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Managing Directors

Governors, stakeholders honour Rotimi Amaechi for contributing to economy

The contributions of the former Minister of Transport, Mr Rotimi Chibuike Amaechi to the nation’s economy were relived in Lagos at the weekend, by some political elites and stakeholders in the maritime/transportation industry.
Nasir El-Rufai

Governor El-Rufai asks political appointees to resign by April 30

Nasir El-Rufai, governor of Kaduna State, has directed all political appointees in the state to submit their letters of resignation by April 30, 2019.
Waheed Olagunju

Money is not Nigeria’s problem – BOI chief

Waheed Olagunju, executive director, small and medium-scale enterprises of the Bank of Industry, says money for any potentially viable enterprise is not a problem in Nigeria.

Witness: How ex-Airforce chief siphoned N12 billion from NAF account

Mr. Tosin Owobo, an investigator with Economic and Financial Crimes Commission EFCC, yesterday, narrated before a Federal High Court sitting in Lagos how Air Marshal Jacob Adigun, a former Chief of Accounts with Nigerian Air Force, NAF, used his companies to siphon N12 billion from NAF intelligence account.

Ex-NAF chiefs’ alleged N21 billion fraud trial begins afresh

The trial of former Chief of Air Staff, Air Marshal Adesola Amosu, has begun afresh at the Federal High Court in Lagos.

Central bank lists measures for anti-money laundering, combating financing of terrorism

The Central Bank of Nigeria (CBN) has warned employees of financial institutions to avoid establishing relationships with individuals or entities who may pose undue reputational risks to their organisations.
Ibrahim Magu, acting chairman of the Economic and Financial Crimes Commission (EFCC), says the agency will monitor campaign funds donated to political parties for the 2019 elections as well as donors’ identities.

Ibrahim Magu decries illicit financial flows, vote buying during elections

The acting Chairman of the Economic and Financial Crimes Commission, EFCC, Ibrahim Magu, has condemned the increasing wave of illicit financial flows and vote buying during elections in the country.
Lagos Port

5,000 containers trapped at ports as Customs bans third-party clearance

The big stick wielded by the high command of the Nigeria Customs Service (NCS) over the unwholesome practice of ‘third-party’ clearance by freight forwarders has started to take its toll on clearance procedures as over 5,000 containers caught in the web of this practice are presently trapped at the ports.
Oil Spillage

Peter Idabor: Assent to NOSDRAs Amendment Bill will enable criminalisation of oil spill

Mr Peter Idabor, the Director General, National Oil Spills Detection and Response Agency (NOSDRA) on Tuesday called for assent to the agency’s amendment bill to ensure criminalisation of oil-spill in the country.
As Port Harcourt play host to 13 presidential aspirants and their supporters for primary election of the Peoples Democratic Party, Gov. Nyesom Wike has assured all delegates of a memorable stay.

Nyesom Wike rescinds sack of Rivers broadcast stations’ chiefs

Rivers State Governor Nyesom Wike has overturned the sack of the Managing Directors of Rivers State television and radio stations.

APC youths move to break barriers to youth leadership in Kaduna

The All Progressive Congress (APC) Youths in Kaduna State on Saturday held a gathering tagged, “Kaduna State APC Emerging Young Leaders Summit’’, to break the barriers to youth leadership in the state.
NAFDAC Director General Christianah Mojisola Adeyeye

Two companies sanctioned for marketing calcium sulphate without certificate

The National Agency for Food and Drug Administration and Control (NAFDAC) says it has sanctioned two chemical companies for marketing calcium sulphate without listing certificate in Abuja.

Official: Benin accident victims not JOHESU members

The Joint Health Sector Union (JOHESU) says none of its members was involved in an auto crash over the weekend in Benin City.

Senate threatens to pass 2018 budget without MDAs submissions

The Senate on Wednesday threatened to pass the 2018 budget without submissions from recalcitrant Ministries, Departments and Agencies (MDAs).

House of Reps deny arrest warrant against Glo chief Mike Adenuga

The House of Representatives has denied report on the alleged threat to arrest against Mike Adenuga, chairman of Globacom Limited by the Ad-hoc Committee investigating the unremitted revenues by some telecom companies.

Recent Stories

National Emergency Management Agency (NEMA), on Monday accused members of the Shiite group, Islamic Movement of Nigeria, of burning down two ambulances at the Agency’s Emergency Response and Ambulance Bays (ERABs) in Abuja.

NEMA: Shiites burnt down two quick response ambulances

National Emergency Management Agency (NEMA), on Monday accused members of the Shiite group, Islamic Movement of Nigeria, of burning down two ambulances at the Agency’s Emergency Response and Ambulance Bays (ERABs) in Abuja.
Nigerian Stock Exchange NSE

NSE indices resume with 40% loss amid profit taking

Activities on the nation’s bourse opened for the week on Monday on downward posture, with crucial market indices shedding 0.40 per cent.
Head of the Civil Service of the Federation, Mrs Winifred Oyo-Ita

Winifred Oyo-Ita: Unrealistic demands by labour unions hampering implementation of new minimum wage

The Federal Government has revealed that the new minimum wage of N30,000 is yet to be implemented in full across the board in the Federal Civil Service because of unrealistic demands of the labour unions.
Abba Kabir Yusuf

Tribunal: PDP tenders 241 exhibits against Governor Ganduje’s election

Abba Kabir-Yusuf, the Peoples Democratic Party (PDP) candidate in the March 23 Governorship election in Kano State, on Monday, tendered 241 exhibits before the state Governorship Election Petition Tribunal.
Dr Gloria Obioh, Head of Department of Environmental Biotechnology and Bio- conservation Department, National Biotechnology Development Agency (NABDA) stated this in an interview with newsmen.

Federal government set to deploy biogas for power generation

The Federal Government on Monday in Abuja affirmed its readiness to deploy biogas for electricity generation in the country.