SEC floats N5bn investors’ protection fund
The Securities and Exchange Commission (SEC) says it has instituted a N5 billion investors’ protection fund to compensate investors in line with the Capital Market Master Plan. The Director-General, SEC,…
BVN muddle delays payment of N-Power stipends
The National Orientation Agency (NOA), said on Monday that wrong Bank Verification Numbers [BVN] and account numbers provided by beneficiaries of the N-power job was responsible for delay in payment…
Reps query BoI chief over N500bn power-airline intervention fund
The House of Representatives on Monday queried the Acting Managing Director of the Bank of Industry (BOI), Mr Waheed Olagunju, over the N500 billion power and airline intervention fund (PAIF)….
Femi Kuti, in Maiduguri, urges stars, fans to focus on Boko Haram victims
Nigerian musician Femi Kuti on Monday urged his fellow celebrities and their fans to take to social media and pressure the government to do more to help millions of people…
FG pays Chinese firm N72bn for Lagos-Ibadan railway project, Amaechi urges NASS to approve $30bn loan
President Muhammadu Buhari led Federal Government has released N72 billion counterpart funding for the construction of Lagos-Ibadan modernisation railway project. The Minister of Transportation, Mr Rotimi Amaechi made this known…
Danbatta to deliver UNN’s 46th convocation lecture
The Executive Vice Chairman of the Nigerian Communications Commission (NCC), Prof Umar Garba Danbatta, will on Thursday January 26, 2017, join the league of eminent Nigerians who deliver the Convocation…
16-year-old boy rejects £5m offered for his website, says ‘I will make more money’
A British schoolboy was offered £5million by American investors for a money-saving website he created in his bedroom at his parents’ house – but rejected it in the hope of…
Libel case is between Lt. Gen. Buratai and Premium Times, not Nigerian Army- Spokesman
The Nigerian Army has clarified that it has no case against Premium Times but insists there is a subsisting case of libel between the person of Lieutenant General TY Buratai…
Trump’s protectionist speech sends dollar crashing on first business day
European stocks and bond yields dropped on Monday and the dollar hit a six-week low after U.S. President Donald Trump began his term in office with a protectionist speech that…
Jammeh allegedly stole $11m, luxury cars in two weeks
The Gambia’s ex-ruler, Yahya Jammeh, plundered the state coffers in his final weeks in power, stealing millions of dollars and shipping out luxury vehicles by cargo plane, according to an…