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The Federal Executive Council (FEC) meeting presided over by Vice President Yemi Osinbajo, has approved the sum of N30.77 billion for various projects which include power, aviation, transport, roads and electricity.
The Senate, Tuesday, considered a critical bill seeking to empower the Asset Management Corporation of Nigeria (AMCON) in the aspect of assets recovery, as well as strengthen it against economic sabotage by debtors with unpaid loans to the tune of about N16 trillion naira.
The Federal Airports Authority of Nigeria (FAAN) has called for the stoppage of its 25 per cent revenue contribution to the Federation Account to enable it address some infrastructure gaps.
The Nigerian Export Import Bank (NEXIM) says it has disbursed N68.01 billion to 68 Nigerian entrepreneurs in the the last three years under its Export Development Fund.
Residents and landlords of Victory Park Estate, Lekki, Lagos State, have accused the Asset Management Corporation of Nigeria AMCON, of harassment over their property despite pending court cases and orders.
Seplat Petroleum Development Company has asked the Legal Practitioners Privileges Committee (LPPC) and the Legal Practitioners Disciplinary Committee of the Nigerian Bar Association (NBA) to sanction a Senior Advocate of Nigeria, Mr. Kunle Ogunba, for alleged gross misconduct and unethical practices contrary to the Rules of Professional Conduct for Legal Practitioners 2007.
Ahmed Kuru, managing director/CEO of the Asset Management Corporation of Nigeria (AMCON) says AMCON may disengage asset management partners (AMPs) that cannot cope with the speed and enormous challenges of debt recovery expected by the corporation.
Sterling Bank Plc has said it will always adopt amicable resolution or when necessary, drastic legal actions to achieve debt recovery outcomes. Such strategies include restructuring for accelerated payoffs and possible foreclosure or disposal of pledged assets of defaulting debtors.
Mr Ahmed Kuru, the Managing Director, Asset Management Corporation of Nigeria (AMCON) on Friday said the corporation recovered N740 billion from debtors in 2017.
The Coordinator of the Legal Aid Council of Nigeria, Kano State Chapter, Alhaji Abubakar Umar, said on Tuesday in Kano that the council received 23 cases in the month of September, the highest in the year.
A stalwart and national delegate of the Peoples Democratic Party, PDP, High Chief Higgins Oko Peter, has said the senator representing the Cross River North in the 9th Assembly, Senator Dr Stephen Odey, will deliver effectively with his intellectual capacity and experience.
The 2022 World Cup qualifiers involving the Super Eagles and other African teams have now been postponed to September from June.
House of Representatives has given its approval for the establishment of a federal university of agriculture, Sabon Gida in Langtang Federal Constituency of Plateau State.
William Troost-Ekong says playing a key part in Watford’s promotion to the Premier League remains the major highlights of his career.
Delta State Government has stated that the increasing state of insecurity in the country is largely due to massive unemployment.
Arsenal manager, Mikel Arteta could be sacked 10 games into next season if a summer overhaul fails to deliver results, talkSPORT have been told.
Suspected Fulani herdsmen have attacked some communities in Gwer West Local Government Area of Benue State and killed no fewer than 19 people, among them were children.
The Imo state governor, Senator Hope Uzodinma, yesterday said that the process to unmask the sponsors of the series of attacks in Imo, have gotten to the advanced stage.
The new Nigeria Visa Policy 2020 (NVP 2020) is worthy of emulation in Africa.
Everton manager, Carlo Ancelotti, said Saturday’s 2-1 Premier League loss to Aston Villa had dented their chances of European football next season and hoped their poor home form would not prove too costly at the end of the season.