Eid-ul-Maolud: Aregbesola urges Muslims to pray for Nigeria

Osun State Governor Rauf Aregbesola has called on Muslims nationwide to be prayerful with strong conviction that the current economic hardship facing the country will soon fizzle out. In his message to adherents of the Islamic faith on the occasion the Eid el- Maolud (birthday of Prophet Muhammad) today, Aregbesola urged Muslims to endure for […]

SERAP sues Saraki, Dogara over N500bn NASS spending

Socio-Economic Rights and Accountability Project (SERAP) has sued Senate President Bukola Sakari and House speaker Dogara Yakubu “over failure to give account of the spending of N500 billion as running cost between 2006 and 2016, and the monthly income and allowances of each Senator and member.” The suits filed last Friday at the Federal High […]

CBN, banks to establish Agric, SME equity fund

As part of efforts to support the funding and access to finance by operators in primary agricultural and Small and Medium Enterprises (SMEs) sectors, the Central Bank of Nigeria (CBN) and the banks are to establish an Agriculture/ SME fund (AGSME Fund). The funding will come from contributions of a portion of Deposit Money Banks’ […]

Buhari replaces Olonisakin, Ibas as Service Chiefs

President Muhammadu Buhari has approved the retirement from service of the Chief of Defence Staff (CDS), General Gabriel Olonisakin, and the Chief of Naval Staff (CNS), Vice Admiral Ibok-Ete Ekwe Ibas. New Telegraph gathered from highly placed military sources that the Minister of Defence, Brig.- Gen. Mansur Dan-Ali (rtd), has since sent letters to the […]

MMM founder writes Buhari, says ‘you know nothing about our system’

Sergey Mavrodi, founder of MMM, has written an open letter to the Nigerian government to justify the importance of the popular Ponzi scheme. The News Agency of Nigeria (NAN) reports that the letter was displayed on the page of all participants of the scheme. Mavrodi warned the federal government that if the Ponzi scheme collapses, […]

JAMB meets CBT centre owners over 2017 exams

The Joint Admissions and Matriculation Board says arrangements have been concluded to have an interaction with owners of Computer Based Test centres in the country ahead of the 2017 UTME. The board’s Head, Media and Information, Dr Fabian Benjamin, made the disclosure in a statement made available to the News Agency of Nigeria on Monday […]

Stop kerosene subsidy scam

Subsidy of petroleum products has not stopped after all, evident in the revelation that the country used $1 billion to subsidise kerosene last year. The intention of government to subsidise was to make the product affordable to the poor masses. But we are alarmed that the obverse is the case. This means that the N310 […]

2017 budget’ll take Nigeria out of recession –Buhari

Olalekan Adetayo, Abuja President Muhammadu Buhari on Sunday said the 2017 Appropriation Bill that he would present to the joint session of the National Assembly on Wednesday would take Nigeria out of recession. Buhari said this in his Eid-el Maulud message to Nigerians. In the message which he personally signed, the President said with collective […]

Akwa Ibom church collapse: Saraki calls for “thorough investigation”

The President of Nigeria’s Senate, Bukola Saraki, has called for “urgent and thorough investigation” to determine the remote and immediate causes of the church building collapse in Uyo, Akwa Ibom State. Several persons lost their lives, while others sustained injuries when the roof and the iron beams in the building housing Reigners Bible Church, Uyo, […]

Saudi-British ties expanding: Johnson

Riyadh — Custodian of the Two Holy Mosques King Salman and Crown Prince Muhammad Bin Naif, deputy premier and minister of interior, held separate talks with British Foreign Secretary Boris Johnson and his accompanying delegation here on Sunday. The Crown Prince and the British foreign secretary discussed ways to strengthen cooperation between the two countries […]