The re-arraignment of Olugbenga Obadina, Chairman and Chief Executive Officer (CEO), Almond Projects Limited, on Monday, by the Economic and Financial Crimes Commission (EFCC) suffered a setback. Obadina is being prosecuted over his alleged involvement in the misappropriation of N33.2billion meant for the purchase of arms by retired Col.Continue Reading

  Lagos:   The Nigerian Maritime Administration and Safety Agency (NIMASA) says it has selected 12 Primary Lending Institutions (PLIs) that will disburse the long-awaited Cabotage Vessels Financing Fund (CVFF) at a single-digit interest rate. The Director-General of NIMASA, Dr Dayo Mobereola, disclosed this during a virtual meeting in Lagos onContinue Reading

   George Oshogwe Ogbolu Governors and top leaders of the Peoples Democratic Party (PDP) have converged at the Bauchi State Governor’s Lodge in Abuja for a high-level stakeholders’ meeting aimed at addressing the party’s lingering internal crisis. Among those present for the Sunday meeting were Governors Ademola Adeleke (Osun), Caleb Mutfwang (Plateau),Continue Reading

  President Bola Ahmed Tinubu has approved and submitted to the Senate a list of nominees for confirmation and appointment as board members of three key regional development commissions: the North-Central Development Commission (NCDC), South-West Development Commission (SWDC), and South-South Development Commission (SSDC). President Bola Tinubu The nominations were readContinue Reading

  ByTemitope Hassan The World Bank’s latest Africa’s Pulse report has projects a grim future for Nigeria, with poverty expected to rise by 3.6 percentage points by 2027. Released during the IMF and World Bank Spring Meetings in Washington, DC, the report cites Nigeria’s reliance on oil, economic fragility, andContinue Reading

  By The Commissioner of Police in Enugu State, Mr Mamman Giwa, on Saturday, led a comprehensive rural security patrol of communities within Uzo-Uwani Local Government Area. Speaking to journalists after the patrol, the commissioner said that the exercise was part of ongoing efforts to enhance security in rural communities.Continue Reading