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Independence Day bombings: SSS arrests Lagos banker, others

The State Security Service on Tuesday confirmed that it had arrested a banker ally of leader of Movement for the Emancipation of Niger Delta, Mr. Henry Okah, for allegedly coordinating the finances of the nation’s 50th Independence Day bombings in Abuja on October 1, 2010. Okah and his younger brother, Charles Okah, as well as […]

Constitution: Govs meet, plan to battle Jonathan (Endless meetings)

Indications emerged on Tuesday that the Nigerian Governors’ Forum was poised for a showdown with President Goodluck Jonathan over issues like the constitutional amendments, the Sovereign Wealth Fund and the Excess Crude Account. THE PUNCH learnt that the governors at their meeting in Abuja on Tuesday resolved to mobilise their state houses of assembly to […]

11 die, others injured in Ibadan auto crash

Eleven people, including two school children, were reportedly killed in multiple accidents on Tuesday. Also, 16 others were said to have sustained varying degrees of injuries in separate locations in Ibadan. An accident was reported to have occurred along Ibadan-Ife Road around 2:47am while the second one was reported at Boluwaji area along Lagos-Ibadan Expressway […]

FCT minister reshuffles

The Minister of Federal Capital Territory, Senator Bala Mohammed, has reshuffled some senior officials in the Federal Capital Territory Administration with the appointment of Dr. Musa Musa as the new Group Managing Director of the Abuja Investment Company Limited. The new group managing director until Tuesday was the Senior Special Assistant to the FCT Minister […]

Naira appreciates by 3.4% after CBN intervention

  he naira strengthened on Tuesday, gaining 3.4 per cent at the inter-bank market a day after an aggressive interest rate hike by the Central Bank of Nigeria designed to shore up the value of the currency. The naira opened at N158.60 against the dollar at the inter-bank market, representing an increase of 3.4 per […]

EFCC arraigns Alao-Akala, Senator on corruption charges

A former governor of Oyo State, Chief Adebayo Alao-Akala, was on Tuesday arraigned at the State High Court, Ibadan, accused of misappropriation of state funds, concealment and fraud. Alao-Akala, slammed with 11 counts by the Economic and Financial Crimes Commission, was arraigned before Justice Mashood Abass, with his former Commissioner for Local Government, who is […]

Head or tail, Siasia is history

AS Nigerians continue to grit their teeth in agony over the missing out on the African Cup of Nations to be co-hosted by Gabon and Equatorial Guinea next year, the Nigeria Football Federation, NFF, has finally agreed on how to solve the puzzle on whether to sack or retain coach Samson Siasia. The Super Eagles […]

Panel denies indicting Buhari over post-election riots

ABUJA—Barely 24 hours after the Federal Government panel on the 2011 Elections Violence and Civil Disturbances submitted its report and a section of the media alleged that former head of state and Presidential candidate of Congress for Progressive Change, CPC, General Muhammadu Buhari (rtd), was indicted for making provocative utterances that instigated the violence, Chairman […]

Sovereign Wealth Fund: Govs meeting inconclusive

ABUJA— STRONG indications emerged yesterday that after a meeting of well over five hours, the thirty-six state governors under the aegis, Nigeria Governors’ Forum may dump the proposed Sovereign Wealth Fund, SWF by the Federal government. The governors at the end of the meeting which took place at the Rivers State Governor’s Lodge, Asokoro, Abuja, […]

Jubilation in Kano over Al Mustapha’s alleged release

KANO—THERE was wild celeration in Kano, Tuesday, following reports that the Appeal Court sitting in Lagos has dismissed a notice of appeal by the Lagos State Government against an earlier decision of the High Court which  threw out Major Hamza Al-Mustapha’s attempted murder case. Earlier, a High Court presided over by Justice Olokoba was said […]

Wike the newly converted Buharist of Rivers

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