UGANDA: One feared dead as protests persist over Museveni’s plan to extend rule

Protests have erupted in the streets of Uganda and the capital Kampala in particular with the death of a victim confirmed as police fired bullets and teargas to disperse opposition demonstrators marching against plans by President Yoweri Museveni to extend his rule. A bill to let the 73-year-old president stand again in 2021 elections has…

How Mrs Jonathan blocked EFCC’s ‘secret’ moves to seize her Abuja properties

Nigeria’s former First Lady, Patience Jonathan, acted swiftly on Thursday to momentarily block a move by the Economic and Financial Crimes Commission (EFCC) to seize two of her properties located in Abuja. The EFCC had approached the Federal High Court in Abuja to seek for an order of interim forfeiture of the two properties traced…

After deadline expiration, Spain moves to suspend Catalonia’s autonomy

Hours after the expiration of a deadline handed to Catalonia leader Carles Puigdemont to drop a secession bid, authorities in Spain will enact Article 155 of the Constitution which allows Madrid to suspend Catalonia’s autonomy. That much information was revealed in a statement issued by the Spanish prime minister’s office which also noted that the…

NSE LIVE! Equities in tight trades as investors take a breather

It was almost a tit-for-tat at the Nigerian stock market on Thursday as investors appeared to pause momentarily to determine the next major directional change. With 19 advancers to 20 decliners, the momentum of activities also declined below average. Benchmark indices at the Nigerian Stock Exchange (NSE) indicated average day-on-day gain of 0.01 per cent,…

With majority awaiting trial, number of Lagos inmates almost double prison capacity, NBS reveals

With an inmate population of 7,396 against existing prison capacity of 3,927, Lagos State has an alarming case of prison overcrowding. These figures were part of data released by the National Bureau of Statistics (NBS). Also, the NBS report revealed Lagos had the highest number of inmates in the country, taking the lion share of…

Sexual violence in IDP camps on the arise, as 30 girls raped in Yobe in Sept alone

The Presidential Committee on the North-East Initiative (PCIN) has raised alarm over the rising cases of sexual violence against displaced persons in camps across the North-East, stating that 30 girls were raped at the Yobe camp for the internally displaced in September 2017 alone. It added that the attacks on women and girls had worsened…

Jonathan mocks Fashola, says APC ‘deployed propaganda & lies at a professional level’

Former president Goodluck Jonathan has mocked the Minister of Power, Works and Housing, Babatunde Fashola over his famous pre-election boast that any serious government would not take more than six months to fix the power sector, citing it as an example of the APC’s “propaganda” bent and outright “lies” while searching for power. Speaking in…

Oando’s woes compounded as Johannesburg Stock Exchange replicates NSE’s suspension

Following Oando Plc’s suspension from the Nigerian Stock Exchange (NSE), the Johannesburg Stock Exchange (JSE) has also suspended trading in shares belonging to Oando Plc. According to a statement issued by JSE’s Sens service on Thursday, Oando’s listing was suspended following review of correspondence received on October 18 from the NSE and the Securities and…

NEC names El-Rufai chair of new govs committee for renewed industrialization push

The Federal Government and state governments Thursday agreed to create a harmonized platform that will lead the renewed drive towards the industrialization of Nigeria. To this end, the National Economic Council (NEC) chaired by Vice President Yemi Osinbajo, formed a “Governors’ Committee” comprising of six representative governors from the geo-political zones to work with the…

Alleged N2.1BN FRAUD: How Dokpesi spent millions on security doors, generators – Witnesses

Two witnesses on Thursday narrated before the Federal High Court, Abuja how the founder of Daar Communications, Chief Raymond Dokpesi, through his Daar Investment and Holdings Limited, spent millions of Naira on generators, a transformer and security doors. The two witnesses, Peter Imoekor and Fabian Ozoemina were brought by the Economic and Financial Crimes Commission…