*Senate rejects Buhari’s $30bn loan request *CBN warns against patronage of ‘wonder banks’

*Senate rejects Buhari’s $30bn loan request *CBN warns against patronage of ‘wonder banks’


Senate rejects Buhari’s $30bn loan request

The Senate has rejected President Muhammadu Buhari’s external borrowing plan of $30bn for the execution of projects from 2016 to 2018.

The nays had it when the borrowing plan was put to a vote on the floor of the chamber during the plenary on Tuesday. Read more

CBN warns against patronage of ‘wonder banks’

The Central Bank of Nigeria on Monday warned Nigerians against patronising what it called ‘wonder banks’, stating that their activities were not regulated by it.

The Head, Consumer Protection Department, CBN, Hajiya Kadija Kassim, stated this during a mentoring programme for students of the Government Secondary School, Suleja, Niger State. Read more

CCB Act amendment in Nigeria’s interest – Ndume

Senate Leader, Alhaji Ali Ndume, said amendment of Code of Conduct Bureau Act had nothing to do with ongoing trial of the President of the Senate, Dr Bukola Saraki.

Reacting to the debate which the issue has generated among Nigerians, Ndume said in Maiduguri on Tuesday that the National Assembly had no particular interest in the bill. Read more

240 Boko Haram terrorists surrender to MNJTF

The Nigerian military said 240 members of the Boko Haram group surrendered on Monday, October 31 to the Nigerian Army after they came under intense fire from troops.

The Chief Military Public Information Officer, Muhammad Dole, in a statement said the terrorists surrendered  to the Multinational Joint Task Force. Read more

MDAs take over assets sales from BPE

The Federal Government has sidelined the Bureau of Public Enterprises in the process of giving out key assets and infrastructure in several critical sectors of the economy, including aviation, petroleum and railways to private operators as concessions.

Investigation by our correspondent showed that a number of Ministries, Departments and Agencies of the government had sought and obtained approval from President Muhammadu Buhari to handle the concession of assets in their domain rather than channel the process through the government’s privatisation agency. Read more

Ondo election: Deal with your problems, Lalong tells Mimiko

Governor Simon Lalong of Plateau on Monday enjoined Governor Olusegun Mimiko of Ondo to stop running to President Muhammadu Buhari for solution to his party’s internal problems, the Peoples Democratic Party.

Lalong said this while speaking to State House correspondents after he formally presented Chief Rotimi Akeredolu, the All Progressives Congress’s gubernatorial candidate in Ondo, to President Buhari.

According to him, Buhari is the President of Nigeria, and neither a PDP member nor INEC chairman. Read more

Amosun sacks NLC chair, 14 others, suspends 18 teachers

The Ogun State Governor, Ibikunle Amosun, has approved the dismissal of the state Chairman of the Nigeria Labour Congress,  Akeem Ambali, the  NLC vice-chairman and the state Chairman of the Nigeria Union of Teachers, Dare Ilekoya.

Also on the dismissal list were 14 others. Eighteen others, who are mostly teachers, were suspended. Read more

Ondo election: APC postpones Buhari’s visit

The All Progressives Congress in Ondo State has postponed the visit of President Muhammadu Buhari to the state to November 10.

The president’s visit was initially scheduled for November 3 for the commencement of the campaign of its governorship candidate, Mr. Rotimi Akeredolu (SAN). Read more

Hawker saves student from kidnappers

A hawker and concerned resident of Abuja, Mr. Daura Usman, on Tuesday saved a student of Government Secondary School, Tudun Wada, from being kidnapped by a motorist.

The incident took place along Ibrahim Babangida Way in Wuse Zone 4 as the young lady was going to school. Read more

South African companies won’t leave Nigeria – Envoy

Mr Darkey Africa, Consul-General of the South African High Commission in Nigeria, on Tuesday said that the current economic situation in Nigeria was not enough to compel South African companies to leave the country.

Africa told the News Agency of Nigeria in Lagos that instead of leaving, more investment should be expected in Nigeria from South African companies in the years ahead. Read more

Defiant Clinton camp doubles down on Trump, FBI

Initially caught off guard, Hillary Clinton’s campaign has swung between defiance, counter-attack and painting Donald Trump as a mortal danger since the FBI director revived her email scandal.

The decision, announced by James Comey in a letter to lawmakers last Friday, initially dumbfounded Clinton and her allies, throwing what was already America’s ugliest presidential election into spasms of shock. Read more

CNN analyst, Donna Brazile, gave Clinton campaign debate questions – reports

CNN said Monday it had parted ways with Democratic strategist Donna Brazile after hacked emails released by WikiLeaks showed that she shared questions with Hillary Clinton’s campaign ahead of events sponsored by the network.

Brazile, who has long worked as an analyst for the news channel, had been on leave since agreeing in July to serve as acting chairwoman of the Democratic National Committee. But the network announced she had resigned. Read more

Americans worn out by presidential election

The US presidential election is only a few days away, but for most Americans worn out by the vicious campaign, the vote can’t come soon enough.

“People are always somewhat stressed during elections but I’ve never seen it this extreme,” said Judi Bloom, a Los Angeles-area psychologist. Read more

How Clinton’s childhood affected her politics

The two-story brick house where Hillary Clinton grew up still stands at a street corner in the Chicago suburb of Park Ridge.

Nearby, a sign reads “Rodham Corner” — an acknowledgement of the place in history occupied by this small hamlet near the city’s O’Hare airport. Read more

Messi insists Aguero is one of the world´s best strikers, as Manchester City host Barca

Barcelona star Lionel Messi has backed Sergio Aguero, describing him as one of the world’s best strikers.

The Argentina team-mates will be on opposite sides at the Etihad Stadium today when Manchester City host Barca in the Champions League. Aguero was controversially named as a substitute for City’s 4-0 loss at Camp Nou in the reverse fixture earlier this month and has not been an automatic selection under Guardiola. Read more

Walcott trains alone, as Arsenal prepare for Ludogorets

Arsenal forward Theo Walcott was forced to train alone as the Gunners prepared to take on Ludogorets in the Champions League.

The 27-year-old missed Saturday’s 4-1 win against Sunderland after sustaining a hamstring injury.

The Englishman’s been in fine form at the start of the season, scoring eight goals in 12 appearances. Read more




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