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The U.S. Trade and Development Agency has signed a Memorandum of Understanding with Nigeria InfraCredit, a ‘AAA’-rated specialised infrastructure credit guarantee institution, backed by the Nigerian Sovereign Investment Authority (“NSIA”), Private Infrastructure Development Group companies GuarantCo and InfraCo Africa, KfW Development Bank, Africa Finance Corporation, and African Development Bank, to bring high-quality U.S. infrastructure  solutions […]

An Ikeja Special Offences Court on Thursday granted bail in the sum of two million naira and two sureties to Nollywood actor, Omiyinka Olanrewaju, who is also known as Baba Ijesha.   Justice Toyin Taiwo granted him bail after taking submissions from the prosecution and defence in the matter, and ordered that one of the […]

Prof Charles Soludo, a former Governor of the Central Bank of Nigeria, has emerged governorship candidate of the All Progressives Grand Alliance (APGA) in Anambra State.   Soludo 740 votes to defeat his closest rival, Hon Okwudili Ezenwankwo, a member of the House of Representatives, representing Orumba North and South Federal constituency, who scored only […]

The Presidency has washed its hands off the current efforts at the National Assembly to amend the laws establishing the Nigerian Press Council, the National Broadcasting Commission.   These are the agencies of government that regulate the print media and broadcast media, respectively in the country.   The planned amendments to these laws has drawn […]

The crisis rocking the All Progressives Grand Alliance in Anambra State took a new twist on Wednesday, with one faction of the party suspending a former Governor of the Central Bank and governorship candidate, Prof. Chukwuma Soludo, from the Party for anti-party activities.   Soludo’s suspension was announced by the National Working Committee of the […]

After over eight years of legal histrionics and technical subterfuges, Justice Angela Otaluka of the Federal High Court, Apo District, Abuja, on Tuesday sentenced former House Rep, Farouk Lawan, to seven years imprisonment for demanding a $3 million bribe from oil magnate, Chief Femi Otedola so as to exonerate his firm, Zenon Petroleum and Gas […]

Nigeria banned Twitter from operating in the country in response to the organisation’s promotion of instability and acts of terrorism in the country, the Minister of Information, Alhaji Lai Mohammed told the House of Representatives on Tuesday.   Mohammed spoke at a public hearing on the Twitter ban organised by a joint committee of the […]

A High Court of the Federal Capital Territory (FCT) in Apo, Abuja on Tuesday sentenced a former member and chairman of House of Representatives ad-hoc committee on Petroleum Subsidy, Farouk Lawan to seven years in prison for receiving a $500,000 bribe from a businessman, Femi Otedola.   Justice Angela Otaluka convicted Lawan on the three-count […]

President Muhammadu Buhari on Monday restated his determination to bring to book the persons who have taken up arms against the country and have therefore contributed to the current level of instability across the nation.   The president said his administration would do everything possible to tackle the current security challenges in the country.   […]