The Abia state government has denied a report that the Governor of the state, Dr. Okezie Ikpeazu, ordered troops of the Nigerian Army to shoot at members of the Indigenous People of Biafra, protesting against the continuous detention of the Director of Radio Biafra, Mr. Nnamdi Kanu. According to a …
Read More »Borno inaugurates committee for establishment of State University
BY ABDULLAHI ISAH, MAIDUGURI The Borno state Governor Hon. Kashim Shettima has inaugurated a 14 man technical committee for the establishment of a multi-billion Naira State University. Inaugurating the committee, Governor Shettima said it is an embarrassment that a state like Borno did not have a state university, while some …
Read More »APC out to decimate opposition – PDP; berates ruling party for ‘destroying democratic values’
The opposition Peoples Democratic Party (PDP) has decried ‘the heinous and draconian agenda of the All Progressives Congress (APC)-led government of President Muhammadu Buhari’ to decimate opposition’ which it said will not succeed as ‘the party is coming up stronger because Nigerians now know better.’ National Secretary of the party, …
Read More »CBN scraps daily dollar sales; explains decision on BDCs
The Central Bank of Nigeria (CBN) has scrapped its daily dollar auction regime. Speaking, weekend, the bank’s director of financial markets said all bids now hold at once. The move comes four days after the bank halted dollar sales to retail currency outlets in a bid to conserve its dwindling …
Read More »NSE introduces rule to protect investors
The Nigerian stock market has introduced circuit breakers to limit price swings as equities plunged the second-most among global stock markets last week. The rule also called “Trading Halts Due To Extraordinary Market Volatility” will give the Exchange powers to halt trading activities for 30 minutes in the event of …
Read More »Buhari to Customs: Donate seized items to IDPs; as NHRC alleges abandonment of 4,723 persons in Taraba camps
President Muhammudu Buhari has directed the Nigeria Customs Service (NCS) to transfer forfeited materials and relief items in various Customs warehouses to designated officials for onward distribution to Internally Displaced Persons (IDPs). The Customs Public Relations Officer, Mr Wale Adeniyi, who disclosed this in Abuja, weekend, also disclosed that the …
Read More »Appeal Court sacks Bayelsa Speaker
NEDU MARK, Yenagoa The Court of Appeal sitting in Port-Harcourt, Rivers State has sacked the Speaker of the Bayelsa State House of Assembly, Mr. Kombowei Benson. A copy of the court’s judgement obtained by newsmen indicated that the April 2015 election that returned the speaker was nullified on December 9, …
Read More »NLNG takes delivery of first of 6 vessels from Korea
The Nigerian Liquefied Natural Gas Limited (NLNG) has taken delivery of one of the six new ships it purchased last year from South Korea. The vessel christened; NLNG Finima 11, was received by a team of NLNG officials led by NLNG Manager Commercial Shipping, Captain Ahmed Hambali Yusuf ,shortly after …
Read More »Nigeria’s economy has not yet collapsed – Amaechi
Minister of Transport, Mr. Rotimi Amaechi, has said that the Nigerian economy has not collapsed as being speculated, stressing, however, that the year 2016 is going to be tough given the fact that crude oil price has not stabilised. Speaking at the Business Eye Roundtable Discussion tiled “Nigerian Economy 2016 …
Read More »Sokoto to carry out verification of staff
Governor Aminu Waziri Tambuwal has said his administration will carry out verification to ascertain the true number of workers on public payroll at the state and local government levels. “In order to reposition the civil service, we will carry out full verification to ascertain the number of workers we have …
Read More »Banker in police net over attempt to defraud wife of Oshiomhole’s aide
AGENE GODWIN, Benin A banker with one of the old generation banks located on Airport Road is currently answering questions at the State Command of the Nigeria Police in Benin over allegations of duping a customer of money running into millions of naira. The suspect, simply identified as Gloria, was …
Read More »Osinbajo commends Airtel for support to less privileged
The Wife of the Vice President, Mrs. Dolapo Osinbajo, has commended Airtel Nigeria for its steadfast support to the underprivileged in the Nigerian society through the Airtel Touching Lives platform. Mrs. Osinbajo, who was the Special Guest of honour at the premiere of Season 2 of Airtel Touching Lives, noted …
Read More »(Photonews) President Buhari at the World Future Energy Forum in Abu Dhabi, UAE
Court rejects Ecobank’s plea in contempt proceedings
Ecobank on Friday failed in its bid to stop the contempt proceedings instituted against it by Honeywell Group. In his ruling, Justice Mohammed Idris of the Federal High Court Lagos rejected Ecobank’s plea for stay of ruling in the contempt charge. This follows an earlier ruling by Justice Idris on …
Read More »NCAA moves to sanction airlines over indiscriminate fare increase
ANTHONY OMOH The Nigerian Civil Aviation Authority (NCAA) has threatened to mete out sanctions on any airline that increases its airfare arbitrarily without filing the proposed add-on charges with the regulatory authority for approval. The NCAA in a statement signed by the General Manger Public Affairs, Sam Adurogboye, warned all …
Read More »Mrs Ambode counsels widows on surmounting challenges
Wife of the Lagos State Governor, Mrs. Bolanle Ambode, has identified closeness to God and a resolve to succeed, as the only pathway for widows to live happily and surmount the challenges of widowhood. She spoke on Saturday at the IWS Skills Acquisition Center, Lekki, where the International Women’s Society, …
Read More »(Opinion) Light Up Lagos project and safety of public infrastructure
RASAK MUSBAU Why Cities Prosper, as a book, should be a required reading for public servants, policy makers, politicians and anyone concerned with economic development. Unarguably, no nation has emerged as one by asking God to solve her problems. For instance, economic powerhouse cities such as New York and London …
Read More »NSCDC sets up task force on fuel price
AGENE GODWIN, Benin The Edo State Command of the Nigeria Security and Civil Defence Corps (NSCDC) said it has set up a task force to monitor to ensure fuel sell at government regulated price of N86.50. The state commandant of the Corp, Mr Chika Akubuiroh disclosed this in an interview …
Read More »Wives of VP, security chiefs donate to Borno IDPs, widows of slain soldiers
ABDULLAHI ISAH, Maiduguri Wife of the Vice President, Mrs Dolapo Osinbanjo, alongside wives of the Service Chiefs, including the Police, under the auspices of the Defence Officers and Police Officers Wives group, has represented relief materials to Internally Displaced Persons (IDPs) and widows of soldiers who lost their lives in …
Read More »Buhari officially writes NASS to correct 2016 budget errors
President Muhammadu Buhari may now officially have written to the National Assembly to formally request the withdrawal of the 2016 Appropriation Bill he had presented to a joint session of the federal legislature on December 22 for adjustment. The president’s letter was reportedly addressed to Senate President Bukola Saraki and …
Read More »Nigeria’s foreign reserves drop by $396m in two weeks
Nigeria’s foreign reserves has plunged by a whopping $108m within two weeks despite the recent decision of the Central Bank of Nigeria (CBN) to ban the sale of foreign exchange to Bureau De Change (BDC) operators in the country. The rate at which the reserves fell in the three days …
Read More »CHAN 2016: Dalung, Pinnick lead Nigeria delegation to cheer Super Eagles
Sports minister, Solomon Dalung and President of the Nigeria Football Federation (NFF) Amaju Pinnick, are at the head of the country’s delegation billed to storm Kigali, in Rwanda to cheer the home-based Super Eagles as Nigeria opens its CHAN 2016 campaign against neighbours, Niger Republic, Monday. The Eagles arrived Kigali …
Read More »TSA: Sokoto uncovers N1.5b in idle accounts
Two weeks after the formal introduction of the Treasury Single Accounting (TSA) system in Sokoto, the state government said it has uncovered the sum of N1.5b lying idle in 100 redundant accounts belonging to it in various commercial banks in the country. The state commissioner of finance, Alhaji Umar Saidu, …
Read More »(Opinion) Appeal Court and Abia governorship tussle
Chibuzo Muo A few days ago, a large crowd of people trooped out in Umuahia, the Abia State capital, to celebrate the victory of Dr Alex Otti at the Court of Appeal sitting in Owerri. Otti was the governorship candidate of the All Progressives Grand Alliance in the April 2015 …
Read More »Saraki orders review of NASS security
Chairman of the National Assembly and President of the Senate, Dr. Abubakar Bukola Saraki has directed a review of all security arrangements in the National Assembly to keep the institution abreast of the current challenges in the country, especially now that the Boko Haram insurgency has receded. According to the …
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