Court Affirms Dasuki’s Bail in Arm Deal Trial, Adjourns Trial to February 24, 2016
An Abuja High Court has again reaffirmed the bail granted former National Security Adviser, Colonel Sambo Dasuki and five others in the arm deal trial involving $2.1bn. Justice Baba Yusuf…
ENI to refurbish Port Harcourt refinery, build power plant
A Memorandum of Understanding between Italian oil giant ENI and Nigerian National Petroleum Corporation was signed in Rome today with ENI committing to the refurbishment of the Port Harcourt Refinery….
Suspected fraudster docked for $267,000 love scam
The Economic and Financial Crimes Commission, EFCC, on Monday, 23 January, 2017 arraigned Akintunde Vincent Abiodun before Justice Oluwatoyin Ipaye of Lagos State High court Ikeja on amended charge bordering…
Buhari, Osinbajo review Gambia situation on phone as Acting President seeks a more united AU
President Muhammadu Buhari and Vice President Yemi Osinbajo spoke on phone Sunday night, reviewing local and other developments including the situation in Gambia, where Nigerian troops are playing a leading…
SEC floats N5bn investors’ protection fund
The Securities and Exchange Commission (SEC) says it has instituted a N5 billion investors’ protection fund to compensate investors in line with the Capital Market Master Plan. The Director-General, SEC,…
BVN muddle delays payment of N-Power stipends
The National Orientation Agency (NOA), said on Monday that wrong Bank Verification Numbers [BVN] and account numbers provided by beneficiaries of the N-power job was responsible for delay in payment…
Reps query BoI chief over N500bn power-airline intervention fund
The House of Representatives on Monday queried the Acting Managing Director of the Bank of Industry (BOI), Mr Waheed Olagunju, over the N500 billion power and airline intervention fund (PAIF)….
Femi Kuti, in Maiduguri, urges stars, fans to focus on Boko Haram victims
Nigerian musician Femi Kuti on Monday urged his fellow celebrities and their fans to take to social media and pressure the government to do more to help millions of people…
FG pays Chinese firm N72bn for Lagos-Ibadan railway project, Amaechi urges NASS to approve $30bn loan
President Muhammadu Buhari led Federal Government has released N72 billion counterpart funding for the construction of Lagos-Ibadan modernisation railway project. The Minister of Transportation, Mr Rotimi Amaechi made this known…
Danbatta to deliver UNN’s 46th convocation lecture
The Executive Vice Chairman of the Nigerian Communications Commission (NCC), Prof Umar Garba Danbatta, will on Thursday January 26, 2017, join the league of eminent Nigerians who deliver the Convocation…