Nyesom Wike’s $150million Fairy-Tale About Amaechi and APC

Nyesom Wike’s $150million Fairy-Tale About Amaechi and APC

Minister of Transportation, Rt. Hon. Rotimi Amaechi has reacted to allegations levelled against him by his successor, Governor, Nyesom Wike, of Rivers State, that he (Amaechi) spent $150m to fund the campaign of All Progressives Congress' elections while in office.
Visible Articles 5 10 15
Photos: Labour protests electricity tariff hike in Abuja

Photos: Labour protests electricity tariff hike in Abuja

Under the new power tariff regime, electricity consumers in R2 class, said to be under residential, will payN24.30 per kilowatt in Abuja; Benin-N24.08; Enugu-N27.13; Ibadan -N23.09; Jos- N26.93; Kaduna – N27.36 and N28.05 (in single phase and three phases); Kano – N20.26 and N26.41; Ikeja – N21.30 and N21.80; Port Harcourt –N24.91; Eko- N24.00 and 25.79; Yola –N23.25 and N24.75 per kilowatt. Meanwhile, residential customers under R2 class within Abuja

Alleged N32bn fraud: ‎Dasuki loses bid to stop trial

Alleged N32bn fraud: ‎Dasuki loses bid to stop trial

An Abuja High Court sitting at Maitama has declined to quash the 19-count money laundering charge that was preferred against the former National Security Adviser, NSA, Col. Sambo Dasuki (retd), by the Economic and Financial Crimes Commission, EFCC.

We can’t identify true owners of oil blocks, assets — NEITI

We can’t identify true owners of oil blocks, assets — NEITI

The Nigerian Extractive Industries Transparency Initiative, NEITI, Monday, lamented that the true owners of some oil blocks and other oil and gas assets in Nigeria cannot be identified from the records of the Corporate Affairs Commission, CAC, as it accused owners of some of the assets of suppressing certain information and manipulating their records in the CAC, making it impossible to link them with the assets.

Electricity Tariff Hike: NLC protests in Owerri

Electricity Tariff Hike: NLC protests in Owerri

The Imo State Branch of Nigeria Labour Congress, NLC, has joined its counterparts in other states of the federation, to call on the Federal Government to reverse the hike in the electricity tariff, even as it warned that labour will not enter into any dialogue with Imo State Government over the over 3, 000 workers it sacked.

CBN earmarks over N1 trn to fund real sector

CBN earmarks over N1 trn to fund real sector

The Central Bank of Nigeria, CBN, has set aside over N1 trillion to promote lending to the real sector of the economy with a view to stimulating economic activities in the country. The Governor of the CBN, Mr. Godwin Emefiele, disclosed this at the 21st Seminar for Finance Correspondents and Business Editors in Ibadan, Oyo State capital, yesterday. Mr. Emefiele who spoke through the Deputy Governor, Corporate Services, Mr. Adebayo Adelabu, justified the massive interventions of the apex bank in financing the real sector of the economy, saying that the current trend in global central banking has gone beyond the core functions of monetary policy management.

Prof Soyinka unveils 2016 Vision of the Child

Prof Soyinka unveils 2016 Vision of the Child

THE Lagos State Government has commended Diamond Bank Plc for its leading role in championing the intellectual development of children and the growth of art in primary and secondary schools. Lagos state deputy governor,Dr Idiat Adebule stated this last week during the official announcement and unveiling of the 2016 Vision of the child painting and literary competition in Lagos. In an elaborate event at the Diamond Bank’s head office in Lagos, which was attended by Prof. Soyinka, Chief Nike Okundaye, Mr Victor Olaito, children from selected primary and secondary schools in Lagos, teachers,

Court issues ultimatum for Tompolo’s arrest

Court issues ultimatum for Tompolo’s arrest

A Nigerian court on Monday set a new deadline for the arrest of former Niger Delta militant leader Government Ekpemupolo, after he again failed to appear to face theft and money laundering charges. Judge Ibrahim Buba said Ekpemupolo, popularly known as “Tompolo”, had “refused to honour an invitation for investigation”. “A new order for his arrest is hereby given,” he added.

Full Telegraph interview with Buhari

Full Telegraph interview with Buhari

Nigeria’s President Muhammadu Buhari, last week, gave an exclusive interview to the Chief foreign correspondent of Daily Telegraph, Colin Freeman. Here is the full record of his remarks as published by the paper.

Why I’m frustrated — Van Gaal

Why I’m frustrated — Van Gaal

“That’s why I’m frustrated and my players are frustrated,” he said.

“When you are playing like we have played today (Sunday) and you are not making the gap smaller, you can say it’s misfortune, but it’s not the first time that it’s overcoming us.

ICC judge apologises for Gbagbo witness blunder

ICC judge apologises for Gbagbo witness blunder

The presiding judge at the trial of ex-Ivorian leader Laurent Gbagbo on Monday apologised for a major blunder last week in which the names of several protected witnesses were accidentally revealed.