archiveMarch 2018

  Speaker House of Representatives, Hon. Yakubu Dogara on Monday gave reasons for his support for ‘Restructuring’. Dogara who spoke on “Reforming the Nigerian Federation: Which Way Forward”, at the 3rd annual Political Summit organised by the Save Democracy Africa in Abuja, opined that restructuring will oust tribal perceived marginalization...

  Vice-President Yemi Osinbajo has said that the administration of former President Goodluck Jonathan shared N150 billion two weeks to the 2015 elections. Osinbajo who accused Jonathan of frittering billions of naira that should have been spent on projects, however admitted that the government of President Muhammadu Buhari had not...

  Pioneer Chairman of the Economic and Financial Crimes Commission (EFCC), Mr. Nuhu Ribadu, has said that the commission has done “fairly well” in its fight against corruption. Adding that for the war to be successful, law enforcement agencies like the Independent Corrupt Practices and Other Related Offences Commission (ICPC)...

  The Nigerian Stock Exchange (NSE) All-Share Index and Market Capitalization depreciated by 2.85 per cent and 3.26 per cent to close the week at 41,935.93 and N15.002 trillion respectively last week. Similarly, all other indices finished lower during the week with the exception of the NSE Insurance Index that...

  Despite Central Bank of Nigeria’s (CBN) effort to promote financial inclusion, Nigerian banks lost over two million customers between 2016 and 2017. According to statistics from the Nigeria Inter-Bank Settlement System (NIBSS), the number of active bank accounts reduced by 1.5 million; dropping from 65 million to 63.5 million....

  International Monetary Fund (IMF) has cautioned against rising risks in the banking sector which has compelled banks to borrow a total of N2.496 trillion from Central Bank of Nigeria (CBN) in the last three months of 2017. This is according to data obtained from the apex bank which also...

The Lagos State Police Command on Sunday warned some protesters who were said to beplanning to block Third Mainland Bridge and other critical public infrastructure in Lagos over the new Land Use Charge (LUC) of the State Government, saying any attempt to breach public peace will be met with stiff...

  The Chairman, Presidential Advisory Committee Against Corruption (PACAC), Professor  Itse Sagay, has condemned humongous monthly salaries collected by members of the National Assembly. Sagay said the lawmakers have no sense of service at all but only attack the President and in order to hold the nation to ransom. Addressing...

  The Governor of Edo State, Mr Godwin Obaseki, on Sunday ordered the arrest of the bandits said to have been responsible for the death of three persons, two adults and a minor in Ugboha, Esan South East Local Government Council of Edo State, at the weekend. The governor condemned...

The Joint UN Programme on HIV and AIDS (UNAIDS) has appointed Wife of the President, Hajiya Aisha Buhari as UNAIDS Special Ambassador for the Elimination of Mother-to-Child Transmission of HIV and Promotion of Treatment for Children living with HIV in Nigeria. Communications and Global Outreach Officer, UNAIDS Nigeria, Mr Charles-Martin...