EXTRA: Again, Umar keeps Saraki waiting for 2 hours – but he apologises this time

  Danladi Umar, chairman of the Code of Conduct Tribunal (CCT), kept Senate President Bukola Saraki waiting for an almost two hours – precisely an hour and 52 minutes – before commencing his trial on Thursday. On Wednesday, Ajibola Oloyede, one of Saraki’s lawyers, had argued an application seeking the withdrawal of Umar from the […]

Saraki arrives CCT without a single senator

  Senate President Bukola Saraki arrived the Code of Conduct Tribunal (CCT) without the usual array of senators in tow. TheCable observed that no senator accompanied the senate president, who arrived at the tribunal at 10:15am. But two senators later joined him after 45 minutes. This is the first time the senate president arrived “solo” at […]

All governors declare: We are in BAD shape

  Governors of the 36 states of the federation rose from their meeting on Wednesday night in one accord and with once voice, declaring: “We are in bad shape.” The N299 billion shared from the federation account for March 2016 is regarded as among the lowest in the 4th republic. Deductions from the federation account were deferred […]

Naira strengthens against dollar as oil price rises

  Although not in a very big way, the Nigerian currency gathered steam against the American currency on the parallel market, NAIJ.com checks have revealed. The naira which stood at N319/dollar on Wednesday, April 27, cannot now be bought for N318/dollar in the black market, a situation which coincides with the rise in price of […]

‘Badeh bought N320m Abuja house for son’

  A retired Air Commodore,  Aliyu Yishau, told a Federal High Court in Abuja on Wednesday that  a former Chief of Defence Staff, Alex Badeh, acquired a house in Abuja for his 28-year old son, Kam, with N320m belonging to the Nigerian Air Force. Yisahau, who is the first prosecution witness in Badeh’s ongoing  trial, […]

Reps oppose fresh N309bn FG bond to finance power sector

  The House of Representatives on Wednesday opposed fresh plans by the Federal Government to float a bond of N309bn to finance the power sector, which is already 60 per cent private sector-driven. The  Federal Ministry of Power/Works and Housing is said to have concluded plans to use the Nigeria Bulk Electricity Trading Company to […]

EFCC arrests Fidelity Bank MD for receiving Diezani’s $115m

  The Economic and Financial Crimes Commission has arrested the Managing Director and Chief Executive Officer of Fidelity Bank Plc, Mr. Nnamdi Okonkwo, and some officials for allegedly receiving $115m from a former Minister of Petroleum Resources, Diezani Alison-Madueke. The EFCC also arrested the bank’s Head of Operations, Mr. Martins Izuogbe, for his role in […]

Six feared killed as lovers clash over Kaduna lady

  There was confusion in some parts of Kaduna on Wednesday following the killing of six over a girl  palaver. The incident occurred at the Badarawa Kwaru and Ungwan Yero, all in Kaduna North Local Government Area of the state. Our correspondent   gathered that six persons were feared killed while scores sustained varying degrees of […]

Saraki must face trial, say 20 political parties

The Labour Party and 19 other registered opposition political parties have urged the Senate President, Bukola Saraki, to avail himself of the opportunities offered in our laws to clear his name. Members of the opposition parties made their position known at a press briefing in Abuja, on Wednesday. The National Chairman of the LP, Alhaji […]

Governors meet over dwindling economy

  State governors under the umbrella of the Nigeria Governors’ Forum on Wednesday met behind closed door to discuss the nation’s dwindling economy. The meeting, which was held inside the old Banquet Hall of the Presidential Villa, Abuja, was a continuation of an inconclusive one they held last week Wednesday at the same venue. At […]