Sunday, February 25, 2018
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    No cattle ‘roaming’, five-year jail term… what to know about the grazing law ‘tearing Benue apart’

No cattle ‘roaming’, five-year jail term… what to know about the grazing law ‘tearing Benue apart’

In the first ten days of 2018, over 80 people died in the clashes between farmers and herdsmen in Benue state.The crisis has lingered on for years without a lasting solution.In a bid to curb these attacks, Samuel Ortom, governor of the state, signed the anti-grazing bill into law on May 22, 2017.Although the governor said the law would put an [...]

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    FACT CHECK: Whose ‘handiwork’ is Kaduna-Abuja rail? Obasanjo or Jonathan?

FACT CHECK: Whose ‘handiwork’ is Kaduna-Abuja rail? Obasanjo or Jonathan?

On Thursday, President Muhammadu Buhari was in Kaduna state to inaugurate new coaches and locomotives for the Abuja-Kaduna train service.The president, after the inauguration, took a train ride from Rigasa to Kakuri on the outskirts of Kaduna to inaugurate Nigeria’s first inland dry port.Commenting via Twitter, Ben Murray Bruce, senator representing Bayelsa east, asked Buhari to thank ex-President Goodluck Jonathan [...]

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    OBITUARY: Kaita, the Katsina kingmaker who wanted Yar’Adua’s election nullified

OBITUARY: Kaita, the Katsina kingmaker who wanted Yar’Adua’s election nullified

Since the news of his death broke on Tuesday night, tributes have been pouring in for Lawal Kaita, an old generation politician who remained active with developments till he bade the world bye. President Muhammadu Buhari described him as a "distinguished leader".Bello Masari, governor of Katsina, said politics would never be the same without Kaita's "jocular banter". A group known [...]

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    QUESTION: First, Mbaka, now Bakare… why are Buhari’s friends turning against him?

QUESTION: First, Mbaka, now Bakare… why are Buhari’s friends turning against him?

“I love President Goodluck Jonathan and I used to be his ardent fan, but I want good for my people and that’s why I want Nigerians to vote out Goodluck Jonathan and vote General Muhammad Buhari. I don’t care if Buhari is a Muslim and from the north; all I care about is that Buhari can save Nigeria,” Ejike Mbaka, [...]

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    Leaked documents reveal how Shell blackmailed Nigeria in Malabu deal

Leaked documents reveal how Shell blackmailed Nigeria in Malabu deal

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    EXCLUSIVE: Sleaze hits $321m Abacha loot recovery as Malami creates ‘job for the boys’

EXCLUSIVE: Sleaze hits $321m Abacha loot recovery as Malami creates ‘job for the boys’

The celebrated imminent repatriation of $321 million stolen by Sani Abacha, former military ruler, has run into a storm with suspicious moves that may amount to "re-looting the loot" through the backdoor.The federal government had, between 2013 and 2014, used the services of Swiss lawyers, Enrico Monfrini and Christian Luscher, to recover the stolen funds from Liechtenstein and Luxembourg -- and domiciled [...]

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    INTERVIEW: Kogi, Ogun and Plateau are currently the richest in solid minerals, says Fayemi

INTERVIEW: Kogi, Ogun and Plateau are currently the richest in solid minerals, says Fayemi

The minister of mines and steel development, Kayode Fayemi, PhD, is full of hope and expectation that Nigeria's solid minerals are finally going to take their place of pride with the groundwork that has gone into the sector in the last two years. He also speaks on his rumoured governorship ambition in Ekiti state, where he was governor from 2010 [...]

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    ‘Day Dogara stopped breathing’ — Momodu narrates near-death experience of speaker

‘Day Dogara stopped breathing’ — Momodu narrates near-death experience of speaker

Yakubu Dogara, speaker of the house of representatives, stopped breathing at some point in his childhood, forcing neighbours to ask his father to "bury this boy" as he moved from one health crisis to the other.His father, in distress, asked the sympathetic undertakers: "How can I bury such a promising boy?"Tired of using local herbs that failed to address his son's [...]

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    EXCLUSIVE: Auditor-general reveals source of $43m Ikoyi cash

EXCLUSIVE: Auditor-general reveals source of $43m Ikoyi cash

The huge sum of money found at a residence in Ikoyi, Lagos state, was taken from Nigeria's joint venture (JV) cash call account at the American bank, JP Morgan Chase, according to the report of the auditor-general of the federation seen by TheCable.NNPC currently runs six JVs -- with Shell Petroleum Development Company of Nigeria Limited (SPDC), Chevron Nigeria Limited (CNL), Mobil Producing [...]

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    EXCLUSIVE: Crisis looms as key CBN committee can’t form quorum

EXCLUSIVE: Crisis looms as key CBN committee can’t form quorum

The all-important monetary policy committee (MPC) of the Central Bank of Nigeria (CBN) will not be able to meet in January 2018 because of quorum issue, TheCable can report. On Tuesday, Suleiman Barau retired as CBN deputy governor (operations), making it legally impossible for the MPC to meet.In all, there are currently only five members available -- whereas the quorum is six [...]

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Exchange Rates

Feb 23, 2018USDGBPEUR
INTERBANK360.45487.18428.32
LAGOS364497448
KANO364495430
PH363498435
ABUJA365497434
NOTE: The black market rates represent the most prevalent. They could be slightly higher or lower among different sellers.
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