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…
**over allegation of arrest of Peter Odike’s son Rivers State chapter of the All Progressives Congress, APC, has given the state chapter of the Peoples Democratic Party, PDP, 48 hours to retract and withdraw its statement purporting that the son of the Deputy Chairman of APC in Rivers, Peter Odike, was arrested by the Nigerian…
Report just reaching us has it that men of the Nigeria Police have locked up national secretariat of the opposition Peoples Democratic Party, PDP, in Abuja. It was gathered that the Wadata office of the party, which is presently battling with crisis that has torn it into shreds, was condoned off by stern-looking security operatives.…
wike The All Progressives Congress, APC, in Rivers State, has urged the state governor, Nyesom Wike, to react to allegation of N700 million bribery scandal hanging on his neck. The APC in a statement issued on Saturday by spokesman, Chris Finebone in Port Harcourt, the state capital, said it has wondered why Wike has been…
The Taliban has denied reports that a US military drone strike had killed Afghan Taliban leader Mullah Akhtar Mansoor and another fighter in Pakistan. Earlier on Saturday, a US official said that the drone attack “likely killed” Mansoor inside Pakistani territory. Authorised by US President Barack Obama, the strike took place at about 6 am…