• At last, Osinbajo signs 2017 Budget

    Olalekan Adetayo, Abuja The Acting President, Yemi Osinbajo, on Monday finally signed the 2017 Appropriation Bill into law in the presence of the principal officers of the National Assembly and other top government officials. The budget christened “Budget of Economic Recovery and Growth” has a revenue projection of N5.08trn and an aggregate ...

  • Police Inspector nabbed with 49 bags of Indian hemp in Lagos

    A police inspector, Bola Adigun, was on Monday arraigned before Justice Mojisola Olatoregun of a Federal High Court, Lagos over alleged hard drug trafficking. The National Drug Law Enforcement Agency had slammed a three-count of conspiracy, drug trafficking and willfully obstructing security agents from carrying out their official duties. The ...

  • Buhari directs Osinbajo to sign 2017 Budget

    Olalekan Adetayo, Abuja President Muhammadu Buhari has directed the acting President, Yemi Osinbajo, to go ahead and sign the 2017 Appropriation Bill into law. The Senior Special Assistant to the President on Media and Publicity, Garba Shehu, disclosed this in a two-paragraph statement on Monday. Shehu said Buhari who is ...

  • Your union is illegal, court tells couple seeking divorce

    A Karu Upper Area Court, Abuja, on Monday dismissed a divorce suit filed by one Rebecca Nuhu, seeking termination of her nine-year relationship with her partner, Kolawale Gbanjo, with whom she had cohabited. The judge, Mr. Abdullahi Baba, in his ruling said there was no legal marriage between the two ...

  • [BREAKING] Finance ministry workers demand removal of Perm Sec, director

    Ifeanyi Onuba, Abuja There is confusion at the headquarters of the Federal Ministry of Finance as civil servants attached to the ministry on Monday embarked on a mild protest over alleged poor welfare condition. The protest began at about 11am on the first floor of the ministry, with the workers ...

  • DSS arrests ISIS-linked terrorist, kidnappers of army captain

    Suspected leaders of kidnapping gangs, a dismissed army corporal and several suspected Boko Haram insurgents have been arrested by the Department of State Service (DSS). In a statement released by DSS Spokesman, Tony Opuiyo, on Monday, the agency said the Boko Haram elements have intensified activities such as kidnapping and ...

  • NERC Directive Affects Only MD Customers, Kaduna Electric Clarifies

    BY ISAIAH BENJAMIN Kaduna The Management of Kaduna Electric has reaffirmed its commitment to fair and transparent business relationship with its customers, vowing to ensure the integrity of bills submitted to customers at all time. The Company made the statement in the wake of the confusion created by the recent ...

  • Global leaders unite to eradicate polio

    Source: UN Children's Fund Country: Afghanistan, Nigeria, Pakistan, WorldTo end the disease for good, government representatives and partners pledged US$ 1.2 billion to protect 450 million children from polio every year.Countries and partners pledge US$ 1.2 billion to protect 450 million children from polio every year ATLANTA (12 June 2017) – Today, ...

  • Nigeria: Stock Market Sustains Momentum As Investors Stake N23 Billion

    [This Day] These are certainly good times for equities investors as their investments continue to add value on sustained high demand. The market attracted N23.18 billion invested in 3.100 billion shares in 33,677 deals, showing an increase of about 22.5 per cent compared to the previous week's performance.

  • Nigeria: Unilever Nigeria PLC - Local Investors in Flip Flop Over Foreign Investors' Repositionings

    [Vanguard] UNILEVER Nigeria Plc, one of the leading multinationals on the Nigeria Stock Exchange, NSE, has presented a, rather, mixed sentiment in the stock market in the days after April 18, 2017, when it announced an impressive first quarter 2017 (Q1'17) results.

  • High interest rates: CBN, banks, MAN, others to appear before Senate panel on Tuesday

    Leke Baiyewu, Abuja The Senate Committee on Banking, Insurance and Other Financial Institutions has invited the Central Bank of Nigeria, Nigeria Deposit Insurance Corporation and Deposit Money Banks to a meeting on Tuesday over the high interest rates being charged by financial institutions in the country. The Senate panel has ...

  • Police sergeant escapes from kidnappers in Rivers

    Chukwudi Akasike, Port Harcourt A police sergeant, who was kidnapped by a group of gunmen in Degema town, Degema Local Government Area of Rivers State, has escaped from his captors. The policeman, whose name was given as Bassey Edet, was reportedly returning home at the end of his night duty ...

  • We’ve paid all dividends to FG, says NLNG

    ’Femi Asu The Nigeria LNG Limited says it has no outstanding dividend payments to the Federal Government and continues to conduct its business in accordance with regulations and the laws of the Federal Republic of Nigeria. The company said in a statement on Sunday that its attention had been drawn ...

  • Rivers safer than Lagos, Kano, others –Wike

    Chukwudi Akasike, Port Harcourt The Rivers State Governor, Chief Nyesom Wike, has said that the state is more secure than Lagos, Kogi, Kaduna, Kano and Benue states, where kidnappers and murderers ravage urban communities as reported daily. Wike also declared that the state was becoming safer because of the investments ...

  • My crime exploits, by kidnap kingpin Evans

    Suspect who owns two houses in highbrow Magodo, Lagos relives life of crimes The sensational life – big crime and luxury – of a kidnap kingpin Chukwudubem George Onwuamadike (aka Evans), has collapsed with a tripe of regrets. He yesterday advised those in the illicit trade to quit. “I am ...

  • Some of Evans’ exploits 

    The notorious kidnapper launched out after his return from Cape Town, South Africa in 2007, where he survived a gunshot injury inflicted on him by his drug trafficking partner. On his return, Evans joined the gang headed by Chyna, a Warri kidnap and armed robbery kingpin, who masterminded the abduction ...

  • Afam VI output drops to 350Mw on transmission constraint

    Output from the Shell Petroleum Development Company Limited (SPDC) Joint Venture-owned Afam VI power plant in the Niger Delta region has dropped by about 40 per cent to 350megawatts (Mw) due  to transmission challenge. The Nation learnt that the power plant, which has capacity to generate 650Mw, can at most ...

  • Nigerian Merchant Navy Solicits Operational Equipment

    By Tunde Oguntola, Abuja The Nigerian Merchant Navy (Coastal Defence Force) has called on the federal government to empower the force with patrol vans, rifles, speed boats and also their operational equipment. The security formation also sought the approval of the force operational letters including promotion, appointment letters and remuneration. ...

  • Arik Air Moves To Offset Debts, Woos Foreign Investors

    By ANTHONY AWUNOR, Lagos Fresh facts have emerged on possible return to life of Arik Air which was taken over in February 8th this year by the government which handed over the embattled airline to the Assets Management Corporation of Nigeria (AMCON) to manage due to the airline’s huge debt ...

  • Insecurity: Rivers safer than Lagos, Kano, others -Wike

    Chukwudi Akasike, Port Harcourt Rivers State Governor, Chief Nyesom Wike, has said that the state was more secure than Lagos, Kogi. Kaduna, Kano and Benue States, where kidnappers and murderers ravage urban communities as reported daily. Wike also declared that the state was becoming safer on a daily basis because ...

  • 30 percent fail law school final exam

    Only 1,393 of the 2,125 candidates who sat for the last final examination of the Nigerian Law School are successful, according to the result released yesterday. One hundred and ninety six others had conditional pass while 596 failed outright, the institution’s Director-General, Mr Olarewaju Onadeko, (SAN), said in a statement ...