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    Fayose writes Chinese leader to stop $2bn loan

Fayose writes Chinese leader to stop $2bn loan

Ayodele Fayose, governor of Ekiti state, has written a letter to President Xi Jinping of China, seeking the stoppage of the $2 billion loan sought by the federal government.In the letter dated April 12, Fayose said Nigerians were "totally opposed to increment of the country’s debt burden, which is already being serviced with 25 per cent of the government's annual budget”.He alleged that some [...]

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    Sources: Boko Haram ‘angry’ over video leak

Sources: Boko Haram ‘angry’ over video leak

Credible sources have informed TheCable that Boko Haram leaders are angry over the leak of the video of 15 Chibok girls to the media. CNN had obtained the video which, it reported, had been seen by negotiators and government officials. The American news network then showed the clip to some of the Chibok parents ahead of the second anniversary of the kidnappings on Thursday. In [...]

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    Angola overtakes Nigeria in crude oil production

Angola overtakes Nigeria in crude oil production

Angola is now the number one oil producing nation in Africa, taking over the position from Nigeria.In its latest monthly report, the Organisation of Petroleum Exporting Countries (OPEC) said Nigeria’s oil production fell by 67,000 barrels per day (bpd) in March.The report said Nigeria produced 1.677 million bpd in March, down from 1.744 million barrels in February, while Angola oil [...]

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    Osinbajo: We’re not sure of Chibok girls’ return date

Osinbajo: We’re not sure of Chibok girls’ return date

‎Vice-President Yemi Osinbajo says though the current administration considers the return of Chibok schoolgirls a priority, it cannot be specific on when that will happen.Speaking at a roundtable programme in Abuja on Wednesday, Osinbajo appealed to Nigerians to exercise patience with the federal government.Osinbajo said President Muhammadu Buhari has not failed to challenge the military on doing everything possible to [...]

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    New video shows Chibok girls ‘alive and well’

New video shows Chibok girls ‘alive and well’

A video made available to CNN shows that the schoolgirls kidnapped from Chibok two years ago are still alive and looking well taken care of, the American news network is reporting.CNN said it obtained a video of some of the Chibok Girls which had been sent to negotiators by their captors as a "proof of life".It also said the video [...]

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    Iran, Iraq behind Shi’ia sect, says DSS official

Iran, Iraq behind Shi’ia sect, says DSS official

Mohammed Usman, the Department of State Service (DSS) official in charge of Sabon-Gari, Zaria, says Islamic Movement in Nigeria (IMN), also known as the Shi’ia sect, is proving such a divisive force in Kaduna state due to the huge funding it receives from countries such as Iraq and Iran.Speaking on Wednesday when the Nigeria police force and the state security Services [...]

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    Buhari to vandals: I’ll deal with you like B’Haram

Buhari to vandals: I’ll deal with you like B’Haram

President Muhammadu Buhari has warned vandals and saboteurs blowing up oil and gas installations in Nigeria to desist immediately or face the same drastic action being taken against Boko Haram by the armed forces.Speaking in Beijing on Wednesday at a meeting with members of the Nigerian Community in China, Buhari reaffirmed his total commitment to winning the war against corruption, [...]

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    Adio releases details of personal assets, says public officers should declare ‘publicly’

Adio releases details of personal assets, says public officers should declare ‘publicly’

Waziri Adio, executive secretary of the Nigeria Extractive Industries Transparency Initiative  (NEITI), has released the details of his asset declaration and encouraged public officers to be open about what they declare.In a statement he issued on Wednesday, Adio said although it is not a requirement that public officers must publish what they declare, it is also not criminal to follow [...]

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    UK Telegraph: Buhari funding persecution of political enemies with ‘Boko Haram donor funds’

UK Telegraph: Buhari funding persecution of political enemies with ‘Boko Haram donor funds’

The government of President Muhammadu Buhari has been accused of misappropriating hundreds of millions of pounds given to Nigeria to tackle insurgency.A report by the UK Telegraph accused the current administration of using Britain's anti-insurgency donation to fund a witch-hunt against opposition politicians.The report said Britain had committed to spending £860 million in foreign aid to Nigeria to support the efforts to crush [...]

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    Follow World Bank/IMF meeting on TheCable

Follow World Bank/IMF meeting on TheCable

From depressing crude oil prices in the last 18 months, to devaluation of the Chinese Yuan, to the challenges of global warming, climate change and rebating migrant crisis, the world is definitely  in need of economic salvation.The World Bank Group (WBG) and the International Monetary Fund (IMF), institutions defining global economic policies, will be meeting in Washington DC to decide [...]

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    DSS can’t prove that slain ‘Abia 5’ are Hausa, says Igbo group

DSS can’t prove that slain ‘Abia 5’ are Hausa, says Igbo group

Aka Ikenga, an elite Igbo socio-cultural organisation, has flayed the Department of State Services for accusing the Indigenous People of Biafra (IPOB) of killing five Fulani men in Abia state.On Sunday, the DSS blamed IPOB for the killing of the men, whom it said were buried in shallow graves.But in a statement signed by Goddy Uwazuruike, Aka Ikenga’s president-general, on [...]

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    Emenalo: I accepted Otedola’s $100,000 bribe to nail him

Emenalo: I accepted Otedola’s $100,000 bribe to nail him

‎Boniface Emenalo, former secretary of the house of representatives ad hoc committee on fuel subsidy, on Tuesday said he accepted the $100,000 which Femi Otedola, a business mogul, offered members of the committee with the intention of exposing him.Emenalo said Otedola attempted to bribe Farouk Lawan, chairman of the committee, and other members to get soft landing in the investigation [...]

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Exchange Rates

June 17, 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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