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Monthly Archives: October 2016

Protesting lawyers shut down parts of Abuja, want SSS to obey Court orders

Thousands of lawyers have stormed the streets of Abuja, in protest of the alleged continued disobedience of court orders by the State Security Service, SSS. The lawyers, supported by members of the civil society community, have stormed the Federal High Court Headquarters in Maitama, the Attorney General’s office, National Human Rights Commission. They are currently heading to the Three Arms ... Read More »

Igbos Are Their Own Worst Enemies…if Fashola were an Igbo man, he would have left Tinubu – Orji Kalu

Igbos who have often blamed the Federal Government for the backwardness in the South East have been told that they have no one but themselves to blame for their woes. Former Abia State Governor and businessman, Chief Orji Uzor Kalu, said in the recent edition of The Interview that, “Igbos are their own worst enemies.” He said a number of ... Read More »

CBN sells N51b T-Bills, interbank rate flat

The Central Bank of Nigeria (CBN) at the weekend, sold about N51 billion ($168 million) worth of treasury bills to mop up liquidity even as the overnight lending rate traded flat around 10 per cent, traders said. The bank sold N25 billion of 174-day open market operation bills at 18 per cent and N26 billion of the 364-day paper at ... Read More »

Conoil grows Q3 profit by 54% to N2.7b

Conoil Plc continued to ride on the back of improved cost efficiency as the downstream oil major grew profit before tax by 54 per cent to N2.72 billion in the third quarter. Key extracts of the nine-month report of Conoil for the period ended September 30, 2016 released yesterday at the Nigerian Stock Exchange (NSE) showed that the company optimised ... Read More »

Ford stops exportation of 500 vehicles to Nigeria

There are indications that Ford Motor Company has suspended its planned exportation of 500 units of vehicles meant for the Nigerian market owing to the current economic recession. The United States automaker was said to have assembled the vehicles in its South African factory and completed all arrangements to ship them to Nigeria before halting the decision. Prof. Okey Iheduru ... Read More »

Transfer of CCB, CCT to NASS self serving – Senator

A lawmaker representing Jigawa North West in the Senate, Sen. Abdullahi Abubakar, on Sunday said the decision of the National Assembly to take over the supervision of the Code of Conduct Bureau and Code of Conduct Tribunal was self serving. The senator, who said he was away on oversight duties when the amendment was made, stressed that he was completely ... Read More »

Return your loot and enjoy God’s mercies – Cleric tells Politicians

A cleric in Taraba, Rev. Fr Charles Nyameh, has admonished looters of Nigeria’s treasury, to return their loots in exchange for God’s mercies. Nyameh, priest in the Catholic Diocese of Jalingo, in a sermon in Monkin, Zing Local Government Area of the state, supported his call with the story of Zachaeus, a rich Tax Collector, who, on encountering Jesus, repented ... Read More »

El Salvador arrests ex-president on fraud charges

Has Authorities in El Salvador arrested the country’s ex-president Elias Antonio Saca and several other former officials on Sunday for alleged embezzlement and money-laundering, the attorney general’s office said. Saca, 51, and six other former officials from his government were detained in the early morning “on charges of various crimes,” it said on Twitter. Saca is a member of the ... Read More »

Clinton’s lead narrows after email fallout

The race for the White House narrowed noticeably on Sunday as Hillary Clinton sought to shake off a renewed FBI probe of her emails and Donald Trump blitzed western states nine days ahead of the vote. An ABC News/Washington Post poll put the Democratic presidential candidate just one point ahead of her Republican challenger Donald Trump at 46-45 per cent ... Read More »

$15m : Patience Jonathan’s suit illegal, says SERAP

A human rights group, Socio-Economic Rights and Accountability Project, has described the suit filed against it by wife of ex-President Goodluck Jonathan, Patience, as grossly incompetent and urged a Federal High Court in Lagos to dismiss it. A group, the Union of Niger Delta Youth Organisation for Equity, had on behalf of itself and Patience sued SERAP for allegedly championing ... Read More »