Businessman sues AGF, EFCC for unlawful detention, seeks N250m compensation
The Economic and Financial Crimes Commission (EFCC) and the Attorney General of the Federation (AGF) have been dragged before an Abuja High Court over an alleged unlawful detention of a…
Samsung shares slump on arrest of Group chief over corruption
Samsung Group chief Jay Y. Lee was arrested on Friday over his alleged role in a corruption scandal rocking the highest levels of power in South Korea, dealing a fresh…
PDP gets messier as Court sacks Makarfi, affirms Sheriff as PDP National Chairman
The leadership crisis in the Peoples Democratic Party, PDP, has deepened as the Federal High Court in Abuja, sacked the Senator Ahmed Makarfi-led Caretaker Committee of the party. The court,…
Erdogan declares war on Turkey citizens resident in Nigeria
The government of Recep Tayyip Erdogan of Turkey has declared war and persona non grata on Turkish citizens residing and doing business in Nigeria, Political Economist can authoritatively reveal. Some…
Nine suicide bombers perish in 24 hours in fresh Maiduguri attacks
Nine bombers died in Maiduguri between Thursday night and early Friday, in what would qualify as the boldest plan by Boko Haram to cause maximum damage in the Borno capital….
Innjoo partners TD to unveil world’s slimmest laptop
In what appears a marriage of excellence, globally renowned mobile devices manufacturer, InnJoo Mobile is set to partner Sub-Saharan Africa’s biggest ICT distributor, Technology Distributions Ltd. (TD) on the launch…
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…
