Wednesday, November 21, 2018

Tag "Trump"

    Trump tackles former lawyer who implicated him in payment to porn stars

Trump tackles former lawyer who implicated him in payment to porn stars

President Donald Trump has slammed Michael Cohen, his former attorney, who pleaded guilty to tax fraud and paying porn stars for the purpose of influencing his election.Cohen had on Tuesday appeared in a federal court in New York where he pleaded to eight counts and claimed he made illegal campaign contributions "in coordination and at the direction of a candidate [...]

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    Trump says June 12 summit with North Korean leader back on track

Trump says June 12 summit with North Korean leader back on track

US President Donald Trump says the meeting with Kim Jong-un, North Korean leader, will hold as previously scheduled.The development comes after a North Korean envoy led by Kim Yong Chol, a senior official, visited the White House on Friday.The envoy delivered a letter from Kim Jong-un to the US president.Both leaders had planned to meet June 12 in Singapore, but Trump cancelled [...]

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    Lawan: Buhari’s impeachment bid laid to rest… US confirmed $496m payment

Lawan: Buhari’s impeachment bid laid to rest… US confirmed $496m payment

Ahmed Lawan, senate majority leader, says Donald Trump's confirmation that the US has received $496m from Nigeria for fighter jets has put the issue of impeaching President Muhammadu Buhari to rest.Some members of the house of representatives had called for the impeachment of the president for approving the release of $496 million without consulting the national assembly.But Lawan says the [...]

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    Buhari: US collaborating with Nigeria to repatriate $500m loot

Buhari: US collaborating with Nigeria to repatriate $500m loot

President Muhammadu Buhari says his government is in talks with that of the United States on how to repatriate $500m looted fund stashed in banks worldwide.The president disclosed this while addressing journalists after his meeting with President Donald Trump at the White House.According to him, the attorneys-general of both countries will work together to ensure the return of the fund.“Our [...]

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    Buhari on ‘shithole’ comment: It’s better I keep quiet

Buhari on ‘shithole’ comment: It’s better I keep quiet

President Muhammadu Buhari says it is better he keeps quiet on President Donald Trump's alleged insult on some African nations, including Nigeria, because he could not verify the validity of the allegation.According to a New York Times report in December 2017, Trump was alleged to have said Nigerians "never return to their huts" after seeing America.The White House has, however, denied [...]

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    VIDEO: ‘Who bombs for humanitarian reasons?’ — protesters storm CHOGM 2018, ask UK to stop war in Syria

VIDEO: ‘Who bombs for humanitarian reasons?’ — protesters storm CHOGM 2018, ask UK to stop war in Syria

Protesters took to Parliament Square at Westminster amid the Commonwealth Head of Government Meetings (CHOGM 2018) to ask Prime Minister Theresa May and the UK government to stop bombing Syria.The Stop the War Coalition, who protested outside Parliament as MPs debated, said they were told that the UK bombed Syria for humanitarian reasons, with plans to destroy Bashar al-Assad chemical weapons.They [...]

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    ‘Fire and Fury’, controversial book about Trump, to become TV series

‘Fire and Fury’, controversial book about Trump, to become TV series

‘Fire and Fury’, a book about US President Donald Trump, is set to be produced as a television series.Michael Wolff, the book’s author, wrote that Trump’s advisers address him with words such as “moron, idiot, and dope”. [...]

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    Tourists shun Bethlehem over Trump’s decision on Jerusalem

Tourists shun Bethlehem over Trump’s decision on Jerusalem

With Christmas just some hours away, tensions are simmering in the city of Bethlehem, Jesus birthplace and the region over President Donald Trump’s decision to recognise Jerusalem as Israel’s capital.The controversial December 6 announcement by Trump unleashed demonstrations and clashes, including in the Israeli-occupied Bethlehem, where Christians will mark the birth of Jesus in a midnight mass.Bethlehem is normally flooded [...]

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    Trump did NOT insult Nigerians, says White House

Trump did NOT insult Nigerians, says White House

The White House has denied that President Donald Trump made a disparaging comment about Nigerians.The New York Times had quoted Trump as saying Nigerians never return to their huts after seeing America.The American leader was reported to have said this in reaction to the rising number of migrants in the US.But the White House has described the report as "lies based [...]

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    ‘They never return to their huts’ — Trump ‘mocks’ Nigerians in US

‘They never return to their huts’ — Trump ‘mocks’ Nigerians in US

President Donald Trump has tongue lashed countries with immigrants in the US, according to a New York Times report.In a meeting he reportedly attended in June at the Oval Office, Trump was quoted to have said Nigerians refuse to “return to their huts” after seeing America.He was also quoted to have said immigrants from Haiti “all have AIDS”, while describing [...]

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    Trump ‘to replace’ almost-expired travel ban with new restrictions

Trump ‘to replace’ almost-expired travel ban with new restrictions

The US is set to issue a targeted travel restriction to replace an earlier controversial travel ban aimed at visitors from six Muslim-majority nations.The US department of homeland security is recommending country-by-country restrictions for about eight or nine nations that have not met standards on counter-terrorism efforts and passports, US officials said.Officials had originally expressed concern about 17 nations, but many [...]

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    ‘No Nigerian died in Hurricane Harvey’

‘No Nigerian died in Hurricane Harvey’

No Nigerian died in Hurricane Harvey which ravaged Texas and claimed dozens of lives so far, the Nigerian in Diaspora Organization (NIDO) Americas, has said.Akin Awofolaju, a NIDO official, told NAN on Sunday that the organisation had reached out to Nigerians in the area.The devastating hurricane made landfall in the state a week ago and has been blamed for at [...]

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    Trump becomes gold’s best friend

Trump becomes gold’s best friend

Gold swiftly regained its safe haven lustre on Wednesday after wave upon wave of uncertainty swirling around Donald Trump weathered risk sentiment.Concerns have skyrocketed over the current political turmoil in the United States obstructing Trump’s efforts to implement his pro-growth policies, which simply punished the US Dollar. With expectations of an interest rate increase in June by the Federal Reserve slowly [...]

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    Markets in a party mode, will the ECB stop the music

Markets in a party mode, will the ECB stop the music

The positive momentum driven by the outcome of the first round of voting in the French presidential elections extended into its second day.It now appears that investors are confident that Macron will be France’s next president and will win the battle on 7 May easily. Investors who lost confidence in pollsters after they failed to predict the outcomes of [...]

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    US attacks Syrian air base with 59 cruise missiles

US attacks Syrian air base with 59 cruise missiles

US President Donald Trump on Thursday ordered the launch of airstrikes in Syria.Trump's order was in response to chemical attacks allegedly ordered by Bashar al-Assad, Syrian President, against his people.The chemical attacks killed several persons, including children and women.The US fired 59 Tomahawk missiles from the USS Porter and USS Ross destroyers in the Eastern Mediterranean against the Shayrat air [...]

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    Xi-Trump Summit in the spotlight the week ahead

Xi-Trump Summit in the spotlight the week ahead

The US dollar bulls finally regained some control of the market after three weeks of consecutive declines. Nonetheless, despite a 1% rally last week, the dollar index suffered 1.9% declines in the first quarter. The weakness in the greenback may be attributed to multiple factors, but the major one was the tax reform uncertainty. The failure to pass the healthcare [...]

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Exchange Rates

November 16, 2018USDGBPEUR
INTERBANK306397354
LAGOS359475418
KANO359476420
PH360476420
ABUJA359478419
NOTE: The black market rates represent the most prevalent. They could be slightly higher or lower among different sellers.
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