Movement for the Emancipation of the Niger Delta, MEND, has kicked against renewed attacks by the newly formed group, the Niger Delta Avengers. MEND, in a statement issued on Sunday by its spokesperson, Jomo Gbomo, disclosed that it had carried out “rigorous and robust analysis, debate and review of political events in Nigeria within the…
According to reports, the Lagos State Government has concluded plans to do away with the popular danfo buses plying the state for high-capacity buses. This is part of the government’s measures to raise the dignity of commuters and commercial vehicle drivers operating in the state. Commissioner for Transportation in the state, Dr Dayo Mobereola, disclosed…
Reports say the Kaduna Refining and Petrochemical Company, KRPC, has stopped producing following renewed activities of Niger Delta militants. It was learnt that the Kaduna refinery stopped operations last Tuesday because of the renewed attacks by the Niger Delta Avengers. Also, a stop in the supply of crude oil to the refinery is believed to…
There are strong indications that former President Goodluck Jonathan may have gone into temporary self exile in Cote d’Ivoire, following reports that the Economic and Financial Crimes Commission, EFCC, may arrest him on his arrival in Nigeria from his overseas tour on allegations of corruption and misappropriation of billions of dollars in the five years…
The present four refineries in Nigeria will likely to be controlled by private organisations if words of a presidential aide, Adeyemi Dipeolu, are anything to go by. Dipeolu noted that the Federal Government will privatize its four ailing refineries before the end of this year in order to boost domestic fuel supply after abolishing payment…
Senior Pastor of Champions Royal Assembly, Kubwa, Abuja, Prophet Joshua Iginla, on Sunday, gave out 32 vehicles to different people to celebrate his birthday. Iginla also gave out money running into several millions of naira to the aged, widows, orphanages and scholarships to orphans from nursery school to university. Beneficiaries of the man of God’s…
Guaranty Trust Bank plc last Thursday announced the redemption of the outstanding portion of the $500 million Eurobond Notes due May 19, 2016. In February 2016, GTBank successfully issued a Cash Tender Offer to repurchase any and all the outstanding $500 million 7.5% Eurobond Notes due May 2016 as part of its effective liability management…
President Muhammadu Buhari will no longer be in Lagos for his much publicised two-day working visit to the state from Monday (today). Instead, his Vice, Prof Yemi Osinbajo, will arrive the state to commission projects earlier planned to be unveiled by the President. It was gathered that Buhari will however, visit the state later, probably…
The Nigeria Labour Congress, NLC, has called off its nationwide industrial action embarked upon last Wednesday to kick against the increase in pump price of petrol from N86.50 to N145 per litre. Labour suspended the strike on Sunday and said it would meet with the Federal Government again on ways to resolve issues amicably. NLC…