N1.4bn ONSA cash: I acted under Badeh’s instructions, banker witness insists
The trial of a former Chief of Defence Staff, Air Chief Marshal Alex Badeh and Iyalikam Nigeria Limited, continued on Thursday, November 3, 2016 before Justice Okon Abang of the…
Patience Jonathan in dilemma as Court convicts four firms over $15.5m money laundering
A Federal High Court sitting in Lagos and presided over by Justice Babs Kuewumi Wednesday convicted four companies of money laundering totalling $15.5m lodged in their respective Skye Bank accounts….
Nigeria’s made in China war ship arrives Nigeria Friday
NNS UNITY the newest Nigerian Navy Ship built in China continued her homeward voyage with several port calls enroute Nigeria. The ‘man of war’ departed Simon’s Port South Africa and…
Bag of cash offered as bribe in South Africa bribery saga
The most startling allegation in the 355-page report by South Africa’s former anti-corruption chief Thuli Madonsela is testimony from Deputy Finance Minister Mcebisi Jonas that businessman Ajay Gupta offered him…
Deeper Life gets own university as FG approves 8 new private varsities
THE Federal Government yesterday approved eight new private universities in Nigeria to bring the number of private universities in the country from 61 to 69. This followed a memo approved…
Centre condemns alleged sexual assault at IDP camps, commends Buhari
The Centre for Crisis Communication (CCC) has condemned the reported sexual abuses at IDP camps in the north eastern part of the country, saying it is inhuman and callous. In…
Forum seeks to address realistic Nigerian content in oil and gas industry
Engr Simbi Wabote, Executive Secretary of the Nigerian Content Development and Monitoring Board will convene with legislators including, Senator Donald Alasoadura, Chairman – Senate Committee on Petroleum Resources (Upstream) and…
Merck gives back to society, empowers African women cancer survivors
Merck , a leading science and technology company, has announced the kick off of “Merck More than a Patient” which is a new initiative of “Merck Cancer Access Program” in…
DMO justifies FG borrowing of $29.96bn, says it will help revive infrastructure
The Director General of the Debt Management Office (DMO) Dr. Abraham Nwankwo has provided clarifications on and justification for the proposed $29.96 billion foreign loans submitted to the National Assembly…
Facebook shares dip by 7% amid report of year end revenue slump
Facebook Inc shares tumbled 7 percent in after-hours trading on Wednesday as the world’s largest online social media network warned that revenue growth would slow this quarter, offsetting strong earnings…