The House of Representatives ad hoc committee on unclaimed funds in commercial banks in Nigeria, has uncovered over N300 billion unclaimed funds in the banks. Rep. Uyme Idem, the Chairman of the committee said this on Wednesday in Abuja, adding that the amount represented a fraction of unclaimed funds...
Nigeria
Former Governor of Kano state, Alhaji Rabiu Kwankwaso, has announced his resignation from the Peoples Democratic Party (PDP) as he obtained the New Nigeria People’s Party (NNPP) membership form. Kwankwaso, former Minister of Defence, at a news conference in Abuja on Tuesday, said he had also obtained the membership...
The Governors of the 36 states of the federation have appealed the Federal High Court judgment which dismissed their suit challenging the planned deduction of $418 million from the Federation Account. The money is meant to settle debts owed consultants engaged by state and local governments on the Paris...
I read a statement from the presidency last week accusing the opposition Peoples’ Democratic Party, PDP, of trying to destabilise an already destabilised, dislocated, disjointed, crippled and demobilised country, presided over by an uncreative president. When I read the statement, I was almost tempted to conclude that it is...
The Super Eagles on Tuesday were denied a World Cup ticket to Qatar after a dull 1-1 draw with Ghana at the MKO Abiola stadium in Abuja. The first leg game in Kumasi had ended 0-0 leaving the Ghanaians to qualify on the away goal rules. Arsenal midfielder Thomas...
I am neither a prophet nor a clairvoyant, but from the manifestation in my crystal ball, I see Nigeria in 2023 being shaped by upheaval fueled by miseries and hopelessness. Agitation reminiscent of the ENDSARS protests will break out. Primary triggers are the country’s pathetic economic indices, including growing...
The Central Bank of Nigeria (CBN) says it has disbursed N948 billion to 4,478,381smallholder farmers, to upscale food production in the country. The CBN Governor, Mr Godwin Emefiele disclosed this in Ado-Ekiti while delivering the 25th and 26th combined convocation lecture of the Ekiti State University (EKSU), on Monday...
The Federal Government has accused the opposition Peoples Democratic Party (PDP) of desperation, heating up the polity and advocating the destruction of Nigeria. The Minister of Information and Culture, Alhaji Lai Mohammed made the accusation at a media briefing on Monday in Abuja “As you know, the folks on...
The Federal Government says while oil prices are on the rise, Nigeria is not reaping the full benefits of the current windfall because of years of neglect of the oil industry. The Minister of Information and Culture, Alhaji Lai Mohammed, gave the explanation at a media briefing on Monday...
The Federal Ministry of Youth and Sports Development will give free bus rides to fans as the Confederation of African Football (CAF) approved full capacity for the MKO Abiola Stadium ahead of the 2022 World Cup playoff between Nigeria and Ghana on Tuesday. A statement by the ministry noted...
The Super Eagles of Nigeria are fully focused and ready for Tuesday’s FIFA World Cup Qatar 2022 playoff battle with Ghana’s Black Stars. Nigeria made a debut World Cup appearance in 1994 and the players have confirmed they are determined to put up a performance that will earn Nigeria...
The Super Eagles of Nigeria on Saturday evening in Abuja resumed training ahead of their second leg 2022 FIFA World Cup play-off against the Black Stars of Ghana. The News Agency of Nigeria (NAN) reports that the team had returned to Nigeria in the early hours of Saturday after...
The Federal Government has urged the European Union (EU), to step up investments in gas and hydrocarbon in Nigeria to be able to meet the bloc’s energy needs. The call is coming on the heels of the festering war between Ukraine and Russia, which threatens gas supply to European...
The United States on Friday said it was designating six Nigerians for their support of the terrorist group, Boko Haram. This is according to a statement signed by US Department of State spokesperson, Ned Price. “The United States is designating six individuals for their support of the terrorist group...
The Super Eagles of Nigeria on Friday in Kumasi held the Black Stars of Ghana to a goaless draw in the first leg of their 2022 FIFA World Cup play-off. The News Agency of Nigeria (NAN) reports that the titanic clash played at the Baba Yara Stadium saw Ghana...
Ghanaian movie star turned senator, John Dumelo has said that he will walk barefoot from Accra to Lagos if Nigeria defeats Ghana in the first leg of their World Cup qualifiers match today March 25. Dumelo added that he will also place ginger on his head during the walk if the...
Vice President Yemi Osinbajo will depart Lagos on Friday for Accra, Ghana, to represent Nigeria at an Extraordinary Summit of the ECOWAS Authority of Heads of State and Government. Osinbajo’s spokesman, Laolu Akande, in a statement in Abuja, said the summit would focus on the political situation in Mali...
A Federal High Court, Abuja, on Friday, dismissed the 418 million dollars Paris Club debt suit filed by the 36 state governments against the Federal Government. Justice Inyang Ekwo, in a judgement, dismissed the suit for lacking in merit. “I do not see any merit in this case on...
The Minister of Youth and Sports Development, Sunday Dare, has called for massive support for the Super Eagles during their return leg match in the 2022 FIFA World Cup playoffs. Kola Daniel, the minister’s Special Assistant on Media, told newsmen in Abuja on Thursday that Dare was hopeful that...
The Central Bank of Nigeria (CBN) says Nigerians need to consume what they produce and export the surplus after adding value to it. CBN Governor, Godwin Emefiele said this at the 32nd Seminar organised by the Central Bank of Nigeria, for Finance Correspondents and Business Editors, on Thursday in...