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Dasuki authorised payment of $40m to Jonathan’s cousin’s company – witness

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ABUJA, JUNE 28, 2016 - A prosecution witness, Ibrahim Mahir, has testified that retired Col. Sambo Dasuki authorised the payment of 40 million dollars...

Nigerian equity market drops further by 0.89%

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LAGOS, JUNE 28, 2016 - The market indices of the Nigerian Stock Exchange (NSE) on Tuesday, dropped further by 0.89 per cent due to persistent...

EFCC arraigns Fani-Kayode, ex-Finance Minister, 2 others for N4.9bn money laundering

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LAGOS, JUNE 28, 2016 - A former Minister of Aviation, Femi Fani-Kayode, was on Tuesday hauled up before a Federal High Court in Lagos...

Capital releases will no longer be automatic – Budget minister

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ABUJA, JUNE 28, 2016 - Sen. Udoma Udo-Udoma, Minister of Budget and National Planning, says capital releases will no longer be automatic as they...

CBN to sack banks’ CEOs over late publication of accounts

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LAGOS, JUNE 28, 2016 — The Central Bank of Nigeria (CBN) has said it will sack chief executive officer and chairman of any bank...

DTSG signs MoU for Delta Commercial City project.

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 28 JUNE 2016- Delta State Government Monday 27-06-16 signed a Memorandum of Understanding with Development Partners to kick- started the construction of the...

Euro 2016: England’s manager quits after loss to Iceland

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ABUJA, JUNE 28, 2016 - Roy Hodgson has resigned as England manager after his side suffered a shock 2-1 loss to Iceland on Monday...

Banking industry remains strong, sound – NDIC Report

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Lagos, June 28, 2016 - The Nigeria Deposit Insurance Corporation (NDIC) on Tuesday said that the nation’s banking industry remained strong and sound.The NDIC...

Court strikes out Ecobank’s petition to wind up Honeywell

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LAGOS, JUNE 28, 2016 - A Federal High Court sitting in Lagos and presided over by Justice Jude K. Dagat on Monday struck out...

Buhari questions benefit of currency float amid weakened naira

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ABUJA, JUNE 28, 2016 - President Muhammadu Buhari on Monday told a gathering of business leaders that he did not see the benefit of the...