The American University of Nigeria has raised its new scholarships to 67 in the upcoming 2016/2017 academic session. Examinations to select the winners will be conducted at six centers nationwide on Saturday, July 30. Thirty-six scholarships will go to candidates with the highest scores in the 2015 Unified Tertiary Matriculation …

Guaranty Trust Bank remains one of the top two rated Banks in Nigeria as shown by the recently released Rating Report by Fitch, a global rating agency. Fitch revised the Outlook on the Bank’s Long term Issuer Default Rating (IDR) from Negative to Stable citing the Bank’s continuing strong earnings, …

The Federal Government has said there is no truth in the insinuation that the report of the Presidential Committee on the Audit of Defence Equipment Procurement in the Armed Forces (2007-2015) was doctored for whatever reason. In a statement issued in Abuja on Friday, the Minister of Information and Culture, …

At least 84 people have been killed in Nice after an armed man drove a truck at full speed for 2km through a crowd who had gathered to watch the Bastille Day fireworks display over the seafront. The attack, which also injured scores of people, including dozens of children, on …

Chelsea have completed the signing of N’Golo Kanté from Leicester City for a fee of around £30m, with the 25-year-old France midfielder signing a five-year contract at Stamford Bridge. Kanté, who made more tackles and interceptions than any other player in the Premier League last season, said the opportunity to …

The Nigerian Electricity Regulatory Commission (NERC), Thursday, said it would uphold the court ruling mandating it to reverse the 45 per cent increase in electricity tariffs across the country, six months after implementing the Multi Year Tariff Order 2, which brought about the hike in the tariffs. A Federal High …

The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC), Thursday, called on the Federal Government to raise the rate of the Value Added Tax from the current five per cent to between 7.5 per cent and 10 per cent. It said the need to increase the VAT rate was born out …

President Muhammadu Buhari has ordered the probe of two former Chiefs of Army Staff, Lt. Gen. Azubuike Ihejirika and Lt. Gen. Kenneth Minimah. The two generals are among 54 persons to be investigated for their roles in the arms scandals that saw billions of dollars meant for the procurement of …

The Advisory Board for The Nigeria Prize for Literature, led by Emeritus Professor Ayo Banjo has announced an initial shortlist of eleven books, drawn from 173 books, in the running for the 2016 literature prize. A statement by Kudo Eresia-Eke, General Manager, External Relations of NLNG said that the short …

The Minister of Information and Culture, Alhaji Lai Mohammed, has said the Federal Government is​​ very focused on the economy and has a definite economic plan. ”Those who think we do not have an economic plan have not taken the pains to check out our plan,” the Minister said in …

The Inspector General of Police, Ag.IGP Ibrahim Idris, on Thursday, July 14, 2016, paid courtesy visit on the Chairman, Police Service Commission (PSC), Dr. (Sir) Mike Okiro, IGP (Rtd) in his office in Abuja and said during the visit that he came with his management team to solicit the support …

The Senate on Thursday expressed surprise that the All Progressives Congress (APC) leadership made comments on mere speculation and fabrication by an online publication on a purported plan to impeach President Muhammadu Buhari when it had all the opportunity to cross-check what actually happened at the executive session which held …

President Muhammadu Buhari has approved the recommendation of the Committee charged with investigating the Defence Equipment Procurement from 2007 to 2015, for further investigation of those involved, after the committee found a number of irregularities in the contract awards. According to a statement by AVM Jon Ode (Rtd), President of …

Arsenal FC will officially announce the signing of Kelechi Nwakali at the end of the player’s international commitments. Allwell Nwakali, elder brother of the Golden Eaglets’ FIFA U-17 World Cup winning captain, has again confirmed that the youngster will be the third summer signing to be unveiled by the Gunners. …

Nigerian-born forward, Jordon Ibe has left Liverpool to join Eddie Howe’s ambitious Bournemouth side, in a deal worth £15 million. The Cherries moved swiftly to replace Matt Ritchie, after the 26-year-old joined Newcastle United for £12 million, making Ibe their fifth signing of the summer. Liverpool accepted Bournemouth’s big-money offer …

House of Representatives, Thursday, resolved to probe issues surrounding bailout funds given to states by the Federal Government. It said that it would set up an ad hoc committee to investigate the terms and conditions of disbursement of the funds. The ad hoc committee, according to the lawmakers, will investigate …

Main opposition Peoples Democratic Party (PDP), Thursday, fixed August 17, 2016 as date for its national convention to elect new officers that would take over from the Ahmed Makarfi-led National Caretaker Committee of the Party. And in a move that is seen as a major blow to Senator Ali Modu …

President Muhammad Buhari has directed service chiefs and entire leadership of the nation’s Armed Forces to intensify and perfect current strategies and techniques toward curtailing criminalities across the country. The president gave the directive at the grand finale of the 2016 Nigerian Army Day Celebration (NADCEL) in Gusau, Thursday. Represented …

The Association of Nigerian Electricity Distributors (ANED), Thursday, said that it has appealed against the judgment of a Lagos Federal High Court annulling the 45 per cent electricity tariff hike. ANED is the association of the 11 Electricity Distribution Companies (DISCOs) operating in Nigeria. On July 13, a Federal High …

Minister of State Budget and National Planning, Mrs Zainab Ahmed, Thursday, disclosed that the Bill & Melinda Gates Foundation has expressed its readiness to support the Ministry to improve in effective planning for the country. A statement by Salisu B. Haiba, Assistant Director (Press), quotes Mrs Ahmed as making the …

The Inspector-General of Police, Ag. IGP Ibrahim Idris, has engaged the services of two professional audit firms to undertake the audit of Police investments and subsidiaries. A statement by DCP Don Awunah, Force Public Relations Officer, said that the Police boss made the disclosure while addressing the Board and Management …

Former President of the Senate, Senator David Mark, has urged the federal government to wade into the unabating blood bath in Benue state on account of the farmers and Fulani herdsmen clashes. Scores of persons were reported to have been murdered in cold blood when gunmen invaded Logo, Turan, Mbagber, …

The Federal Government has said that it has not dumped the National Integrated Infrastructure Master Plan (NIIMP); rather, it is faithfully pursuing the noble intensions of the plan, which is to raise infrastructure stock in line with the country’s growth aspirations. According to a statement by Akpandem James, Media Adviser …

The United Nations (UN) has been accused of failing to act quickly enough to save hundreds of thousands of lives in northern Nigeria where a food crisis already killing hundreds of people a day is poised to become the most devastating in decades. Nigerian authorities, who maintain tight control over …