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Nigeria’s Growth Excites World Bank
The World Bank Group is excited with the growth of Nigeria and expressed satisfaction with the performance of the economy. The commendation was contained in a statement by the bank on Monday, after the conclusion of a visit to…
INVESTIGATION: When Generals Turn Bandits: Inside the massive corruption in Nigeria’s security…
“…with the NSA involved I was fine with it. Afterall he is the chief accounting officer of Nigeria’s national security. If he wants to buy it at N100 billion who am I to say no?”Two years ago, as the late evening sun cast the cityscape…
Nigerians in Europe pay half a million naira for child circumcision
A cross-section of Nigerians in Europe have decried the high fees being charged for circumcision of baby boys in clinics. The Europe Correspondent of the News Agency of Nigeria on Tuesday reported that the procedure is not common in…
BREAKING: N’Assembly increases 2018 budget from N8.6trn to N9.1trn
The national assembly has increased the size of the 2018 budget to N9.120 trillion from N8.612 trillion. The details of the budget were listed on the order paper available at the senate. The budget was laid by Danjuma Goje,…
White House ‘owner’ sues President Trump for $240,000 unpaid rent
A man claiming to be the true owner of the White House has filed a complaint alleging that President Donald Trump owes him quite a bit in unpaid rent. William Feegba, who is representing himself, filed the landlord/tenant complaint…
EFCC arrests six notorious ‘yahoo boys’ at their hideouts in Abuja
Operatives of the Economic and Financial Crimes Commission, EFCC, have arrested six notorious internet fraudsters also known as ‘yahoo yahoo boys’ in one of their hideouts in, Kubwa area, Abuja. The arrested suspects are Ihoeghian…
Lady who tattooed Davido’s face on her bare chest allegedly missing
The lady who tattooed Davido’s face on her bare chest, Natacha Akide (@SymplyTacha), has been reportedly missing since last week Friday. This was made known in a Facebook post by Sampson Ladi on her page, Symply Tasha. Samson Ladi…
Banker links Fayose to N1.2bn allegedly collected from Dasuki
The Zonal Head of the Zenith Bank Plc, Mr. Lawrence Akande, on Monday linked Governor Ayodele Fayose of Ekiti State to the N1.2bn allegedly received from the Office of the National Security about a month to his second term election in 2014.…
I will allow naira to float so as to attract foreign investment – Atiku Abubakar
Former Vice President of Nigeria Atiku Abubakar has said that he will privatise parts of the Nigerian National Petroleum Corporation (NNPC) and allow the naira currency to float to attract foreign investment, if he is elected president in…
With the 2019 Race Wide Open, Where are Buhari’s Opponents?
Other than its barrage of press statements and attempts at propaganda calling out the Buhari administration and the All Progressives Congress (APC) over their missteps, the Peoples Democratic Party (PDP), since its December convention…
Oando Shareholders Want Management to Resolve Dispute with Ansbury
A group of Oando shareholders have called on the company’s management to resolve its dispute with Ansbury Investments Incorporated. In a statement released yesterday, the shareholders,who referred to themselves as Concerned Oando…
Shun ultimatum for talks – Ex-PDP leaders tell Buhari
Another group of ex-Peoples Democratic Party (PDP) leaders, who joined the coalition that formed the All Progressives Congress (APC) in 2014, yesterday slammed those who claimed that the group was marginalised. Last week, a one-time…
Nigerian Big Boys, David Cole and Kuffour Duval Arrested For Wire Fraud In Houston, Texas (Photos)
Two Nigerian citizens, both of whom reside in Houston, have been ordered to federal prison for perpetuating a wire fraud scheme involving various internet scams, announced U.S. Attorney Ryan K. Patrick. Idowu Olugbenga Temetan aka David…
Party Convention: APC Crisis Deepens Over Power Sharing Formula
Despite the crises that dogged the ruling All Progressives Congress (APC) over the conduct of its ward and local government congresses nationwide, the party may be enmeshed in another crisis ahead of its national convention scheduled…
Corruption started after me – Yakubu Gowon
•Adds: ‘We didn’t know corruption during our time’•It’s a lie, your govt also guilty – Sagay, Musa, Fasehun, Okurounmu•We need solution, not blame games — Adebanjo IF succeeding regimes had checked corruption as his government did,…
We will allow Omo- Agege resume plenary today – Senate
THE Senate yesterday said that as an institution, it will respect the ruling of the court by allowing the suspended Senator Ovie Omo- Agege, APC, Delta Central resume plenary today.A statement late yesterday night by the Chairman,…
Lagos-Otta-Abeokuta road to cost N22.387b
The Federal Government, through the Federal Ministry of Power, Works and Housing, yesterday kicked off rehabilitation of the Lagos-Otta-Abeokuta Road. Ministry officials led an inspection tour of the road from Ile Zik Bus Stop in…
UTME: JAMB pays N1 billion to CBT centres – Official
The Joint Admissions and Matriculation Board (JAMB) says it has paid about N1 billion to owners of Computer-Based Test (CBT) centres nationwide for their services for the 2018 Unified Tertiary Matriculation Examination (UTME). The…
Ramadan: Prices of foodstuffs soar in Lagos
Prices of some food items like tomatoes, beans and onions have increased in Lagos markets ahead of the annual Ramadan by Muslims, the News Agency of Nigeria (NAN) reports. A survey by NAN on Monday at Mile 12, Iddo and Oyingbo…
I may report for Senate’s plenary today, says Omo-Agege
SENATOR Ovie Omo-Agege (Delta Central) has said that he will likely to attend today’s plenary of the Senate, following the judgment of the court, which declared his suspension illegal. Senator Omo-Agege told reporters at the APC…
Money laundering: CBN goes hard on banks
• Non-compliant bank’s Boards may be removed The Central Bank of Nigeria (CBN) and the Office of the Attorney General of the Federation (OAGF) have approved new administrative sanctions regime against banks and their staff who fail…
FG ready to spend over N30 billion on metering – Fashola
Minister of Power, Works and Housing Babatunde Fashola says the problem of metering for electricity consumers in Nigeria will soon be addressed as his ministry has issued a regulatory framework to licence meter asset providers, setting…
MTN pays N500,000 to customer over illegal deduction of call credit
MTN, telecommunications giant, on Monday, paid N500,00o to one of its customers, Oluwole Aluko, in compliance with a federal high court judgement. Aluko, a legal practitioner, had in 2016 sued MTN, alleging unlawful deduction of his…
Focus More On Mini- Grids, Fashola Advises Investors In Power Sector
The Minister for Power, Works and Housing, Mr. Raji Fashola has advised investors to focus their investments in the building of mini-grids which can be done without waiting to be licensed and can be quickly deployed. The minister…