archiveJuly 4, 2017

The Independent National Electoral Commission (INEC) has stated that only a legitimate court order can stop the recall process of Senator Dino Melaye. Chief Press Secretary to INEC chairman, Rotimi Oyekanmi, said this on Tuesday while speaking to newsmen in Abuja. The commission has already fixed August 19 for verification...

African leaders on Tuesday unanimously endorsed President Muhammadu Buhari to champion the fight against corruption in the African Union. The News Agency of Nigeria reports that the endorsement came at the end of the 29th Ordinary Session of the Assembly of AU in Addis Ababa. President Buhari is expected to...

The Nigerian Stock Exchange All-Share Index (NSE ASI) and the Market Capitalization decreased by 1.10 per cent on Tuesday trading, while the year-to-date return stood at 20.60 per cent. The All Share Index closed at 32,410.20 against the previous close of 32,769.80 while Market Capitalization closed at ₦11.170 trillion against...

NCC explains intervention in Etisalat saga The Nigerian Communications Commission (NCC) has said that its intervention in the ongoing N54.8 billion Etisalat debt saga was meant to sustain the industry’s significant contribution to National GDP, employment creation and infrastructure roll-out. The Commission made this known while reacting to stakeholder enquiries...

Acting President Yemi Osinbajo on Tuesday said the Federal Government would soon announce new policy on community policing for better service delivery. Osinbajo disclosed this at the presentation and launch of a book ‘Law on Prevention and Detection of Crimes by the Police in Nigeria’ in Abuja. The acting President...

Nigerian banking shares dropped 2.3 percent on Tuesday after regulators said they had intervened to save the country's fourth largest telecoms firm from collapse as talks with local lenders to renegotiate a $1.2 billion loan failed. Etisalat Nigeria had been negotiating with its lenders for more than five months to...

The Senate on Tuesday resolved to suspend all confirmation requests from the executive until decisions of the legislature are respected by Acting President Yemi Osinbajo. In a four-prayer motion unanimously adopted by the lawmakers, the Senate frowned at a statement credited to the Acting President Prof. Yemi Osinbajo that the...

A group known as Concerned Nigerians has given President MohammedBuhari 48-hour ultimatum to address the nation as to the state of his health. Among other things, the group demanded that the Senate President should invoke section 144 sub section 4 of the Nigerian Constitution and direct the setting up of...

Guinness Nigeria Plc has received clearance from Securities and Exchange Commission (SEC) and approvals from the Nigerian Stock Exchange (NSE) to list N39.7 billion Rights Issue. Shareholders of the multinational brewery company In January approved N39.7 billion Rights Issue exercise. If successfully raised, the funds will support the company in...

By Femi Fani-Kayode Let me make this abundantly clear right from the outset. I love and respect Mazi Nnamdi Kanu, the supreme leader of the Biafran movement, the founder and convener of the Indigenous People Of Biafra (IPOB) and the man that I have appropiately dubbed as the Lion of...