The Economic and Financial Crimes Commission (EFCC) has arrested and detained the newly appointed Managing Director of First Bank of Nigeria (FBN) Holdings Plc, Nnamdi Okonkwo. Details of Mr. Okonkwo’s arrest remained sketchy Monday night although some sources said he was being questioned over his role in the transfer of $153.3 million from the Nigerian National […]Read More

The Nigerian Association of Resident Doctors has been ordered by the National Industrial Court in Abuja to stop the ongoing strike awaiting the outcome of the substantive litigation before it. As a result, the court ordered all members of the association to return to work. He stated that because resident doctors provide critical services, they […]Read More

The Southern Governors Forum (SGF) emerged from its meeting in Enugu State on Thursday with a commitment to work together to ensure that each state’s Value Added Tax (VAT) is retained. The Forum also took use of the opportunity to reflect on specific national issues, such as the level of compliance by member states with […]Read More

Despite being suspended by the President, Muhammadu Buhari, former interim Chairman of the Economic and Financial Crimes Commission, CP Ibrahim Magu, is still on the Federal Government’s payroll as a police officer, according to Maigari Dingyadi, Minister of Police Affairs (rtd). The minister was a guest on Channels Television’s current affairs program “Politics Today” on […]Read More

The Federal Government will stop paying most of its electricity subsidy payments next year, which are expected to be around N30 billion per month.  Vice President Yemi Osinbajo said the government anticipated the electricity sector to earn money from the power sector market at the 14th Nigerian Association for Energy Economics/IAEE conference in Abuja yesterday. The theme of the conference is ‘’Strategic responses of the energy sector to COVID-19 impacts on African economies.’’ Prof. Osinbajo, who was represented by Engr. Ahmad Zakari, Special Assistant to the President on Infrastructure, stated that the government would invest over $3 billion in transmission Read More

The Yoruba Council of Elders, YCE, has stated that if Sunday Adeyemo, also known as Sunday Igboho, has been detained, he should be given the right to defend himself. The outburst followed reports that the popular Yoruba freedom warrior had been apprehended by security forces in Cotonou, West Africa. Igboho was reportedly apprehended Monday night […]Read More

The House of Representatives reaffirmed Monday that the electoral bill’s ratification will not prevent the Independent National Electoral Commission (INEC), from implementing electronic voting and transmitting election results in 2023. It went on to say that it had granted the electoral umpire appropriate discretionary powers over whether or not to transmit election results electronically in […]Read More

The Nigerian Governors Forum (NGF) has raised concerns over the proposed ownership structure of the Nigerian National Petroleum Corporation (NNPC), as defined in the Petroleum Industry Bill (PIB). The governors, who said they support the unbundling and commercialisation of the NNPC, faulted the part of the legislation that places its ownership on the federal government. The […]Read More

President Muhammadu Buhari says his administration is prepared to use everything within its powers to end insecurity in the country and bring perpetrators of criminal activities to book. The President, who spoke on Tuesday at a dinner with members of the National Assembly, held at the State House Conference Centre, Abuja, said ‘‘insecurity, manifesting as […]Read More