The authorities of the Department of State Services have sent back to state commands the 253 operatives that were earlier deployed in the Presidential Villa, Abuja. It was learnt that the personnel were asked to go back to their respective commands on Wednesday, pending when the service would get further directives from the Presidency on […]
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Court clears Fani-Kayode of corruption charges
July 1, 2015 
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A Federal High Court in Lagos has dismissed the money laundering charges levelled against a former Minister of Aviation, Femi Fani-Kayode, by the Economic and Financial Crimes Commission. The trial judge, Justice Rita Ofili-Ajumogobia, in a judgment on Wednesday, freed Fani-Kayode after holding that “the prosecution case is feeble” and had failed to prove the […]
Continue reading CBN adjusts forex peg as naira hits 228
July 1, 2015 0 Comments
The Central Bank of Nigeria on Tuesday lowered the naira peg to 196.95 against the dollar from 196.90 it set last week. This made it the fourth time the CBN had adjusted the peg since it was introduced in February, Reuters reported. This happened just as the naira tumbled further to 228 against the dollar […]
Continue reading Money-laundering: Fani-Kayode knows fate today
July 1, 2015 2 Comments
Judgment will be delivered today in the trial of a former Minister of Aviation, Chief Femi Fani-Kayode. The former Director of Media and Publicity of the Peoples Democratic Party (PDP) Presidential Campaign is accused of money laundering. Justice Rita Ofili-Ajumogobia decided not to deliver the verdict on June 18 because the prosecution counsel, Mr. […]
Continue reading Okonjo-Iweala replies Oshiomhole, El-Rufai; denies spending oil money without approval
June 30, 2015 1 Comment
The allegation by some governors that a former Minister of Finance, Ngozi Okonjo-Iweala, spent $2.1 billion out of the Excess Crude Account “without authorization” is false, malicious and totally without foundation, the minister’s spokesperson said Tuesday. The governors of Edo State, Adams Oshiomhole; Kaduna, Nasir El-Rufai, had said that the National Economic Council, at a […]
Continue reading Facebook opens its first office in Africa
June 30, 2015 0 Comments
Facebook has opened its first headquarters in Africa as it looks to add to its existing 120 million users on the continent. The new office in Johannesburg will focus on growing markets in Kenya, Nigeria and South Africa, it says. About one in five people in Africa have internet access, but almost double that figure […]
Continue reading Enugu Judge disqualifies self over alleged bias in treason case
June 29, 2015 0 Comments
A Federal High Court judge sitting in Enugu, Justice V. Agishi, on Monday disqualified herself from adjudicating in an alleged case of treason against 11 accused persons. At the resumed hearing of the case on Monday, Justice Agishi said she could not continue to preside over the case as the accused persons had accused her […]
Continue reading I hate poverty, seeing me in a private jet shouldn’t be a big deal – Okorocha
June 29, 2015 1 Comment
Rochas Okorocha, the Governor of Imo State, has affirmed that there is no big deal for a government official to fly private jet. Speaking with SaharaTV on Saturday, Okocorcha said he hated poverty and injustice, adding that anyone criticizing private jet owner was poor. Speaking about the current economic state of Nigeria, and whether Governors […]
Continue reading Why I slept with my granddaughters – 75 year old
June 27, 2015 1 Comment
A 75-year old grandfather from Plateau State, who allegedly slept with his two granddaughters, has told the police that he was lured into the shameful act by his daughters. The Septuagenarian, Mr. Umoru Choji, who lives in Bukuru, Jos South Local Government Area of Plateau State, was said to have had canal knowledge of two of […]
Continue reading Buhari dissolves NNPC board
June 27, 2015 0 Comments
President Muhammadu Buhari has ordered the immediate dissolution of the board of the Nigerian National Petroleum Corporation, NNPC. The decision was conveyed in a letter, dated June 26, 2015, signed by the Head of Civil Service of the Federation, Danladi Kifasi. The letter quoted President Buhari as thanking members of the dissolved board for […]
Continue reading Kidnapping: Freed Reverend Father Says he was Fed With Frogs By Abductors
June 26, 2015 2 Comments
The clergyman of the Catholic Diocese of Ekiti, who was kidnapped a couple of weeks ago, Rev. Father Emmanuel Akingbade, Friday explained how he was fed with frogs by his abductors for the days he was held captive by unknown gunmen. The reverend father was kidnapped at his home in Ido Ekiti on June 9, […]
Continue reading We are not in support of fuel subsidy removal, NLC, TUC tell Buhari
June 26, 2015 0 Comments
The Nigeria Labour Congress (NLC) and the Trade Union Congress of Nigeria (TUC) have jointly warned President Muhammadu Buhari not to be deceived that they have agreed to support the removal of fuel subsidy, adding that the organised labour did not give its backing to oil subsidy removal. A joint statement signed by the NLC […]
Continue reading PDP blames Buhari as tetchy lawmakers exchange blows!
June 26, 2015 1 Comment
Punch reports: Federal Lawmakers in the House of Representatives on Thursday engaged in a free-for-all over the sharing of principal offices by the majority All Progressives Congress. Reacting to the development, the opposition Peoples Democratic Party slammed President Muhammadu Buhari, saying “the disgraceful act” in the House was a direct consequence of President Buhari’s lack of […]
Continue reading It’s shameful to import toothpick, fish, eggs, sugar, wheat – CBN
June 25, 2015 0 Comments
The Central Bank of Nigeria, CBN, yesterday said that importers of rice, cement and other products will no longer access Foreign Exchange from CBN, banks and bureaux de change for such importation. The CBN Governor, Mr Godwin Emefiele, who disclosed this at a news conference in Abuja, said the measure would prevent further depletion of […]
Continue reading Sometimes marriage break-ups are inevitable – Pope
June 24, 2015 1 Comment
Pope Francis on Wednesday acknowledged that sometimes it is impossible for spouses to stay together. “It is true…that there are cases when separations are inevitable. Sometimes they can even become morally necessary,” the pontiff said during his weekly audience in Saint Peter’s Square. Francis said he was referring to cases of domestic violence and exploitation, […]
Continue reading 2 Men Remanded For Attempting To Hack Bank Server in Lagos
June 24, 2015 0 Comments
Justice Lateef Lawal-Akapo of an Ikeja High Court on Tuesday remanded two men Ola Lawal and Abass Ajibade at Kirikiri Prisons in Lagos for attempting to hack into the server of Enterprise Bank. The accused are to remain behind bars till Oct. 15, according to Lawal-Akapo. According to Mr Seidu Atteh, counsel to the Economic […]
Continue reading Buhari secures U.S., others’ support to recover billions stolen from Nigeria
June 24, 2015 0 Comments
President Muhammadu Buhari said Tuesday in Abuja that his administration has received firm assurances of cooperation from the United States and other countries on the recovery and repatriation of funds stolen from Nigeria. Speaking at an audience with members of the Northern Traditional Rulers Council led by the Sultan of Sokoto, Muhammadu Abubakar, President Buhari […]
Continue reading Buhari vows to recover billions of dollars stolen by past officials
June 23, 2015 0 Comments
President Muhammadu Buhari Tuesday in Abuja assured state governors that the days of impunity, lack of accountability, and fiscal recklessness in the management of national resources are over in Nigeria. Speaking at a meeting with the governors in the Presidential Villa, Mr. Buhari also vowed that funds stolen by government officials who abused their offices […]
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