Justice Okon Abang of the Federal High Court, Abuja, yesterday, on grounds of “good behaviour”, admitted Senator Ali Ndume to bail over his suretyship for former Chairman of the defunct Pension Reform Task Team, Mr. Abdulrasheed Maina. Maina, who is standing trial on a 12-count charge of alleged N2 billion money laundering, was assumed to have jumped bail following his failure to appear in court for his trial on four different adjournments. It would be recalled that Justice Abang had admitted Maina to bail in the sum of N500 million and a surety in like sum, who must be a serving Senator and must attend every court proceedings relating to the matter. Ndume had stood surety for Maina in his alleged money laundering trial and was consistent in attending Maina’s trial until sometime in Septem...
The Naira yesterday weakened to the lowest in over three years in the parallel market due to increased demand for dollars amid foreign-currency shortages. The local currency depreciated to N495 to a dollar yesterday, lowest since February 23, 2017, widening the gap with the official rate of N379.5 to over 30 per cent. The currency traded in the interbank market at 389.74 as of 4:54p.m. in Lagos. Agency reports quoted traders as alleging a groundswell of diversion of dollars, a development which heightened scarcity of the green back in the parallel market this week. There is a diversion of inflows away from official channels to the parallel market due to the gap in rates, Murega Mungai, trading desk manager for Aza Finance said in a note Thursday. The market spread has created arbitrage opp...
A pro-Buhari group, called The Zikist-Buharist-Movement (ZBM), has lauded Gov. Dave Umahi of Ebonyi for dumping PDP and strengthening the South-East-cum-North political alliance. The post Pro-Buhari group lauds Governor Umahi for dumping PDP appeared first on TODAY. You Deserve to Make Money Even When you are looking for Dates Online. So we reimagined what a dating should be. It begins with giving you back power. Get to meet Beautiful people, chat and make money in the process. Earn rewards by chatting, sharing photos, blogging and help give users back their fair share of Internet revenue.
The Peoples Democratic Party (PDP) has asked the governor of Central Bank of Nigeria (CBN), Godwin Emefiele, to resign, saying the economy is in shambles under his watch. The post PDP wants central bank chief to resign over fiscal policy appeared first on TODAY. You Deserve to Make Money Even When you are looking for Dates Online. So we reimagined what a dating should be. It begins with giving you back power. Get to meet Beautiful people, chat and make money in the process. Earn rewards by chatting, sharing photos, blogging and help give users back their fair share of Internet revenue.
The Coalition of North East Elders for Peace and Development, Monday asked President Muhammadu Buhari to sack his service chiefs, accusing the military of deploying massive strength during the #EndSARS protests in parts of the country, thereby leaving the zone at the mercy of Boko Haram, an Islamic State of West Africa Province (ISWAP) terrorists. According to the elders, scores of civilians were killed as a result of the strategic and operational blunders, which they argued, was avoidable, had greater tact been adopted. In a statement signed by the chairman, Engr. Zana Goni, the North East elders said pro-active intelligence would have revealed this lapse to the military high command, had the service chiefs not been lethargic in their responsibilities. Consequently, the elders, for the um...