Posts

Showing posts with the label 2017 at 05:16AM

Obasanjo, Babangida, Abubakar meet over Buhari’s health

Image
http://ift.tt/2p8urc7 President Mohammadu Buhari/ AFP PHOTO / Sunday AGHAEZE • Arewa leaders seek prayers, caution against speculation • Adegboruwa wants Senate to declare president’s office vacant Former Nigerian leaders, Generals Olusegun Obasanjo, Ibrahim Babangida and Abdulsalami Abubakar, yesterday met over the state of health of President Muhammadu Buhari. The leaders, in a closed-door meeting at the Minna hilltop residence of Babangida, were said to have considered all constitutional options available for the country in the face of the inability of President Buhari “to effectively function” as president. According to a source privy to the meeting, the trio agreed to “continue to closely watch the situation and “will speak out” at the appropriate time. The Guardian gathered that Obasanjo arrived in Minna on Monday precisely at 3:00 p.m. and was received by Governor Abubakar Sani Bello who drove him to the residence of Babangida. The source said Abubakar was already...

Camping Super Eagles in France not a waste of fund, says Erico

Image
http://ift.tt/2p6P98W There are suggestions that the Eagles’ handler, Coach Gernot Rohr, should have camped the team in any of the neighbouring country since the team will be playing against a fellow Africa team. • As NFF rules out imposition of players Former Super Eagles goalkeeper trainer, Joe Erico, has said that the camping of Super Eagles in France ahead of the Africa Cup of Nations (AFCON) qualifier against the Bafana Bafana of South Africa is not a waste of public fund. The Eagles will face the South African in in Uyo, Akwa Ibom State. There are suggestions that the Eagles’ handler, Coach Gernot Rohr, should have camped the team in any of the neighbouring country since the team will be playing against a fellow Africa team. But Erico insists that Rohr’s decision was to assist the players get to camp early enough without traveling difficulties. He stated that the AFCON game against South Africa needed to be taken seriously to avoid any form of compl...

CBN bans 11 banks from SMEs forex window

Image
http://ift.tt/2pvO1vd Acting Director of Corporate Communications, CBN, Isaac Okorafor said banks that refused to sell forex to the SME operators after accessing over $300 million offered to the SMEs wholesale forex window since its creation last month would be sanctioned accordingly. The Central Bank of Nigeria (CBN) has banned no fewer than 11 banks from trading in the newly established Small and Medium Enterprises (SMEs) Foreign Exchange Window for making it difficult for customers to access foreign exchange. This comes on the heels of persistent complaints by customers that some banks have deliberately frustrated their efforts, particularly the SMEs. Before now, CBN had warned banks about the complaints but asked customers to provide evidence of their claims. Consequently, the apex bank yesterday retained only eight banks in the SME wholesale Forex window and banned the others. Sources at the CBN said the apex bank took the decision to bar the erring banks based on field rep...