News

Nigeria’s foreign reserves have continued to grow significantly with latest figures by the Central Bank of Nigeria (CBN) at about $47.37 billion as at April 5. The new figures rose from about $46.2 billion realised at the end of…

President Muhammadu Buhari says he is seeking re-election because of the “clamour by Nigerians”. His media office, in a statement, said while addressing a closed-door meeting of the national executive council of the All Progressives…

When two elephants fight, they say, the grass suffers aptly describes the scenario playing out in the house of Nigeria’s ruling party, the All Progressives Congress (APC), and the person at the center of it all is none other than its…

President Muhammadu Buhari has informed the national executive committee of the All Progressives Congress (APC) that he will be seeking a second term in office. The information was tweeted by Nasir el-Rufai, governor of Kaduna state,…

According to reports reaching Parrot Nigeria, a businessman identified as Ejimkoye Onyeagu has been accused of killing his brother, Ekene Onyeagu in Ifitedunu town, Dunukofia LGA of Anambra State. According to the information…

The Chairman of the Presidential Advisory Committee on Anti-Corruption (PACAC), Professor Itse Sagay, has said the federal government omitted some names from the list of alleged treasury looters for strategic reasons. Sagay, who is a…

Kemi Adeosun, the minister of finance, has refused to approve the payment of $16.9 million dubious fees to two lawyers for the recovery of Abacha loot worth $321 million, TheCable can report. She has also written a strong-worded…

The Minister of Information and Culture, Alhaji Lai Mohammed, yesterday said that another list of treasury looters would be released very soon by the Federal Government and that many unexpected names will be revealed. The minister…

The naira remains stable at the official and parallel markets, with the foreign exchange (forex) reserves standing at $46.7billion, a report by Exotic Capital, an investment and research firm, has said. The naira exchanges at 362 to…

•NWC to meet on congresses, convention before NEC Opponents of tenure elongation have carried the day in the All Progressives Congress (APC). Its National Chairman, Chief John Odigie-Oyegun, last night bowed to pressure from…

A former governor of Abia State, Orji Kalu, has defied the “no entry” statement of the Ekiti State Governor, Ayo Fayose, as his Peace Advocacy Tour moved to Ekiti on Sunday. Mr Kalu said the statement credited to Mr. Fayose that he…

A middle-aged man, identified only as Muyibi, has collapsed and died in a commercial cab in the Ojota area of Lagos State. PUNCH Metro reports that the victim boarded the cab after withdrawing money from a United Bank for Africa branch…

The Chief Imam of Ijagbo, Muftau Jamiu, has narrated to reporters on how his brother was among the victims of the shootings at the Offa Bank robberythat took place in the town on Thursday. The death of his brother identified as Alawunde…

President Muhammadu Buhari will leave Nigeria for an official visit to the UK on Monday, his media office has said. The date of his return has not been fixed. Garba Shehu, one of his spokespersons, said Buhari is due to hold…

Col. Sambo Dasuki (retd), has filed a fresh fundamental human rights enforcement suit before the Federal High Court in Abuja demanding his unconditional release from the custody of the State Security Service. The detained former…

Sergei Mavrodi Founder of the most popular Russian MMM Ponzi scheme was buried in a closed coffin at the Troekurovskoe cemetery in Moscow. Mavrodi, 62, died in a Moscow hospital on March 26. The funeral ceremony was held in closed…

The Inspector-General of Police( (I-G), Ibrahim Idris, has ordered the deployment of three units of Police Mobile Force ( PMF), high powered police investigation team and Armoured Personnel Carriers (APCs) to Kwara. The Force…

Rep. Zakari Mohammed, the Chairman, House of Representatives Committee on Education, has assured that the country’s 2018 budget would by end of April. Mohammed told newsmen in Ogbomoso on the sideline of an empowerment programme…

The Nigerian National Petroleum Corporation (NNPC) said on Sunday that it had updated its outstanding audit of the group financial statements from 2011 to 2016. NNPC Spokesman, Ndu Ughamadu, said in a statement in Abuja that the…

The Governor of the Central Bank of Nigeria, Godwin Emefiele has assigned duties to the newly appointed deputy governors who assumed duty on March 28. The acting Director, Corporate Communications Department, CBN, Isaac Okoroafor, in…

The former governor of Edo State, Adams Oshiomhole, has called on President Muhammadu Buhari-led federal government, to adopt a “ruthless” measure against alleged looters of the nation’s treasury. Mr Oshiomhole, who disclosed this on…

President Muhammadu Buhari on Sunday returned to Abuja after a 3-day private visit to his country home in Daura in Katsina State. The News Agency of Nigeria (NAN) reports that the presidential aircraft carrying the president and some…

Primate Elijah Ayodele, founder and spiritual leader of INRI Evangelical Spiritual Church, says there would be dire consequences if Senate president Bukola Saraki refused to contest for presidency in 2019. Primate Ayodele revealed…

After not being satisfied with trying to sideline the wife of the President, Mamman Daura wanted to take over the first lady’s official quarters and many other privileges, but this time he met a brick wall as the president’s wife took…