archive2018

  President Muhammad Buhari and a delegation of the All Progressives Congress (APC) governors had another meeting again on Wednesday in Aso-Rock. The meeting was said to be over the crisis rocking the party on the fate of the John Oyegun led-National working committee (NWC) of the party. The meeting...

  The availability of secured credit to households increased in the first quarter and is expected to further rise on positive economic outlook, the Central Bank of Nigeria’s (CBN’s) credit conditions report has shown. According to the report, most lenders adduce economic outlook  to increased credit availability to the corporate...

  Tragedy struck on Tuesday in Abia, when two women died in an auto crash involving the motorcade bearing the wife of Abia Governor, Mrs Nkechi Ikpeazu. One of the dead women was identified as Mrs Promise Uche-Nwamkpa, wife of a former member of the Abia state House of Assembly....

  Former President Olusegun Obasanjo has said that it would be “foolhardy for Nigerians to reinforce failure by re-electing ineffective and incompetent government in 2019” even as he warned Nigerians never to be deceived by the reforms being claimed by the Peoples Democratic Party (PDP). Obasanjo called on President Muhammadu...

Mr Yassine Gaba, the UN Deputy Humanitarian Coordinator in Nigeria, on Monday, strongly condemned Sunday’s deadly attack near Belle Village in Maiduguri, Borno. This is contained in a statement by Mr Abiodun Banire, the National Public Information Officer, UN Office for the Coordination of Humanitarian Affairs (OCHA) in Abuja. At...

  The Peoples Democratic Party (PDP) has charged the Independent National Electoral Commission (INEC) to immediately proscribe the All Progressives Congress (APC) following the “undisputed revelations that it financed Muhammadu Buhari’s 2015 campaign with looted funds.” The party, in a statement by its National Publicity Secretary, Kola Ologbondiyan, on Monday...

  Ukraine’s largest lender PrivatBank said Monday it had filed a $3bn lawsuit against PwC, claiming the auditor failed to call attention to “the huge fraud” plaguing the bank for years. PrivatBank was nationalised in 2016 after authorities blamed billionaire Igor Kolomoyskiy and other bank owners for issuing bad loans...

  A total turnover of 1.541 billion shares worth N16.647 billion in 18,805 deals were traded  last week week by investors on the floor of the Nigerian Stock Exchange (NSE) in contrast to a total of 2.328 billion shares valued at N28.927 billion that exchanged hands  we the upper week...

  Presidential media aide and spokesperson, Mallam  Garba Shehu has said  that the current APC led administration has invested in people and also infrastructure, stressing that those complaining of hunger in the country should go and work . Speaking in an interview with Ben TV, Shehu said since President Muhammadu...

The Federal Government has released a new list of names of alleged treasury looters, 23, most of them members of the then ruling Peoples’ Democratic Party (PDP). In a press statement, Minister of Information and Culture, ALhaji Lai Mohammed said the list of alleged looters which Government released earlier was...