Minister of Interior, Mr. Abba Moro, has denied reports linking him to gunrunning and arms smuggling. Moro also urged security operatives to investigate the allegation of gunrunning against him and also those behind it. He said only such a move would serve as a deterrent to those whose motive was to pull down those holding […]
The Central Bank of Nigeria has said that it will be illegal for banks to compel their customers to accept the N5000 note when it comes into existence.. The apex bank, which denied allegations that it was forcing the new structure of the naira on Nigerians, said customers could reject N5000 note from banks “I […]
Globacom Limited Chairman, Dr. Mike Adenuga, has joined the President of Dangote Group, Alhaji Aliko Dangote, among personalities to be conferred with the award of Grand Commander of the Niger. GCON is usually bestowed on the country’s Vice-President. But last year, Dangote made history when he was conferred with the award. A statement on Sunday […]
By Our Reporter LAGOS— Fresh controversy, yesterday, trailed the proposed introduction of N5,000 note as there were speculations that the controversial note had already been printed abroad and shipped into the country preparatory to distribution. This came as the National Assembly and the National Economic Council insisted that they were yet to give the policy […]
BY HENRY UMORU ABUJA— DESPITE criticisms that have been trailing the proposed introduction of a new N5,000 note by the governor of Central Bank of Nigeria, CBN, Mallam Sanusi Lamido Sanusi, Conference of Northern States Chambers of Commerce, Industry, Mines and Agriculture CONSCCIMA, weekend threw its weight behind it. Speaking with newsmen, Chairman of the […]
From WALTER UKAEGBU, Abuja The Federal Government has approved N106 billion, through the Federal Executive Council (FEC), to commence construction of five new world class international airport terminals in the country. Minister of Aviation, Princess Stella Adaeze Oduah, made this disclosure yesterday in Abuja during a press conference to update stakeholders on development in the […]
Former Abia state governor Dr.Orji Uzor Kalu Thursday blamed past Nigerian leaders for donating part of the country to Cameroun. While maintaining that the crisis would not have come up if General Yakubu Gowon had not signed the Yaounde and Marouna Accord,he frowned at Chief Olusegun Obasanjo’s decision to settle for the decision of the […]
By John Bulus Hope was rekindled for the Power Sector when President Goodluck Jonathan appointed an electricity expert, Professor Barth Nnaji as the Minister of Power in 2011. Barely, 13 months after, the Minister resigned his appointment in an extreme controversial circumstance. JOHN BULUS analyzes what his exit portends for the future of Nigeria amidst […]
By Emma Ujah, Abuja Bureau Chief and Soni Daniel The nation’s major petroleum products marketers, yesterday, pledged to work with the Federal Government to successfully complete the on-going subsidy payment audit and continue, unabated, the distribution of fuel to their various outlets across the country. The Chief Executive Officer, CEO, of Folawiyo Energy, Mr. Dipo […]
Major providers of mobile telephony in the country have threatened to withdraw their services from the North. They hinged their threat on the spate of attacks on base stations which has made them to lose a whopping N1.03bn. The umbrella body of the telecoms operators, the Association of Licensed Telecommunications Operators of Nigeria, on […]
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