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Fayose declares Thursday half-working day to welcome freed state’s finance commissioner, AG

The Ekiti state Governor, Mr. Ayodele Fayose has declared tomorrow, Thursday 12th October, 2017 a half-working day for civil servant following the release of the detained state’s Commissioner for Finance, Chief Toyin Ojo and the Accountant General, Mrs. Yemisi Owolabi by the Economic and Financial Crimes Commission, EFCC. Recall that the EFCC had arrested the duo almost 14 days ago ...

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$5.5 billion loan: Buhari Is mortgaging our children’s future – PDP

Prince Dayo Adeyeye Nigeria`s main opposition party, the Peoples Democratic Party, PDP, has expressed shock in the planned $5.5 Billion loan the Federal Government has applied for and written to the Nigerian Senate for approval.         In a press release signed by the party`s National Publicity Secretary, Prince Dayo Adeyeye, the PDP considered the idea as an attempt ...

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Again, Buhari Seeks Senate’s Approval For $5.5bn Loan

The President, Muhammadu Buhari, has asked the Senate to approve a loan of $5.5 billion to fund the 2017 budget. His request was contained in a letter read by the Senate President, Dr. Bukola Saraki, at the plenary on Tuesday. The President also said that the 2017 budget had a deficit of N2.356 trillion. More details coming…

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Theresa May sets out Brexit options including ‘no deal’

Prime Minister Theresa May   The UK has set out how it could operate as an “independent trading nation” after Brexit, even if no trade deal is reached with Brussels. Prime Minister Theresa May told MPs “real and tangible progress” had been made in Brexit talks. But the country must be prepared for “every eventuality”, as the government published papers ...

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EFCC docks 2 oil firms, directors over N1.57bn alleged fraud

Two oil service companies and their directors, were, Monday,  arraigned by Economic and Financial Crimes Commission, EFCC, before a Federal High Court sitting in Lagos for allegedly inducing a financial institution to deliver to Danium Energy Services Limited the sum of N1.57billion. Counsel to EFCC,  Rotimi Oyedepo, in the charge,  said the accused on or about October 5, 2016 in ...

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House summons: We’ll use mechanism of law to get you, Reps tell Magu, NNPC, others

APPARENTLY disturbed by the deliberate refusal of acting Chairman of Economic and Financial Crimes Commission, EFCC, Ibrahim Magu and other agencies of government to obey summons, the House of Representatives Committee on Public Petitions, yesterday, vowed to apply the mechanism of the law to make them appear. Other agencies accused of flouting summons include the Nigerian National Petroleum Corporation, NNPC, ...

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$26bn Fraud Allegations: Party Seeks Kachikwu’s Resignation, NNPC GMD’s Suspension

More reactions have continued to trail the recent letter written by the Minister of State for Petroleum Dr Ibe Kackiwku to President Muhammadu Buhari. Kackiwku in the letter alleged that the Group Managing Director of the Nigeria National Petroleum Corporation (NNPC), Maikanti Baru awarded contracts amounting to $26 billion without following due process. The national secretary of the Action Democratic Party (ADP), ...

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Kachikwu’s Leaked Memo Revives NNPC Scandal

A leaked memo from Nigeria’s Minister of State for Petroleum has shown that irregularities in the state-owned oil giant remain entrenched, despite official vows to root out the “cancer” of graft. Emmanuel Ibe Kachikwu wrote to President Muhammadu Buhari to report on questionable practices in the state-owned Nigerian National Petroleum Corporation (NNPC). Five NNPC contracts, with a total value of $25 ...

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See Photos Of Stanbic IBTC Bank Staff In School Uniforms To Mark Customer Service Week

One of the commercial banks in Nigeria has painted a classroom setting in secondary schools to mark their customer service week.     These are colourful photos of Stanbic IBTC members of staff setting aside their laborious jobs to mark their customer service week with utmost fun. Some of the workers in Lagos recently dressed as school students and teachers ...

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