Category: News
ExxonMobil unveils $10 billion investment plan in Nigeria
The Federal government on Thursday said ExxonMobil has proposed a $10 billion investment in Nigeria’s deep-water oil operation.
The investment was [...]
Goodluck Jonathan disputes claims made by Sanusi that $49.8bn went missing during his administration
Former President Goodluck Jonathan has disputed claims made by Emir Muhammadu Sanusi that $49.8 billion went missing during his administration.
Jon [...]
Otedola increases stake in FBN Holdings with acquisition of more shares at N16bn
Billionaire businessman and investor, Femi Otedola has further increased his stake in FBN Holdings to 13.15 percent with the acquisition of additional [...]
Tunji-Ojo orders comprehensive investigation into allegations of corruption, bribery within Nigerian Correctional Service
The Minister of Interior, Olubunmi Tunji-Ojo, has directed an unconditional and comprehensive investigation into the allegations of bribery and corrup [...]
Bernard Nzenwa sentenced to almost 5 years imprisonment for issuing false documents
The Special Offences Court sitting in Ikeja, Lagos has convicted and sentenced a businessman, Bernard Nzenwa, to four years and 11 months imprisonment [...]
Nigerian Army dismisses female soldier who accused her superior of sexual harassment
Ruth Ogunleye, an ex-soldier, has asked the Nigerian Army to publish the outcome of the investigation that led to her discharge.
In January, Og [...]
FG tightens economic hardship on citizens as CBN increases interest rate to 27.25%
The monetary policy committee (MPC) of the Central Bank of Nigeria (CBN) has raised the monetary policy rate (MPR), which benchmarks interest rates, f [...]
$6bn Mambilla power project fraud: N5.2bn was wired to Olu Agunloye by employee of Sunrise Power Ltd EFCC tells court
The Economic and Financial Crimes Commission (EFCC) has revealed that N5.2 billion was wired to former Minister of Power and Steel, Olu Agunloye, from [...]
‘Act swiftly to address economic hardship, people are suffering, Orji Uzor Kalu urges Tinubu
Former Abia State Governor and Senator representing Abia North, Orji Kalu, has urged President Bola Tinubu to swiftly address the economic hardship af [...]
APC brazenly stole my mandate – Ighodalo alleges
The candidate of the Peoples Democratic Party, PDP in the September 21 governorship election in Edo State, Asue Ighodalo, has claimed that his mandate [...]