…borrowing increased by 183% in six months By Kayode Tokede Banks and merchant banks have intensified borrowing from Central Bank of Nigeria (CBN) amid liquidity challenging facing the nation’s economy, Nigerian NewsDirect can report. Our correspondent also gathered that the…
The Chief Justice of Nigeria (CJN), Justice Ibrahim Muhammad has warned the new justices of the appellate court to resist temptations in whatever form they may come and focus on judicious discharge of their duties. Muhammad gave the warning when…
The Lagos House of Assembly has warned the 57 Local Governments and Local Council Development Areas (LCDAs) to desist from extorting operators of courier and logistics services in the state. The warning came in a resolution of the house, sequel…
The Chief Operating Officer, Refineries & Petrochemicals, NNPC, Mr Mustapha Yakubu has said there is no fraudulent dealing in NNPC’s planned equity participation in Dangote Oil Refining Company (DORC). Yakubu made the declaration on Monday in Abuja while briefing journalists. “Our…
By Seun Ibiyemi The administrative panel of Inquiry set up by the Minister of Transportation, Hon. Rotimi Amaechi, to investigate the activities of Nigerian Ports Authority (NPA) from 2016 to May 2021 has extended the deadline for memoranda submission by…
By Tobi Adetunji The Independent Corrupt Practices and Other Related Offences Commission (ICPC) will, on July 6, arraign Professor Dibu Ojerinde, former Registrar, Joint Admissions and Matriculation Board (JAMB), at the Federal High Court, Abuja, for alleged N900 million fraud.…
…FG addressing 10-point demand …says NOSDRA proactive in reducing spils by oil firms …NDDC forensic audit ready in July …response shows unseriousness, insincerity — PANDEF replies By Ayo Fadimu The Presidency has warned the militant group, Niger Delta Avengers that there…
A former Senator who represented Anambra South Senatorial District, Andy Ubah, has been declared winner of the governorship primary election of the All Progressives Congress (APC) in Anambra State. Ubah emerged winner in the primary election contested by 13 other…
Nigeria’s Vice President, Prof. Yemi Osinbajo, SAN, and Prof. Melaku Desta, a Professor of International Economic Law from the Leicester De Montfort University in United Kingdom will on Monday be part of a two-day physical and virtual capacity building for…
The Federal Government says it has no immediate plan to ban the importation of gas cylinders as part of its LPG expansion and implementation plan. The Senior Special Assistant on Domestic Gas in the office of the Vice-President, Mr Dayo…
