archive2018

An FCT High Court, Apo on Monday, granted the  Economic and Financial Crimes Commission (EFCC) leave to arraign former petroleum Minister, Diezani Alison-Madueke, and a former Chairman of Atlantic Energy Drilling company, Olajide Omokore, on Feb. 25. Alison-Madueke and Omokore, are to be arraigned on five counts bordering on conspiracy...

  The Africa Electoral Integrity Initiative (AE2i), a Non-Governmental Organisation (NGO) has called for stiffer sanctions and diligent prosecution of those involved in vote buying and selling in the build-up to the 2019 general elections. The Convener and Regional Director of AE2i, Dr Daniel Omofoman, made the call in an...

  With daily oil production of around 600,000 to 700,000 barrels and a larger natural liquefied gas profile, Qatar has decided to exit the Organisation of Petroleum Exporting Countries (OPEC) in 2019, to leverage on growing its LNG portfolio. The country’s decision was announced on Monday by the Energy Minister,...

The Peoples Democratic Party (PDP) has accused the Buhari presidency of abandoning its statutory responsibility and taking up the position of “lying, monitoring spirit” against its presidential candidate, Atiku Abubakar. PDP said this while insisting that the government of President Muhammadu Buhari was endorsing lies against the former Vice President....

  Mr Hassan Bello, Executive Secretary, Nigeria Shippers Council, on Sunday said the country was losing $9.1billion yearly on freight revenue that could have accrued to its treasury. He said the amount was being lost to foreign ships. Bello, who spoke on the feasibility of the proposed National Carrier, told...

Governors of Ondo and Ekiti States, Arakunrin Oluwarotimi Akeredolu, SAN and Dr. Kayode Fayemi, Dr. Munirat Ogunlayi of the World Bank, the Chief Executive Officer, JOF Nigeria Limited, Mr. Segun Olugboyegun, the Alani of Idoani, Oba (Dr)Major -General (rtd) Olufemi Olutoye JP, OFR and Yeyeluwa of Idoani, Prof. Omotayo Olutoye,...

  The Nigerian Stock Exchange (NSE)  All-Share Index and Market Capitalization depreciated by 2.54 per cent  to close the week at 30,874.17 and N11.271 trillion respectively. Similarly, all other indices finished lower with the exception of the NSE ASeM, NSE Insurance and NSE Consumer Goods Indices that finished higher by...

Human rights groups and a lawyer have condemned the arrest and detention of Deji Adeyanju, a political activist, and two others, by the police. Mr Adeyanju, the convener of Concerned Nigerians, was arrested on Wednesday morning at a protest tagged ‘Police Are Not Politicians, Save Our Democracy’ at the Police...

It was a rainbow coalition of various social, political and cultural groups as Olujimi Agbaje, the People’s Democratic Party (PDP) Lagos State governorship candidate for the 2019 election kicked off his campaign. The crowd came from different localities in the state including Ajegunle, Mushin, Ikorodu, Agege, Badagry, Ikeja and several...

The controversy generated by the allegations of graft against the Director-General of the National Broadcasting Commission (NBC) and Pinnacle Communications deepened on Saturday. A civil rights organisation, Competent Governance for Accountability and Civic Trust, has therefore demanded the release of information on the issue under the Freedom of Information (FOI)...