By Kenneth Ehigiator

LAGOS—The Nigerian Airspace Management Agency (NAMA), has threatened to ground the operations of foreign airlines owing it.

Its chairman, Alhaji Abubakar Baraje, however, said in Lagos that it would be lenient with domestic airlines owing it.

Baraje regretted that foreign airlines were owing NAMA debts running into millions of naira from navigational [...]

Osisioma (Abia)—Independent oil marketers in Abia State, have closed their service stations in protest over the “incessant harassment and arrest” of tanker drivers by the Nigerian Security and Civil Defense Corps (NSCDC).

It was gathered that the Chairman of the Petroleum Tanker Drivers Union (PTDU), Chief Goddy Ukwu, and six other drivers, who went to [...]

ONITSHA—The Progressive Peoples Alliance (PPA) in Anambra State, yesterday said it has no deal with the Peoples Democratic Party(PDP) in the February 6, governorship election in the state.

Chairman of the party in the state, Chief Anthony Igboka, who spoke with Vanguard, described as false and baseless,  insinuations in some quarters that the party struck [...]

By Babajide Komolafe & Michael Eboh

KADUNA—The Nigerian Deposit Insurance Corporation (NDIC), said a majority of microfinance banks (MFBs), in the country have closed shop.

NDIC’s Deputy Director, (Research), Dr. Jacob  Afolabi, at a workshop organised for finance correspondents in Kaduna, said less than half of MFBs file returns to the Central Bank of Nigeria [...]

The inadequate supply of gas to the thermal power stations in the country, representing more than 85 percent of the national electricity generation output, is capable of undermining the massive investment on generation, transmission and distribution facilities, an economist, Mr. Friday Udoh, has said.

The Lagos State House of Assembly, yesterday, pardoned the state Commissioner for Tourism and Inter-Governmental Affairs, Senator Tokunbo Afikuyomi, after tendering his apology over his failure to submit the relevant documents on the current Sunborn Yacht Hotel controversy early.

Former Vice President Atiku Abubakar has denied ever apologizing to Asiwaju Bola Ahmed Tinubu and other leaders of the Action Congress (AC) for reportedly making an attempt to leave the party for the Peoples Democratic Party (PDP).

Minister of Information and Communications, Professor Dora Akunyili, has called on the NLC and its affiliates to exercise self-control on its ongoing protest on the proposed deregulation of the downstream oil sector.

The Soko-to State government is set to prosecute the immediate past governor of the State, Alhaji Attahiru Bafarawa, his Secretary to the State Government, Alhaji Muhammad Maigari Dingyadi and four others for alleged misappropriation of N2.919 billion.

No fewer than 400 returnees from the ceded Bakassi Peninsula have arrived Nigeria with gory tales of inhuman treatment meted to them by the Cameroonian gendarmes.

By AbdulSalam Muhammad

KANO — Peoples Democratic Party (PDP) legislators in Kano State House of Assembly have threatened to drag the House to court following the approval it gave to the state government to secure $40 million ECOWAS loan.

Minority leader of the House, Alhaji Gambo Salau told newsmen in Kano that there are procedural [...]

FIRST son and family head of the late Senate President, Chief Evan Enwerem, Mr Miguel Enwerem, yesterday narrowly escaped being sent to two-week jail term for failing to comply with an order of a Federal High Court sitting in Lagos.