News - AIT

CBN Pumps $100m Into Forex Market

1 year ago /
Business and Economy  

The Central Bank of Nigeria (CBN) has pumped an additional $100 million into the foreign exchange market, after releasing $280 million on Tuesday. The bank has offered additional $100 million to authorised dealers to meet the 7 to 15-day forwards requests of customers. Isaac Okorafor, the bank’s spokesperson said the authorised dealers...

Buhari’s Anti-Corruption War A Mere Noise – Lamido

1 year ago /
Nation 

A former governor of Jigawa State, Sule Lamido, has described the President Muhammadu Buhari’s anti-corruption war as a ‘noise.’ Lamido, a former minister of Foreign Affairs, while speaking with the BBC Hausa Service yesterday, claimed that President Buhari could not be passed as a saint because he was “equally corrupt when...

Lawal's suspension was unavoidable, he violated public trust – Sagay

1 year ago /
Politics 

Chairman of the Presidential Advisory Committee Against Corruption (PACAC), Prof Itse Sagay (SAN) on Wednesday said suspended Secretary to the Government of the Federation (SGF) Babachir David Lawal violated the Code of Conduct for public officials by awarding a contract to a company linked to him. “I think the suspensions are...

Chelsea and Tottenham Players Dominate PFA Team Of The Year

1 year ago /
Sports  

The Professional Football Association (PFA) has announced its Team of the Year with Chelsea and Tottenham Hotspur players occupying eight of the 11 spots. The team, voted for by players from all 92 clubs in the English Football League and eight from the Women's Super League, has a familiar feel to...

Nigeria needs reform to avoid future forex crisis – World Bank

1 year ago /
Business and Economy   Nation 

The World Bank, Wednesday, said Nigeria needs to reform its finance to avoid any future foreign exchange crisis. According to the World Bank Chief Economist for Africa, Albert Zeufack, exchange rate adjustments could lead to higher inflation. Reuters news agency quoted Mr. Zeufack as saying that making fiscal adjustments in the country’s...

Serena Williams Reveals She Is Pregnant

1 year ago /
Sports  

Serena Williams just shut down anyone who considers women "the weaker sex." A spokesperson for the tennis player has confirmed that she and fiancé Alexis Ohanian are expecting their first child. "I'm happy to confirm Serena is expecting a baby this fall," The news broke Wednesday after Williams offered up a side...

President Buhari Suspends NIA, SGF Chief

1 year ago /
Nation 

President Muhammadu Buhari has suspended the director-general of National Intelligence Agency, Ambassador  Ayo Oke and the Secretary to the Federal Government, Engineer Babachir David Lawal. Both men have been mired in some controversies. The President has ordered full scale investigations into their cases. Ayo Oke was linked recently with the shocking discovery of...

French Soldier Faces Prison Over Burkina Faso 'Child Sex Abuse'

1 year ago /
International News  Security 

Prosecutors in France have requested a sentence of six month in prison against a French soldier who has been on trial in Paris for child sex abuse in Burkina Faso.  The soldier initially denied the allegations before admitting inappropriate contact with two minors.  Prosecutors say 40-year-old Sebastien L, filmed himself touching two...

Trump Congratulates Erdogan For Referendum Win

1 year ago /
International News 

US President Donald Trump has become the first Western leader to congratulate Turkish President Recep Tayyip Erdogan for winning a controversial referendum that grants him far-reaching, largely unchecked powers. Trump called the Turkish leader on Monday shortly after international monitors delivered a harsh verdict on the referendum on constitutional changes. They...

Chelsea captain John Terry is Premier League's best-ever defender - Lampard

1 year ago /
Sports  

Frank Lampard has said his former Chelsea teammate John Terry is "the greatest defender in Premier League history."   On Monday, Chelsea announced that captain Terry, 36, will leave Stamford Bridge after 22 years at the end of the season.   The central defender is out of contract in the summer and has signalled...

EFCC Gets Warrant To Search Lagos Building Over Possibility Of More Hidden Cash

1 year ago /
Nation 

The Economic and Financial Crimes Commission (EFCC) has obtained a warrant from a court to search all the apartments in Osborne Towers, where the N13.3 billion was discovered. According to sources in the commission, the EFCC at the weekend wrote to all the occupants of the building notifying them that its...

Theresa May To Seek Snap Election For 8 June

1 year ago /
International News  Politics 

UK Prime Minister Theresa May has announced plans to call a snap general election on 8 June.

Recovered funds: Failure to find culprits mocks anti-graft campaign – Fayose

1 year ago /
Nation  Politics 

The Ekiti State Governor, Ayodele Fayose, has said the failure to trace the owners of recovered sums of money makes a mockery of the anti-corruption war by the Federal Government. In a statement issued on Monday by his Special Assistant on Public Communications and New Media, Lere Olayinka, Fayose accused the...

Tompolo, ‘notorious robber’, killed in gun duel with police

1 year ago /
Security 

The Delta police command on Monday said its operatives had killed a notorious suspected armed robber simply known as “Tompolo”.

Boko Haram Ambush: One Dead, Others Hospitalized In Yobe

1 year ago /
Nation 

One person has been reported dead while seven others are said to be receiving treatment after suspected members of the Boko Haram terrorists group ambushed a vigilante group in Yobe state, northeast Nigeria.Witnesses told reporters that the vigilante group were on their way to conduct a ‘search operation’ in Wulle...

No Owner Yet For The $43.45m Cash Seized From Ikoyi Apartment

1 year ago /
Nation 

Forty eight hours after, no one has come out to claim the $43.45m cash seized by the Economic and Financial Crimes Commission. All the three persons speculated as possible owners have all denounced the claims. Esther Nnamdi- Ogbue, the former managing director of NNPC retail business said the money was not hers. Senator...

Chimamanda Ngozi Adichie Elected To The Prestigious American Academy Of Arts And Sciences

1 year ago /
International News 

The celebrated award-winning Nigerian novelist Chimamanda Ngozi Adichie has been elected to the prestigious American Academy of Arts and Sciences - considered one of the highest honours for intellectuals in the US. She will be one of 228 new members to be inducted in October. Others named alongside her include mathematician Maryam Mirzakhani and...

Buhari Appeals To Nigerians Not To Lose Hope On Return Of The Remaining Chibok Girls

1 year ago /
Nation 

Here is some message of hope coming from Nigeria’s President, Muhammadu Buhari to the Bring Back Our Girls (BBOG) campaigners ahead of their third year anniversary. The president used the occasion to appeal to Nigerians not to lose hope on the return of the remaining schoolgirls. The President in a statement said...

Ogun Govt. Warns Applicants Into School Of Nursing Against Fraudsters

1 year ago /
Nation 

The Ogun State Government, has called on all candidates seeking admission into the state’s owned school of Nursing for the 2017/2018 academic session, to visit the State Ministry of Health, Department of Nursing Services, Room 104, New Secretariat, Oke-Mosan, Abeokuta for admission procedures. This is in effect is to save them...

Former PDP Chairman Mu’azu ‘Disowns’ Ikoyi House Where over $50 Million Was Found

1 year ago /
Nation 

Former Chairman of National People’s Democratic Party (PDP), Ahmadu Adamu Mu'azu has 'disowned' the house where Economic and Financial Crime Commission (EFCC) officers yesterday discovered more than $50 million hidden behind false walls in a swanky apartment tower in the upscale Ikoyi area of Lagos. Mr. Muazu who reached out to...