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Fayose sold Ekiti PDP secretariat to himself-Party Chairman

Fayose sold Ekiti PDP secretariat to himself-Party Chairman

Threatens litigation Lingering crisis rocking the opposition People’s Democratic Party (PDP) in Ekiti State deepened yesterday as the leadership of the party accused ex-governor Ayodele Fayose of selling the party secretariat to himself by proxy. The party which threatened to sue Fayose said the secretariat, which was a collective property of PDP members and stakeholders, was allegedly sold by the ... Read More »

First Casualty: Mesut Ozil set for Fenerbahce loan as Arteta wields the stick

First Casualty: Mesut Ozil set for Fenerbahce loan as Arteta wields the stick

Mesut Ozil is set to be the first casualty of the Mikel Arteta reign as he’s closing in on a January loan to Turkish side Fenerbahce, as the Arsenal midfielder looks to get his career back on track. The former Germany international has had a torrid time of it so far this campaign, featuring very rarely for the Gunners under Unai Emery, while his ... Read More »

Breaking:Red-hot Haaland flies into Manchester for talks with Solskjaer

Breaking:Red-hot Haaland flies into Manchester for talks with Solskjaer

Erling Haaland  flies  in for further talks with Manchester United on(today) Friday morning as he potentially closes in a move to Old Trafford. The prolific Red Bull Salzburg striker took a Norwegian Airlines flight from Stavanger in his homeland to Manchester set to land at 10.15am. His father, the former Nottingham Forest, Leeds United and Manchester City player, Alf-Inge Haaland, was with ... Read More »

Access Bank Showcases Art, Fashion

Access Bank Showcases Art, Fashion

The second edition of the Born in Africa Festival (BAFEST), an initiative of Access Bank Plc, recently held in Lagos. Following a successful maiden edition last year, this year’s edition was also a success, according to a statement. Themed, “More for the Culture,” the 2019 BAFEST was a dynamic fusion of African art, film, fashion and music, attracting thousands of ... Read More »

NJC recommends 33 judges for appointments

NJC recommends 33 judges for appointments

The National Judicial Council (NJC) has recommended the appointment of 33 judicial officers, including Chief Judges for six states. NJC’s spokesman Soji Oye announced this in a statement on Thursday in Abuja. Oye said the appointments will affect Anambra, Kebbi, Cross River, Zamfara, Ogun, Osun, Rivers, Imo, Sokoto, Ekiti and Niger states. Those recommended for appointment as Chief Judges are: ... Read More »

NGF:  FG’s $29.96bn Loan Bid Doesn’t Involve States

NGF: FG’s $29.96bn Loan Bid Doesn’t Involve States

The 36 states of the federation thursday distanced themselves from the request by the federal government to the National Assembly to borrow $29.96 billion. The governors of the 36 states under the auspices of the Nigeria Governors’ Forum (NGF) said in Abuja that since it was the federal government, and not the federation that wanted to borrow the fund, the ... Read More »

Adoke under interrogation over $1.06b Malabu deal

Adoke under interrogation over $1.06b Malabu deal

A former Attorney-General of the Federation and Minister of Justice Mohammed Bello Adoke (SAN) was on Thursday taken into custody by the Economic and Financial Crimes Commission (EFCC), shortly after returning into the country. He was undergoing grilling at the Wuse 2 Annex Office of the anti-graft commission as at 9.32pm. Adoke’s passport was seized by the agency. The EFCC ... Read More »

Nigeria contemplates N2tr loan from pension fund for roads, other infrastructure

Nigeria contemplates N2tr loan from pension fund for roads, other infrastructure

Nigeria may have to borrow N2 trillion from the Pension Fund if the National Economic Council (NEC) gives the go ahead to do so early next year. This indication was given on on Thursday during a briefing by governors Babajide Sanwo-Olu (lagos), Atiku Bagudu (Kebbi) and the Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed, after NEC’s 100th ... Read More »

EFCC Secures Final Forfeiture of Properties Belonging to PEF’s General Manager

EFCC Secures Final Forfeiture of Properties Belonging to PEF’s General Manager

The Economic and Financial Crimes Commission, EFCC on Thursday, December 18, 2019 secured the final forfeiture of properties belonging to one Goddy Nnadi, general manager, Corporate Service, Petroleum Equalization Fund, (PEF) and Galbani Nigeria Limited, before Justice Folashade Giwa of the Federal Read More »

Our fight against corruption total, devoid of political or ethnic inclinations- Malami

Our fight against corruption total, devoid of political or ethnic inclinations- Malami

Minister of Justice and Attorney General of the Federation, Abubakar Malami SAN has the current administration’s ” fight against corruption is total, comprehensive and dispassionate devoid of any political or ethnic sentiments or inclination.” Malami who spoke on Thursday in Abuja at the end of the year Judicial Correspondents Achievement Award noted that “One of the multiple institutions involved in ... Read More »

Founder of Sotitobire demands N100m from SSS over detention

Founder of Sotitobire demands N100m from SSS over detention

Founder of Sotitobire Praising Chapel, Akure, Pastor Alfa Babatunde, has filed a suit against the State Security Service at the Federal High Court sitting in Akure, the Ondo State capital, over his arrest and detention by the agency. He said his arrest and detention were illegal and infringement of his fundamental human rights. A mob burnt the church was burnt ... Read More »

FG stops capital releases for 2019 budget,says new budget starts in weeks time

FG stops capital releases for 2019 budget,says new budget starts in weeks time

The Federal Government has halted further releases for 2019 capital projects to prepare for the implementation of the 2020 budget starting next month. Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed made this disclosure in Abuja yesterday at the public presentation breakdown of the 2020 budget. According to Ahmed, “we have been able to release N1.2 trillion, we ... Read More »

NGF: N30,000 Minimum Wage is Settled,but states can pay more if they can

NGF: N30,000 Minimum Wage is Settled,but states can pay more if they can

Governors of the 36 states ended their meeting Wednesday night stating that there would be no controversy on the payment of the N30,000 minimum wage, but insisted that payment would depend on each state ability to pay as all fingers are not equal. Briefing newsmen Wednesday night, the chairman of the Nigeria’s Governors’ Forum, who is also the governor of ... Read More »

Breaking:EFCC picks up Adoke on arrival from Dubai

Breaking:EFCC picks up Adoke on arrival from Dubai

The Economic and Financial Crimes Commission (EFCC) has picked up a former Attorney-General of the Federation and Minister of Justice, Mr. Mohammed Adoke( SAN) upon arrival from Dubai, United Arab Emirates. Adoke is being probed alongside others over $1.06billion Malabu Oil Block ( OPL 245) deal. The ex-AGF was arrested in Abu Dhabi on November 11 after being watch-listed by ... Read More »

Boko Haram: Zulum decries serial attacks on Askira-Uba communities

BY INUSA NDAHI, MAIDUGURI Borno Governor, Prof. Babagana Umara Zulum has expressed serious concern over recent attacks by Boko Haram in some towns and villages of Askira-Uba local government area of the state. The reaction follows boko haram’s attack on Chul village this week, after similar attacks on Rumirgo, Lassa, Mussa, Kufa and Gwandam, all in Askira-Uba within the last ... Read More »

FG, states, LGCs share N635.826Bn for November  2019

FG, states, LGCs share N635.826Bn for November 2019

BY ONYEKA AJUMOBI ONOCHIE The Federation Account Allocation Committee (FAAC), on Wednesday, shared a total of N635.826 billion as monthly allocation to the federal, state and local governments for November 2019. The amount, inclusive of Value Added Tax (VAT), Exchange Gain and Forex Equalization, sees the federal government receiving N267.883 billion, representing 52.68%, while the states received N172.569 billion representing ... Read More »

Rates Crash Further as Banks Race to Beat 65% LDR Deadline

Rates Crash Further as Banks Race to Beat 65% LDR Deadline

In a bid to meet the December 31, 2019 deadline for them to achieve the 65 per cent minimum loan-to-deposit ratio (LDR) stipulated by the Central Bank of Nigeria (CBN), banks have adjusted downwards their lending and deposit rates. The review was also attributed to the recent decision by the central bank banning individuals and local firms from investing in ... Read More »

FG Releases N1.2tn Capex, Puts Revenue Performance at N4.2tn

FG Releases N1.2tn Capex, Puts Revenue Performance at N4.2tn

The Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed, wednesday put the amount so far released to fund the capital expenditure (capex) in the 2019 budget at N1.2 trillion. She also put the prorated revenue performance in the third quarter of the current fiscal year for nine months at N4.2trillion. She gave the figures while briefing State House ... Read More »

Magashi to Zulum: ‘Military happy with your competence as Borno Gov’

Magashi to Zulum: ‘Military happy with your competence as Borno Gov’

The Nigerian Military is happy that a resourceful, competent and determined Professor Babagana Umara Zulum is the governor of Borno, at a challenging time, Minister of Defence, retired Major General Bashir Magashi has said. Magashi spoke in Maiduguri early this week when he led the Chief of Army Staff, Lieutenant General Tukur Buratai and the Chief of Air Staff, Air ... Read More »

Konduga: 17,000 get food aide as Zulum eyes Damboa, Biu, Gwoza

Borno Governor, Professor Babagana Umara Zulum has concluded plan to storm Damboa, Biu and Gwoza with food for displaced and vulnerable persons. This is in continuation of his administratuon plan to get food, cash and other relief materials to displaced and vulnerable persons across the state. The governor was last Friday at Konduga town to supervise the distribution of food,, ... Read More »