News Archives

Jonathan Doled Out N100bn, $295m Cash In Two Weeks – Osinbajo

Oct 28, 2017 topnews

Vice-President Yemi Osinbajo has said that the massive looting of the nation’s resources by the immediate past administration of President Goodluck Jonathan is responsible for the economic crunch the country suffers from under the present administration. Speaking yesterday in Lagos at a ‘Greater Nigeria Pastors Conference’ organised by Rev. Yomi Kasali’s-led Berean Ministers Group, Osinbajo said the Nigerian system is deeply infested with corruption, adding that graft should be pointedly tackled at all levels of institution. According to him, the Muhammadu Buhari-led administration decided to borrow to fund the budget…

FG To Increase Power Generation To 20,000 MW – Minister

Oct 28, 2017 topnews

The Federal Government said on Friday that its plan to generate 20, 000 megawatts of electricity over the next four years was on course. The Minister of State for Power, Alhaji Mustapha Shehuri, gave the assurance in Funtua, Katsina State when he inaugurated a 132/33 KV transformer that would boost power supply to local governments in Katsina South by 200 percent. He said that the government was replacing faulty transformers nationwide and installing new ones in order to ensure steady power supply to Nigerians. Shehuri said that ongoing transmission rehabilitation…

“My Life In Danger” …Ogun Ex-Speaker, Egbetokun

Oct 26, 2017Oct 27, 2017 topnews

Former Speaker of Ogun State House of Assembly, Rt. Hon. Tunji Egbetokun has raised the alarm over threat to his life and that of his family from perceived political opponents, whom he claimed were not in support of his political clout and principles. Egbetokun, a former Chieftain of Peoples Democratic Party (PDP), who served as Speaker during the administration of former Governor Gbenga Daniel, joined Action Congress of Nigeria (ACN) now All Progressives Congress (APC), just before the 2011 general elections. While speaking with journalists in Abeokuta on Wednesday, he…

Nigerian Passport Ranked Among Countries With Least Powerful Passports

Oct 26, 2017Oct 26, 2017 topnews

The Passport Index , done by Canada -based global consultancy Arton Capital , showed Nigerians can travel to 44 countries either without a visa at all or can have one issued on arrival . According to the Index, Djibouti and Congo with visa -free to 45 countries ; Algeria ( 46 ); Liberia , Angola , Equatorial Guinea , and Burundi and Cameroon ( 47 ) are African countries with a stronger passport than Nigeria . Others are Central Africa Republic ( 48 ); Guinea – Bissau, Chad , Egypt…

Boko Haram’s Leader, Shekau’s Wife Killed In Airstrike By The Air Force In Borno

Oct 26, 2017 topnews

The Nigerian Air Force (NAF) says wife of the leader of the Boko Haram terrorist group, Abubakar Shekau, Mallama Fitdasi, may have been killed during air strikes on Duruwa village. Doruwa, is located on the outskirts of URGA, near Konduga, in Borno State. The Air Force also said that the wife of the dreaded terrorists leader, was said to be representing her husband at a meeting with other terrorists members, at the location, when the fighter jets struck. Director, public relations and information of the Air Force, Air Commodore Olatokumbo…

Family insist Maina was invited by government to serve

Oct 26, 2017 topnews

Abdulrasheed Maina, former Chairman of the Presidential Committee on Pension Reforms, threatened yesterday to open a can of worms and implicate what he called a cabal in the government of President Muhammadu Buhari. Disclosing Maina’s position in a statement, his family said that he was invited to join the Buhari government. “It is on record that Abdulrasheed Maina ‘s reform put a stop to fraudulent withdrawal of huge sums from both the Nigerian Pension Board and the Nigerian Police Pension Board. Perhaps it is his noble effort that made him…

Prisoners Will Vote In 2019 Says INEC Boss, Prof. Mahmood Yakubu

Oct 25, 2017Oct 25, 2017 topnews

The Independent National Electoral Commission says it is making arrangements with the Nigeria Prisons Service to ensure that prisoners are allowed to vote in the 2019 general elections. The Chairman of INEC, Prof. Mahmood Yakubu, said this in Abuja on Tuesday at a dialogue session with the Nigeria Civil Society Situation Room Dialogue – a coalition of over 70 civil society organisations in Nigeria. The development comes three years after a Federal High Court in Benin, Edo State, ruled that prisoners in Nigeria have the right to vote in all…

Banire, Izamoje, Others At Azuh Arinze’s Investiture As President, Rotary Club of Ikeja South

Oct 25, 2017Oct 25, 2017 topnews

The investiture ceremony of Rotarian Azuh Arinze, KSM, as the 31st President of Rotary Club of Ikeja South, on Sunday, 22nd of October, 2017, held inside the newly renovated Niteshift Coliseum, on Salvation Road, Ikeja, Lagos State. The event attracted dignitaries from all walks of life. The occasion was chaired by Dr. Muiz Banire, a Senior Advocate of Nigeria (SAN) and National Legal Adviser, All Progressives Congress (APC), while the guest speaker was Brila FM founder, Dr. Larry Izamoje. The special guests of honour included Otunba Dayo Adeneye, Ogun State…

Crown Prince Promises To Lead His Country ‘back To Moderate Islam’

Oct 25, 2017 topnews

Saudi Arabia’s ambitious young crown prince has said he will lead his country back to “moderate Islam” as he announced plans for a vast new £380 million economic development zone. Prince Mohammed bin Salman told investors gathered in Riyadh that his economic modernisation plans would go hand-in-hand with with political reforms to guide the conservative kingdom away from severe Wahhabi Islam. “We are returning to what we were before – a country of moderate Islam that is open to all religions and to the world,” the 32-year-old prince said. “We…

Johannesburg Stock Exchange Suspends Trading On Oando Shares

Oct 25, 2017 topnews

The Johannesburg Stock Exchange (JSE) has suspended trading in shares belonging to Oando Plc following an exchange of correspondence between it and the Nigerian Stock Exchange (the primary Exchange on which Oando is listed). The suspension came after an order by Nigeria’s Securities and Exchange Commission, SEC, prompted the Nigerian Stock Exchange, NSE, to suspend the embattled company on Wednesday till the regulator concluded investigations on the company. According to a statement issued by JSE’s on Thursday, Oando’s listing was suspended following the review of subsequent correspondence received on October…