Tuesday, May 31, 2016

Stock market lost N1.732tn in one year under Buhari May 31, 2016

The Nigerian stock market crashed by N1.732tn within one year of the Muhammadu Buhari-led Federal Government.
The Nigerian Stock Exchange data showed that the NSE market capitalisation on May 28, 2015 was N11.658tn, while that of May 27, 2016 was N9.926tn.
Stock Market
Market capitalisation is…Stock market lost N1.732tn in one year under Buhari May 31, 2016




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Buhari seeks speedy passage of anti-money laundering bill

President Muhammadu Buhari on Monday promised that his administration would continue to respect the principle of separation of power as enshrined in the constitution.
General Buhari
Buhari also called the attention of the lawmakers to some bills pending before them.
Buhari spoke at a…Buhari seeks speedy passage of anti-money laundering bill




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Nigeria risks losing oil buyers to Iran, S’Arabia

Nigeria, which recently lost its Africa’s top oil producer status to Angola on the back of huge decline in its output, stands a chance of losing some of its traditional buyers to rival producers such as Iran and Saudi Arabia, industry experts have said.
Following the spate of production d…Nigeria risks losing oil buyers to Iran, S’Arabia




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Wike appoints Joseph Yobo as aide

Former Super Eagles Captain, Joseph Yobo, has been appointed as the Senior Special Assistant on Sports Development to Rivers State Governor, Nyesom Wike.
The Governor also appointed Chibuzor Aholu as his Senior Special Assistant on Financial Matters.
Special Assistant to Rivers State Governor,…Wike appoints Joseph Yobo as aide




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Delta Lawmakers pass vote of confidence on Okowa, Igbuya, others

Lawmakers of the Delta State House of Assembly, on Tuesday, praised Governor Ifeanyi Okowa, Speaker, Rt. Hon Monday Igbuya and other principal officers of the House for strengthening the bond of unity, fostering the spirit of oneness, enhancing development and promoting good governance.
Ifeanyi…Delta Lawmakers pass vote of confidence on Okowa, Igbuya, others




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Rivers APC Declares Buhari a Son of the Niger Delta

……..Rates his Administration high on First Anniversary
……Hails Amaechi’s score card as Transportation Minister
The All Progressives Congress (APC) in Rivers State has declared President Muhammadu Buhari an honourary son of the Niger Delta, saying that he has in only one year in office demonstra…Rivers APC Declares Buhari a Son of the Niger Delta




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Release him or charge him to court – Fani-Kayode’s wife tells EFCC

The wife of the embattled former Minister of Aviation and the Director Of Media And Publicity at Jonathan/Sambo Presidential Campaign Organisation, Precious Chikwendu has called on the Economic and Financial Crimes Commissioner (EFCC) to release her husband or change him to court.
Femi …Release him or charge him to court – Fani-Kayode’s wife tells EFCC




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Monday, May 30, 2016

Tension in Edo Communities over Land Dispute

Tension is mounting between Iguomon community and their Ikhuonbo neighbour both in Uhunmwode local government area of Edo state over the ownership of a parcel of land, as Court Monday Remanded six persons from Ikhuonbo community in Prison Custody for attempted murder.
To avert a communal clash…Tension in Edo Communities over Land Dispute




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Edo University: Landlords protest non-payment of compensation

Some senior citizens, who are the owners of farmlands demolished for the establishment of Edo University, Iyamho in Etsako west local government, are protesting the non-payment of about N100million compensation by the Edo state government.
Iyamoh University
The aged protesters, who said they…Edo University: Landlords protest non-payment of compensation




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Alleged threat to life: Auchi Monarch apologises to Odubu

The Otaru of Auchi kingdom, Alhaji Aliru Momoh Ikelebe III, has led other prominent traditional rulers in Edo North to apologise to Edo State Deputy Governor Pius Odubu for the attack on him in Auchi. He called for reconciliation between Governor Adams Oshiomhole and Odubu.
Pius Odubu
The…Alleged threat to life: Auchi Monarch apologises to Odubu




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Explosion Rocks Esan North Local Government Secretariat

Esan North East local Government Area secretariat was last night raised down by fire suspected to have erupted from explosive device.
Although no life was lost in the fire inferno, sources close to the council said the incident was not unconnected with the outstanding workers salaries spanning…Explosion Rocks Esan North Local Government Secretariat




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Cease fire – Tompolo appeals to Niger Delta Avengers

WANTED ex-militant leader, Government Ekpemupolo, a.k.a.Tompolo, on Sunday made a solemn appeal from his hideout to rampaging militant group, the Niger Delta Avengers, to ceasefire, alluding that President Muhammadu Buhari-led government was ready to hold a dialogue with the…Cease fire – Tompolo appeals to Niger Delta Avengers




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Falana, Rewane, others react as Buhari fails to name looters

Some legal practitioners and economists have expressed support for the refusal of President Muhammadu Buhari to unveil the names of looters and the amount of looted assets so far recovered.
The President, had, in an interview in London, while attending the anti-corruption summit organised by…Falana, Rewane, others react as Buhari fails to name looters




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Letter to the President, Muhammadu Buhari

Dear Mr. President
I am one of the unfortunate few that don’t know much about hunger, it’s truly unfortunate. I am not a member of any political party, the two major ones just look the same to me, they are made up of men, and we keep expecting them to be gods, which explains the…Letter to the President, Muhammadu Buhari




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Sunday, May 29, 2016

Buhari fails to disclose details of recovered loot

President Muhammadu Buhari on Sunday dashed the hopes of millions of Nigerians who were waiting to be told how much his administration had so far recovered from individuals and firms accused of looting the nation’s treasury.
President Buhari
Buhari had in an interview in London while attending t…Buhari fails to disclose details of recovered loot




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Boko Haram: Explosion kills 5 people in Borno State

Five people were killed when an improvised explosive device exploded in northeast Nigeria, in a region where Boko Haram insurgents have operated for years, the country’s military said Sunday.
A rickshaw driving close to a military checkpoint on the outskirts of Biu town, Borno State, ran over the…Boko Haram: Explosion kills 5 people in Borno State




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Buhari’s lack of Educational qualification reflects in style of governance – Activist

……says, Buhari’s government is a disaster
A human rights activist and Executive Chairman, Centre for Human Rights and social Justice (CHRSJ), Comrade Adeniyi, Alimi Sulaiman has declared that President Muhammadu Buhari lacked educational requirement of Senior school Certificate(SSCE) to become th…Buhari’s lack of Educational qualification reflects in style of governance – Activist




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APC describes Corruption Accusations against Rt. Hon. Amaechi as Personal Vendetta

The Press Release by the Rivers State Information and Communications Commissioner, Dr. Austin Tam-George, linking the name of Rt. Hon. Chibuike Rotimi Amaechi to the unfortunate comments that Nigeria is fantastically corrupt by Prime Minister David Cameron of Britain is has been tagged by Rivers…APC describes Corruption Accusations against Rt. Hon. Amaechi as Personal Vendetta




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We are giving the best representation to our constituencies, says Delta Speaker

Praises Okowa

The Speaker, Delta State House of Assembly, Rt. Hon Monday Igbuya on Saturday called for more proactive measures by leaders in the country to sustain the trust of followers in the democratic dispensation.
Ifeanyi Okowa
He applauded the role of Governor Ifeanyi Okowa in the…We are giving the best representation to our constituencies, says Delta Speaker




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PDP will return to power in 2019 – Esiso

Restates 2nd term for Okowa

“The main opposition party in the country will in 2019 take back the reins of governance at the centre” says the chairman, Peoples Democratic Party (PDP), Delta State Chapter, Barrister Kingsley Esiso.
PDP
“Come 2019, we not only intend to return our Miracle Working …PDP will return to power in 2019 – Esiso




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Saturday, May 28, 2016

Who is Afraid of Femi Fani-Kayode?

By Jude Ndukwe
The current travails of Femi Fani-Kayode in the hands of the Economic and Financial Crimes Commission, EFCC, had long been expected. In fact, with developments leading to his arrest, Fani-Kayode thinks the EFCC came too late. This is because owing to the current administration’s a…Who is Afraid of Femi Fani-Kayode?




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Amnesty Boss Relocates to the Creeks

* Signs of Peace, Visible
‎The special adviser to the President on Niger Delta and Coordinator of the Niger Delta Presidential Amnesty Programme, Brigadier General P.T. Boroh (Rtd), from all indications has relocated to the creeks of the region. This might not be unconnected to the recent a…Amnesty Boss Relocates to the Creeks




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Osunbor joins Edo governorship race

Prof. Oserheimen Osunbor says he will contest as governor of Edo State on the platform of All Progressives Congress (APC).
Oserheimen Osunbor
Osunbor told newsmen in Abuja on Thursday that he was back in the race by popular demand of the Edo people.
It will be recalled that Osunbor was elected…Osunbor joins Edo governorship race




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Party chieftain reveals real reasons govs dumped Sheriff

Fresh facts emerged yesterday on why the Peoples Democratic Party (PDP) Governors had to dump Alhaji Ali Modu Sheriff as National Chairman at the May 21 convention ground in Port Harcourt.
Ali Modu Sheriff
A high ranking chieftain who gave an insight into why the governors fell out with Sheriff,…Party chieftain reveals real reasons govs dumped Sheriff




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Arms scandal: EFCC gets first petition against Jonathan

The Economic and Financial Crimes Commission (EFCC) yesterday formally received a petition asking the agency to probe ex-President Goodluck Jonathan on the alleged mismanagement of $2.1billion released to the Office of the National Security Adviser (ONSA) for arms purchase.
President…Arms scandal: EFCC gets first petition against Jonathan




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