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1 Share Share Tweet Share Share Email The spokesman of the People’s Democratic Party, PDP, Mr. Olisa Metuh, has filed a petition to the Chief Justice of Nigeria seeking the transfer of his alleged corruption case from Justice Okon Abang, his former classmate. Mr. Metuh alleged that Justice Abang was not interested in dispensing justice […]

Red Star Express Plc, a leading logistics and delivery firm has announced to the Nigerian Stock Exchange (NSE) that the board has approved the appointment of Sola Obabori as Deputy Group MD/Chief executive of the company. The board, who made the decision at its meeting on March 3, 2016, also confirmed the appointment of Victor […]

Chairman, Zinox Group, Leo Stan Ekeh has added his opinion to the on-going debate over whether or not the federal government should devalue the naira. He noted that the prevailing circumstances in the nation’s fiscal and monetary framework aligned to developments in the oil market makes devaluation a needless venture at this time. Despite all […]

Access Bank Plc released its financial result for the full year ended 31 December, 2015. The result showed that the Net interest income increased by 5.36% from N100 billion in 2014 to N105 billion in 2015. The bank also increased its net fee and commission income by 78.60% from N18.6 billion to N33 billion in […]

Dangote Sugar Refinery Plc released its financial result for the full year ended 31 Dec 2015. The result showed that revenue rose by 6.54% from N94.8 billion in 2014 to N1.1 billion in 2015. Gross profit also rose by 11.27% from N18.6 billion to N20.7 billion in 2015. The company also reduced operating expenses by […]Read More

The All Progressives Congress in Rivers state on Wednesday listed 24 sins believed to have been committed by former Nigerian President, Goodluck Jonathan, Gvernor of Rivers State, Nyesom Wike, and the Peoples Democratic Party against the people of the state. APC said Jonathan and Wike committed aborminable sins against Rivers State and its people without […]

The member representing Epe Constituency II at the Lagos State House of Assembly, Hon Segun Olulade has expressed displeasure at the current supremacy feud between the Alake of Egba-Land, Oba Israel Adedotun Gbadebo and the Awujale of Ijebuland, Oba Sikiru Adetona. Olulade said the show of class among the first class and highly placed Obas […]

“It is not only the person who pulls the trigger, but those who made that possible who should be defined as terrorists, regardless of their title,” Turkish President Tayyip Recep Erdogan said on Monday, in an attempt to convince parliament to include journalists, politicians, academics, and activists under the country’s anti-extremism laws. Erdogan’s comments came […]Read More

Breaking! 89 #BokoHaram Members Sentenced To Death In #Cameroon – SimonAtebaNews Share Tweet Share Share Email At least 89 convicted Boko Haram members have been sentenced to death in Cameroon. Local newspaper, L’Oeil du Sahel, said the 89 Boko Haram members were sentenced to death in Maroua, the capital of Cameroon’s far north region. About […]

The Federal Government has welcome the support from the International Atomic Energy Agency (IAEA) to generate electricity by making use of nuclear energy. Senior Special Assistant to the President on Media and Publicity, Garba Shehu made this disclosure during a meeting between President Muhammadu Buhari and the Director-General of the International Atomic Energy Agency (IAEA), […]

Nigeria and Equatorial Guinea have signed an agreement to establish combined patrols to strengthen security in the Gulf of Guinea, which has been plagued by piracy in the last few years. This was revealed in a statement by Presidential spokesman, Garba Shehu. There has been a resurgence in militancy attacks on oil pipelines in the […]

The Asset Management Corporation of Nigeria (AMCON), yesterday revealed before the House of Representatives that its debt profile had risen to N6.6 trillion. An ad-hoc committee of the House of Reps were told that the liabilities rose after AMCON bought banks’ bad loans worth N3.3 trillion and paid N1.7 trillion for the loans. This was […]