POSTS BY: CHRIS PEMU

FG Will Name Successful Bidders For 4 Modular Refineries

Federal Government has revealed that it will make public the names of the four companies that successfully bided to...


Buhari’s Speech At The Signing Of The 2016 Budget

It gives me great pleasure today to sign the first full-year budget of this administration into law. I thank...


President Buhari Finally Signs 2016 Budget

The issue concerning the controversial 2016 budget has finally been laid to rest. President Muhammadu Buhari has signed the...



EFCC Will Fail To Demonise And Humiliate Me – Fani-Kayode

Former Minister of Culture and Tourism, Femi Fani-Kayode, has come out to say that he is not hiding from...


DMO Will Borrow N900 Billion To Finance 2016 Budget Deficit

The Debt Management Office (DMO) said on Wednesday said the Federal Government will borrow the sum of N105 billion...


NCAA Orders Airlines To Compensate Passengers Over Flight Delays

The Nigerian Civil Aviation Authority (NCAA) has announced compelling every airline both domestic and international, to pay in form...


2016 Budget: FG Will Focus On 34 Priority Projects

The Federal Government will focus its priority on 34 critical projects in the 2016 budget. Minister of State for...


EFCC Storms Sterling Bank Headquarters, Grills MD

Officials of the Economic and Financial Crimes Commission on Wednesday visited the headquarters of Sterling Bank Plc in Lagos...


How Non-Passage Of The PIB Cost Nigeria N1.7 Trillion

Chairman of Petroleum Technology Association of Nigeria (PETAN), Bank Anthony Okoroafor has disclosed that Nigeria has lost estimated $10...


V.P Osinbajo Says 7,000 Megawatts Of Electricity On The Way

Vice President, Prof Yemi Osinbajo, on Monday assured Nigerians that 7,000 Megawatts of power would be generated within the...


Prepare For More Darkness If You Live In Lekki And Ikoyi – Eko Disco

Eko Electricity Distribution Company (EKEDC) on Monday announced that, there will be power rationing in Lekki, Ikoyi, Victoria Island...


Nigeria Can Generate N5 Trillion Annually From Mining – Minister

Minister of Solid Minerals Development, Dr. Kayode Fayemi over the weekend, affirmed that mining business has the potential to...


Transcorp Sets To Take Over NNPC’s Abandoned Gas Plants

Transnational Corporation of Nigeria Plc, (Transcorp) has announced its intention to buy all the Nigeria National Petroleum Corporation’s (NNPC)...


Gov. Oshiomhole Increase Edo Minimum Wage To N25,000

Edo State Governor Adams Oshiomhole on Sunday announced a new minimum wage of N25,000 with effect from May 1,...


Bailout Fund: CBN Approves N20 Billion Lifeline For Kogi State

Governor Yahaya Bello of Kogi State on Sunday, announced that the Central Bank of Nigeria, (CBN), has approved N20...


Annual Cost Of Importing Fruit Juice Into Nigeria Is N165 Billion – MAN President

President of the Manufacturers’ Association of Nigeria (MAN), Frank Jacobs, yesterday disclosed that Nigeria spends N165 billion annually to...


Aero Contractors Restructures, Fires Over 100 Workers

The management of Aero Contractors this week, sacked over 100 workers from its payroll industry. Public relations consultants to...


Budget Grey Areas: Presidency, N/Assembly Panel Concludes Work Today

The committee constituted by the Presidency and the National Assembly to look at the “grey areas” raised by President...


Lagos Engages 1,200 Tax Audit Professionals

The Lagos State Internal Revenue Service ((LIRS) has engaged 1200 members of the Chartered Institute of Taxation of Nigeria...


EFCC Picks Up Fidelity Bank MD For Receiving Diezani’s $115m

Managing Director and Chief Executive Officer of Fidelity Bank Plc, Nnamdi Okonkwo, and some officials of the bank have...


Gov. Ambode Says Lagos Has Completed $840 Million Bond Restructuring

Governor Akinwunmi Ambode of Lagos State yesterday, announced that the State Government has restructured 167.5 billion naira ($840 million)...


Finally! President Buhari Rolls Out The Tanks Against Fulani Herdsmen

Here’s a statement from the Presidency concerning the alarming and continuous deadly attacks by Fulani herdsmen nationwide Following continuing...


University Don Says 30-Day Fuel Imports Can Build 15 Modular Refineries

Director, Centre of Gas, Refining and Petrochemicals, Institute of Petroleum Resources, University of Port Harcourt, Prof. Godwin Igwe has...


This Senator Thinks Buhari Is Too Arrogant Over The Budget

Senator Suleiman Adokwe, has accused President Muhammadu Buhari of being too arrogant over his refusal to accent to the...


Nigeria’s LNG Moves Its Market To Asia, With Focus On Japan

The Nigeria Liquefied Natural Gas Limited (NLNG) has shifted focus to Asia, with Japan emerging as one of its...


NAICOM Publishes List of 300 Certified Insurance Brokers

The National Insurance Commission (NAICOM) has released the list of 300 insurance brokers it has given approval to undertake...


Here’s Why World Bank President Is Visiting Nigeria

President of the World Bank, Dr. Jim Yong Kim is expected to arrive Nigeria today on a three-day visit....


FG Does Not Have Enough Resources To Complete All Projects – Fashola

Minister of Works, Power and Housing, Mr Babatunde Fashola, SAN, says the Federal Government will need about N2trillion to...


Ericsson Appoints New President for Sub-Saharan Africa

Ericsson has announced the appointment of Jean-Claude Geha as Head of the sub-Saharan Africa Region He replaces Fredrik Jejdling...


I Don’t Believe Federal Government Should Continue Bailing Out States – Dangote

President of Dangote Group, Aliko Dangote, said he will assist the Federal Government in turning around and diversifying the...