archiveMay 2017

The Bayelsa state government has released the sum of N300 million to augment payment of primary school teachers in the Local Government Areas of the State. Consequently, the Nigeria Union of Teachers (NUT, Bayelsa State Wing) has therefore suspended the ongoing strike action with immediate effect. A statement issued on...

• Jonathan can't be separated, PDP tells detractors The Ijaw National Congress (INC), has admitted its failure to bring together sons and daughters of Ijaw ethnic nationality, especially notable politicians from the various political parties during the 2017 Isaac Adaka Boro’s Day held in Yenagoa last week. The organization in...

The Labour Party (LP) has described as a fluke, the reported release of 82 female students of Government Secondary School, Chibok who were said to have been abducted by Boko Haram insurgents on April 14 2014. According to the LP, the government should expect the wrath of God for deceiving...

The Federal Government has approved a new interest rate spread on unpaid taxes for the year 2017. According to the Minister of Finance, Mrs. Kemi Adeosun, the new interest rate shall be 5 per cent over the Central Bank of Nigeria’s Minimum Re-Discount Rate (MRR) for the year 2017. She...

Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, has promised to resign if Nigeria continues to import fuel by 2019. He stated this in an interview on BBC World Service programme, HardTalk, on Monday. He promised to deliver on the refineries and said he was committed to also delivering...

Akwa Ibom State Police Command are quizzing 18 suspects for attempted examination malpractices during the just-concluded JAMB examinations held nationwide. According to the Police, the suspects were arrested on May 15 in a rented apartment at No.13 Lutheran Road, Ikot Ekpene, while trying to hack into JAMB’s website to have...

Some financial experts on Monday called for a downward review of the Monetary Policy Rate (MPR) by the Monetary Policy Committee (MPC) to 12 per cent from 14 per cent, to enhance economic recovery. They told the News Agency of Nigeria (NAN) in separate interviews in Lagos that the Cash...

Trading activities on the Nigerian Stock Exchange (NSE) began the week on negative territory on Monday as the market All-Share Index (NSE ASI) and the Market Capitalization decreased by 0.12 per cent, while the year-to-date return stood at 4.48 per cent. The All-Share Index closed at 28,078.30 against the previous...

A political movement, Renascent Anambra Transparency Democratic League (RATDL), has described as callous and insensitive, the allegation by APC governorship aspirant, Dr. Chike Obidigbo that governor Willy Obiano, took 179 persons to United States to celebrate his daughter’s graduation using the resources of Anambra state. The group’s position was contained...

• Launches new affordable pasta Shareholders at the weekend in Lagos applauded the Dangote Flour Mills’ return to profitability after posting a profit before tax of N11.82 billion for its financial year ended December 31, 2016. The Chairman of Dangote Flour Mills, Asue Ighodalo, while addressing shareholders at the 11th...