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CBN sells $10,000 to BDC at N1,251/$1

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The Central Bank of Nigeria has issued a circular to Bureau De Change operators informing them of the sale of $10,000 to each BDC at a rate of N1,251/$1.

This was contained in a circular made available to According Online and signed by the bank’s Director, Trade and Exchange Department, Dr Hassan Mahmud, on Monday.

The apex bank directed each BDC to sell the dollars to eligible customers at a rate not exceeding 1.5 per cent above the purchase price, implying that each BDC is not expected to sell above N1,269/$1.

The According reported that the CBN announced its decision to sell foreign exchange worth $20,000 to each eligible Bureau De Change operator across the country in February.

This is coming more than two years after the former CBN Governor, Godwin Emefiele, stopped the sales of foreign exchange to BDC operators in that segment of the forex market.

The document read, “We refer to our letter to you referenced TED/DIR/CON/GOM/001/071 in respect of the above subject wherein the CB approved a second tranche of sale of FX to eligible BDCs.

“We write to inform you of the sale of $10,000 to each BDC at the rate of N1,251/$1. The BDCs are to sell to eligible end users at a spread of not mora than 1.5 per cent above the purchase price.”

This confirms a resumption of the sale of dollars to BDC operators after a protracted period of ban by the central bank in 2021.

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Lady rescued as fire guts Lagos supermarket

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There was traffic congestion in Apple Junction when fire gut Globus supermarket along the Festac link bridge in the Amuwo Odofin Local Government area of Lagos state on Monday.

A statement on Monday by the Director, Lagos State Fire and Rescue Service, Margaret Adeseye, noted that fire fighters were dispatched around 12:30pm, in which during the operation, an adult female who was trapped in the building was rescued.

The statement partly read, “At approximately 12:22 hours local time, the Isolo, Ajegunle, and Bolade Fire Stations were dispatched to Globus Supermarket, situated on Festac Link Road near Apple Junction, Amuwo Odofin, Lagos.

“Upon arrival, firefighters encountered a significant blaze engulfing the supermarket’s storage facility, emitting heavy smoke into the sky from combustible materials. Collaborating with the Federal Fire Service and Lagos State Emergency Management Agency (LASEMA), the fire was successfully contained, preventing its spread to other sections and adjacent buildings.

“The collective efforts of supporting agencies including LASAMBUS, Lagos Neighbourhood Safety Corps (LNSC), Lagos State Traffic Management Authority (LASTMA), and the Nigerian Police Force provided crucial backup.

“During the operation, emergency responders rescued an adult female who was trapped in the building. Investigations into the cause of the fire are underway and will be conducted with due diligence.”

Meanwhile, around 1pm on Monday, the Agege Fire Crew of the agency recovered the body of a deceased female, approximately 40 years old, from beneath a trailer.

A statement on the incident read, “In a related incident at about 13:21 hours on the Abule Egba flyover inward Sango, Lagos-Abeokuta Expressway, the Agege Fire Crew of the agency recovered the body of a deceased female, approximately 40 years old, from beneath a trailer involved in a reported accident.

“Furthermore, a gas explosion was reported at 32, Coker Compound, off Coker Road, Iganmu, Lagos, as the Ilupeju Fire Station discovered approximately 30 various sizes of gas cylinders in a warehouse.

“The explosion resulted from the refilling of the FM200 Fire Protection System from one of the gas cylinders. Two male adults were rescued alive with varying degrees of injury but in stable condition at a nearby hospital.

“Subsequently, around 4pm, the Ikeja Fire Crew of the LSFRS responded to a power house electrical induced fire at a warehouse at Ikeja, which belongs to a multinational firm.

“Lastly, the Ikeja Fire Crew of the LSFRS responded at 16:31 hours to a power house electrical induced fire at a warehouse on Akanni Doherty Street, Ikeja, belonging to a multinational firm. The incident was promptly addressed without further escalation.

“The Lagos State Fire and Rescue Service reaffirms its commitment to ensuring the safety and security of residents and businesses within the state and urges the public to remain vigilant and prioritise fire safety measures.”

Mbappe fires France warning after Germany friendly defeat

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France captain Kylian Mbappe said his team’s friendly loss to Germany at the weekend should serve as a warning going into Euro 2024, for which Les Bleus are one of the leading contenders.

“We need to be aware that if we play like that in the big matches that lie ahead of us, we are setting ourselves up for major disappointment,” Mbappe said on Monday, following Saturday’s 2-0 defeat against the European Championship hosts in Lyon.

Germany took the lead through a Florian Wirtz strike after just eight seconds, with Kai Havertz scoring their second goal shortly after half-time.

It was just France’s second defeat since they lost the 2022 World Cup final on penalties to Argentina in Qatar — the other was a 2-1 reverse in a friendly away to Germany last September.

“Now that game is over with and our objective is to show a reaction. We need to be aware that we didn’t play well enough,” added Mbappe, who was speaking in Marseille, where France will face Chile in another friendly on Tuesday.

Les Bleus have reached three finals out of the last four major tournaments, European Championships and World Cups combined.

They also won the UEFA Nations League in 2021, and are being tipped as the favourites for the Euro alongside a strong England side.

Paris Saint-Germain star Mbappe was keen to point out that France won just once in their six games leading into the last World Cup, before going on to reach the final of that competition.

In contrast they came into the last Euro in 2021 in excellent form, only to go out in the last 16 on penalties to Switzerland.

“There have been tournaments where in the matches we have played beforehand we have taken beatings but then have played well in the competitions themselves.

“There have also been competitions where we won the friendly games in the build-up but then ended up being knocked out and going home early,” said Mbappe, who won his 76th cap against Germany aged just 25.

“The friendly matches give indications but not the whole truth. The proof of that is that we have lost twice to the Germans in friendly games but I have never lost to them in a competitive match.”

France are in a group with the Netherlands and Austria at the upcoming Euro, which will take place in Germany from June 14 to July 14.

They will also be alongside the winner of Tuesday’s decisive qualifying play-off between Wales and Poland.

Mbappe also said he expected to be jeered by the crowd in Marseille, with France playing in the home stadium of PSG’s bitter rivals.

“It doesn’t matter what kind of welcome I get. I will still give my best,” he said.

“To be honest, I would understand if I were whistled.”

He will return to Marseille with PSG for a league game this coming weekend.

AFP

Man kills brother over property in Niger

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A man, Abubakar Sani, has killed his elder brother, Kabiru, during an argument over a property.

Both siblings who hail from the Tafa Local Government Area of Niger State were residents of the Gawu Babangida area of Gurara Local Government Area of the state.

Sani was said to have hit his elder brother with a big stick over the argument, which led to the death of Kabiru.

According to sources, the suspect had been threatening his family members before the argument ensued with his elder brother.

When According Online contacted the state police spokesman, Wasiu Abiodun, he explained that the suspect was arrested, adding that the case was under investigation.

“On 24/3/2024 at about 1145hrs, police operatives attached to Gawu-Babangida Division arrested one Abubakar Sani 30yrs of Gawu-Babangida area, Gurara LGA.

“The suspect was arrested for having engaged in a fight with his brother, Kabir Sani 34yrs over issues of property, and during the fight, he allegedly hit the brother with a stick on the head.

“The victim became unconscious and he was rushed to FMC, Gawu where he was confirmed dead. Preliminary investigation is ongoing, and the suspect will be transferred to the SCID for further investigation and diligent prosecution,” he stated.

91 bag first class as Ekiti varsity honours Adeboye, Adelusi-Adeluyi, others

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Ninety-one graduating students of Ekiti State University, Ado Ekiti bagged first-class degrees while 3,262 others got second-class upper division.

The Vice-Chancellor, Prof. Edward Olanipekun, said that 6,411 got second class lower division while 747 got third class and the remaining four of the 10,515 degree graduands had pass.

Olanipekun disclosed this on Monday at a press conference heralding the 28th convocation of the institution.

He said a total of 10,894 graduates, comprising 224 diplomas and 155 from post-graduate college, would graduate on the occasion.

He said, “The total number of first-class is 91, total number of second class upper division is 3262, total number of second class lower division is 6411, total number of third class is 747 and total number of pass is four.

“In addition, four distinguished personalities are to be conferred with honorary doctorates. They are the General Overseer, the Redeemed Christian Church of God, Pastor Enoch Adeboye (Doctor of Science, honoris causa); and former Governor of Ekiti State, Niyi Adebayo (Doctor of Laws, honoris causa).”

The VC listed others as an oil magnate, Princess Folorunsho Alakija (Doctor of Business Administration, honoris causa); and an accomplished pharmacist, Prince Julius Adelusi- Adeluyi (Doctor of Laws, honoris causa).

Olanipekun, who will be leaving office in August on completion of his tenure, listed his achievements to include securing approval for 16 new academic programmes, including BSc Mass Communication, BSc International Relations, PhD Surgery, PhD Medicine, and others.

He commended the Federal Government for the various intervention funds released to the university, such as TETFUND and NEEDS Assessment funds, which have been impactful in transforming the campus leading to the completion of 12 TETFund-sponsored projects, 10 Needs Assessment-sponsored projects among others.

He said, “Our university, on Friday, March 15, 2024, signed a memorandum of understanding with the University of the West of England, Bristol (UK) for the purpose of collaboration in the area of transnational education and academic exchange programmes. This epoch making ceremony took place virtually.”

The VC took pride in EKSU Alumni Association led by Dipo Bamisaye for tremendous assistance to the university, adding, “The tardiness previously experienced on issuance of academic transcripts in the university has now become a thing of the past. All backlogs of academic transcripts have been cleared.

“The Alumni Association’s donation of some relevant equipment, coupled with the decision of the university to deploy competent personnel who can effectively handle these equipment, has facilitated the ease of processing and issuance of transcripts to our graduates,” he said.

Six of 137 rescued Kaduna schoolchildren hospitalised

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Six out of the 137 rescued schoolchildren of the Government Secondary School, Chikun Local Government Area of Kaduna State, were said to have been hospitalised at the Army medical facility, Dallet Barracks, Kawo, Kaduna.

The General Officer Commanding 1 Division,  Major-Gen. Mayirenso Saraso, made this known while presenting the rescued schoolchildren to Governor Uba Sani at the Sir Kashim Ibrahim Government House in the state capital on Monday.

The GOC said those currently receiving medical attention at their facility are five females and one male student.

He said that as soon as they are medically fit, they would be handed over to the state government.

This was as the state governor, Sani cautioned those he described as “merchants of conflicts” over the wrong permutation on how the 137 schoolchildren were rescued by the Army.

 

The governor also warned against politicising issues of security, noting that doing so would endanger the lives and property of Nigerians.

Speaking further, Saraso insisted that in all, 137 students and staff were abducted by the terrorists on March 7, 2024, bringing the total number of those abducted to 138 while regretting that the staff died in captivity.

Although he said no ransom was paid, the GOC explained that through “the sustained and coordinated application of both kinetic and non-kinetic efforts” by the security agencies under the strategic guidance of  President Bola Tinubu, through the Office of the National Security Adviser, the abducted Kuriga schoolchildren were rescued in the early hours of Sunday after spending about 16 days in captivity.

He added that the students were initially received and administered first aid at the Nigerian Army Troops Forward Operating Base Dandadau in Zamfara State before being conveyed from there under escort to Kaduna.

He said, “We successfully freed 137, but you will discover that six of them are not presently with us here. They are being attended to medically in our facility at Darlet Barracks – one male with five female students who have been hospitalised.

“His Excellency visited them last night, and he saw all the students, including those lying on hospital beds. So, those six when eventually discharged; when they get better, will join their 131 colleagues who are here physically present to complete the figure of 137.

“In all, there were 137 children and one staff member making 138 persons altogether that were abducted from the co-located schools on the ill-fated day.

“But unfortunately, the staff member, Mr Abubakar, is not here with us today because he died while in captivity.

“Consequently, there are here at present, a total of 137 students of the Govt Secondary and LEA Primary Schools Kuriga in Chikun LGA of Kaduna State who were successfully rescued from captivity around Dansadau Forest in Zamfara State and safely brought back to Kaduna.

“The breakdown of the figure of the rescued children shows that there are 76 females and 61 males, making the total of 137 together (less the teacher that died while in captivity).”

The governor, while receiving the schoolchildren, decried the way issues of security were being politicised in the country.

He also praised the efforts of President Bola Tinubu, who, according to him, stood firmly by the state government from day one when the incident happened.

While cautioning ‘the merchant of conflicts,’ the governor said what was important to the state government “is that the abducted schoolchildren were rescued unhurt.”

The governor warned the so-called merchant of conflicts as well as the media to desist from passing wrong insinuations on how the schoolchildren were rescued.

He said, “I want to appreciate our children who are here with us and are in high spirits. I want to make it very clear to all of us that from the very day that our children were unfortunately abducted from their school in the Kuriga community, President Bola Tinubu has been with us from day one.

“He ensured that the security should return our children home safely. I want to thank the National Security Adviser, Nuhu Ribadu, for his able leadership and all the service chiefs and all security agencies for their respective contributions and organised efforts.

“I want to appreciate many Nigerians who prayed day and night for the release of the children, and today, God has answered our prayers.

 

“I also want to caution insecurity merchants and conflict merchants in Nigeria to be cautious with their utterances because, before the release of our children, a lot of people have been coming with a lot of permutation about how these children were released and what happened.

“The important thing for us in Kaduna is that the children are here with us. This is more important. As a government,  it is to protect the life and property of our citizens.

“And under my government, the Kaduna State will continue to prioritise our security because security is the number one agenda of our government.

“We should not politicise the issue of insecurity in Nigeria. It is not good to undermine the efforts of security agencies in Nigeria.

“I want to caution the media and some elements in the society about the permutation of the school children, in my own opinion it is just to celebrate their release.

“We are all happy because we had 16 days of sleepless nights, but today we are happy the children are back and I want to emphasise that we will continue to make security efforts so that all our Local Government Areas(LGAs) and Communities are saved.”

FG arraigns man who accused Fashiola of writing presidential tribunal judgment

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A man, Chike Ibezim, has been arraigned by the Federal Government for allegedly defaming a former Minister of Works and Housing, Babatunde Fashola.

Ibezim was arraigned on Monday before a Federal High Court in Abuja on a six-count charge.

Ibezim, along with two others, claimed that Fashola authored the judgment of the presidential election petition court in favour of the All Progressives Congress over the petitions by the Labour Party and the Peoples Democratic Party.

Count one of the charges reads, “That you Ibezim Chike Victor, male with Jackson Udeh, Nnamdi Emmanuel Ibezim and Reportera.ng (body corporate) now at large on or about 05/08/2023 at Abuja, did commit an illegal Act to wit: criminal conspiracy; when you jointly agreed to publish a defamatory statement of false allegations in your online social media, the reportera.ng news, against His Excellency Babatunde Raji Fashola SAN, CON, without justification, you thereby commit offence punishable under Section 27(1)(b) of the Cyber-crime Prohibition, Prevention Act 2015.”

Fashola, however, dismissed the accusation, describing it as “unfounded and libelous.”

He also said those behind the allegation are “instigators of unrest.”

The presiding judge, Bolaji Olajuwon, however, adjourned the case till April 15 for continuation of trial.

Rivers police kill wanted cult leader

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The police in Rivers State on Monday gunned down the commander of a dreaded cult group called ‘Greenlanders’ during a shootout in the Owube Kingdom in Ahoada West Local Government Area of the state.

The cult commander identified as Izuma David Odiereke, a. k. a ‘Solution’ has been on the wanted list of the police for nearly 10 years.

When operatives raided his camp located in a forest in the area, he reportedly opened fire and tried to escape but was subdued by superior firepower at about 4 am on Monday.

Briefing newsmen at the Area Command, the state Commissioner of Police, Olatunji Disu, described the cult commander as a serial killer.

He said, “His reign ended when the command took men to his camp at Api Forest between Odiereke Ubie and Joinkarama 4 in Ahoada West LGA.

“Attempts were made to capture him three days ago, but he escaped. We continued to lay siege on him.

“We have been having a series of attacks from this so-called General Odiereke that has just been killed alias solution.

“He has been on the wanted list since 2016. He has been a serial killer. A lot of people have died at his hands.

“Nobody can fish. Nobody can go to the farm because of this man.  He is kind of a kid in the jungle. He comes to town in Ahoada West in Ibiza Clan, to be precise.

“The clan and the community had been deserted because anybody who comes around, he kills and escapes at will. He was doing everything he wanted.

“We are so happy that today, officers of the command led by the DOOR went after him, and luckily for us, they got him. So this is the end of the era of ‘General Solution’.

CP Disu disclosed that the killed cult kingpin was responsible for the death of the paramount ruler in the area in February this year, among about nine notable names murdered by his gang.

He commended operatives of the Ahoada Area Command and Division for their dedication and commitment to the fight against crime and criminality and urged them not to rest on their laurels.

Meanwhile, there was a crowd of natives of both Ahoada East and West LGA who trooped out to cheer the Commissioner of Police and his team on the feat achieved.

Speaking to newsmen, the Chairman of Ahoada East LGA, Ben Eke, expressed happiness, saying, “Even if he is from Ahoada West and killed in Ahoada West, the criminality will reduce in my local government.”

Similarly, Seji Ebenezer, Paramount Ruler of the Owube community, where the cult leader hails from, said, “The community is so excited. The young man has been terrorising the community.

“He is a serial killer, kidnapper, and notorious cultist.”

FG arraigns man who accused Fashiola of writing presidential tribunal judgment

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A man, Chike Ibezim, has been arraigned by the Federal Government for allegedly defaming a former Minister of Works and Housing, Babatunde Fashola.

Ibezim was arraigned on Monday before a Federal High Court in Abuja on a six-count charge.

Ibezim, along with two others, claimed that Fashola authored the judgment of the presidential election petition court in favour of the All Progressives Congress over the petitions by the Labour Party and the Peoples Democratic Party.

Count one of the charges reads, “That you Ibezim Chike Victor, male with Jackson Udeh, Nnamdi Emmanuel Ibezim and Reportera.ng (body corporate) now at large on or about 05/08/2023 at Abuja, did commit an illegal Act to wit: criminal conspiracy; when you jointly agreed to publish a defamatory statement of false allegations in your online social media, the reportera.ng news, against His Excellency Babatunde Raji Fashola SAN, CON, without justification, you thereby commit offence punishable under Section 27(1)(b) of the Cyber-crime Prohibition, Prevention Act 2015.”

Fashola, however, dismissed the accusation, describing it as “unfounded and libelous.”

He also said those behind the allegation are “instigators of unrest.”

The presiding judge, Bolaji Olajuwon, however, adjourned the case till April 15 for continuation of trial.

Adding colours to pursuit of qualitative education in Ogun: Travelwings examples

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Travelwings, an online and technology driven travels and tour company recently demonstrated that it is as committed to granting people the wings to see the world just as it is committed to giving Nigerian children wings to access qualitative education.

Headquartered in Dubai with offices across the globe, Travelwings.com is a bespoke online tourism brand that excels in delivering unique travel experiences.

It is an enterprise driven by the vision to take customers on a journey without bounds. Since its inception nine years ago, the company has catered for over one million travelers and gained a strong foothold in 32 nations spanning across the Middle East, African subcontinent, and many more.

Although, the travel and tours company started its operations in Lagos, Nigeria about five years ago but it has always believed in supporting the country, particularly in the area of educational development for a more rewarding and exciting future.

It was in pursuance of this lofty ideal of the company that its representative in the country, Mr Bhavesh Punjabi and others recently stormed Abeokuta, Ogun State capital to support two schools with educational materials.

The Company during the visit donated 50 chairs and 300 exercise books to the 100 years-old Baptist Primary School, Idia-Aba while another set of 50 chairs and textbooks were equally given to the 80-year-old Lisabi Grammar School (Junior School) also at Idia-Aba, Abeokuta.

The representatives of the company, supported by the staff and students of the two schools also engaged in symbolic planting of trees and coconut within the school compounds.

The trees planted are to serve as memorials of the epoch making occasion while also helping with the fight against climate change.

Receiving the visitors amidst the cheerful pupils, the HeadTeacher of Baptist Primary School 1, Idia-Aba, Mrs Christianah Olayiwola could not hide her excitement given the vital role the donations will play in the determined bid to create a coducive learning environment for the pupils.

Mrs Olayiwola while receiving the donations said “this hand of love and fellowship from Travelwings is really appreciated and quite commendable because it will go a long way in making the children more comfortable while learning.

“It will help to decongest sitting arrangements of four or three pupils on a seat and make learning more interesting.

“We sincerely thank Travelwings and we hope that other coporate organisations and well-to-do individuals will support initiative like this that are geared towards supporting the Ogun State government to improve access to qualitative learning”.

The Chairman of School Based Management Committee of the primary school, Rev Akinfolabi Osinubi also lauded Travelwings for their thoughtfulness and interest in helping to build a greater Nigeria with investment in the educational sector.

Rev Osinubi said “we are certainly grateful for this interventions, it is always good to give back to the society that is how to make the world a better place.

“This investment particularly in education is really comforting because we are talking about building a better Nigeria. It is what other public spirited individuals and organizations should do to make a difference in the future of our country. We appreciate Travelwings and pray that the Almighty God will continually uplift  the organization”

Akinrolabu Victoria and Akanni Joseph, the Headgirl and Headboy of the school respectively also thanked the travel and tours company saying that their kind gesture would undoubtedly made learning more conducive for the entire pupils.

Similarly, at Lisabi Grammar School which is just a stone throw to the first port of call, the Principal of the Junior Section of the school, Mrs Olufunmilayo Joseph said that the school management is quite happy to receive the donations from Travelwings.

Mrs Joseph described the  humanitarian gesture as a practical way to also teach the children the art of giving and supporting a good cause to thrive.

She said “the school is certainly grateful for this donation because it will certainly support other interventions of the government towards giving our children qualitative education.

“However, efforts like this go beyond giving, it helps to teach the younger ones the art of giving, the act of trying to look for others and reaching out to help.

“We all know the difficulties with our economy yet a group is trying to reach out, to care for others, this is an impression that the children won’t forget in a while. We are grateful for this donation and we hope that others will emulate Travelwings as we all strive to build better future for the nation”.

Olasanmi Moses and Terwase Joy, the Head boy and Headgirl of the school respectively, conveyed their appreciation to Travelwings disclosing that the donations from the company would undoubtedly assist the students to get better in their studies.

Speaking during the presentation of these educational materials, Travelwings country’s head, Bhavesh Punjabi said that the company could not afford to do less.

He said there was no better way the travel and tours company could appreciate the massive love and support of Nigerians since it began operations in Nigeria about five years ago than investing in efforts such as education that is tied to giving the country a brighter and rewarding future.

Punjabi said “Travelwings is a global online travel and tours company that is in 30 countries of the world and about 20 in Africa. The company actually started operations in Nigeria about five years ago but this month of March is the 9th anniversary of the company.

“The outing has been quite successful, you can see the excitement among the students. It is an excitement that worths the investment..during the visit we donated furniture, books, we planted trees and had fruitful interactions with the teachers.

“We have gotten so much love and support from Africa and Nigeria, and as we celebrate our 9th anniversary we felt that we should support the country’s educational development and the feedback has been quite encouraging and inspiring.

“This is who we are as a brand, as much as we are interested in encouraging and inspiring people to see other part of the world for leisure, tourism and business, we are also much more interested in evolving and inspiring a better world that we can all be proud of and leave for coming generations”.