Rivers Governor Nyesom Wike has flagged off the reconstruction of 3.85km Mgbuitanwo community road in Emohua Local Government Area. The road’s reconstruction was commissioned by former Benue Governor Gabriel Suswan on Monday. Wike said it was a disservice for political leaders to overlook
The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) has disclosed that a new Revenue Allocation Formula (RAF) will be ready before the end of 2021. RMAFC made this disclosure on Monday in statement it issued in Abuja. According to the Commission; “arrangements to
The former Deputy Governor of Imo State, Prince Eze Madunere has expressed gladness over Governor Hope Uzodimma’s well thought mega youth empowerment exercise, which would go long towards emelorating the suffering masses. The former deputy Governor’s goodwill message was expressed in a statement
By Taofik Salako, Deputy Group Business Editor The management of Polaris Bank Limited has explained the process leading to the deposit of $223.9 million funds of Nigerian National Petroleum Corporation (NNPC) into the defunct Skye Bank as well as subsequent transactions and process
An Investigating Officer with the Economic and Financial Crimes Commission (EFCC) Daniel Danladi, on Friday told Ikeja Special Offences Court how suspected fraudster used forged Citi Bank and FIRS documents to defraud a Kuwaiti businessman of the sum of $4.8 million. The defendants,
Host Communities to Oil Mining Lease (OML) 150 have issued a 21-day ultimatum to Conoil Producing Limited, operators of the Obodo Field, to open negotiation with the Comrade Monday Agbeyi-led Communities Consultative Forum so as to avoid being evicted from the area. The
President Muhammadu Buhari on Tuesday urged the Senate to consider and approve N895billion as Supplementary Budget. Senate President Ahmad Lawan read Buhari’s letter of request on the floor at plenary. The Federal Executive Council (FEC) had earlier approved the amount. A substantial part
Fiscal indices have continued to show that all is not well with Nigeria’s economy. To further prove that, yesterday, naira further depreciated to N500/$1 it recorded marginal gain against the greenback at the weekend. The naira closed last week at N498/$1, N2 weaker
The Federal Government has been ordered to pay Bayelsa State Government a total of $951million being the 13 per cent derivative sum due as arrears of revenue and payable to the state. Justice Inyang Ekwo of the Federal High Court, Abuja gave the
The United Arab Emirates (UAE) has suspended flights to and from Nigeria again. The Dubai’s Supreme Committee of Crisis and Disaster Management had lifted the initial ban on Saturday. It announced resumption of flights from Nigeria several months after the ban over COVID-19
London’s Metropolitan Police has revealed the identity of the teenage boy killed in Tuesday’s horrific
Abia State Governor, Dr. Alex Otti, OFR, says the welfare of Abia workers will continue
Delta State Governor, Rt. Hon. Sheriff Oborevwori, assured that his administration would set up a
Serious jubilation has reportedly rocked the Imo state chapter of the Peoples Democratic Party, PDP