The Nigerian-German Business Association, yesterday, set an A.G.E.D.A. for business owners and operators in Nigeria to reduce the chaotic business environment in the country, help them increase their profit margins, contribute meaningfully to the GDP. The well attended event was held in collaboration with The Nation newspaper in Lagos. The theme of the event […]

…exceeds target by N41b  The Nigerian National Petroleum Corporation (NNPC) said it met its financial obligations to the Federation Account in 2018 by remitting N1.26 trillion as against the N1.22 trillion projected in the 2018 budget, recording a surplus of N41billion. Managing Director of NNPC Capital, Mr. Godwin Okonkwo, made this submission when he represented […]

  A total of N616.198 billion was shared the federal, state and local governments from the federation account for the month of April, 2019. Addressing journalists at the end of the monthly, Federation Account Allo ation Committee (FAAC) meeting in Abuja yesterday, the Acting Accountant General of the Federation and Director Funds in the Treasury […]

Olusola Fabiyi, Kamarudeen Ogundele, Eniola Akinkuotu, Leke Baiyewu and Leye Aluko The Economic and Financial Crimes Commission has arrested the Ekiti State Commissioner for Finance, Chief Toyin Ojo, and the Accountant General, Mrs. Yemisi Owolabi, for their alleged roles in the diversion of N7bn. The money was alleged to have been part of the bailout […]

The Independent Corrupt Practices and Other Related Offences Commission has accused a former Kebbi State Commissioner for Finance, Alhaji Mohammed Tunga; and a former Secretary to the State Government, Alhaji Garba Kamba, of diverting N664m. The ICPC said in a statement by its spokesperson, Mrs. Rasheedat Okoduwa, that N315m out of the money was meant […]

The Oyo State Governor Abiola Ajimobi has said despite having enough reasons to depose the Olubadan of Ibadan land, Oba Saliu Adetunji, he will not do so. He said he would not allow the present crisis to degenerate to a level that would cause acrimony between him and the monarch.Ajimobi said this during a meeting […]

A Moscow court said Thursday it had issued an arrest warrant for Russian whistleblower Grigory Rodchenkov, who helped orchestrate the country’s state-sponsored Olympic doping programme and has since fled to the United States. “The investigators put Rodchenkov on an international wanted list. Our court on September 21 issued a ruling to arrest him in absentia […]

The Chairman of the South-East Governors Forum and Governor of Ebonyi State, David Umahi, has said that the forum has resolved to rehabilitate and reintegrate members of the outlawed Indigenous Peoples of Biafra. The governors, he said, decided to proscribe the activities of the outlawed group to save the lives of 12 million Igbo living […]

Officials of the Independent National Electoral Commission were at the National Assembly Complex, Abuja, on Tuesday, to serve the embattled lawmaker representing Kogi West Senatorial District, Senator Dino Melaye, the petition by his constituents to recall him. The officials, however, met Melaye’s office (Room 2.13, New Building, Senate Wing) locked. Our correspondent sighted his aides, […]

The Economic and Financial Crimes Commission has challenged the power of the Sokoto State Governor, Aminu Tambuwal, for pardoning five defendants including a serving commissioner in his cabinet, Alhaji Tukur Alkali, who is the Commissioner for Animal Health and Fisheries Development. Others pardoned include the Commissioner for Home Affairs, Isa Achida; the Chairman, Governing Board, […]