Fitch downgrades Nigeria’s Economic Outlook from Stable to Negative
Fitch Ratings has revised the outlook on Nigeria’s long-term foreign currency issuer default rating (IDR) to ‘Negative’ from ‘Stable,’ but affirmed the country’s rating at ‘B+’. This comes about two…
Emir Sanusi accepts appoinment as Kano Emirate Council Chairman
Despite widespread media speculation that he will reject his appointment, the Emir of Kano, Malam Muhammad Sanusi II, Friday accepted his appointment as the Chairman Kano State Council of Chiefs.…
Dangote Refinery; A Pride to Africa — Nigerian Governors’ Forum
The Nigerian Governors Forum (NGF) has described the Dangote Refinery and Petrochemicals sited in Lagos as a pride to Nigeria and Africa.The NGF said the project would contribute immensely to…
House Reps adjourn for Christmas recess until January 28
The House of Representatives has commenced its yearly Christmas and New Year recess with an assurance that it would leave no stone unturned to ensure implementation of the N10.59 trillion…
Amaechi orders stoppage of work on Lagos-Ibadan Railroad
The Minister of Transportation, Rotimi Amaechi, on Friday ordered stoppage of work at Omi-Adio Railway Station under construction on Lagos-Ibadan standard gauge rail line over compromise of standards by the…
Interpol: Why we arrested, detained Adoke after return from Dubai
Former Minister of Justice and Attorney-General of the Federation (AGF), Mohammed Bello Adoke, who has been accused of complicity in an alleged fraud in OPL 245, otherwise known as Malabu…
Outrage as Buhari orders reconstitution of NDDC Board after forensic audit
President Muhammadu Buhari’s decision Thursday ordering the reconstitution of newly appointed board of the Niger Delta Development Commission (NDDC), which received backing from some Senators, has drawn the ire of…
Enugu landlord sues APC over two years unpaid rent
A landlord, Victor Kanaychukwu Ani, has dragged the Udi local government chapter of the ruling All Progressive Congress (APC) to court over two years rent arrears owed him by the…
Obaseki, Shaibu reject APC reconciliatory panel
The Obaseki/Shaibu Movement (OSM) has rejected the Senate President Ahmad Lawan-led All Progressives Congress (APC) National Reconciliation Committee constituted by the National Working Committee (NWC) to resolve the lingering crisis…
Senate tells DSS, AGF, others to submit memo on Court invasion
The Senate Thursday ordered the Department of State Services (DSS); the Attorney General of the Federation and Minister of Justice, Abubakar Malami and Femi Falana (SAN), counsel to the detained…