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 […]
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 […]
Arik Air has suspended its international flight operations to the London and Johannesburg routes. The spokesman of the Asset Management Company of Nigeria, AMCON, Jude Nwauzor, made the announcement in a statement issued on Tuesday […]
A court has ordered that the $9.8 million and 74,000 pounds recovered from a house belonging to Andrew Yakubu be forfeited to the Nigerian government. The anti-graft agency, EFCC, last Friday announced it recovered the […]
A Federal High Court in Abuja heard yesterday how a former Chief of Air Staff (COAS), Mohammed Dikko Umar, allegedly splashed N2.38 billion on five choice houses in Abuja, Kano and Kaduna. The court was […]
The Federal Government plans to generate as much as $16.4 billion through assets sale in the next four years to reduce the burden on the public budget, a Budget Ministry document, has shown. The sales […]
The Nigerian National Petroleum Corporation (NNPC) yesterday said it would convert the $144 million Premium Motor Spirit (PMS) or petrol foreign exchange (forex) intervention to Automative Gas Oil (AGO) or diesel. This decision was part […]
Nigeria has successfully raised $1 billion Eurobond at the International Capital Market (ICM) to fund key projects –roads, railways and power. Fund managers, mainly United States (U.S.) investors, dominate the allocation of the offer, which […]
The Minister of Health, Prof. Isaac Adewole, on Monday, said President Muhammadu Buhari and his medical doctors were the only competent set of people who could say why he (Buhari) was seeking treatment in a […]
Two persons are feared dead after a tanker loaded with petrol skidded off the road and spilled its content at Coconut under bridge along Apapa Road, Lagos State, and later caught fire. No fewer than […]
The Independent National Electoral Commission said on Monday that it had started preparations for the 2019 general elections. The Chairman of the commission, Prof. Mahmood Yakubu, told the House of Representatives’ Committee on Electoral Matters, […]
Outgoing Governor of Ondo State, Dr. Olusegun Mimiko, has said former President Olusegun Obasanjo threatened him and also pleaded with him not to resign from his government as a minister. Mimiko, who was the Minister […]
President Muhammadu Buhari was said to have spoken to President Donald Trump on the telephone on Monday afternoon at the request of the American President. The Special Adviser to the President on Media and Publicity, […]
The Independent Corrupt Practices and other related Offences Commission recovered about N8.7bn in 2016. The Chairman of the commission, Mr. Ekpo Nta, said this in his presentation at a media parley on Monday in Abuja. […]
The Federal High Court in Abuja has held that Mr Goodie Minabo Ibru is the authentic chairman of Ikeja Hotels Plc. It nullified an extra-ordinary general meeting (EGM) by the hotel held on January 6, […]
The Economic and Financial Crimes Commission( EFCC) is hunting for another former Group Managing Director of the Nigerian National Petroleum Corporation( NNPC) in connection with the ongoing probe of a former Minister of Petroleum Resources, […]
The Presiding Bishop of the Living Faith Church Worldwide, a.k.a. Winners Chapel, Bishop David Oyedepo; the Vice-Chancellor of the University of Ilorin, Prof. Abdulganiyu Ambali; the Vice-Chancellor of Summit University, Offa, Kwara State, Prof. Hussein […]
The Nigerian Bar Association has expressed concern about the ongoing trials of judges on corruption charges. The umbrella body of all Nigerian lawyers said it had therefore constituted a team of senior lawyers to keep […]
The Nigerian Bar Association has expressed concern about the ongoing trials of judges on corruption charges. The umbrella body of all Nigerian lawyers said it had therefore constituted a team of senior lawyers to keep […]
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