The Economic and Financial Crimes Commission has taken credit for the sustenance of the stability gained by the naira over other foreign currencies. This position was contained in its annual report (2007) submitted to the Senate, a copy of which … read more
Bayelsa State police command has commenced investigation into the alleged kidnap of two officials of the Shell Petroleum Development Company (SPDC) along Okordia/Zarama road in the old Yenagoa local government area of the state. The kidnapped officers were identified as … read more
THE Nigerian Stock Exchange (NSE) has been on a free-fall since last Tuesday, when the management of the exchange removed the circuit breakers introduced to check the speedy slide in the prices of shares. In the four trading days (Up … read more
Did the House of Representatives spend a whopping N335million to purchase official vehicles for principal officers, including its Speaker, Dimeji Bankole and his deputy, Alhaji Usman Bayero Nafada? And if yes, did the contract pass the new anti-corruption posture of … read more
The death threat against six French hostages seized from an oil vessel off Cameroon on Friday has been lifted, a commander of a militia group involved in the attack said on Saturday. “We held a peace meeting last night (Friday) … read more
A fresh controversy has enveloped the House of Representatives over the purchase of a number of cars and other utilities totaling over N500 million. Funds for the purchases were said to have been generated from the virement of N1.5 billion … read more
The police is planning to take stiffer sanction against Mallam Nuhu Ribadu, the former chairman of the Economic and Financial Crimes Commission (EFCC), for taking the force to court over his demotion, Sunday Trust learnt yesterday. Ribadu Wednesday asked a … read more
AN area in Okochiri, Okrika, Rivers State, allegedly code named Evil Forest by Ateke Tom, militant leader, now wears a new look with a health centre built by Governor Rotimi Amaechi occupying the vast land. Ateke TomAteke Tom had been … read more
A US journalist’s rights group said on Friday that Nigeria is holding a US-based blogger without charge, in the second such incident in two weeks. Emmanuel Emeka Asiwe, editor of the Arlington, Massachusetts-based HuhuOnline website, which focuses on Nigerian politics, … read more
Armed gunmen in speedboats have kidnapped and threatened to kill 10 crew members from an oil vessel off the West African state of Cameroon. The vessel’s owners said those taken hostage were seven French nationals, two Cameroonians and a Tunisian. … read more