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N979.6m Subsidy Fraud: Oil Marketer Absconds To Canada –EFCC

The Economic and Financial Crimes Commission (EFCC) on Thursday told an Ikeja High Court that an oil marketer, Oluwaseun Ogunbambo, charged with N979.6 million subsidy fraud, has fled to Canada. The EFCC disclosed this in its response to an application filed by Ogunbambo’s counsel, Mr Raphael Oluyede, before Justice Adeniyi Onigbanjo. Ogunbambo is being prosecuted […]

Growth, Development Come With Sacrifices, Says Uduaghan

DELTA State Governor, Dr Emmanuel Uduaghan has said it was better to bear the temporary pains associated with growth and development than to continuously live in deplorable conditions. Addressing traders at Slaughter Market, Refinery Road, Ekpan, the Governor observed that developmental projects, especially the ongoing removal of illegal structures will certainly cause some pains to […]

Update: Killing Of 17-Year-Old Boy: Police Arrest 3 Enugu Officials

IGNATIUS OKPARA, Enugu The Enugu state police command says it has arrested three persons in connection with the recent alleged murder of a 17 year old secondary school student, Ede chidiebere, by enforcement team of Enugu state Waste management Agency (ESWAMA) Ebere Amarizu, the state police public Relations officer PPRO, who disclosed this to African […]

Nigerian Stock Exchange Tndex up 0.35%, as FBN Holdings, Access Bank, Zenith Bank Most Traded

The Nigeria’s equities market further appreciated Wednesday as the Nigerian Stock Exchange All Share Index (NSE ASI) appreciated by 0.35% to close at 39,017.66 points, compared with the appreciation of 0.66% recorded yesterday. Year-to-Date (YTD), the Index has shed 5.59% of its value. Similarly, the Market Capitalization recorded an appreciation of 0.35% to close at […]

I’m Yet To Decamp to PDP -Fani-Kayode

Former Aviation Minister, Chief Femi Fani-Kayode has said he would not leave anyone in doubt in the event of his resolve to decamp from the All Peoples Congress (APC) into the Peoples Democratic Party (PDP) The former Minister said this to dispel news reports that he had dumped the APC to join the PDP. According […]

In US, Zamfara Partners with Maryland On Economic Development, Cultural Exchange

African Examiner Zamfara state has joined the popular Maryland Sister States Program as both states have agreed to partner in the area of health, education, agriculture and cultural exchange. Zamfara becomes the third state in Nigeria to join the program, which was established by the state of Maryland to oversee her many international exchanges, and […]

Fani-Kayode Set To Get Cabinet Appointment

… Mimiko, Obanikoro, Osuntokun Facilitate His Meeting With Jonathan Former Minister of Aviation, Chief Femi Fani Kayode may soon bag a fresh federal government appointment if the deal between him and President Goodluck Jonathan is anything to go by, Newspot Nigeria can authoritatively reveal. Fani Kayode had held a closed-door meeting with President Jonathan in […]

Confab Delegates Focus On True Federalism

The call for restructuring of Nigeria into true federalism with the different geo-political zones serving as federating units received further boosts on Wednesday as different delegates across different states harped on it. Presided over by the Conference Chairman, retired Justice Idris Legbo Kutigi the session was a continuation of the debate and comments on the […]

ECWA Church Establishes Micro Finance Bank, Releases N40m As Takeoff Grant

Agabus Pwanagba, Jos The Evangelical Church Winning All (ECWA) has established a Micro Finance Bank, which is aimed at alleviating poverty and uplifting the standard of living of its members and the citizenry. President of ECWA, Prof. Jeremiah Gado who stated this on Wednesday in Jos, at the Dedication/Commissioning of Gowans Micro Finance Bank, said […]

FG Monetization Policy: NCC Retirees Sue BPE, NCP

IGNATIUS OKPARA, Enugu The disengaged workers and Pensioners of defunct Nigerian Coal Corporation NCC have dragged Bureau of Public Enterprise BPE, National Council on Privatization and Nigerian Coal Corporation before an Industrial Court sitting in Enugu for what they described as “breach of 2003 Monetization Policy of the Federal Government. In a Complaint No: NICN/EN/07/2014 […]

Adelabu Assumes New Role As CBN Deputy Governor

Following his confirmation by the Senate, Mr. Adebayo Adekola Adelabu, has formally assumed his new role as the Deputy Governor of the Central Bank of Nigeria (CBN) on Wednesday, April 9, 2014. Adelabu, who was accompanied to the apex Bank by his aides, was welcomed by the Deputy Governor, Corporate Services, Alhaji Suleiman Barau. Introducing […]

Exclusive Interview: Osun Lecturers Give Condition To Call Off Strike

Oyewale Oyelola The Chairman of the Council of Academic Staff Union of Osun State Owned Tertiary Institutions, CASUOSTI, who doubles as Chairman College of Education Academic Staff Union, Osun State College of Education, Ila orangun, Comrade Lasisi Jimoh has given government conditions to call off the ongoing strike. Comrade Jimoh rolled out the conditions to […]

Nigerian Ports Authority Accuses 3 Drilling Firms Of Evading Charges

…firms sue NPA The Nigerian Ports Authority (NPA) has accused three drilling firms- Sedco Forex, Noble Drilling and Pacific International Drilling- of evading payment of charges to the Federal Government for drilling in the Exclusive Economic Zone (EEZ). The firms had sued NPA at the Federal High Court, Lagos, challenging imposition of the charges on […]

US Advocates Peaceful 2015 General Elections

Kayode Adelowokan The United States Ambassador to Nigeria, James F. Entwistle, has urged Nigerians to eschew violence  during or after the forthcoming 2015 general elections. Entwistle said this during his first visit to Makurdi, capital of Benue State, which in his  continuing tour of northern part of the country to interact with the people, learn […]

Group Faults Ohaneze Youth’s Attack On Jonathan

IGNATIUS OKPARA, Enugu A youth body, under the auspices of the South-East Youth Consultative Forum, (SEYCOF) has condemned the recent verbal attack on President Goodluck Jonathan by the youth wing of apex Igbo socio cultural organization, “Ohaneze Youth Council” (OYC), describing it as “misdirected and unwarranted”. Newly elected Youth Leader of Ohanaeze Ndigbo, Mazi Okechukwu […]

N4,000 Per Plate Meal Not Enough For Delegates -Confab

The Deputy Chairman of the National Conference; Prof. Bolaji Akinyemi has denied reports that a plate of lunch for delegates costs N60, 000. He said the plate of food serve by the Transcorp Hotel, Abuja to each delegated cost only about N4, 000, which he stressed was certainly not enough. Akinyemi said this, following an observation […]

World Bank Approves $140m For Community Development In Nigeria

Kayode Adelowokan, Lagos The World Bank has approved US$140 million additional support for community development in Nigeria with 26 states to benefit from the project focus on the most vulnerable households. According to a statement by the bank, the additional financing is expected to fund micro-project such as rehabilitation and construction of school class rooms, […]

EFCC Arraigns Traditional Ruler for N12m Fraud

Ignatius Okpara, Enugu The Economic and Financial Crimes Commission, EFCC has arraigned a traditional ruler, Cornelius Nwoga, Nze Obi the (IV), before Justice  Agishi of Federal High Court, Enugu, on a 8-count charge of conspiracy and obtaining money under false pretense. The accused is alleged to have conspired with a syndicate to defraud one Okey […]

Again Soldiers Seal Off Another N7 Billion Lagos Housing Project

Soldiers, fully armed on Tuesday invaded the site of a Lagos State Housing project on Lagos Island, Nigeria and sealed off the place after driving away construction workers on site. The soldiers were said to be acting under the instruction of the Federal Government saying they are members of the Presidential Taskforce. Secretary of Lagos […]

How the Empires are Fading Themselves Away

Prof. R. A. Ipinyomi

By Prof R.A. Ipinyomi, University of Ilorin, Nigeria An Empire consists of two or more countries governed by a single supreme authority. The World has witnessed several empires before. Unfortunately most of those empires remain just in a few history books and with only woe tales to tell. Empires were never centres of excellence or […]

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