The Federal High Court in Abuja on Monday granted bail to the immediate past Attorney-General of the Federation and Minister of Justice, Mohammed Adoke (SAN), on fresh money laundering charges. Justice Binta Nyako also granted bail to the second defendant, Aliyu Abubakar. The judge imposed the same terms and conditions of...
President Muhammadu Buhari on Monday, assured foreign oil companies of high returns on their investments in Nigeria. Buhari gave the assurance at the Nigeria International Petroleum Summit 2020 in Abuja where he was represented by the Secretary to the Government of the Federation, Mr Boss Mustapha. He said, “We are all...
A former lawmaker representing Kaduna Central Senatorial District in the National Assembly, Senator Shehu Sani, has said that some leaders in the country are hiding the painful truth about the worsening state of security in the country from President Muhammadu Buhari. Sani, who was granted bail recently after spending four...
Boko Haram terrorists killed at least 30 people and abducted many women and children in a raid in Borno State, a regional government spokesman said on Monday. The attack Sunday evening targeted the village of Auno on a key highway linking to regional capital Maiduguri. The jihadists stormed in on trucks...
A Federal High Court sitting in Ilorin on Monday granted N200 million bail to former Kwara State Commissioner for Finance, Ademola Banu. The Ilorin Zonal Office of the Economic and Financial Crimes Commission had on January 29 arraigned Banu and one Olarewaju Adeniyi before Justice Babangana Ashigar on a nine-count...
High interest rates, unfavourable economic climate and insufficient power supply have been identified as the major constraints to businesses in the country. The Statistics Department of the Central Bank of Nigeria said these in its ‘January 2020 business expectations survey report’. Part of the report read, “Respondent firms identified insufficient power...
Kwara State Governor AbdulRahman AbdulRazaq has said his administration has raised 50,000 hybrid Cocoa seedlings, which will be distributed to farmers at affordable prices once they mature in 18 months. "This is being done with a view to ensuring the prompt and effective rehabilitation and regeneration of the aged Cocoa...
The House of Representatives has accused some of Nigeria’s neighbours of complicity in the rising cases of insecurity within the country. It also gave a hint of a possible investigation into the activities of some of these nations with regards to allegations that they were sponsoring criminals wreaking havoc across...
The Ogun State Government has expressed willingness to pay N30,500 as minimum wage to workers in the state with retroactive effect from 1st January, 2020. The state government announced that it had reached an agreement with organised labour to begin payment of the new minimum wage. This was contained in a...
The Independent National Electoral Commission, on Thursday, deregistered 74 political parties as preparations for the 2023 general elections gather momentum. With the new decision, Nigeria now has 18 political parties, according to the INEC Chairman, Prof. Mahmood Yakubu, at a press conference in Abuja. The successful parties are Accord Party, Action...