Reps to investigate alleged award of N19.2bn railway contract to non-existent company
The House of Representatives is set to investigate the N19.2 billion railway rehabilitation contract awarded to Eser Contracting Industry Company Incorporated in March 2011. The resolution followed the unanimous adoption…
Alleged Money Laundering: Court sets Atiku’s son-in-law, Abdullahi Babalele free
A Federal High Court sitting in Lagos has freed Abdullahi Babalele, a son-in-law to former Vice President, Atiku Abubakar on a two-count allegation of alleged money laundering of $140,000. Justice…
Military airstrike kills scores of BHT, destroys gun trucks in Borno
The Defence Headquarters says the Air Task Force (ATF) of Operation Lafiya Dole has killed scores of Boko Haram terrorists and destroyed their gun trucks in air strikes at Ajiri…
Senate Passes N13.5trn 2021 Budget
The National Assembly has passed the 2021 budget raising the proposed estimate of N13.082 trillion to N13.588 trillion. This is an increase of a N506 billion proposed by the executive….
AfCFTA, opportunity to increase intra-African trade by over 50%, add $76bn in income to the rest of the world – Report
The African Continental Free Trade Area (AfCFTA), due to launch in January 2021, is likely to be a watershed for African regional and international agri-food trade, a new report said….
NDIC Commences Closure of 42 Microfinance Banks After CBN’s Directive
The Nigeria Deposit Insurance Corporation (NDIC) has commenced the closure of 42 microfinance banks after a directive from the Central Bank of Nigeria (CBN). The NDIC had earlier on Friday…
China says strongly opposes U.S. bill that could remove Chinese firms from U.S. exchanges
China said on Monday it firmly opposed U.S. President Trump signing a bill that would kick Chinese companies off U.S. stock exchanges unless they adhere to U.S. auditing standards, saying…
APC confident those defecting to party will add value
The All Progressives Congress (APC) has expressed confidence that those defecting to it from opposition political parties will contribute to its growth and development. Sen. John Akpanudoedehe, Secretary, APC Caretaker…
COVID-19: Nigeria must take necessary precautions, suspend flights temporarily from UK – Atiku tells FG
Former Vice President Atiku Abubakar on Sunday urged the federal government to immediately restrict flights, temporarily, from the United Kingdom. Atiku’s call comes on the heels of the news of…
Security remains a work in progress, let’s be thankful for small mercies – AdesinaÂ
The Senior Special Adviser on Media and Publicity to President Muhammadu Buhari, Mr. Femi Adesina, has urged Nigerians to continue to exercise patience with the Federal Government especially with regard…