News

Oando opens rights issue at N22

Monday, November 24, 2014
Oando Plc has commenced a rights issue on the basis of one new share for every four ordinary shares held as of July 25, 2014. The Nigerian Stock Exchange confirmed in its weekly report that the energy giant, which is listed on the Exchange and the Johannesburg Stock Exchange, had notified it of the rights issue. According to the Exchange, ... Read more

Existing audit law can't fight corruption -AGF

Monday, November 24, 2014
The Auditor General for the Federation, Mr. Samuel Ukura, has said that the existing audit law in the country is defective and cannot effectively support the fight against corruption. Ukura, who stated this in a statement from his office issued on Sunday by the Head, Press and Public Relations Unit, Mrs Florence Dibiaezue-Eke, called on Nigeri ... Read more

CBN to review e-payment guidelines

Monday, November 24, 2014
The Central Bank of Nigeria says it will soon commence a comprehensive review of the nations electronic payment guidelines. The Deputy Governor, Operations Directorate, Central Bank of Nigeria, Alhaji Suleiman Barau, said this at the 2014 annual retreat of the Committee of e-Banking Industry Heads held in Abuja on Friday. In a keynote ad ... Read more

Police rescue kidnapped 55-yr-old oil mogul

Monday, November 24, 2014
A 55-year-old oil mogul, Alhaji Hammed Fashola, who was kidnapped penultimate Thursday by a gang of kidnappers at Egbeda area of Lagos State has been rescued by the police in Lagos. It was gathered yesterday that the victim, who is said to be a chieftain of Nigeria Union of Petroleum and Natural Gas Workers, NUPENG, was abducted at the entranc ... Read more

Jonathan commends universities for judicious use of funds

Monday, November 24, 2014
President Goodluck Jonathan has said that federal and state universities across the country have experienced improved infrastructure since his administration to power through the Needs Assessment Fund and other intervention funds like the Tertiary Education Trust Fund TETFUND. Jonathan, who stated this in Benin City, Edo State, at the week ... Read more

FG prohibits use of phones by prisoners, officials

Monday, November 24, 2014
The Federal Government has given a matching order to the Nigerian Prison Service authorities to recover all handsets from inmates within 30 days, as it has banned the use of mobile phones in all the prison formations by inmates and prison officials.. The Minister of Interior, Abba Moro, handed down the order on Saturday in Abuja during an inte ... Read more

How Dickson ran into trouble with Presidency

Monday, November 24, 2014
Strong indications have emerged that political leaders and elders of Bayelsa state have resolved to intervene in the seeming breakdown in the relationship between the state governor, Seriake Dickson and the family of the president. Although both parties have maintained that all is well in spite of obvious strain in their relationship even as s ... Read more

IGP warns youths against cultism

Monday, November 24, 2014
The Inspector-General of Police, Mr Suleiman Abba, on Sunday in Abuja expressed worry over recent reports from some states on the involvement of youths in cult activities and thuggery. A statement issued by the force spokesman, ACP Emmanuel Ojukwu, said Abba expressed concern that the involvement of youths in such activities had left to the de ... Read more

President Jonathan supervises a corrupt govt, says Amaechi

Monday, November 24, 2014
Governor Rotimi Amaechi of Rivers State has said President Goodluck Jonathan is supervising a highly corrupt government. He also claimed that there is no democracy yet in Nigeria. The governor, who spoke in Abuja on Saturday, insisted that he had no personal quarrel with President Jonathan, adding that if governance could be separated ... Read more

Jonathan replies Obasanjo, Says I'm Nigeria's best leader since 1960

Monday, November 24, 2014
President Goodluck Jonathan has described himself as the best leader to be produced by Nigeria since her independence in 1960. Jonathan said this in a statement by his Special Assistant on Public Affairs, Dr. Doyin Okupe, in Abuja on Sunday, adding that the comment credited to a former President, Chef Olusegun Obasanjo, in which the ex-Preside ... Read more

Be Agents of Transformation, First Lady Charge Nights of the Anglican Communion

Sunday, November 23, 2014
The First Lady of the Federal Republic of Nigeria, Dame Dr. Patience Jonathan, has charged Knights of the Church of Nigeria, Anglican Communion, to act as agents of transformation by ministering to the faithful so that the transformation programmes of the government will permeate all parts of the country. Dame Jonathan made the call yesterday in an ... Read more

2014 FA Cup Final: Gov Orji congratulates Enyimba for defeating Dolphins 2-1

Sunday, November 23, 2014
Governor of Abia State, Chief Theodore Orji, has congratulated Enyimba Football Club of Aba for defeating Dolphins FC of Port Harcourt 2-1 in this year8217;s Federation Cup final played at the Teslim Balogun Stadium, Lagos.In a statement by his Chief Press Secretary, Mr. Charles Ajunwa, Governor Orji who thanked the Aba-based team for winning t ... Read more

Pitfalls to avoid in 2015 elections – Maurice Iwu

Sunday, November 23, 2014
A former Chairman of the Independent National Electoral Commission, Prof. Maurice Iwu, has listed pitfalls that must be avoided for the 2015 elections to be successful. Iwu, according to a statement on Sunday by RealNews magazine, spoke at the second anniversary lecture of the online news magazine in Lagos. Iwu, who was the Guest Lecturer ... Read more

Revealed: The Nigerians Aboard Pastor Oritsejafor's Jet That Smuggled $9.3 million To South Africa

Sunday, November 23, 2014
A private jet owned by President of the Christian Association of Nigeria, Pastor Ayo Oritsejafor that conveyed 9.3 million cash from Nigeria to South Africa for an arms deal between the two countries, had Nigerian crew members, and passengers from Israel and Austria, new documents obtained by PREMIUM TIMES in Johannesburg have shown.There were ... Read more

FG to link state capitals with rail system, says Jonathan

Sunday, November 23, 2014
President Goodluck Jonathan said all state capitalswould be linked with rail transportation to boost the nations economy. Jonathan stated this in London at the 17th meeting of the Honorary International Investment Council HIIC with the theme: Rail Transportation. He said that with such nationwide rail coverage, roads and highways wo ... Read more
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Saturday, November 22, 2014

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No individual or group can hold nat

Thursday, November 20, 2014

President Goodluck Jonathan has declared that ‎no individual or group can hold ...
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We’ve no plans to dump PDP -

Thursday, November 20, 2014

The 17 Local Government Area Chairmen in Enugu State under the aegis of the Asso ...
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Revealed: How Doctor’s neglig

Wednesday, November 19, 2014

Former Governor of old Anambra State, Senator Jim Nwobodo has disclosed that  hi ...
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Nigeria winning Boko Haram war, say

Friday, November 21, 2014

President Goodluck Jonathan on Friday said contrary to media reports, the Federa ...
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