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In a recession year, Zenith International Bank Plc has managed to stay afloat, declared a profit after tax of N129.65 billion and a final dividend of N1.77 per share for 2016. The company’s audited account released by the Nigerian Stock Exchange (NSE) on Monday in Lagos showed the bank grew its profit by 22.7 per […]

 A Federal High Court sitting in Uyo, Akwa Ibom State on Monday sacked the Senator representing Akwa-Ibom North East district, Albert Bassey Akpan and asked the Independent National Electoral Commission (INEC), to immediately withdraw his Certificate of Return. In a judgment delivered on Monday, the court asked INEC to issue a fresh Certificate of Return […]

The Independent National Electoral Commission (INEC) on Monday said more than 25 of its staff members were receiving medical attention as a result of attacks suffered during Saturday’s supplementary election in Etche local government area of Rivers state. In an interview in Port Harcourt, the state capital, Aniedi Ikoiwak, resident electoral commissioner (REC) blamed the […]

The Federal Government on Monday appointed  five new Directors and one General Manager for the Nigerian Civil Aviation Authority (NCAA). NCAA made the announcement in a statement by its General Manager, Public Affairs, Mr Sam Adurogboye, in Lagos. Adurogboye explained that the appointment was with immediate effect. He said that those appointed were Capt. Edem Oyo-Ita as Director […]Read More

The Asset Management Corporation of Nigeria (AMCON) on Monday said Arik Air, under its previous management,  owed the International Air Transport Association (IATA) $78 million. Mr Simon Tumba, Media Consultant to Arik Air, gave the figure while speaking with newsmen in Lagos. The airline was on Feb. 9 taken over by the Federal Government under […]

With the Presidency failing to give Nigerians a clear statement on when President Buhari would return to the country, from his now indefinite vacation, the issue has become the source of much controversy and anger, with many Nigerians urging the Senate to begin the process of invoking Section 144 of the constitution to declare his […]

The Department of State Services (DSS) said it has found weapons and other incriminating items at the property of Dunes Investment and Global Properties Ltd, located at No 44 Aguiyi Ironsi Way, Maitama-Abuja.  Spokesman of the service, Tony Opuiyo said the weapons were found after a search was conducted on the property on 24th February […]

Kola Aluko, a Nigerian oil mogul, wanted by the Economic and Financial Crimes Commission (EFCC) is owing the City of New York some overdue property tax. The New York Post said the $25,000 tax is over Aluko’s 79th floor penthouse at One57 in Manhattan which he bought for $51 million in 2014. The penthouse has four […]

In September 2008, about 9 years ago, this writer published an article title “If Yar’Adua Doesn’t Die!” (http://yashuaib.com/politics/if-president-yaradua-doesnt-die/) It was a response to strong insinuations in the media on the plight of President Umaru Musa Yar’Adua who was alive then but some commentators were already expressing views on expectations after his likely demise. We are […]Read More

The Nigerian Air Force (NAF) fighter jets on Friday successfully intercepted a group of Boko Haram Terrorists (BHT) moving in an Hilux vehicle mounted with anti-aircraft gun, the NAF authorities have announced.  The armed vehicle was sighted at Talala in Northern Borno by an Intelligence, Surveillance and Reconnaissance (ISR) aircraft on patrol, which then called […]

Troops of Nigerian Naval Ship (NNS) Delta under the Operation Delta Safe programme have successfully carried out a raid on two illegal refineries along Lapase Creek in Warri South of Delta State.  During the raid, 11 metal tanks, 5 dug pits with about 1750 Tons of suspected stolen crude oil and 170 tons of illegally […]

Vacationing President of Nigeria, Muhammadu Buhari placed a surprise call to one of his media aide, Femi Adesina on Saturday. Buhari called Adesina on phone to further reduce anxieties about him. Adesina in turn took to both Facebook and Twitter to announce the call to Nigerians. He said: “At exactly 2.43 p.m today, Saturday, February […]