Anti-Buhari Protest: Charly Boy collapses as police disperse protesters

Ace entertainer and activist, Charly Boy, on Tuesday, collapsed at the Unity Fountain after inhaling teargas fired at protesters by anti-riot policemen in Abuja. Apart from teargassing the protesters who are demanding that President Muhammadu Buhari either resume office or resign, the police also fired high velocity stream of water at them. Buhari has been […]

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OSINBAJO TO FOREIGN INVESTORS: If you want to invest in Africa, come to Nigeria now or regret later

NIGERIA – Acting President Yemi Osinbajo has advised foreign investors to take advantage of the opportunities in the Nigerian economy  now or risk blaming themselves in 10 years time. Osinbajo made made this declaration when he spoke at the Presidential villa in Abuja during a meeting of delegates from the Nigerian Initiative for Economic Development […]

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Presidency withdraws nomination of corrupt ICPC board members

Laolu Akande, spokesman of Acting President Yemi Osinbajo, said the federal government has removed Maimuna Aliyu and Sa’ad Alanamu from the board of the Independent Corrupt Practices and other offences Commission (ICPC). ICIR, an investigative website, had exposed the alleged fraudulent activities perpetrated by the two individuals whose appointments Osinbajo approved on Tuesday. While Alanamu […]

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IMF

Nigeria’s non-performing loans have climbed to 15% since 2015; FG should push policies – IMF

The International Monetary Fund (IMF) staff team, which visited Nigeria from July 20 to July 31, says non-performing loans across Nigerian banks have 6 percent in 2015, to 15 percent in 2017. The team led by Amine Mati, senior resident representative and mission chief for Nigeria at the IMF, discussed recent economic and financial developments, updated […]

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Total to 200,000 bpd to Nigeria’s oil output

Mr Nicolas Terraz, Managing Director/Chief Executive Officer Total upstream companies in Nigeria, on Wednesday said that the firm would boost the country’s daily oil production by 200,000 barrels from 2018. Terraz, who was represented by Mr Biodun Afolabi, Executive Director, Corporate Affairs and Services, said that the additional barrels would come from the company’s multi-billion […]

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Rotimi Amaechi

Amaechi counters Wike: He has absolutely nothing to prove his fabricated claim

The Minister of Transport, Rotimi Amaechi, has spoken on the recent allegations made against him by the Rivers State Governor, Nyesom Wike. In a statement by the minister’s spokesperson, David Iyofor, on Tuesday, Mr. Amaechi said the Peoples Democratic Party governor has no concrete evidence to prove his allegations. “Wike has nothing, we mean absolutely […]

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