• NSCDC owes 35,000 personnel poll allowance

    Adelani Adepegba, Abuja The Nigerian Security and Civil Defence Corps has yet to pay the allowances of its 35,000 personnel that were mobilised for special election duty in the Edo and Ondo governorship elections, weeks after the polls were concluded. While 20,000 operatives participated in the governorship election in Edo ...

  • Protesters storm National Assembly

    A COALITION of Ethnic Nationalities yesterday protested the alleged persecution of former President Goodluck Jonathan’s family members by the Department of State Services (DSS) and Economic and Financial Crimes Commission (EFCC) “under the guise of war against corruption”. The groups claimed that operatives of DSS, EFCC and National Drugs Law ...

  • Citigroup, Standard Chartered, others to issue $1b Eurobond in Jan.

    The Federal Executive Council (FEC) yesterday approved the appointment of transaction parties for the one billion dollars Eurobond to be issued next month. Minister of Finance Mrs Kemi Adeosun broke the news after the Federal Executive Council (FEC) meeting. With her were Minister of Information Lai Mohammed and Minister of ...

  • Senator washes hands of NCC board nominee’s travail

    Chairman, Senate Committee on Finance, Senator John Owan Enoh, yesterday distanced himself from the rejection of the confirmation of Mr. Okoi Ofem Obono-Obla by the Senate.  Senator Enoh who represents Cross River Central Senatorial District said he had no reason to work against the confirmation of Obla.  He noted that ...

  • Jigawa Injects Over N2bn Into Rice Farming

    The Jigawa State Government has said it introduced a novel project called “cluster farming for farmers” where about N215,404,850.00 was injected to empower thousands of rice farmers during the previous wet season in the state. This was disclosed on Wednesday in Abuja during the ongoing NEPAD Business Group Nigeria’s stakeholders meeting. ...

  • UN and partners seek US$2.66 billion for emergency needs in Sahel

    Source: UN Office for the Coordination of Humanitarian Affairs Country: Burkina Faso, Cameroon, Chad, Mali, Mauritania, Niger, Nigeria, SenegalThe appeal aims to provide lifesaving assistance to 15 million people in eight countries of the Sahel region, which will remain the site of one of the world's major humanitarian operations in 2017. (Dakar, ...

  • Economía/Finanzas.- Rafael Muñoz, nuevo director general de Negocio de Popular

    MADRID, 7 (EUROPA PRESS) El comité de dirección de Banco Popular ha nombrado a Rafael Muñoz nuevo director general de Negocio de la entidad en sustitución de José Ramón Alonso, quien se jubila.

  • Raila, Mudavadi seal super alliance deal to remove Uhuru from power

    Cord leader Raila Odinga has said he will work with Amani's Musalia Muadavadi to remove President Uhuru Kenyatta from power next year. The two made a public appearance in Laikipia on Tuesday, saying they regretted parting ways ahead of the 2013 general election. "We will be together in 2017," Raila ...

  • No fraud in insurance sector –NIA

    Nike Popoola The Chairman, Nigerian Insurers Association, Mr. Eddie Efekoha, has explained the association’s stand on the developments in the House of Representatives with respect to the ongoing investigation of some member-companies that insured government assets. During a press briefing in Lagos, Efekoha, who observed that there were allegations of ...

  • 12 kids rescued from pastor’s home

    •’I’m following divine injunction’ Twelve children were rescued by the Lagos State Government from the custody of a Pastor, Onoyngu Chibuike, the founder of Voice of Salvation Charitable Organisation, who had been operating an illegal orphanage in Ojo since 2010. The hands of the law caught up with Chibuike last ...

  • Reps urge Fed Govt to suspend 30 % export grant

    The House of Representatives has advised the Federal Government to suspend the issuance of 30 per cent Export Expansion Grant (EEG) to exporters. The government was to resume the grant that was suspended by former President Goodluck Jonathan due to abuses it was subjected to at the time. Abuse had ...

  • Friends and political relations

    Wise men speak because they have something to say. Fools because they have to say something –Plato In the last few weeks, voices raised over the administration’s management of the economy have become louder and more distinct. Those that sounded like political grudges around the management of the party or ...

  • Asian rice merchants threaten CBN’s borrowers scheme

    Unless the federal and state governments act fast, the Central Bank of Nigeria (CBN) Anchor Borrowers Scheme on rice may collapse. This is because some multinational companies see the programme as a threat to their business of importing cheap and sub-standard rice into the country. It was gathered that the ...

  • ‘Why Fed Govt banned vehicles importation via land borders’

    The Federal Government banned the importation of vehicles through the land borders because it is losing over N250 billion yearly, in  duties and levies that would have been collected by the Nigerian Customs Service (NCS), and other government agencies at the port, The Nation has learnt. A senior official of the ...

  • ‘Jibrin operates five foreign accounts’

    John Ameh, Abuja Suspended member  of the House of Representatives, Mr. Abdulmumin Jibrin, may come under fresh probe by the House after another petition against him was submitted on Monday by the Anti-corruption Unit of the National Youth Council of Nigeria. In the fresh petition, the group provided details of ...

  • Tower firm promises to deepen broadband penetration

    Pan African Tower Company Limited has pledged to serve over 70 per cent of mobile network operators in Nigeria and help to deepen broadband penetration in Africa. The company said its major focus was on broadband penetration given that most African governments depended on it for growth and improvement of ...

  • Buhari needs $30bn loan to succeed, says Odigie-Oyegun

    John Alechenu, Abuja The National Chairman of the All Progressives Congress, Chief John Odigie-Oyegun, has said the President Muhammadu Buhari-led administration is left with no option but to borrow to revive Nigeria’s ailing economy. Buhari’s plan to borrow an estimated US$29.9bn from foreign lenders has been rejected by the Senate ...

  • FG stops 571,000 tonnes of rice from entering Nigeria

    Okechukwu Nnodim, Abuja The Federal Government on Monday announced that 571,000 tonnes of foreign rice warehoused in neighbouring countries were being targeted for the Nigerian market for the Christmas and New Year season, but vowed to stop their entry. It also stated that Nigeria recently took delivery of 110 rice ...

  • …to review Stamp Duty Act

    Everest Amaefule, Abuja The Federal Government plans to review the Stamp Duty Act, 2004, investigation has shown. On the strength of the Act and a Central Bank of Nigeria directive to Deposit Money Banks, the banks have been deducting N50 on every deposit into current accounts of N1,000 and above ...

  • FG to meet workers’ union over NAICOM crisis

    Ifeanyi Onuba, Abuja The Ministry of Finance will next week meet with the workers’ union in the National Insurance Commission over the petition written by it alleging mismanagement in the organisation. The meeting, according to sources in the ministry, is a follow-up to the one earlier held last week with ...

  • Group accuses Jibrin of operating 5 foreign accounts

    The National Youth Council of Nigeria (NYCN) has petitioned the Code of Conduct Bureau (CCB) accusing the former Chairman of the House of Representatives Committee on Appropriation; Rep. Abdulmumin Jibrin for allegedly operating five foreign bank accounts as a serving legislator. The group also dragged the suspended lawmaker before the ...