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Thursday, 23 August 2018 05:41

With White House stung by Cohen accusation, Trump fires back

President Donald Trump accused his former lawyer Michael Cohen of lying under pressure of prosecution Wednesday as his White House grappled with allegations that the president had orchestrated a campaign cover-up to buy the silence of two women who claimed he had affairs with them.Confronting mounting legal and political threats, Trump took to Twitter to accuse Cohen of making up “stories in order to get a ‘deal’” from federal prosecutors. Cohen pleaded guilty Tuesday to eight charges, including campaign finance violations that he said he carried out in coordination with Trump. Behind closed doors, Trump expressed worry and frustration that…

Thursday, 23 August 2018 05:39

US, China impose further tariffs, escalating trade war

The United States and China escalated their acrimonious trade war on Thursday, implementing punitive 25 percent tariffs on $16 billion worth of the other’s goods.The latest round brings to $50 billion the value of imports subjected to tariffs on either side since early July, and more are in the pipeline, adding to risks for global economic growth.Washington is holding hearings this week on a proposed list of an additional $200 billion worth of Chinese imports to face duties.U.S. Customs and Border Protection had confirmed on its website that at 12:01 a.m. EDT (0401 GMT) on Thursday, which is just past…

Thursday, 23 August 2018 05:37

Images indicate North Korea halted dismantling of launch site

Satellite photos from last week indicate North Korea halted work to dismantle a missile engine test site in the first part of August, in spite of a promise to U.S. President Donald Trump at a June summit, a Washington think tank reported on Wednesday.The 38 North project said commercial satellite imagery of the Sohae Satellite Launching Station taken on Aug. 16 indicated “no significant dismantlement activity” at either the site’s engine test stand or launch pad since Aug. 3.U.S. Secretary of State Mike Pompeo said last month that reports that North Korea had started dismantling facilities at Sohae were consistent…

Wednesday, 22 August 2018 06:08

Buhari fit to contest in 2019 - Presidency

President Muhammadu Buhari has shown his fitness to seek reelection in 2019 by walking 800 metres back home from the Eid ground, the Presidency said yesterday.After the two-rakat Eid–el-Kabir prayer, President Buhari shunned protocol and walked the 800-metre distance back to his Daura country home in Katsina State, amidst chants of ‘Sai Baba’ by well- wishers. He acknowledged cheers from people who line the road to catch a glimpse of him.The President joined thousands of Muslim faithful to observe the prayer. The President arrived at the at Kofar Arewa Eid Ground in Daura with some of his relatives and aides…

Wednesday, 22 August 2018 06:04

Resign now or we’ll force you out, Miyetti Allah warns Saraki

The Miyetti Allah Cattle Breeders Association on Tuesday warned the President of Senate, Bukola Saraki, to resign his position immediately or be forced to do so.The national coordinator of the association in Benue State, Garus Gololo, gave the warning in an interview with our correspondent in Makurdi.Gololo said Saraki had created numerous problems for the administration of President Muhammad Buhari, which he said had affected the economic and social growth of the nation.“It is on this note that we are saying that Saraki ought not to be in office again as Senate President, more so, Saraki has failed to coordinate…

Wednesday, 22 August 2018 06:02

ICAN challenges CBN over multiple exchange rates

The Institute of Chartered Accountants of Nigeria (ICAN) has squared up to the Central Bank of Nigeria (CBN) over its continuous adoption of multiple exchange rates.The foremost accounting professional body in the country said the apex bank’s official rates regime would lead to abuse and create uncertainties in the minds of foreign investors.ICAN President, Razak Jaiyeola, disclosed this in an interview in Lagos.Jaiyeola, who is ICAN’s 54th president, also said the wide gap between CBN’s N305 rate and other rates of N360 would create undue arbitrage, cause transparency issues and affect forex supply, especially in the case of transfers and…

Wednesday, 22 August 2018 05:58

CVR: INEC records more men than women

More men have registered in the ongoing Independent National Electoral Commission’s (INEC’s) Continuous Voter Registration (CVR) exercise, it was learnt yesterday.According to INEC’s update, of the over 12 million newly-registered voters, 6,856.558 million are men, while 5,832,234 are women.There are over seven million Permanent Voter Cards (PVCs) awaiting collection.Besides, INEC’s update showed that 998,993 applied for replacement of voter cards, while 640,796 requested for transfer of vote.The exercise, which was to be suspended on August 17, has been extended to the last day of this month.INEC argued that the exercise, which had been on for the past 16 months, was…

Wednesday, 22 August 2018 05:55

Ajimobi attributes success of his administration to godliness, sincerity of purpose

Funmi Olaitan, IbadanGovernor Abiola Ajimobi of Oyo State, on Tuesday, attributed the unprecedented milestones of his more than seven-year administration to godliness, sincerity of purpose, fearlessness and blessings from God.He said this while speaking with journalists shortly after observing the Eid al-Adha prayers at the Eid Prayer Ground, Agodi, Ibadan,. The prayer was led by the Chief Imam of Ibadanland, AbdulGaniy Abubakri; and was attended by Aare Musulumi of Yoruba land, Edo and Delta States, Daud Akinola; Seriki Musulumi of Yoruba land, Yekini Adeojo; former Senate Leader, Teslim Folarin; and Chairman, Muslim Community of Oyo State, Kunle Sanni.The governor said…

Wednesday, 22 August 2018 05:52

Oyo NURTW boss, Fele, is dead

The Oyo State Chairman of the National Union of Road and Transport Workers, Taofeek Ayorinde, a.k.a., Fele is dead.Multiple sources in Ibadan, the Oyo state capital, confirmed his death Tuesday evening.Details of the death still remain sketchy as at press time Tuesday evening.But the Oyo State government, in a statement by the Special Adviser to Governor Abiola Ajimobi on Communication and Strategy, Bolaji Tunji, said it received the news with heavy heart and utter disbelief.Describing the death of the NURTW boss as a huge loss to the family the state and the Southwest, Mr Ajimobi said that he was particularly…

Wednesday, 22 August 2018 05:50

Nigerians are facing hardship - Ladoja

Funmi Olaitan, IbadanFormer governor of Oyo State and chieftain of the African Democratic Congress (ADC), Rasheed Ladoja, has said Nigerians are facing hardship because of the nation's economic conditions, lamenting that those in government have refused to accept this truth.Ladoja while speaking with journalists after observing the Eid-el-kabir prayer in Ibadan, said the failure to accept that there is a problem is the main reason why the government cannot search for solutions to it, stating that the salary earners in Nigeria are suffering the most under the present government.The Osi-Olubadan of Ibadanland who noted that the civil servants who started…

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Wednesday, 22 August 2018 05:42

Back-to-back legal blows jolt Trump presidency

President Donald Trump confronted one of the most perilous moments of his presidency Tuesday after two onetime members of his inner circle simultaneously were labeled “guilty” of criminal charges. Although Trump largely ignored the jarring back-to-back blows at a campaign rally in West Virginia, questions mounted about his possible legal exposure and political future.In a split screen for the history books, Trump’s former campaign chairman Paul Manafort was convicted of financial crimes at nearly the same moment Trump’s former personal attorney Michael Cohen pleaded guilty to a series of felonies, including campaign finance violations that the lawyer said he carried…

Wednesday, 22 August 2018 05:35

Venezuela 'paralysed' by launch of sovereign bolivar currency

Venezuela came to a standstill on Tuesday as the country tried to deal with its newly introduced currency.Thousands of businesses closed in order to adapt to the "sovereign bolivar", and many workers stayed at home.President Nicolás Maduro launched the new banknotes on Monday, revaluing and renaming the old bolivar currency.The government says this will tackle runaway inflation, but critics say it could make the crisis worse. The notes went into circulation on Tuesday.President Maduro had declared Monday to be a bank holiday.Analysis: Confusion reigns in the oil-rich nationMuch of Caracas is eerily empty for a working day. Some in the…

Wednesday, 22 August 2018 05:34

US deports 95-year-old ex-Nazi guard to Germany

A 95-year-old former Nazi concentration camp guard who lived quietly in New York City for decades was carried out of his home on a stretcher by federal agents and flown to Germany early Tuesday in what could prove to be the last U.S. deportation of a World War II-era war-crimes suspect.Jakiw Palij’s expulsion, at President Donald Trump’s urging, came 25 years after investigators first accused Palij of lying about his wartime past to get into the U.S. But it was largely symbolic because officials in Germany have repeatedly said there is insufficient evidence to prosecute him.Trump “made it very clear”…

Wednesday, 22 August 2018 05:29

Facebook and Twitter remove accounts linked to Russia and Iran campaigns

Facebook and Twitter say they have suspended or removed accounts linked to Iran and Russia over "inauthentic" or "manipulating" behaviour.More than 650 Facebook pages and groups were said to have been identified as "misleading", according to founder and chief executive Mark Zuckerberg.Meanwhile Twitter said it suspended 284 accounts with apparent links to Iran.It comes a day after Microsoft said it had thwarted Russian cyber-attacks against US conservative groups.On Tuesday, Facebook said it had discovered multiple accounts that displayed "inauthentic behaviour" linked to campaigns that originated in Iran and Russia following investigations that spanned "many months"."We ban this kind of behaviour…

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