Wednesday, September 26, 2018

TheCable

    FG withdraws N100bn suit against Abacha’s son

FG withdraws N100bn suit against Abacha’s son

A High Court sitting in the Federal Capital Territory (FCT) has discharged Mohammed Abacha, son of late former head of state, General Sani Abacha, for allegedly receiving N100.38 billion worth of  stolen property.The office of the attorney-general of the federation had filed a nine-count charge against Abacha on behalf of the federal government.But Justice Mamman Kolo of the FCT High Court [...]

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    Diezani ‘won’t honour house invitation’ over jets

Diezani ‘won’t honour house invitation’ over jets

The minister of petroleum resources, Mrs Diezani Alison-Madueke, will not honour the invitation sent to her by the public accounts committee of the house representatives.The group managing director of the Nigerian National Petroleum Corporation (NNPC), Andrew Yakubu, has written to the committee to decline the invitation to the hearing slated for June 26.The house committee is probing expenditure on private jet [...]

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    Suicide bomber kills football fans in Yobe

Suicide bomber kills football fans in Yobe

A viewing centre in Yobe State where members of the public watch matches of the ongoing Brazil 2014 FIFA World Cup has been hit by a bomb explosion, killing an unspecified number of football fans.Hosts Brazil had just begun their encounter against the Mexican national team when the explosion reportedly went off.According to BBC, the blast hit Damaturu town at about [...]

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    3 die in China after staying awake all night for World Cup

3 die in China after staying awake all night for World Cup

Three Chinese football fans have died after staying up all night to watch World Cup matches broadcast from Brazil.According to a report monitored by NAN, a 39-year-old Shanghai man died on Sunday after watching World Cup games for three consecutive nights.The man, identified only by the surname Zhou, died of a stroke while watching the match between Uruguay and Costa [...]

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    ‘I’m going to Brazil!’

‘I’m going to Brazil!’

Abuja-based businesswoman, Mrs. Uzoma Nnena Okoro, explains the thrill she is experiencing as one of the 60 winners of a trip to Brazil in the DStv Let's Go To Brazil promo Could you briefly share your background with us?I am married with four children, three boys and a girl. I currently live in Mogadishu Cantonment in Abuja. I am fifty-one years [...]

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    Nigeria ‘bungling’ Ogwuche’s extradition

Nigeria ‘bungling’ Ogwuche’s extradition

Nigeria has been unable to extradite Aminu Sadiq Ogwuche, the suspected co-mastermind of the April 14 Nyanya blast, from Sudan because of a procedural failure, a Sudanese newspaper has reported.Boko Haram claimed responsibility for the blast that killed 75 persons at a bus station, while security agencies declared Ogwuche wanted. He was eventually arrested by Interpol in Sudan.But initial hopes [...]

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    Nigeria, Iran play World Cup’s first goalless game

Nigeria, Iran play World Cup’s first goalless game

The Super Eagles of Nigeria returned to the global stage to play out a goalless draw at a World Cup that had yielded goals in each of the preceding 12 encounters.The result means Nigeria has now failed to win any of its last nine World Cup games, the last being the 1-0 victory over Bulgaria on June 19, 1998, at [...]

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    Nigeria vs. Iran: How it went

Nigeria vs. Iran: How it went

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    486 ‘Boko Haram suspects’ arrested in Abia

486 ‘Boko Haram suspects’ arrested in Abia

On a day the police said they had foiled a plot to bomb a church in Owerri, Imo State, hundreds of suspected militants (pictured) were arrested in Abia State, also in south-eastern Nigeria.They were arrested on Sunday along the Enugu-Port Harcourt expressway by soldiers attached to the 144 battalion of the Nigerian Army, Asa, Ukwa West LGA, Abia State.The suspects, [...]

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    Keep off! South-east governors warn Boko Haram

Keep off! South-east governors warn Boko Haram

Sunday's foiled bombing of Winners Chapel, Owerri, Imo State, has elicited a stern "keep off our zone" warning from south-east governors to Boko Haram militants.No-one has yet claimed responsibility for the plot but several churches in the north have been bombed by Boko Haram ─ making the insurgents prime suspects.Police said six suspects had been arrested while improvised explosives devices [...]

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    Mandela’s wives end mourning, begin life afresh

Mandela’s wives end mourning, begin life afresh

Members of the family of late former South Africa President, Nelson Mandela, have ended the traditional mourning period for the global icon, seven months after his death.According to Daludumo Mtirara, who was speaking on Monday on behalf of the family, the mourning period for Mandela ended on Sunday with a cleansing ceremony and burning of their black mourning clothes.The cleansing [...]

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    Multinationals just love coming to Nigeria

Multinationals just love coming to Nigeria

It is not all bad news for Nigeria after all. The Frontier Markets Sentiment Index, created exclusively for the Wall Street Journal by Washington DC-based advisory firm Frontier Strategy Group, has rated the Nigerian market as the most attractive to American and European multinationals.Nigeria is used to being rated among the most corrupt countries, the most difficult places to do [...]

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    Mark tipped to head ‘transitional government’

Mark tipped to head ‘transitional government’

UK-based influential publication, Africa Confidential, has tipped Nigeria's Senate President David Mark to head a "transitional national government".In an analysis posted on its website on June 13, 2014, the publication said: "Should (President Goodluck) Jonathan stumble, jump or be pushed, a groundswell is building for some form of transitional government to tackle both the security crisis and the flagging morale [...]

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    Bombers ‘targeted 5 churches in Imo State’

Bombers ‘targeted 5 churches in Imo State’

But for the timely intervention of the security agencies, five churches in Imo State would have been bombed on Sunday morning, police sources have said.On Saturday night, church security men at the Winners Chapel along Owerri-Port Harcourt road had noticed "strange movements" within the large premises of the church and reported to the senior pastor, Pastor Moses Oloyede.A church member [...]

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    [UPDATED] Plot to bomb Winners Chapel ‘foiled’

[UPDATED] Plot to bomb Winners Chapel ‘foiled’

Police say they have foiled a plan to bomb a branch of the Winners Chapel located on Owerri-Port Harcourt expressway, Imo State.An estimated 2,000 members worship at the church every Sunday.The improvised explosive devices (IEDs) were found concealed in a refrigerator or air conditioner compressor inside a bag.Imo State police commissioner Abdulmajid Ali confirmed to journalists at the premises of the [...]

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    Sanusi finally takes over the palace

Sanusi finally takes over the palace

The long wait is over. The emir of Kano, Sanusi Lamido Sanusi, has finally moved to the palace to commence his reign as the 14th Fulani ruler of the emirate.After leading Jumaat prayers ─ his first ─ at the Kano state government house mosque on Friday, Sanusi rode to the palace in a convoy of cars at some minutes past [...]

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Exchange Rates

September 24, 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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