The Central Bank of Nigeria (CBN), revealed it has so far disbursed N64.7 billion of the N213 billion appropriated for power sector intervention. The money was earmarked in February to tackle the poor power supply in the country. Mr Boma Benebo, Deputy Head, Infrastructure Development Finance Office, CBN, disclosed this after inspecting 62,021 prepaid meters […]
Continue ReadingTroops operating in Bama axis on a fighting patrol today cleared Boko Haram terrorists out of Aulari general area located within the Sambisa forest. The troops cleared all the 4 camps located within the area that includes Faldan, Kidiziromari, Kuroshini, Kurumari and Ngulda. One Boko Haram terrorist was killed while trying to escape and about […]
Continue ReadingThe Mountain of Fire and Miracles Ministry owned tertiary institution, the Mountain Top University (MTU) is due for inauguration next Monday, the Vice Chancellor, Professor Elijah Ayolabi has said. He said this at a news conference on Tuesday, adding that about 270 students will be admitted for the 2016/2017 academic session. He also mentioned that […]
Continue ReadingAn inferno left a family of five dead on Tuesday in Abeokuta, Ogun State, after engulfing their home. Witnesses said the fire destroyed the house of the victims located at Ake area of the town, burning its occupants beyond recognition. The cause of the fire cannot be ascertained at press time. Those killed are 45-year-old […]
Continue ReadingJustice Ibrahim Buba of the Federal High Court, Lagos on Tuesday December 15, convicted and sentenced nine foreigners alongside their vessel for illegal oil bunkering. The convicts, arraigned by the Economic and Financial Crimes Commission, EFCC, on June 18, 2015 were found guilty on a 4-count charge that bordered on conspiracy and illegal oil bunkering. […]
Continue ReadingFuel price is very likely to go up in the2016, going by official disclosure that over N1 trillion had already been spent on it in 2015. A cash strapped Nigerian government appears not willing to continue the Santa Claus policy, anymore. The Minister of State for Petroleum Resources, Ibe Kachikwu dropped this hint when he appeared […]
Continue ReadingThe senate has pledged to support the ongoing fight against corruption in Nigeria. Chairman Senate Committee on Anti-corruption and Financial Crimes, Senator Chukwuka Utazi made the pledge when the committee received the acting Chairman of the Economic and Financial Crimes Commission, Ibrahim Magu. He said the senate fully supports the anti- corruption programme of the […]
Continue ReadingFormer Nigerian Maritime Administration and Safety Agency, NIMASA DG has been rearrested. The trial of former Director General of Nigerian Maritime Administration and Safety Agency (NIMASA), Mr. Patrick Akpobolokemi was delayed at the Federal High Court, Lagos today due to request for adjournments by defence counsel. The court adjourned the commencement of trial of the […]
Continue ReadingChief Olabode George of the Peoples Democratic Party in Lagos State has debunked reports that he collected N100million from Bashir Yuguda, a former minister of state for finance, who is entangled in a probe of slush funds emanating from the office of the former National Security adviser, Sambo Dasuki. George, called journalists, ‘rascally scribblers ‘ and […]
Continue ReadingThose involved in the $2.1 billion arms deal will have their dates in court this week starting from today, the fate of each will be decided, and their level of involvement in the scam deal known.Former National Security Adviser (NSA), Col. Sambo Dasuki (retd), former chairman, Daar Communications Plc, Chief Raymond Dokpesi and former Sokoto […]
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