The Central Bank of Nigeria says it disbursed $2.83 billion to critical sectors of the economy between December 2016 and January 2017. Isaac Okorafor, the Acting Director, Corporate Communications Department of CBN, made this known in a statement on Thursday in Abuja. Okorafor said
A Federal High Court sitting in Lagos on Thursday ordered the permanent forfeiture the sum of $153m, which was said to have been diverted from the coffers of the Nigerian National Petroleum Corporation, NNPC, by a former Minister of Petroleum Resources, Dieziani Alison-Madueke, to the Federal Government. The presiding judge, Justice Muslim Hassan, who had […]
The federal government has explained why it has not released the Budget Support Facility (BSF) to the Ekiti state government. A statement from the federal ministry of finance on Wednesday signed by Salisu Na’Inna Dambatta, Director (Information) described the Ekiti governor’s claims as “incorrect as the Ministry has not withheld any statutory allocation due to […]
A Nigerian Air Force (NAF) helicopter conveying personnel on medical outreach programme at Gwoza Thursday came under attack by members of the Boko Haram Terrorist (BHT) group. The Mi-17 helicopter was shot at several times by the insurgents however there was no casualty except for an airman that sustained bullet wound. The helicopter had departed […]
The Special Adviser to President Muhammadu Buhari on Media and Publicity, Femi Adesina, on Thursday, disclosed why Buhari will not address the nation from his vacation spot in London. Featuring on TVC’s This Morning Programme, Adesina disclosed that the President is entitled to his vacation and such right will not be intruded on. Adesina said, […]
An NGO under the sponsorship of ‘Women Advocates Research and Documentation Centre, WARDC, said on Thursday that Boko Haram terrorist group had destroyed over 1,500 schools in Northern Nigeria in the last six years Founder of WARDC, Dr Abiola Awolabi, who stated this to newsmen at a two day workshop in Maiduguri, said that of […]










