•Senate moves to tackle killings as retired military chiefs, Reps lament insurgents’ use of sophisticated arms Retired military generals have again called on the Federal Government to urgently equip the Nigerian Armed Forces, amid growing concerns over the resurgence of terrorists’ attacks and killings in the North-East. This comes asContinue Reading
Electricity generation companies want President Bola Tinubu to hasten the plan of meeting with the firms over the N4.7tn power sector debt to the Gencos. While saying there is no date fixed for the meeting yet, the Gencos want the meeting to take place as soon as possible. In aContinue Reading
Eight members of the House of Representatives on Tuesday announced their defection from their political parties to new ones. Six lawmakers from Delta State formally dumped the Peoples Democratic Party (PDP) for the All Progressives Congress (APC), while two lawmakers from Enugu State left the Labour Party to join theContinue Reading
The Federal High Court in Lagos will on July 18 hear a suit by Sterling Bank and its subsidiaries challenging the House of Representatives’ authority to investigate the management of funds in the accounts of two of its customers – Dr. Innocent Usoro and Miden Systems Limited. The plaintiffs –Continue Reading
The Federal Executive Council (FEC) has approved a Nigeria First economic policy targeted at prioritising the use of locally manufactured goods and services in all government procurements. Nigeria’s Minister of Information and National Orientation, Mohammed Idris, said this on Monday after the FEC meeting in Abuja. Mohammed said the policyContinue Reading
President of Dangote Group, Aliko Dangote, at the weekend visited President Bola Tinubu in Abuja, lauding him for what he described as assembling a ‘capable leadership team’ at the Nigerian National Petroleum Company Limited. During the visit, Dangote highlighted the appointments of Bashir Ojulari as Group Chief Executive Officer andContinue Reading
Lagos, Nigeria: Leading commercial bank and Africa’s most agile company, Sterling Bank has announced the introduction of AlwaysOn by Sterling, a bold new feature on its OneBank platform that will give eligible customers up to ₦1 million extra every month -even when their account balances are running low. Launched onContinue Reading
Despite headwinds, Budget 2025 will be implemented to achieve its objectives, Federal Government sources said yesterday. A drastic drop in oil price and delayed take-off, among other factors, are threatening the N54.99 trillion Appropriation Act. An official said there was no cause for worry because the government can easily adjustContinue Reading
The Niger Delta Development Commission has warned the public regarding the activities of fraudsters offering non-existent postgraduate scholarships to unsuspecting victims. The Director of Corporate Affairs at the NDDC, Mrs Seledi Thompson-Wakama, issued the warning in a statement released in Port Harcourt on Sunday. She disclosed that the scammers hadContinue Reading
The Nigeria Education Loan Fund (NELFUND) insists no money is missing from the student loan scheme despite claims to the contrary. A recent report had alleged that some schools were diverting money meant for the scheme operated by NELFUND. That prompted the Independent Corrupt Practices and Other Related Offences CommissionContinue Reading