News

The All Progressives Congress (APC) has explained why the National Convention date was changed from June 2 to June 23. The APC had, hitherto, settled for June 2 for its National Convention as contained in a notice to the Independent…

A Nigerian soldier identified as Emmanuel attached to 3 Division of the Nigerian Army, has been arrested for stabbing a colleague, David, to death in Jos, Plateau State. It was gathered that Emmanuel, of the private (Pte) military…

Monica Osagie, the female student of Obafemi Awolowo University, Ile Ife, who went viral on social media months after she audiotaped her lecturer demanding five rounds of s*x for better marks, has finally spoken to CNN about the fallout…

The Federation Accounts Allocation Committee (FAAC) said on Wednesday that members resolved to transfer about N24.5 billion from the revenue for the month in the excess crude account (ECA) — the first since the country’s economy went…

Three commercial banks have been identified to have in their balance sheets, 60 per cent of the N700 billion insider-related bad loans bedevilling the industry, Nigeria Deposit Insurance Corporation (NDIC) has said. Speaking…

No fewer than 350,000 small businesses have benefited from the Federal Government’s interest-free loans, it was learnt yesterday. The beneficiaries of Federal Government Enterprise and Empowerment Programme (GEEP) MarketMoni scheme…

Section 1 of the reviewed N134.8 billion Lagos-Ibadan Expressway will include two toll gates, underpasses and flyovers, the Federal Controller in the Ministry of Power, Works and Housing, Adedamola Kuti, has said. Kuti spoke…

The controversy over the $16billion power projects in the country raged on yesterday with a highly-placed source linked with the Niger Delta Power Holding Company (NPDHC) claiming that between $$8.4billion and  $8.58billion, out of…

The Federal High Court in Abuja on on Thursday voided the 180-legislative-day suspension imposed by the House of Representatives on a former Chairman of the House Committee on Appropriation, Abdulmumin Jibrin,‎ on September 28, 2016.…

Folorunso Alakija, billionaire businesswoman, has narrated how one of her staff defrauded her foundation of N3m. Speaking at an Ikeja high court on Thursday, she narrated how one Vincent Ayewah, a member of staff of her Rose of…

Senators from Kaduna state have accused Nasir el-Rufai, governor of Kaduna, of using private companies to procure foreign loans. The Kaduna senator had blocked a $350 million loan from the World Bank requested by the…

Festus Keyamo, activist lawyer and Director, Strategic Communications of President Muhammadu Buhari Campaign organisation has revealed the greatest mistake ex-President, Olusegun Obasanjo made during his regime as Nigeria’s…

Nigerians have taken to social media to comment on the “jar-war” between President Muhammadu Buhari and ex-President Olusegun Obasanjo. On Tuesday, Buhari said a former president has questions to answer over the $16 billion spent on…

Buhari Support Organisation led by Hameed Ali, the Comptroller-General of Customs Service, President Muhammadu Buhari, said that former President Olusegun Obasanjo has questions to answer over the spending of $16 billion on power…

Pandemonium enveloped the Gombe State House of Assembly, on Thursday during an attempt to impeach the Minority Leader, Ahmed Usman Haruna. It was gathered that efforts to impeach the Minority Leader failed after a physical…

Mojisola Dada, a judge of the special offences court sitting in Lagos on Thursday declared Innocent Chukwuma, chairman of Innoson Motors Nigeria Ltd, wanted over his failure to make an appearance in court for his arraignment for the…

President Muhammadu Buhari has appointed former Inspector-General of Police Musiliu Smith as chairman of the Police Service Commission. Smith will succeed former IGP Mike Okiro. Buhari also appointed five others as members of the…

The immediate past governor of Plateau State and Senator representing Plateau North, Jonah Jang has stated that his being in prison is divinely ordained, stressing that nobody should boast of sending him to prison. Jang stated this…

The Nigerian Electricity Regulatory Commission says it has given approval to 22 companies to take over the distribution and installation of prepaid meters. According to a statement by Usman Abba-Arabi, NERC’s general manager, public…

The National Universities Commission (NUC) has released a list of 58 illegal universities operating in the country. In a bulletin dated May 14, the commission said certificates obtained from any of the institutions are invalid.…

Banks are not keen on lowering lending rates even if the Central Bank of Nigeria (CBN) brings down its benchmark interest rate, investment and research firm Renaissance Capital (RenCap) has said. It projected that the CBN-led…

Former President Olusegun Obasnjo came under fire yesterday following President Muhammadu Buhari’s remark that $16 billion was wasted on power projects, without result, during his administration. Although Obasanjo said the National…

With the controversy stirred by allegations and counter-allegations over the alleged $16 billion investment in the National Integrated Power Project (NIPP) still raging, another report has shown the identities of 27 companies that…

The Federation Account Allocation Committee (FAAC) yesterday shared N701.022 billion to  the three tiers of government as federal allocation for May, 2018. The figure was described as “an improvement from N626.8 billion shared in…