President Muhammadu Buhari has said Nigeria lost an estimated $157.5 billion to illicit financial flows between 2003 and 2012. He quoted the figure from the 2014 Global Financial Integrity Report in his address to the High-Level National Side-Event organised by the African Union Development Agency and New Partnership for Africa’s Development (AUDA-NEPAD) and the Economic […]

The police on Wednesday arraigned Agba Jalingo at the Federal High Court in Calabar, the Cross River State capital, after keeping him in detention for 34 days. Jalingo, an ally of RevolutionNow Convener Omoyele Sowore, is a journalist and publisher of an online news site, CrossRiverWatch. The journalist was reportedly picked up at his Lagos […]

THE Federal Government plans to devote N2.45trillion (about 24.5 per cent) of its N10.002trillion 2020 budget estimates on debt servicing, according to the Medium Term Expenditure Framework and Fiscal Strategy Paper (MTEF/FSP) submitted to the National Assembly on Wednesday. In the MTEF/FSP document, the Federal Government has also adjusted the 2020 budget figures from N9.789 […]

FIRMS linked to Irish firm Process and Industries Developments (P&ID) withdrew $700,00 cash at once in breach of Nigeria’s financial law, the Economic and Financial Crimes Commission (EFCC) has uncovered. Nigerian prosecutors are probing payments through Allied Irish Banks Plc to unravel who received what and how as they close in on individuals and companies […]

President Muhammadu Buhari on Wednesday applauded the contributions of Bill and Melinda Gates Foundation, and Aliko Dangote Foundation to humanitarian and developmental activities in Nigeria. Meeting with the duo at the sidelines of the 74th United Nations General Assembly in New York, the President said they have touched humanity in many positive ways, and congratulated […]

The Senate Thursday commenced the consideration of its Legislative Agenda. The Senate had on Wednesday received the report from its ad-hoc committee on the 9th Senate’s Legislative Agenda. Senator Adamu Aliero representing Kebbi Central Senatorial District, chaired the ad-hoc committee. Details later..

  …Senate rolls out legislative agenda       President of the Senate, Ahmad Ibrahim Lawan, on Wednesday charged standing committees of the upper chamber to ensure the discharge of their duties with a view to addressing major challenges facing the nation.   Lawan gave the charge in his remarks during the inauguration of the standing […]

  It was a night filled with magnificence and splendor as music lovers and fun seekers were treated to topnotch entertainment at the Zenith Bank Aspire Music Festival which held on Saturday, September 21, 2019 at the Harbour Point Event Centre, Victoria Island, Lagos.   The musical festival lived up to its billing as the […]

The Senate on Tuesday summoned the Attorney General of the Federation and Minister of Justice, Abubakar Malami to brief it on the details of the $9.6billion judgement awarded against Nigeria and the  2010 Gas contract to the Process and Industrial Development (P&ID) Limited. This followed a motion for a matter of urgent public importance moved […]

Labour leaders and Federal Government officials will meet between tomorrow and Friday to unlock the stalemate over the payment of the N30,000 minimum wage. Minister of Labour and Employment Chris Ngige said the government had commenced payment of the new wage from Levels 1 to 6 workers. But Labour leaders accused the government of insincerity. […]