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Climate Change Depleting Soil Nutrients – Expert

Mr David Emmanuel, an expert in agriculture and environment, has warned that climate change is depleting the soil nutrients needed for the cultivation of high quality food crops. Emmanuel made this known in an interview with the News Agency of Nigeria (NAN) in Lagos on Friday. According to him, it is important for stakeholders to […]

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Buhari Will Correct Mistakes Of Previous Appointments – APC

The All Progressives Congress (APC) has said it will do everything within its power to ensure President Muhammadu Buhari appoints youths into his government. The acting national publicity secretary of APC, Timi Frank, on Thursday stated this, while reacting to the criticism of Buhari over the lack of youths in his government. “As one of […]

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Social Media Bill Will Not Be Passed By Senate – Saraki

President of the Senate, Senator Bukola Saraki, on Friday assured online publishers and other social network operators that the senate would not censor the media. This is contained in a statement by his Media Assistant, Bamikole Omishore, made available to journalists in Abuja. The statement said that Saraki gave the assurance when the Executive Board […]

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Oil Decline To $39, Threatens FG’s Savings Plan

Global benchmark Brent crude on Thursday extended its losses, dropping to $39 per barrel thereby threatening the Federal Government’s ability to save earnings from crude oil sales next year, ThePunchNg report. The Federal Executive Council had earlier this week proposed $38 per barrel as the oil benchmark price for the 2016 budget, down from $53 […]

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World Bank Reviewing Activities In Nigeria

The World Bank has commenced the review of its activities in Nigeria, ThePunchNg report. The leader of the team undertaking the review, Guillemette Jaffrin, said this when his team visited the Bureau of Public Enterprises in Abuja on Wednesday, according to a statement issued in Abuja on Thursday by the Head of Public Communications, BPE, […]

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Lagos Targets 24 Hour Power Supply

The Lagos State Governor, Akinwunmi Ambode, says 24-hour power supply will boost business and increase the state’s Gross Domestic Product and that his government is ready to achieve the target, ThePunchNg report. The governor also urged individuals, private homes and corporate organisations to take up any street of their choice and light them up with […]

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Ex-director: I Delivered $47m In 11 Suitcases To Dasuki

MORE shocking revelations have come on how huge cash estimated at $2billion meant for arms purchase was allegedly diverted by key government officials and politicians during the Dr. Goodluck Jonathan Presidency, The Nation report. A former Director of Finance in the Office of the National Security Adviser (ONSA), Mr. Shuaibu Salisu, said $47million was withdrawn […]

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PDP, Reps, Anenih, Ayu, Others Named In N30b Loot

The Economic and Financial Crimes Commission (EFCC) will today begin the trial of a former National Security Adviser (NSA), Mr. Sambo Dasuki, ex-Minister of Finance Bashir Yuguda and a former Director of Finance in the Office of the National Security Adviser, Mr. Shuaibu Salisu as well as six others for alleged misappropriation N10billion. The others […]

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Fedral Govt. Investigating Dokpesi For Fresh N8b Fraud Allegation

The Federal Government is investigating businessman Raymond Dokpesi for his alleged involvement in another fraud involving about N8billion, the government’s lawyer, Rotimi Jacobs (SAN), yesterday told a Federal High Court in Abuja. Jacobs said the Federal Government was about rounding off investigations into a fresh allegation of N8.4billion the AIT/Raypower emeritus chairman collected from the […]

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Soyinka Takes A Swipe At Fayose, Advises Buhari

The Nobel Laureate Prof. Wole Soyinka has described Governor Ayodele Fayose of Ekiti state as a tout. Speaking on Wednesday, December 9, at the 10th anniversary of the annual Wole Soyinka Award for Investigative Reporting by the Wole Soyinka Centre for Investigative Journalism, he said Fayose attacked judges publicly without any consequences. He called on […]

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PZ Cussons Blames Nigeria Operating Environment Woes

Consumer goods company, PZ Cussons Plc, with a major presence in Nigeria have blamed the Nigerian operating environment for its slowing performance according to reuters. Group operating profits were broadly flat versus comparative period. The company’s fortunes has witnessed strong performance in Europe offsetting a difficult trading environment in Nigeria and impact of weaker currencies […]

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CBN Plans 1m Jobs For Graduates In 2016

*FG, China sign MoU to create 2,000 ICT jobs The Central Bank of Nigeria (CBN) said it is finalising arrangements to launch an initiative that will create employment for at least one million young graduates in 2016. The apex bank Governor, Mr. Godwin Emefiele, disclosed this at the Bankers’ Committee retreat held in Lagos on […]

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