Validates new minimum wage, risky oil benchmarks… 7 things to know about 2019 budget
President Muhammadu Buhari presented the 2019 budget to a joint session of the national assembly in Abuja on Wednesday, despite initial challenges. While presenting the budget, the president presented the…
New report claims that Davido is allegedly dating & ‘servicing’ Ghanaian TV Presenter, Serwaa…
A new report that has begun serving the rounds online suggests that Nigerian top singer, Davido is secretly dating GH One News anchor, Serwaa Amihere. This information was disclosed by an Instagram blog, SwitchFocus. According to…
Court restrains Diamond Bank from taking over aircraft
A Federal High Court sitting in Lagos south west Nigeria has restrained Diamond bank Plc and its appointed Receiver /Manager Mr. Babajide Koku and any of their agents from exercising any right of a secured credit…
U.S. Fed Reserve ignores Trump, jacks up interest rates
The U.S. Federal Reserve raised interest rates on Wednesday, as expected, but forecast fewer rate hikes next year and signalled its tightening cycle is nearing an end in the face of financial market volatility and…
Crack police team storms Nasarawa to fish out Badeh’s killers
The Inspector-General of Police, Alhaji Ibrahim Idris has deployed the Police Intelligence Response Team and the Special Tactical Squad to Nasarawa State to fish out the killers of former Chief of Defence Staff, Air…
How foreign oil firm Trafigura defrauded Fed Govt of $1.6b tax, by witness
AN Ikeja Special Offences Court heard yesterday how two foreign oil companies, Travigura Beheer BV and Travigura PTE Limited, allegedly defrauded the country of about $1.6 billion in tax payments. A witness, Emefo…
Diamond Bank’s merger: Access Bank increases capital raising to $457m
Access Bank Plc could raise up to $457 million or about N165.6 billion in new debt and equities capital to support ongoing business combination with Diamond Bank Plc. Access Bank will be the post-merger entity and its Group…
Tues, Wed, Jan. 1 are public holidays
THE Federal Government has declared Tuesday, December 25; Wednesday, December 26 and Tuesday January 1, 2019 as public holidays to mark the Christmas, Boxing Day and New Year celebrations. Minister of Interior…
Akpabio asks Saraki, Dogara to resign or be booted out
Godswill Akpabio, senator representing Akwa Ibom north-west senatorial district, has asked Senate President Bukola Saraki and Yakubu Dogara, speaker of the house of representatives, to resign. Speaking to…
Diamond Bank market cap rises to N26.4bn after acquisition
The market has remained happy with the decision of Diamond Bank to merge or be acquired by Access Bank as share price continues to rise. Diamond Bank shares have gained over nine percent in value every day after …
GOOD NEWS: More fresh graduates secure jobs despite increase in unemployment
People with Bachelors degrees and the higher national diploma (HND) were able to secure more jobs between the third quarter of 2017 and the corresponding period in 2018. This is despite the increase in the…
The Difference N1000 Can Make
Ever thought that only N1000 can help you start the journey to long-term wealth and rewrite your story? Do you wish your money could work for you while you hustle, allowing you to spend yet still plan for a future…
You’re on international TV, comport yourselves, Buhari tells lawmakers
President Muhammadu Buhari has cautioned lawmakers in the joint session of the National Assembly to comport themselves as they are on television and being watched across the world.Buhari who is currently at the Assembly presenting…
BREAKING: Lawmakers exchange blows during budget presentation
Some All Progressives Congress (APC) lawmakers and their Peoples Democratic Party (PDP) counterparts exchanged blows during the presentation of the 2019 by President Muhammadu Buhari on Wednesday. Trouble started after some…
Customs impound armoured vehicle worth N324.5m in Imo
The Nigeria Customs Service, Federal Operations Unit, Zone C, Owerri, Imo State, has confiscated five exotic armoured vehicles with Duty Paid Value of N324,535,863.Providing the details of the seized vehicles at the Customs…
Sade Adu makes 2019 Oscars’ ‘Best Original Song’ shortlist
One of Nigerian-British soul singer, Sade Adu’s song ‘The Big Unknown’ has made The Oscars 2019 shortlist for ‘Best Original Song’.News Agency of Nigeria reports that the song, her second in 2018 after a seven-year hiatus, was…
Man arraigned for beating mother-in-law
A 35-year-old man, Seun Okwuyigbo, who police accused of beating and injuring his mother-in-law in the eye was arraigned in an Ogudu Magistrates’ Court, Lagos on Wednesday. The police charged Okwuyigbo with…
MAKEUP MOGUL! 21-year-old Kylie Jenner named America’s fifth-richest celebrity
American reality television personality and beauty mogul, Kylie Jenner, is one young billionaire that keeps making headlines thanks to her enviable net-worth and business acumen. The 21-year-old mother of one who…
Nigeria’s unemployed rises from 17.6m to 20.9m in nine months
Data made available by the National Bureau of Statistics have shown that the number of unemployed Nigerians has risen to 20.9 million from 17.6 million. The report, which was released on Wednesday, contained the…
We‘ve invested $100 million in Nigeria – China
The Chinese government has said that Chinese companies invested a whopping $100 million in the first 10 months of 2018. It also expressed its willingness to give priority to supporting Nigeria in breaking the…
Federal government recalls 2.5 million bottles of codeine
The Minister of Health, Prof. Isaac Adewole, on Tuesday said no fewer than 2.5 million bottles of codeine had been recalled from circulation across the country by the Federal Government. The Minister made this known in…
Young Man Dies During Sex Competition After Seventh Round In Lagos
Facts have emerged on how a middle aged man, simply known as Davy, died in a popular hotel in Lagos during a sex competition with a lady. P.M.EXPRESS reports that the incident happened at the popular hotel located…
Pharaoh, you must let our people go – Agbaje tells Tinubu
Jimi Agbaje, governorship candidate of the Peoples Democratic Party (PDP) in Lagos, has likened Bola Tinubu, chieftain of the All Progressives Congress (APC), to the biblical Pharaoh of Egypt. Agbaje made the…
OPL 245 deal: $523m bribe cash traced to ex- ministers, politicians
About $523 million of the $1.092 billion paid for the controversial Malabu Oil Block (OPL 245) was shared out as bribes to some former ministers and politicians, investigations have shown. A former minister blew…