archiveMarch 2019

The Nigerian Union of Journalist (NUJ) on Friday said the threat made by the chairman of the Code of Conduct Tribunal, Mr. Danladi Umar, against journalists was “vague and empty”. The union said Umar has no powers to imprison journalists carrying out their official assignment. The reaction came a day...

  Enelamah seeks increased tax compliance   The Central Bank of Nigeria (CBN) Governor, Mr. Godwin Emefiele, has projected that the Nigerian economy would grow by three per cent in 2019, higher than the 1.93 per cent it achieved in 2018. Emefiele who gave the forecast on Thursday also said...

The U.S. government has said that from the reports it got from observers’ groups; voter intimidation, vote buying, interference by security forces, and violence marred the electoral process in parts of Nigeria. The country  which said this in a statement  on Thursday, however, urged stakeholders and security services to ensure...

  Activities on the Nigerian Stock Exchange (NSE) for the fourth consecutive day of the week remained bearish with the Index returning to 30,000 mark. The All-Share Index on Thursday returned to 30,000 mark following losses posted by some highly capitalised stocks. Consequently, the index dipped 155.53 points or 0.50...

The Minister of Interior, Lt.-Gen. Abdulrahman Dambazau (retd), has directed the closure of all Nigerian land borders with effect from Friday, March 22 to Sunday, March 24 due to Saturday’s supplementary elections. This was disclosed in a press statement issued by the Comptroller-General, Nigeria Immigration Service (NIS), Mr Muhammad Babandede,...

The Independent National Electoral Commission (INEC) said on Thursday that it would resume collation and announce results in Rivers in April 13. The Commissioner for Information and Voter Education, Mr Festus Okoye, disclosed this during a press conference at the commission’s headquarters in Abuja. He said that the electoral body...

  The National Open University of Nigeria (NOUN) has tendered an unreserved apology to the former President Olusegun Obasanjo, over a news report that he was taking on the payroll of the university as a facilitator. The university further made it clear that the elder statesman had accepted to be...

The Federal Government has closed its case of non-asset declaration charges against the suspended Chief Justice of Nigeria (CJN), Justice Walter Onnoghen. Onnoghen is being prosecuted by the Federal Government on a six-count charge over alleged failure to disclose some of his assets in his Asset Declaration forms submitted to...

  Oil prices reached their highest so far for 2019 on Thursday as global markets tightened amid supply cuts led by producer club OPEC and U.S. government sanctions against Iran and Venezuela. International Brent crude oil futures hit a November 2018 high of 68.64 dollars per barrel around at 0453...

  President Muhammadu Buhari has explained why he declined assent to five bills from the National Assembly. In a letter to the President of the Senate, Bukola Saraki, read at plenary declined assent to five bills, it was disclosed that President Muhhamadu Buhari declined assenting to the bills. The rejected...