President Muhammadu Buhari has endorsed the probe of Azubuike Ihejirika, former chief of army staff, and Kenneth Minimah, his successor. This is as contained in a statement signed by John Ode, head of the committee on the audit of procurement of arms between 2007 and 2015. John Ode noted that President Buhari gave the directive […]
Continue ReadingGuaranty Trust Bank remains one of the top two rated Banks in Nigeria as shown by the recently released Rating Report by Fitch, a global rating agency.Fitch revised the Outlook on the Bank’s Long term Issuer Default Rating (IDR) from Negative to Stable citing the Bank’s continuing strong earnings, and stronger-than-expected liquidity as the reasons […]
Continue ReadingAs part of measures to stave off further attacks on farmlands as well as reduce incidences of cattle-rustling in some parts of the country, the federal government has concluded arrangements to create a ‘Special Force’ within the Nigeria Security and Civil Defence Corps NSCDC to tackle the menace. Minister of Interior, Gen. Abdulrahman Dambazau (retd) […]
Continue Reading-as UBA stock now best performing on the exchangeFitch International, one of the foremost global rating agencies has affirmed United Bank for Africa (UBA) Plc’s viability rating at “B”, as the pan-African banking group continue to sustain its benchmark asset quality and strong profitability amidst industry and macroeconomic challenges. UBA is one of the few […]
Continue ReadingInvestigations of the sexual misconduct allegations against three members of House of Representatives was stalled on Thursday due to failure of U.S. Ambassador to Nigeria, James Entwistle, to honour the invitation of the Committee set up to investigate the allegations. The House of Representatives had set up a committee headed by Nicholas Ossai, to investigate […]
Continue ReadingLeading African businessman and philanthropist, Tony O. Elumelu CON joined the First Lady of Nigeria, Mrs. Aisha Buhari and wife of the Vice President of Nigeria, Mrs. Dolapo Osinbajo at a forum and exhibition on Nigerian Women in Export which was held in Abuja. Themed ‘Achieving Zero Oil Growth Through Women Inclusiveness in Global Export […]
Continue ReadingThe Lagos chapter of the #BringBackOurGirls group has condemned Dino Melaye for his threat to “beat up and impregnate” his counterpart, Oluremi Tinubu, during a disagreement in a closed-door session held by the senators.In a statement jointly signed by Yemisi Ransome-Kuti, Aisha Oyebode, Ayo Obe, and Habiba Balogun, on Wednesday, the group described Mr. Melaye’s […]
Continue ReadingThe House of Representatives on Wednesday urged the Federal Government to halt any plan to increase electricity tariff by 100 per cent in the country. This followed the unanimous adoption of a motion under matters of urgent public importance raised by Rep. Aliyu Madaki (APC-Kano). Moving the motion, Madaki said that the plan by Electricity […]
Continue ReadingThe secretary to the government of the federation, Babachir Lawal, on Wednesday appeared before the joint senate committees on ethics, appropriation and finance, to explain that the federal government is finding it difficult to fund the 2016 budget. He explained that there is a fall in oil production of up to 800,000bpd – compared to the […]
Continue ReadingThe Independent Energy Watch Initiative, an NGO, has launched first Africa indigenous energy management mobile software to fast-track information dissemination in power sector. This is contained in a statement issued on Wednesday by the Chairman of the organisation, Mr Chidi Ike. Ike said the organisation aimed to facilitate a healthy interchange between the customers and […]
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