THE Senate Committee on Land Transport was told on Tuesday, in Lagos, that the executive arm of government has suspended the $8.3 billion Lagos-Kano rail modernisation project. Former President Olusegun Obasanjo awarded the contract to China Civil Engineering Construction Company … read more
Management of the Nigeria Telecommunications Limited (NITEL) said it has begun the repair of its South Atlantic Terminal III (SAT-3) cable that was damaged on October 15. The company, in a statement issued in Abuja on Wednesday said it has … read more
The Economic and Financial Crimes Commission (EFCC) yesterday, withdrew the 163-count charge brought against former Chairman, Nigerian Ports Authority (NPA), Chief Olabode George, and five others bordering on alleged disobedience to lawful order, abuse of office and illegal award of … read more
The Economic and Financial Crimes Commission (EFCC) on Tuesday accused banks of facilitating money laundering crime in the country as well as hoarding information on financial crimes. The EFCC also said it was launching an all-inclusive probe into the banking … read more
Following the statement credited to the former Federal Capital Territory Minister to Gen Sani Abacha, Brigadier-General Jeremiah Useni (rtd), that the execution of former Ogoni leader, Ken Saro-Wiwa and other eight Ogonis was justified for the national interest, some Niger … read more
Chevron Corp. is responsible for the deaths, injuries and torture of unarmed Nigerians attacked in 1998 on an offshore drilling platform by soldiers summoned by the second-largest U.S. oil company, an attorney told a jury Tuesday. About 100 Nigerians boarded … read more
German Construction giants, Julius Berger Nigeria Limited says it is withdrawing from site in its section of the expansion of the East-West Road in the Niger Delta. A top official of the company, who spoke in Abuja yesterday during an … read more
The Commander of the Joint Task Force in the Niger Delta, Operation Restore Hope, Brig.-Gen. Wuyep Rimtip, has asked the Federal Government to ignore the calls for the withdrawal of the federal troops from the region. Rimtip said it was … read more
THE global economic meltdown is giving the Federal Government a lot of concern as it seeks new financial sources to survive. President Umaru Yar’Adua, addressing an international tax conference in Abuja on Monday, disclosed that the crisis had resulted in … read more
Air passengers using the Murtala Mohammed Airport in Lagos risk accidents as the radar system at the facility has broken down. The radar is a system that promotes the safe and fast movement of aircraft operating in the air or … read more