Adenuga, 148 others to get national honours

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 […]

Fresh controversy over N5,000 note

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 […]

N5,000 note: Northern chamber of commerce backs CBN

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 […]

N106bn approved for upgrading of 11 airports (All of which will be stolen)

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 […]

Bakassi: A big shame – Kalu

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 […]

Nnaji’s Exit: Will Nigeria surmount the power impasse?

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 […]

Oil subsidy: EFCC declares three oil marketers wanted

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 […]

Terrorism: Telecoms firms threaten to cut off North

  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 […]

FG disburses N2bn resettlement package to Bakassi indigenes

Attorney-General of the Federation, Bello  Adoke, said the Federal Government had disbursed more than N2bn to communities affected in the border dispute in the Bakassi Peninsula. Adoke said this in an interview with the News Agency of Nigeria in Yaounde, Cameroon, on the sideline of the 29th session of Cameroon-Nigeria Mixed Commission. The justice minister […]

N5,000 note’ll encourage money laundering – Fasehun

Founder and President, Oodua Peoples Congress, Dr. Frederick Fasehun, says the planned introduction of N5,000 note will encourage money laundering. Fasehun said this during a media roundtable in Lagos on Wednesday. According to him, imposing the new note on Nigerians would not augur well for the security and social life of the people. Fasehun said, […]

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