An $875 million Nigerian government lawsuit against U.S. bank JPMorgan is clear to move forward after a London-based appeals court on Tuesday rejected the bank’s bid to have the case dismissed. The bank had asked the court to quash the Nigerian government’s case, arguing that it had no prospect of success. All three justices at […]
Month: October 2019
President Buhari presents 10.33 trillion naira 2020 budget to Lawmakers
Nigerian President Muhammadu Buhari presented a record 10.33 trillion naira ($33.8 billion) budget for 2020 to a joint session of the National Assembly on Tuesday, the first spending plan of his second term after he was re-elected in February. The plan for Africa’s top oil exporter assumes crude production of 2.18 million barrels a day […]
Sex-for-grades: My life under threat says BBC Journalist Kiki Mordi
BBC journalist, Kiki Mordi, has told Sahara Reporters that she had received subtle threats since her widely applauded undercover investigation into sexual harassment of female students by male lecturers at the University of Lagos and the University of Ghana respectively was published. The investigation, which took almost a year, saw Mordi and other undercover female […]
Stakeholders raise concern over poor metering for crude in Nigeria
The Nigeria Extractive Industries Transparency Initiative (NEITI), and other stakeholders in the oil and gas sector, yesterday, in Abuja, insisted that inadequacy in the metering of crude oil production in the country could continue to affect the nation’s revenue. Indeed, without urgent efforts to address the situation, the stakeholders believe the volume of oil stolen […]
Sex for grades: No more ‘cold room experience’ as UNILAG shuts location
Following the revelation in the ‘Sex for Grade’ documentary video released by BBC Africa Eye, the University of Lagos (UNILAG) has shut-down the ‘Cold Room’, where lecturers allegedly sexually assaulted students. The development was announced on Monday by the Principal Assistant Registrar (Communication Unit) of the university, Taiwo Oloyede. The ‘Cold Room’ was mentioned by […]
’94 million Nigerians live below poverty line’
Oxfam International says no fewer than 94,470,535 million people in Nigeria live below extreme poverty line, according to the latest World Poverty Clock. Oxfam International Country Director in Nigeria, Constant Tchona, said this on Monday in Abuja at the organisation’s Programme Quality Review and Planning meeting with the theme “On the Road To Becoming an […]
American arraigned for defrauding Nigerians seeking green card
The Economic and Financial Crimes Commission, on Monday, arraigned an American, Marco Ramirez, before a Lagos State Special Offences Court for allegedly defrauding two Nigerians seeking the United States green card. Ramirez, who had earlier been re-arraigned before Justice Mojisola Dada alongside his companies, U.S.A. Now LLC, Eagle Ford Instalodge Group LP and U.S.A. Now […]
FG urges collaboration to ensure maritime security in Gulf of Guinea
The Federal Government has restated the need for collaboration and partnership to ensure maritime security in the Gulf of Guinea. Mr Rotimi Amaechi, Minister of Transportation, made this assertion at the Global Maritime Security Conference in Abuja on Monday. Amaechi, represented by the Minister of state for Transportation, Sen. Gbemisola Saraki, said striving to maintain […]
Thousands of pregnant pro-Biafra women deliver in prison
The Igbo National Council, INC today claimed that thousands of pregnant pro-Biafra women have delivered in Nigeria prison. INC, in a statement to Vanguard in Owerri, by the National President, Chilos Godsent said it was part of their discovery after a survey INC, carried out. According to Godsent, many of the women delivered and their […]
Xenophobia: Air Peace boss explains why he airlifted Nigerians from South Africa
The Chairman of Air Peace, Allen Onyema, has urged Nigerian youths to explore the opportunities in the country, saying selfless service could open doors of prosperity. Onyema said he decided to airlift stranded Nigerians from South Africa because of his passion and vow to God. He spoke on Sunday at the Trinity House, Victoria Island, […]