Imo Assembly passes N332.8bn 2021 appropriation bill; Gov’s office gets N11bn
The Imo State House of Assembly on Monday passed the state Appropriation Bill of N332.831 billion for the 2021 fiscal year. This excludes the Consolidated Revenue Fund Charge of N13.3…
Another journalist shot dead by unknown gunmen, the fifth in two months
Gunmen shot dead a journalist in the south-eastern Afghan province of Ghazni, officials said on Monday. Rahmatullah Nikzad, was shot dead near his home in Ghazni city at 5p.m. (1230…
Alleged N2bn fraud: Maina has a case to answer as judge forecloses no-case submission
A Federal High Court on Monday foreclosed Abdulrasheed Maina, former Chairman, defunct Pension Reformed Task Team (PRTT)’s right to file a no-case submission. Justice Okon Abang of the Federal High…
Reps to investigate alleged award of N19.2bn railway contract to non-existent company
The House of Representatives is set to investigate the N19.2 billion railway rehabilitation contract awarded to Eser Contracting Industry Company Incorporated in March 2011. The resolution followed the unanimous adoption…
Alleged Money Laundering: Court sets Atiku’s son-in-law, Abdullahi Babalele free
A Federal High Court sitting in Lagos has freed Abdullahi Babalele, a son-in-law to former Vice President, Atiku Abubakar on a two-count allegation of alleged money laundering of $140,000. Justice…
Military airstrike kills scores of BHT, destroys gun trucks in Borno
The Defence Headquarters says the Air Task Force (ATF) of Operation Lafiya Dole has killed scores of Boko Haram terrorists and destroyed their gun trucks in air strikes at Ajiri…
Abandoned Nigerian ‘witch baby’ now a shining star: The story of Hope
A boy abandoned by his parents on the streets of Eket in Akwa Ibom state because they thought he was a witch has undergone a remarkable transformation. Disturbing images taken…
Senate Passes N13.5trn 2021 Budget
The National Assembly has passed the 2021 budget raising the proposed estimate of N13.082 trillion to N13.588 trillion. This is an increase of a N506 billion proposed by the executive….
AfCFTA, opportunity to increase intra-African trade by over 50%, add $76bn in income to the rest of the world – Report
The African Continental Free Trade Area (AfCFTA), due to launch in January 2021, is likely to be a watershed for African regional and international agri-food trade, a new report said….
NDIC Commences Closure of 42 Microfinance Banks After CBN’s Directive
The Nigeria Deposit Insurance Corporation (NDIC) has commenced the closure of 42 microfinance banks after a directive from the Central Bank of Nigeria (CBN). The NDIC had earlier on Friday…