Pupils in Lagos State will from January eat once a day on the government’s account, Governor. Akinwunmi Ambode said yesterday. Ambode announced the commencement of the “A-Meal-a-Day” programme in public primary schools, when he presented […]
Former Minister of Petroleum Resources Mrs Diezani Alison-Madueke is not dead, it was learnt last night. Sources close to the family denied the rumour of her death which was spread on the social media.
Six commercial banks are likely to seek mergers and acquisitions in the New Year – no thanks to the shock created in their assets and balance sheet sizes in the face of declining oil prices. […]
Kemi Adeosun spent most of the past four years clamping down on corruption and turning around the finances of Ogun, a Nigerian state of five million people. Now she is tasked with doing the same […]
LAGOS — There appears to be increasing tension and instability in the Nigeria’s foreign exchange market with depreciation of Naira accelerating as the Central Bank of Nigeria, CBN, and the banks push for more restrictions […]
The Economic and Financial Crimes Commission has arrested the Managing Director of Stallion Group, Harprrie Singh, for allegedly making N1.3billion ‘questionable payment’ to a former Minister of State for Finance, Bashir Yuguda. The Nigerian conglomerate, […]
Lagos—Governor Akinwunmi Ambode of Lagos State yesterday presented the state’s 2016 budget proposal of N662.588 billion to the House of Assembly, with a pledge that his administration will not only implement the budget faithfully, but […]
African-Americans have become a shrinking presence in the boardrooms of the biggest U.S. companies in recent years, setting back a push by pension funds for greater diversity. African-Americans, who make up about 13 percent of […]
A businessman and founder of Daar Communications Plc, Chief Raymond Dokpesi, finally left detention on Wednesday after spending three days in Kuje prison in Abuja, where a Federal High Court in Abuja remanded him pending […]
Police have killed at least three Shia Muslim protesters after opening fire in the northern city of Kaduna, the spokesman for the religious minority in Nigeria said, as activists accused soldiers of having killed hundreds […]
Economic and Financial Crimes Commission (EFCC) detectives yesterday began a massive search for more assets of suspects in the N31 billion arms funds probe. The agency sent a special team to Kaduna, Zaria and Sokoto […]
U S President Barack Obama has appointed a Nigerian, Adewale ‘Wally’ Adeyemo who served in top roles at the Treasury Department to succeed Caroline Atkinson as his deputy national security adviser for international economic affairs. […]
ABUJA — The Senate, yesterday, approved the Medium Term Expenditure Framework, MTEF, and Fiscal Strategy Paper, FSP, 2016-18 submitted by the Federal Government, basing the financial estimates on oil revenue at benchmark of $38 per barrel […]
Nigeria has withstood mounting pressure to devalue the naira since March, defending the currency against events ranging from the crash in oil prices to being booted out of one of the world’s biggest emerging-market bond […]
UMBRELLA body of Christians in Nigeria, the Christian Association of Nigeria, CAN, last night protested the attempt by the current All Progressives Congress, APC, government to subtly enlist Nigeria among Arab nations to fight ISIS. […]
THAT you Col. Mohammed Sambo Dasuki whilst being National Security Adviser and Shaibu Salisu, whilst being the Director of Finance and Administration in the Office of the National Security Adviser on or about 17th April […]
I believe that a nation need not be a fixed, immutable entity, but a living organism, susceptible (in keeping with laid out procedures and according to the wish of its constituent elements) to growth or […]
Facebook activated its “Safety Check” feature in Nigeria after more than 30 people were killed and dozens wounded in a blast at a market in the northeastern city of Yola. Mark Zuckerberg, founder of the social […]
Iran has summoned the Nigerian Charge d’Affaires in Tehran to protest against deadly clashes between Shia Muslims in the country’s north and the army. Iran’s foreign ministry called the violence between the military and followers […]
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