Telcos warn of forex ‘time bomb’, poor service
Ï Dangote Group hard hit, turns to credit agencies, cement operations abroad ÎÎÎ Telecommunication
Olufemi Samuel, Abuja
providers in Nigeria have alleged unfair treatment in
Opeoluwani Akintayo, Lagos
the allocation of foreign exchange for their operations and hence warned that if the trend continues, the
quality of GSM services would be grossly affected. Representatives of the operators made this known
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on Wednesday during an interactive session with the Continued on page 6
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N150
THURSDAY, FEBRUARY 11, 2016 VOL. 2. NO. 42
GAINERS
LOSERS
NSE GAINERS AND LOSERS AS AT 10 February 2016.
SEPLAT
250
260
10%
DANGCEM
133.96
135.99
2.03%
7UP
183.98 174.79
-9.19%
UNILEVER
33.43
31.76
-1.67%
MOBIL
152
159.6
7.6%
OKOMUOIL
27.99
29.4
1.41%
NESTLE
705.02 700
-5.02%
CONOIL
20.25
19.24
-1.01%
Jonathan’s ADC arrested ÎÎÎColonel
Ojogbane Adegbe, a former Aidede-Camp (ADC) to former President Goodluck Jonathan has been arrested by federal authorities. News of his arrest was broken on Wednesday evening by an online publication, The Will, and independently confirmed to the Daily Times by reliable sources. However, it could not
be ascertained as to why he was arrested or where he was being held. In a similar development, Mr Ibrahim Magu, the Acting Chairman, Economic and Financial Crimes Commission (EFCC) has called on members of the Nigerian Bar Association (NBA) to join hands with the Commission in the fight against corruption.
This is contained in a statement issued on Wednesday in Abuja by Mr Wilson Uwujaren ,EFCC’s Head, Media and Publicity. It said that Magu made the call when the national executive of the NBA paid him a courtesy visit. Magu said that some members of the association had given it a bad
name as a result of their unprofessional conducts. He said that some lawyers were aiding some individuals and corporate bodies to perpetrate economic and financial crimes. ``Society is not served when prominent members of the Bar not only take clearly tainted briefs, but even facilitate the commission of
crimes by knowingly supplying the technical know-how and later helping in the dispersal of the proceeds of crime. ``There are lawyers within the fold of the NBA who ought not to be among your noble ranks. ``Those people are not fit to be called ministers; rather, they are vandals of the temple of justice’’, the statement said.
Colonel Adegbe
Reps uncover N180m 6 ‘double’ allocation in NIMET budget
Okorocha bows to labour, recalls 3,000 sacked workers 12 8 Use of PVC by INEC
unconstitutional
–Lawyers
9ice:
On originality and true L1 music
Rev.Fr. Lawrence Abanobi applying ash on Rev. Sisters at The Sacred Heart Catholic Church in Gwagwalada to mark the beginning of Lent in Abuja… on Wednesday.
ÏPDP removes Bello, appoints Sen. Walid Jubrin as acting BoT Chair
5