Thursday, October 19, 2017
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    Operation Crocodile Smile begins in Lagos

Operation Crocodile Smile begins in Lagos

Tukur Buratai, chief of army staff, launched Operation Crocodile Smile, a military exercise, at Takwa Bay Island in Lagos state, on Friday.He said the increase in crimes in coastal areas compelled the army to step up training and operations in the amphibious environment.According to him, the ‘order of battle’ 2016 provides for amphibious battalion on the island to keep the coastal area of [...]

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    Buhari meets south-east governors, Ohanaeze

Buhari meets south-east governors, Ohanaeze

President Muhammadu Buhari on Friday meet with some south-east governors.Vice-President Yemi Osinbajo, Ike Ekweremadu, deputy senate president, and the leadership of Ohanaeze Ndigbo were also at the meeting which took place at the presidential villa in Abuja.There had been a tense security situation in the south-east following the launch of Operation Python Dance II by the army.In the early days [...]

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    IPOB: We’re the biggest mass movement on earth… we can’t change our name

IPOB: We’re the biggest mass movement on earth… we can’t change our name

The Indigenous People of Biafra (IPOB) has described itself as the “biggest mass movement anywhere on earth”, vowing to retain its name.In a statement on Friday, the group said the proscription by the federal government cannot force it to operate under a new name.IPOB accused the government of working with some notable groups in the region to “give the impression [...]

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    Femi Adesina: Restructuring will come… this country will be renegotiated

Femi Adesina: Restructuring will come… this country will be renegotiated

Femi Adesina, presidential spokesman, says Nigeria will be "renegotiated, restructured but will not disintegrate".He said this in Abuja during the 8th edition of the 'Change We Need Nigeria Initiative' annual lecture series.He said he was suspicious that the call for restructuring is another form of opposition, especially because it is from "people who have been in power for 16 years".Adesina [...]

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    NIPOST to begin banking services

NIPOST to begin banking services

Godwill Magulike, district manager of Ilorin division of the Nigeria Postal Service (NIPOST), says the agency will soon introduce banking services in its operation.Speaking with NAN on Friday, Magulike said the banking services would enable Nigerians to send money within and outside the country.He said the plan to introduce the service is geared towards meeting the current demands in the [...]

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    IGP asks court to stop senate from probing him

IGP asks court to stop senate from probing him

Ibrahim Idris, inspector-general of police (IGP), has asked a Federal Capital Territory (FCT) high court to stop Bukola Saraki, president of the senate, and the upper legislative chamber from probing him.Saraki and the senate are defendants in the suit.Last week, the senate resolved to probe the allegations raised by Isah Misau, senator representing Bauchi central, against Idris after he drew [...]

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    Osinbajo: Why I approved NNPC loans

Osinbajo: Why I approved NNPC loans

Vice-President Yemi Osinbajo has cleared the air over his approval of two loans for the Nigerian National Petroleum Commission (NNPC) during his time as acting president.Speaking to reporters during the ground-breaking of the multi-billion naira Bonny-Bodo road project in Rivers state on Thursday, Osinbajo said he gave the approval as required by the law.He also said the approvals were for [...]

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    We recovered N527m, $53m through help of whistle-blowers, says Magu

We recovered N527m, $53m through help of whistle-blowers, says Magu

Ibrahim Magu, acting chairman of the Economic and Financial Crimes Commission (EFCC), says the agency recovered N527 million, $53 million and £21 million through the help of whistle-blowers.Magu said this at the  unveiling of 'Corruption Anonymous’, the civil society whistle-blower support initiative of the African Centre for Media & Information Literacy (AFRICMIL) in Abuja on Thursday.He said the negative effect [...]

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    Senate considers Buhari’s $5.5bn loan request

Senate considers Buhari’s $5.5bn loan request

The senate on Thursday begun consideration of the approval of the $5.5 billion loan request of President Muhammadu Buhari.Ike Ekweremadu, deputy senate president, referred the president's request to the local and foreign debt committee after Ahmed Lawan, senate leader, moved for its consideration.The committee is expected to report back to the upper legislative chamber in two weeks.According to a letter which Buhari [...]

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    JAMB: Why 2018 UTME fee may not be reduced

JAMB: Why 2018 UTME fee may not be reduced

Is-haq Oloyede, registrar of Joint Admissions and Matriculation Board (JAMB), says the board may not review downward the fee for the Unified Tertiary Matriculation Examination (UTME) in 2018.Oloyede told journalists on Thursday in Ilorin that the board had initially thought of reducing the fee for UTME in 2018. [...]

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Exchange Rates

Oct 19,2017USDGBPEUR
INTERBANK360.45487.18428.32
LAGOS362475427
KANO363477428
PH364476427
ABUJA362480426
NOTE: The black market rates represent the most prevalent. They could be slightly higher or lower among different sellers.
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