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JUST IN: Gas explosion, boat capsizes in Lagos

  Reports just reaching New Telegraph are indicating that Lagos State has been hit by two mishaps that happened on Tuesday following a gas explosion that rocked the Ajao Estate area of the city and a boat that capsized in the evening. These are developing stories and more updates will be provided as soon as […]

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AfDB: Independent Panel clears Adesina of wrongdoing

  An independent panel of experts, headed by former Irish President Mary Robinson, has cleared the President of the African Development Bank (AfDB), Dr. Akinwunmi Adesina, of corruption, according to a report obtained by AFP. Adesina, 60, a charismatic speaker known for his elegant suits and bow ties, became the first Nigerian to helm the […]

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Agusto: Banks wrote off N1.9trn impaired loans in 4 years

Naira weakens further to N475/$1 on parallel market In the last four years, the Nigerian banking industry wrote off a minimum of N1.9 trillion of impaired loans from its loan portfolio due to the  2015/2016 recession, the Agusto & Co 2020 Banking Report has said. Highlights of the report, which were posted on Agusto & […]

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PTF extends eased lockdown till August 6th

The Presidential Task Force on COVID-19 has extended the second phase of eased lockdown by another week till August 6th.   This came as the Minister of Transport, Rotimi Amaechi, threatened to shut down the rail transport billed to reopen tomorrow again if passengers are flouting the non-pharmaceutical measures put in place by the government […]

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FG okays schools reopening on August 4

As WASSCE commences August 17   The Federal Government has given the nod to students in graduating classes in secondary schools throughout the country to resume academic activities from August 4.   In the same vein, the West African Senior Secondary Schools Examination (WASSCE) conducted by the West African Examinations Council (WAEC), has been scheduled […]

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NCAA, NAMA, airlines, others meet on int’l flight resumption

A committee made up of the Federal Airports Authority of Nigeria (FAAN), Nigeria Customs Service (NCS), Nigerian Immigration Service (NIS), Airline Operators of Nigeria (AON), Nigerian Civil Aviation Authority (NCAA), Nigerian Airspace Management Agency (NAMA), Airport Security Committee, Ground Handlers Association, Department of State Services (DSS), Freight Forwarders Association, the Nigeria Civil Aviation Committee and […]

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Senate: Akpabio blackmailing us over NDDC contracts

The war of words between the National Assembly members and the Minister of Niger Delta Affairs, Godswill Akpabio, over Niger Delta Development Commission (NDDC) contract awards, yesterday, worsened, with the Senate describing Akpabio’s allegation as a cheap blackmail and fallacy of the highest order.   The position of the Senate was expressed by the Chairman, […]

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NBS: FG collected N651.77bn VAT in six months

The Federal Government recorded 8.45% growth year-on-year on Value Added Tax (VAT) generation with collection of N651.77 billion in the first half year 2020, National Bureau of Statistics (NBS) confirmed yesterday.   The figure is against N600.98 billion generated in first half year 2019. NBS sectoral distribution revealed that Professional Services generated the highest amount […]

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Military to officers: No room for mutiny, disloyalty

The military high command has warned officers and personnel against acts of disloyalty, reminding them of the oath of allegiance and total loyalty to constituted authority in the country. While warning against acts that constituted mutiny, the Armed  Forces of Nigeria renewed its mandate “to suppress insurrection and act in aid of civil authorities to […]

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COVID-19: Nigeria records 648 new cases, total exceeds 41,000

…as PTF extends Phase 2 lockdown The Nigeria Centre for Disease Control (NCDC), on Monday, announced 648 new cases of COVID-19, bringing the total number of infections in the West African nation to 41,180. Two deaths were recorded from the virus in the past 24 hours pushing the total number of confirmed deaths from the virus to 860. According […]

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