Just in: Fed. High Abuja orders temporary forfeiture of Maina’s property

Following the effort of the Economic and Financial Crime Commission (EFCC) to unravel alleged corrupt practices that held sway under Mr. Abdulrasheed Maina as the former Chairman of Pension Reform Task Team (PRTT), a Federal High Court, Tuesday, has ordered temporary forfeiture of

Reps frown at discrepancies in Accountant General’s budget

Tony Akowe, Abuja   The House of Representatives on Monday frowned at discrepancies in the budget presentation of the office of the Accountant General of the Federation while directing him to furnish the House with details of released to all federal agencies and

Presidency decries impediments to Fed. Projects, Asks States to resolve land issues

  The presidency has warned that, henceforth, the Federal government might be forced to re-allocate projects elsewhere if any State government or communities create unnecessary impediments in the allocation of land or access to such lands for federal projects. The call was contained

Buhari departs Abuja Monday for Russia-Africa summit in Sochi

  President Muhammadu Buhari will on Monday depart Abuja for a three-day Russia-Africa Summit in Sochi, Russia, from October 23rd – 25th The summit will focus on exploring and expanding opportunities in security, trade and investment, science and technology, and gas production. According

FG suspends MTN’ s N4 USSD charges

The federal government has ordered the Nigerian Communications Commission(NCC) to suspend the N4 per second imposed by MTN on subscribers to USSD access to banking services charges. The Minister of Communications Dr Ibrahim Ali Pantami gave the directive through a statement by his

Fed. Govt earmarks $1.61bn for constant power supply – TCN

By Agency Reporter The Managing Director, Transmission Company of Nigeria (TCN), Alhaji Usman Gur says the Federal Government in collaboration with international donor agencies has set aside over 1.61 billion dollars to ensure constant power supply in the country. Gur, who is also

Banks lose N18.9 billion to fraudsters

Collins Nweze   THE funding positions of seven commercial banks are inadequate, the result of Central Bank of Nigeria (CBN) stress test released on Thursday, has shown. The financial stability report signed by CBN Director, Financial Policy and Regulation Department, Kelvin Amugo, showed

Minimum wage saga: NLC extol agreement, described it as victory for workers

Rising from what can be described as a successful negotiation, the Nigeria Labour Congress has described the signing of an agreement by the Federal Government and Organised Labour on the percentage increase on the consequential adjustment in workers’ salaries as a result of

Madumere tasks Nigerians on Patriotism

The immediate past deputy governor of Imo State, Prince Eze Madumere has called on Nigerian to imbibe the spirit of patriotism, saying is the only national character requisite for national development. Prince Madumere made the call recently while fielding questions from newsmen during

Buhari approves N10b for Enugu Airport

President Muhammadu Buhari has approved the release of N10 billion Special Intervention Fund for immediate repairs and upgrade of the Akanu Ibiam International Airport, Enugu. This was the high point of the courtesy call on the President by a delegation of governors and