Month: February 2018

Northern elders seek consensus presidential candidate

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Taking measures to produce a consensus presidential candidate for the 2019 elections, some elders of the north have also constituted some committees to find solutions to the challenges facing the region. A committee is to be set up to search and present a consensus candidate for the 2019 presidential election. The meeting was president over by leader of the Northern Elders Forum, Alhaji Tanko Yakassai, on Saturday in Abuja. The select elders discussed other strategies for reaching an accord and the adoption of the consensus candidate. According to Punch, others at…

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Tokyo, Hong Kong, Shanghai stocks down again

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Asian stocks, from Tokyo to Hong Kong and Shanghai took another battering on Friday as the global rout returned with a vengeance on intensifying fears about tighter US interest rates. The trading floor in Sydney was also not spared as investors piled into safe haven assets such as gold and the yen. The sell-off followed another battering for Wall Street, where the Dow suffered its second-heaviest daily points fall on record — the worst coming on Monday — after key US Treasury bond yields spiked fuelling the likelihood of higher…

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Governor Ikpeazu wins Vanguard 2017 Governor of the Year

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The Governor of Abia State, Dr. Okezie Ikpeazu, has been nominated as Vanguard Newspaper Governor of the Year 2017. Speaking while delivering the letter of nomination to the Governor at the Abia State Governor’s Lodge in Aba, a team of Vanguard editors, led by the Editor-in-Chief, Gbenga Adefaye, described Governor Ikpeazu as an “exceptional leader with futurists ideas”. Adefaye noted that the award was in recognition of the Governor’s novel contributions to good governance and purposeful leadership in Abia State. He said: “Since assumption of office, your Excellency has made…

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Facebook pledges $10m for community leaders

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Facebook said Friday that it will issue up to $10 million (8.2 million euros) in grants to help support and train community leaders around the world. The tech giant unveiled its new initiative at a London summit of more than 300 community leaders from across Europe. The Facebook Community Leadership Programme will offer residency, fellowship and training opportunities, as well as community leadership circles and specialised assistance on the social networking platform. “Facebook will commit tens of millions of dollars to the programme, including up to $10 million in grants…

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Muslim singer forced to quit French show over terror posts

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A French Muslim singer who became an overnight star after dazzling judges on a TV talent show quit the contest Friday after coming under fire for past Facebook comments about terror attacks. Mennel Ibtissem, a 22-year-old student who wears a head wrap, was one of the top contestants on The Voice, where her English and Arabic version of Leonard Cohen’s Hallelujah caused a sensation. But within days of Saturday’s performance she was under pressure to bow out over old Facebook messages that appeared to question the terrorist nature of attacks…

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Van Dijk accepts spotlight on Saints return

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Virgil Van Dijk insists criticism of his start to life as the world’s most expensive defender will not affect his preparations for a frosty reception on his return to Southampton with Liverpool on Sunday. The Dutch international moved to Anfield for £75 million (85m euros, $104m) in January, but has been on the winning side in just one of his four outings for Liverpool since. Van Dijk got off to a dream start as he scored the winner to edge a Merseyside derby against Everton on debut. However, hopes he…

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Donald Trump blocks release of Democratic memo on Russia probe

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President Donald Trump is refusing to declassify a high-profile memo written by Democratic lawmakers about the Russia probe. In a letter to the chair of the House Intelligence Committee Friday, White House counsel Don McGahn says the memo “contains numerous properly classified and especially sensitive passages.” The Democrats’ memo aimed to counter a Republican-drafted one the president declassified and released. However, portions of the memo “would create especially significant concerns for the national security and law enforcement interests,” McGahn wrote. FBI chief Christopher Wray and Deputy Attorney General Rod Rosenstein…

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House of Reps cautions federal govt against selling National Theatre

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The Members of the House of Representatives Committee on Tourism and Culture yesterday cautioned the Federal Government not to sell the National Theatre situated in Iganmu, Lagos state. The chairman of the House committee on Culture and Tourism, Hon Omoregie Ogbeide-Ihama, made this known during an interactive session between his committee and the Minister of Information and Culture, Alhaji Lai Mohammed, at the National Assembly complex Abuja. The Edo lawmaker insisted that the position was in the best interest of Nigerians and promised to wade into the crises between the…

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No agreement to establish cattle colonies in Edo – Governor Obaseki

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The Special Adviser to Governor Godwin Obaseki on Media and Communication Strategy, Mr Crusoe Osagie, has declared as frivolous, comments by the Edo State Peoples Democratic Party (PDP) on the strategic steps the Edo State government has taken in bringing the clashes between cattle herders and farmers to an end, in the state. Osagie cautioned the opposition party not to trivialise a sensitive subject matter that requires a great deal of expertise to comprehend, a requirement he said, the PDP lacks and urged the party to know where to draw…

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Forex: Central bank intervenes in Retail SMIS with $325.64m

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The Central Bank of Nigeria has again intervened in the Retail Secondary Market Intervention Sales to the tune of $325.64 million. Figures obtained from the Bank on Friday indicate that the amount released was for requests in the agricultural, airlines, petroleum products and raw materials and machinery sectors. The figures were confirmed by the Bank’s Acting Director in charge of Corporate Communications, Isaac Okorafor, who noted that the continued intervention were in line with the assurances made by the Governor, Godwin Emefiele, to sustain market liquidity in order to boost…

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