Death To Nigeria’s Steel Subsector: Long Live Nigeria Steel Subsector by Henry Agbonika
In the last couple of days, Ajaokuta Steel Company has resurfaced in the mainstream media with calls by various stakeholders for its resuscitation. No doubt the moribund steel plant conceptualized in 1958 holds lots of promises for the country. The…
Nigerians Blast FG For 50 Naira Transaction Charge
Nigerians have lambasted the N50 per 1000 naira transaction policy of the central bank of Nigeria. Those who spoke against the policy maintain across the nation that it would increase poverty mong the people who were already bearing the brunt…
Cameroon Slams N32bn Fine on MTN, Orange
MTN, Orange Telecommunications Outfits Fined over $160m in Cameroon Cameroon’s anti-corruption agencies have imposed a punitive fine for tax evasion on telecommunications giant, MTN. MTN and Orange telecommunications outfits were fined over $160 million with its naira equivalent about N32…
$5.2 billion Fine: MTN, NCC Opt For Out-of-Court Settlement
A Federal High Court sitting in Lagos has adjourned hearing on the suit filed by MTN Nigeria Communications Limited against the Nigeria Communications Commissio (NCC) over $5.2 billion, about N1.04 trillion, fine imposed on the telecommunication outfit till March 18….
Ugwuanyi Honoured in Ireland for Outstanding Leadership
Governor Ifeanyi Ugwuanyi of Enugu state has been honoured in Dublin, Ireland for his outstanding leadership both as governor of the state in the past months and his role as chairman of Nigeria’s House of Representatives committee on Marine Transport…
Port Harcourt, Kaduna Refineries Shut Down Over Militants’ Attacks
The Nigerian National Petroleum Corporation (NNPC) has been forced to close down operations at the Port Harcourt and Kaduna refineries over alleged sabotage activities by restive youths in the Niger Delta region. The Street Reporters learnt that the operational shutdown…
Angry Militants Pound Oil Installations As Soldiers Invade Gbaramatu
Niger Delta militants armed with General Purpose Machine-guns (GPMG) in several boats have resumed bombing of oil installations in the oil rich region, reports say. Militants in Warri South-West Local Government Area of Delta State were said to have attacked…
Osanebi Applauds Gov Okowa’s Commitment to Maintaining Law, Order
The Deputy Speaker, Delta State House of Assembly, Rt. Hon. Friday Ossai Osanebi, has commended Governor Ifeenyi Okowa and the Executive council of Delta State Government for their unalloyed commitment to maintaining law and order in order to boost investor’s…
Oil Bunkering: Court Remands 12 In Prison Over Illegal Dealings
Written By Paul Ladi, Lagos Justice Muhammad Idris of a Lagos Federal High Court, on Friday, ordered the remand of 12 suspected who were arraigned before the court on alleged illegal petroleum bunkering be the Economic and Financial Crimes Commission,…
N16.5m Theft: Two First Bank Staff Docked
Written By Paul Ladi, Lagos Police from Special Fraud Unit of Nigeria Police Force, on Wednesday, arraigned two bankers, Akani Kehinde, and Mustapha Abdulwaheed, before an Igbosere Magistrates Court, Lagos, for allegedly stealing the sum of N16.5 million belonging to…
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Jonathan Named International Person of the Year, Says Nigeria Shall Overcome Challenges
Former President Goodluck Jonathan, who was named International Persons of the Year, has stated that Nigeria will survive in 2016 regardless of the seeming problems before her. The African Sun Times, Africa’s number one and largest newspaper in America, had announced…
