archiveFebruary 4, 2019

A Federal High Court in Lagos on Monday struck out a fundamental rights enforcement suit filed by alleged kidnap kingpin, Chukwudumeme Onwamadike (a.k.a Evans), against the police over seizure of his property. Justice Mojisola Olatoregun held that the court lacked the jurisdiction to entertain the case. She said that the...

The People’s Democratic Party (PDP) candidate, Alhaji Atiku Abubakar, secured a visa to the United States for the first time in 12 years after a reported travel ban due to corruption charges. His opposition had latched on to his inability to enter the US as a means of discrediting him....

Trading activities on the Nigerian Stock Exchange (NSE) opened for the week bullish on Monday appreciating by 0.35 per cent with 16 price gainers and 20 losers even as the All-Share Index, which opened at 30,636.36, rose by 108.69 points or 0.35 per cent to close at 30,745.05. Similarly, the...

The Nigeria Deposit Insurance Corporation (NDIC), has announced the official liquidation of Fortis Microfinance Bank and its branches nationwide. The corporation made this known in a press statement posted on its official website. It assured insured depositors of the repayment of their monies. The statement reads: “The Nigeria Deposit Insurance...

The Islamic Movement in Nigeria (Shiites) on Monday declared that President Muhammadu Buhari was on his way out of office. “Buhari can feel the inevitable defeat coming his way, so the desperate attempt by the administration to cause chaos so that the elections will not hold, at the same time...

The Joint Health Sector Union (JOHESU) on Monday issued a seven-day ultimatum to the Federal Government to meet its demands. The National Chairman of the union, Mr Josiah Biobelemoye, said this at a warning rally organised by the union in collaboration with the Nigeria Labour Congress (NLC) and Trade Union...

Seventy- two hours after an Agusta AW 139 helicopter flying Vice President Yemi Osibanjo crashed in Kabba, aviation agencies led by Accident Investigation Bureau (AIB) have concluded investigations on the ‘ high profile’ accident. The completion of investigation came on the heels of gathering of evidence- inspection of the chopper...

The Coalition of United Political Parties (CUPP) on Monday expressed delight at the Sunday’s endorsement of the candidature of Alhaji Atiku Abubakar by the Northern Elders Forum, Pan-Niger Delta Forum, Afenifere, Ohanaeze Ndigbo, and the Middle Belt Forum. It described the endorsement as a fatal blow to President Muhammadu Buhari’s...

The Central Bank of Nigeria (CBN) on Monday said there was no room for arbitrage opportunities in the foreign exchange(forex) market in the country. The bank also assured Nigerians that it would continue to act in the best interest of the country. In addition, the apex bank reiterated that it...

  Osinbajo narrates how he briefed G.O on his recent campaign efforts Lists names of those with him on the helicopter Vice President Yemi Osinbajo, SAN, GCON, gave testimony during a thanksgiving service held at the RCCG, City of Grace, Lokoja, Kogi State, on Sunday, 3rd February, 2019. “On Friday,...