Thursday, November 29, 2018

Tag "Muhammadu Buhari"

    ’25 killed’ in fresh Boko Haram raids on Borno

’25 killed’ in fresh Boko Haram raids on Borno

At least 25 people were killed by suspected Boko Haram militants during raids on three communities in Borno state on Monday afternoon and Tuesday morning .Military and police sources confirmed the attack to Reuters.The main village attacked was Dille, along with two smaller communities in the Askira/Uba local government area in southern Borno.There has been no week that the insurgents have [...]

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    N300bn intervention for states ‘ready in weeks’

N300bn intervention for states ‘ready in weeks’

State governments will start accessing N250 billion to N300 billion intervention of the administration of President Muhammadu Buhari in a matter of weeks, Lalolu Akande, spokesman of Vice President Yemi Osinbajo said on Monday.Explaining that the assistance will come in three phases, he said: “Specifically, state governments will start benefiting from the special intervention fund of between N250bn to N300bn in [...]

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    Buhari’s meeting with APC reps ends in deadlock

Buhari’s meeting with APC reps ends in deadlock

The move by President Muhammadu Buhari to resolve the leadership crisis in the  house of representatives did not yield the desired result.  The meeting between Buhari and APC lawmakers ended in a stalemate, but discussions were expected to continue on Monday night.Buhari had called the meeting at the presidential villa in Abuja ahead of the resumption of the national assembly on Tuesday.But the [...]

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    No one more corrupt than Amaechi, Wike warns Buhari

No one more corrupt than Amaechi, Wike warns Buhari

Nyesom Wike, governor of Rivers state, has advised President Muhammad Buhari not to give Rotimi Amaechi, any appointment in his cabinet.Describing his predecessor as the most corrupt government official in the country, Wike said Buhari’s anti-corruption campaign would suffer if a man like Amaechi served in his government.Given the role Amaechi played in the emergence of Buhari, there are reports [...]

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    Buhari: My Leahy comment not an indictment of Obama

Buhari: My Leahy comment not an indictment of Obama

President Muhammadu Buhari says his comment on the Leahy law "aiding and abetting" Boko Haram was not meant as an indictment of President Barack Obama.He has also said he is looking forward to more cooperation with the United States (UN) after his four-day trip to the country.Refuting the reports that he accused the US government of aiding Boko Haram by [...]

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    Clark to Buhari: Don’t ground N’Delta amnesty

Clark to Buhari: Don’t ground N’Delta amnesty

Edwin Clark, prominent Ijaw leader, has called on President Muhammadu Buhari to appoint someone to preside over the amnesty programme of the Niger Delta ex-militants.Addressing journalists in Abuja on Thursday, the elder statesman said the vacuum in the office of chairman of the programme is affecting lot of things in the region.Clark said he had it on good authority that Kingsley Kuku, [...]

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    Tompolo, MEND leaders to meet over Buhari

Tompolo, MEND leaders to meet over Buhari

Government Ekpemupolo, the former commander of the Movement for the Emancipation of the Niger Delta (MEND) better known as Tompolo, has summoned ex-militant leaders to an emergency meeting.The meeting is scheduled to hold in Yenagoa, capital of Bayelsa state, on Saturday.Paul Bebenimibo, spokesman of the ex-militant leader, told TheCable that issues relating to the government of President Muhammadu Buhari will [...]

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    Buhari arrives Nigeria after four-day US trip

Buhari arrives Nigeria after four-day US trip

President Muhammadu Buhari has ended his four-day official visit to the United States and has returned to Nigeria.Sources said he departed the Joint Base Andrews Airport in Washington a few hours after a meeting with representatives of the United States Institute of Peace, Centre for Strategic and International Studies, Atlantic Council, National Democratic Institute, International Republican Institute and International Foundation of Electoral [...]

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    I will be going slow and steady, says Buhari

I will be going slow and steady, says Buhari

President Muhammadu Buhari has again appealed to Nigerians to exercise patience with his administration regarding the appointment of political office holders.Addressing Nigerians in the Diaspora in Washington on Wednesday, Buhari blamed the development on the 16-year rule of the Peoples Democratic Power (PDP)."In some quarters, they are now calling me 'Baba Go Slow’. I’m going to go slow and steady," [...]

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    Buhari: Some former ministers will be arrested

Buhari: Some former ministers will be arrested

President Muhammadu Buhari has accused some former ministers and government officials of illegal sale and diversion of crude oil monies belonging to the federal government.Buhari said such individuals would not go unpunished, saying his administration was examining evidence that would lead to their arrest and prosecution.He said this at the Nigerian embassy in Washington on Wednesday while answering questions during an [...]

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    Obama, Buhari ‘didn’t discuss gay marriage’

Obama, Buhari ‘didn’t discuss gay marriage’

Nigerians who had expressed concerns that gay rights would feature prominently in the discussions between President Muhammadu Buhari and his United States counterpart can now put their minds to rest.According to Femi Adesina, special adviser to the president on media and publicity, both leaders only dealt with issues bordering on bilateral relations.“There was nothing on gay marriage. It was purely on bilateral [...]

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    Chibok: Buhari ‘ready’ for deal with Boko Haram

Chibok: Buhari ‘ready’ for deal with Boko Haram

President Muhammadu Buhari says he is willing to negotiate with Boko Haram for the release of abducted Chibok girls, provided there are no doubts over the authenticity of those claiming to speak for the insurgents.“We have to be very careful indeed and this is why we are taking our time but we want to bring them back safely to [...]

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    Nigeria borrows $2.1bn to rebuild north-east

Nigeria borrows $2.1bn to rebuild north-east

The World Bank has granted a loan of $2.1 billion to Nigeria to rebuild the north-eastern part of the country ravaged by insurgency.The first 10 years of repaying the loan will be interest-free, while an additional 30 years will be at lower than capital market rate.During a meeting in Washington on Tuesday, President Muhammadu Buhari had said that apart from [...]

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    US ‘will trace’ Nigeria’s stolen wealth globally

US ‘will trace’ Nigeria’s stolen wealth globally

The United States government has agreed to assist Nigeria recover all identified ill-gotten wealth in countries in which they have jurisdiction.Loretta Lynch, attorney-general of the US, disclosed this during a meeting with President Muhammadu Buhari on Tuesday.Lynch said her country was in support of the battle against corruption in Nigeria, disclosing some of the strategies that would be used in recovering the stolen [...]

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    ‘Buhari treating GEJ’s men like prisoners of war’

‘Buhari treating GEJ’s men like prisoners of war’

Olisa Metuh, spokesman of the Peoples Democratic Party (PDP), has accused the administration of President Muhammadu Buhari of treating members of the former ruling party and Goodluck Jonathan's men as "prisoners of war".Addressing PDP stakeholders in Lokoja, capital of Kogi state, during the re-scheduled ward congress of the party in Kogi on Tuesday, Metuh said his party was ready for [...]

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    Buhari ‘to continue’ with privatisation

Buhari ‘to continue’ with privatisation

President Muhammadu Buhari on Tuesday said his administration will continue with privatisation of key sectors of the economy.He said the privatisation exercise will be expanded to include the nation’s aviation, telecommunication, energy, gas, solid minerals, health, and infrastructure development sectors.He was speaking in Washington during a business forum organised by the United States Chamber of Commerce and The Corporate Council [...]

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Exchange Rates

November 27, 2018USDGBPEUR
INTERBANK306397354
LAGOS363475418
KANO364476420
PH364476420
ABUJA363478419
NOTE: The black market rates represent the most prevalent. They could be slightly higher or lower among different sellers.
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