National
18 Nov 2015
The Harrow Crown Court in northwest London, has convicted a British couple who were found guilty of keeping a Nigerian immigrant enslaved for more than two decades. Damaris Lakin, the Crown Prosecution Service, said on Wednesday in London that Emanuel Edet, 61, and Antan Edet, 58, held their victim captive from the time he was…
18 Nov 2015
The Ministry of Petroleum Resources has instructed the Department of Petroleum Resources (DPR) to distribute petrol of any filling stations involved in hoarding to customers free of charge. Dr Ibe Kachikwu, the Minister of State, Petroleum Resources, announced this during his tour and monitoring of fuel stations in the Federal Capital Territory (FCT). He said…
18 Nov 2015
AN end to the current fuel crisis may not be certain but Minister of State for Petroleum Resources, Dr Ibe Kachikwu, yesterday gave an indication that a new pump price will come into effect next January 2016.
17 Nov 2015
The Lagos State House of Assembly on Tuesday urged the Federal Government to refund the N52 billion spent by the state government on repair of federal roads over the years. The lawmakers also called for urgent rehabilitation of dilapidated federal roads impeding commercial activities and causing hardship to residents. This followed an observation made by…
17 Nov 2015
The President of the Senate, Sen. Bukola Saraki, has said that no amount of intimidation will stop the assembly from investigating the alleged N25 billion Treasury Single Account (TSA) fraud. Saraki was reacting to a motion moved by Sen. Dino Melaye (APC-Kogi West) on Tuesday over a newspaper article allegedly blackmailing the Senate for pointing…
17 Nov 2015
The Inspector-General of Police, Mr Solomon Arase, said police were aware of plans by some politicians in Kogi to clothe thugs in police uniform during the governorship election in Kogi on Saturday. Arase, who made the disclosure on Tuesday in Lokoja, at a stakeholders’ forum, said that the intention of the perpetrators was to disrupt…
16 Nov 2015
CSR-in-Action, Nigeria’s premier business and ethical networking platform and consultancy for sustainability, has announced plans to host governments, captains of industry, experts and investors in the country’s capital, Abuja, to stimulate meaningful exchange of ideas on how to unlock over $100bn potential in the extractive industries within the next four years. The 4th hosting of…
16 Nov 2015
The Defence Headquarters on Monday said troops of 21 Brigade of Nigerian Army have destroyed a makeshift factory used by Boko Haram insurgents to manufacture explosives and rockets. The Nigerian Army spokesman, Col. Sani Usman said in statement that items such as gas cylinders, welding machine, pipes and poles. Others include locally made rocket shells, large quantity…
16 Nov 2015
PRESIDENT Muhammadu Buhari has appealed to Nigerians to demonstrate their collective appreciations to the selfless sacrifices made by veterans of the Nigerian Armed Forces by donating generously for their up keep and the families f the fallen heroes. The President, who made the appeal during the formal launch of the 2016 Armed Forces Remembrance…
16 Nov 2015
The November Edition of Forbes Africa features the Chairman of the Coscharis Group Dr. Cosmas Maduka who turned N200 into a multimillion-dollar business empire spanning automotive spare-parts, technology, manufacturing and agriculture. Today, we are excited to take you behind the scenes of the cover shoot. Peace Hyde, Forbes West Africa Correspondent and TV Personality, chats…
16 Nov 2015
TWENTY-FOUR hours after fiery catholic priest and crusader, Ejike Mbaka, described pro-Biafra protests as ‘evil’, the Movement for the Actualisation of the Sovereign State of Biafra (MASSOB) yesterday insisted that Biafran revolution was indestructible.
16 Nov 2015
A MIX of devaluation and depreciation of the naira, coupled with eventual inflationary trend, may have raised Nigeria’s obligation to its debt stock payment to N12.12 trillion.