Daily Record

FG Probes N2.9tr Gas Deal Fine By UK Court

The Federal Government Tuesday said it had raised a joint panel to probe the $9.6 billion (N.2.946 trillion) fine imposed by a United Kingdom court on the country for allegedly defaulting in a gas supply contract believed to be sealed in 2010. The inquiry, to be conducted by the Economic …

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I didn’t steal Abia’s N7.2b, says Kalu

A FORMER Abia State governor, Dr. Orji Uzor Kalu, on Tuesday said he did not steal N7.2 billion while in office between 1999 and 2007. He said during his tenure, the state had no such fund. Kalu spoke while continuing his testimony before Justice Mohammed Idris of a Federal High …

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APC panel disqualifies Jibrin, Audu, Lulu, Irukera, others

•Bello, three others cleared THE All Progressives Congress (APC) screening committee for the Kogi State governorship primary has disqualified 12 of the 16 aspirants from running for the party’s ticket. The party generated about N363 million from the 16 aspirants, including Governor Yahaya Bello and three members of the Prince …

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Buhari has nothing to do with IPOB in Japan

The proscribed Indigenous People of Biafra (IPOB) group has had nothing to do with President Muhammadu Buhari since he arrived Yokohama, Japan on Monday, the presidency has stated. A statement by the Special Adviser on Media and Publicity Femi Adesina urged Nigerians at home and in the Diaspora to disregard …

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FBI scammers list: Nigeria’s US embassy opens up

Ambassador Sylvanus Nsofor The Nigerian embassy in Washington DC has woken up from slumber to condemn the criminal act by 77 Nigerians, five days after the FBI published the earth-shaking list. In a statement on Monday, the embassy said the Federal Government “condemns such criminal acts in all ramifications”. Mr …

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CBN Ends Credit To Firms, Individuals Without TIN, BVN

  The Central Bank of Nigeria (CBN) has mandated commercial banks to stop lending to firms without Tax Identification Number and individuals not having Bank Verification Number (BVN).  This was contained in its latest exposure draft on the review of the Prudential Guidelines, PG, for commercial, merchant and non-interest banks. …

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How We Intend To Lift 100m Nigerians Out Of Poverty- FG

The Minister of Science and Technology Dr Ogbonnaya Onu, Monday said the Federal Government would deploy science, technology and innovation to actualize President Muhammadu Buhari’s promise of freeing 100 million Nigerians from the poverty trap. Dr Onu spoke while addressing Supervising Directors, Heads of Agencies and staff of the Ministry …

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