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Dismissing Lecturer over Sexual Harassment, Not Enough’ ICPC Tells OAU
The Independent Corrupt Practices and Other Related Offences Commission (ICPC) yesterday informed authorities of the Obafemi Awolowo University (OAU), Ile-Ife, Osun State that mere dismissal of Prof. Richard Akindele of the Department of…
CBN Directs Banks to Bid for First Chinese Yuan Auction
The Central Bank of Nigeria (CBN) yesterday commenced its intervention in the sale of foreign exchange in Chinese Yuan (CNY), signaling the consummation of the bilateral currency swap agreement it signed with the People’s Bank of China on…
Osinbajo orders 72-hour joint operation to clear Apapa traffic gridlock
Vice President Yemi Osinbajo yesterday directed security agencies and relevant bodies to commence a 72-hour joint operation to restore order around Apapa and environs with a view to easing vehicular movement in that part of Lagos.…
FAAC gives in to pressure, disburses N668bn from federation account
Civil servants across the country can now heave a sigh of relief after the Federation Accounts and Allocation Committee (FAAC) reached a compromise to release N668.898 billion to the three tiers of government for the month of May,…
2019: Atiku launches presidential campaign Today
Former Vice President Atiku Abubakar will formally open his presidential campaign on Saturday, following “several months of consultations with critical stakeholders in Nigeria and members of the Peoples Democratic Party (PDP),” his…
Man Utd ahead of Real Madrid, Barcelona as Forbes names most valuable sports teams
Manchester United are the second most valuable sports team in the world according to Forbes. The Premier League club are worth an incredible £3.16 billion according to the magazine. United are ahead of both La Liga giants, Real…
How we got 125 votes after spending N50 million in Ekiti – ANRP
A gubernatorial aspirant under the platform of Abundant Nigeria Renewal Party (ANRP), Mr. Olalekan Dotun Ayorinde has narrated how his party, ANRP, got a total number of 125 votes after spending the sum of N50 million for the just…
Burberry destroyed over £90M of stock to guard against counterfeits in the past 5 years
The British fashion label Burberry destroyed more than £28m worth of its fashion and cosmetic products over the past year to guard against counterfeiting. In a practice understood to be common across the retail industry, the luxury…
Buhari, APC, govs woo Saraki with juicy offers
There were strong indications that President Muhammadu Buhari, the All Progressives Congress and governors are considering juicy offers for the Senate President, Dr. Bukola Saraki, to prevent his defection to the Peoples Democratic…
Stranded Nigerians in Russia back in Abuja
A nursing mother and 154 out of 230 Nigerian football fans stranded in Russia after the 2018 FIFA World Cup arrived the country on Friday night. The stranded football fans including a nursing mother in her mid thirties came through…
Melaye suspends inauguration of projects
Citing security reasons, embattled Sen. Dino Melaye (APC-Kogi West), has suspended the inauguration of his constituency projects. He also on Friday announced he had put on hold, the planned thanksgiving service to thank God for…
Nigeria Sells Yuan For First Time as It Deepens China Ties
*Central bank conducts first auction of renminbi on Friday *Nigeria signed $2.4 billion currency swap with China in May The Central Bank of Nigeria sold yuan for the first time as it looks to boost commerce between China and…
Power: Fashola lambasts Discos, calls spokesperson an interloper
The seeming suspicious mode of relationship between the federal government and electricity distribution companies (Discos) in Nigeria’s power sector on Friday got a little more scrappier with new claims by the Minister of Power, Works…
Davido’s Uncle & BRed Dad, Senator Ademola Adeleke Involve In Certificate Scandal
Senator Ademola Adeleke who is popularly known as the dancing senator has been accused of certificate forgery just as his political ambition gathers momentum. The group, in a statement signed by two of their leaders, Muftau Adegoke and…
No going back on my APC exit – Ortom
Governor Samuel Ortom of Benue State has declared that he is leaving the All Progressives Congress (APC) for good. He told members of OnTiv Professionals Association in Abuja that he would not return to the party for any reason.…
2019: No election will hold in Biafraland – Zionists
The Biafra Zionists Federation, BZF, on Friday vowed that no election would be conducted in the defunct Biafra region during the 2019 general elections. This came from the self-acclaimed President of the BZF, Barr. Benjamin Onwuka.…
Drug abuse: Expert raises alarm over teenage initiation
Dr Alfred Makanjuola, Consultant Behavioural Scientist, University of Ilorin, has raised alarm over initiation of teenagers into drug abuse in Kwara. Makanjuola said on Friday in Ilorin that children between the age of 10 and 18 got…
Nigeria’s billionaires lose over N500 billion to stock market dip
Nairametrics began an in-depth coverage of the billionaire investors in Nigeria’s capital market in May 2018. Since then, the stock market has slid. Year to date, the Nigerian Stock Exchange (NSE) All-Share Index is down 3.35%. We…
Adegboruwa sues Joe Igbokwe over Facebook post
Activist Lagos-based lawyer, Ebun-Olu Adegboruwa, has filed a suit before the Federal High Court in Lagos seeking the prosecution of the Lagos spokesman of the All Progressives Congress, Joe Igbokwe, over an allegedly offensive Facebook…
PHOTOS: Train collides with passenger bus in Lagos
A fatal accident involving a bus and a train occurred at Old Abeokuta Road by Odejobi junction on Friday. According to the Lagos State Traffic Management Authority Twitter handle, the accident occurred on Friday morning. The number…
Customs Apapa command generates N176.7bn in six months
The Apapa Area 1 Command of the Nigeria Customs Service said it generated N176.75 billion in the first half of 2018, an increase from the N165.74 billion it generated during the same period in 2017. The command’s Spokesman, Mrs…
FG evacuates 230 stranded Nigerians in Russia
The Ministry of Foreign Affairs has said that Nigerians stranded in Moscow, Russia at the end of the 2018 World Cup Tournament would be evacuated on Friday. The Ministry’s Spokesperson, Dr Tope Elias-Fatile, in a statement on…
Who Will Save The George Hotel Ikoyi From Desperate Prostitutes?
*Why Rich Patrons Are Having Panic Attacks Nicely stacked ladies with the morals of alley cats whistling at men, over-dressed and over made-up babes playing at hookers. Skimpily clad nubile creatures who‘ll give a vicar impish ideas…
Presidency bites back at NEF, urges Nigerians to ignore crocodile tears of selfish leaders
The Presidency says it considers a communiqué issued by some ethnic and sectional groups assembled in Abuja recently as the shedding of crocodile tears by selfish leaders. Malam Garba Shehu, the President’s Senior Special Assistant…