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NBC reopens Ekiti Radio, TV
The Broadcasting Service of Ekiti State (BSES) will reopen transmmittion on Jan. 1 2019, five months after its indefinite closure by National Broadcasting Commission (NBC). Gov. Kayode Fayemi, broke the cheering…
Nigerian stock market grows by 3.88%, ahead of Yuletide
The Nigerian Stock Exchange (NSE) opened for the week on Monday on a bullish trend following massive gains. The News Agency of Nigeria (NAN) reports that contrary to expectations, the All-Share Index closed…
2019: Osinbajo thrills Abuja residents to ‘Next Level’ song
Vice President Yemi Osinbajo thrilled some residents of Abuja to ‘Next Level’, a song composed from the All Progressives Congress (APC) campaign slogan for the 2019 general elections. The vice president addressed…
Timaya buys himself a G-Wagon and a Maybach for Christmas
Days after gifting his second babymama a brand new Range Rover, Timaya has acquired two new whips to celebrate Christmas. The dancehall star got himself a limited edition Maybach and a G-wagon. This King of…
$8.1b remittance: CBN, MTN Nigeria reach truce
The Central Bank of Nigeria (CBN) and MTN Nigeria Communications have resolved issues relating to the $8.1 billion foreign exchange remittances by the telecom giant, the apex bank announced yesterday. In a…
UPDATED: Otedola to sell Forte Oil’s stake in N25b deal
Forte Oil Plc Chairman Femi Otedola is set to sell his entire 75 per cent majority equity stake in the company in a deal estimated at about N25 billion. Forte Oil yesterday confirmed that Otedola is selling his…
Alleged $48.4m fraud: Court seizes 38 houses from ex-NSITF boss
A Federal High Court has ordered the interim forfeiture of more than 38 assets and properties traced to a former Chairman of the Nigeria Social Insurance Trust Fund (NSITF), Dr. Ngozi Olojeme. Olojeme is said to…
$2. 8m haul: EFCC files motion for interim forfeiture
THE Economic and Financial Crimes Commission (EFCC) has filed a motion for interim forfeiture of the $2.8 million intercepted at the Akanu Ibiam International Airport in Enugu. Besides, the agency has initiated…
Woman jailed 22 years over false information in visa application
A woman identified as Mrs. Philomena Nwanorue has been jailed for 22 years by a Lagos High Court for giving false information in visa application. Spokesperson to the Independent Corrupt Practices and Other Related Offences Commission…
Cost of funds to fall as N1.36trn inflow boosts interbank liquidity
IN spite of the increased aggressive liquidity mop up by the Central Bank of Nigeria, CBN, cost of funds is expected to fall further this week in response to inflow of N1.36 trillion into the interbank money market. Last week,…
Drunk BRT driver flees after knocking down naval officer’s wife
A Bus Rapid Transit, BRT driver who was reportedly drunk while on the wheel has knocked down a naval officer’s wife, Bilikisu Adedoyin, at Irawo bus stop, Ajegunle, Ikorodu Road, Lagos State. According to Punch Metro, the …
CBN injects $11.3bn into interbank in 2018
The CBN has spent $11.3 billion to intervene in the interbank foreign exchange market this year. This comprise of weekly injection of $210 million in the interbank market with $100 million allocated to the wholesale…
Fake Catholic priest unmasked after 18 years
A Fake Catholic priest who has worked as cleric for more than 18 years has been dismissed by the Catholic Church in Spain. Miguel Angel Ibarra carried out weddings and baptisms, first in Colombia and then in southern Spain, despite having…
Davido has reached out to his first baby mama – Kemi Olunloyo
Kemi Olunloyo in a new tweet, claimed that Davido has reached out to his first baby mama, Ayotomide Labinjo who he denied having an affair with. Kemi Olunloyo who has been campaigning for Davido to accept Michelle as his…
Don’t blame God if peace eludes Nigeria in 2019 – Obasanjo
Olusegun Obasanjo, Nigeria’s former President who spoke on Sunday evening during the 2018 Christmas Carol and Service of Six Lessons organised by the Chapel of Christ the Glorious King (CCKG) situated inside the sprawling Olusegun Obasanjo …
PTAD Settles 759 Next Of Kin (Nok) Of Defunct/Privatized Agencies
The Pension Transitional Arrangement Directorate (PTAD), has in continuation of the settlement of death benefit to Next-Of-Kin (NoK) of deceased Parastatals Pensioners who died after service, paid full benefit to Two Hundred…
APC government promises are aspirations, says Fashola
Babatunde Fashola, minister of power, works, and housing, says the promises made by the All Progressives Congress (APC) are aspirational, and not necessarily the reality. Fashola said the Muhammadu Buhari-led…
Amosun leads APM chairman to Aso Rock as party adopts Buhari for 2019
Ibikunle Amosun, governor of Ogun state, and Yusuf Dantalle, national chairman of Allied Peoples Movement (APM), on Monday presented a letter adopting President Muhammadu Buhari as the presidential candidate of the…
No fuel scarcity this yuletide – oil marketers
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has reiterated its commitment to ensure 24-hour supply of petroleum products across the country during the Yuletide. Chinedu Okoronkwo, National…
Ibrahim Dankwambo lauds federal government’s social investment programme
Gov. Ibrahim Dankwambo of Gombe State on Monday commended the Federal Government’s social investment programme in the state. Dankwambo gave the commendation while presenting the 2019 budget to the State House of…
Indonesia’s tsunami death toll jumps to 373
The death toll in Indonesia’s weekend tsunami jumped to 373 on Monday as search teams pushed on with the grim hunt for more corpses. Rescue teams used their bare hands, diggers and other heavy equipment to haul…
2019: God‘ll give Nigeria a president after his heart – Edwin Clark
Convener, Pan Niger Delta Forum, and elder statesman, Chief Edwin Clark, has said God will give Nigeria a president after His own heart, regardless of how politicians try to hit up the polity of next year’s polls.…
2023: Osita Okechukwu asks PDP to mind their business
A foundation member of the All Progressives Congress and Director General of Voice of Nigeria, Osita Okechukwu, has advised the Peoples Democratic Party to mind their business and face their manifesto, which…
Atiku Abubakar admits not speaking with Colonel Sakaba’s wife
Atiku Abubakar, presidential candidate of the Peoples Democratic Party, has retracted his earlier story of speaking with the widow of Lt. Col Ibrahim Sakaba, killed by Boko Haram at Metele last month. He now said…