March 21, 2019

Local bond market attracts $6b, says CBN

March 21, 2019 10:20 pm

THE successful conduct of the general elections is rubbing off positively on investments, with the inflow of over $6 billion into the local bond market.

Central Bank of Nigeria (CBN) Governor Godwin Emefiele described the foreign capital inflows to the bond market as an indication of the continued investors’ confidence in the strength of the economy.

The CBN boss, who spoke yesterday at the BusinessDay Post-Election Economic Agenda Conference in Lagos, also set a post-election agenda for the nation’s monetary policy. The current policy stance of the bank is expected to continue while inflation is estimated to rise to 12 …

NOUN apologises to Obasanjo over salary controversy

March 21, 2019 10:08 pm
The National Open University of Nigeria (NOUN) has tendered an unreserved apology to the former President Olusegun Obasanjo, over a news report that he was taking on the payroll of the university as a facilitator.

The university further made it clear that the elder statesman had accepted to be rendering free services to the university in the same capacity.

The university made this known on Thursday in Abuja, through a statement signed by Mr Ibrahim Sheme, its Director of Media and Publicity.

The university said it was reacting to a story in a national newspaper on Wednesday that Obasanjo would

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Ooni of Ife hosts 2Face, wife Annie

March 21, 2019 9:56 pm

The Ooni Of Ife, Oba Adeyeye Enitan Ogunwusi has played host to Nigeria’s music icon, 2Face Idibia and his wife Annie, at his palace.

The Ooni of Ife’s official Instagram page posted a video of the visit of 2Face Idibia and his wife on Wednesday, where the king expressed his pleasure over the visit.

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Southern, Middle belt leaders back Atiku to challenge poll

March 21, 2019 1:07 pm

The Southern and Middle belt leaders have thrown their weight behind the presidential candidate of the Peoples Democratic Party (PDP) Atiku Abubakar’s resolve to challenge outcome of the 2019 presidential poll.

They also rejected outcome of the poll, saying Jubril (President Muhammadu Buhari) should bear a huge moral burden of the fraud that was perpetrated in the elections.

The former vice president has challenged the re-election Buhari in court.

He met with the Southern and Middle Belt Leaders on Wednesday in Abuja where he expressed confidence in the ability of judiciary in doing the right thing on the matter.

In
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Suspected ritualist lynched in Bayelsa

March 21, 2019 1:01 pm

Angry mob on Thursday lynched a suspected ritualist at Akenfa a suburb of Yenagoa, the Bayelsa state capital.

He was reportedly caught red-handed while trying to cut the body of a young lady he was accused of killing by the mob.

It was gathered that the young lady identified as Best, an indigene of Epie, was hit and killed by the suspect.

The community has come under attack by ritualists who kill women and harvest their vital body parts.

Sources said the suspect threatened to attack the mob with an axe when he was caught but that he was later
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CJN Onnoghen set for no-case submission, as FG closes case

March 21, 2019 12:56 pm

The federal government on Thursday closed its case of non-asset declaration charges against the suspended Chief Justice of Nigeria (CJN), Justice Walter Onnoghen, after calling three out of the six witnesses listed for the trial.

Onnoghen is being prosecuted by the federal government on a six-count charge bordering on alleged failure to disclose some of his assets in his Asset Declaration forms submitted to the Code of Conduct Bureau (CCB).

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2019 elections, a rape of democracy, says Labour

March 21, 2019 12:47 pm

The United Labour Congress (ULC) has described the 2019 general elections as a complete rape of democracy and an embarrassing sham that aborted the will of majority of Nigerians as expressed through the ballot.

It lamented that the Independent National Electoral Commission Independent National Electoral Commission (INEC) negated the principles upon which elections are organised in saner societies.

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CCT Chairman threatens to jail journalists

March 21, 2019 12:34 pm
Chairman of the Code of Conduct Tribunal (CCT), Danladi Umar, on Thursday, threatened to jail journalists over alleged misrepresentation of proceedings of the tribunal’s last sitting.
Umar was visibly angry that some journalists had reported allegation by he suspended Chief Justice of Nigeria, Walter Onnoghen, that his assets declaration forms were in loose form suggesting that they may have been tampered with.
He said this was not what transpired and warned that he would not hesitate to send to prison anyone who misrepresents facts of the tribunal’s proceedings.
“The last proceedings was on Monday March 18. That day Onnoghen’s counsel,
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₦900b probe: Senators, Reps to return fake projects funds

Abia APC backs zoning of Senate Presidency to Southeast

March 21, 2019 12:24 pm

The Abia State Chapter of the All Progressives Congress (APC) has joined other Abians and well-meaning Nigerians to call on the National leadership of the party to ensure that the position of Senate President in the 9th National Assembly was ceded to the Southeast.

Abia APC speaking through the Publicity Secretary of the party in the state, Comrade Benedict Godson on Thursday in Aba, the commercial nerve of the state posited that it will be both politically and morally correct to do so.

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The leaders of Yoruba socio-cultural organisation, Afenifere, yesterday ordered killer Fulani herdsmen to vacate the southwest or face consequences.

Herdsmen shot Enugu council secretary dead

March 21, 2019 12:11 pm

Secretary of the Uzo Uwani local council in Enugu state was on Wednesday allegedly shot dead by herdsmen around Olo town in Ezeagu local council of the state.

The late secretary identified as Nnamdi Ogueche was said to have gone for a peace talk between communities and the herdsmen that have been terrorising parts of Uzo-Uwani local government area in the recent past.

It was gathered the council secretary was in company of three others in a vehicle, who were returning from the peace meeting when the alleged herdsmen attacked their vehicle.

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FG closes case of non-asset declaration against Onnoghen

March 21, 2019 12:03 pm
The federal government has closed its case of non-asset declaration charges against the suspended Chief Justice of Nigeria (CJN), Justice Walter Onnoghen.
Onnoghen is being prosecuted by the federal government on a six-count charge over alleged failure to disclose some of his assets in his Asset Declaration forms submitted to the Code of Conduct Bureau (CCB).
However, the prosecution counsel, Aliyu Umar (SAN), announced that the prosecution is closing its case shortly after the defendant finished the cross examination of the third prosecution witness, Ifeoma Okeagbue, an official of Standard Chartered Bank.
The prosecution, in its application for the trial,
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New Zealand takes action on gun laws

March 21, 2019 11:51 am

Less than a week after the Christchurch attacks, New Zealand is taking serious action on gun laws. Prime Minister Jacinda Ardern announced today that all military-style semi-automatic weapons, assault rifles and high-capacity magazines will be banned.

The proposal goes to Parliament in the first week of April. Before that, New Zealand leaders may reclassify some semi-automatic weapons as “military-style.” Of course, this means a lot of New Zealand citizens will suddenly find themselves owning illegal firearms.

The country’s Cabinet has been tasked with creating a buyback program, and there will be a period of “gun amnesty” during which citizens can …

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