Politics

NSE market indicators drop further by 1.16%

The Nigerian Stock Exchange (NSE) market indicators on Tuesday dropped further by 1.16 per cent due to market volatility caused by profit taking. Market capitalisation shed N187 billion or 1.16 per cent to close at N15.902 trillion compared with N16.089 trillion on Monday. The All-Share Index lost 522.68 points or 1.16 per cent to close at 44,389.85 against 44,912.53 achieved on Monday. Mr. Ambrose Omordion, the Chief Operating Officer, InvestData Ltd., attributed the development to profit taking embarked by some investors ahead of 2017 earnings season. Omordion said that some investors were taking adavantage of 18 per cent growth posted by the market in the past three weeks. Mobil Oil recorded the highest loss, declining by N7 to close at N209 per share. Dangote Cemen...

Tillerson Says Russia Is Responsible for Syrian Chemical Use

Russia is ultimately responsible for chemical weapons use by the Syrian regime and should stop blocking United Nations resolutions seeking to investigate alleged violations of a 2013 accord to remove chemical weapons from Syria, U.S. Secretary of State Rex Tillerson said. Russia, at a minimum, should abstain during Security Council votes, Tillerson said Tuesday in Paris at the end of a 24-nation meeting aimed at creating a “partnership” to punish chemical weapon use. “The facts are known and documented,” French Foreign Minister Jean-Yves Le Drian said. “But we face obstruction by several countries.” In November, Russia vetoed the renewal of a UN body that had investigated chemical use in Syria. U.S. Ambassador to the UN Nikki Haley said in a statement Thursday that there are reports that B...

Hugh Masekela: South Africa’s ‘Father of Jazz’

Image copyright AFP Jazz legend Hugh Masekela first picked up a trumpet in the 1950s: a time when the colour of his skin meant he was no more than a second-class citizen in his own country, South Africa. Over the following decades, he would become known across the world for both his music and his role as an anti-apartheid activist. Indeed, songs like Soweto Blues would provide the soundtrack of the movement. By the time of his death at the age of 78 – almost 30 years after the fall of white minority rule – he was revered as South Africa’s Father of Jazz. Inspiration Ramapolo Hugh Masekela was born on 4 April 1939 in KwaGuqa township, 100km (60 miles) east of the capital, Pretoria, part of a musical household. “You know, everybody had a gramophone,” he recalled...

Morocco launches 2026 World Cup campaign and logo

Morocco is up against a joint bid from Canada, Mexico and the United States to host the World Cup Morocco launched its campaign to host the 2026 World Cup in Casablanca on Tuesday. Bidding for their fifth finals, the Moroccans are up against a joint bid from Canada, Mexico and the United States. “Morocco 2026 will showcase the best of football, at the heart of the world,” said bid chairman Moulay Hafid Elalamy. The decision on who will host the event will be made on 13 June, the eve of the 2018 World Cup in Moscow. “We promise to stage a tournament overflowing with real passion and to celebrate the values of unity and peace,” added Elalamy. “A World Cup in Morocco will deliver commercial success and leave a long-lasting legacy and if we win the honour of hosti...

The Gambia one year after Jammeh exit – What’s changed?

Former Gambian President Yahya Jammeh was accused by human rights groups of a violent crackdown against many of his own people during his 22 years in power. But after his departure, what is life like for a new generation of Gambians? BBC Minute asks three activists what they think has changed in the past year. Editor: Raïssa Ioussouf

Alleged N400m fraud: EFCC asks court to revoke Metuh’s bail, send him to prison

By Ikechukwu NnochiriABUJA – The Economic and Financial Crimes Commission, EFCC, on Tuesday, asked the Federal High Court in Abuja to revoke the bail it granted to former National Publicity Secretary of the Peoples Democratic Party, PDP, Chief Olisa Metuh. METUH The anti-graft agency, in an application that was made by its lead counsel, Mr. Sylvanus Tahir, urged the court to remand Metuh in prison custody pending the determination of the criminal charge against him. The application followed the absence of the embattled former PDP spokesman in court for two consecutive dates that his case was fixed for hearing. Metuh is answering to a seven-count criminal charge alongside his firm, Destra Investment Limited. EFCC is prosecuting him over allegation that he had before the...

Herdsmen: Attack, reprisal claim six lives in Adamawa

Six people were killed last weekend when cattle herders battled farmers in northeast Nigeria, a state government official said on Tuesday, in violence that has piled pressure on the government. Herdsmen The clashes happened on Sunday in the Numan district of Adamawa state, where militia from the ethnic Bachama farming community killed at least 30 Fulani herders last November. “Six people were killed and many others were injured in attacks on two villages, Kikan and Lauru,” Adamawa state information commissioner Ahmad Sajo told AFP. “A group of Fulani attacked Kikan, which is a Bachama village, killing three people, injuring many and carting away cattle.” He added: “Bachama youths in the area mobilised and launched a reprisal attack on nearby Lauru village.” But the att...

Hydro-power: Edo to dam Ikpoba, Ovia Rivers; partners UNDP

…to support bill on Maritime Security AgencyThe Edo State Government has disclosed that it is in talks with the United Nations Development Programme (UNDP) to harness the state’s water resources to generate electricity. Obaseki This was disclosed by the Governor of Edo State, Mr. Godwin Obaseki, when he received the Coordinator and Officers of the Maritime Security Agency (MSA) during the group’s courtesy visit to the governor at the Government House in Benin City, Edo State. Obaseki said the partnership talks with the UNDP on electricity generation is to strengthen the state government’s efforts to promote economic activities. He said, “We are currently working with the UNDP to develop a mini-hydro project from the water resources in the state, specifically from Ovia ...

Photos: Aare Ona-Kakanfo Gani Adams prostrates in church during service

Photos show the new Aare Ona-Kakanfo, Gani Adams, prostrate in the church during service. Aare Ona-Kakanfo, Gani Adams Aare Ona-Kakanfo, Gani Adams

APC begs Osun citizens not to take Saturday’s polls lightly

By Gbenga Olarinoye, Osogbo.The All Progressives Congress, APC, in Osun state has urged citizens of the state, especially its supporters to come out en masse on Saturday to vote for those who they would prefer to be in charge of their local governments “because it is a responsibility they should not take lightly”. From left, Candidate of All Progressive Congress (APC), for the Osun West Senatorial By-Election, Senator Mudashir Hussain; Governor Rauf Aregbesola; his deputy, Mrs Titi Laoye-Tomori and others, at the Mega Rally for the forthcoming Osun West Senatorial Bye-Election in the State, held in Ede on Wednesday 05-07-2017 According to the party, “participation in local government election is as important as any other election in the country, and for locals, it should perhaps be more im...

Cattle colonies, a time bomb waiting to explode – Biafra group

The Movement of Biafrans in Nigeria (MOBIN) has said that the federal government’s plan to have cattle colonies across the states in the country is a time bomb waiting to explode. MOBIN also accused the Federal Government of refusing to proscribe as terrorist group, the herdsmen killing and maiming lives in many parts of the country just like it rushed to proscribe the Indigenous People of Biafra, IPOB, group, saying while IPOB group was only agitating peacefully for a right course, the herdsmen are killing and raping people with impunity. Biafra  In a statement signed by its Director-General, Eberechukwu Anigbogu, MOBIN said the federal government’s delay or reluctance in proscribing herdsmen as terrorist group despite their terror acts in many parts of the country smacks of complicity. &...

Breaking: Nigeria has 350m illegal, light weapons – FG

By Omeiza Ajayi ABUJA – In what looks like a frightening statistic, the Federal Government has lamented the proliferation of light and small weapons in Nigeria, saying 70 percent of the 500 million of such weapons in West Africa, translating to 350 million are found in Nigeria. Weapons recovered from the militants in Rivers Minister of Interior, Gen. Abdulrahman Dambazau (retd) stated this Tuesday in Abuja at a high level meeting on proliferation of small arms and light weapons as well as drug abuse in Nigeria. The meeting is currently ongoing behind closed doors. Details Later….