Friday, May 24, 2019
The National Drug Law Enforcement Agency has said it never advocated the growth of cannabis sativa for medicinal purpose or economic gain, adding that it had destroyed 3,900 hectares of cannabis sativa in Ondo State. The NDLEA Chairman, Col. Muhammad...
The federal government has asked former President Olusegun Obasanjo to withdraw his recent divisive comments, imputing ethno-religious motive to Boko Haram, ISWAP, and as well apologise to Nigerians. In a statement issued in Abuja on Tuesday, the Minister of Information...
By Eric Elezuo Agosto and Co, Credit Rating agency saddled with the responsibility of providing unbiased expert analysis of various industries in the Nigerian Economy as well as gathering information about the market size and potential of an industry, its...
The Governor of the Central Bank of Nigeria, Mr Godwin Emefiele, on Tuesday dismissed claims in some quarters that he had been asked to proceed on terminal leave. There had been speculations on that President Muhammadu Buhari had asked the...
A High Court in London has dismissed a motion filed by U.S. firm, JP Morgan Chase, to halt its prosecution by the Nigerian government. In a ruling on Thursday, the judge, Andrew Burrows, held that the American investment/finance firm “owed...
Electricity generation companies in the country have said they will be forced to shut down their power plants if the challenges facing them are not addressed. The Association of Power Generation Companies, the umbrella body for the Gencos, said on...
Nigerians in the UK have emerged the highest senders of money to their home country with £3.27m being sent in 2017. According to a World Bank report, Nigeria was the top receiver of cash from the UK, followed by India,...
The Federal Government on Saturday declared that it would pay oil marketers N236bn next Friday. It said the payment was the first tranche of the outstanding N348bn subsidy claims that it owed members of the Major Oil Marketers Association of...
The Nigerian Ports Authority (NPA) has denied allegations that it failed to remit N177 billion of its 2017 revenue into the Consolidated Revenue Fund, as required by law. A statement by the NPA said the Senate’s allegation was “without foundation”. The...
The average improvement of Gross Domestic Products (GDP) of African countries have not been translated into sustainable economic opportunities, Mo Ibrahim Foundation says. News Agency of Nigeria (NAN) reports that the 2018 Ibrahim Index of African Governance (IIAG) was launched...

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