By Chidi Nkwopara OWERRI—Flood has sacked scores of families and destroyed properties worth millions of naira in Egbu autonomous community of Owerri North Local Government Area of Imo State. Vanguard investigations revealed that the incident was occasioned by the torrential rainfall, which hit parts of the state for the greater part of last Sunday. It […]

By Tony Edike ENUGU—CONTROVERSIES have continued to trail the distribution of the Enugu state’s quota of the Federal Government subsidized fertilizers allocated to the state, as security agencies have impounded allocations genuinely made to  beneficiaries by the State Ministry of Agriculture. While the State Board on Fertilizer Procurement and Distribution is kicking against Governor Sullivan […]

By Luka Binniyat ABUJA -  Chairman,  House of Representatives Committee on Public Petition, Cyril Maduabum, said yesterday in Abuja, that no fewer than 500 petitions from individuals, communities, corporate bodies and organisations had been received by his committee from 2007 till date. Maduabum also encouraged Nigerians who have no financial  strength to seek redress from […]

By Luka Binniyat ABUJA – The House of Representatives Committee on the Niger Delta Commission (NDDC) has distanced itself from a news media report that N26.4  billion is missing from the NNDC revenue profile. Speaking at a press conference at the National Assembly, yesterday, Chairman of the House of Representatives Committee on NDDC, Nicholas Mutu […]

By Innocent Anaba LAGOS  -  A Federal High Court sitting in Lagos, yesterday, suspended ruling on the admissibility of the seven statements of account belonging to a Nigerian-based Indian businessman, Patrick Fernandez, who is standing trial over alleged attempt to defraud some Nigerian banks to the tune of N32 billion. Justice Ramat Mohammed based the […]

By Vincent Ujumadu AWKA – THE Anambra State House of Assembly has waded into the controversial sacking of 44 members of staff of the state–owned Anambra Broadcasting Service (ABS) with a view to correcting the alleged victimization of the affected staff. Already, the House has passed a resolution urging government not to interfere with the […]

By Taye Obateru Jos — Chairman of the Commission of Inquiry into last year’s crisis in the Plateau State capital, Prince Bola Ajibola, yesterday, descended heavily on Human Rights Watch for presenting a report based on hearsay on the crisis. The body had alleged that 700 people died in the crisis. He expressed disappointment with […]

Kaduna — The House of Representatives has advised the Federal Government not to go ahead with its plan to restructure the Ajaokuta Steel Company Limited (ASCL) at this period of economic meltdown because it will lead to retrenchment of thousands of staff. It, however, urged the government to embark on a technical audit of the […]

INSPITE of the plethora of rebuttals by Nigerians against the proposed 6000 Megawatts (Mw) of electricity by December, the federal government has come out hard to reaffirm its stand and commitment over the controversial project.

According to the World Bank’s Country Director, Dr. Onno Ruhl, who signed the loan agreement with the Federal Government on behalf of the bank, in Abuja, yesterday, fighting malaria was being given priority owing to its high death rate among children.

STAKEHOLDERS in the Nigerian capital market have pledged their readiness to partner with the Securities and Exchange Commission (SEC), on the successful implementation of the accepted recommendations of the Dotun Sulaiman National Committee on the Review of Capital Market Structure and Processes.

DESPITE the global financial meltdown that isis currently affecting several global business interests, African Petroleum Plc a leading company in the Nigerian oil and gas industry has sustained its return to greater profitability.

According to the governor, the new bill “takes away the total royalty of the people of the Niger Delta without recourse to the environmental hazards suffered by the people, such intention does not, in anyway, represent justice, but impunity”.

A venture capitalist and investment management advisor, Alitheia Goodwell Microfinance Bank, a subsidiary of Alitheia Capital, in order to improve the performance of Nigerian microfinance institutions, MFIs, is advocating for the importation of technical capacity so as to make the sector more appealing and also attract increased foreign donor grants.

The Group Managing Director of Oceanic Bank International Plc, Dr. Cecilia Ibru has called for the adoption of a public-private partnership model in fighting diseases and improving healthcare delivery across the country.