Gilbert Chagoury, the owner of Eko Hotel and key financier of Eko Atlantic project, paid $1.8 million in fines to the United States after he was suspected of funding terrorism, banned from entering U.S. and indicted on charges of violating the country’s election laws. Mr Chagoury, 75, was fined $1.8 …
Read More »
Minister for Justice and attorney general of the federation Abubakar Mallami while on politics today in channels television argued that Southern Governors have no right to ban open grazing in the south. He said its like Northern governors saying that the sell of spare parts is banned. Nigerians lashed …
Read More »
Nigeria’s Gross Domestic Product (GDP) grew by 0.51%(year-on-year) in real terms in the first quarter of 2021, marking two consecutive quarters of growth following the negative growth rates recorded in the second and third quarters of 2020. The Q1 2021 growth rate was slower than the 1.87% growth rate recorded …
Read More »
Tougher times are here and any pretension to the contrary has been ripped to shreds with Wednesday’s resolution of the governors giving full backing to complete deregulation of the downstream sector of the petroleum industry, which in effect may jerk the pump price of petrol to N385 per litre. The …
Read More »
POLICE PRESS RELEASE, LAGOS STATE COMMAND, DATED 20TH MAY, 2021 NO KIDNAPPING RECORDED IN LAGOS STATE… CP ODUMOSU The Commissioner of Police, Lagos State, CP Hakeem Odumosu, has again debunked the rumours of alleged kidnapping in any part of Lagos State. He made the declaration today Thursday 20th May, 2021 …
Read More »
China Railway Construction Corporation (CRCC) subsidiary China Civil Engineering Construction Corporation (CCECC) has signed a contract with Nigeria’s Federal Ministry of Transportation for the development of the Nigerian Eastern Railway Corridor. The value of the contract stands at around $3.02 billion. The scope of the contract includes the reconstruction and …
Read More »
•Labour warns against plan •LCCI: we need innovative policy on petroleum Subsidy on petrol will soon be withdrawn, Minister of State for Petroleum Timipre Sylva, said yesterday. The minister told reporters there is no going back on the decision because the government can no longer afford it. Sylva explained that …
Read More »
China government has placed a banned on financial institutions and payment companies from providing services related to cryptocurrency transactions, and warned investors against speculative crypto trading. Under the ban, such institutions, including banks and online payments channels, must not offer clients any service involving cryptocurrency, such as registration, trading, clearing …
Read More »
SOUTHEAST YOUTH LEADERS TO CONVENE AT DEMOCRACY YOUTH ROUNDTABLE SOUTHEAST EDITION One of the biggest gathering of Nigerian Youths in leadership and Administrative offices is set to hold a conference in the southeast region of Nigeria. The gathering of over 2000 youths from different states across the southeast is …
Read More »
KDSG condemns unlawful actions by unionists, urges residents to stay calm The Kaduna State Government has said that the conditions that compelled its decision to rightsize have not been altered by the NLC’s campaign of economic and social sabotage. KDSG remains firmly committed to using all the resources it can …
Read More »
