May 24, 2019

FGN: $400bn looted from govt treasury

EFCC boss, Magu sues 247Ureport, seeks ₦5bn damages

May 24, 2019 11:12 pm

Mr Ibrahim Magu, Acting Chairman of the Economic and Financial Crimes Commission (EFCC), on Friday dragged 247Ureport, an online media and its Editor-In-Chief to court, demanding N5 billion in damages.

The suit was over a libelous  publication made on May 21, 2018.

The News Agency of Nigeria (NAN) gathered that the said report read:  “Buhiari holds secret talk with Sheriff to push for 2019 EFCC Chairman’s Guber ambition.”

NAN also gathered that the said report contradicted the will of the acting chairman of the EFCC, who hails from Borno and that there was no such ambition.

The acting Chairman in …

French police arrest 2 suspect over bomb explosion

France: Bomb blast in Lyon leaves several injured

May 24, 2019 10:57 pm

A package blast on a pedestrian street in the heart of France’s city of Lyon wounded several people Friday, officials said, just two days ahead of the country’s hotly contested European Parliament elections.

President Emmanuel Macron called the blast an “attack” during a live Facebook interview, adding that no deaths had been reported “for the time being”.

The area where the explosion occurred, on a narrow strip of land between the Saone and Rhone rivers in the historic centre of the southeast city, was evacuated and cordoned off by police, according to AFP journalists at the scene.

A police source …

Patience Jonathan’s $5.7m, ₦2.4bn: EFCC seeks forfeiture

Patience Jonathan’s $5.7m, ₦2.4bn: EFCC seeks forfeiture

May 24, 2019 10:32 pm

The Economic and Financial Crimes Commission (EFCC) yesterday urged the Federal High Court in Lagos to order the final forfeiture of $5.7million and N2.4billion belonging to former First Lady Dame Patience Jonathan.

It said the money is reasonably suspected to be proceeds of crime.

Moving an application for the final forfeiture, the EFCC’s lawyer, Rotimi Oyedepo, said Mrs Jonathan did not earn the money legitimately.

But, Mrs Jonathan, through her lawyer, Chief Ifedayo Adedipe (SAN), said the money was not stolen.

He said it was part of gifts from friends, adding that nobody complained that their money was stolen.

Justice …

Research institute develops erosion-control grass

Research institute develops erosion-control grass

May 24, 2019 6:22 am

Prof. James Adediran, the Executive Director, Institute of Agricultural Research and Training (IAR&T), Ibadan, says IAR&T  has developed an erosion-control method, using Vetiver grass.

Adediran made this known in an interview with News Agency of Nigeria (NAN) on Friday in Ibadan.

He said that Vetiver is a densely tufted, wiry, perennial grass with strong fibrous root system that can penetrate and bind the soil to a depth of up to three meters.

The professor said that the grass has stiff, erect stems that can form dense hedges against erosion.

Adediran added that the use of the grass for erosion control …

China denies US claim about Huawei’s government ties

China denies US claim about Huawei’s government ties

May 24, 2019 6:01 am

China ramped up a war of words with the United States over Huawei on Friday, accusing Washington of spreading “lies” about the telecom giant thrust to the centre of their trade war.

The fiery response came hours after US Secretary of State Mike Pompeo rejected Huawei’s denials that the Chinese company works with the Communist government.

The Trump administration has infuriated Beijing by blacklisting the smartphone and telecommunications company over worries that China uses it as a tool for espionage, and allegations of breaking sanctions on Iran.

Huawei has repeatedly denied it works with the Communist-led government.

“To say that …

Theresa May to resign as PM June 7

Theresa May to resign as PM June 7

May 24, 2019 5:47 am

The British prime minister announced Friday that she plans to resign, after trying  and failing to steer the United Kingdom through its divorce with the European Union.

While this brings a close to her beleaguered premiership, it adds even more chaos to UK politics as the country tries to finalize its exit from the EU.

May will not leave office immediately. She will step aside as leader of the Conservative Party onJune 7, which will trigger a leadership contest to replace her on June 10. But she will stay on as prime minister until her successor is selected, at which …

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