The Asset Management Corporation of Nigeria (AMCON) is shopping for investors for troubled carrier Arik Air. AMCON told the Senate Committee on Banking, Insurance and other Financial Institutions that Nigeria’s biggest airline would have stopped […]
The Federal Executive Council (FEC) yesterday approved a new National Health Policy. Minister of Health Prof. Isaac Adewole, who stated this yesterday, also said the University don Ezibe Madueke, who recently came up with a […]
A filmmaker, Seun Egbegbe, is to remain in prison till Tuesday when the Federal High Court in Lagos will hear his bail application. The Police Special Fraud Unit last Friday arraigned Egbegbe (also known as […]
The Attorney General of the Federation and Minister of Justice, Mr. Abubakar Malami (SAN), has said there are corruption allegations in the Central Bank of Nigeria’s foreign exchange allocation and transactions. Malami added, on Wednesday, […]
The Asset Management Corporation of Nigeria on Wednesday said Arik Air and the other firms belonging to its principal promoter, Johnson Arumemi-Ikhide, was indebted to it to the tune of N263.7bn. This is apart from […]
The Governor of Ekiti State, Ayodele Fayose, on Wednesday visited the headquarters of the Federal Ministry of Finance and demanded the release of the state’s N1.1bn budget support facility for the month of January. Fayose […]
The eight-year-old trial of a former governor of Oyo State, Rashidi Ladoja, for an alleged fraud of N4.7bn, was stalled on Tuesday due to lack of preparation by the Economic and Financial Crimes Commission. The […]
President Muhammadu Buhari is set to return from the United Kingdom where he is spending his vacation, Senior Special Assistant (Media) to the president Malam Garba Shehu, has said. In a television interview aired yesterday, […]
The Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, has said the country lost as much as $100bn in revenue last year as attacks by militants in the oil-rich Niger Delta cut crude output […]
A LIST of suspects who will face trial over the $151million and N8billion found in fictitious bank accounts is in the works, The Nation learnt yesterday. On the “long” list are bankers and civil servants, […]
Members of the House of Representatives are unhappy with what they consider to be the “horrible” condition of military barracks in the country, particularly those occupied by soldiers. Lawmakers said this on Tuesday during a […]
Some visually-impaired pupils of King’s College, Lagos State, their special teacher and parents say there are no learning facilities for the blind in the school. The pupils and their teacher accused the school of failing […]
The Secretary to the Government of the Federation, Babachir Lawal, has given a hint of the possibility of President Muhammadu Buhari seeking a second term in 2019. Lawal gave the hint while addressing a pro-Buhari […]
Former Vice-President Atiku Abubakar on Tuesday said any decision on the restructuring of the country would be taken by the people and not by the politicians alone. Abubakar said this in Minna, Niger state capital, […]
The Central Bank of Nigeria (CBN) says fake naira notes in circulation are less than one percent. The CBN was reacting to statement credited to Obadiah Mailafia, an ex-deputy governor of the bank, who claimed […]
It is incomprehensible that Nigeria, the largest black nation in the world and a dominant economic and military power in Africa, would roll out its heavyweight leaders, including former President Olusegun Obasanjo and Africa’s richest […]
Today, I am sufficiently ideologically rooted in Africa to want to return to Adebola Ifasanmi but I am not going to do that to you. You slept ten years ago happy with your work, Pius […]
These are no ordinary times. In the annals of Nigerian history, this time is a terrible period of want, insecurity, economic upheaval and social failure. Nigerians need to be inspired and enthused. No leader, no […]
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