Thursday, January 17, 2019

Tag "Donald Trump"

    Jim Kim joins Bayo Ogunlesi’s GIP as vice chairman — after resignation from World Bank

Jim Kim joins Bayo Ogunlesi’s GIP as vice chairman — after resignation from World Bank

Jim Yong Kim, outgoing president of the World Bank, will join Global Infrastructure Partners (GIP), a New York-based private investment fund, as a partner and vice chairman, Reuters reports.GIP, which is led by Nigeria's Bayo Ogunlesi as managing partner, manages over $48 billion in assets for various investors across the world.The new appointment was announced just a day after Kim [...]

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    Thousands to miss visa appointments as US embassy halts operations in Lagos, Abuja

Thousands to miss visa appointments as US embassy halts operations in Lagos, Abuja

The US embassy in Nigeria has announced a closure of its Lagos and Abuja offices due to the ongoing government shutdown in its country.The closure will affect thousands seeking to apply for, or renew their visas, as their appointments would have to be rescheduled.In a post on its official Facebook page, the embassy said the both offices would re-open once [...]

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    ‘Bush had special interest in Nigeria’ — Obasanjo writes Trump

‘Bush had special interest in Nigeria’ — Obasanjo writes Trump

Former President Olusegun Obasanjo has written a condolence letter to the United States President Donald Trump over the death of George Bush, former president of the US.Bush, the 41st president of the US, died on Friday at the age of 94.In the letter made available by Kehinde Akinyemi, Obasanjo's media aide, the former Nigerian president said the demise of late [...]

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    Trump hints at starting international TV to counter CNN

Trump hints at starting international TV to counter CNN

US President Donald Trump may be planning to set up an international television network to counter what he called an "unfair and false" representation of the country by CNN.In a tweet on Monday, Trump said CNN had good ratings internationally because it had little competition, but that was not the case in the US.Statistically, CNN International is the most widely [...]

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    It’s black Friday for oil as Brent crude hits all-year low of $58

It’s black Friday for oil as Brent crude hits all-year low of $58

It is a big bad black Friday for crude oil as prices continue to crash across the world.On Friday, Brent crude fell below the $60 per barrel benchmark to hit $58.92 for the first time in 2018, following fears of oversupply across the global oil market.Oil prices climbed as high as $85 a barrel only in October 2018, shedding more than [...]

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    Oil prices hit one-year low as WTI loses $2 in 30 minutes

Oil prices hit one-year low as WTI loses $2 in 30 minutes

Oil prices hit its lowest point since December 2017 on Tuesday, following anticipated oversupply in the global crude oil market.  [...]

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    Aliko: By 2020, Dangote Group revenue will hit $30bn

Aliko: By 2020, Dangote Group revenue will hit $30bn

Aliko Dangote, president of Dangote Group, says the conglomerate's revenue base will hit $30 billion by 2020 -- a feat he would have considered impossible 10 years ago.Speaking at the first ever Africa Investment Forum (AIF) in Johannesburg, South Africa, the multibillionaire said five men built America and those five do not include President Donald Trump.He added that Africa could do [...]

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    Why we used Trump’s ‘stone video’ to justify killing of Shi’ites

Why we used Trump’s ‘stone video’ to justify killing of Shi’ites

The Nigerian army has again justified its killing of some members of the Islamic Movement in Nigeria (IMN) better known as Shi'ites, describing a stone as a weapon.While speaking with New York Times on Friday, John Agim, acting director of defence information, said the army used the video of US President Donald Trump as a response to Amnesty International's [...]

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    Army ‘justifies’ killing of Shi’ites with Trump’s ‘consider stones as rifles’ comment

Army ‘justifies’ killing of Shi’ites with Trump’s ‘consider stones as rifles’ comment

The Nigerian army has again commented on the killing of some members of the Islamic Movement in Nigeria (IMN).The army on Friday referenced a directive given by US President Donald Trump to his country's military. He said they should consider stones thrown at them by asylum-seeking migrants as rifles.IMN members, better known as Shi'ites, had clashed with soldiers in some parts [...]

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    EXCLUSIVE: PDP hires Trump’s lobbyist for $90k per month

EXCLUSIVE: PDP hires Trump’s lobbyist for $90k per month

The Peoples Democratic Party (PDP) has hired the firm of Brian Ballard, a top US lobbyist, ahead of the 2019 elections.The influential lobbyist has President Donald Trump as one of his clients. Politico Magazine, a top publication in the US, says Ballard is closer to the US president than perhaps any other lobbyist in town."He’s parlayed that relationship into a [...]

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    ICC president says Buhari is one of the most respected African statesmen

ICC president says Buhari is one of the most respected African statesmen

Chile Eboe-Osuji, president of the International Criminal Court (ICC) says President Muhammadu Buhari is one of the most highly respected African statesmen of our time.Speaking to the United Nations General Assembly (UNGA) in New York earlier in the week, Eboe-Osuji expressed reverence for president Buhari, quoting him three times in his speech to the UN.The speech, which was his first [...]

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    ‘Please, save us from Boko Haram’ — female group begs Trump

‘Please, save us from Boko Haram’ — female group begs Trump

Africa Arise for Change Network, a civil society group, has asked President Donald Trump of the United States to save Nigerian women and girls from Boko Haram attacks.In a letter addressed to the president through the US ambassador in Nigeria, Gbemisola Osadua, executive director of the group, said threats to women in Africa require urgent need for America to reassert [...]

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    Hubris and national pride

Hubris and national pride

By established reputation that he has done deliberately little to repudiate, President Donald Trump is renown for carrying himself with the ultimate supercilious swagger. In his own eyes, he is the centre of God’s universe around which all other existences must gravitate or otherwise fall off into ignoble oblivion. Actually, as it seems, they pass or fail the test of [...]

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    True change begins from the top, not the bottom

True change begins from the top, not the bottom

Do I unbiasedly want PMB to pass on the baton of leadership? Yes, but my stance has nothing to do with him being lifeless as carelessly opined by President Donald Trump; I am just of the opinion that staying in power beyond 2019 is going to destroy the petite credibility he has left. Like Jose Mourinho (the current manager of [...]

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    PDP: Buhari cheapened his office during woeful US outing

PDP: Buhari cheapened his office during woeful US outing

The Peoples Democratic Party (PDP) says the reported comment  of US President Donald Trump describing President Muhammadu Buhari as lifeless has exposed Nigeria to ridicule.According to Financial Times, the US leader made the remark after receiving the Nigerian leader in April.Trump had reportedly said he does not want to meet anyone as "lifeless' as Buhari again.In a statement on Monday, [...]

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    Trump: Americans will be poor if I’m impeached

Trump: Americans will be poor if I’m impeached

US President Donald Trump says American citizens will become “very poor” if he is removed from office.He wondered why anyone would think of impeaching a president “who has done a great job”, adding the effect will also be felt on the US stock market.Trump was speaking during an interview with Fox News on Thursday.“I don't know how you can impeach [...]

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Exchange Rates

January 15, 2019USDGBPEUR
INTERBANK306397354
LAGOS361463411
KANO360465413
PH361462412
ABUJA362462413
NOTE: The black market rates represent the most prevalent. They could be slightly higher or lower among different sellers.
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