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Kwara State Governor Abdulraham Abdulrazaq

Panel tasks Kwara government to publish local councils expenditure, revenue

A panel of inquiry set up to probe the accounts of the 16 local government areas in Kwara State has recommended that the government should ensure monthly publication of wage bill, revenue, and expenditure at the state and local government levels.
On Monday, some newspapers reported the FCMB managing director, Adam Nuru, allegedly telling the panel that N573 million was lodged into the account of Godwin Omale, a pastor, in error.

FCMB: No money was deposited into account of pastor linked to suspended EFCC chief

The management of First City Monument Bank (FCMB) has refuted stories in the media of alleged deposit of N573 million into the account of an associate of the suspended chairman of the EFCC, Ibrahim Magu.
President Muhammadu Buhari is currently presiding over the Emergency National Executive Council, NEC, meeting of the All Progressives Congress, APC, at the Council Chamber, Presidential Villa, Abuja.

President Buhari approves judicial panel of enquiry over allegations against suspended EFCC chief

President Muhammadu Buhari has approved the establishment of a Judicial Commission of Enquiry to investigate the alleged financial impropriety and mismanagement of recovered assets levelled against the suspended Acting Chairman of the EFCC, Mr Ibrahim Magu.
Niger Delta Development Commission (NDDC)

UNDEDSS: NDDC forensic audit must not be tainted

The United Niger Delta Energy Development Security Strategy, UNDEDSS, has urged President Muhammadu Buhari to ensure that the forensic audit he ordered the Interim Management Committee, IMC, of the Niger Delta Development Commission, NDDC, to execute is speedily carried out without tainting the process, or further shortchanging the region.
Ibrahim Magu

Suspended EFCC chief Ibrahim Magu writes presidential panel, denies all allegations

Suspended acting National Chairman of EFCC, Ibrahim Magu, has denied flurry of allegations against him, especially as published in the media since he was arrested on 16 June and hauled before Justice Ayo Salami panel probing the activities of the anti-graft agency.

Ibrahim Magu failed to account for interest on N550 billion recovered loot – panel

A prior presidential panel, which investigated the suspended acting Chairman of the Economic and Financial Crimes Commission, Ibrahim Magu, indicted him, a report has alleged.

EFCC: More troubles for Ibrahim Magu as new facts on re-looting of recovered funds,...

The suspended acting Chairman of the Economic and Financial Crimes Commission (EFCC), Mr Ibrahim Magu, may be facing fresh cases of alleged re-looting of funds recovered by the commission as well as bribery.
Nigeria’s ruling party, the All Progressives Congress (APC), has asked the Economic and Financial Crimes Commission, EFCC, to investigate alleged links of leaders of main opposition Peoples Democratic Party and Dubai based fraudster, Ramon Olorunwa Abbas, popularly known as Hushpuppi.

APC asks EFCC, NFIU to investigate PDP leaders link with Hushpuppi

Nigeria’s ruling party, the All Progressives Congress (APC), has asked the Economic and Financial Crimes Commission, EFCC, to investigate alleged links of leaders of main opposition Peoples Democratic Party and Dubai based fraudster, Ramon Olorunwa Abbas, popularly known as Hushpuppi.g
Buhari Media Organisation (BMO)

BMO lauds President Buhari’s action on financial autonomy in states

The Buhari Media Organisation (BMO) has lauded the decision of President Muhammadu Buhari for ensuring autonomy of other arms of government at sub-national levels.

Cross River: Stakeholders bicker over N900 million deduction from councils

The decision of the Cross River State Government to deduct N50 million each from the 18 local councils totalling N900 million is raising dust in the state.
Gombe State Governor, Inuwa Yahaya, has said that he took advantage of his trip to Russia with President Muhammadu Buhari to woo investors and development partners for the state. 2

Gombe governor receives report on state tertiary institutions

Gombe State Governor, Muhammadu Inuwa Yahaya of Gombe state, has received the report of the Professor Buba Bajoga led committee on tertiary institutions saying that his administration will study the recommendations at the State Executive Council level with a view to taking decisions and coming up with implementation strategy that will be in the best interest of the people of the state.
Nigeria Naira

Naira bounces back after days of depreciation

The naira appreciated against the dollar on Friday after days of panic buying amid speculations that the Nigerian central bank may devalue the local currency.

CBN: Market unfavourable for Naira devaluation

The Central Bank of Nigeria (CBN) says market fundamentals do not support Naira devaluation this time around.

CBN: Nigeria won’t devalue Naira

Central Bank of Nigeria, CBN, Thursday night said it has enough foreign exchange reserves to maintain the current value of the naira and warned currency speculators to stop rumour mongering and causing panic in the market.
Barrister Gnene Joi Nunieh

NDDC explains why Joi Nunieh was axed as acting chief

The Niger Delta Development Commission, NDDC, Thursday released the statement below countering claims on why its former Acting Managing Director/CEO, Gbene Dr. Joi Nunieh was removed from the post barely 8 weeks after her appointment.
Mary Uduk - The Securities and Exchange Commission (SEC) has urged investors with multiple shareholding accounts to regularise such before December 31, 2019.

Official: SEC generates N194.48 million from penalties in 2019

The Securities and Exchange Commission (SEC) says it generated N194.48 million from penalties in 2019.

AGF writes Oyo attorney-general, demands disbandment of local council caretaker committees

Abubakar Malami, Attorney-General of the Federation and Minister of Justice, has called for immediate disbandment of caretaker committees and restoration of elected local government representatives in Oyo State.
Minister of Communications and Digital Economy, Dr. Isa Ali Pantami

Nigeria out with new five-year national broadband plan

The need to boost broadband penetration from its present coverage of 37.8 percent to over 70 percent in the next five years is the pedestal for the new National Broadband Plan (NBP):2020-2025, according to Minister of Communications and Digital Economy, Dr. Isa Ali Pantami.

Recent Stories

Osagie Emmanuel Ehanire (born 4 November 1946) is a Nigerian medical doctor and politician. He was appointed as the Minister of State for Health in the President Muhammadu Buhari administration in November 2015.

Nigerian government inaugurates infectious disease centre in Abuja

The Federal Government on Friday inaugurated the first Infectious Disease Centre (IDC), in the Federal Capital Territory, and handed it over to the University of Abuja Teaching Hospital (UATH).
Manchester United fans are planning a mass walkout in the next home game against Wolves on February 1st, as reported in The Mirror.

Ian Wright accuses Manchester United of ‘dithering’ over transfers

The 21-year-old impressed with his performances in the Champions League last season, most notably against Atletico Madrid.
Chelsea will have to wait until at least the summer to try and secure the signings of top attacking targets Jadon Sancho and Timo Werner.

Manchester United optimistic about signing Jadon Sancho

The Premier League side are yet to find an agreement with the German club for the England international but latest reports claim that the Red Devils believe a deal can be done before the transfer window closes next month.
Ese Brume

Diamond League: Ese Brume finishes second In Doha

The reigning African women Long Jump champion, Ese Brume, recorded an impressive outing at the Doha Diamond League on Friday.
Bayelsa State Deputy Governor, Senator Lawrence Ewhrudjakpo, has dismissed reports making the rounds that the immediate past administration spent about N100bn for the construction of the state Airport.

Appeal Court reserves judgment in Bayelsa deputy governor’s certificate forgery suit

The Court of Appeal on Friday reserved judgment in Bayelsa deputy governor’s alleged certificate forgery suit.