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Showing posts from February 5, 2017

Photographs of Cass recovered from former NNPC GMD in underground house

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See photographs of dollars recovered by the Economic and Financial Crimes Commission (EFCC) from former Group Managing Director of the Nigerian National Petroleum Corporation (NNPC)  Mr. Andrew Yakubu's underground bunker at his home in Kaduna.

Tinubu, Akande Visit President Buhari In London

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The president announced this on his official Twitter handle with a photograph showing the trio accompanying his tweet.The national leader of the All Progressives Congress (APC), Bola Tinubu, and the former interim APC chairman, Bisi Akande, visited President Muhammadu Buhari in London on Thursday.The president announced this on his official Twitter handle with a photograph showing the trio accompanying his tweet.Vice President Yemi Osinbajo, currently serving as acting president, earlier this week confirmed that he spoke with Mr. Buhari, saying that the president was "hale and hearty." Senate President Bukola Saraki also spoke to the president in a phone call

Naira Appreciates To N498/$ As Reserves Hit $28.3bn

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Having depreciated in value to N500 to the dollar at the parallel market, the value of the naira appreciated to N498 to the dollar, the value it had been trading for weeks or weeks, even as external reserves rose to $28.28 billion the highest in the year highest in a year.The naira however remained stable at N305.25 to the dollar at the interbank market, on the website of the Association of Bureau de Change Operators; the naira was quoted at N315.38 to the dollar.Demand for the greenback grew and the Central Bank of Nigeria rationed dollar supply, having sold $660 million in 3- and 5- month currency forwards at an auction aimed at clearing a backlog of dollar demand. Traders however said the dollar sale was not enough to satisfy the market.Data on the website of the apex bank showed that the nation’s external reserves has risen by 7.89 per cent since the beginning of the year.Traders said while the apex bank has been selling dollars on the official market to support the naira, dollar …

Power Failure Disrupts Screening of Ambassadorial Nominees in Senate

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Power failure had momentarily disrupted the ongoing screening of non-career ambassadorial nominees by the Senate Committee on Foreign Affairs.The committee is currently on the seventh nominee – Baba Ahmed Jidda from Borno state – went the light went off at about 12.13pm, a situation which forced the committee to halt proceedings for about five minutes.But power could not be restored immediately and the committee is going on with the screening of Jidda in darkness.

Photographs of the Money Gov. Wike used to Bribe INEC officials during Rivers Rerun

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The Nigerian Police Force has displayed monies recovered from INEC officials said to have been given to them by Governor Nyesom Wike for them to influence the Results of the 2016 Rivers Rerun Elections