The Bureau of Public Enterprises (BPE) has unveiled the shareholding structure for the 11 distribution companies created from the unbundling of Power Holding Company of Nigeria (PHCN). By the structure, 70 per cent of each distribution companies will b...
Activities on the floor of Nigerian Stock Exchange yesterday witnessed a bullish rally after days of bearish trend following an upswing in value of most blue chip stocks that led to the appreciation of both market indices by 0.3 per cent. It would be r...
President Goodluck Jonathan has called on the Association of Professional Bodies of Nigeria (APBN) to ensure that it addresses developmental challenges and proffer solutions. The president who was represented by the Minister of Works, Mike Onolememen, ...
Following the appointment of Mr. Tony Elumelu as Chairman of Transnational Corporation of Nigeria Plc (Transcorp), at the group’s annual general meeting in Abuja last week, the corporation has announced a number of board changes to strengthen its...
A Southwark Crown Court in London yesterday remanded a former Delta State Governor, James Ibori, in a United Kingdom (UK) prison. The ex-governor is standing trial over his alleged involvement in cases of multiple frauds. The court also postponed the t...
Family members of the late Victor Eghaghe, a police constable at Esigie Divisional headquarters in Benin City, Edo State, told yesterday, how he was killed by his superior Sergeant Folorunso. The constable was allegedly killed in a scuffle that ensued ...
Leading Pan-African conglomerate, the Dangote Group, has donated N100m to the Lagos State government to assist in the rehabilitation of the victims of the recent flood disaster in the state. President of the group, Alhaji Aliko Dangote, made the donati...
Akwa Ibom State Governor, Godswill Akpabio, has said that all Nigerians can come together and fight all national challenges facing the nation by submitting to unity and good reason, further supported by dialogue. A statement by the Chief Press Secretar...
President Goodluck Jonathan will address the 66th Session of the United Nations General Assembly today. It will mark his second appearance at the annual event of the world body in New York. Jonathan who arrived New York on Monday night is expected to b...
The Senate is back, apparently with renewed vigour to confront the myriads of the nation’s problems that had piled up while they were away. But they all agreed that the amendment of the 1999 constitution would top their priority. UCHENNA AWOM wri...
It was like a scene from a Hollywood movie. Shortly after the Senate and the House of Representatives adjourned their proceedings and the lawmakers returned to their respective offices yesterday, word started going round that a bomb had been planted in...
Gombe State remains one of the safest states for investors in the country, according to the state governor, Alhaji Ibrahim Dankwambo, who said that his three-month-old administration has been able to address security challenges and other distractions t...
The Nigerian National Petroleum Corporation (NNPC) has agreed to offset the N450 billion owed the Federation Account. The minister of state for finance, Dr. Yerima Ngama, made this known at the end of the Federation Accounts Allocation Committee (FAAC)...
Ahead of today’s arraignment of Asiwaju Bola Ahmed Tinubu by the Code of Conduct Bureau (CCB) in Abuja, the former governor of Lagos State has alleged that the evidence used against him were manufactured by the attorney-general of the federation ...
The Senate will today screen the acting Chief Justice of Nigeria (CJN) Justice Dahiru Musdapher. Musdapher’s screening, which might be televised live , is in line with Section 231(1) of the 1999 Constitution as amended. Senate spokesman and Chair...