Not less than two military men were arrested by the Nigerian Army in Yola, the Adamawa State capital, for allegedly working with Boko Haram group. The suspects, Eric Nwokorie and Macauley Fortune of the Explosive Ordinance Device section of the 143 Battalion, were apprehended on Sunday, February 7, 2016, at Yola park with some unauthorized…
Two leading Fast Moving Consumer Goods (FMCG) companies in Nigeria, GlaxoSmithKline Nigeria and Nestle Nigeria have found themselves in murky waters of court action as the Federal Government drag both companies before a Federal High Court in Lagos for alleged infringements in the consumer promotions. This has pushed the FG to file criminal charges against…
The sugary taste of soft drinks has made some people deny their body of water. As a result, we have witnessed a rapid decline in the health of many. There is not much in this world more refreshing than an ice-cold glass of water. A simple glass of water is more satisfying than a cup…
By Nwaorgu Faustinus Rivers State chapter of the All Progressives Congress, APC, has vehemently condemned the decision by the state governor, Nyesom Wike, to declare Friday, February 5, 2016, as public holiday, describing it as a “poorly conceived attempt at self-adulation” that belongs to the past. The party in a statement signed by its spokesman,…
President Muhammadu Buhari has commenced a 5-day vacation from today, Friday, February 5, to Wednesday, February 10, 2016. Due to this, the President has handed over his powers to the Vice President, Prof Yemi Osinbajo. Osinbajo will perform the functions of the President during the duration of the vacation, a statement issued in Abuja on…
Nigeria’s GTBank yesterday launched a cash tender for its $500,000,000 7.50 percent Eurobond maturing May 2016. This being the first transaction of its kind in Nigeria would boost the financial strength of the banks as well as its commitment to excellence and best practices. In its statement, the bank said the liability management exercise allowed…
The board of Aero Contractors has been dissolved by the Asset Management Company of Nigeria, AMCON, and a manager has been appointed to control the running of the airline. It was gathered that AMCON took over the company based on its statutory responsibility of acquiring Eligible Bank Assets and putting them to economic use in…
The Nigerian Defence Academy, NDA, says its attention has been drawn to a trending video which shows a female cadet torturing a man, who complimented her beauty. Disturbed by the outraged that followed the visual, the Academy says it is investigating the matter, pointing out that the incident took place in Lagos in 2014. In…
Star actress, Ini Edo, has now been appointed Special Adviser on Tourism to the governor of Akwa Ibom State, Udom Emmanuel. The sultry make-belief actress reportedly received her appointment letter last week to that effect. Ini Edo is one of the entertainers from Akwa Ibom State who have made the state very proud. With her…
An out-of-court settlement has been reached between National Leader of the All Progressives Congress, APC, Bola Tinubu, and Chairman of DAAR Communication Plc, Raymond Dokepsi, over a libel case instituted by the former against the latter. Tinubu had dragged AIT, owned by DAAR Communication Plc to court over a documentary titled ‘Lion of Burdillion’, aired…