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    THE INSIDER: How INEC’s in-fighting, inexperience messed up Feb 16 elections

THE INSIDER: How INEC’s in-fighting, inexperience messed up Feb 16 elections

By Wednesday, February 13, 2019, experienced members of staff and management of the Independent National Electoral Commission (INEC) knew that the February 16 presidential and national assembly elections would not hold -- no matter the magic. But because of the pervading atmosphere of mutual distrust and suspicion at the commission, people went about their businesses in hushed tones, preparing for [...]

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    INEC confirms APC candidate is commission’s contractor

INEC confirms APC candidate is commission’s contractor

Mahmood Yakubu, national chairman of the Independent National Electoral Commission (INEC), has confirmed that one of the candidates of the All Progressives Congress (APC) is a contractor to the commission.Addressing stakeholders on the reason behind the postponement of the presidential and parliamentary elections in Abuja on Saturday, the INEC chairman said the contractor's political inclination will not affect the commission.The [...]

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    ‘Why did you wait till 2am?’ — Oshiomhole tackles INEC chairman at ICC

‘Why did you wait till 2am?’ — Oshiomhole tackles INEC chairman at ICC

Adams Oshiomhole, national chairman of the All Progressives Congress (APC), took on Mahmood Yakubu, chairman of the Independent National Electoral Commission (INEC), over the postponement of the elections.Speaking at the International Conference Center (ICC), Abuja, where the commission held a press conference to explain the reasons for shifting the polls, Oshiomhole said the commission ought to have done more.The APC [...]

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    INEC postpones presidential poll till Feb 23

INEC postpones presidential poll till Feb 23

The Independent National Electoral Commission (INEC) has moved the presidential and national assembly elections till February 23.The governorship and state assembly elections will now hold on March 9.Mahmood Yakubu, chairman of INEC, announced this at a press conference in the early hours of Saturday.He said the decision was taken after a careful review of the plan for the exercise."Following a [...]

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    Two arrested with 14 sacks of ballot papers in Kano

Two arrested with 14 sacks of ballot papers in Kano

Two persons in possession of 14 sacks containing ballot papers were arrested in Kano state on Thursday.Shortly after their arrest, there were reports that the ballot papers were thumb-printed for the All Progressives Congress (APC).But Haruna Abdullahi,  spokesman of the Kano state police command, denied the report, saying the ballot papers were specimen.He said the suspects were apprehended with the consignment [...]

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    7 things GDP numbers tell us about Buhari’s reelection bid

7 things GDP numbers tell us about Buhari’s reelection bid

On Tuesday, the National Bureau of Statistics (NBS) released the gross domestic product (GDP) numbers, showing a 1.93 percent growth in the Nigerian economy for the year 2018.Financial analysts, public commentators, local and foreign media, and opposition bigwigs have said repeatedly that President Muhammadu Buhari of the All Progressives Congress (APC) has done poorly with the revival of the economy.Former [...]

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    I’ve cancelled my trip to Nigeria, says Clinton

I’ve cancelled my trip to Nigeria, says Clinton

Bill Clinton, former US president, will no longer travel to Nigeria to attend the signing of a peace accord between President Muhammadu Buhari and Atiku Abubakar, presidential candidate of the Peoples Democratic Party (PDP).According to the National Peace Committee (NPC) led by Abdulsalami Abubakar, former head of state, Clinton was expected to be in Abuja on Wednesday to deliver an address [...]

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    Kwankwaso, Secondus say it’s all over for APC as Atiku ‘shuts down’ Kano

Kwankwaso, Secondus say it’s all over for APC as Atiku ‘shuts down’ Kano

Uche Secondus, national chairman of the Peoples Democratic Party (PDP), and Rabiu Kwankwaso, a serving senator, say it is over for President Muhammadu Buhari and the ruling All Progressives Congress (APC).This followed the massive reception that Atiku Abubakar, the party's presidential candidate, received in Kano on Sunday, known as a stronghold of the APC.Buhari secured 1..9 million votes, his highest, [...]

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    Eurasia Group: Atiku has gained momentum but Buhari will win

Eurasia Group: Atiku has gained momentum but Buhari will win

Eurasia Group, reputed as the world’s largest political-risk consultancy, says President Muhammadu Buhari will win the February 16 presidential election.In its final Eurasia Group Politics First election forecast seen by TheCable, the group, which was founded in 1998 by American political scientist Ian Bremmer, said Buhari has a 60 percent probability to win."Opposition candidate Atiku Abubakar has regained some momentum [...]

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    EXCLUSIVE: EFCC traces lawyer’s $30,000 payment to Onnoghen’s account

EXCLUSIVE: EFCC traces lawyer’s $30,000 payment to Onnoghen’s account

The Economic and Financial Crimes Commission (EFCC) has traced a deposit of $30,000 by Joe Agi, a senior advocate, into the bank account of Walter Onnoghen, the embattled chief justice of Nigeria (CJN), TheCable understands. It has emerged that Onnoghen also failed to disclose that he has an account at Heritage Bank in his asset declaration form -- another violation of [...]

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    HURRAY! Buhari signs anti-monopoly law — 15 years after

HURRAY! Buhari signs anti-monopoly law — 15 years after

Fifteen years after the Bureau for Public Enterprise (BPE) proposed an anti-trust law to checkmate monopoly in the Nigerian economy, President Muhammadu Buhari has signed the Federal Competition and Consumer Protection bill.The law seeks to eliminate monopoly and ensure competitive trade in the country.Ita Enang, senior special assistant to the president on national assembly (senate), disclosed this in a statement on [...]

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    Abacha Loot: Despite outcry, FG secretly pays Malami’s lawyers ‘dubious’ $15m fees

Abacha Loot: Despite outcry, FG secretly pays Malami’s lawyers ‘dubious’ $15m fees

Oladipo Okpeseyi and Temitope Adebayo, two Nigerian lawyers hired for the return of $321 million Abacha loot from Switzerland, have been secretly paid their controversial fees, TheCable can report.Although they were initially to be paid $17 million, it was cut by $2 million and paid following pressure from a very popular Lagos-based pastor who is a political associate of President [...]

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    Buhari swears in 27-year-old female lawyer as ICPC board member

Buhari swears in 27-year-old female lawyer as ICPC board member

President Muhammadu Buhari has sworn-in 27-year-old Hannatu Muhammad as a member of the board of the Independent Corrupt Practices and Other Related Offences Commission (ICPC).Muhammad was appointed as one of the board members to represent the youth in compliance with the provision of the ICPC Act.According to the Act, the board shall include "a youth not being less than 21 or [...]

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    Lagos APC leaders halt moves to impeach Ambode

Lagos APC leaders halt moves to impeach Ambode

Leaders of the All Progressives Congress (APC) in Lagos have asked the state assembly to drop the move to impeach Akinwunmi Ambode, the governor.The conflict between the governor and the lawmakers was resolved at a special governor's advisory committee (GAC) meeting held in Marina, Lagos, on Sunday.Among those who attended the meeting were the governor, Idiat Adebule, his deputy; Babajide [...]

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    The Economist insists Atiku will win presidential election

The Economist insists Atiku will win presidential election

The Economist Intelligence Unit (EIU) Africa is insisting that Atiku Abubakar, the presidential candidate of the Peoples Democratic Party (PDP) will win the February 16 presidential election.On Friday, EIU Africa said the margin of victory is getting narrower as the election approaches, but Atiku and his political party will win the historic election."#NigeriaDecides2019 : Less than 2 weeks before #Nigeria's [...]

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    Tongues wagging as Niger Republic governors ‘warm up’ for Buhari’s Kano visit

Tongues wagging as Niger Republic governors ‘warm up’ for Buhari’s Kano visit

Two governors from Niger Republic were part of those who received President Muhammadu Buhari ahead of his campaign in Kano state.The governors are Issa Moussa of Zinder and Zakiri Umar of Maradi.Salihu Yakasai, media aide, of Umar Ganduje, governor of Kano, disclosed it in a tweet on Thursday."H.E @GovUmarGanduje with his deputy H.E Dr Nasiru Gawuna, His former Dep H.E [...]

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Exchange Rates

July 12, 2019USDGBPEUR
INTERBANK306397354
LAGOS362475413
KANO361474413
PH361475412
ABUJA362476413
NOTE: The black market rates represent the most prevalent. They could be slightly higher or lower among different sellers.
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