News

Nigeria’s current recession, which was officially announced on Saturday, will be short-lived, Zainab Ahmed, the Minister of Finance, Budget and National Planning, has said.   Nigeria slid into its second recession in five years after the gross domestic product fell by 3.62 percent in the third quarter of the year, the National Bureau of Statistics, […]

The Federal High Court in Abuja has ordered the arrest of Abdulrasheed Maina, the former Chairman of the defunct Pension Reformed Task Team, who is believed to have jumped bail in respect of his trial involving N2bn money laundering charges.   Justice Okon Abang made the order in Wednesday’s ruling in which he also revoked […]

A Federal High Court in Abuja on Monday ordered that Senator Ali Ndume (Borno South) be remanded in Kuje correctional centre.   Justice Okon Abang made the order after Ndume’s failed to produce Abdulrasheed Maina, who is standing trial before the court on money laundering charge and for whom Ndume stood surety.   Maina is […]

  …imposes $220,000 fine   World Football ruling body, FIFA, has banned Ahmad Ahmad, president of the Confederation of African Football, for five years for corrupt practices, it said Monday.   FIFA also imposed on him a fine of 200,000 Swiss francs ($220,000).   The ban in Ahmad covers all football-related activity (administrative, sports or […]

Philip Shekwo, Chairman the ruling All Progressives Congress in Nsarawa State, who was kidnapped late Saturday, has been murdered.    Shekwo was abducted from his residence about 11 pm on Saturday in Bukan-Sidi, Lafia, the state capital.   His body was later found Sunday with bloodstains, dumped a few meters away from his residence.   […]

  The protest video footage submitted to the Lagos EndSARS panel by the Lekki Concession Company, LCC has revealed that the soldiers  arrived at the Tollgate in at least six vehicles, but shows no shooting.   This emerged at the resumed viewing of the video on Saturday by the Lagos State Judicial Panel of Judicial […]

Nigeria, Africa’s biggest economy, has entered its second recession in five years, pulled down by the impact of COVID-19 restrictions.   Official figures published Saturday confirmed what has been expected in the past few months, that the economy contracted again in the third quarter of this year.   The National Bureau of Statistics, in its […]

President Muhammadu Buhari on Friday bemoaned the pervasive nature of  corruption in the government, saying it was present almost everywhere and at many levels of governance.   The President made the declaration while receiving the Report of the Judicial Commission of Inquiry on the Investigation of Ibrahim Magu, Acting Chairman of the Economic and Financial […]

Nigeria, Africa’s biggest oil producer, is set to resume the importation of petroleum products from one of its northern neighbouring countries, Niger Republic. The Ministry of Petroleum Resources said in a statement on Thursday that the two countries signed a Memorandum of Understanding that day for petroleum products transportation and storage. According to the statement, […]

  Cable News Network has said it stands by its report on the shooting of  #EndSARS protesters at the Lekki Tollgate.   CNN was reacting to the threat of sanctions by the Federal Government, which has dismissed the report, labelling it as misinformation.   A statement by its spokesperson read, “our reporting was carefully and […]

The Speaker of the House of Representatives, Femi Gbajabiamila, has suspended his security aide who shot and killed a newspaper vendor in Abuja, he announced early Friday.    In a statement on Friday, the Speaker said he was distraught by the incident, which he only got to know long after it happened.   Gbajabiamila said […]

  The Lagos State Coroner has asked members of the public to come forward to identify persons who were declared missing between October 19 and 27, 2020.   This period covers the days before and after the shooting of #EndSARS protesters at the Lekki tollgate in the state.   This request was made in an […]