Archive for the Category ‘HEADLINES’

SEC to prosecute 260 over NSE crisis

SEC to prosecute 260 over NSE crisis

From Azimazi Momoh Jimoh
•  AP alleges smear campaign against Otedola
ARRANGEMENTS have been concluded by the Securities and Exchange Commission (SEC) to prosecute 260 persons suspected to be guilty of various offences including insider dealings within the troubled Nigerian Stock Exchange (NSE).
SEC’s Director-General, Arunma Oteh, at a meeting with the House of [...]

PDP caucus: Zoning stays

PDP caucus: Zoning stays

By: Habeeb Pindiga & Muideen Olaniyi
The National Caucus of the PDP rose from a meeting early morning yesterday rejecting moves to initiate a process for the removal of provisions on zoning and rotation from the party’s constitution.
But the caucus agreed that President Goodluck Jonathan was free to stand for elections in 2011.At [...]

North must produce next president –Arewa insists

North must produce next president –Arewa insists

By: Hassan Ibrahim, Uchechukwu Olisah, Jackson Udom and Leon Usigbe
•  South-South stakeholders woo North over Jonathan
•  Abrogating aspirants’ rights can cause problem – Marwa
THE Arewa Consultative Forum (ACF), on Tuesday, resolved that all political parties should endeavour to field northern candidates for the 2011 presidential election.
ACF said this in a communiqué issued  [...]

Nnamani, Nwobodo, Ezeife, others gang up against Jonathan

Nnamani, Nwobodo, Ezeife, others gang up against Jonathan

By:  Johnchuks Onuanyim  & Godwin Isenyo
• ACF insists on 2011
FRONTLINE politicians from the North and South-East yesterday took a stand in support of the controversial presidential zoning arrangement in the Peoples Democratic Party (PDP).
The decision that presidential power must be retained in the North until 2015 was reached after four hours of [...]

Yar’Adua buried in Katsina

Yar’Adua buried in Katsina

Ceremonies for the burial of Nigeria’s late president, Umaru Yar’ Adua is still on-going in his hometown of Katsina, Northwestern Nigeria with thousands of mourners, and local and international dignitaries in attendance.
The event has witnessed evocative readings from the Holy Koran and praises for the departed leader who died on Wednesday. [...]

The president is dead

The president is dead

Written by Mahmud Jega:
President Umaru Musa Yar’adua’s long battle with chronic kidney and heart disease ended last night when he died inside the Presidential Villa in Abuja. He will be buried at his family home in Katsina at 1 o’clock this afternoon. Very few details were available last night, but Daily Trust learnt that Yar’adua’s [...]

Yar’Adua is dead • Burial today in Katsina 2 p.m.

Yar’Adua is dead • Burial today in Katsina 2 p.m.

• Jonathan to be sworn in 8 a.m.
• FG declares 7 days mourning, public holiday today
NIGERIA’S President, Alhaji Umaru Musa Yar’Adua is dead. He had been sick of terminal diseases including kidney failure, brain damage/haemorrhage, and acute pericarditis.
Spokesman for the late president, Mr. Segun Adeniyi confirmed that Yar’Adua passed on in Abuja  at about 9 [...]

Yar’Adua is Dead

Yar’Adua is Dead

By Aliyu Adekunle:
• Burial today in Katsina at 2pm
After battling ill-health for about six months, President Umaru Musa Yar’Adua died last night at the Aso Rock Presidential Villa, Abuja.
His remains will be flown to his hometown, Katsina, Katsina State early this morning for burial at 2pm.
The 58-year-old Yar’Adua had been battling acute pericaditis, an inflammation [...]

U.S. to aid Nigeria’s nuclear project

U.S. to aid Nigeria’s nuclear project

By Peter Babs Imade:
• Acting President seeks World Bank assistance for power sector
THE United States (U.S.) is to help Nigeria develop nuclear technology for peaceful uses, it was learnt yesterday.
The promise was made by the U.S. Vice President, Joseph Biden, when Acting President Goodluck Jonathan met him over lunch in Washington DC late Monday night [...]

N44b Scam: EFCC Declares Ibori Wanted

N44b Scam: EFCC Declares Ibori Wanted

Written by Bidon Mibzar:
The Economic and Financial Crimes Commission (EFCC) yesterday declared former Delta State governor, Mr. James Onanefe Ibori, wanted over an ongoing investigation into allegations of official corruption and money laundering to the tune of N44 billion.
In a statement signed by the EFCC’s Head, Media and Publicity, Mr. Femi Babafemi, the agency said, [...]

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