The Central Bank of Nigeria (CBN) has extended the deadline for the Bank Verification Number (BVN) registration. The registration exercise which will now continue till October 31, 2015, had earlier been set for Tuesday, June 30 leading many customers to besiege banks, on deadline day. Many had earlier urged the …
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Petrol scarcity: NNPC warns against panic buying; assures of enough stock
Following rumours of an impending petrol scarcity set to hit the country, barely three weeks after normalization of supply of the commodity, the Management of the Nigerian National Petroleum Corporation (NNPC),Tuesday, has moved to reassure the Nigerian public that it has stepped up efforts to maintain stability in the supply …
Read More »NLC to down tools in Edo over unpaid LG workers salary arrears
AKHERE Godwin, Benin The Nigeria Labour Congress (NLC) Tuesday, threatened to down tools in Edo State within two weeks, if the state government and local government councils failed to pay the outstanding salaries owed local government workers in the state. The State Chapter of the union gave the ultimatum when …
Read More »Ladipo Market in Lagos demolished as traders deny notice by state government
Armed men and some security operatives working in collusion with the Mushin Local Government, stormed the popular Ladipo Auto Spare Parts Market, in the early hours of Tuesday, and demolished shops in and stalls in the area. This is as traders and other property owners in the market denied being …
Read More »Governor Okezie Ikpeazu receives Deeper Life Bible Church delegation in Umuahia
Abia State governor, Dr. Okezie Ikpeazu, Tuesday, received a delegation from the Deeper Life Bible Church at the Government House, in Umuahia, the state capital. The delegation which was led by the General Overseer of the church, Pastor Williams Kumuyi and wife Esther, was received by Governor Ikpeazu, in company …
Read More »N207bn scam: EFCC to re-arraign former executives of NLNG Cooperative, others Sept. 15
The Economic and Financial Crimes Commission (EFCC) will on September 15, 2015 re-arraign Julius Ola Peters, Emeka Iloegbunam, Ijeoma David Alanza, Jonathan Wallang and Dinijocs Nigeria Limited before Justice Ishaq U. Bello of Federal Capital Territory High Court Maitama on a twelve-count charge bordering on forgery and obtaining money under …
Read More »‘Unauthorized $2.1bn spending’: This is political witchhunt — Okonjo-Iweala
Former Minister of Finance and Coordinating Minister of the Economy under ex-President Goodluck Jonathan, Dr. Ngozi Okonjo-Iweala has described as ‘false, malicious and totally without foundation,’ allegations credited to the National Economic Council that she spent the sum of $2.1 billion with authorization. It would be recalled that the …
Read More »CBN’s BVN registration deadline illegal — HURIWA
The Human Rights Writers Association of Nigeria (HURIWA) has condemned the decision of the Central Bank of Nigeria (CBN) “to subject Nigerian account holders to untold hardship because of the deadline unilaterally imposed on the so-called Banks Verification Number (BVN).” HURIWA in a statement issued, Tuesday, in Abuja called for …
Read More »Buhari assures reforms, new policies in oil & gas sector to boost national income
President Muhammadu Buhari said, Tuesday, in Abuja that his administration will undertake appropriate reforms and implement fresh policies to boost national income from oil and gas production. Speaking at separate meetings with delegations from Exxon- Mobil and the Nigeria Liquefied Natural Gas Company (NLNG), President Buhari listed the removal of …
Read More »Vitol, Helios to pay $276m for majority stake in Oando Plc
Vitol Group and private-equity firm Helios Investment Partners have agreed to buy a majority stake in Nigerian oil firm, Oando Plc’s service station, fuel storage and supply business in West Africa for $276 million. Their joint venture will acquire 51 percent of the voting rights and a 60 percent interest …
Read More »Nigeria’s external debt in March was $9.4bn — DMO
Nigeria’s external debt stock profile stood at 9.4 billion dollars on March 31, 2015, the Debt Management Office (DMO) has said. The information is contained on DMO’s website, showing the country’s debt stock profile on Monday. The figure shows a decrease of about 300 million dollars from 9.7 billion dollars …
Read More »Tetralog continues to provide 1st class customer service for Mercedes-Benz brand
The Authorised Distributors of Mercedes-Benz in the Federal Republic of Nigeria, Weststar Associates Limited appointed Tetralog Nigeria Limited in September 2011, adding them to the list of authorised dealers in Nigeria. Since then the company has been going from strength to strength. Tetralog was incorporated into the automobile distribution and …
Read More »Lagos Government set to collaborate with Nigerian Navy on security
Lagos State Governor, Mr. Akinwunmi Ambode, Monday, paid a courtesy visit to the Chief of Naval Staff, Admiral Usman Oyibe Jibrin, harping on the need for the Navy to assist the state in the fight against crime. The governor who spoke at the Defence Headquarters, Abuja expressed his displeasure at …
Read More »Ekiti APC carpets PDP over alleged N2.6bn school intervention fund fraud
All Progressives Congress, APC, in Ekiti State has dismissed as a lie from the pit of hell, the allegation by the state chapter of the Peoples Democratic Party, PDP, that the APC-led government in the state diverted the sum of N2. 6 billion Secondary Intervention fund in the State. The …
Read More »(Photonews) Governor Ambode visits Chief of Naval Staff, Rear Admiral Usman Jibrin at the Defence HQ, Abuja
Pension scam: Court rejects plea bargain
Justice Abubakar Talba of the Federal Capital Territory High Court Tuesday rejected a plea bargain proposal mooted by persons accused of complicity in stealing pension funds. Ibrahim Ahmed Mazangari, Muhammed Sani Suleiman, Hajiya Fatima Mazangari, Saleh Yerima Tsojon and Xangee Technologies Limited were to be arraigned by the EFCC on …
Read More »One month of Pres. Buhari: There has been motion and movement – Lai Mohammed
Text of a media parley hosted by the National Publicity Secretary of the APC, Alhaji Lai Mohammed, in Lagos on Tuesday, June 30th, 2015 I have arranged this interaction to rub minds with you, as always, on the situation of things in our country, top of which are the efforts …
Read More »INEC: Prof Jega bows out; hands over to Ambassador Wali
In a brief ceremony in his office, the INEC Chairman, Professor Attahiru M. Jega this afternoon handed over to one of the National Commissioners, Ambassador Mohammed Ahmad Wali. Ambassador Wali’s tenure as National Commissioner will expire on 11th August 2015. Professor Jega explained to the National Commissioners who attended the …
Read More »(OPINION) Sundiata Post: An Ode to Max Amuchie By Adeniran Adedokun
If anyone in Nigeria tells you that he is a practising journalist, you should respect the person. Now, let me clarify. There are wannabe journalists. Just like you have in all other professions, there are Nigerians who see journalism as a quick meal ticket, they are quacks without training or …
Read More »Shocking! Police corporal kills pregnant woman at funeral ceremony; blames ‘accidental discharge’
AKHERE Godwin, Benin Police in Edo State have detained a corporal on guard duty with a traditional ruler (names withheld) for allegedly shooting to death two women, including a pregnant woman at Fugar, the administrative headquarters of Etsako Central Local Government Area of the state. The shocking incident occurred …
Read More »Atiku hails Jega’s impressive record, sets agenda for successor
As the Independent National Electoral Commission (INEC)’s Chairman, Professor Attahiru Jega, officially ends his tenure, former Vice President Atiku Abubakar has hailed the enviable record set by the electoral boss. According to Atiku, the successful conduct of the 2015 elections with the introduction of Card Reader and Permanent Voters Card …
Read More »Dogara’s election: Akande’s allegations are false, baseless — Speaker
Speaker of the House of Representatives, Hon. Yakubu Dogara, has faulted allegations by the former All Progressives Congress (APC) Interim National Chairman, Chief Bisi Akande, Sunday, that oil barons who never liked President Muhammadu Buhari`s anti-corruption stance sponsored his election as Speaker, insisting that his antecedents, capacity, experience, the fact …
Read More »NASS crisis: APC adjusting to a new reality – Ndoma-Egba
The immediate past Senate Leader and principal partner of Ndoma-Egba Ebri & co. law firm, Senator Victor Ndoma-Egba (SAN), has described the leadership crisis rocking the 8th National Assembly as a reality hitting the face of the ruling All Progressives Congress (APC). According to him, the whole scenario playing out …
Read More »(Photonews) Ambode at the National Economic Council inauguration in Abuja, Monday
Petr Cech completes transfer to Arsenal from Chelsea
Arsenal have completed the signing of goalkeeper Petr Cech from London rivals Chelsea on a long-term contract for an undisclosed fee. The 33-year-old completed his medical on Friday and has now signed a £100,000-a-week contract, immediately making him one of the club’s highest earners alongside Mesut Ozil and Alexis …
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