The acting Managing Director of Niger Delta Development Commission (NDDC) Prof. Kemebradikumo Pondei, has disclosed that N40 billion was not missing from the commission’s account neither has it been misappropriated. Pondei, while addressing journalists in Abuja on Thursday, said that the commission operates only one account with the Central Bank of Nigeria (CBN). According to […]
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President Muhammadu Buhari has warned ministers and chief executives of government agencies to desist from disrespecting members of the National Assembly. The Senior Special Assistant to the President on Media and Publicity, Malam Garba Shehu, in a statement id said that Buhari gave the warning at a session with leaders of the National Assembly in […]
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Transcorp Hotels Plc has applied to the Nigerian Stock Exchange (NSE) to raise additional capital via a rights issue from existing shareholders. Transcorp Hotels made the application through its stockbroker, United Capital Securities Limited. Specifically, the leading hospitality group, has applied to the NSE the approval and listing of a rights issue 2,659,574,468 ordinary shares […]
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President Muhammadu Buhari has given directives for better coordination among security and investigating agencies with the National Assembly to ensure that the administration’s effort to bring sanity, transparency and accountability to the management of the large amount of resources dedicated to development of the Niger Delta sub-region is not derailed. In his reaction to the […]
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Aare Ona Kakanfo of Yorubaland, Iba Gani Abiodun Ige Adams, has urged the Federal Government to properly investigate the gruesome murder of Nigeria’s first female combat Helicopter Pilot, Totulope Arotile, saying the death was suspicious. Adams, in a statement on Thursday by his Special Assistant on Media, Kehinde Aderemi, described the late Arotile’s death as […]
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The acting Managing Director of the Niger Delta Development Company (NDDC) Prof. Kemebradikumo Pondei, and his team, on Thursday, walked out on legislators investigating the alleged N40 billion irregular expenditure in the commission. Pondei stormed out of the hearing in Abuja, after accusing the Chairman of the committee, Olubumi Tunji-Ojo (APC-Ondo) of corruption. “We, in […]
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President Muhammadu Buhari has given directives for better coordination among security and investigating agencies with the National Assembly to ensure that the administration’s effort to bring sanity, transparency and accountability to the management of the large amount of resources dedicated to development of the Niger Delta sub-region is not derailed. In his reaction to the […]
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To reward consumers and improve the livelihoods of its consumers around Nigeria, Dangote Cement Plc yesterday unveiled plans to produce an astonishing nine millionaires daily in its new Spell and Win “Bag of Goodies 2” Consumer Promo. The promotion, scheduled to run from Wednesday, July 15, to November 15, is expected to produce 1,000 millionaires […]
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Fidelity Bank Plc has announced that two of its Board members, Mr. Ernest Ebi who has been serving as Chairman, Board of Directors and Mr. Seni Adetu, who has been serving as an Independent Non-Executive Director, having successfully completed their tenure in accordance with the Bank’s internal governance policy, will be stepping down from the […]
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The Nigerian National Petroleum Corporation (NNPC) has advised against a swift relocation of tank farms from their current locations along Ijegun, Kirikiri areas in Lagos and other parts of the country in order to avoid a dislocation in the supply and distribution chain of petroleum products across the country. The corporation made the submission Wednesday […]
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Security has been beefed up within the premises of the National Assembly to avoid a breakdown of law and order. The security beef up Thursday morning may not be unconnected with the power tussle between the National Assembly Service Commission (NASC) and the Clerk to the National Assembly, Mohammed Sani-Omolori, over the retirement age of […]
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Rivers State Governor, Nyesom Wike, Thursday stormed the Port Harcourt residence of former Acting Managing Director of Niger Delta Development Commission (NDDC), Dr. Joi Nunieh, and freed her from the barricade by policemen believed to be from the Inspector General of Police Office. Policemen in the early hours of Thursday surrounded the house of the […]
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