Army authorities on Friday, confirmed the killing of a Colonel, a Captain and three soldiers by Boko Haram insurgents in Borno. The Deputy Director, Public Relations, Operation LAFIYA DOLE, Col. Isa Ado, gave the confirmation in a statement in Abuja. He said that the incident occurred on Wednesday in Jakana …
Read More »Osun monarch advocates death penalty for kidnappers
The Oluwo of Iwo land, Oba Abdulrasheed Akanbi, has called for death penalty for kidnappers in the state to help put an end to kidnapping. Akanbi made the call during a courtesy visit by the traditional rulers of Iwo land to Gov. Gboyega Oyetola in Osogbo on Thursday. The traditional …
Read More »FG spent N610.2bn servicing N13tn domestic debts for three months
Within a three- month period, covering January to March this year, the Federal Government spent the sum of N610.2bn paying interest on its domestic debts. The amount is contained in a report on the nation’s debt which was obtained from the National Bureau of Statistics on Wednesday. Nigeria’s domestic debt, …
Read More »Muhammad get senate confirmation as Chief Justice of Nigeria
President Muhammadu Buhari had on Thursday requested Muhammad’s confirmation. His request was sequel to the recommendation of the National Judicial Council (NJC) to make Justice Muhammad the substantive Chief Justice of Nigeria. Muhammad was first appointed in January after the president controversially suspended Chief Justice Walter Onnoghen, who was accused …
Read More »Senate calls for National Security Summit
The Senate on Tuesday called for immediate convocation of a National Security Summit to address insecurity in the country. This followed a point of order raised by Sen. Ayo Akinyelure (APC-Ondo), over the killing of Mrs Funke Olakunrin. The News Agency of Nigeria, reports that Olakunrin, daughter of Pa Reuben …
Read More »OAU to exit national grid by October, VC says
The Vice-Chancellor of Obafemi Awolowo University (OAU), Ile-Ife, Osun State, Prof. Eyitope Ogunbodede, has said the institution will complete its power generating plant in October and generate its own 24-hour electricity. Ogunbodede made this known yesterday at the biennial conference of the African Institute for Science Policy and Innovation held …
Read More »India Offers Nigeria $100m Loan for Rural Internet
Nigeria’s aspiration for universal internet coverage has received a boost with the materialisation of a $100 million loan from the Government of India. The facility arranged by the EXIM Bank of India is the result of a close collaboration between the India High Commission in Nigeria and the Federal Ministry …
Read More »Full text of Obasanjo Open Letter to President Buhari
Obasanjo writes PMB open letter Dear President and General Buhari, OPEN LETTER TO PRESIDENT, GENERAL MUHAMMADU BUHARI I am constrained to write to you this open letter. I decided to make it an open letter because the issue is very weighty and must be greatly worrisome to all concerned Nigerians …
Read More »Minimum wage: TUC warns of imminent strike
The newly elected President of the Trade Union Congress, Quadri Olaleye, on Sunday said the union would issue an ultimatum for an industrial action if the Federal Government continued to delay the implementation of new N30, 000 minimum wage. In an interview with newsmen, Olaleye said that TUC had begun …
Read More »Stock market investors lose N366bn in three days
Equity investors in the Nigerian Stock Exchange lost a total of N366bn in the last three consecutive trading days. Last week, investors and other stakeholders welcomed the listing of Airtel Africa Plc’s shares on the NSE. The listing, which took place on Tuesday, added N1.36tn to the total market capitalisation …
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