Nigeria House of Representative. NS

Reps committee says CBN grants over protection to commercial banks

THE House of Representatives committee on Banking and Currency, has accused the Central Bank of Nigeria (CBN), over what it described as granting undue protection the commercial banks at the expense of the nation’s economy. Chairman of the committee, Hon. Jones Onyereri, who made the remarks during an oversight function visit to CBN Headquarters in […]

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Rotimi Chibuike Amaechi

Amaechi commends Osun governor on MKO Abiola Airport project

MINISTER for Transportation, Mr. Chibuike Rotimi Amaechi, yesterday commended Governor Rauf Aregbesola on the construction of the MKO Abiola International Airport in Ido-Osun, Osun State. The minister who was on the tour of Federal Government projects in the state, said: “The Federal Government decided to embark on inspection of its projects across the country so […]

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Defence Headquarters warns against protest

THE Defence Headquarters (DHQ), has issued a strong warning to planned protest by any group saying the Nigerian military and other security agencies in the country, would not tolerate any act that threatens nation’s security. In a terse message signed by the Acting Director of Defence Information (DDI), Brigadier-General Rabe Abubakar, the DHQ, said its […]

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American firms paid $5.1bn taxes in 2014

The United States of America’s Secretary of Commerce, Penny Pritzker, has revealed that in 2014, eleven of more than seventy large American companies operating in Nigeria paid in a total of $5.1 billion in taxes to the nation’s coffer. She also disclosed that a total of 24, 104 Nigerians were employed by the firms, while […]

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‘No Lagos street barricades lock before 12am’

The Lagos State Government on Wednesday insisted that it would deal with residents’ associations, which failed to comply with the directive of keeping their streets’ gate open except between 12am and 5am. The Commissioner for Local Government and Community Affairs, Muslim Folami, said this at a meeting with community development associations and other stakeholders in […]

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CBN extends registration for Nigerians abroad on BVN

The Central Bank of Nigeria (CBN) , has extended the Bank Verification Number , (BVN), registration exercise for Nigerian Banks’ Customers leaving outside thev country  to June 30, 2016. According to a circular posted on the banks’ website, Thursday, the decision to extend the deadline which was initially January 31, was as result of low […]

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S’Court delivers judgement on Saraki’s asset declaration case Friday

The Supreme Court will on Friday pass its judgment on the case before it challenging the trial of the Senate President, Dr. Bukola Saraki, before the Code of Conduct Tribunal over charges bordering on alleged false assets declaration. A seven-man bench led by the Chief Justice of Nigeria, Justice Mahmud Mohammed, had towards the end […]

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Mrs. Ambode’s calls for cancer prevention measures

WIFE of the Lagos State Governor, Mrs. Bolanle Ambode, has called on Nigerians to engage in physical activities and go for regular cancer screening. According to her, the measures will not only help to prevent certain forms of cancer, but also help in the early detection of the disease, as well as ensuring outright cure […]

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we’ll introduce stun guns to replace firearms – Arase

INSPECTOR General of Police (IGP) Solomon Arase has said that stun guns will soon be introduced as part of efforts to reduce casualties associated with misuse of firearms by police officers. He added that the police management was considering swapping officers, who have stayed more than three months in the Northeast to avoid deterioration of […]

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‘Nigerians won’t ache under Buhari,’ says Osinbajo

NIGERIA Vice-President, Prof. Yemi Osinbajo, has said the masses in the country will not suffer under President Muhammadu Buhari’s administration. He said this on Wednesday at Ota, in Ado Odo/Ota Local Government Area of Ogun State, during a brief reception held for him by the state government in continuation of the 40th anniversary of the […]

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Nigeria Senate Assembly

2016 Budget: Nigeria House of Assembly to pass Budget by Feb. 25

NIGERIA National Assembly is expected to pass the 2016 Appropriation Bill on February 25. The House of Representatives also said on Wednesday that the N6.07tn proposed by the executive as the total size of the budget would be retained and passed. According to Punchng, The Chairman, House Committee on Appropriation, Mr. Abdulmumin Jibrin, said in […]

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$3.9bn Fine: MTN hires top U.S. lawyer to challenge fine

TELECOMMUNICATIONS giant MTN has hired a former United States Attorney General Eric Holder to help challenge the $3.9 billion fine imposed by the Nigerian Communications Commission (NCC) for failing to disconnect unregistered users, the Financial Times reported yesterday. Citing people familiar with the situation, the newspaper said Holder, the immediate past U.S. top law officer, […]

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