Lawmaker confirms impeachment move against Buhari

May 10, 2021 Lateef Ibrahim 0

A member of the National Assembly representing Gwer East federal constituency at the House of Representatives, Mark Gbillah, Monday confirmed that impeachment move was eventually moved against President Muhammadu Buhari because of the administration’s failure to respond to issues of national security.  Gbillah who is the Deputy Chairman House Committee on Petroleum Resources (Upstream), spoke on a private radio station, Read More

MTN takes advantage of low yields, issues N100bn fixed rate bond

May 6, 2021 Blessing Anaro 0

MTN Nigeria has issued a N100 billion ($263 million) fixed rate bond in the first quarter of 2021, due in seven years, under a N200 billion bond programme to refinance existing debt and support network expansion. Yields in Nigeria are at historic lows after the central bank cut rates twice last year to lower borrowing costs for the government, creating Read More

APC chieftain, Jaji reveals how to end kidnapping, banditry in 3 months

April 28, 2021 Bode Olagoke 0

A chieftain of the ruling All Progressives Congress (APC) and immediate past chairman, House committee on internal security, Hon. Aminu Sani Jaji, has called on National Assembly to budget a special fund for the security agencies to acquire sophisticated weapons. Jaji said if the executive and the legislature could agree on such special fund for the security agencies to acquire Read More

Addax: Senator Magnus Abe Affronted Buhari, Goofed, By Yamai John

April 28, 2021 Yamai John 0

By curiously questioning the wisdom of President Muhammadu Buhari, who is also the substantive Minister of Petroleum Resources, in canceling the revocation by the Department of Petroleum Resources (DPR) of four oil mining leases belonging to Addax Petroleum Exploration Nigeria Ltd., Senator Magnus Abe goofed and exceeded his brief. Here is why. In a position which can only be interpreted Read More

Bauchi govt grants N1bn loan to fertilizer company

April 27, 2021 Najib Sani 0

Governor Bala Mohammed of Bauchi state has granted a loan of One billion to the state fertilizer company to boost its production. The governor announced the grant Tuesday when he paid a visit to the company in continuation of his projects inspection tour across the state.  According to him, the government has also settled the backlog of debts amounting to Read More

Secession agitators can’t intimidate, bully Buhari, Presidency declares

April 20, 2021 Bode Olagoke 0

The Presidency has asked Nigerians to ignore those calling for secession, saying President Muhammadu Buhari cannot be intimidated and bullied for their selfish interests. The seat of power also ruled out the calls for another National Conference to discuss the much talked about unity of Nigeria. Speaking Tuesday at the national secretariat of APC during a media interface organised by Read More

Rector seeks more funding for tertiary institutions

April 16, 2021 Oyibo Salihu 0

Rector of the Federal Polytechnic Idah (FPI), Dr Danjuma David Baba, has called on the federal government to intensify effort in the funding of tertiary institutions to bail the system from imminent collapse.Dr Baba, who made the call at the premises of the institution in Idah, Kogi state, while interacting with journalists, said adequate funding of tertiary institutions would not Read More

New multi-billion naira ITF building to be completed in June – Official

April 14, 2021 Adeola Tukuru 0

The Minister of Industry, Trade and Investment, Otunba Richard Adeniyi Adebayo has said the multi-billion naira building of the Industrial Training Fund (ITF) would becompleted and occupied in June. The ultra-modern twelve storey building, strategically located in Maitama, surrounded by the Nigeria Export Promotion Council, NEPC House, Nigeria Incentive-Based Risk Sharing system for Agricultural Lending, (NIRSAL), Corporate Affairs Commission and Read More

Invest $1.2bn on water, sanitation, WaterAid tasks FG

April 8, 2021 John Oba 0

As G20 finance ministers meet in Rome this week to discuss how they will build back from the pandemic, WaterAid has called on the federal government to spend at least $1.2 billion now on water and sanitation which will pay for itself in near future. WaterAid in a statement Wednesday urged global leaders at large to commit to new funding Read More

Insecurity: NSCDC to commission Special Women Squad against bandits, kidnappers

April 4, 2021 Bode Olagoke 0

The new Commandant General of the Nigeria Security and Civil Defense Corps (NSCDC), Dr. Ahmed Abubakar Audi, has said his leadership will soon commission a special Women Squad to fight the challenges of banditry and kidnapping in the country. Dr. Audi also revealed that the Corps has commissioned a team of researchers and intellectuals who are currently conducting what “vulnerability Read More

Missing $9.5m: Again, Senate summons CBN gov

March 29, 2021 Taiye Odewale 0

  The Senate through its Committee on Public Account, has again summoned  the Governor of Central Bank of Nigeria (CBN), Godwin Emefiele, to appear before it over alleged disappearance of $9.5m interest accrued from Petroleum Profit Tax (PPT) investment. The committee had about two  weeks ago , summoned the CBN Boss on the alleged missing $9.5million.On account of failure of Read More