April 27, 2018

*CBN denies allocating forex directly with customers *IYC to Shell: Relocate HQ to Lagos, vacate oilfields in N-Delta

*CBN denies allocating forex directly with customers  *IYC to Shell: Relocate HQ to Lagos, vacate oilfields in N-Delta



CBN denies allocating forex directly with customers

The Central Bank of Nigeria, CBN, said on Sunday that contrary to speculations, it was not dealing directly with deposit money bank customers who seek foreign exchange allocations for their businesses.

The bank said it was not be involved in any activity capable of discrediting the FOREX market. Read more

IYC to Shell: Relocate HQ to Lagos, vacate oilfields in N-Delta

Ijaw youths yesterday warned that Anglo-Dutch oil giant, Shell Petroleum Development Company SPDC,  should be ready to move out from its multi-billion dollars EA and Bonga offshore oilfields in the Niger Delta if the company insisted on moving its corporate headquarters from Port Harcourt to Lagos in the South West. Read more

IGBO PRESIDENT | Wait till 2023, as APC calls to Igbos to support Buhari for 2019

Former President Olusegun Obasan­jo’s recent call for the South East geopolit­ical zone to produce the next President of Nigeria in 2019, has been rejected by the Enugu State chapter of the ruling All Progressives Congress (APC).

The party, which con­demned the proposal by Obasanjo, asked the South East to wait for its turn to take a shot at the nation’s foremost office till 2023. It said that the proposal by the ex-Nigerian leader was against the existing power sharing formula in which the Presidency of the country is  being rotated between the North and South every eight years. Read more

Twenty mining companies sanctioned

The Ministry of Mines and Steel Development has sanctioned no fewer than 20 mining companies in 2016 over non-compliance with Nigeria’s laws and regulations.

Mr Salim Salaam, Director, Mines Environmental Compliance Department told the News Agency of Nigeria (NAN) in Abuja on Monday. Read more

One Million Sign Petition To Stop Trump From Visiting UK

A petition to stop US President Donald Trump’s UK state visit has gathered more than a million signatures. Numbers of signatories have been rising rapidly since a US clampdown on immigration came into effect over the weekend, causing anger worldwide. PM Theresa May announced the visit during her recent US trip. Downing Street has rejected calls for it to be cancelled as a “populist gesture”.  Read more

‘Govt Owing Doctors Promotion Arrears Since 2014’

The Chief Medical Director (CMD) of University of Calabar Teaching Hospital (UCTH) and chairman committee of CMDs in Nigeria, Prof Thomas Agan has disclosed that federal government has not paid doctors their promotion arrears since 2014.

Speaking with Daily Trust, he said that government was only able to pay minute part of the arrears in 2013. “The federal government has not been paying promotion arrears in Teaching Hospitals in Nigeria since 2013. Read more

Why we won’t say whether Atiku is barred, wanted in America — U.S. Govt.

The United States government has said it would require the legal consent of former Vice President Atiku Abubakar before releasing information about his immigration status in the country.

The U.S. government was responding to a PREMIUM TIMES enquiry on whether Mr. Abubakar was wanted in, or barred from entering, the U.S. Read more

The week ahead: What to watch during President Trump’s second week in office

It’s been an eventful 10 days in office for President Donald Trump — and the pace isn’t expected to slow this week.

In his first week in office, Mr. Trump has begun implementing several of his key campaign promises, largely through executive actions: he’s directed federal agencies to ease the financial burden of Obamacare, authorized the construction of a U.S.-Mexico border wall and temporarily suspended all travel to the U.S. from seven Muslim-majority countries. Read more

Tepco says not clear if material found under Fukushima reactor is melted fuel

Tokyo Electric Power (Tepco), operator of Japan’s wrecked Fukushima nuclear plant, said on Monday it is not clear if material found below the damaged No. 2 reactor at the site is melted nuclear fuel.

The utility inserted a camera under the reactor vessel and images from the probe showed black material coating a grating. Read more

U.S. travel ban heralds “turbulent times” for Africa – AU chief

The head of the 54-member African Union said on Monday that a U.S. travel ban on seven Muslim-majority countries including three in Africa heralded “turbulent times” for the continent.

AU commission chief Nkosazana Dlamini-Zuma made the remarks in a speech to open an AU summit, after U.S. President Donald Trump’s executive order halted travel by people with passports from Libya, Somalia, Sudan and four other Middle East nations for 90 days, and stopped refugee resettlement for 120 days. Read more

Bishop punched in face during Mass

An auxiliary bishop has been assaulted during a Mass in New Jersey.

Saturday’s service at Newark’s Cathedral Basilica of the Sacred Heart was to commemorate the life of baseball star Roberto Clemente.

During the mass Charles Miller, 48, got up from his pew and walked up to the altar where Fr Manuel Cruz was delivering the service. According to NJ.com, Miller then allegedly punched the auxiliary bishop in the mouth. The force caused Fr Cruz, 63, to fall backwards into the altar. Read more

Sky Sports pundit talks Man United deal that could go through before deadline

The Manchester United winger, 31, is the subject of interest from Chinese Super League clubs.

Jose Mourinho says he’d hold no grudges if Young left and Cottee thinks it could be the right time to go.

While it’s deadline day for Premier League clubs tomorrow, Chinese sides can buy players up until February 28. Read more

Man United manager Jose Mourinho confirms China offer

Jose Mourinho was out of work for six months last year between his sacking at Chelsea and appointment at Manchester United.

The Portuguese boss, who has won the Champions League twice, has steered United into the EFL Cup final in his first season in charge of the Red Devils. Read more

Sunderland eye late Ulloa swoop, Leicester don’t want to sell

underland are eyeing an last-gasp swoop for Leicester City ace Leonardo Ulloa before tomorrow evening’s transfer deadline, The Evening Chronicle reports.

What’s the word?

After failing with a move for the 31-year-old forward on Deadline Day last summer, David Moyes’ Sunderland are reviving their interest in the Argentine striker once again as they look to bolster their squad for the relegation fight. Read more






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