Monday, October 22, 2018
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    Osinbajo: When I want to sack someone corrupt, religious leaders call me not to

Osinbajo: When I want to sack someone corrupt, religious leaders call me not to

Vice-President Yemi Osinbajo says whenever he wants to sack a public official that has been found to be corrupt, he gets many calls from religious and political leaders not to do so.Speaking on at 24th Nigerian Economic Summit plenary on corruption and rule of law, in Abuja on Monday, the vice-president said the Nigerian elite are often times in the [...]

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    Nigeria has issued first gold-refining licence, says Udoma

Nigeria has issued first gold-refining licence, says Udoma

Udo Udoma, minister of budget and national planning, says the federal government of Nigeria has issued the first gold refining licence, as a result of the economic recovery and growth plan.Speaking at the 24th Nigerian Economic Summit (NES24) in Abuja on Monday, Udoma said this was one of the many outcomes of the ERGP focus labs.The minister added that the primary [...]

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    Report: Atunwa, Kwara PDP guber candidate, forged NYSC certificate

Report: Atunwa, Kwara PDP guber candidate, forged NYSC certificate

Abdulrazak Atunwa, governorship candidate of the Peoples Democratic Party (PDP) in Kwara state, skipped the mandatory National Youth Service Corps (NYSC) and forged certificate of the scheme, according to Premium Times.Atunwa's certificate scandal is coming four months after Kemi Adeosun, former minister of finance, was exposed for doing same.Adeosun has since resigned and returned to the UK where she grew [...]

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    Court fails to grant Fayose bail, trial adjourned till Wednesday

Court fails to grant Fayose bail, trial adjourned till Wednesday

Ayodele Fayose, former governor of Ekiti state, has lost out in his bid to be granted bail by the federal high court in Lagos.On Monday, the Economic and Financial Crimes Commission (EFCC) arraigned Fayose on an 11-count charge bordering on abuse of office.The charges against Fayose were stealing, receiving money from Musiliu Obanikoro, a former minister, criminal breach of trust, [...]

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    Police fire teargas at NHIS workers, escort suspended ES into office

Police fire teargas at NHIS workers, escort suspended ES into office

Officers of the Nigeria police force clashed with workers at the head office of the National Health Insurance Scheme (NHIS) in Abuja on Monday.The policemen who escorted Usman Yusuf, NHIS executive secretary who was suspended last week, into his office, fired teargas at workers.Yusuf had kicked against his suspension by the NHIS governing board, saying he would resume work on [...]

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    Femi Kuti: I can’t support Osinbajo because of my father

Femi Kuti: I can’t support Osinbajo because of my father

[...]

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    VIDEO: Fayose arrives court for his trial

VIDEO: Fayose arrives court for his trial

Ayodele Fayose, former governor of Ekiti state, is currently at a federal high court in Lagos where he is being charged with money laundering and abuse of office.Surrounded by operatives of the Economic and Financial Crimes Commission (EFCC), Fayose walked into the court around 8:30am on Monday.Below is a video of the moment he arrived at the court:[...]

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    Oshiomhole fights back as ’15 APC governors finalise plot to unseat him’

Oshiomhole fights back as ’15 APC governors finalise plot to unseat him’

Adams Oshiomhole, national chairman of the All Progressives Congress (APC), is battling to retain his position less than five months into his tenure.According to THISDAY, 15 of the 21 APC governors have collected signatures for his removal and are planning to converge on Abuja on Tuesday to finalise the plot to remove him.The newspaper said the aggrieved governors, being coordinated [...]

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    EXCLUSIVE: CBN does NOT have power to sanction us, MTN tells court

EXCLUSIVE: CBN does NOT have power to sanction us, MTN tells court

MTN Nigeria has told the federal high court sitting in Lagos that the Central Bank of Nigeria (CBN) does not have the power to impose sanctions on it, according to court papers sourced by TheCable.MTN also said it was not accused of any wrongdoing or invited to be a part of an investigation commissioned against it by the banking regulator.It [...]

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    If I go to court, Nigeria won’t be the same again, says Nnamdi Kanu

If I go to court, Nigeria won’t be the same again, says Nnamdi Kanu

Nnamdi Kanu, leader of the Indigenous People of Biafra (IPOB), says Nigeria will not be the same again if he returns to the federal high court in Abuja where he was standing trial before he left the country.The federal government had charged him with treason but Binta Nyako, a judge of the federal high court in Abuja, had granted him [...]

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Exchange Rates

October 15, 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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