THE national chairman-elect of the Peoples Democratic Party (PDP), Prof Iyorchia Ayu, on Monday, observed that the President Muhammadu Buhari-led All Progressive Congress (APC) government is the biggest cancer afflicting the country. Speaking while receiving in a courtesy call, a…
THE Catholic Bishop of Sokoto Diocese, Dr. Matthew Kukah, has described as scam the Federal Government proposed payment of N5,000 transportation allowance as a remedial for the removal of fuel subsidy billed to take effect early next year. The Bishop…
THE Nigerian National Petroleum Company Ltd has contracted Innoson Vehicle Motors (IVM) to produce Condensed Natural Gas cars, the indigenous car manufacturer has said. Chairman of Innoson Group, Innocent Chukwuma, also said that the company was ready to manufacture electric…
The latest cooperation between Ecobank Group and the European Investment Bank to support private sector investment across Africa was formally agreed at the EU Delegation to Togo in Lomé ECOBANK, the leading pan-African banking group, has signed an agreement for…
THE Central Bank of Nigeria (CBN) has said that it would be guided by the decision of the Securities and Exchange Commission (SEC) on the ownership structure of FBN Holdings Plc, the parent company of First Bank Plc. The company’s…
THE Minister of State for Budget and National Planning, Mr. Clem Agba, has said the Federal Government had spent N2.3 trillion as stimulus package to cushion the effect of COVID-19 pandemic in the country. Agba spoke yesterday at a three-day…
MALAM Mele Kyari, Group Managing Director and Chief Executive Officer of Nigerian National Petroleum Company Limited, has said that subsidy would have been eliminated in 2020 but certain factors prevented it. He, however, said that the law provides that by…
IN its last reports, Nigeria’s Debt Management Office (DMO) released debt profiles of all the 36 states and the federal capital territory (Abuja), with Borno emerging the state with lowest amount of debt nationwide. According to the DMO report released…
THE Kano State Fire Service said fire had destroyed 41 temporary shops at Kasuwar Kurmi (Yan’ littafai) Market in Kano. This is contained in a statement by the Public Relations Officer of the State Fire Service, Alhaji Saminu Abdullahi, on…
THE Asset Management Corporation of Nigeria (AMCON) has submitted a list of its top 1,000 obligors to the National Assembly, in the latest effort by the organiSation to recover debts owed it. The names were submitted to the House of Representatives…
