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The Federal High Court, Abuja has admitted Femi Fani-Kayode to bail in the sum of N50 million and one surety in like sum.
The court, however, remanded him in Kuje Prison pending the perfection of his bail condition.

Fani-Kayode was arraigned by the Economic and Financial Crimes Commission (EFCC) before Justice John Tsoho on a fresh five-count charge bordering on money laundering.
The ex-aviation minister was accused of allegedly collecting N26 million from the office of the former National Security Adviser, Sambo Dasuki and using the money for media campaign.
Count two of the charge reads: “You, Femi Fani-Kayode, converted N26 million cash paid from the office of the National Security Adviser for the purpose of media campaign.
“You ought to have reasonably known that the said funds formed part of an unlawful act contrary to section 15 (2) (b) of the Money Laundering Act.”
His counsel, Mr Ifedayo Adedipe (SAN) in arguing his bail application, told the court that his client had been kept in EFCC custody in the last 21 days without a warrant of arrest or detention from the court.
Adedipe called the court’s attention to a sister case where his client allegedly misappropriated N1.2 billion but had been granted bail and had not breached the terms of his bail.
He also said that the offence his client was accused of was a bailable one and urged the court to admit him to bail on self recognition or on liberal terms.
The prosecuting counsel, Mr Johnson Ojogbane, however, argued that even though, the defence had filed the bail application before the arrest and arraignment of the defendant, he responded to the application in good faith.
“Ordinarily, we should not have responded to the bail application since it was filed long before today, but out of respect to this honourable court and in good faith, we have decided to respond,” Ojogbane said.
While admitting that the defendant had been in the EFCC custody in the last 21 days, he said that the arrest and detention was for the sole purpose of bringing him before the court according to the constitution.
Justice Tsoho, in his ruling, agreed that the offence the defendant was accused of was bailable.
Tsoho said that the fears expressed by the prosecution in their counter affidavit that the defendant was a flight risk and was likely to temper with evidence were only speculative.
He also said that there was no evidence to show that when the defendant was granted bail in the sister case or that he breached the conditions of his bail.
Tsoho, therefore, set in the conditions for bail to include that the defendant would deposit his travel documents with the court.
Others are that the surety must be resident in Abuja, own landed property and produce the original documents of the property for citing and inspection.
Justice Tsoho also ordered that the defendant and sureties must produce two recent passport photographs and adjourned for commencement of trial till Dec. 25.
Fani-Kayode pleaded not guilty to the charges levelled against him.
The News Agency of Nigeria (NAN) reports that Fani-Kayode is already facing a 17-count charge of money laundering before the Lagos division of the court.
Nobel laureate, Professor Wole Soyinka, has stated that he will not destroy his United States’ residency permit just yet.
Responding to a question on Trump’s victory during an interview with Newsweek on Wednesday in New York, the literary icon said: “Why don’t we wait until Trump actually takes office?”
Last week, Soyinka threatened to destroy his green card if Trump won.
Nigerians had taken to social media to question Soyinka about whether he would honour his pledge following the announcement of Trump’s victory.

Soyinka said: “Why don’t we wait until Trump actually takes office? I’m just going about my normal commitments, but definitely not getting into any more commitments. Let’s put it that way for now”
The playwright added that Trump’s victory could jeopardize U.S. support in Nigeria’s fight against Boko Haram.
He said that Trump’s “bunker mentality” could see the U.S. withdraw support for counter-terrorism operations in West Africa.
“One should expect that level of collaboration to diminish. Trump’s mentality is one of, ‘What are we doing there? What business do we have over there?’” Soyinka told Newsweek.
“I foresee Trump dismissing that kind of expectation offhand and closing in, shrinking, becoming smaller in terms of [the U.S.’s] presence in other parts of the world,” he added.
The low demand for dollar at the parallel market on Wednesday forced naira to appreciate further against dollar.

NAN reports that the Nigerian currency gained N5 in Lagos to exchange at N460 to a dollar from N465 recorded on Tuesday.
Also, the Pound Sterling and Euro closed at N560 and N500 respectively.
 At the Bureau De Change (BDC) window, the dollar was sold at N385, being the Central Bank of Nigeria (CBN)’s controlled rate.
 Also, the Pound Sterling and Euro traded at N560 and N503 respectively.
 However, the naira weakened against the dollar at the interbank market, losing N2.49 to close at N307.26 against N305.27 recorded on Tuesday.
 Traders at the market said that the demand for the green back was low due to the political situation in the U.S.
 Mr Harrison Owoh, a BDC operator, said that stakeholders in the market were painstakingly watching the political situation in U.S and its effect on the country’s economy.
 Owoh said that in the coming days, the demand for the dollar was likely to remain low until the successful transition from a Democratic to a Republican Government in U.S. 
French President Francois Hollande, who once said Donald Trump made him want to retch, warned Wednesday that the Republican billionaire’s stunning victory in the US election “opens a period of uncertainty.”
In an initial televised reaction, Hollande offered only brief congratulations to the Republican billionaire, in which he stressed Washington’s key role in world affairs.

But the French leader later penned Trump a letter, saying he was keen to “immediately” start discussions on a number of key issues.
“What is at stake is peace, the fight against terrorism, the situation in the Middle East, it’s economic ties and the preservation of the planet,” he wrote.
“On all these subjects, I would like to immediately start discussions with you in light of the values and interests which we share,” he said, hailing Trump’s conciliatory victory speech.
“We must find answers which allow us to overcome fear but also to respect the principles which bind us: democracy, freedom, respect for every individual,” he wrote.
Hollande, who has disastrous approval ratings ahead of France’s presidential election next year, has been an outspoken critic of Trump, telling journalists earlier this year that the Republican’s excesses “make you want to retch”.
Trump has raised hackles in France after saying attacks in Paris last year that left 130 people dead might have been avoided if the country relaxed its gun laws.
He has also referred to “vicious” no-go zones in Paris and said French people arriving in the United States could face security vetting because of fears about extremists.
AFP

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The House of Representatives has warned Nigerians to desist from investing in the Mavrodi Monrodi Moneybox scheme popularly known as MMM or risk loss of their funds.


The call was sequel to a unanimous adoption of a motion by Rep. Saheed Akinade-Fajabi (Oyo-APC) at plenary on Wednesday in Abuja.
Akinade-Fajabi, in the motion earlier, said that the scheme was set up by three Russian nationals in 1989 and that clients were made to invest monies with the hope to make 30 per cent interest in 30 days.

He said that the structure and operations of the scheme indicated otherwise as clients could have multi-level structures under them and earn bonus.
He said that the scheme prided itself as a mutual fund through which recruited clients contributed money in form of assistance without any intent to engage in banking business.
According to the lawmaker, the scheme entered Nigeria in 2016, capitalising on the high level of unemployment and poverty in the country to deceive and make Nigerians fall prey of their antics.
He said that a similar scheme had been launched in Russia by the same founder where investors lost millions of dollars, adding that the scheme had been banned in China to avert “financial havoc’’.
It could be recalled that the Central Bank of Nigeria (CBN) had admonished Nigerians on the MMM scheme, saying it was fraudulent.
In his ruling, the Speaker of the House, Mr Yakubu Dugara, mandated the Committee on Banking and Currency to investigate the scheme with the view of saving Nigerians participating in it from financial disaster. (NAN)

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With Donald Trump beating Hillary Clinton to win the US election, the Canadian Immigration website has crashed under the weight of people in the US seeking an escape.

Trump won many of the key states, including Florida, Texas and Pennsylvania.
As the election neared its conclusion, Google searches for “move to Canada” and “immigrate to Canada” went up. The website for Citizenship and Immigration Canada (CIC) then had a blackout.
At a time this morning, the page was unavailable, at other times it loaded but was running slowly. The CIC made no reference to this on its Twitter feed.

Trump’s victory came after a nasty campaign. He was accused of racism, sexism and non-payment of taxes.
Democrat candidate Hillary Clinton has conceded the
presidential contest to her Republican rival Donald Trump Tuesday night.

After winning the primarily Republican States, Trump was leading in Michigan and Wisconsin, holding a
3-point lead in the latter with 92 percent of the vote in.
Trump led the popular vote by more than 1 million votes. With 86 percent of the expected vote in, more than 116
million ballots had been cast.

Earlier, the Clinton campaign had said the race was too close
to call. Also, Clinton campaign chair John Podesta told supporters at the Javits
Center who had amassed for a victory party to go home till tomorrow, saying that every vote
should be counted.

This week on Keeping It Real, Nigerian Doctor in Texas, Oluyinka Olutoye, and his team, successfully operate on an unborn baby at 16 weeks. The baby was then returned to her mother’s womb and delivered at 36 weeks.

Meanwhile, the Nigerian Senate refuses President Buhari’s request to borrow $30 billion.

        

 In Uganda, President Yoweri Museveni continues to harass and arrest opposition leader Kizza Besigye despite that it has been eight months since the elections. Mr. President is also busy teaching farmers how to make money.

As the US votes, Adeola is wondering who you would like to see become the next President of America. Donald Trump or Hillary Clinton? 

This week on Keeping It Real, Adeola urged the Nigerian
government to deal with mismanagement among government officials before
borrowing more money.
In Cameroon, Oct. 21st became a black day after landslides
and train derailment killed so many.
In Togo, a woman, Farida Nabourema, is challenging the
corrupt government of Gnassingbe, the family that has ruled the nation for 49
years.

       

  Also, find out how some older women in Kenya defend
themselves against rapists.
Did Angola ban Islam? Find out from this episode and much more
stories.

Lastly, don’t forget to write your comment on whether
Africans should leave or remain part of the ICC.

According to Vanguard News, about five people have allegedly been arrested for holding a
burial ceremony in Benin, disobeying an order by the Benin Traditional Council during
the coronation of the new Oba of Benin.

The Benin Traditional Council in a statement by the secretary, Frank Irabor, insists that
all funeral activities are banned in the seven local government areas in the
senatorial district throughout the coronation ceremonies.
Although the coronation of Oba Ewuare II has been concluded,
the post-coronation festivities, which began in October, will last through the
end of December.
During this time, no one is allowed to bury a dead body in the
following local governments until January: Oredo, Egor, Ikpoba-Okha, Ovia
North-East, Ovia South-West, Orhionmwon and Uhunmwode.
Oba Ewuare II is a graduate of University of Wales in the
United Kingdom, and a former Nigerian ambassador to Sweden and Angola.
The Ethiopian government has announced up to
five years jail time for any social media user that posts updates on the
growing political unrest of the country on Facebook.

This is one of the series of measures under a six-month “state
of emergency” recently declared by the government.
Since protests began a year ago, the government has imposed
a blanket ban on mobile Internet services and
restrictions on text message platforms like WhatsApp.
This is mainly to prevent people from organizing protests as
the government drives out Oromo and Amhara land owners in a bid to expand Addis Ababa.

Two Ethiopian TV stations based in the US, ESAT and the
Oromia Media Network, have also been banned. Similarly, access to foreign-based
media has been restricted, including Deutsche Welle and Voice of America, which
both have popular Amharic stations.
October is usually the beginning of high season in
Ethiopia’s tourism industry, but thousands of visitors have already canceled their
scheduled trips due to the protests and state of emergency.

The Ethiopian government in October declared a six-month
state of emergency, during which anyone could be arrested without warrant. 
In 2015, the European Council on Tourism and Trade named
Ethiopia World’s Best Tourism Destination for its outstanding natural beauty,
dramatic landscapes, and ancient culture.
Places like Rock churches (also known as ancient stone
churches – pictured above) in the historical town of Lalibela, in northern
Ethiopia, attract thousands of tourists every year, but not this year.
For many citizens of Lalibela who work as tour guides, this has greatly impacted their income.
“Because of this problems happening in some parts of the
country, some just have already cancelled their trips to Ethiopia,” said
Belayneh Mengesha, a local Lalibela tour guide.
Several tour operators have also reported about 50 percent decrease in business compared to last year.
       

Meet ‘Sister Deborah,’ a Ghanaian model and presenter for E.tv Ghana who has taken the eternal Ghana vs Nigerian jollof war to the next level. Lol!
Excerpt from the lyric:
My jollof brings all the boys to the yard
Nigerian boys are always glad
Their jollof is extremely white
Snow white
Dencia white
Moral of the story learn how to cook
Can’t see the truth? Learn how to look
I have the secret recipe no Maggi cube
When your Naija boy chases me don’t blame juju

Here’s another song by Deborah titled “Uncle Obama, I like your banana”

       

An angry mob along Airport road in Lagos tried to lynch a Nigerian policeman after him and his colleague allegedly beat up and pushed an elderly man into a dirty drainage.
 
      


In the video, eyewitnesses said his colleague had escaped with a gun.

Meanwhile, the crowd forced the other policeman to get in the gutter and pick up the man whose head was visibly bloody.  

Members of the crowd descended on him while others were moved to tears.I couldn’t help but wonder why no one was calling for help or performing CPR. The man may be unconscious!

Nigerian actress, Rahama Sadau, was recently expelled from the Hausa movie industry, Kannywood, for hugging a man in a music video. Now she gets to work with international superstar, Akon and other actors. 


Sadau is featuring alongside Akon in the upcoming movie ‘The American King,” presently being filmed in Los Angeles by Nollywood Director and Producer Jeta Amata.

“You are valuable and irreplaceable. If you are ever told otherwise, do not believe it. Just try and be yourself even for once,” said Sadau on her Instagram page.
     

Sadau was banned from Kannywood for “hugging and cuddling” pop
star Classiq in this music video:

       

Texas-based ExxonMobil Corporation has announced the discovery of up to one billion
barrels of oil in the Owowo field, Niger Delta region of Nigeria.

“We are encouraged by the results and will work with our
partners and the government on future development plans,” said the President of
ExxonMobil Exploration Company, Stephen Greenlee.

The Texas-based oil company said this has a potential
recoverable resource of between 500 million and one billion barrels of oil. ExxonMobil
owns a 27 percent interest in the well, according to the statement released by the company, as does
Chevron Nigeria Deepwater. Several other Nigeria based companies own the rest.
Scientists at five British universities have collaborated
with the National Health Service in a quest to cure HIV. They have launched a
project, which involves 50 HIV positive patients completing a trial treatment.

The first patient to complete the trial treatment, a
44-year-old British man, has shown remarkable progress using two-stage attack
on the virus.
Normally, HIV hides from immune system, but this new
treatment tricks it into coming out. The treatment then triggers the immune
system to recognize and tackle the virus.
Although some scientists have stated it’s too early to
confirm the success of the treatment, the Sunday Times reported that recent
blood tests on the man showed no detectable HIV virus was present.

If this treatment is successful, then there may soon be a
breakthrough in the search for HIV cure.
Today Fatima Buhari, the second daughter of Nigerian President Muhammadu Buhari becomes the 4th wife of mallam Gimba Yau Kumo, the former Managing Director and Chief
Executive Officer of the Federal Mortgage Bank of Nigeria.
Fatima is the second daughter of Buhari’s first wife whom he married in 1971. According to the rights of Islam, a man is allowed to marry up to four wives. Meanwhile, one of Kumo’s wives, Hajia Gimba Aishatu, @gimbaaishatu, has taken to Instagram to compare her beauty with that of Buhari’s daughter.