The All Progressives Congress has removed Senator Ali Ndume as Senator majority leader, replacing him with Ahmed Lawan. He replaces Senator Ali Ndume from Borno State who had occupied the position since June 2015, when the upper chamber began the eight session on a fractious note. Senate President Senator Bukola Saraki read a letter from […]
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The Nigeria Customs Service has generated N898 billion as revenue in 2016, including VAT, says the service Spokesman, Mr Joseph Attah. Attah told the News Agency of Nigeria (NAN) on Monday in Abuja that the figure was however less than the N904 billion collected in 2015. He attributed the shortfall to the difficulty in accessing foreign […]
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A Nigerian scholar, Wale Adebanwi, has been appointed to the prestigious Rhodes Professorship in Race Relations in the School of Interdisciplinary Area Studies at the University of Oxford, United Kingdom. Adebanwi, who is currently a professor at the University of California, Davis, United States, will also be a Fellow of St Anthony’s College, Oxford, effective […]
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The Naira on Monday appreciated at the parallel market after a two-week losing streak. The currency gained three points to exchange at N490, from N493 it posted last Friday, while the pound sterling and the euro traded at N600 and N506, respectively. At the bureau de change window, the naira closed at N399, the CBN […]
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Former Nigerian president, Goodluck Jonathan and Diezani Alison-Madueke, immediate past petroleum minister, were allegedly given bribes in the $1.3 billion deal involving ENI and Royal Dutch Shell. Jonathan, Alison-Madueke, and other government officials benefitted from a sum of $466m which was converted into naira, Italian prosecutors say. According to the News Agency of Nigeria, a report […]
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Following the sack of Jim Obazee’s from his position as executive secretary of the Financial Reporting Council of Nigeria by President Muhammadu Buhari on Monday night, the Christian Association of Nigeria (CAN) has hailed the president’s decision. General Secretary Rev. Musa Asake said:”The sack of Jim (Obazee) is good riddance to bad rubbish. Anybody that […]
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The Nigerian government has suspended a corporate governance code issued by the country’s Financial Reporting Council of Nigeria, FRC. The Minister for Industry, Trade and Investment, Okechuckwu Enelamah, made the disclosure in a statement on Monday, after President Muhammadu Buhari’s sack of the Executive Secretary of FRC, Jim Obazee. Mr. Obazee’s sack followed exit of […]
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A former governor of Niger, Alhaji Abdulkadir Kure, is dead. Kure died on Sunday in a German hospital at the age of 60. The Chairman of Peoples Democratic Party in Niger, Tanko Beji, confirmed the death of the former two-term governor of the state on Sunday. Reacting to Kure’s death, Gov. Abubakar Bello of Niger […]
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Nana Akufo-Addo was sworn in on Saturday as Ghana’s new president at a ceremony in Accra, the country’s capital. In a speech as he took office, the president said “I will not let the good people of Ghana down. “I pledge to do my best to move this country to higher level of development; I […]
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A study by the Israeli Institute for National Security Studies on Friday indicated that last year was the deadliest recorded for suicide bombings, with more than 5,650 people killed worldwide. A statement from the Tel Aviv-based institute said not less than 800 perpetrators carried out 469 suicide attacks in 28 countries. It said the Islamic […]
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