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SAMSUNG HEIR SENTENCED TO PRISON FOR BRIBERY AND EMBEZZLEMENT

Samsung de facto chief Lee Jae-yong has been sentenced to prison for bribery and embezzlement casting the future of leadership at the tech company in doubt.

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NIGERIA, AFRICA TO GET COVID-19 VACCINES BY JANUARY-NGOZI OKONJO-IWEALA

Nigeria and other African countries would get access to COVID-19 vaccines from January through to the first quarter of 2021- Ngozi Okonjo-Iweala.

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NIGERIA TO OPEN LAND BORDERS SOON

President Muhammadu Buhari has indicated he would reopen Nigeria’s land borders "as soon as possible."

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LAGOS-IBADAN TRAIN TICKETS TO COST N3000-6000

Lagos-Ibadan train tickets to cost N3,000-6,000

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ARIK AIR SACKS 300 WORKERS

The management of Arik Air has sacked 300 members of staff of the airline.

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VEHICLE OWNERS TO PAY N250,000 FOR FUEL-GAS CONVERSION

The federal government on Wednesday said car owners will have to pay up to N250,000 to have their vehicles converted to run on gas.

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NAIRA CRASHES TO NEW RECORD LOW OF N495/$ AT BLACK MARKET

The exchange rate of the Naira at the parallel market fell to a new record low closing at N495/$1 on Thursday, November 26.

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NDOKWA YOUTHS SHUTDOWN OIL PIPELINE IN UKWUANI, DELTA STATE

Ndokwa youths shutdown oil pipeline in Ukwani, Delta State.

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CBN RETAINS KEY LENDING RATES AT 11.5% TO BOAST ECONOMIC GROWTH

The Central Bank of Nigeria (CBN) has retained key lending rates at 11.5%.

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NIGERIA AVIATION ACQUIRES TRAINING AIRCRAFT

As part of its plan to ensure a proficient aviation sector, Nigeria has acquired three training aircraft.

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NIGERIA OFFICIALLY SLIDES INTO WORST ECONOMIC RECESSION SINCE 1987

Reports indicate that Nigeria has officially gone into its worst economic recession since 1987.

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MONEY LAUNDERING: COURT ORDERS THE ARREST OF EX PENSION BOSS MAINA FOR FAILURE TO APPEAR FOR TRIAL

Money Laundering: Court orders the arrest of ex pension boss Maina for failure to appear for trial.

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THE PLAZA WAS BUILT ON A PARKING LOT- FCTA RESPONDS TO VIDEO SHOWING AUTHORITIES DEMOLISHING A SH...

The Plaza was built on a parking lot- FCTA responds to the video showing authorities demolishing a building in Abuja.

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NIGERIA’S INFLATION HITS 14.2 IN OCTOBER- NBS

Data recently released by the Nigeria Bureau of Statistics says Nigeria’s inflation rose to 14.2 percent in October

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NEWS OF TAX LEVY ON BREAD IS AN EMBARRASSMENT- KOGI GOVERNMENT

The Kogi State Government has described the news that it has imposed a tax levy on individual loaves of bread produced in the state as an embarrassment.

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BIRD FLU: GHANA BANS IMPORTATION OF ALL POULTRY PRODUCTS FROM THE NETHERLANDS, GERMANY, RUSSIA, D...

Ghana bans importation of all poultry products from Europe to curb the spread of Bird Flu

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BIRD FLU: FG BANS IMPORTATION OF ALL POULTRY PRODUCTS FROM THE NETHERLANDS, GERMANY, RUSSIA, DENM...

FG bans importation of all poultry products from Europe to curb the transmission of Bird Flu into the country

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EMIRATES AIRLINE RECORDS FIRST LOSS IN 30 YEARS

Emirates Airline on Thursday, November 12 stated it lost $ 3.4 billion in six months, its first in three decades.

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BOLA TINUBU BACKS GOVERNOR SANWO-OLU’S MOVE TO STOP PENSION FOR EX-LAGOS GOVERNORS, DEPUTIES

Bola Ahmed Tinubu has endorsed Governor Babajide Sanwo-Olu’s move to stop paying pension to ex-Lagos Governors and their deputies.

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NIGERIA IS RIGGED IN FAVOUR OF WELL-CONNECTED PERSONS- ATEDO PETERSIDE REACTS TO DANGOTE CEMENT'S...

NIGERIA IS RIGGED IN FAVOUR OF WELL-CONNECTED PERSONS- ATEDO PETERSIDE REACTS TO DANGOTE CEMENT'S EXCLUSIVE PASS DESPITE CLOSED BORDER

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LAGOS ORDERS OWNERS OF ILLEGAL STRUCTURES AND CONTAINERISED SHOPS AROUND FAGBA/OKO-OBA ENVIRONS T...

Lagos orders owners/occupiers of illegal structures and containerised shops around Fagba/Oko-Oba environs to vacate within 7 days.

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IPPIS: FUEL SCARCITY IMMINENT AS PENGASSAN EMBARK ON INDEFINITE STRIKE

IPPIS: Fuel scarcity imminent as PENGASSAN embark on indefinite strike.

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PRESIDENT BUHARI PRESENTS 2021 BUDGET OF N13 TRILLION TO THE NATIONAL ASSEMBLY

President Muhammadu Buhari has presented the proposed 2021 Budget of N13 trillion to the National Assembly.

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COVID-19 PANDEMIC HAS PUSHED 115 MILLION PEOPLE INTO ABJECT POVERTY – WORLD BANK

The World Bank has said the Coronavirus Pandemic has pushed about 115 million people into abject poverty.

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NERC SUSPENDS ELECTRICITY TARIFF HIKE

The Nigerian Electricity Regulatory Commission @NERCNG has temporarily suspended the hike in electricity tariff.

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DRAMA AS REPS WITHDRAW WATER BILL AMID CRITICISMS

Members of the House of Representatives has withdrawn the National Water Resources Bill it had earlier passed following heavy criticisms.

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SADIYA UMAR FAROUQ DENIES ALLEGATION OF N2.67Bn SCHOOL FEEDING FRAUD

Sadiya Umar Farouq has denied the allegation of N2.67bn school feeding fraud linked to her Ministry.

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CAMA ACT WILL HELP US FIGHT CORRUPTION-BUHARI

President Muhammadu Buhari has said the Companies and Allied Matters Act, 2020 (CAMA) would help Nigeria in its fight against corruption

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FG APPROVES $1.9Bn RAIL LINE LINKING NIGERIA TO NIGER

The Federal Government on Wednesday, September 23, 2020, approved $1.9bn for the construction of a railway line that will link Nigeria to Niger Republic.

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FINCEN FILES: GLOBAL BANKS MOVED ILLICIT MONIES FOR TERRORISTS AND CRIMINALS, LEAKED DOCUMENTS RE...

FinCEN files: Global banks moved illicit monies for terrorists and criminals, leaked documents reveal

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N75 BILLION SURVIVAL FUND: FG RELEASES SCHEDULE FOR REGISTRATION AS PORTAL OPENS ON MONDAY

As the portal for the registration of prospective beneficiaries of the N75 billion Survival Fund opens today, the Federal Government has released the schedule for categories of businesses to register.

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FACEBOOK TO OPEN AN OFFICE IN LAGOS, NIGERIA

Social media giant Facebook says it would open an office in Lagos, Nigeria in the year 2021

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INCOME TAX: FEDERAL GOVERNMENT MAKES U-TURN, SAYS SELF-CERTIFICATION FORM IS NOT FOR EVERYBODY

Federal Government @NigeriaGov says self-certification form is not for everyone, apologises for the error.

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INCOME TAX: NIGERIANS REACTS TO FEDERAL GOVERNMENT’S ORDER TO FILL SELF-CERTIFICATION FORMS

The Nigerian government is facing heavy criticisms following a statement put out on Thursday, ordering Nigerians to obtain and fill self-certification forms.

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OBTAIN AND SUBMIT SELF-CERTIFICATION FORMS TO FINANCIAL INSTITUTIONS OR LOSE YOUR ACCOUNTS- FG

FG mandates citizens to fill and submit Self-Certification forms to their respective financial institutions.

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PETROLEUM TANKER DRIVERS EMBARK ON STRIKE

Petroleum Tanker Drivers transporting PMS from Lagos to the Northern part of the country has embarked on strike.

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A LANDLORD'S OUTSTANDING ELECTRICITY BILL CAN NOT BE ENFORCED ON A TENANT-NERC

The Nigerian Electricity Regulatory Commission NERC has said that a tenant can not be forced to pay his landlord's outstanding electricity bill.

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YOSHIHIDE SUGA ELECTED JAPAN’S 99TH PRIME MINISTER

Yoshihide Suga has been elected as Japan's 99th Prime Minister.

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JOHESU: FG DECLARES HEALTH WORKERS STRIKE ILLEGAL, UNNECESSARY

The Federal government has described the strike action embarked upon by the Joint Health Sector Unions and Assembly of Health Care Professionals, JOHESU as unnecessary, ill-timed and illegal.

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PRESIDENCY REFUTES CLAIM THAT THE PRICE OF FOOD ITEMS IN NIGERIA IS ON THE INCREASE

The Presidency has refuted claims that the price of food items across the nation is on the increase.

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WE HAVE BEEN ABLE TO PREVENT FOOD CRISIS AMID COVID-19 PANDEMIC – PRESIDENT BUHARI

President Buhari, on Thursday, September 10th, 2020, said his administration has been able to prevent a food crisis amid the COVID-19 pandemic.

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CLICKS REMOVE TRESEMME PRODUCTS OVER RACIST ADVERT

Following protests in South Africa over a racist advert, Clicks stores have said it will remove all TRESemmé products from its shelves across the country.

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NESG COMMENDS FG ON PETROL PRICE DEREGULATION, ELECTRICITY TARIFFS

The Nigerian Economic Summit Group (NESG) has commended the Federal Government on its bold move to deregulate the petroleum pump price and electricity tariffs.

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I AM A PATRIOTIC NIGERIAN- OLASUPO SHASHORE, COUNSEL ACCUSED OF COLLUDING WITH P&ID BREAKS SILENCE

Olasupo Shasore, the lawyer who represented Nigeria at the first and second stages of the arbitration proceeding with P&ID, has denied fraudulently working against Nigeria's interest.

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SABOTAGE: NIGERIA’S COUNSEL OLASUPO SHASHORE COLLUDED WITH P&ID FOR HIS COUNTRY TO LOSE

Nigeria is fighting to upturn an arbitration judgement that has accumulated to a $10 billion fine in favour of Process & Industrial Developments (P&ID) fraudulently assisted by its lead counsel Ola...

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BREAKING: UK COURT GRANTS NIGERIA RELIEF FROM $10 BILLION P&ID FINE

The Business and Property Courts of England and Wales on Thursday granted Nigeria’s application for an extension of time and relief from a $10 billion sanction by the Process & Industrial Developme...

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LAGOS, ABUJA AIRPORTS TO RESUME INTERNATIONAL FLIGHTS ON SEPTEMBER 5- NCAA

Lagos, Abuja airports to resume international flights on Saturday- NCAA

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BUHARI RELEASES 30,000 TONS OF MAIZE FROM NATIONAL RESERVES TO FIGHT FOOD COST HIKE

To fight the sharp rise in food prices in the country, President Muhammadu Buhari has approved the release 30,000 tons of grains from the national reserve to animal feed producers.

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SELL PETROL AT N162 PER LITRE- IPMAN ORDERS SOUTHWEST MARKETERS

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has ordered its members in the Southwest region to sell petrol at N162 per litre

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CBN ORDERS BANKS TO PAY A MINIMUM OF 10% MPR AS INTEREST ON SAVINGS DEPOSIT

The Central Bank of Nigeria has directed all banks to pay at least 10% of its Monetary Policy Rate on savings deposits.

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