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Senator Adamu: Why I attacked ex-President Obasanjo over statement on President Buhari

Former governor of Nasarawa State and Senator representing Nasarawa West District in the National Assembly, Abdullahi Adamu, has revealed the reason he attacked erstwhile

BPE privatises 142 enterprises

Director-General, Bureau of Public Enterprises (BPE), Mr Alex Okoh, said the bureau privatised 142 enterprises from inception in 1993 to date.

BPE: 37 per cent of privatised Nigerian firms are failing

About two in five companies privatised by the Bureau for Public Enterprises since inception are not performing, the agency has stated.

AMCON takes over Daily Times

The Asset Management Corporation of Nigeria (AMCON) on Tuesday took over the assets of Daily Times Nigeria Plc, a foremost media establishment in Nigeria, over huge outstanding loan.

NIPOST to operate electronic money order in February

The Nigerian Postal Service, NIPOST, has declared that Electronic Money Order will debut in Nigeria in February, just as Postmaster General of the Nigerian Postal Service (NPS), Mr. Bisi Adegbuyi, said the planned restructuring and modernisation of the Service will not lead to job loss.

ALSCON: Federal govt signs renewed share purchase agreement with UC Rusal

The Federal Government has given official recognition to Messrs UC Rusal, a Russian Company, as the core investor of the Aluminium Smelter Company of Nigeria (ALSCON), Ikot Abasi, Akwa Ibom State, following the signing of the Renewed Share Purchase Agreement between Government and the Russian company in Abuja, on Friday.

How President Jonathan’s officials, cousin shared N27bn proceeds of PHCN sale – EFCC

The Economic and Financial Crimes Commission, EFCC, has said that the sum of N27bn, which formed part of the proceeds of the sale of Power Holding Company of Nigeria, PHCN, was shared among top government functionaries in 2014.

Federal govt approves privatisation of five mining subsidiaries

The National Council on Privatisation, NCP, on Thursday approved the privatisation of five subsidiaries of the Nigerian Mining Corporation, NMC.

I didn’t enrich myself in govt – Ex-VP Atiku Abubakar

Former Vice-President Atiku Abubakar on Friday said he did not become rich while he was in the government between 1999 and 2007.

Federal govt approves partial sale of NIPOST

Adebayo Shittu, minister of communications, says the federal government has approved a partial sale of the Nigerian Postal Service (NIPOST).

SERAP wants investigation of privatised enterprises

The organisation urged Mr. Buhari to “reform the Bureau of Public Enterprise (BPE) to remove opportunities for corruption in privatisation process, and to instruct the EFCC and ICPC to ensure the recovery of proceeds of corruption.

FCT court insists on Supreme Court ruling on ALSCON

The High Court of the Federal Capital Territory, Maitama says enforcing the Supreme Court order of July 6, 2012 remains the most viable option to resolve the lingering crisis over the sale of the Aluminium Smelter Company of Nigeria, ALSCON, Ikot Abasi.

PTAD sets date to begin verification of NITEL, MTEL

The Pension Transitional Arrangement Directorate has announced dates for the verification of pensioners of Nigerian Telecommunications Limited and its mobile subsidiary, MTEL under the Defined Benefit Scheme.

New regulation threatens N466 billion power sector loans

The nation’s banks could lose over N466 billion exposures to the power sector due to new policy by the Nigerian Electricity Regulatory Commission (NERC).


Recent Posts

Governor Wike: I’ll sign convicted kidnappers’ death warrant

The Rivers State Governor, Chief Nyesom Wike, has declared that he will sign the death warrant of any person found guilty of kidnapping by the court.

PDP, APC bicker over anti-open grazing bill

The anti-open grazing bill sent to the Edo State House of Assembly by the Peoples Democratic Party has sparked a fresh row between the party and the ruling All Progressive Congress.

Hadiza Usman: Government can’t employ everyone

The managing director of the Nigerian Ports Authority (NPA), Hadiza Bala Usman, says it is impossible for the government to employ everyone.

Mohamed Salah: Premier League is perfect for me

Mohamed Salah stayed humble after scoring four goals and adding an assist in Liverpool's 5-0 rout over Watford on Tuesday, crediting his teammates for giving him opportunities to score.

Musa Bility to step down as Liberia FA president

Musa Bility is to step down as Liberia FA (LFA) president after choosing not to run for a third term.

Most Popular

Court remands hairstylist in Kirikiri prison for allegedly assaulting policeman

An Ikeja Chief Magistrates’ Court on Thursday remanded a 23-year-old hair stylist, Comfort Ishukwu, who allegedly assaulted a policeman, in Kirikiri Prisons, pending when her bail conditions would be met.

Speaker Dogara mourns Senator Wakili, says I lost a brother, confidant

The Speaker of the House of Representatives, Hon. Yakubu Dogara has described as devastating and heartbreaking, the news of the death of Senator Ali Wakili.

Pep Guardiola plays down hopes of clinching title in derby

Pep Guardiola tried to play down growing excitement among Manchester City supporters over the possibility of winning the Premier League title when they face bitter rivals United in the derby early next month.

Police arrest bride on wedding day for drink-driving

A bride-to-be in Arizona has so much to worry about after her wedding day turned out to be a sad day following her arrest en-route to the solemnization venue, for allegedly Driving Under the Influence (DUI).

Suspected robbers snatch N16m from NNPC filling station staff

Some suspected armed robbers on Monday in Kano attacked staff of NNPC Mega filling station in Hotoro area and made away with N16 million.