News

Vice-President Yemi Osinbajo says the national economic council will have to send a request through the president to get a briefing from the newly appointed economic advisory council (EAC). Osinbajo made this statement on Thursday in response to a request for clarification by members of the national economic council regarding their ...

Hakeem Otiki, a major-general standing trial over the alleged theft of millions of naira, has asked Lamidi Adeosun, a lieutenant-general, not to preside over the case. Five soldiers were declared wanted by the Nigerian army after they absconded with a large amount of cash allegedly on the orders of Otiki ...

Fresh facts on Wednesday emerged on some decisions taken by  President Muhammadu Buhari on the functions of his deputy, Prof Yemi Osinbajo. A source in the Presidential Villa  confided in The PUNCH  that members of the cabal in the Presidency  were bitter about the roles played by the Vice-President, when ...

Effective Wednesday, September 18, cash deposits and withdrawals from individual bank accounts are to attract addition charges, the Central Bank of Nigeria said on Tuesday. In a circular to all deposit money bank (DMBs), the Director, Payments System Management Department at the CBN, Sam Okojere, said henceforth 3 percent processing ...

Obinwanne Okeke, the 31-year-old Nigerian held by American authorities for alleged fraud, entered a plea of not guilty to two counts of wire and computer fraud at his first hearing on Monday. The presiding judge at the Newport News, Virginia, federal courthouse, declared the case as “complex,” but said Mr ...

American billionaire and philanthropist, Bill Gates, has said that Nigeria has one of the lowest domestic revenues at just six per cent of GDP compared to 15 per cent in some other countries. This, he said, is perhaps one of the reasons why the largest black nation has a problem ...

Following public criticisms that have greeted his appointment to the budget ministry, Seun Onigbinde has now turned down the appointment. Mr Onigbinde, co-founder of BudgIT, a civic group committed to government financial transparency, announced his resignation on Monday. Mr Onigbinde had last week announced his decision to accept a technical ...

Seun Onigbinde, co-founder of BudgIT, has resigned his appointment as technical adviser at the ministry of budget and national planning. More to follow…

Nigerian soldiers fighting Boko Haram in Borno are losing motivation and struggling to match the insurgents’ might, according to the New York Times. The NYTimes said in a new report that contrary to the claims of the Nigerian government and the military that Boko Haram has been degraded, the insurgents’ power ...

It was a friendly, cool and serene weekend as ardent soccer lovers gathered to keep a date with physical fitness. All garbed in their sport kits and ready to show the good people of Bayelsa the stuffs they are made of as far as football is concerned. One of the ...