BY GODWIN OBI Immediate past Controller of the Federal Operations Unit, zone A Lagos, Comptroller Hussein kehinde Ejibunu has disclosed that his unit made seizures worth N35.9 billion in the two and half years he held sway at the Unit. Briefing newsmen yesterday during a hand over of the unitContinue Reading
BY GODWIN OBI The Nigerian Army on Friday released the King of Ewu Kingdom, Clement Ikolo, who had been in detention following the killing of 16 personnel in Okuama community in Delta on March 14. The traditional ruler had surrendered himself after he was declared wanted alongside seven other suspectsContinue Reading
The $1.1 billion port rehabilitation project announced by the Nigerian Ports Authority (NPA) five months ago received a major boost on Wednesday with the signing of a $700 million facility agreement with Citibank. Speaking during the signing of a mandate letter with Citibank Nigeria in Lagos, the Managing Director ofContinue Reading
BY GODWIN OBI The $1.1 billion port rehabilitation project announced by the Nigerian Ports Authority (NPA) five months ago received a major boost on Wednesday with the signing of a $700 million facility agreement with Citibank. Speaking during the signing of a mandate letter with Citibank Nigeria in Lagos, theContinue Reading
BY GODWIN OBI The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, says the country is not using its foreign reserves to defend the naira. He stated this on Wednesday in Washington DC where he is attending the International Monetary Fund-World Bank Spring Meetings. Cardoso said $600m cameContinue Reading
BY GODWIN OBI Justice Emeka Nwite of the Federal High Court Abuja has adjourned the suit instituted by the Economic and Financial Crimes Commission (EFCC), against the immediate past Governor of Kogi State, Yahaya Bello, to April 23, 2024. The adjournment is for substituted service and possible arraignment of BelloContinue Reading
BY GODWIN OBI The Nigerian government is making progress in consultations regarding the reopening of the country’s land borders, according to the Comptroller-General of the Nigeria Customs Service (NCS), Adewale Adeniyi. He spoke after the inauguration of the National Single Window Project. He said he has been in touch withContinue Reading
•Police discover more hideouts, weapons on UCH premises•Arrest 2; Man-O-War disowns suspect•Ignore those agitating for Yoruba Nation —Ooni•Our members not involved in Oyo invasion —OPU BY JAMES AKINOLA Yoruba Nation agitators yesterday, threatened to cause more havoc if security agents refuse to release their members who hoisted their flag atContinue Reading
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, says the Nigerian economy is moving in the right direction as policies of the new administration has started slowing down food inflation. The minister spoke virtually on Channels Television’s Business Incorporated programme on Tuesday from Washington DC whereContinue Reading
•Urges Tinubu to drop appointees who fail to deliver BY GODWIN OBI Former governor of Kaduna State, Nasir El-Rufai, has said the Federal Government has continued to pay for fuel subsidy. Speaking in Maiduguri Borno State, yesterday, El-Rufai said the government is now paying more subsidy than it was payingContinue Reading