Acting Inspector-General of Police, Mr Ibrahim Idris, has engaged the services of two audit firms to undertake the audit of Nigeria Police Force (NPF) investments and subsidiaries. The audit firms are; Messers Nsebot William & Co. and Gbenga Abimbola & Co. The order is contained in a statement issued by …

The Board of Directors of Nigeria LNG Limited (NLNG) Thursday approved Tony Attah as successor to Babs Omotowa, Managing Director and Chief Executive Officer, who after nearly five years at the helm of affairs of NLNG will be returning to Shell International in the Hague, ‎Netherlands. A statement by Dr. …

The ruling All Progressives Congress (APC) has dismissed reports of an alleged plot by some senators to impeach President Muhammadu Buhari as’ laughable and a huge joke taken too far,’ even as the Yoruba and Igbo socio-cultural groups frowned at the alleged move by the lawmakers. The impeachment move against …

Ministries, Departments and Agencies (MDAs) are indebted to the Federal Government to the tune of N178.56bn. The Debt Management Office, which disclosed this in a report entitled: ‘Federal Government On-lent Loans to MDAs’, said 11 MDAs benefitted from the money lent to them for infrastructure development projects. According to the …

Main opposition Peoples Democratic Party (PDP)has told President Muhammadu Buhari to evolve a means of arresting the slide in the country’s economy, adding that the generality of Nigerians are suffering. Reiterating its position on the need to restructure the country, the party said restructuring remained the only solution to the …

Nigeria Football Federation (NFF) is set to receive a massive financial boost from world soccer ruling body, FIFA. FIFA announced, Wednesday, it would from next year be increasing financial support to member federations. According to a release by the football body, the cash support would represent a 312 percent increment. …

The Economic and Financial Crimes Commission has sealed off a real estate firm, The First Group Company, for allegedly defrauding prominent Nigerians to the tune of $200bn. The company is also believed to be behind the purchase of properties for the Chief of Army Staff (COAS), Major Gen Tukur Buratai, …

Cable TV firm, MultiChoice Nigeria, has announced Super Eagles and Watford football club striker, Odion Jude Ighalo as its brand ambassador. The endorsement deal was signed recently at the MultiChoice head office in Victoria Island. Ighalo will feature in a soon to be launched DStv campaign which includes TV, Out-of-home, …

The new debt management strategy policy (2016-2019) of the Debt Management Office (DMO) is a clear departure from the past. The new guideline gives a reprieve to the nation on debt service payment, ABDULWAHAB ISA writes With a provision of N2.2 trillion deficit in the 2016 budget, the Federal Government …

President Muhammadu Buhari has said that security situation has improved in the country since he took over the mantle of leadership. Buhari said the situation would continue to improve under his leadership. The President stated this, Wednesday in Wanke village in Gusau Local Government Area of Zamfara during a one-day …

House of Representatives, Wednesday, urged the Federal Government to halt any plan to increase electricity tariff by 100 per cent in the country. This followed the unanimous adoption of a motion under matters of urgent public importance raised by Rep. Aliyu Madaki (APC-Kano). Moving the motion, Madaki said that the …

Lagos State Governor, Mr. Akinwunmi Ambode on Wednesday presided over the State Executive Council Meeting held at the VIP Chalet in Badagry, just as he said that his administration has fine-tuned plans to make the ancient town of Badagry a hub of tourism and resort enterprise in Africa within the …

United Kingdom’s new Prime Minister, Mrs. Theresa May has vowed to lead a “one nation” government that works for all not just the “privileged few”. Speaking outside 10 Downing Street after being appointed by the Queen, she said it would be her mission to “build a better Britain”. She promised …

Senate President, Dr. Abubakar Bukola Saraki, on Wednesday called on the Economic Community of West African States (ECOWAS) Parliament to work towards deeper integration and effective security for persons in the sub-region. Saraki who made the call when the Speaker of the ECOWAS Parliament, Hon. Mustapha Cisselo, led other management …

An audit panel set up by Governor Ifeanyi Ugwuanyi of Enugu State to conduct staff audit bio metric capturing exercise in the seventeen (17) local government councils in the state has discovered a total of three thousand, nine hundred and sixteen (3,916) ghost workers in the system. Presenting the report …

The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), representing oil workers has suspended a strike that some feared would lead to fuel shortages and disrupt crude production, one of its leaders said on Wednesday. The strike by about 10,000 members of the Petroleum and Natural Gas Senior …

Recent appointment of Hadiza Bala Usman as the new Managing Director of the Nigerian Ports Authority, (NPA) has come under severe criticisms by a notable pan-Yoruba group. “Four people again have been appointed to man the NPA. All but one of them are Northern Muslims and from Mr President’s ethnic …

Former governor of Sokoto State and now Chairman of the Senate Committee on Basic and Secondary Education, Senator Aliyu Magatakarda Wamakko, has said that the recent series of meetings held by the lawmakers were not linked to any planned to impeach President Muhammadu Buhari. Senator Wamakko, representing Sokoto North Senatorial …

Office of the Accountant-General of the Federation, has engaged the services of 18 professional Audit companies to undertake the Process Audit of Federal Parastatals and Agencies. A statement signed by Mr. Ifeanyi Okereke, on behalf Deputy Director, Press OAGF, explained that the move is in line with the Federal Government’s …

The Nigerian Stock Exchange (NSE) has intensified effort to guard against failure of businesses through forceful and unauthorized access to the data bank of organizations leading to stagnation of processes and operations and eventual failure. At the Nigerian Capital Market Information Security Forum which held at the NSE Lagos, stakeholders …

Troops of 119 Task Force Battalion stationed in Kangarwa northern Borno State, have successfully repelled an attack by Boko Haram terrorists Tuesday evening. The attack which started at about 6.30pm, was successfully repelled after about three hours of exchange of heavy gunfire that inflicted tremendous casualty on the terrorists. Unfortunately, …

• Global sales reach 268,886 units in June for 11.4% year-on-year growth • Kia achieves best-ever first half global sales of 1,470,822 units • Kia records monthly year-on-year sales growth in China (17.4%), Korea (16.7%), North America (15.4%) and Western Europe (13.9%) and general markets* (0.4%) in June • Kia’s …

Nigeria has expressed its support for any regional initiative geared towards eliminating the scourge of piracy and maritime crimes especially in the Gulf of Guinea. This position was advocated by the Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA) Dr. Dakuku Peterside at the on-going International Maritime …

The Seventh monthly meeting of the Minister of Power, Works and Housing, Mr. Babatunde Fashola SAN, and Power Sector Operators rose in Benin on Monday with the Minister announcing positive developments in the nation’s quest towards achieving incremental power. Fashola, who chaired the meeting at the Benin Transmission Station, Edo …

Kwara State Governor, Dr Abdulfatah Ahmed has again reaffirmed his call for a restructured, self accounting and viable local government system as the most enduring panacea for the challenges in the payment of salaries of local government workers, primary and junior secondary teachers. According to the governor, “the present third …