The President of Nigeria, Muhammadu Buhari, on Tuesday, presented to the National Assembly (Senate and House of Representatives) N6.07 trillion budget proposal for 2016, which was based on $38 per barrel oil benchmark and N197 exchange rate. While presenting the budget, the president assured that petrol pump price would remain N87 per litre “for […]
Continue ReadingThe Nigerian Electricity Regulatory Commission (NERC), has released a new power tariff, outlining the various rates of increase in energy charges for consumers across the country. Worthy of note is the announcement of the removal of fixed electricity charges for all classes of electricity consumers. This means that power users would only pay for what they consume. […]
Continue ReadingA High Court in Abuja has granted the former National Security Adviser (NSA) Col. Sambo Dasuki( rtd.) bail. Other granted bail include former Governor of Sokoto State, Attahiru Bafarawa, ex-Minister of Finance, Bashir Yuguda, a former Director of Finance in the Office of the NSA, Mr. Shuaibu Salisu and two others on the condition that […]
Continue ReadingA child suicide bomber detonated his explosives, killing himself, two other bombers and six people in Nigeria’s northeast, the army said on Monday. The attack which occurred in Beninsheikh in Borno state, happened around 8.30pm on Sunday when three suspected suicide bombers aged between 10 and 15 years, were stopped for security screening by civilian […]
Continue ReadingWith the Central Bank of Nigeria announcing a possible recession hitting the economy by 2016, analysts have forecast higher cash receipts for the hospitality sector. According to PriceWaterHouseCoopers, the global accounting firm, although the domestic market took a knock in the first half of the year, an increase in hotel bookings is projected to occur […]
Continue ReadingInformation from the Acting Director Army Public Relations, Colonel Sani Kukasheka Usman, on Sunday, revealed that troops of 25 Task Force Brigade killed a notorious member of the Boko Haram sect, as well as other members. This he said was made possible by tip off troops on fighting patrol. The statement in full: “The troops […]
Continue ReadingThe Sun newspaper has issued a statement Sunday, to announce its return of the N9million it received from the office of the National Security Adviser “as compensation for the seizure of its newspapers and stoppage of circulation during the Goodluck Jonathan administration in June 2014.” According to the statement, the N9million cheque had since been […]
Continue ReadingSuspected kidnappers have abducted Nancy Dickson, a younger sister to Bayelsa State Governor, Seriake Dickson. Asinim Butswat, an Assistant Superintendent of Police and spokesperson for the Bayelsa Police Command, confirmed the development in a statement on Sunday. According to Mr. Butswat, Nancy, 26, was kidnapped at her shop, located in Okaka Road, Yenagoa, the state […]
Continue ReadingOn the night of December 12, 2015 in the city of Zaria, Kaduna state, Sheikh El Zakzaky, the leader of the 10 million-strong Shia muslim community in Nigeria, was shot, brutalised and dumped in a wheelbarrow. He barely escaped with his life but sadly, according to Iranian government sources and The New York Times, his […]
Continue ReadingIt was all drama yesterday at the Bauchi Airport when passengers used ladder to disembark from a chartered aircraft belonging to Nigeria’s oldest carrier: Aero Airlines. It was learnt that the aircraft had problems with unserviceable equipment by the airport management. It was also learnt that the flight, which had 34 passengers onboard, took off […]
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