Amid the COVID-19 pandemic ravaging the world, the Federal Government says more Nigerians stranded in France and other European countries are being evacuated to the country. This was disclosed on Sunday by the Chairman of the Nigerians in Diaspora Commission (NIDCOM), Abike Dabiri-Erewa via Twitter. Dabiri-Erewa explained that the citizens, who have departed Citizen Paris […]
The legal team of the suspended Acting Chairman of the Economic and Financial Crimes Commission (EFCC), Ibrahim Magu has been responding to some of the allegations against him especially those bothering on the alleged diversion of funds recovered by the Commission. Mr Magu’s lawyer, Wahab Shittu in a statement to Channels Television said the EFCC […]
Anthony Joshua is comfortable with the newly-announced fight between Mike Tyson and Roy Jones Jr but has warned Iron Mike not to get any ideas about taking on the current kings of the heavyweight division. Tyson, 54, and 51-year-old Jones Jr are set to meet in an eight-round exhibition match on September 12, with the […]
Nigeria Labour Congress (NLC) has described the decision of the Federal Government to impose a six per cent stamp duty on every tenancy and lease agreement in the country, as a harsh fiscal policy that is insensitive to the plights of citizens. In a statement issued on Saturday, the NLC President, Mr Ayuba Waba, rejected […]
Net operational income, mainly comprising income from lending and investments, remained strong for FY 2020 and is expected to remain so in FY2021–2022. Robust income from lending reflects the ongoing elevated use of Fund credit that is expected to remain high, reflecting the Fund’s support to members to help address the COVID-19 pandemic. An unrealized […]
By Foster Obi Emirates SkyCargo is helping commerce and industry get back on track as it reconnects cities to international trade. As manufacturing and other economic activities gradually return, Emirates SkyCargo is poised to continue to provide this essential connection. Between April and June 2020, Emirates SkyCargo facilitated the movement of essential commodities and other […]
MTN Nigeria expects its profit margin to dip by almost half a percentage point this year as its leased tower services feel the impact of weaker currency exchange rates, it said on Thursday. The dollar conversion rate used by the Nigerian unit of South African telecoms group MTN weakened by 6.5% to 385 naira, it […]
The Speaker of the House of Representatives, Rep. Femi Gbajabimila has directed the Clerk of the House to engage the services of a legal counsel to file a suit of perjury against the Minister of Niger Delta Affairs, Sen. Godswill Akpabio. The speaker made the announcement at the plenary on Thursday while reacting to the […]
The Minister of Niger Delta Affairs, Sen. Godswill Akpabio, on Thursday, insisted that the two chairmen of the committee probing the Niger Delta Development Commission (NDDC), know the lawmakers who received most of the contracts given out by the commission. This claim was embedded in a letter written by Akpabio, sent to the Green Chambers, […]
The Senate ad hoc committee investigating financial recklessness in the Niger Delta Development Commission (NDDC) on Thursday said the agency had spent N1.3 trillion within four years, with some of the spending unlawful. The committee revealed the figure during the presentation of its investigative report before the Senate days after the acting NDDC Managing Director, […]