archiveMay 2019

A senior editor and 10 journalists at Russian daily newspaper Kommersant said on Monday they were resigning to protest against the firing of two colleagues. The two reporters, Ivan Safronov and Maxim Ivanov, quit the organisation over an article about a possible reshuffle of President Vladimir Putin’s close allies. The...

  The Federal Government has assured world leaders invited for the Democracy Day celebration holding on June 12 of their safety while in the country. The security guarantee was issued on Monday by the Minister of Information and Culture, Alhaji Lai Mohammed, at a World Press Conference by the Media...

The Minister of Finance, Mrs Zainab Shamsuna Ahmed, Monday, said that the last tranche of the Paris Club refunds  of N691.560 billion has already been disbursed to states since March 2019 by the Central Bank of Nigeria after verification. The clarification followed some media reports last weekend that the federal...

  NSE Listing: Another fulfilled condition The Nigerian Communications Commission (NCC) has said that MTN Nigeria Communications Limited paid a total of N235 billion out of the N330 billion fine imposed on the mobile telecommunications operator in August 2015 by industry regulatory agency Executive Vice Chairman at NCC, Prof Umar...

  The Special Presidential Investigation Panel for the Recovery of Public Property says it will slam a charge of economic sabotage on Unity Bank if it refuses to return the over N7 billion owed the Federal Government. The Head, Media and Communication of the Panel, Ms Lucie-Ann Laha, gave the...

  Dr.Olisa Agbakoba has filed a suit at the Federal High Court, to stop allocation of public funds to unelected and unaccountable Local Government Councils, running into trillions of Naira. The suit was titled: “Accountability for Public Funds at Local Governments; Re: OlisaAgbakoba v Minister for Finance - Suit No....

  The Nigerian Stock Exchange has received a “Rotary Outstanding Invaluable Company Award” from Rotary International District 9110, Nigeria, one of the 535 Districts that make up Rotary International worldwide and it comprises over 100 Rotary Clubs with over 3000 professional men and women as members. In a notification letter...

The Nigerian National Petroleum Corporation (NNPC) has explained the recent staff movements in the Corporation, saying it was normal replacement and backfill exercise to bridge the gap occasioned by impending retirement of some management staff of the Corporation, among others. NNPC Group General Manager, Group Public Affairs Division, Mr. Ndu...

The Nigerian Communications Commission (NCC) has revealed that internet users in Nigeria increased marginally to 115,938,255 million in March 2019, from 114,725,357 recorded in February, showing an increase of 1,212,868 new subscribers. This was made known by NCC on Monday in its Monthly Internet Subscribers Data for February posted on...

The National Bureau of Statistics (NBS) said on Monday that Nigeria’s economic growth slowed as it recorded a gross domestic product (GDP) of 2.01 per cent in the first quarter of 2019, compared to the 2.38 per cent recorded in the previous quarter (Q4 2018). In a report published on...