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The National Publicity Secretary, Kola Ologbondiyan, “He is fully aware of the constitutional implication of his decision to defect to another party; which is that he cannot continue to occupy the seat of the PDP in the Senate.

PDP: Presidency’s attack on us a kick of weak horse

The Peoples Democratic Party, (PDP), described the attack by the Presidency against the party as a feeble kick of a weak horse and a failed attempt to beguile Nigerians.
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Nigerian president urged to probe ‘missing’ N3.8 billion in health ministry, NAFDAC, others

Socio-Economic Rights and Accountability Project (SERAP) has urged President Muhammadu Buhari “to direct the Attorney General of the Federation and Minister of Justice Mr Abubakar Malami, SAN, and appropriate anti-corruption agencies to probe allegations that N3,836,685,213.13 of public funds meant for the Federal Ministry of Health, teaching hospitals, medical centres, and National Food Drug Administration and Control (NAFDAC) are missing, mismanaged, diverted or stolen.”

Bishop Kukah: General Gowon deserves an apology from British MP

Matthew Kukah, bishop of the Catholic Diocese of Sokoto, says Yakubu Gowon, former head of state in Nigeria, and his family deserves an apology over claims that he looted the public treasury.
President Donald Trump stands on the balcony outside of the Blue Room as returns to the White House Monday, Oct. 5, 2020, in Washington, after leaving Walter Reed National Military Medical Center, in Bethesda, Md. Trump announced he tested positive for COVID-19 on Oct. 2. (AP Photo/Alex Brandon)

US closes key money-laundering, tax evasion channel

A major avenue for global money laundering and tax evasion has been closed off by a new law requiring disclosure of owners of US shell companies used to hide billions of dollars.
Treasury chief Rishi Sunak had committed to ending the widely unpopular tax on tampons and sanitary pads in his budget in March but the change could only take effect Friday after Britain had finally left the economic orbit of the European Union.

UK abolishes ‘sexist’ tax on women’s sanitary products

Treasury chief Rishi Sunak had committed to ending the widely unpopular tax on tampons and sanitary pads in his budget in March but the change could only take effect Friday after Britain had finally left the economic orbit of the European Union.
NIMASA

Senate: NIMASA paid N8.6 million for unexecuted contract

The Senate Public Accounts Committee has upheld a 2015 query raised against the Nigerian Maritime Administration and Safety Agency (NIMASA) overpayment of N8.6 million for un-executed contract.
Kola Ologbondiyan

PDP: APC envious of our governors

The Peoples Democratic Party, PDP, has said the All Progressives Congress, APC, and its leaders are bitter over the sterling performance of governors elected on its platform.
Zainab Ahmed, the minister of finance, budget and national planning, says state and local governments share some of the responsibility to fix roads in Nigeria.

Minister: Treasury safety key for economic sustainability

Ahmed who inaugurated the fire sub station located at the Office of the Accountant General of the Federation (OAGF) – which is to be manned by the Federal Fire Service (FFS) – stated that the treasury was crucial to ongoing public financial management reforms in line with the desire of the federal government to bring the country up to speed with other leading world economies.
The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed on Saturday met with the leadership of the National Assembly to intimate it with an Executive proposal to establish a N500 billion COVID-19 Crisis Intervention Fund.

Nigerian government posts 35 firefighters to man new Treasury House substation

“We all know the fire was gallantly fought and quenched under the anchorship of the men from the Federal Fire Service. Since then, our two organisations have made efforts towards actualizing our dream of having a standard fire substation at the Treasury House. ”

PenCom begins automated verification first quarter 2021

The National Pension Commission (PenCom) on Wednesday said it was putting in place an automated process to ensure seamless conduct of the annual verification/enrolment within the first quarter of 2021 .
The Board of Union Bank Nigeria Plc Minday announced that its Chief Executive Officer, Mr. Emeka Emuwa, will retire on March 31, 2021, after leading the financial institution for eight years.

Union Bank chief Emeka Emuwa retires

The Board of Union Bank Nigeria Plc Minday announced that its Chief Executive Officer, Mr. Emeka Emuwa, will retire on March 31, 2021, after leading the financial institution for eight years.
The requests contained in three separate letters read at the beginning of plenary on Tuesday by the Senate President, Ahmad Lawan. 3

Senate: How petroleum ministry paid N718 million to contractors without documents

The Senate has exposed how the Ministerial Tenders Board of the Ministry of Petroleum Resources paid N718 million to 11 corporate bodies for different services rendered without documents.
Microsoft is offering hackers up to $100,000 if they can break the security of the company’s custom Linux OS. The software giant built a compact and custom version of Linux last year for its Azure Sphere OS.

Microsoft found malicious SolarWinds software in its systems

Microsoft said on Thursday it found malicious software in its systems related to a massive hacking campaign disclosed by U.S. officials this week, adding a top technology target to a growing list of attacked government agencies.
Minister of Finance, Zainab Ahmed

Nigerian government seeks fresh review of 2020 budget

Alhassan Ado-Doguwa, majority leader of the house of representatives, said if the date was not extended, the federal government would have to mop up all the funds meant for capital projects in 2020 budget and return same to government’s treasury.
The U.S. Treasury and Commerce departments, alongside other government agencies have been targeted by hackers, several media reports indicated on Sunday.

U.S. treasury, others under cyberattacks by hackers

The U.S. Treasury and Commerce departments, alongside other government agencies have been targeted by hackers, several media reports indicated on Sunday.
The Central Bank of Nigeria (CBN) as said that its staff in Jos Branch, on Tuesday averted what would have been another major fire disaster in the country.

Central bank sells N4.1 trillion worth of special bills

Following last week’s introduction of 90-day special bills by the Central Bank of Nigeria (CBN), the apex bank yesterday sold N4.1 trillion worth of the instrument in the money market.
The United States on Wednesday slapped sanctions on Wan Kuok Koi, a leader of China’s 14K Triad organized crime group, and three entities “owned or controlled” by him, the U.S. Treasury said in a statement.

U.S. blacklists Chinese crime boss, others in anti-corruption sanctions

The United States on Wednesday slapped sanctions on Wan Kuok Koi, a leader of China’s 14K Triad organized crime group, and three entities “owned or controlled” by him, the U.S. Treasury said in a statement.
Tehran, Iran – Iran rejected claims that a top al-Qaeda figure was killed in Tehran in August by Israeli operatives, warning United States media of falling for “Hollywood-style scenario-making” by US and Israeli officials.

Iran’s ‘envoy’ to Yemen’s Houthi sanctioned by US

The administration of outgoing United States President Donald Trump on Tuesday kept up its maximum pressure campaign of sanctions designed to squeeze Iran by blacklisting an Iranian official as well as a major Iranian university and another individual.
Nigeria Export Processing Zones Authority (NEPZA)

NEPZA to commence new free zone registration system next month

The Nigeria Export Processing Zones Authority (NEPZA), the agency responsible for promoting and facilitating local and international investments into licensed free export processing zones (EPZ), says it will introduce a new system for free zone registration from January 1, 2021.
The House of Representatives on Tuesday reprimanded the Minister of Foreign Affairs, for the continuing maltreatment of Nigerians in the Diaspora.

House of Reps to invite three ministers over African trade agreement

The House of Representatives has resolved to invite the Ministers of Justice, Foreign Affairs as well as Trade and Investment to brief the House on the implications of the agreement establishing the African Continental Free Trade Area (AFCFTA).
The United States will block imports of cotton it says are harvested with “slave labor” in China’s Xinjiang region, authorities have announced.

US blocks imports of Xinjiang ‘slave labor’ cotton

The United States will block imports of cotton it says are harvested with “slave labor” in China’s Xinjiang region, authorities have announced.
Adewale Adeyemo is President-elect Joseph R. Biden Jr.’s nominee for deputy Treasury secretary. Kriston Jae Bethel for The New York Times

NiDCOM congratulates Adewale Adeyemo on his nomination as US Deputy Treasury Secretary

Nigerians in Diaspora Commission (NiDCOM) has congratulated Nigerian-born Adewale Adeyemo on his nomination as the US Deputy Treasury Secretary by President-elect Joe Biden.

Recent Stories

1. President Muhammadu Buhari is currently presiding over the 42nd virtual meeting of the Federal Executive Council (FEC) at the Council Chambers of the Presidential Villa, Abuja.

President Buhari presides over FEC meeting — in pictures

President Muhammadu Buhari is currently presiding over the 42nd virtual meeting of the Federal Executive Council (FEC) at the Council Chambers of the Presidential Villa, Abuja.
The police in Kaduna state, Wednesday confirmed the abduction of students of a private university, Greenfield University in Kaduna.

Police confirm kidnap of Kaduna private university students

The police in Kaduna state, Wednesday confirmed the abduction of students of a private university, Greenfield University in Kaduna.
The Minister of Industry, Trade and Investment, Otunba Richard Adeniyi Adebayo, has said the Federal Government will welcome long-term agribusiness activities coming from Russia to Nigeria.

Minister laments decline in Nigeria, South Korea’s trade

The Minister of Industry, Trade and Investment, Mr. Niyi Adebayo, yesterday expressed concern over the decrease in volume of trade between Nigeria and South Korea.
The Speaker of the House of Representatives, Rep. Femi Gbajabiamila (APC-Lagos), has announced the demise of a former member of the house, Rep. Tony Okey. 7

Lagos APC appoints Femi Gbajabiamila, Solomon Adeola, others into GAC

The Lagos State chapter of All Progressives Congress has appointed Speaker of the House of Representatives, Femi Gbajabiamila, and the three senators representing Lagos State, Oluremi Tinubu, Solomon Adeola and Tokunbo Abiru, Central, West and East Senatorial districts respectively, into membership list of the Governor’s Advisory Council, GAC of the party.

Kogi commissioner: Someone from ‘youth zone’ deserves to president in 2023

Kogi State Commissioner for Information and Communications, Mr Kingsley Fanwo, has stressed that Nigeria needs a young President who is blessed with positive energy and patriotism to take the nation to the next level in 2023.

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Presidency brushes off secessionists’ threats, says no need for confab

The Presidency yesterday shrugged off threats of Nigeria’s balkanisation by advocates of Biafra and Oduduwa Republics, saying that President Muhammadu Buhari cannot be bullied into giving in to their demands.
Commissioner for Education, Dr Badamasi Charanchi, told The Nation the decision was to complement efforts of security personnel attached to each boarding school.

Banditry: Katsina deploys dogs to secure boarding schools

Katsina has approved the deployment of dogs to complement security arrangements to secure boarding schools in the State.
FILE PHOTO- Matteo Salvini, Italy's Deputy Prime Minister and leader of the far-right League Party, speaks as he launches campaigning for the European elections, in Milan, Italy April 8, 2019. REUTERS-Alessandro Garofalo-File Photo

Italy’s ex-deputy premier sent to trial on migrant kidnapping charge

An Italian judge on Saturday ordered that Matteo Salvini, leader of the right-wing League party, must stand trial on charges of kidnapping over his decision to prevent more than 100 migrants from landing in the country in 2019.
Manchester United’s Norwegian manager Ole Gunnar Solskjaer smiles on the touchline during the English Premier League football match between Arsenal and Manchester United at the Emirates Stadium in London on January 30, 2021. (Andy Rain - POOL - AFP)

Manchester United boss: Europa trophy would be reward for tough season

Winning the Europa League would be fitting reward at the end of a tough season for Manchester United, their manager Ole Gunnar Solskjaer said on Thursday after his team completed a 4-0 aggregate win over Granada in the quarterfinals.
Chelsea are reportedly preparing to go head to head with Manchester United for the signature of Real Madrid centre-back Raphael Varane this summer.

Chelsea to rival Manchester United for Real Madrid star

Chelsea are reportedly preparing to go head to head with Manchester United for the signature of Real Madrid centre-back Raphael Varane this summer.