Thursday, September 20, 2018
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    REVEALED: How Obasanjo ran NNPC as ‘one-man business’ for eight years

REVEALED: How Obasanjo ran NNPC as ‘one-man business’ for eight years

A new book has told of how ex-President Olusegun Obasanjo ran the Nigerian National Petroleum Corporation (NNPC) as a "sole administrator" for the eight years he led the country.According to the book titled ‘Too Good to Die: Third Term and the Myth of the Indispensable Man in Africa’, while serving as minister of petroleum resources, the former president never discussed [...]

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    Amina Mohammed: Okonjo-Iweala helped get Nigeria out of debt, but we are back there

Amina Mohammed: Okonjo-Iweala helped get Nigeria out of debt, but we are back there

Amina Mohammed, the deputy secretary-general of the United Nations (UN), says Ngozi Okonjo-Iweala, two-time minister of finance, spent years to get Nigeria out of debt, but the country is now back to worrying levels of debt. Speaking at the International Monetary Fund (IMF) and the UN Working Together Conversation monitored by TheCable on Tuesday, the former minister of environment in Nigeria [...]

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    I don’t have N20m in my account, says el-Rufai as groups donate nomination form to him

I don’t have N20m in my account, says el-Rufai as groups donate nomination form to him

Some groups in Kaduna state have purchased expression of interest and nomination forms of the All Progressives Congress (APC) for Nasir el-Rufai, governor of Kaduna.While receiving the forms at government house, Kaduna on Monday, the governor said he does not have up to N20 million in his account.The forms cost N22.5 millionAmong the groups are the Association of Cattle Sellers, Independent Petroleum [...]

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    EXCLUSIVE: Leah Sharibu speaks from captivity, asks Buhari to pity her (audio)

EXCLUSIVE: Leah Sharibu speaks from captivity, asks Buhari to pity her (audio)

Leah Sharibu, the only Christian among the abducted 119 students of Government Girls Secondary School, Dapchi, Yobe state, has asked President Muhammadu Buhari to save her from captivity.As a "proof of life" amidst speculations on her fate, TheCable has exclusively obtained her latest picture as well as the audio of her plea to Buhari.Leah, who was kidnapped in February, also [...]

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    US: There’s impunity in Nigeria… people getting away with serious crimes

US: There’s impunity in Nigeria… people getting away with serious crimes

The US says there is a "culture of impunity" in Nigeria, making people get away with serious crimes.David Young, acting US ambassador to Nigeria, said this on Sunday during a fellowship with church leaders in Jos, Plateau state.According to PUNCH, Young, who is the deputy chief of mission and charge de affaires, US embassy in Nigeria, said the "culture of [...]

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    Kofi Annan, former UN secretary-general, is dead

Kofi Annan, former UN secretary-general, is dead

Kofi Annan, former secretary-general of the United Nations, is dead.The Nobel peace laureate, 80, died on Saturday after a short illness, his family said in a statement."It is with immense sadness that the Annan family and the Kofi Annan Foundation announce that Kofi Annan, former Secretary General of the United Nations and Nobel Peace Laureate, passed away peacefully on Saturday [...]

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    Kenyan lawyer: Nigeria must improve its healthcare so Buhari doesn’t go abroad for medical vacation

Kenyan lawyer: Nigeria must improve its healthcare so Buhari doesn’t go abroad for medical vacation

Patrick Lumumba, director of Kenya School of Laws, says Nigeria must improve its healthcare system to discourage President Muhammadu Buhari from going abroad on medical vacation.Lumumba said this on Wednesday while speaking at Summit Of The Alternatives (SOTA) in Abuja. The professor spoke to the audience via Skype.Buhari is currently on a 10-day vacation in the UK.The former director of Kenya's [...]

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    Angry soldiers ground Maiduguri airport, threaten to shoot superiors

Angry soldiers ground Maiduguri airport, threaten to shoot superiors

There is currently tension at the Maiduguri international airport in Borno state as angry soldiers are shooting indiscriminately to protest their deployment from the state capital to another local government.The aggrieved soldiers reportedly arrived at the airport at 6pm ahead of their posting to Marte local government area.But trouble started when they regrouped and refused to board the aircraft which [...]

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    Sagay: Who cares about youth service? We can’t afford to lose Adeosun

Sagay: Who cares about youth service? We can’t afford to lose Adeosun

Itse Sagay, chairman of Presidential Advisory Committee Against Corruption (PACAC), says he does not believe that Kemi Adeosun, minister of finance, forged her National Youth Service Corps (NYSC) exemption certificate.Premium Times had reported that the minister falsified her NYSC exemption certificate but she is yet to react to the allegation.Speaking with The Nation on Thursday, Sagay described Adeosun as a [...]

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    DSS operatives block entrance of national assembly

DSS operatives block entrance of national assembly

Operatives of the Department of State Services (DSS) have blocked all the entrances into the national assembly.The operatives are turning away cars of lawmakers and one of those that have been prevented from gaining entry into the national assembly is Rafiu Ibrahim, senator representing Kwara south.A legislative source told TheCable that Ahmad Lawan, senate leader, and some senators elected on [...]

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    APC cannot demand Saraki’s resignation, says Falana

APC cannot demand Saraki’s resignation, says Falana

Femi Falana, human rights lawyer, has asked the All Progressives Congress (APC) to cease the alleged plan to remove Bukola Saraki as senate president.Following Saraki's defection to the Peoples Democratic Party (PDP), the ruling party had asked him to step down as senate president.Adams Oshiomhole, national chairman of the APC, on Wednesday said Saraki must return the crown to the house [...]

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    PHOTOS: Massive crowd as Wamakko tests APC’s popularity in Sokoto

PHOTOS: Massive crowd as Wamakko tests APC’s popularity in Sokoto

Shortly after Aminu Tambuwal, Sokoto governor, defected to the Peoples Democratic Party (PDP), his predecessor, Aliyu Wamakko, reacted by saying people will know who runs the state when he returns home.And just as he boasted, a towering crowd on Saturday trooped out to the streets of Sokoto to receive the senator.Wamakko, who represents Sokoto-north, had maintained that despite the governor's [...]

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    Obasanjo: God will never forgive me if I support Atiku for president

Obasanjo: God will never forgive me if I support Atiku for president

Former President Olusegun Obasanjo says ex-vice president Atiku Abubakar "can never enjoy" his support for a political office.He said God will never forgive him if he backs Atiku’s presidential ambition.Atiku served as vice-president to Obasanjo from 1999 to 2007. He aspired to succeed Obasanjo in 2003 but the elder statesman went ahead to complete another term.By 2007 when Obasanjo’s second term [...]

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    Isha Sesay leaves CNN after 13 years, says ‘western media too Trump-focused’

Isha Sesay leaves CNN after 13 years, says ‘western media too Trump-focused’

After 13 years as an anchor and correspondent for CNN, Isha Sesay has announced that she is leaving the media organisation.The British-born Sierra Leonean announced her departure from CNN via Twitter, giving her reasons for doing so in an interview with What We See magazine.https://twitter.com/IamIshaSesay/status/1024631359208226816‘WESTERN MEDIA TOO TRUMP-FOCUSED’Citing the western media’s "obsession with Trump," the journalist said she would rather [...]

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    Tambuwal joins PDP, describes APC as ‘sanctuary of the corrupt’

Tambuwal joins PDP, describes APC as ‘sanctuary of the corrupt’

Aminu Tambuwal, governor of Sokoto state, has described the All Progressives Congress (APC) as a "sanctuary for the corrupt", announcing his return to the Peoples Democratic Party (PDP). Tambuwal was elected speaker of the house of representatives under the platform of PDP but defected to APC in 2014.He won the governorship ticket of the APC and defeated the PDP candidate in [...]

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    Ministry of justice writes IGP: We can’t establish link between Saraki and Offa robbers

Ministry of justice writes IGP: We can’t establish link between Saraki and Offa robbers

The public prosecution office under the ministry of justice says it cannot establish a link between Senate President Bukola Saraki and the suspects arrested over robbery in Offa, Kwara state.The robbery, which took place on April 5, led to the death of 33 persons, including pregnant women and 12 police officers.The police had alleged that suspects had “direct link” to [...]

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Exchange Rates

September 20, 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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