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Friday, 30 September 2016

Gender Equality Bill Passes Second Reading

Bill which seeks to eliminate all forms of discrimination against women passes through the crucial second reading on the floor of the Senate.

Sponsor of the bill senator Biodun Olujimi says bill will ensure the elimination of discrimination against women in education, employment, profession and occupation.

Edo Governor-Elect

Godwin Obaseki promises to transform the economy of the state and empower the people.
Obaseki says his administration will create jobs, secure the state and ensure the welfare of the people.

Budget Padding Controversy: House of representatives suspends Jibrin

House of representatives suspends Abdulmumin Jibrin says he will seek reedress in court

Thursday, 29 September 2016

Lagos Kidnap: police arrest suspect

One of the suspected militants alleged to have abducted three landlords and their Aerobics instructor at a Lagos/Ogun border community,  has been arrested.
A police source told reporters that the 38-years-old man was arrested by the police in Ore town, Ondo state.

3rd Oct has been declared public holiday to mark Independence

The Nigerian Government has declared Monday, October 3 as public holiday to mark the country’s 56th Independence Day anniversary.

The holiday was announced on Thursday in Abuja by the Minister of Interior, Lieutenant General Abdulrahman Dambazau (Rtd).

Sudan Conflict: Sudan government accused of using chemical weapons in Darfur

A rights group says dozens of children in Darfur have died writhing in agony, allegedly killed by chemical weapons dropped on them by their own government.
Amnesty international says the children are among more than 200 people estimated to have been killed by the banned weapons since January.

National Security: US Congress rejects Barack Obama's veto of 9/11 bill allowing families to sue Saudi Arabia

U.S. president Barack Obama says congress made a 'mistake' by overriding his veto and pushing through a bill that allows legal action against Saudi Arabia over the 9/11 attacks.

He says the bill will set a 'dangerous precedent' for individuals around the world to sue the U.S. government.

Edo Governorship Election: INEC declares APC candidate the winner

The governorship election took place in 18 local government areas of Edo State in South-south Nigeria.

Nineteen candidates contested in the election.

INEC declares APC candidate, Mr Godwin Obaseki, as the winner of the Edo State governorship election.

Forex Market: CBN settles 3rd OTC FX

CBN settles 3rd OTC FX futures contracts on the interbank market.
The contract with a national value of $180m was executed between the CBN and authorised dealers on FMDQ OTC securities exchange.

Global Competitiveness Ranking: Nigeria drops 3 spots to 127th

World economics competitiveness report 2016-2017 shows Nigeria ranked 127th out of 138 countries surveyed.
The report by the world economic forum, explains that Nigeria fell three places on the index due to the fall in commodity prices and weaker macroeconomic environment.

National Team Management: Sam Allardyce leaves England job

English football association confirms Gareth Southgate will take charge of England football team for the next four matches after Sam  Allardyce left the role on mutual agreement.

CONCACAF Champions League

Fanendo Adi scores for MLS champions, Portland Timbers in 2-1 win over CD Dragon.
The 25 year-old Nigerian forward scored the equaliser for the timbers in the 79th minute and also won the free kick that led to Dalinton Nagba's 90th minute winner.

Wednesday, 28 September 2016

2016 CAF Champions League

Zamalek football club of Egypt and Mamelodi Sundowns of South Africa will clash in this year's final.

Sundowns qualified after beating Zesco united of Zambia 2-0 in the second Leg of their semi-final in Pretoria while Zamalek progressed with a 6-5 aggregate scoreline over Wydad Casabalanca of Morocco.

Syria's Conflict: US-Russia plans 'must be saved' - Lavrov

Russia's foreign minister Sergei Lavrov says US and Russian plans to end Syria's Conflict must be saved as there is no alternative.
Mr Lavrov said this at the UN meeting in New York, just as the northern city of Aleppo endured a day of relentless air strikes, with the Syrian Military determined to retake rebel-held areas.

Multinational Joint Task Force Claims Victory Over Boko Haram

The multinational Joint Task Force says troops have almost routed Boko Haram in Nigeria's northeast and the lake Chad areas.
The commander of MJTF,  Major general Lamidi Adeosun, says troops are closing in on the last strongholds of the militants.

Nigeria Foreign Reserves Falls-Udoma

The minister of budget and national planning, Sen. Udoma Udo Udoma, says NIgeria's foreign reserves have reduced from US$26.51BN in the second quarter to  US$24.74BN in September.
Sen. Udoma adds that Nigeria had revenue and foreign currency concentration challenges.

Sunday, 25 September 2016

Boko Haram Insurgency:Abubakar Shekau claiming to be alive

Another video has emerged purportedly showing the factional leader of the insurgent Boko Haram group Abubakar Shekau claiming to be alive and in good health.

however, the military says the video recording is mere ranting by a man they describe as 'mentally sick and unstable'.

National Assets Sale: PENGASSAN threatens to shut down Nigeria

The petroleum and natural gas senior staff association  (PENGASSAN) has threatened to shut down the country if the federal government sells national assets as a way out of the current economic recession.
PENGASSAN described the plan as a self-destructive move.

Friday, 23 September 2016

Anti-corruption Fight: Buhari Explains the need for the return of illicit financial assets.

President Muhammadu Buhari has asked Nigeria's development partners to guarantee the right to development by returning illicit financial assets.

President Buhari said this at the UN general assembly to commemorate the 30th anniversary of the declaration on the right to development.

Tulsa Shooting

images from the web

Prosecutors says a police officer who fatally shot an unarmed black motorist in Tulsa, Oklahoma, has been charged with manslaughter.

Officer Betty shelby shot and killed Terence Crutcher last week while he was standing next to his broken-down car.

Markets on MPC Today

Naira value declines across market platforms, trading 310.08 on USD at interbank spot market midweek.

Stocks flats-out as Lafarge Africa announces successful 2019/2021 debt raising of NGN60BN at 14.25% and 14.75% each.

Odu'a Group Earnings

Oyo, Ondo, Ogun, Ekiti, and Osun states get NGN35MN cash dividend each for FY 2015, showing 16% increase over 2014.
Oldest indigenous trading group targets NGN100MN cash distribution for FY 2016.

Bayelsa Governorship Election: Court of Appeal upholds Dickson as the winner

The court of appeal sitting in Abuja has upheld the election of Seriake Dickson as the validly elected Governor of Bayelsa state.
The court's five-man panel resolved all the five issues raised by the APC candidate in the election, Timipre Sylva.

Undeclared Crude: Reps To Investigate Over $17bn Crude Oil And Gas Shortfall

The house of representatives has resolved to investigate claims that  over $17 billion undeclared crude oil and gas exports are yet to be recovered.
The motion states that the funds are recoverable while the companies involved have being identified.

Anti-corruption Fight: Senate Seeks New Strategy On Corruption Fight

Some senators have called on the executive to re-strategize on its war against official graft.
The lawmakers argued that some measures taken by the government are driving away investors.

Wednesday, 21 September 2016

2016 Paralympic Games

Nigeria's record-setting Paralympic team have returned to the country.
The team, won a record 12 medals comprising 8 gold, 2 silver and 2 bronze medals at the Rio Paralympic Games.

U.S. Bomb Attack: Bomb squad in Elizabeth detonates device

A suspicious device found near a new Jersey railway station exploded as a bomb squad was attempting to disarm it with a robot.
It was one of up to five devices found in a backpack inside a rubbish bin near the station in Elizabeth, according to the city's mayor. No-one was hurt.

Kenya-Somalia Border Dispute: Somalia sues Kenya at top UN court over maritime border

International court of justice to hear a long-running maritime border dispute between  Kenya  and Somalia at the Hague.
Kenya's attorney-general Githu Muigai says he will lead a high-powered delegation to the ICJ to present Kenya's case.

Tuesday, 20 September 2016

Nigeria's Capital Importation

Total value in Q2 increases 46.58% to $1.04BN due to rise in loans to oil and gas and telecom sectors.
Latest NBS report shows portfolio and FDI post increases of 24.45% & 5.64% each.

The Business Week

A raft of interest rate setting decisions from number of central bankers this week, eye on US FOMC, BOJ, SARB, Nigeria  and Kenya.
VP Osinbajo hosts quarterly Econ.  forum Sept 19 as Afrinvest unveils 2016 banking sector survey Sept. 21

Adamawa IDP's: Minister Of Women Affairs Slumps In Adamawa

The minister of women affairs, senator Aisha Alhassan visits IDP's in Yola, also donates relief materials to the victims.
The IDP'S in Fufore camp are asking the authorities to provide them permanent accommodation.

2016/17 Legal Year: Judges must stop abusing judicial powers-CJN

The Chief Justice of Nigeria has warned that no court of equal jurisdiction should  overrule a sister court in cases involving the same parties.
Justice Mahmud Mustapha says judges involved in delivering such judgements must stop abusing their judicial powers.

Boko Haram Insurgency: We’re making progress with de-radicalisation – Buhari

Buhari says advances being made against terrorists go beyond degradation through just force of arms.
Buhari assures existing and potential investors in Nigeria of adequate protection of their lives, investments and property.

71st UN General Assembly: Buhari to adress the plenary session

President Muhammadu Buhari has addressed the opening of high level plenary on movements of refugees and migrants at the United Nations Headquarters in New York.
President  Buhari decried the plight of the over nine million people in the lake Chad basin and the number of people displaced by Boko Haram terrorists.

Road Safety: FRSC to commence enforcement of speed-limiting devices on commercial vehicles

Federal road safety corps intensifies enlightenment campaigns ahead of October first start date to enforce speed limits across the country.

Speed limit devices to be installed in all commercial vehicles to lower the frequency of road crashes.

Robbery Charge: Audu Abubakar's son, Mohammed arraigned for armed robbery

The first son of the late former governor of Kogi state, Mohammed Audu was arraigned at the kogi state magistrate court 2 in Lokoja.
He was, however, granted bail in the sum of N100, 000 & a surety in like some.

Saturday, 17 September 2016

EFCC to invite Patience Jonathan's security aides over $15m scandal

EFCC operatives have reportedly written to the Department of State Security requesting for permission to interrogate some of the security aides of former First lady, Patience Jonathan who is currently involved in a $15 million scandal.

Laverne Cox rocks two outfits to pre-Emmy party

Popular transgender actress, Laverne Cox, 32 turned up to the Variety and Women In Film's Pre-Emmy bash in a body fitted white frock which she accesorised with a diamond choker and shiny bangles. She later changed into a blue jumpsuit and patterned jacket.

Physically Challenged Nigerian blogger who made headlines after her hubby proposed to her gets married

Lizzy the Nigerian blogger whose proposal from her boyfriend of 8 years, Amen, made headlines some years back had her traditional wedding and she looked exceptionally beautiful.

 More photos:

How Much is Brain Surgery, Comedian Basketmouth Ask

Basketmouth's hilarious comment after a UK barber charged him £200 to taper his hair

Ibinabo Fiberesima shares photo in sexy carnival costume

The actress and mother of five shared this hot photo

Fighting Insurgency: FG intensify it's efforts to release kidnapped Chibok girls

The Federal Government through the Information and Culture Minister Lai Mohammed, explained their intense efforts to release the Chibok girls kidnapped by Boko Haram at a press conference in Abuja Friday.

Uche Jombo adorable in new photos

Actress Uche Jombo looked beautiful as she attended two different events in the same outfit with a little difference in the left photo.

The Game calls Meek Mill a snitch

Rapper, The Game, took to his Instagram account to diss rapper, Meek Mill, calling him a snitch amongst other names. The Game's fans went on Meek Mill's IG account with emojis of rats, alluding that he is a snitch.

Friday, 16 September 2016

U.S Election: Trump Believes Obama Was Born In US

The trump campaign acknowledges in a statement that president Obama was born in the U. S.
The republican candidate had been a leader of the "Birther" movement that questioned Hawaii-born Obama's citizenship.

Rio Olympics Games

Ndidi Nwosu and Bose Omolayo extend team Nigeria's medal haul to 9; 6 gold, 2 silver and 1 bronze.
Nwosu lifted a paralympic record of 140kg to place first in the -73kg powerlifting event while Omolayo set a new world record in winning the -78kg event.

Nigerian Economic Recession

The president says the nation's economic challenges requires "out of the box thinking " and also promised to improve public-private partnership.
President Muhammadu Buhari said this at a retreat in Abuja focused on building inter-ministerial synergy.