archiveMay 2, 2019

  The Economic and Financial Crimes Commission (EFCC), Thursday said it arrested 37 suspected internet fraudsters in Owerri, the Imo State capital. The arrest followed a raid on some targeted residences in Okwu Urata, Aladinma and Egbu areas. The Commission’s action followed intelligence report which pointed that the suspects were...

  The People’s Democratic Party (PDP) has called on President Muhammadu Buhari to end his “private visit” abroad and immediately return home to face the deteriorated security situation in the country. The party said it is completely unacceptable for President Buhari to practically abandon his responsibilities, as the Commander-In-Chief to...

  The Presidential Enabling Business Environment Council (PEBEC) completed on Monday, April 29th, 2019, the fourth National Action Plan (NAP 4.0) which began on March 1st, 2019. According to Dr. Jumoke Oduwole, PEBEC Secretary and Senior Special Assistant  on Industry, Trade & Investment to the President, Office of the Vice...

  The Nigerian equities market halted its 3-day bearish run to close on a positive note on Thursday as the benchmark index increased by a marginal 0.04 per cent to 29,171.73 points, driven by gains in bellwether Consumer Goods stocks. Thus, the Month-to-Date and the Year-to-Date losses moderated to -1.91...

  President Muhammadu Buhari has saluted Nigerian journalists as they join their professional colleagues across the world to mark World Press Freedom Day. President Buhari, in a statement by his Special Adviser on Media and Publicity, Mr Femi Adesina, in Abuja on Thursday, urged the journalists to use the day...

  Osinbajo to deliver convocation lecture   The Lagos State University (LASU) has produced the highest First Class in its 36-year-old history as the institution announced that it has produced a total of 57 First Class graduates in the 2018/2019 in academic session its different faculties. It produced 26 First...

The Federal Government has decried the performance of Electricity Distribution Companies (DisCos) since the privatization of the power sector in 2013. The government also said plans were underway to review the privatization of the power sector. The Vice President Yemi Osinbajo said this at the 2019 workers’ day celebration in...

An Abuja Division of the Federal High Court on Thursday granted bail to the Director-General of National Broadcasting Commission (NBC), Mr. Modibbo Kawu. Kawu and three others, including Dipo Onifade, Lucky Omoluwa, who is the Chairman of Pinnacle Communications Limited, as well as the company, are facing charges of corruption....

  The United Nations has thrown its weight behind the quest of the African Development Bank to provide electricity to 250 million people in Africa through its ‘ Desert to Power’ electricity initiative. A statement made available to our correspondent in Abuja on Wednesday revealed that the United Nations Secretary...

  Nigerian House of Representatives has again summoned President Muhammadu Buhari to appear before its chamber to explain what his government was doing to address insecurity situation in the country. The House of Reps sent the invitation to President Buhari during its Thursday plenary in Abuja following members’ anonymous adoption...