NNPC records decline in pipeline vandalisation, improved revenue in December 2016
THE Nigerian National Petroleum Corporation, NNPC, has achieved a remarkable reduction in the cases of pipeline sabotage. This was disclosed in the Corporation’s just-released monthly Financial and Operations Report for…
Nigeria’s debt profile now N17.36 trillion only
The Director-General of the Debt Management Office (DMO), Dr Abraham Nwankwo said Nigeria’s total debt as at December 31, 2016 was 57.39 billion dollars (N17.36 trillion). He made this known…
Why Ekiti State N1bn Budget Support was withheld – FG
The Federal Government on Thursday explained why the N1.1bn Budget Support Facility for Ekiti State for the month of January was withheld. This is contained in a statement issued by…
Reps pick holes in Communication Ministry budget, demand more details
The 2017 budget of N6.97 billion for the Ministry of Communications has been rejected by the House of Representatives Committee on Telecommunications. The rejection followed the ministry’s failure to provide…
Gunmen abduct Catholic priest in Akwa Ibom
A Roman Catholic priest of Ikot Ekpene Diocese, in Akwa Ibom State, Rev. Father Felix Akpan has been abducted by unknown gunmen. Akpan, who is in-charge of St. Michael De…
Boko Haram attacks NAF team in aerial ambush, many insurgents killed
The Nigerian Air Force (NAF) has told of how its helicopter conveying personnel on medical outreach programme at Gwoza came under attack by the Boko Haram insurgents. A statement by…
Ozekhome asks court to defreeze his account
Chief Mike Ozekhome, a Lagos-based lawyer and Rights activist, has asked a Federal High Court in Lagos to vacate an interim order freezing his account. Justice Abdulazeez Anka, had on…
Court orders permanent forfeiture of Dieziani’s $153m
A Federal High Court sitting in Lagos on Thursday ordered the permanent forfeiture the sum of $153m, being amount allegedly diverted from the coffers of the Nigerian National Petroleum Corporation,…
Grumpy Wenger may quit Arsenal this summer
Arsene Wenger’s future as Arsenal manager will be decided at the end of the season, the BBC reported on Thursday without citing sources. There was currently no prospect of Wenger…
Businessman, Bashir Ishaq, docked for obtaining $1m by false pretence
Bashir Ishaq Bashir, alongside his companies, Leda Greenpower Consortium, Leda Greenpower Nigeria Limited and Leda Consortium Limited have been charged before Justice S.E. Aladetoyinbo of the Federal Capital Territory, FCT…