…N118.31bn put in road infrastructure Pension assets under the Contributory Pension Scheme(CPS) havecontinued to record substantial appreciation through investments in statutory portfolios. Besides the N9.007 trillion, representing over 65 per cent of the total N14.26 trillion invested in Federal Government’s securities, findings by New Telegraph also show that a total of N1.899 trillion has been […]
President Muhammadu Buhari has reversed his approval of Seplat Energy’s takeover of $1.3 billion ExxonMobil’s shallow water business in Nigeria. Buhari’s spokesperson, Garba Shehu, had also told Premium Times that President Buhari decided the position of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) should be supported, and that the earlier confusion was because “various agencies […]
The presidential candidate of the Labour Party, Mr. Peter Obi, yesterday threw his weight behind the call by the All Progressives Congress (APC) candidate, Sen. Ahmed Bola Tinubu, for the campaign, whenever it starts, to be based on issues and not personality. Obi was reacting to the call by Tinubu, through his campaign organisation, for […]
An Abuja High Court yesterday revoked the bail it earlier granted to Mohammed Usman, the 3rd defendant in the 14 counts of money laundering case filed against the former Accountant General of the Federation (AGF) Ahmed Idris by the Economic and Financial Crimes Commission (EFCC). The EFCC is prosecuting Idris, Usman, Olusegun Akindele, and Gezawa […]
…urges Atiku, Wike to resolve differnces Former Peoples Democratic Party (PDP) Deputy Chairman Bode George has asked the National Chairman Iyorchia Ayu to honour his 2021 promise to resign if the party’s candidate for the 2023 presidential poll is picked from the North. According to him, the emergence of the chairman and flag bearer from […]
The Nigerian Air Force (NAF), Wednesday, said Infighting between Boko Haram, and Islamic State of West Africa Province (ISWAP), facilitated the bombing of the terrorists at a location in Gazuwa community, Borno State. Director of Public Relations and Information (DOPRI), Air Commodore Edward Gabkwet, who made the disclosure in a statement, said the “show no […]
Governor Rotimi Akeredolu of Ondo State has condemned the incursion of religion into the political arena of the country, stressing that it portends danger for the polity ahead of the 2023 general election. Based on this, Akeredolu, who stressed that the solution to the challenges faced in the country will not be found in the […]
Former President Olusegun Obasanjo yesterday lamented that all is not well in Nigeria, advising Nigerians to make the right choice in order to conquer the challenges of insecurity and poverty. Obasanjo, who said insecurity feeds on poverty, vice-versa stressed that now is the time for the nation to make the right choice to avoid being […]
The Fiscal Responsibility Commission (FRC) has charged members of the National Assembly to ensure the wholesome amendment of the Fiscal Responsibility Act 2007, to put an end to impunity and corruption in public finance management in the country. Chairman of the Commission, Chief Victor Muruako, who gave the charge yesterday at a media parley organised […]
Governor of Ondo State, Rotimi Akeredolu, yesterday, cleared the air on the arrest of Idris Ojo as one of those behind the June 5 attack at Saint Francis Catholic Church, in Owo. According to Akeredolu, there was a mix-up in the announcement by the Chief of Defence Staff (CDS), Gen Lucky Irabor, following the disclosure […]