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Magu vows to secure Diezani’s extradition

Magu vows to secure Diezani’s extradition

The Acting Chairman, Economic and Financial Crimes Commission has vowed that a former minister of Petroleum, Diezani Allison-Madueke will be extradited before the end of the year to face corruption charges. He also accused the anti-graft agencies, international partners, especially in the United Kingdom of giving what he described as undue protection to the former minister. Magu spoke on Wednesday ... Read More »

US Plans to Add Nigeria, Others on Travel Restrictions

US Plans to Add Nigeria, Others on Travel Restrictions

The United States government has revealed its plans to add seven countries to a group of nations subject to travel restrictions, including Nigeria. Accordingly to the Wall Street Journal (WSJ), some countries could be banned from participating in the diversity visa lottery programme, which awards green cards to people in countries with low levels of immigration to the US. It added ... Read More »

Zulum Approves N100m For Borno Workers’ Health Scheme

Zulum Approves N100m For Borno Workers’ Health Scheme

By Inusa Ndahi, MAIDUGURI Borno State Governor, Professor Babagana Umara Zulum has approved the sum of N100 million as counterpart funding to the newly established Borno State Contributory Healthcare Management Agency (BOSCHMA). The approval of the sum was announced by the Governor when the Executive Director, National Primary Health Care Development Agency (NPHCDA), Dr. Faisal Shuiabu paid him a courtesy ... Read More »

Nigeria, UK Investors Sign N153.4bn Trade Deals

Nigeria, UK Investors Sign N153.4bn Trade Deals

Twenty one African countries, including Nigeria, met in London yesterday for the inaugural UK-Africa Investment Summit, which attracted African leaders, UK and African businesses, international institutions and young entrepreneurs. At the summit, attended by a Nigerian delegation led by President Muhammadu Buhari, Nigeria and the United Kingdom (UK) investors, signed business deals worth over £324 million (N153.4) billion that will ... Read More »

Forfeited Ilorin houses: EFCC trying to scandalise me – Saraki

Forfeited Ilorin houses: EFCC trying to scandalise me – Saraki

Former Senate President Bukola Saraki on Tuesday told the Federal High Court in Lagos that a suit by the Economic and Financial Crimes Commission (EFCC) seeking the forfeiture of his Ilorin houses is an abuse of court processes intended to scandalise him. Saraki, a two-term Kwara State governor, told Justice Rilwan Aikawa that the EFCC was merely attempting to review ... Read More »

4.6 billion people combined poorer than the world’s 2,153 billionaires – Oxfam

4.6 billion people combined poorer than the world’s 2,153 billionaires – Oxfam

The world’s 2,153 billionaires have more wealth between them than a combined 4.6 billion people, new research has claimed. In a study published yesterday, international charity, Oxfam, called on governments to implement policies that may help to reduce wealth inequality. The report comes as delegates gather in Davos, Switzerland, for the annual World Economic Forum conference. “If everyone were to ... Read More »

I Stand For Amotekun Dickson Declares, Criticises Centralised Security

I Stand For Amotekun Dickson Declares, Criticises Centralised Security

  Insis The governor of Bayelsa State, Hon Henry Seriake Dickson, has said that the South West security initiative, Operation Amotekun, reflected in clears terms the inevitability of restructuring. The governor said that regional security mechanisms like Amotekun were necessitated by the politicisation and collapse of the centralised national security apparatus in the country. He said that the politicisation and ... Read More »

Why we cut Maiduguri from national grid-TCN

Why we cut Maiduguri from national grid-TCN

The Transmission Company of Nigeria (TCN) yesterday disclosed that Maiduguri, the capital of Borno State has been cut off from electricity supply from the national grid. TCN in a statement from its General Manager, Public Affairs, Mrs. Ndidi Mbah explained that supply to Maiduguri and its environs were cut off because the insurgent group, Boko Haram damaged a number of ... Read More »

Maritime: FG  targeting placing Nigeria among  first 70 countries in WB Ease of Doing Business index- SGF Mustapha

Maritime: FG targeting placing Nigeria among first 70 countries in WB Ease of Doing Business index- SGF Mustapha

 Taking the maritime sector as economic anchor, the Federal Government says it is targeting placing Nigeria among the first 70 countries in the World Bank Ease of Doing Business index, a most sought-after economic feat globally, by 2023. The Secretary to the Government of the Federation (SGF), Mr. Boss Mustapha, stated this Saturday night in Lagos at the third edition ... Read More »

Why I converted Bayelsa Governor’s lodge to hotel-Dickson

Why I converted Bayelsa Governor’s lodge to hotel-Dickson

Bayelsa State Governor, Mr Seriake Dickson saturday explained his decision to convert his official residence to a five-star hotel, noting that it was designed to make the state first investment destination across Africa. He, thus, warned against truncating his legacies, saying those without vision would not easily grasp how he managed to transform Bayelsa in the last couple of years, ... Read More »

TCN: We Cannot Guarantee Stability of National Power Grid Now

TCN: We Cannot Guarantee Stability of National Power Grid Now

The Transmission Company of Nigeria (TCN) has said that it could not guarantee the stability of Nigeria’s electricity grid at the moment because it did not have the spinning reserves to prevent its total collapse whenever there were typical system disturbances. The national grid on Thursday collapsed and reportedly left most parts of the country in total darkness for long ... Read More »

20 Years of Democracy in Nigeria: Strengths, Weaknesses and Opportunities” by H.E.Senator Kashim Shettima

20 Years of Democracy in Nigeria: Strengths, Weaknesses and Opportunities” by H.E.Senator Kashim Shettima

“20 Years of Democracy in Nigeria: Strengths, Weaknesses and Opportunities”, Draft of Keynote Address by H.E Senator Kashim Shettima, Guest Speaker, 17th Daily Trust Annual Dialogue; January 16, 2019, Abuja, Nigeria. Ladies and gentlemen, for an honour I will cherish for the rest of my existence, I was invited to lead another conversation at the annual Daily Trust Dialogue, the ... Read More »

90,000 Youths to Benefit from Access Bank’s CSR Initiative

90,000 Youths to Benefit from Access Bank’s CSR Initiative

Access Bank Plc’s retail banking division is embarking on a corporate social responsibility (CSR) project that will impact over 90,000 youths across the country A statement explained that Project L.E.A.D (Leadership, Enterprise, and Academic Development) as it is fondly called, is carried out in partnership with Revamp Africa Foundation (formerly Project Revamp Africa), a non-profit organisation focused on youth development ... Read More »

Kwara Zone Customs Generates N568.8m

Kwara Zone Customs Generates N568.8m

By Adeniyi Adedeji, Ilorin The Nigerian Customs Joint Border Drill ‎Operations in the North Central Zone stationed in Ilorin has made seizure of banned items with duty paid values of N568, 763,380 within five months. Briefing newsmen in Ilorin yesterday, the Custom Zonal ‎Coordinator, Comptroller Mohammed Uba Garba said the Custom’s Drill Operations was established on August 20, 2019 as ... Read More »

Nigeria’s Entrepreneurs Key to Africa’s Prosperity – U.S. Consul General

Nigeria’s Entrepreneurs Key to Africa’s Prosperity – U.S. Consul General

U.S. Consul General, Claire Pierangelo, has reiterated the importance of Nigeria’s entrepreneurs to the continued growth of economies in the West African sub-region and the prosperity of the continent. Speaking at a one-day capacity-building seminar for the first cohort of U.S. sponsored Tony Elumelu Foundation alumni, Ms. Pierangelo noted that population trends in Africa’s largest economy will not only mean ... Read More »

‘Ex-Governor Ahmed left seven months unpaid salaries’

‘Ex-Governor Ahmed left seven months unpaid salaries’

COMMITTEE of Unions in Tertiary Institutions (CUTI), an amalgam of teachers in Kwara State Colleges of Education, has faulted the claim of former Governor Abdulfatahi Ahmed that his administration did not owe any workers on the state’s payroll. Imam Abdulkadir, chairman of CUTI, said in a statement in Ilorin that the claim by the former governor was false because he ... Read More »

Buhari Tips IMF Director, Kingsley Obiora, As CBN Deputy Governor

Buhari Tips IMF Director, Kingsley Obiora, As CBN Deputy Governor

President Muhammadu Buhari has nominated Dr Kingsley Isitua Obiora as the Deputy Governor of the Central Bank of Nigeria (CBN). This was disclosed in a statement made available by the Special Adviser to the President on Media and Publicity, Femi Adesina, on Thursday. According to the statement, the nominee’s name has already been forwarded to Senate President, Ahmed Lawan for ... Read More »

Finance Bill: How Government Is Robbing The Rich To Pay The Poor- BMO

Finance Bill: How Government Is Robbing The Rich To Pay The Poor- BMO

The new finance bill signed into law by President Muhammadu Buhari should excite Nigerians across board, especially low-income earners, the self-employed, micro, small and medium-scale enterprises (MSME), a group has said. According to the Buhari Media Organisation (BMO) the Act has five strategic objectives; Promoting fiscal equity by mitigating instances of regressive taxation; Reforming domestic tax laws to align with ... Read More »

Alleged N33b Fraud: Witness Exposes Mompha’s Illicit BDC Operations 

Alleged N33b Fraud: Witness Exposes Mompha’s Illicit BDC Operations 

 By: Owolola Adebola The fourth prosecution witness, (PW4), Enu Matthew Obun, in the trial of Ismaila Mustapha, better known as Mompha on Wednesday, January 15, 2020, told a Federal High Court, Ikoyi, Lagos, presided over by Justice Abdullahi M. Liman that the suspected internet fraudster ran an illegal bureau de change with his company, Ismalob Global Investments Limited. The Economic and Financial Crimes Commission, EFCC is prosecuting ... Read More »

Committee gets 6 months as Zulum begins 500 housing estate

Borno Governor, Professor Babagana Umara Zulum on Wednesday laid foundation for the construction of an estate of 500 mass houses encompassing roads, drainages, school and shopping complex near the state university in Maiduguri. The governor gave a committee, headed by the deputy governor, Umar Kadafur, six months to reach advance level or even complete the estate. That indicated readiness to ... Read More »