Tuesday, September 18, 2018

Tag "uk"

    Atiku thanks UK for supporting Nigeria with £200m

Atiku thanks UK for supporting Nigeria with £200m

Former Vice-President Atiku Abubakar has shown appreciation to the United Kingdom for its interest in rebuilding Nigeria.Atiku expresed his gratitude in reaction to the UK's pledge to support Nigeria's north-east with £200 million to fight insurgency in the region.In a statement titled 'Celebrating and Appreciating Nigeria's Oldest Friend', Atiku described the UK as " Nigeria's oldest friend" adding that both countries had much [...]

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    EFCC: Ibori fighting hard to stall confiscation of his assets

EFCC: Ibori fighting hard to stall confiscation of his assets

The Economic and Financial Crimes Commission (EFCC) says James Ibori, former governor of Delta state, is “fighting tooth and nail” to stall the confiscation of his assets in the United Kingdom.In 2012, a UK court convicted Ibori of money laundering, with most of his property in the country risking confiscation.  He, however, appealed the conviction.In the latest edition of its monthly media [...]

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    EFCC: How UK newspaper tried to exonerate Ibori’s lawyer who was convicted of money laundering

EFCC: How UK newspaper tried to exonerate Ibori’s lawyer who was convicted of money laundering

The Economic and Financial Crimes Commission (EFCC) has disclosed details of how The Mail, a UK newspaper, had reportedly goofed in one of its reports concerning Bhadresh Gohil (pictured), counsel to James Ibori, former governor of Delta state.Like Ibori, a UK court also convicted Gohil of money laundering.In the new edition of its monthly media publication, EFCC ALERT, a report detailed how [...]

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    Osinbajo to investors: There are ‘salivating opportunities’ in Nigeria

Osinbajo to investors: There are ‘salivating opportunities’ in Nigeria

Vice-President Yemi Osinbajo says there are "salivating" opportunities in the country for investors to explore.Osinbajo said this on Thursday when he met Boris Johnson, British foreign secretary, who led a delegation of UK ministers to Aso Rock.He said the federal government is ready to provide the necessary assistance to private investors seeking to invest in the country.The vice-president also said [...]

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    UK pledges £7m to fight human trafficking in Nigeria

UK pledges £7m to fight human trafficking in Nigeria

The United Kingdom government says it will spend £7 million to fight human trafficking, which it described as modern slavery, in Nigeria.Priti Patel, international development secretary, made this known on Thursday when she visited a Lagos safe house where victims of trafficking rescued from Libya and Europe, are housed by the National Agency For Prevention of Trafficking in People (NAPTIP).After speaking [...]

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    NCC: Nigeria ranks third in global internet crimes

NCC: Nigeria ranks third in global internet crimes

The Nigerian Communications Commission (NCC) says Nigeria currently ranks third globally in cyber crimes behind the UK and the US.Umar Danbatta, chief executive officer of NCC, disclosed this on Tuesday at the ongoing 2017 annual general conference of the Nigerian Bar Association (NBA) in Lagos.Danbatta, at a breakout session with the sub-theme: 'The Business of Cyber Law, Internet Policy and [...]

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    Corruption, health issue, poison rumour — 6 things missing in Buhari’s address

Corruption, health issue, poison rumour — 6 things missing in Buhari’s address

When President Muhammadu Buhari returned to Nigeria on Saturday, Nigerians took to the streets in their numbers to welcome the president, who has found a place in the heart of the people regardless of any shortcomings.Earlier, Femi Adesina, his spokesman, announced that the president would be addressing the nation on Monday morning. Presidential national addresses are not a common feat [...]

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    We thank God for saving Buhari’s life, says PDP

We thank God for saving Buhari’s life, says PDP

The Peoples Democratic Party (PDP) has expressed belief that, having returned from his medical vacation, President Muhammadu Buhari is now healthier to assume duty.Buhari returned to the country on Saturday after he left to receive medical attention in the UK.In a statement issued by Dayo Adeyeye, PDP national publicity secretary, the party welcomed the president back to the country and [...]

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    Of 6,043 applications, 43 Nigerians bag Chevening award

Of 6,043 applications, 43 Nigerians bag Chevening award

Of the 6,043 applications received in Africa's largest country, forty three Nigerians have been selected as recipients of the UK government Chevening award for a masters degree in the United Kingdom.Laure Beaufils, the deputy British high commissioner, revealed this at the award presentation ceremony and reception in honour of the 2017/18 Chevening scholarship Nigerian recipients in Ikoyi, Lagos on Thursday.Beaufils [...]

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    Saraki: What we discussed with Buhari in London

Saraki: What we discussed with Buhari in London

Senate President Bukola Saraki says his London visit to President Muhammadu Buhari alongside Yakubu Dogara, speaker of the house of representatives, was a "meeting of substance".Saraki and Dogara on Thursday visited the president in the UK where he is receiving medical attention.In a series of tweets, Saraki said they discussed the virement request Acting President Yemi Osinbajo made to the national assembly [...]

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    I feel I could go home but the doctors are in charge, says Buhari

I feel I could go home but the doctors are in charge, says Buhari

President Muhammadu Buhari says although he feels ready to return to Nigeria, he is restrained by his doctors' instructions to remain in the UK till he fully recovers.A statement issued on Saturday by Femi Adesina, Buhari's special adviser on media and publicity, quoted the president as saying this when a team of his aides visited him in London.The president was quoted [...]

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    NOW OPEN: Chevening scholarships for master’s in UK

NOW OPEN: Chevening scholarships for master’s in UK

The Chevening secretariat is now accepting applications for scholarships in the 2018/2019 academic year.In a statement on its website, the organisation announced that entries would be accepted  from mid-day August 7 until November 7, 2017.Chevening Scholarships is the UK government’s overseas scholarships awarded to individuals with demonstrable 'leadership potential who also have strong academic backgrounds.The scholarship offers financial support for individuals to [...]

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    TheCable’s Tijani Mayowa wins Chevening scholarship

TheCable’s Tijani Mayowa wins Chevening scholarship

Oluwamayowa Tijani, staff writer and columnist at TheCable, has been awarded the Chevening scholarship to study for a master's degree in the UK.The scholarship, which is awarded by the UK Foreign and Commonwealth Office (FCO), is valued at over £30,000 for the academic year.Tijani, who was named alongside over 40 other Nigerians, joins a community of over 1,000 Nigerians who [...]

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    Fed policy decision and UK GDP in focus

Fed policy decision and UK GDP in focus

Asian shares were mostly mixed during early trading on Wednesday, while the Greenback held steady ahead of the Federal Reserve decision later today which is largely expected to conclude with monetary policy unchanged.With it already being considered a foregone conclusion that US interest rates will be left unchanged in July and no press conference scheduled by Janet Yellen, today’s FOMC meeting [...]

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    Oil further threatened as UK plans to ban petrol and diesel cars — like France, Germany, India

Oil further threatened as UK plans to ban petrol and diesel cars — like France, Germany, India

The United Kingdom is set to ban cars that run on diesel and petrol beginning from 2040, posing more threat to the future profitability of oil — Nigeria's major revenue source and economic lifeline.The British government was forced to take the measure following a court order mandating it to produce new plans to tackle air pollution, BBC reports.Michael Gove, the country's [...]

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    I’ll return as soon as my doctors advise me to, says Buhari

I’ll return as soon as my doctors advise me to, says Buhari

President Muhammadu Buhari says he will return to the country as soon as his doctors advise him to do so.The president has been in the UK, where he is receiving medical treatment, since May 7.On Sunday, leaders of his party – the All Progressives Congress (APC) – paid him a visit in London. Rochas Okorocha, Imo state governor, who was [...]

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Exchange Rates

September 18, 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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