Fires Razes 4 Buildings, Over 50 Stalls In Labawo Market Ibadan
An early morning inferno in the popular Labawo Market, Ogunpa, Ibadan yesterday claimed the wares of traders running into millions of naira as 4 buildings and 50 shops were engulfed in flames. However, no life was lost in the unfortunate incident. The market is reputed for stocking all sorts of chemicals, leather and building materials [...]
Read More →President Jonathan to Forward Names of Replacement for Power, Defence Minister to Senate On House Resumption
President Goodluck Jonathan has directed the Minister of State for Power, Mr Darius Ishaku to take charge of the Ministry of Power pending when a new Minister is appointed. Jonathan who made the disclosure at the inauguration of the reconstituted Presidential Action Committee on Power and Presidential Task Force on Power said he would forward [...]
Read More →Dana Airline To Resume Operations As Federal Government Lifts Ban
Following rigorous technical, operational and financial audit on Dana Airline after the June 3rd crash of one of its planes which claimed the lives of all 153 passengers on board, the Federal Government has cleared the airline to resume its operations. The move has generated outcry from Labour activists, Lawyers and families of the victims of [...]
Read More →Minister of Petroleum’s Sudden Trip to UK Fuels Speculations
The Minister of Petroleum Resources, Mrs. Dieziani Alison-Madueke trip to the UK has fuelled speculations about the reason for her trip. The minister who is not on leave, suddenly left for the United kingdom last week. Most have speculated that she travelled for medical reasons while others have said that she travelled for a ‘personal matter’. The Director [...]
Read More →Nigerian Navy Rescues Singaporean Oil-Tanker from Pirates
The British Broadcasting Corporation (BBC), reports that a Singapore-owned oil tanker hijacked by pirates, Tuesday, has been rescued by the Nigerian Navy. The oil tanker which had 23 Indian sailors on board, was seized in the Gulf of Guinea, but was freed by the Navy who sent in two ships and a helicopter to the scene. All crew members are reported [...]
Read More →Cynthia Okosogu Murder: Police Recover Nude Photos of Murdered Victim, Others
The investigating team of the Cynthia Okosou murder have hit pay dirt. The police have recovered nude photos of the murdered girl and other victims from a laptop belonging to one of the suspects. The photos which numbered up to 50, showed the victim while she was being sexually assaulted with bite marks all over her [...]
Read More →State Governors Not Favourably Disposed to Introduction of N5000 Note
Just a few hours after the approval of the National Economic Management Team on the new currency, there are indications that state governors are not favourably disposed introduction of the new currency. According to state governors, they were not informed of the approval of the plan to introduce the new currency, stating that to the best of their [...]
Read More →Federal Government to Take Charge of Reconstructing Lagos-Ibadan Expressway
The Federal Government has decided to take over the reconstruction of the Lagos – Ibadan expressway from construction firm Bi-Courntey. Bi – Courtney has been on the job since 2009 and are currently still in talks with the Federal government as to the early construction of the roads. In a press briefing, Minister of Works, Mr Mike Onolememen, [...]
Read More →EFCC Tackles NGO’s; Calls Them Avenues For Money Laundering
The Economic and Financial Crimes Commission has launched an attack on NGO’s within the country, labelling them as money laundering units. The head of the Special Control Unit against Money Laundering, Angela Nworgu, levelled these harsh allegations at the NGO’s in a seminar held for non-financial institutions at Abuja. She says that according to a research carried out by the Financial [.