National Chairman of Abundant Nigeria Renewal Party (ANRP), Mr. Tope Fasua, has urged President Muhammadu Buhari to turn down offer by the United Kingdom to build a £700,000 new wing in Kirikiri, Lagos Prison. Fasua said Nigeria should emulate the rejection of similar offer from UK by Jamaica
BUSINESS
Nigeria Deposit Insurance Corporation (NDIC) says the number of fraud cases attributed to internal abuse by staff of banks increased from 231 in 2016 to 320 in 2017. Mr Mohammed Ibrahim, Head, Communications and Public Affairs of NDIC, said in a statement in Abuja on Sunday that the figure was in the organisation’s recent report […]
The Central Bank of Nigeria says Nigeria’s External Reserves is steadily growing and currently stands at $46bn. CBN Spokesman, Isaac Okoroafor, said in a statement on Sunday that the reserves grew by about $3.2bn between February and March 2018. He said the reserves at the beginning of 2018 stood at $39.3bn, then rose to $42.8bn […]
President Muhammadu Buhari has approved an amendment to the excise duty rates for alcoholic beverages and tobacco with effect from Monday, 4th June, 2018. The President has also granted a grace period of 90 days (three months) to all manufacturers before the commencement of the new excise duty regime. There is, however, no increase in […]
A major airplane crash was averted three days ago as an Arik Airline flight W 3304 was filled with smoke mid-air into the flight from Lagos to Ghana. Petrified passengers were praying loudly, screaming and weeping as the crew searched for the cause of smoke and also prepared to make an emergency landing. Panicked travellers […]
The Federal Government on Thursday said it would not repeat the mistake of the former President Olusegun Obasanjo’s administration on the Ajaokuta Steel Complex in Kogi State. The Minister of Mines and Steel Development, Dr. Kayode Fayemi, who stated this at a press conference in Abuja, also said the present administration would not spend any […]
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