archiveSeptember 15, 2021

The Accident Investigation Bureau, Nigeria, has submitted its interim report to the Nigerian Air Force on the crash that claimed the lives of 11 military personnel including the Chief of Army Staff, Lt. Gen Ibrahim Attahiru, on May 31, 2021. The investigator also listed 27 initial findings and eight immediate...

 The Nigerian stock market extended positive growth on Wednesday by N25 billion due to buying interest in MTN Nigeria Communications (MTNN) and 13 others. Specifically, the market capitalisation which opened at N20.278 trillion inched higher by N25 billion or 0.12 per cent to close at N20.303 trillion. Also, the All-Share...

The Nigerian Presidency has launched an attack on the Yoruba nation group over its recent rally at the United Nations Headquarters in New York, USA. In a strong worded statement signed by Presidential spokesperson, Garba Shehu, the Nigerian leadership criticised the group stating that “Nigerians and the entire World” would...

The ruling All Progressives Congress (APC) has replied to a criticism by the opposition Peoples Democratic Party, PDP, over its borrowing spree, saying the act “is for the good of the country”. The APC National Secretary, Caretaker/Extraordinary Convention Planning Committee (CECPC) John Akpanudoedehe, in a statement on Wednesday, said the...

The Federal Executive Council (FEC) has approved N38.4 Billion for the completion of some inherited road projects in five States of the federation. Minister of Works and Housing, Babatunde Fashola made this known when he briefed State House correspondents at the end of the Council meeting, presided over by President...

  The UK Government has expressed its commitment to supporting the process of enacting the Nigeria Start-up Bill (NSB). The British Deputy High Commission in Lagos, in a statement, said the UK Government’s support would help fund engagement of relevant stakeholders across the country through town hall meetings. It said...

The Peoples Democratic Party (PDP) has lamented the alleged reckless borrowing by the President Muhammadu Buhari-led government. On Tuesday, the President sought the approval of the National Assembly to borrow $4,054,476,863 (N1.6 trillion) and €710 million (N343 billion) in an addendum to the 2018-2020 borrowing plan. The president also asked...

  The University of Benin (UNIBEN) has finally bowed to the demands of students after the protest organised on Tuesday. UNIBEN had earlier announced that students who did not pay school fees within the stipulated time would have to pay extra charges and might have their studentship withdrawn. Hence, the...

Afghanistan’s Taliban-controlled central bank said it had seized nearly $12.4 million in cash and gold from former top government officials on Wednesday, including former vice president Amrullah Saleh. In a statement, the central bank said the money and gold had been kept in officials’ houses, although it did not yet...

  The Civil Society Legislative Advocacy Centre (CISLAC) has advocated for transparency, accountability in corporate governance in Nigeria.Musa Rafsanjani, Executive Director, CISLAC, disclosed this in a media briefing in Lagos on Wednesday. Rafsanjani said that CISLAC, Transparency International-Nigeria with support from Tax Justice Network – Africa (TJNA) and Open Ownership...