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Speaker, House of Reps., Dogara The speaker’s office has denied the allegations that Dogara tried to pad N30 billion into 2016 budget. The allegation was made by sacked House Appropriation chairman, Hon Abdulmumuni Jibrin.   A statement by the spokesperson for the house, Abdulrazak Namdas, dismissed Mr. Jibrin’s claims. Full statement: Our …

President Muhammadu Buhari on Thursday confirmed that his administration is currently engaging Niger Delta militants in talks in order to end the spate of violence being experienced in the region. He said the talks are being done through oil companies and law-enforcement agencies and are meant to find a lasting …

Fani Kayode Femi Fani-Kayode, a former Minister of aviation and Spokesman of the presidential campaign of former President Goodluck Jonathan has revealed that he only got N800 million, being 10 per cent of his demands, for running the presidential campaign of the Peoples Democratic Party (PDP). He declared that the …

Reconciliation is under way between the APC Senator representing Lagos Central, Senator Oluremi Tinubu and her colleague, Senator Dino Melaye (APC, Kogi West) following the intervention of  Senate President, Bukola Saraki. Elombah.com learnt that Saraki met with both Tinubu and Melaye separately for a period of two hours each to …

ABOVE PHOTO: Christine Lagarde, managing director of the International Monetary Fund, at a press conference at the Treasury in London in May. PHOTO: ZUMA PRESS Costly regulations and business preferences are causing Western banks to terminate or suspend correspondent banking relationships with smaller foreign jurisdictions. According to the IMF said …

It is no doubt that the Hausa movie industry fondly called Kannywood is a thriving one. However, not much has been done to promote and celebrate the sector because some do not have the courage to take the bull by the horn. But that will soon be a thing of …

CAN President, Ayokunle A new President was on Wednesday in Abuja inaugurated for the Christian Association of Nigeria (CAN), with a promise that under his administration, CAN would not patronise government but wild be a check on misgovernment. Speaking before handing over to his successor, Dr. Supo Samson Ayokunle, outgoing President …

Aisha-Buhari The wife of President Muhammadu Buhari, Aisha, has sued the Ekiti State Governor, Ayo Fayose, for alleging that she was indicted in the Halliburton multi-million dollar scandal. The governor claimed that Aisha Buhari was named in a document that stated she was one of those indicted in the celebrated …

Diamond Bank Plc has added 30 Nigerians to the list of millionaires in the country at its DiamondXtra June Mid-Year Draw. Three lucky winners also emerged from a targeted draw for the Bank’s customers inside the Cantonment. In a release made available to the press, Diamond Bank stated that the …

The Asset Management Corporation of  Nigeria, under Ahmed Kuru appears to be fast losing grip of its mandate, which is to help businesses recover rather than  destroy them. It just has announced it had initiated steps to wind down MRS Holdings Limited over its inability offset its N81bn debt. Another …