Tag: News - Page 410 - African News Today

Breaking News: Naira Returns to 361 to a Dollar

22Feb

By admin1 Comment

Breaking News: Naira Returns to 361 to a Dollar

Google currency converter shows naira to dollar has now returned to 361 to a dollar. A few hours ago, Nigerians were shocked to see on Google currency converter that the exchange had dropped to 184 to a dollar and 240 to a pound. See Also: Breaking News: Dollar Exchanges $1 to N184 Though the official rate on CBN did not reflect any of these changes, there are speculations that some heavy transactions might have been done secretly by the government at 184 to a dollar to have triggered this. Following that argument, getting it back to the current rate will also require some heavy transactions. No official statement has however been made by the government on this brief anomaly.

Breaking News: Dollar Exchanges $1 to N184

22Feb

By admin6 Comments

Economy, News, Nigeria

Breaking News: Dollar Exchanges $1 to N184

In a shocking development, the exchange rate today dropped by half across board. Dollar to the Naira dropped from N360 to N184 while the Pound dropped from over N400 to N240. There is no clear indication of why this exchange rate is reflected on internation exchange rate calculators while the Central Bank website does not reflect these new exchange rate. This looks like a move meant to influence the on-going elections. It will be recalled that the Presidency had earlier lamented the amount of foreign currency in circulation in the country. With this drop in the exchange rate, the value of any foreign currency in circulation is automatically halved. We shall await further developments on this issue.

Nigeria: PDP Demands Immediate Release of Kwara Senator Ibrahim

22Feb

By admin1 Comment

News, Nigeria, Press Statement

Nigeria: PDP Demands Immediate Release of Kwara Senator Ibrahim

…Charges Members To Resist Intimidation The Peoples Democratic Party (PDP) demands the immediate and unconditional release of our Kwara South Senatorial candidate, Senator Rufai Ibrahim and other members of the party framed-up, arrested and detained by the Police in Kwara state. The PDP holds that the continued detention of Senator Ibrahim on the eve of a crucial election, in which he is a lead contender, is completely provocative. The party also cautions the police to stop harassing, arresting and detaining its members on flimsy charges, as such will directly pitch security agents against the people in a manner that might spark off violent resistance with regrettable consequences. This resort to police brutality by the APC is a script by a losing team which seeks to introduce vi...

Nigeria: President Buhari’s Address to Nigerians on the Eve of the Presidential Elections

22Feb

By adminNo Comments

News, Nigeria, Press Statement

Nigeria: President Buhari’s Address to Nigerians on the Eve of the Presidential Elections

For a president who has not been known to relish speaking to Nigerians, these last few days have witnessed more addresses than Nigerians ever thought possible. On this eve of the new date of the Presidential elections, President Buhari again addressed the nation. Below is the full text of his address. "Dear Nigerians, Finally, we have reached the eve of the rescheduled first round of this year’s general elections. 2. Tomorrow, the polls open. Tomorrow, we affirm that Nigeria stands as a democracy and that no worldly hand can deter us from this wise and fitting path we have chosen for ourselves. 3. While democracy is the most beneficial way to select a nation’s leaders, it is far from the easiest thing to achieve and maintain. 4. It requires a combination of pa...

Nigeria: DSS Summons Prof. Okechukwu Ibeanu and Other Top INEC Officials

19Feb

By adminNo Comments

News, Nigeria

Nigeria: DSS Summons Prof. Okechukwu Ibeanu and Other Top INEC Officials

The Department of State Service (DSS) has summoned the senior official who substantively heads the Independent National Electoral Commission’s operations and logistics, Okechukwu Ibeanu. See Also: Nigeria: Kaduna State Commissioner Calls Prof. Okechukwu Ibeanu of INEC a Biafra Apologist This is an indication the secret service may have moved to investigate the circumstances that led to the postponement of Nigeria’s elections earlier scheduled to hold last Saturday. Mr Ibeanu, a professor of political science, was asked to report at the SSS office by 2:00 p.m., multiple sources close to INEC told this paper. Apart from Mr Ibeanu, others asked to appear before the SSS include Chidi Nwafor, the Director of Information and Communication Technology (ICT), Ken Ukeagu; Osaze Uzzi, the...

Nigeria: Kaduna State Commissioner Calls Prof. Okechukwu Ibeanu of INEC a Biafra Apologist

19Feb

By adminNo Comments

Biafra, Justice, News, Nigeria

Nigeria: Kaduna State Commissioner Calls Prof. Okechukwu Ibeanu of INEC a Biafra Apologist

A commissioner commissioner of Women Affairs & Social Development in Kaduna State, Hafsat M Baba, has referred to Prof. Okechukwu Ibeanu as a Biafra-apologist. In a tweet that has sparked off outrage from Nigerians, she said "The unsung hero, in this very anticlimactic turn of events, is our dear Amina Zakari. She was bullied out of the logistics position in INEC and replaced by a male, Biafra-apologist Prof. Okechukwu Ibeanu. She has been vindicated, one of our very own Arewa Sheroes." In her tweet, she had been commenting on the agitation for the removal of Amina Zakari. Supporting her position, another Twitter user with the handle @TweetKhalifa said "It wasn't bigotry/sexism when they were fighting Amina Zakari tooth and nails. It is now, that @HafsatMohBaba decided to turn i...

Breaking News: Elections Postponed to 23rd February

16Feb

By adminNo Comments

Breaking News, News, Nigeria, Press Statement

Breaking News: Elections Postponed to 23rd February

After the initial denials by INEC, it has officially come out to announce the postponement of today's scheduled elections to the 23rd of February. See Also: Breaking News: Elections not Postponed – INEC While giving his reasons for the postponement, INEC Chairman, Prof. Mahmood Yakubu said "Following a careful review of the implementation of its logistics and operational plan and the determination to conduct free, fair and credible elections, the Commission came to the conclusion that proceeding with the elections as scheduled is no longer feasible, said Yakubu. “Consequently, the Commission has decided to reschedule the Presidential and National Assembly Elections to Saturday, 23rd February 2019. Furthermore, the Governorship, State House of Assembly and Federal Capital Territory...

Breaking News: Elections not Postponed – INEC

16Feb

By adminNo Comments

Breaking News, News, Nigeria

Breaking News: Elections not Postponed – INEC

Following a rumour that INEC might be thinking of postponing the Presidential and house of assembly elections, INEC has come out to refute the rumour. According to Mr. Festus Okoye, a National commissioner in charge of voter education, elections will hold as planned. he called on voters to ignore the rumour and come out for the elections. According to him, the meeting with stakeholders had nothing to do with a possible decision to postpone the elections. He said "Yes we are in a meeting but we have not taken such decision. We are in an election period, and as commissioners we have to meet every time”.

Breaking News: Nigerian Presidential Elections may be Postponed!

15Feb

By admin1 Comment

Breaking News, News, Nigeria

Breaking News: Nigerian Presidential Elections may be Postponed!

There are indications that the presidential and national assembly elections slated to hold tomorrow may be postponed. News reaching us has it that the Independent National Electoral Commission (INEC) is currently in a crucial meeting with stakeholders to determine the way forward. It is suspected that the reason for this may not be unconnected with the recent logistic issues INEC has suffered in various states. It will be recalled that some INEC offices had suffered fire incidences that destroyed critical electoral materials. Details of the outcome of the meeting will be made available as they emerge.

Nigeria: IPOB Calls Off Election Boycott, Preconditions and Terms Met

15Feb

By adminNo Comments

Biafra, Breaking News, News, Nigeria

Nigeria: IPOB Calls Off Election Boycott, Preconditions and Terms Met

In a surprising turn of events a day to the elections, it appears that IPOB has called off its decision to boycott the elections. In a tweet released on Nnamdi Kanu's Twitter handle, the leader of IPOB said the election boycott had been called off. According to him, their preconditions and terms had been met. "Having confirmed this evening that all our preconditions and terms have been met, signed, sealed and delivered; I hereby call-off the election boycott across Biafraland on Feb. 16, 2019. I dedicate this historic victory to the formidable #IPOB family worldwide." It is not clear at this time what these preconditions and terms are and who met them.