February 2019

Democrats refuse to endorse Bernie Sanders presidential bid

February 22, 2019 6:34 am

Florida Democrats are denouncing Democratic presidential candidate Bernie Sanders for refusing to call Venezuelan strongman Nicolas Maduro a dictator — a politically explosive issue in the nation’s biggest swing state.

Sanders also would not say whether he considered Venezuela’s assembly leader, Juan Guaidó, as the nation’s interim president, which is the position of the United States and a majority of Latin American countries European countries.

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Uncertainty over T.B Joshua’s ₦20m donation to home town

February 22, 2019 5:52 am

There seems to be uncertainty on what has become of a sum of  ₦20 million reportedly donated by the founder of the Synagogue Church of All Nations (SCOAN), Prophet T.B Joshua, for electricity upgrade in his Arigidi-Akoko community of Ondo State.

The sum, it was gathered, was paid to a development association in the community for onward transfer to the Benin Electricity Distribution Company (BEDC) about two years ago.

For about four years, electricity supply to Arigidi had dipped badly as a result of what community sources described as damaged cables and transformers, and huge indebtedness to the electricity company, …

Seven nabbed for alleged PVCs racketeering in Ekiti

February 22, 2019 5:17 am

Seven members of the People’s Democratic Party (PDP) in Ekiti State have been arrested for illegal collection of Permanent Voter Cards (PVCs) from eligible voters in Ikere Ekiti.

The House of Assembly member representing Ikere Constituency 1, Mr. Wale Ayeni, who allegedly masterminded the voter cards racketeering was said to be on the run.

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NFF yet to pay for Super Eagles ceremonial outfit

February 22, 2019 4:50 am

Gt Stitches, the designer of the Super Eagles of Nigeria’s ceremonial attire to the Russia 2018 World Cup, on Thursday accused the Nigerian Football Federation (NFF) of failing to pay for the outfit, nearly eight months after the Mundial ended.

The clothing brand’s CEO, Esimaje Awani, made the allegation in a post on GT Stitches’ Instagram page.
He said: “NFF refused to pay for ceremonial outfit almost one year after World Cup! This can only happen in Nigeria!!”

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₦23bn accrues to FIRS from taxes on corporate accounts

February 22, 2019 4:31 am

The Federal Inland Revenue Service (FIRS) has generated over ₦23 billion in unpaid taxes from the recently suspended substitution exercise on corporate bank accounts, which was marked by the imposition of restriction on the accounts of tax-defaulting organisations. This was disclosed in Lagos yesterday by the FIRS Chairman, Mr. Babatunde Fowler.

The FIRS boss made the disclosure at the Manufacturers Association of Nigeria (MAN) Interactive Forum on Tax Matters.

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$8.4m fraud: Fred Ajudua cross-examines Bamaiyi

February 22, 2019 4:02 am

Bamaiyi said he can’t remember how much he earned in the army while being cross-examined by Fred Ajudua, who is also the defendant in the matter. Ajudua is standing trial before the court for allegedly defrauding Bamaiyi of $8.4m while they were both inmates of the Kirikiri prison in Lagos.

Ajudua allegedly conned Bamaiyi of the said sum, after he told him that it represented legal fees for Afe Babalola, SAN, who would help him bribe the trial judge, Justice Joseph Oyewole.

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Illicit financial flows

Nigerians overseas remitted ₦9 trillion in 2018

February 22, 2019 3:35 am

7 times the size of foreign aid to Nigeria

Remittances by Nigerians living abroad provided a boost to the economy in 2018 as the total value of remittance from migrants amounted to $25 billion, (about ₦9 trillion), the highest diaspora inflow into the country in the last 13 years.

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Kaduna killings: Police disagree with El-Rufai on figures

February 22, 2019 3:09 am

48 hours after Governor Nasir El-Rufai put the figure at 130, Kaduna State Commissioner of Police, Ahmad Abdulrahman has said that the casualty figures of Kajuru killings is yet to be ascertained.

The police commissioner while briefing newsmen in Kaduna on Thursday, however, warned that, nobody should stampede investigations on the killings, adding that, “even if the governor tells you it is 200 bodies, he is just quoting figures, because it may be more than that or less than that.”

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PDP to voters: Don’t let shoot-on-sight order scare you

February 22, 2019 2:38 am

The Peoples Democratic Party (PDP) has urged voters not to be scared by what the party described as a shoot-on-sight directive against would-be ballot box snatchers.

Speaking at a media briefing in Abuja yesterday, the PDP National Chairman, Prince Uche Secondus, urged Nigerians to be focused and refuse to be intimidated as they go out to cast their votes.

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Central banks in ECOWAS meeting on single currency

February 22, 2019 1:33 am

Central banks of members of the Economic Community of West African States (ECOWAS) are meeting to take stock of the progress made so far on a single currency for the region by 2020.

The 53rd meeting of the Committee of Governors of Central Banks opened on Thursday in Dakar.

The meeting is organized by the Central Bank of West African States (BCEAO) and the West African Monetary Agency (AMAO).

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