UK court orders Nigeria to pay $200m in $9.6b case

A United Kingdom court on Thursday ordered the Nigerian government to pay $200 million pending its appeal against the $9.6 billion awarded to a tiny offshore firm involved in a failed gas deal. The high-stakes dispute pits Process and Industrial Developments Limited (P&ID) — a British Virgin Islands-registered company founded by two Irish business partners […]

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Osinbajo fights back, moves to sue Frank, Ononuju for libel

Media house retracts story on alleged corruption Lawyers differ over renunciation of legal protection The ongoing controversy surrounding the office of Vice President Yemi Osinbajo over an alleged strained relationship between him and his principal, President Muhammadu Buhari, took a new turn yesterday when the former declared his readiness to waive his constitutional immunity to […]

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Thunder wrath: ODSG moves to prevent epidemic at Ijare

Olujare speaks, explains reasons behind disaster Ijare, the  sleepy agrarian town  in the Ifedore local government area  of Ondo State where thunder struck dead 36 cows on a sacred hill last Saturday has become a Mecca of sort as awe struck people continue to throng the town. Yesterday, the community was almost jampacked by visitors, […]

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Sowore yet to be released after meeting bail conditions – Falana

Counsel to Mr Omoyele Sowore, the detained convener of the #RevolutionNow protest, Mr. Femi Falana, SAN, says despite fulfilling the bail conditions of his client since morning, the Department of State Services (DSS) is yet to release him. Sowore’s expected release is in line with the order of a Federal High Court order delivered by […]

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AAUA VC, Ajibefun calls for e-registry, less paperwork

Vice Chancellor of Adekunle Ajasin University, Akungba Akoko, Ondo State, Prof. Igbekele Ajibefun, has called on the administrative staff of the Institution to embrace electronic registry to ensure prompt service delivery and less of paperwork. Ajibefun, who gave the advice while declaring open a workshop organised by the University’s Chapter of the Association of Nigerian […]

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Agagu Foundation gives N2m scholarship to Adekunle Ajasin University students

Representative of the Olusegun Agagu Foundation and Ondo State Commissioner for Education, Mr Femi Agagu (R), presenting the cheque for the Endowment to the Vice Chancellor, Prof. Igbekele Ajibefun. The Olusegun Agagu Foundation has presented a cheque of N2 million as Scholarship Endowment for outstanding students from the Department of Geology of Adekunle Ajasin University, […]

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Buhari sends 2020-2022 MTEF/FSP to Senate

At last, President Muhammadu Buhari has sent the 2020-2022 Medium Term Expenditure Framework and Fiscal Strategy Paper to the Nigerian Senate. Senate President, Ahmad Lawan, announced receiving the framework during Wednesday’s plenary. The proposed expenditure for the 2020 budget is N9.79 trillion. Lawan has also promised early passage of the budget if submitted early to […]

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2020 budget may suffer delay

Senate yet to get medium-term expenditure framework Vows action on petroleum bill, insecurity Experts disclose ways to improve nation’s fiscal plan There were strong indications yesterday that the 2020 budget may suffer delay as in previous fiscal years, as the Senate said it was yet to receive a draft copy of the Medium-Term Expenditure Framework […]

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