Thursday, September 20, 2018

Tag "chad"

    FG: Why rail project to Niger Republic is necessary

FG: Why rail project to Niger Republic is necessary

Rotimi Amaechi, minister of transportation, says the proposed railway line from Kano to Maradi, a border town in Niger, will help grow Nigeria's economy.In his New Year speech, President Muhammadu Buhari announced that were negotiations for the construction of a rail line from Kano to Maradi.But this was greeted with wide criticisms.Speaking with journalists on Thursday in Abuja, Amaechi said [...]

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    Buhari: I thought I was 74 but was told I’m 75

Buhari: I thought I was 74 but was told I’m 75

President Muhammadu Buhari says he thought he was a year less than his known age.Official records put the age of the president at 75.Speaking when he received Mohammed Bello, minister of the federal capital territory, at his official residence in Aso Rock on Monday, Buhari gave the reason behind his healthy looks after battling ill-health which made him spend the better part of the [...]

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    Chad withdraws troops fighting Boko Haram in Niger

Chad withdraws troops fighting Boko Haram in Niger

Chad has withdrawn hundreds of its soldiers from Niger.According to NAN, the troops had been helping local forces fight Boko Haram insurgents in the region.The development comes after the US slammed a travel ban on its citizens.Chad defence officials have not given a reason for this action, but it is believed that it could weaken the fight against the insurgents.Residents [...]

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    Army discovers new Boko Haram base in Chad, prepares for ‘final onslaught’

Army discovers new Boko Haram base in Chad, prepares for ‘final onslaught’

The Nigerian army says it has discovered an operational base of the Boko Haram sect in Lake Chad.In a statement, Timothy Antigha, spokesman of 8 task force division, Borno state, quoted Stevenson Olabanji, the division’s general officer commanding (GOC), as saying this when he visited troops of the 118 task force battalion under the division.The statement said the GOC issued [...]

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    Efforts to save the naira have crumbled, says IMF

Efforts to save the naira have crumbled, says IMF

The International Monetary Fund (IMF) says efforts to save the naira by rationing foreign exchange have gradually crumbled.The IMF also said the challenges around foreign exchange in Nigeria have pushed inflation to double digits in Africa's largest economy.This is coming a year after Christine Lagarde, IMF managing director, met with the main players in the Nigerian economy, including Kemi Adeosun, [...]

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    240 Boko Haram fighters ‘surrender’

240 Boko Haram fighters ‘surrender’

The Nigeria army says 240 Boko Haram insurgents have surrendered.‎Muhammad Dole, chief military public information officer‎, said this in a statement issued late Monday.He said the firepower of the Multinational Joint Task Force (MNJTF) forced the insurgents to lay down their arms and ammunition.Dole said the insurgents surrendered on Chadian soil."The firepower of the Multinational Joint Task Force (MNJTF) ground [...]

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    Naira drops to 490/$1, 600/£1 owing to ‘bombardment’ from Chad, Benin

Naira drops to 490/$1, 600/£1 owing to ‘bombardment’ from Chad, Benin

Aminu Gwadabe, president of the Association of bureau de change operators of Nigeria (ABCON), says the free fall of the naira is due to activities of Nigeria’s immediate neighbours.Over the week, the naira has been on a free fall at the parallel market, moving from 439 per dollar on Monday to 490 to the greenback on Friday morning.The British pound [...]

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    Buhari embarks on first international trip in 50 days

Buhari embarks on first international trip in 50 days

President Muhammadu Buhari has embarked on a trip to N'Djamena, Chadian capital – his first international trip in 50 days.Buhari is visiting Chad for the inauguration of President Idriss Deby, who will on Monday take the oath of office for the fifth time.Since June 19 when Buhari returned from London where he went to rest and seek medical attention, the [...]

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    Army: We can now beat our chest and say we’ve dealt with Boko Haram

Army: We can now beat our chest and say we’ve dealt with Boko Haram

The Nigerian army says it has reached the stage where it can proudly say that Boko Haram has been defeated.Sanni Usman, acting director, army public relations, said this in Lagos on Monday while addressing reporters at the inauguration of Strategic Communication Course for senior officers at the Nigerian Army School of Public Relations and Information, Bonny Camp, Lagos.He said Boko Haram insurgents [...]

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    Habre, Chad’s ex-ruler, bags life imprisonment for rape

Habre, Chad’s ex-ruler, bags life imprisonment for rape

Hissene Habre, former ruler of Chad, has been sentenced to life imprisonment for crimes against humanity.Habre was convicted of rape, slavery and ordering killings during his rule from 1982 to 1990, the BBC reports.He was tried by a court backed by the African Union in Senegal, and was subsequently convicted on Monday.He is the first ex-African leader to be convicted [...]

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    These are the 15 fastest growing economies in Africa — and Nigeria is NOT one

These are the 15 fastest growing economies in Africa — and Nigeria is NOT one

Having enjoyed blissful growth over the past decade, Nigeria was one of the fastest growing economies in the world, but it is not one of the 15 fastest growing economies in Africa for 2016.In 2014 and early 2015, Nigeria was named the third fastest growing economy in the world by CNNMoney, with China and Qatar, taking the lead at 7.3 [...]

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    Song appointed coach of Chad

Song appointed coach of Chad

Chad have named former Cameroon captain Rigobert Song as their new national team coach.The 39-year-old was appointed on Monday to succeed Frenchman Emmanuel Tregoat, whose contract expired on September 30.And the former Liverpool and West Ham defender is aware of the task before him.“It’s not going to be an easy task to qualify for the 2017 Nations Cup but we [...]

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    Sierra Leone back in Nigeria for ‘home’ match

Sierra Leone back in Nigeria for ‘home’ match

Sierra Leone will host the second leg of their 2018 World Cup first-round qualifier against Chad in Port Harcourt, Nigeria on October 13.The country was banned from hosting games because of the threat of the Ebola virus.The ban, which has been in place since August 2014, will be lifted in November if no new Ebola cases are registered. Sierra Leone [...]

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    Egypt topple Nigeria after win in Chad

Egypt topple Nigeria after win in Chad

The Pharaohs of Egypt have regained the top spot in Group G ahead of the Super Eagles of Nigeria after a 5-1 win over Chad in Ndjamena in their 2017 Africa Cup of Nations qualifier on Sunday.In Hector Cuper’s competitive debut as Egypt manager, the Pharaohs notched an easy away after a hat-trick from Basem Morsi and a goal each [...]

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    Eagles leave for Tanzania on Thursday

Eagles leave for Tanzania on Thursday

The Super Eagles of Nigeria will fly out of Abuja at 3pm on Thursday for the 2017 Africa Cup of Nations qualifier against Taifa Stars of Tanzania billed for Saturday.The arrival at the Julius Nyerere International Airport, Dar es Salaam will be at 10pm (8pm Nigeria time) of the same day according to Nigeria Football Federation’s website.“The delegation will [...]

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    Chad sentences 10 Boko Haram fighters to death

Chad sentences 10 Boko Haram fighters to death

Chad has sentenced 10 members of the Boko Haram sect to death, following a three-day trial in Chadian capital city, N'djamena.  The 10 were convicted over their roles in attacks on the capital in June and July, which killed at least 53, BBC is reporting.The attacks were the first by the Nigerian-based group in Chad, which hosts the headquarters of a [...]

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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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