President Muhammadu Buhari said on Wednesday that Nigeria will soon sign up to a $3 trillion African free-trade agreement. Nigeria is one of Africa’s two largest economies, the other being South Africa. Buhari’s government had refused to join a continental free-trade zone established in March, on the grounds that it wishes to defend its own businesses More...

by Uchenna Ajah | Published 1 month ago
By Uchenna Ajah On Thursday, July 12th, 2018

Buhari creates unit to snoop on illegal money transfers

President Muhammadu Buhari has signed the Nigerian Financial Intelligence Unit bill (NFIU) 2018 into law, creating a body that will henceforth monitor illegal money transfers and money laundering. President Buhari More...

By Uchenna Ajah On Saturday, June 16th, 2018

N500m for lawyers over MTN’s fine

The Federal Executive Council (FEC) on Wednesday approved the payment of N500 million legal fees to lawyers for the recovery of N330 billion fine from the Mobile Telecommunications Network (MTN). MTN plans listing More...

By Uchenna Ajah On Monday, June 11th, 2018

GT bank vs INNOSON: Management of bank reassures customers

By FELIX OLOYEDE In a swift reaction to the allegedly unfounded stories making the rounds that Nigeria’s Supreme Court recently instructed Guaranty Trust Bank (GTB) to pay one of its customers Messrs Innoson Nigeria More...

By Uchenna Ajah On Tuesday, June 5th, 2018

210 inmates escaped from Minna prison

The gunmen attacked and set free 210 inmates of Mina Maximum Prisons on Sunday night and killed a warder and a commercial motorcycle operator. Prison: Inspection of Minna Maximum security prison Interior minister More...

By Uchenna Ajah On Monday, June 4th, 2018

Saraki: I will reply police in 48 hours

Senate President Bukola Saraki said he will send a written response to the allegations made against him by the Nigerian Police, linking him with robbery in Offa on 5 April. Senate President Bukola Saraki: says he More...

By Uchenna Ajah On Sunday, June 3rd, 2018

Saraki: Police want to nail me by all means

Senate President, Dr. Abubakar Bukola Saraki, has urged Nigerians to disregard the allegation by the police linking him with the 5 April robbery in Offa, Kwara state. Senate President Bukola Saraki: responds to More...

By Uchenna Ajah On Wednesday, May 30th, 2018

Court case hampering Innoson Motors operations–Spokesman

The Innoson Vehicle Manufacturing Company (IVM) on Wednesday said that its efforts to upgrade from 10,000 cars production capacity annually to 60,000 was being hampered by litigations against the company. Innosson More...

By Uchenna Ajah On Friday, May 25th, 2018

Judge insists Metuh’s trial will continue in his absence

The trial of the former National Publicity Secretary of the Peoples Democratic Party (PDP), Olisa Metuh, for alleged N400 million fraud continued on Friday with the defendant still absent in court. It is the second More...