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Two Nigerians, Ojukwu Nnamdi Roland and Ngene Linus Chibuike, arrested at the Murtala Muhammed International Airport, Lagos while attempting to smuggled $5, 424,270 USD out of the country, have been convicted and sentenced to two years imprisonment respectively by Justice Ibrahim Buba of the Federal High Court, Lagos. Rowland was arraigned by the Economic and […]

The Nigerian army has dismissed over 200 Soldiers it had recalled after they were earlier sacked by the administration of Goodluck Jonathan last year for gross indiscipline and cowardice, and the soldiers have protested in Kaduna State against the decision to sack them. The army also announced that it had arrested two of its personnel […]

Two Boko Haram suicide bombers blew themselves up at a burial in Cameroon’s far north on Wednesday morning, killing themselves and at least nine mourners. Local newspaper, L’Oeil du Sahel, said the bombers attacked a burial in Nguetchewe locality in Cameroon’s far north, killing at least nine persons and injuring more than 20 mourners. Boko […]Read More

The Economic and Financial Crimes Commission, EFCC, onTuesday, February 9, 2016 re-arraigned the duo of immediate past Kwara State Commissioner for Information, Olatunji Oyeyemi Moronfoye, and Ope Saraki,  cousin to the Senate President, Bukola Saraki and former Special Adviser on Millennium Development Goals to Governor Abdulfatah Ahmed before Justice Oluremi O. Oguntoyinbo of the Federal High […]

By Phil Stewart WASHINGTON (Reuters) – President Barack Obama is proposing about $200 million in new military spending to confront Islamist militants in north and west Africa, U.S. defense officials said ahead of Tuesday’s budget rollouts for the next fiscal year. U.S. officials declined to specify to which nations the funding would be directed. The […]

Two Boko Haram suicide bombers blew themselves up at a burial in Cameroon’s far north on Wednesday morning, killing themselves and at least nine mourners. Local newspaper, L’Oeil du Sahel, said the bombers attacked a burial in Nguetchewe locality in Cameroon’s far north, killing at least nine persons and injuring more than 20 mourners. Boko […]Read More

One of the most controversial provisions of the 2016 Budget was a N3.2 billion budgeted for the state house clinic. The amount has caused outrage angering a lot of Nigerians who believe the amount can be better spent on hospitals around the country. However, the Permanent Secretary, State House, Alhaji Jalal Arabi, on Tuesday came out […]

The Central Bank of Nigeria has released data on the total number of customers who have registered for the Bank Verification Number BVN as at February 7, 2016. Here is the data A total of 23,345,964 million bank customers had obtained their Bank Verification Numbers (BVN) as at February 7, 2016. Over 28,303,332 customers’ BVN, […]Read More

Nigeria is currently facing one of its most embarrassing moment since the advent of democracy in 1999. The controversial 2016 Budget of N6.07 trillion which was presented, changed and then returned is now completely in shambles following its review since it was fully published online. Nigerians have poured through this budget and have seen figures beyond […]

President Barack Obama is proposing about $200 million in new military spending to confront Islamist militants in north and west Africa, U.S. defense officials said ahead of Tuesday’s budget rollouts for the next fiscal year. U.S. officials declined to specify to which nations the funding would be directed. The disclosure comes as the United States […]

The exchange rate on the parallel market took a major hit yesterday after it traded at about N313 in some parts of Lagos. It finally closed at around N311 according to some Parallel markets operators surveyed by Nairametrics. Operators explain that the reason for the drop is due to the huge scarcity in dollars brought […]

Royal Dutch Shell has announced it is postponing its “final investment decision” to invest in Nigeria’s Bonga South West deep water. This revelation was made by the Chief Executive Officer of Shell Ben van Beurden. “We are making substantial changes in the company, reorganising our upstream, and reducing costs and capital investment, as we refocus Shell […]Read More