There seems to be no let-up in the controversy trailing the purchase of 380 cars by the House of Representatives as the State Security Services (SSS) yesterday interrogated the Clerk of the National Assembly, Alhaji Ibrahim Nasir Arab, Director of … read more
THE Federal Government has abrogated import levies on rice, textiles and sugar, ports terminal charges and plant hire charges. Government has also announced 30 per cent reduction in tariff charges, fees and fines by all regulatory agencies at the ports. … read more
Unidentified gunmen on Monday kidnapped a Lebanese engineer in southern Nigeria’s oil hub of Port Harcourt, police said. The man was abducted in late morning, Rivers state police spokeswoman Rita Abbey told AFP, adding that police were investigating the incident. … read more
A policeman on Monday reportedly shot and killed a commercial motorcyclist over an alleged N20 bribe at the 3-3 area of Onitsha, Anambra State. An eyewitness said a team of riot policemen attached to the 3-3 Police Division, who were … read more
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