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Osun Election: Oyebamiji accepts result, congratulates Adeleke

Osun Election: Oyebamiji accepts result, congratulates Adeleke

The All Progressives Congress (APC) candidate in the August 15 Osun State governorship election, Bola Oyebamiji, has accepted the outcome of the poll and congratulated Governor Ademola Adeleke, two weeks after the election. Adeleke, who contested on the platform of the Accord Party, was declared winner of the election. In a statement on Saturday, Oyebamiji […]
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N420bn is loan to troubled banks – CBN

N420bn is loan to troubled banks – CBN

The Central Bank of Nigeria (CBN), yesterday said “the injection of N420 billion into the five affected banks is neither equity nor a bail out by government but a normal central banking function of lender of last resort to the banks,”

Labour to buy-out NITEL/Mtel

Labour to buy-out NITEL/Mtel

ORGANISED labour in the nation’s telecommunication sector, under the umbrella of the Senior Staff Association of Communications, Transport and Corporations (SSACTAC), has declared interest in acquiring 75 per cent equity stake in the troubled national carrier, Nigeria Telecommunications (NITEL) Plc and its GSM arm, Mtel.

Why Nigeria’s economy slides, by Anya

Why Nigeria’s economy slides, by Anya

A FELLOW of the Nigerian Academy of Science (FAS), Professor Anya O. Anya, yesterday blamed the nation’s steady economic regression on the low premium we place on efforts to educate the workforce.

Militants surrender arms in Benin

Militants surrender arms in Benin

MILITANTS belonging to the Niger Delta Freedom Fighters, Olodiama chapter, on Wednesday in Benin surrendered arms and ammunition in their disposal to the Federal Government Committee on Amnesty at the Federal Government Girls College in the Edo State capital.

N20m drivers’ licence scam uncovered in Delta

N20m drivers’ licence scam uncovered in Delta

NEWLY-POSTED Delta State Commander of the Federal Road Safety Commission (FRSC), Mr. Luka Ikpi, yesterday raised the alarm over N20 million debt owed the commission as part of its due from the production of drivers’ licence in the state.

Varsity chancellors lament ASUU strike

Varsity chancellors lament ASUU strike

By Chris Ochayi ABUJA-The Forum of Chancellors of Universities yesterday raised the alarm over the ongoing industrial action by the Academic Staff Union of Univeristies (ASUU), which has paralysed academic activities in the universities, saying the situation is getting out of hands. The Asagba of Asaba and Chancellor of the University of Agriculture, Abeokuta, Ogun […]

5 killed, 15 injured in Anambra communal crisis

5 killed, 15 injured in Anambra communal crisis

By Vincent Ujumadu AWKA – THE communal crisis in Nkerehi in Orumba South Local Government Area of Anambra State has escalated with five persons feared dead and 15 others sustaining injuries in the latest confrontation between the two opposing camps. Seven houses were also burnt and properties were either destroyed or looted. The crisis started […]

Edo gets N908.99m grant

Edo gets N908.99m grant

EDO State government said yesterday that it has received a grant of N908, 994,440 under the 2008 Conditional Grant Scheme.

Kwara PDP denies endorsing Saraki’s guber ambition

Kwara PDP denies endorsing Saraki’s guber ambition

By Demola Akinyemi Ilorin – The People’s Democratic Party (PDP)  in Kwara State has stated that it has not endorsed Senator Gbemisola Saraki as the gubernatorial candidate of the party, just as it denied any rift between the senator and her brother, Governor Bukola Saraki over the governorship race in the state on 2011 polls. […]

IBC RATTAWU boss killed

IBC RATTAWU boss killed

By Chidi Nkwopara OWERRI – The Chairman, Radio, Television and Theatre Arts Workers Union (RATTAWU), Imo Broadcasting Corporation (IBC), Owerri, Mr Steve Nwauzoma, has been killed in his country home, Umueleba, Obokwe, Ngor Okpala Local Government Area of Imo state. Our Correspondent gathered that late Nwauzoma’s home was attacked by a group of unidentified armed […]

Yar’Adua approves more broadcast networks

Yar’Adua approves more broadcast networks

By Liade Akinboade ABUJA -  President Umaru Yar’Adau has approved the establishment of more broadcast network in Nigeria to broadcast along other existing government owned radio and television networks. The Federal Government owned Federal Radio Corporation of Nigerian (FRCN), and Nigerian Television Authority (NTA) are the only broadcast stations that currently has licence to carry […]

Ojukwu resigns from Obi’s  cabinet

Ojukwu resigns from Obi’s cabinet

By Vincent Ujumadu AWKA – MR. Emeka Odumegwu Ojukwu jnr, son of Ikenba Nnewi, Dim Chukwuemeka Odumegwu Ojukwu has resigned from the cabinet of Governor Peter Obi. His letter of resignation was dated August 31, 2009. Ojukwu was until his resignation, Commissioner for Special Duties and Transport and was in charge of the state environmental […]

Group plots Dikko’s sack as Customs boss

Group plots Dikko’s sack as Customs boss

By Ifeyinwa Obi There were indications that a group disturbed by the recent appointment of the new Comptroller General of Customs CGC,  Alhaji Abdulahi Dikko may have resorted to the use of trump up allegations to back up their demands for a review of the appointment. This has resulted in a petition purportedly written by […]

FG boosts indigenous shipping line with N14bn

FG boosts indigenous shipping line with N14bn

…seeks passage of transport bills By Chris Ochayi ABUJA- The Federal Government announced yesterday in Abuja that it has generated over N14 billion from the Cabotage Vessel Finance Fund (CVFF) with a view to distributing it to Nigerians who wish to own ships in order to boost indigenous shipping activities in the country. Minister of […]