The Minister of Finance, Kemi Adeosun said on Thursday in Lagos that the N165 billion monthly salaries to federal civil servants was over-bloated and could no longer be sustained by government.

There was drama at the Federal High Court sitting in Lagos today when senior members of the bar accused Ecobank’s lawyer, A. O. Ogunba, SAN of disrespecting the bench in the matter between Honeywell Group and Ecobank. It will be recalled that on 16th October, 2015, Ecobank, through A.O. Ogunba, SAN, sought ex parte orders against Honeywell before Justice Tsoho. When Justice Tsoho refused to grant the orders, Ogunba on the same day went to Justice Yunusa J. to seek for the granting of the ex parte orders. Ogunba later succeeded in procuring the ex parte orders from Justice Yunusa; who is currently answering allegation of corruption before the National Judicial Council.

Nigeria spent a total of $710.97 million in capital importation in the first quarter of 2016.

In what is fast becoming a routine apparently borne out of the need to give his government a direction and also entrench good governance in the country, President Muhammadu Buhari on Wednesday night met with the leadership of the National Assembly and some leaders of the All Progressives Congress, APC, at the Presidential Villa, Abuja.

The Chinese Ambassador to Nigeria, Gu Xiaojie on Thursday commended President Muhammadu Buhari’s anti-corruption and economic development policies.