Sixty four days after the abduction of 136 children from the Salihu Tanko Islamiyya School Tegina in Rafi Local Government Area of Niger State, the state government has disclosed that it knows where the bandits and pupils are but it’s concerned about collateral damage. It would be recalled that the government had on several […]
The Senate has uncovered irregularities in the N1.1trillion Federal Government investments in Crown Agents Bank and some other financial institutions in the country. Crown Agents Bank is a United Kingdom (UK) regulated provider of wholesale foreign exchange and crossborder payment services connected across frontier and emerging markets. In the 2015 Auditor-General report, adopted […]
The Central Bank of Nigeria (CBN) has dismissed speculations in some quarters that it plans to convert the foreign exchange in domiciliary accounts of customers into naira in order to address the purported shortage of dollars. The Acting Director in charge of Corporate Communications at the CBN, Mr. Osita Nwanisobi, who disclosed this while […]
A former legal adviser of the All Progressives Congress (APC), Muiz Banire (SAN), has said the party’s congresses may lead to internal implosion of the party. He said the latest development surrounding the legality of the National Caretaker Committee headed by Governor Mai Mala Buni of Yobe State is not good for the party. […]
Court adjourns hearing till Aug. 4 Applicants lawyer condemns harassment of journalists by DSS For the second time in less than a week, hearing in the fundamental rights enforcement suit filed by the 12 persons arrested at the residence of Yoruba Nation agitator, Sunday Adeyemo aka Sunday Igboho, was yesterday stalled before the Federal […]
The Inspector- General of Police (IGP), Mr. Usman Baba, has approved the appointment of Deputy Commissioner of Police Tunji Disu as new Commander, Intelligence Response Team (IRT). Disu replaces DCP Abba Kyari, who was suspended by the Police Service Commission (PSC), following his indictment by a United States’ court on allegations of money laundering. […]
Bayo Akomolafe After contributing more than N2.45billion ($5 million), Nigeria has left the Maritime Organisation for West and Central Africa (MOWCA) over illegality. The country accused the body of disregard for the rules of procedure regarding the eligibility of candidates nominated for the position of the organisation’s secretary general. The Director, Press and Public […]
The two dominant political parties, All Progressives Congress (APC) and Peoples Democratic Party (PDP) , yesterday, slammed the former Chairman of the Independent National Electoral Commission (INEC), Prof. Attahiru Jega over his condemnatipn of both parties and advise to Nigerians to dump them in 2023. Jega, had in a recent interview, described the APC […]
The Nigerian National Petroleum Corporation (NNPC) on Monday listed a plethora of outstanding issues that have to be totally resolved before major oil companies can successfully divest their interests overseas. They include abandonment and relinquishment costs; severance of operator staff; third party contract liabilities; competency of the buyer; post-purchase technical, operational, and financial capabilities, […]
Deposit money banks (DMBs) imported a total of $2.78billion capital into the country in the first six months of this year, findings by New Tele graph show. This represents a 61.09 per cent ($4.37billion) decline from the $7.15billion total capital imported by the lenders in the corresponding period of 2020. According to the […]