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The lamentation by the General Overseer of Jubilee Christian Church International, Rev. Kunle Adesina, that some clerics no longer strive for God’s anointing, but give priority to primitive accumulation and material aggrandizement, is understandable given the unbecoming behavior of preachers who flaunt stupendous wealth and live flamboyant and ostentatious lifestyles that do their sacred calling […]

The Nigerian National Petroleum Corporation wishes to enjoin motorists in Abuja and its environs, and indeed the federation, not to engage in any panic buying of petroleum products. NNPC assures motorists that the Corporation has 1.3billion litres stock of PMS, otherwise called petrol, which is sufficient to serve the nation for more than 38 days. […]

The Senate has approved the Medium Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP) and set oil benchmark for 2017 budget at 44.5 dollars per barrel. The Senate also approved the exchange rate of N305 to a dollar as proposed by the executive for the 2017 fiscal year. The approval which came on Wednesday, […]

Ekiti  State Governor, Mr Ayodele Fayose, has said Nigerians don’t need counselling to reject the ruling All Progressives Congress (APC) during the 2019 general elections in the country, saying the abysmal performance of the party has already made the people grow weary of it. This is just as the governor noted that there is a […]

The Central Bank of Nigeria (CBN) has started the process of auctioning $250 million to 3,147 registered Bureau De Change (BDCs) nationwide. Alhaji Aminu Gwadabe, the President, Association of Bureau De Change Operators of Nigeria (ABCON), disclosed this to newsmen on Wednesday in Lagos.  Gwadabe said the sale of the foreign currency to BDCs would […]

Philanthropist and serial entrepreneur Tony O. Elumelu, CON leads a delegation of senior executives from his proprietary investment firm, Heirs Holdings, to the World Economic Forum (WEF), which begins in Davos, Switzerland today. Elumelu will join global business and political leaders during the event, bringing a message of Africa’s continued economic renaissance and of the […]

The Senate has warned the military to apply extra caution in the way it goes about its business in order to prevent fatal errors from occurring again.  The advice came on Wednesday following a point of order, raised by the Senate Leader, Ahmed Lawan at plenary. Lawan noted that dozens of people were killed on […]

Foremost industrialist and President of Dangote Group, Aliko Dangote yesterday told the audience at the World Economic Forum (WEF) holding in Davos Switzerland that a joint effort between government and private sector to tackle the power deficit remained a key element in boosting the economy of Africa. Dangote, who also spoke about his efforts at […]

United Capital Plc, a leading African investment banking group, has partnered with global financial and corporate institutions to set up a Franco-African Investment Fund (FFA), with investible funds of 77 million euro. The aim of the fund is to accelerate the growth of innovative and entrepreneurial African and French small and medium scale enterprises (SMEs) with development projects on both […]Read More

The Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA) Dr Dakuku Peterside has said the Agency will revisit the procedure of wreck removal from Nigerian waterways. The DG who made this declaration while speaking at a forum of the News Agency of Nigeria (NAN) in Abuja, said the review of the wreck removal […]

Fifty-two civilians were  feared killed during an airstrike by military troops on targeted Boko Haram location in the eastern part of the state. Theatre Commander, Operation Lafiya Dole, Maj. Gen Lucky Irabor while confirming the incident told newsmen in Maiduguri that the military conducted airstrike on a location where Boko Haram were reported to have […]

Ebun-Olu Adegboruwa, a Lagos-based lawyer and activist on Tuesday filed a suit at the Federal High Court in Lagos seeking to stop Ibrahim Magu from presenting himself as the acting chairman of the Economic and Financial Crimes Commission (EFCC). The suit also asks the Senate not to entertain any further request for the confirmation of […]