President Mohammadu Buhari Tuesday re-nominated Ibrahim Magu as Chairman, Economic and Financial Crimes Commission, EFCC. In a correspondence read at plenary by the Senate President, Senator Bukola Saraki, the President said he had taken due note of the content of the Senate resolution of 15th December, 2016 and their conclusion …

General Electric, GE, a US multinational company, Tuesday in Abuja, proposed to invest in the nation’s three refineries located in Port Harcourt, Warri and Kaduna. GE, in a presentation to the Nigerian National Petroleum Corporation, NNPC, Group Managing Director, GMD, Dr. Maikanti Baru and his team stated that the company’s …

turnpot@gmail.com 0705 263 1058 Penultimate Thursday, leaders of the All Progressives Congress, APC, in the South-west congregated in Ibadan, the unofficial political capital of the region, to discuss what they said was the unity of the region. Chaired by Chief Bisi Akande, one-time governor of Osun state, the meeting was …

For Edo State’s economic circumstance, the future gleams with a lustre of genuine prosperity. This is not only because the governor of the state, Mr. Godwin Nogheghase Obaseki is a technocrat; it is because he is also completely committed to developing Edo in every sector. To that end, Mr. Obaseki …

DAAR Communications Plc, has sustained loss after tax in its 2015 financial year audited result. As development and the settlement of the company’s contingent liabilities continued to impair profit and dividends for shareholders of the group, income growth in 2015 financial year though meager could not however cushion the impact …

With the recent proposal of 5 kobo dividend payment announcement by Stanbic IBTC Holdings Plc for the 2015 financial year ended December 31st 2015, the bank has emerged as the financial institution that paid least dividend for the year under consideration. The bank’s register closure date of January 03, 2017, …

Equity Assurance Plc (EA) has announced the resignation of Mr Ekpe Ukpabio as its Managing Director/CEO with effect from 30th November, 2016. As a result, the company said its board met on Thursday 27 October 2016 and approved the appointment of Mr Morufu Olakunle Apampa as the new Managing Director/CEO, …

Portland Paints and Products Nigeria (PPPN) Plc has secured the approval of the Nigerian Stock Exchange (NSE) to raise more than N1 billion in new equity funds in its bid to expand its business. A regulatory document at the Exchange indicated that the Quotation Committee of the Exchange, which oversees …

The Nigerian Stock Exchange (NSE) All Share Index (ASI) added 7.83 points to close at 26,231.37 points compared to the growth of 21.94 points recorded on Friday to close at 26,223.54. This reflects that equities trading on Nigeria’s stocks market on Monday sustained growth recorded on Friday as market key …

The Economic and Financial Crimes Commission, EFCC on Monday, 23 January, 2017 arraigned Akintunde Vincent Abiodun before Justice Oluwatoyin Ipaye of Lagos State High court Ikeja on amended charge bordering on forgery and obtaining money by false pretence. The 37-year-old HND holder from Federal Polytechnic Auchi, Edo State, is said …

The public has been assured that the National Sports Festival which has suffered many postponements in recent past will surely hold in 2017; and this is official. The Minister of Youth and Sports Development, Barr Solomon Dalung gave the assurance in Makurdi, the Benue State capital at the weekend, during …

Wife of the Governor of Lagos State, Mrs. Bolanle Ambode on Monday flagged-off the State’s mass de-worming exercise for primary school pupils in the State, charging parents in the state to encourage hand-washing among their children, as well as maintain a clean and healthy environment so as to prevent them …

The Federal Government has urged the Bring Back Our Girls Group to see it (government) as a partner rather than an adversary in the group’s quest to secure the release of the Chibok girls. In a statement in Abuja on Monday, the Minister of Information and Culture, Alhaji Lai Mohammed, …

Nigeria’s Vice President, Professor Yemi Osinbajo; former President of the Nigerian Bar Association (NBA), Chief Wole Olanipekun, and foremost Senior Advocate of Nigeria (SAN), Aare Afe Babalola are among dignitaries expected to chart a way forward for the justice sector at a two-day Summit on Administration of Justice put together …

BY ABDULLAHI ISAH, MAIDUGURI The Ex Borno state commissioner for information and culture and now the publisher of National Trail Newspapers, Mr. Inuwa Bwala has alleged that the Borno state government and the state police command are planning to kill him. A credible source close to Mr. Inuwa Bwala said …

Guinness Nigeria Plc will hold an Extra-Ordinary General Meeting (EGM) on Tuesday 24th January 2017, as it seeks shareholders’ approval for its planned Rights Issue. The company had announced at the end of 2016, its intention to offer a Rights Issue as part of plans to optimise its balance sheet …

BY ABDULLAHI ISAH, MAIDUGURI Officials of Kalabalge local government area of Borno state have put the death toll in the Rann Internally Displaced Persons, IDP, camp military jet misfire at 236 . The Committee Chairman of the local government, Alhaji Babagana Malarima said “Yes! Two hundred and thirty four bodies …

Governor Ifeanyi Ugwuanyi of Enugu State is among recipients of the Authority Newspapers Awards (2016) for Excellence and Good Governance. Presenting the letter of notification of the Award for Excellence and Good Governance in the areas of Development and Infrastructure to the governor at the Government House Enugu, the Managing …

AGENE GODWIN , Benin Edo state chapter of the Peoples Democratic Party (PDP) Monday kicked off its campaign for the 28, January 2017 bye- election into the Etsako Federal Constituency seat in the House of Representatives vacated by Mr. Philip Shaibu the Deputy Governor of Edo state. The campaign rally …

In what could be described as a harvest of awards, 50 Civil Society Organisations under the aegis of Civil Society National Lectures And Awards (CISNALA), has named Governor Ben Ayade of Cross River State, as its Man of The Year. The latest award as the CSO Man of the year …

This week, the Senate is set to begin debate on the 2017 appropriations bill submitted by President Muhammadu Buhari. Both chambers of the National Assembly Senate had last week passed the Medium Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP) for 2017 to 2019, paving way for the consideration …

By now, it is crystal clear to the Bring Back Our Girls (BBOG), or any other groups and individuals with similar perception, that government is not toying with the safety, lives and property of Nigerians. This is clearly evident in the latest search conducted for the missing Chibok school girls …

A broad Civil Society network in Nigeria, the Civil Society Conflicts Intervention Team has initiated an all inclusive mechanisms of engaging stakeholders in the lingering Southern Kaduna bloodletting and violence. The new group of eminent leaders of thought in the Nigerian Civil society is jointly lead by Prof Pat Utomi …

Senate President, Dr. Abubakar Bukola Saraki, at the weekend flagged-off massive roads construction in Zamfara State – projects being executed by Governor Abdul’aziz Yari. The project includes the Dauran-Birnin, Tsaba Birnin and Magaji Kauran Namoda Roads in Zamfara State. Earlier in his remarks, Saraki called on Government agencies at all …