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The Bureau of Public Enterprises (BPE) at the weekend said the $3.2 billion Aluminium Smelting Company of Nigeria (ALSCON), located at Ikot Ibasi, Akwa Ibom State, was set to recommence operations as the hitherto existing gas supply challenge that rocked the establishment had been largely resolved by the bureau and other relevant stakeholders.
The US Treasury hit 15 members of Russia’s GRU military intelligence agency with sanctions Wednesday over their alleged roles in interference in the 2016 presidential election and hacking the World Anti-Doping Agency.
Russian billionaire Oleg Deripaska is loosening control of two of his companies that have been hit by US sanctions against Russia.
The dollar extended gains against its main peers and most other currencies Tuesday as rising US bond yields fan speculation of a sharp rise in interest rates, while most of Asia's major markets edged up after recent losses.
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.
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.
The National Council on Privatisation, which is chaired by Vice President Yemi Osinbajo, has approved the immediate revocation of the concession of the Lagos International Trade Fair Complex.
The race to become the next Conservative Party leader has begun, following Theresa May’s announcement that she will step down next month.
French police were hunting a suspected suitcase bomber on Friday after an explosion in the central city of Lyon that injured 13 people, officials said.
The President General of Ohuhu Youth Council and former deputy chairman of Umuahia North council area of Abia state, Hon Chinedu Obilor, has called on security agencies to prosecute without delay Hon Kelechi Onuzurike, member representing Umuahia North state constituency.
The proxy war going on between an influential leader of the ruling All Progressives Congress, APC, Asiwaju Bola Ahmed Tinubu, and Kaduna State governor, Mallam Nasir el-Rufai, has taken a new twist with the declaration by the founding national chairman of the party, Chief Bisi Akande, that godfatherism is essential for the growth of democracy in Nigeria.
Villas-Boas arrived in England with Chelsea in 2011, having built a reputation as a promising coach with Academica and Porto, and went on to manage Tottenham after failing to impress at Stamford Bridge.
Toni Kroos has committed his future to Real Madrid by agreeing a contract extension through to 2023.
Ghana striker, Asamoah Gyan, has bowed to a presidential request to make himself available for next month’s Africa Cup of Nations, just 48 hours after announcing his international retirement.
The National Working Committee (NWC) of the All Progressives Congress (APC) has congratulated the Governor of Kebbi State, Abubakar Atiku Bagudu, on his election as the new chairman, Progressives Governors’ Forum (PGF).
Worried by the security situations in the state and nation at large, a foremost traditional ruler, the Alaafin of Oyo, Oba Lamidi Adeyemi has assured the people of the state that the security situation, particularly the spate of kidnappings will soon be nip in the bud in the next few weeks.
Prof. Bolaji Owasanoye, Chairman, Independent Corrupt Practices and Other Related Offences Commission (ICPC) says President Muhammadu Buhari’s fight against corruption is driven by political will.