Luminous Jannamike – Maiduguri The United Nations Children’s Fund (UNICEF) said on Thursday that about 2.5 million children under the age of five in Nigeria suffer severe acute malnutrition. UNICEF’s nutrition specialist, Ms. Abigail Nyukuri, stated this at a two-day media dialogue on an integrated and timely response to nutrition-related humanitarian needs, organised in Maiduguri,  […]

Asks FG to pay $200 million security for stay Soni Daniel The United Kingdom (UK) Commercial and Arbitration Court on Thursday granted a stay of execution of the earlier judgment asking the Nigerian government to pay the sum of $9.6 billion to Process and Industrial Development Limited (P&ID) over a failed Gas Supply and Processing […]

By Harris Emanuel, Uyo Akwa Ibom government says it inherited a debt of N4 billion from the previous administration for the medical equipment procured for the Ibom Special hospital. It explains that the total cost of the equipment was about N7.3 billion “found in the books” adding that the debt now stands at N1.3 billion […]

The Department of Petroleum Resources (DPR) says it has sealed eight erring fuel and gas stations in Ondo and Ekiti states over alleged sharp practices and other various offences. Mr Adewale Oseni, the Operations Controller of DPR, Akure field office, disclosed this to newsmen on Thursday in Akure at the end of a two-day surveillance […]

The Nigeria Deposit Insurance Corporation (NDIC) said it had commenced payment to depositors of 154 Micro Finance Banks (MFBs) that the Central Bank of Nigeria (CBN) revoked their licenses in 2018 due to insolvency. Alhaji Umaru Ibrahim, Managing Director, NDIC, said this at the Corporation’s day at the ongoing 14th edition of Abuja International Trade […]