$12 billion investment beckons in gas sector • Nigeria eyeing $18b oil, gas investment, says NNPC Nigeria is pushing to offset about $1 billion gas legacy debt as stakeholders in the industry raised hope of a $12 billion investment and 10 Final Investment Decisions (FIDs) in the next one decade. …
Read More »Tough times for students, parents as schools hike fees by 200%
University Tuition Fee These are hard times for students and parents, as they are now to pay more for their education following increase in fees by the nation’s federal and state universities. Many institutions have increased their fees by 100 to 200 per cent, which may force some indigent …
Read More »Detention: Court rules on Emefiele’s case today
Godwin Emefiele The detained suspended governor of the Central Bank of Nigeria, Godwin Emefiele, will today, know his fate concerning the fundamental human rights suit he filed to challenge his arrest and detention by the Department of State Services. Recall that on June 10, the DSS arrested the governor of …
Read More »Zamfara bankrupt, owing WAEC N1.6 billion – Gov. Dauda Lawal
Governor of Zamfara State, Dauda Lawal Gov. Dauda Lawal of Zamfara said the state he inherited was bankrupt when he took over power. Lawal stated this on Wednesday evening at an interactive session with Zamfara professionals in Abuja. “I believe in the history of our state, this is the first …
Read More »NLC protests Tinubu’s N500bn subsidy palliative, demands 300% pay rise
President Bola Tinubu •Reps sit on N500bn subsidy relief request today, FG, Labour for fresh negotiations •N500bn not enough for 125 million poor Nigerians affected by deregulation – NLC, TUC The Nigeria Labour Congress and the Trade Union Congress have thumbed down the N500bn palliative proposed by President Bola Tinubu, …
Read More »Senate probes IPPIS over fraud
Senate in session The Senate, on Wednesday, launched an investigation into allegations of bribery and corruption levelled against officials of the Integrated Payroll and Personnel Information System at various universities across the federation. The Senate also resolved to hold an interactive session with the Head of Service, the National President …
Read More »Rivers: Fubara, Julius Berger sign N195.3bn Port Harcourt Ring Road Contract
Governor Siminalayi Fubara in a handsake with the Managing Director of Julius Berger Nigeria PLC, Dr. Lars Ritcher after the signing of contract for Port Harcourt Ring Road Project in Government House, Port Harcourt on Wednesday Governor Siminialayi Fubara’s administration in Rivers has signed a contract with Julius Berger (JB) …
Read More »Peter Obi condemns killings in Nigeria, exonerates IPOB from sit-at-home order
Labour Party presidential candidate, Peter Obi Peter Obi, the 2023 presidential candidate of Labour Party and leader of the Obi-dients movement, has condemned the killings of innocent Nigerians by criminals. Obi, who is also the former Governor of Anambra State, laid emphasis on the killings in North Central and the …
Read More »EFCC to arraign Stella Oduah Tuesday for alleged NYSC certificate falsification
Senator Stella Oduah The Economic and Financial Crimes Commission (EFCC) will on Tuesday, arraign former Aviation Minister, Sen. Stella Oduah, before Justice James Omotosho of a Federal High Court in Abuja on a fresh charge. Oduah, who represented Anambra North Senatorial Distinct in the 9th National Assembly, will be arraigned …
Read More »N7.5bn Fraud: Court Remands ‘Fugitive’ Ponzi Scheme Operator, Bamise Ajetunmobi
A Lagos Federal High Court, today, ordered the remand of Bamise Ajetunmobi, a Ponzi Scheme Operator, who has been on the run since 2021, over alleged N7.5 billion fraud. The court presided over by Justice Chukwuejekwu Aneke, remanded the Ponzi Scheme Operator, after he pleaded not guilty to 12 counts …
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