Tuesday, April 23, 2019

Tag "uk"

    I’ll return to Nigeria ‘in a matter of days’, says Ibori

I’ll return to Nigeria ‘in a matter of days’, says Ibori

James Ibori, former Delta state governor, who was released from a UK prison in December 2016, says he will return to Nigeria “in a matter of days”.A UK court convicted Ibori of fraud in 2012, and he was in prison until December.In a statement issued on Tuesday, Tony Eluemunor, Ibori’s media assistant, said: “The British government had attempted to withdraw [...]

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    Kyari has never allowed govt foot his medical bills, says Garba Shehu

Kyari has never allowed govt foot his medical bills, says Garba Shehu

Garba Shehu, presidential spokesman, says  Abba Kyari, chief of staff to the president, did not use the funds of the Nigeria high commission in London to pay his medical bills during his recent visit for emergency medical treatment. Shehu said the allegations contained in a report published by an online news medium, were “totally incorrect, misleading and a fabrication”.“The Nigeria High Commission in [...]

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Ibori does not have to report to the police ‘at all’, says aide

Tony Eluemunor, media aide of James Ibori, says the ex-governor is not under house arrest in the United Kingdom (UK), and does not have to report to the police.Ibori was released on Wednesday after serving a jail sentence in London.However, a few hours after his release some reports said the former governor of Delta state was put under house arrest.But [...]

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    From Dec 5, UK high commission will no longer withhold your original documents

From Dec 5, UK high commission will no longer withhold your original documents

The UK high commission in Nigeria has adopted a new visa application process, the British High Commission disclosed on Friday.Joe Abuku, spokesman of the high commission, described the new process as a slight change in which visa staff now only need electronic versions of support documents.The new process, which takes effect from December 5 for customers applying for a UK [...]

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    Sterling shivers ahead of UK Q3 GDP

Sterling shivers ahead of UK Q3 GDP

The ongoing Brexit saga has exposed Sterling to prolonged periods of pain this year with uncertainty effectively damaging buying sentiment towards the currency.It has become quite clear that Brexit fears have left a painful scar on the Pound, with weakness becoming the new norm as anxiety repels investor attraction. Much attention may be directed towards the latest third quarter [...]

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    Is Trump’s rally over?

Is Trump’s rally over?

The financial markets’ reaction to Trump’s victory seems to be abating early Tuesday with the dollar index retreating for the first time in six days after approaching its highest levels in nearly 13-years. Global bonds sell-off also took a break after wiping out almost $1.5 trillion from its value. More interestingly, yields on Japan’s 10-year JGB’s rose above zero for the [...]

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    UK pushes Nigeria’s foreign investment to 16-month high

UK pushes Nigeria’s foreign investment to 16-month high

Investments from the United Kingdom (UK) have pushed Nigeria's foreign investment to $1.82 billion – it's highest level in 16 months.According to the National Bureau of Statistics (NBS) capital importation report, the total value of capital imported into Nigeria in the third quarter of 2016 was estimated to be $1.822 billion, which represents an increase of 74.84 percent relative to the second [...]

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    UK will launch departure from EU next year, says May

UK will launch departure from EU next year, says May

Theresa May, United Kingdom prime minister, says Britain will commence the formal process of leaving the European Union (EU) in the first quarter of next year.According to the BBC, May said this on Sunday, explaining that the country would be free to make its own decisions without depending on the EU for approvals.She said the British government would trigger article [...]

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    UK to work with Nigeria on affordable, quality education

UK to work with Nigeria on affordable, quality education

Insight Africa UK with British Department for International Trade will discuss the current state of education in Nigeria and work towards forging a mutually beneficial relationship with UK universities.Wale Adebanjo, communication manager, British deputy high commission, made the plan known in a statement issued in Abuja on Tuesday.Adebanjo said the discussions would be held at the launch of  Insight Africa [...]

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    Black Lives Matters protesters shut runway of London City Airport

Black Lives Matters protesters shut runway of London City Airport

All flights at London City Airport were disrupted after protesters from The Black Lives Matter UK movement gained access to the runway.According to the BBC, The Metropolitan Police said it was called to the site after nine protesters erected a tripod and "locked themselves together" on the runway.All nine were removed and arrested. The airport said inbound flights were diverted.The [...]

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    UK DFID offers medical fellowship to midcareer doctors

UK DFID offers medical fellowship to midcareer doctors

The UK Department for International Development (DFID) has announced a medical fellowship for doctors in developing countries.Midcareer staff who qualified to become doctors between October 1, 2007 and September 30, 2010, can apply for a Commonwealth fellowship to spend a learning period of three to six months at a UK university hospital.The fellowship will commence on October 1, 2017 and [...]

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    GOOD NEWS: You can now process your UK visa within 24 hours

GOOD NEWS: You can now process your UK visa within 24 hours

The United Kingdom has launched super priority visa service in Nigeria to allow customers to process their applications within 24 hours.In a statement posted on its website, the British high commission said the new service was brought up to particularly meet the needs of those requiring urgent traveling service.The statement said Paul Arkwright, British high commissioner to Nigeria, hailed the [...]

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    How Nigerian trafficker was arrested 3 years after fleeing Europe

How Nigerian trafficker was arrested 3 years after fleeing Europe

Franca Asemota, a Nigerian, has been found guilty of trafficking Nigerian girls for sex work, and sentenced to 22 years in jail in the United Kingdom.Asemota was identified as a trafficking suspect in 2012 and fled from Italy to Nigeria when some of her co-conspirators were arrested by Immigration Enforcement investigators.She was arrested by the Economic and Financial Crimes Commission [...]

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    Ibori’s lawyer awarded £20,000 for unlawful detention

Ibori’s lawyer awarded £20,000 for unlawful detention

Bhadresh Gohil, a lawyer convicted of money laundering and linked to James Ibori, a former governor of Delta state, has received £20,000 from the crown prosecution service after claims that he was deprived of his rights.According to BBC, Gohil had served half his sentence for fraud and money laundering but Sasha Wass, the prosecution lawyer, applied for the bail to be [...]

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    2 Nigerians named among 10 wanted fraudsters in the UK

2 Nigerians named among 10 wanted fraudsters in the UK

Two Nigerians are among 10 wanted fraudsters in the United Kingdom, according to a list published on Tuesday by City of London Police and the National Crime Agency.The 10 wanted fraudsters were linked to over £20 million worth of fraudulent acts in the UK and abroad.Forty-one-year-old Bayo Lawrence Anoworin is wanted by Lincolnshire Police in connection with fraud offences and money laundering.Anoworin [...]

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    Coast clear for Theresa May to become UK prime minister as Leadsom quits

Coast clear for Theresa May to become UK prime minister as Leadsom quits

Theresa May is set to become the prime minister of the UK, following the decision of Andrea Leadsom, May’s only contender, to pull out of the contest to become Conservative Party leader.May battled four other contenders to the Tory leadership race and was left with Leadsom as the only barrier between her and the leadership of the party and consequently [...]

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Exchange Rates

April 22, 2019USDGBPEUR
INTERBANK306397354
LAGOS362475413
KANO361474413
PH361475412
ABUJA362476413
NOTE: The black market rates represent the most prevalent. They could be slightly higher or lower among different sellers.
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