A London court has quashed an $11 billion damage bill against Nigeria lodged by Process & Industrial Developments Limited Gas Company. The bill charge was brought against Nigeria for a collapsed gas processing project in Cross River, Nigeria. According to Reuters, the court ruled that the gas processing project was procured with a bribe paid […]
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The Central Bank of Nigeria has cautioned PoS operators over cash availability. This was made known in a statement signed by the Acting Director of Communication and Public Relations, Sidi Ali, on Thursday. The CBN noted that there is a collusion between some Deposit Money Banks and Point-Of-Sale operators affecting the availability of cash and […]
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The House of Representatives on Thursday invited the immediate past Aviation Minister, Hadi Sirika, for questioning over the controversial National Air Carrier, Air Nigeria. In a motion sponsored by Tarkighir Dickson on the floor of the House at Thursday’s plenary, the Green Chamber noted that in 2016, Sirika proposed an aviation roadmap with the national […]
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The 2023 Presidential candidate for the Labour Party, Peter Obi, has spoken out against the planned demolition of about 200 houses in the Nuwalege community of Abuja to make way for the expansion of the presidential fleet. In a statement on Thursday via his X account, Obi said he was “shocked” and “pained” by the […]
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The Catholic Bishops Conference of Nigeria has said that Catholic Churches in the country would not bless same-sex unions. The bishops said the blessing of the same-sex union is against God’s law, the teachings of the church, and the law of the country. They made this known in a statement released and signed by the […]
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A member of the Rivers Elders’ Forum and former Rivers State Commissioner for Works, Chief David Briggs, has alleged that President Bola Tinubu imposed the resolution concerning the crisis in the state on Governor Siminalayi Fubara. Briggs, who said he attended the resolution meeting at the Presidential Villa in Abuja, insisted that the governor signed […]
Continue ReadingAt the Nigerian Exchange Limited (NGX) on Thursday, equities market momentum remained upbeat for the fourth consecutive session, with the benchmark index posting a 1.21 percent gain, reaching 74,289.02 basis points. This bullish rally, part of the Santa Claus rally phenomenon, was fuelled by robust buying activity in major banking sector stocks as fund managers […]
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A foremost aviation journalist, Mr Horatius Egwa, has been appointed with 45 others as new agencies’ directors in the Aviation Ministry by the Federal Government. He is to be the director in charge of special duties. The appointees would replace the over 38 directors recently sacked from the aviation agencies. A statement from the Ministry […]
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Osun State House of Assembly has approved N273,908,997,410 appropriation bill for the 2024 fiscal year. The Chief Press Secretary to the Speaker, Olamide Tiamiyu made this known in a statement in Osogbo on Thursday. He said: “The motion for the Bill to be read for the third time, which signal the Approval of the House, […]
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Vice President Kashim Shettima on Thursday, December 21, charged members of the National Economic Council (NEC) to shelve the idea of vacation in the yuletide and carry on with issues of governance to ease the burden of Nigerians hanging on their shoulders. He charged the council members to be alive to the demands of Nigerians, […]
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