Wednesday, November 21, 2018
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    VIDEO: ‘I helped PDP rig elections’ — Ibrahim Mantu confesses

VIDEO: ‘I helped PDP rig elections’ — Ibrahim Mantu confesses

Ibrahim Mantu, a former deputy senate president, has confessed that he helped his party — the Peoples Democratic Party (PDP) — rig elections in the past.Mantu said this when he was being interviewed by Maupe Ogun-Yusuf of Channels Television.He said he helped the party rig the elections by bribing officials of the Independent National Electoral Commission (INEC) as well as [...]

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    Bakare to Buhari: We can shut this government down

Bakare to Buhari: We can shut this government down

Tunde Bakare, pastor of the Latter Rain Assembly, says Nigerians can shut down the government as a result of herdsmen killings in recent times. Bakare spoke on the sidelines of “the real cost of subsidy”, an event organised by Enough is Enough, a coalition of youth advocacy groups. He said the order by the inspector general of police for vigilante groups and weapon-bearing individuals to surrender "illegal [...]

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    ‘Your investment in health, education not good enough’– Bill Gates hits FG again

‘Your investment in health, education not good enough’– Bill Gates hits FG again

Bill Gates, world's second richest man, says the federal government's investments in young people, especially in areas of health and education, is not good enough.He said this in an interview with CNN. The co-chairman of Bill and Melinda Gates Foundation reiterated the comments he made when he spoke at the expanded national economic council meeting on Thursday.At the meeting which [...]

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    Danjuma asks Nigerians to defend themselves against killers, says ‘armed forces not neutral’

Danjuma asks Nigerians to defend themselves against killers, says ‘armed forces not neutral’

Theophilus Danjuma, a former minister of defence, has asked Nigerians to defend themselves against killers.Danajuma said this on Saturday while speaking at the maiden convocation of Taraba State University.He said the army and other security agencies colluded with killers to attack Nigerians.The retired general accused the army of "bias", saying it has failed in its responsibility of securing the country [...]

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    ‘You almost turned us to beggars despite getting your $800,000 estacode’ – the letterbomb of Shittu’s aide

‘You almost turned us to beggars despite getting your $800,000 estacode’ – the letterbomb of Shittu’s aide

On Thursday, Adebayo Shittu, minister of communications, fired Victor Oluwadamilare, his special assistant on media and Imam Tajudeen, his special assistant on special duties.Although the minister did not make public the reason for the action, he warned those who have dealings with him against associating with the aides.Hours before the sack was announced, a letter written by Oluwadamilare trended on [...]

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    I’m happy my daughter didn’t denounce Christ, says father of only Dapchi schoolgirl in captivity

I’m happy my daughter didn’t denounce Christ, says father of only Dapchi schoolgirl in captivity

Nata Sharibu, father of the only student of Federal Government Science and Technical College, Dapchi, Yobe state who is yet to be freed, says Boko Haram insurgents decided not to release his daughter because she refused to denounce Christ.A total of 110 students were abducted when insurgents raided the school on February 19.In a surprising manner, Boko Haram fighters returned [...]

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    Osinbajo: Jonathan shared N150bn two weeks to 2015 polls

Osinbajo: Jonathan shared N150bn two weeks to 2015 polls

Vice-President Yemi Osinbajo has alleged that the government of former President Goodluck Jonathan "essentially shared" N150 billion two weeks to the 2015 polls.He said while the current administration with less revenue, has increased capital funding by 400 percent in power, works and housing, defence, transportation, agricultural sectors, the Jonathan administration with surplus funds, spent N14 billion on agriculture in 2014, N15 [...]

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    Peter Obi: People will stop shouting over allowance of senators if I reveal what govs earn

Peter Obi: People will stop shouting over allowance of senators if I reveal what govs earn

Peter Obi, a former governor of Anambra state, says what governors earn in Nigeria is immoderate.Speaking as a panelist at the dialogue organised by Ripples Centre for Data and Investigative Journalism in Lagos on Thursday, Obi told the audience that if he revealed how much a Nigerian governor earns, the outrage would be hotter than what trailed the N13.5 million monthly pay [...]

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    Abducted schoolgirls: I responded better than Jonathan, says Buhari

Abducted schoolgirls: I responded better than Jonathan, says Buhari

President Muhammadu Buhari says his administration’s response to the abduction of secondary school students is better when compared to that of the previous government.While Boko Haram insurgents kidnapped 110 students of Government Girls’ Science and Technical College, Dapchi, Yobe state on February 19, 2018, the group abducted 274 students from Government Girls Secondary School, Chibok, Borno state, on April 14, [...]

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    Dalung: Lalong misled Buhari to inaugurate a bridge built by Jonathan

Dalung: Lalong misled Buhari to inaugurate a bridge built by Jonathan

Solomon Dalung, minister of youth and sports, has accused Simon Lalong, governor of Plateau state, of misleading President Muhammadu Buhari to inaugurate a bridge which was completed by ex-President Goodluck Jonathan.Buhari paid a two-day working visit to Plateau last week - his first since he took over in 2015.In a statement on Monday, Dalung criticised the governor, saying Lalong had [...]

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    EXCLUSIVE: Ekweremadu to face trial over ‘hidden assets’ in UAE, UK, US

EXCLUSIVE: Ekweremadu to face trial over ‘hidden assets’ in UAE, UK, US

Ike Ekweremadu, deputy senate president, will be charged before the Code of Conduct Tribunal (CCT) next week by the office of the attorney-general of the federation (AGF), TheCable understands.He will be arraigned for "false declaration of assets" -- the same charge slammed against Senate President Bukola Saraki whose case was adjourned indefinitely on Thursday by the tribunal.Ekweremadu is accused of [...]

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    Melaye: PDP borrowed N6trn in 16 years but APC in debt of 11trn in three years

Melaye: PDP borrowed N6trn in 16 years but APC in debt of 11trn in three years

Dino Melaye, senator representing Kogi west, says the All Progressives Congress (APC)  under President Muhammadu Buhari has accrued N11 trillion debt in three years, as against N6 trillion borrowed by the Peoples Democratic Party (PDP) in 16 years.Melaye said this while speaking at the upper legislative chamber on Wednesday.The lawmaker said despite floating many Eurobonds, "there is no specific programme" [...]

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    Nigerian-born Iwobi becomes first black senator in Italy

Nigerian-born Iwobi becomes first black senator in Italy

Toni Iwobi, a Nigerian IT entrepreneur who has spent 38 years in Italy, has become the first black senator in the European country.He was elected in the industrial city of Brescia in northern Italy."Friends, it is with great emotion that I inform you that I was elected senator of the Republic!" he said in a statement."After over 25 years of battles in [...]

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    Bakare: I can’t comprehend what Buhari was doing at the Kano wedding with 110 girls missing

Bakare: I can’t comprehend what Buhari was doing at the Kano wedding with 110 girls missing

Tunde Bakare, the serving overseer of the Latter Rain Assembly (LRA), says he cannot comprehend what President Muhammadu Buhari and 22 state governors were doing at the Kano wedding, while 110 Dapchi schoolgirls are still in captivity.On Saturday, at least 22 governors convereged on Kano, to celebrate the wedding of Idris Ajimobi and Fatima Ganduje, offsprings of Abiola Ajimobi, and Ibrahim [...]

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    Thailand ‘blames Buhari’ for collapse of its rice mills

Thailand ‘blames Buhari’ for collapse of its rice mills

Audu Ogbeh, minister of agriculture, says Thailand has accused President Muhammadu Buhari’s government of being responsible for the collapse of seven of its rice mills.The minister made this known at a meeting of the Presidential Fertilizer Initiative (PFI) and leadership of the Fertiliser Producers and Suppliers of Nigeria (FEPSAN) held at the council chamber of the presidential villa, Abuja, on [...]

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    IMF says Nigerians getting poorer, calls for ‘urgent and coherent’ economic policies

IMF says Nigerians getting poorer, calls for ‘urgent and coherent’ economic policies

The International Monetary Fund (IMF) says Nigerians are getting poorer and that "coherent and comprehensive" economic reforms are urgently needed in the country.The gross domestic product report released by the National Bureau of Statistics (NBS) on Tuesday showed that the economy recorded a growth of 0.83 percent in 2017.The Bretton Wood institution said it expects the government to “muddle through” [...]

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Exchange Rates

November 16, 2018USDGBPEUR
INTERBANK306397354
LAGOS359475418
KANO359476420
PH360476420
ABUJA359478419
NOTE: The black market rates represent the most prevalent. They could be slightly higher or lower among different sellers.
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