The inability of the Economic and Financial Crimes Commission (EFCC) to produce the Chairman of Global Fleet Oil and Gas Limited and Group Managing Director of NICON Insurance, Mr. Jimoh Ibrahim , before an Ikeja High Court yesterday stalled his
Indications emerged yesterday that the Central Bank of Nigeria (CBN) may review the December 31 uniform financial year end stipulated for all banks and discount houses in the country in view of attendant astronomical interest rate occasioned by the policy.
Afribank Nigeria Plc has received the "Best Supportive Bank Award" from the Management of Omatek Computers Plc. The Award was presented to Afribank by Omatek to mark its 21 years of computer business in Nigeria.
The Presidential Committee that investigated the affairs of the Africa Finance Corporation (AFC) yesterday submitted its report to government and recommended sanctions against officials who participated in the setting up and funding of the AFC.
The Nigeria National Petroleum Corporation (NNPC) pays $6 million to Niger Delta militants as "protection fee' monthly, the House of Representatives Committee on Finance investigating the alleged non remittance of revenue collected by government agencies from 1999 to March 2008
Inspector General of Police, Mike Okiro cried out yesterday over the increase in the spate of kidnappings in the country saying it was impossible for the police to stop the crime as the police cannot attach its personnel to 140
DELTA State Government has commenced a fact-finding tour to all oil installations across the state with a view to ascertaining the actual quantum of crude oil production in the state as part of efforts towards enhanced revenue generation.
The death of about 17 graduate job-seekers and hospitalisation of over 85 in locations across the country, a forth night ago, has more than highlighted the dire unemployment situation in the country, and the sadistic pre-disposition of officialdom in dealing
The Presidential Assistant to the President on Millennium Development Goals (MDGs), Hajia Aminat Ibrahim, says the Federal Government has committed $100 billion to the realisation of the goals to be achieved by 2015 in the country.
THE Nigeria Labour Congress (NLC), has sent an urgent letter to President Umar Musa Yar'Adua calling for his direct and urgent intervention in the four-week national strike of the Nigeria Union Teachers over failure of government to issue a circular
Senate investigation into the groaning food crisis took a curious dimension yesterday as the Accountant General of the Federation (AGF) Mr Ibrahim Dankwambo, the Director General of Budget Mr Bright Okogu and the Ministry of Agriculture and Water and Resources
The Economic and Financial Crimes Commission (EFCC), yesterday at High Court, Ikeja, Lagos arraigned the Chief Executive Officer of Global Fleets Oil and Gas Limited, Barrister Jimoh Ibrahim for forgery and defrauding Trade Bank plc now liquidated with the sum
Barring any unforeseen circumstances, Nigerian health workers will begin an open-ended strike this week, joining primary and secondary teachers whose own strike has entered the third week, officials of health told AFP yesterday.
Katsina State House of Assembly has initiated dialogue between the state government and Katsina State chapter of the NUT. The meeting is aimed at ending the four-week long industrial action embarked upon by the teachers.
A woman trainee pilot with the Nigerian College of Aviation Technology (NCAT), Zaria narrowly escaped death yesterday, when the Tampico B9 aircraft she was flying crashed into a fence and damaged the aircraft.
The Inspector General of Police, Sir Mike Okiro, was yesterday ordered by the House of Representatives Joint Committee on Capital Market Institutions, Banking and Currency, to arrest the Managing Director and Chief Executive Officer of First City Monument Bank (FCMB),
Nigeria and seven other developing countries have called for a fair, transparent and non-discriminatory international financial and trade system by the super powers.
A Nigerian College of Aviation Technology (NCAT), Zaria trainer plane with registration number N5-CAV yesterday morning overshot its runway and crash landed at the premises of the college damaging part of the school's fence without any human casualty.
