Friday, August 18, 2017

Tag "Donald Trump"

    Greenback took a double hit

Greenback took a double hit

The US dollar remained on the defensive early Thursday, after yesterday’s declines led by increased uncertainty over another US rate hike in 2017 and President Donald Trump’s fiscal agenda after abolishing the Manufacturing Council and Strategy and Policy Forum.The fall out between President Trump and corporate America was the latest blow to his weakening administration.  I wouldn’t be surprised to see [...]

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    UN implores US, North Korea to dial down war rhetoric

UN implores US, North Korea to dial down war rhetoric

UN Secretary-General António Guterres has called on the US and North Korea “to dial down rhetoric and dial up diplomacy” in addressing the growing tensions on the Korean Peninsula.Guterres, while speaking with the UN correspondents in New York, stressed that the solution to the crisis must be political.The UN chief reiterated that his good offices – the prestige and weight [...]

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    Trump sacks Nigerian adviser in surprise dissolution of business councils

Trump sacks Nigerian adviser in surprise dissolution of business councils

Adebayo Ogunlesi, a Nigerian businessman based in the US, is among the advisers of US President Donald Trump affected by the dissolution of two business councils.Ogunlesi, who has a majority stake in London Gatwick airport, was appointed by Trump last December to serve as a member of his strategy and policy forum.In a tweet in on Wednesday, the US president said he did [...]

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    Trump says US nuclear arsenal more powerful than before

Trump says US nuclear arsenal more powerful than before

US President Donald Trump says the country's nuclear arsenal is now more powerful than before.North Korea had threatened to strike the US territory of Guam in the Pacific and Andersen air force base.Kim Jong Un, leader of the North Asian country, has made repeated threats against the US. Un has also been defiant to international law as he strives to [...]

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    Terrorism: Trump’s approval and end of the black days

Terrorism: Trump’s approval and end of the black days

BY ANTHONY KOLAWOLEThe conjured and demonic opinions of sceptics on the unabated degeneration of Nigeria under a Buhari Presidency is the least of my nightmares. I am the more comfortable with myself because only falsehood struggles to be concealed, but truth breaks the most secure of jails to quench the thirst of man with its effervescent aura.But every day [...]

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    Group writes Trump over sale of attack planes to Nigeria

Group writes Trump over sale of attack planes to Nigeria

The Centre for Social Justice, Equity and Transparency (CESJET) has written a letter to President Donald Trump, commending him over the sale of fighter jets to Nigeria.In the letter signed by Isaac Ikpa, the group's executive secretary, CESJET said this would strengthen the relations between US and Nigeria in view of eradicating terrorism in the West African sub-region.He added that the sale was [...]

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    US economy adds 209,000 jobs in one month

US economy adds 209,000 jobs in one month

Those hoping that the US dollar would be thrown a lifeline may be in luck, following the news that the United States added another 209,000 jobs to its economy in July.This is an overall positive employment report and highlights the underlying strength of the US labor market. Figures exceeded expectations, with earlier projections sitting at 183,000 and wage growth, with [...]

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    Donald Trump approves new sanctions against Russia

Donald Trump approves new sanctions against Russia

US President Donald Trump has signed legislation imposing new sanctions on Russia into law, a White House official said on Wednesday.The US congress voted last week by overwhelming margins for sanctions to punish the Russian government over interference in the US 2016 presidential election, annexation of Ukraine’s Crimea and other perceived violations of international norms.Trump, who has made clear he [...]

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    Trump kicks after Maduro jailed Venezuelan opposition leaders

Trump kicks after Maduro jailed Venezuelan opposition leaders

The US will hold Venezuelan President Nicolas Maduro "personally responsible" for the safety of two opposition leaders, President Donald Trump said in a statement.Opposition leader Leopoldo Lopez and Caracas mayor Antonio Ledezma, who were taken into custody earlier Tuesday, were "political prisoners being held illegally by the regime," he continued."The US holds Maduro, who publicly announced just hours earlier that [...]

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    After 10 days, Trump fires communications director

After 10 days, Trump fires communications director

President Donald Trump has removed Anthony Scaramucci, White House communications director, just 10 days after appointing him.Trump removed Scaramucci at the request of John Kelly, who took over as White House chief of staff.Scaramucci had issued a profanity-filled tirade against the previous chief of staff, Reince Priebus, last week amid broader tumult among the White House staff.“Anthony Scaramucci will be [...]

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    Trump bans transgender people from serving in US military

Trump bans transgender people from serving in US military

Donald Trump has said there is no place for transgender people in the United States military henceforth.The US president made the announcement Wednesday afternoon through a series of tweets.Trump said the decision was made after holding consultation with his generals and military experts.He said the US military "cannot be burdened with the tremendous medical costs and disruption that transgender in [...]

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    Obasanjo: If Americans can vote for Trump, it shows they are human too

Obasanjo: If Americans can vote for Trump, it shows they are human too

Ex-president Olusegun Obasanjo says if America can vote Donald Trump as US president it shows that they are as human "as we are".Trump defeated popular choice Hillary Clinton in the November 2016 presidential election.According to NAN, Obasanjo made the comment at the launch of the French version of a book, 'Making Africa Work', at the French embassy in Pretoria.The book [...]

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    Sean Spicer, White House press secretary, resigns

Sean Spicer, White House press secretary, resigns

Sean Spicer has resigned his position as press secretary of the White House.Spicer reportedly stepped down due to the recent changes in the communications team of President Donald Trump.He was said to have expressed disapproval of the president's choice for the new communications director, Anthony Scaramucci, saying it is a "major mistake".Scaramucci, an entrepreneur and Wall Street financier, was appointed at a crucial time when [...]

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    When Fayose becomes president — what will be your excuse?

When Fayose becomes president — what will be your excuse?

So the United States of America, one of the best democracies in the world, slept on November 8, 2016 and woke up to have Donald John Trump as its president. Many would have put their very last penny on that being totally impossible, but impossible came out as "I'm possible".The pundits, experts, analyst and even journalists said it was a [...]

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    Emefiele: 41 items review still on my table, but why should we import toothpick, rice?

Emefiele: 41 items review still on my table, but why should we import toothpick, rice?

Godwin Emefiele, governor of the Central Bank of Nigeria (CBN), says the issue about the review of 41 items not eligible for foreign exchange is still on his table but he can find no justification for importing rice, toothpick, palm oil.Speaking on Arise TV, Emefiele said scarce foreign exchange should set aside for items that cannot be produced in Nigeria.“The [...]

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    Don’t be discouraged, Chibok girls tell Trump

Don’t be discouraged, Chibok girls tell Trump

Joy Bishara and Lydia Pogu, two of the Chibok schoolgirls, who escaped from Boko Haram captivity in 2014, have told President Donald Trump not to be discouraged.The girls made the statement in a letter they read to Trump when they visited the White House last month.Bishara and Pogu graduated from Canyonville Christian Academy in Oregon in February 2017.In a statement, the White House said [...]

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Exchange Rates

Aug 18, 2017USDGBPEUR
INTERBANK338.00435.64396.98
LAGOS368478432
KANO369477430
PH370477433
ABUJA370477432
NOTE: The black market rates represent the most prevalent. They could be slightly higher or lower among different sellers.
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