NewsPol

With gratitude to the Lord for a brilliant and courageous life well spent, the Obumselu family of Ezelle, Oba, Anambra State, announces the death of their son, Prof. Benedict Ebelechukwu Obumselu which took place on Saturday, March 4, 2017, in Lagos. He was aged 86. Obumselu, born on September 22, 1930, was a formidable academic […]

The Comptroller-General of Customs, Compliance Task Force, has revealed that the 223 vehicles, 13 of which belong to a senator in Kano State were impounded. Other items, including foodstuff worth N269.5m in Kano and Jigawa states within eight months, the Task Force said. The Task Force Zonal Commander, Mr. Bala Dole, made this known in […]

… MRS never expropriated NNPC products. …NNPC has over 3 Million liters of MRS products Our attention has been drawn to the recent publications both in the print, electronic and social media alleging that products throughput by NNPC in our terminal was expropriated. While we ordinarily would not comment on issues like this, it is […]

United Bank for Africa (UBA) Plc, the pan-African financial services group, operating in 19 African countries, has released its audited 2016 full year results, showing significant growth in gross earnings and profits, an attestation to its resilience, enhanced productivity and geographic diversification, evident in the impressive contribution from its African subsidiaries. The Group recorded an […]

The Central Bank of Nigeria (CBN) has introduced new Forex rates and would no longer trade the naira at N375 per dollar for invisibles, such as school fees, medical bills and travel allowances. The apex bank made the announcement on Monday saying, Nigerians can now get the dollar at N360 across all commercial banks within […]

An aide to the President of the Senate, Dr Bukola Saraki has again denied any involvement of Saraki with the Paris Club Refund. A statement issued on Sunday by his Special Adviser on Media and Publicity, Yusuph Olaniyonu stressed that Saraki had no business with the refund as alleged. Reacting to a recent publication allegedly […]

The Economic and Financial Crimes Commission( EFCC) has frozen 15 accounts of some individuals and companies for the alleged diversion of N19billion from the London-Paris loan refund. Besides, about $183,000 (N71, 370,000) of  the loan refund has been traced to a jeweller’s account in Dubai. The anti-graft agency is probing a former  Heritage Bank Executive […]Read More

Nigeria’s telecommunications networks lost 1,275,573 internet users in February, the Nigerian  Communications Commission (NCC) has revealed.  South African Telco, MTN lost   714,700 subscribers out of the total, making it the highest loser. The NCC made the disclosure in its internet subscribers’ data for February. The publication indicated that internet users on both Global System […]Read More

The management of Addax Petroleum Nigeria Ltd., Saturday, confirmed that Geneva Prosecutor’s Office was conducting a criminal investigation into allegations focusing primarily on the company’s business in Nigeria. The company’s Communications Officer, Mr Michael Owhoko, confirmed the development in a statement in Lagos that the Chief Executive Office of its Geneva Office, Zhang Yi and […]

Vice President Yemi Osinbajo has promised that the Federal Government will take urgent measures to include Abia in the amnesty programme designed for for oil-producing areas. Osinbajo made the promise on Friday in Umuahia during a town hall meeting with representatives of different groups from the oil-producing commumites in the state, comprising traditional rulers, women […]

The Department Of State Security has revealed to the Attorney General of the Federation what it told the Senate that made it refuse to confirm Magu as chairman of EFCC twice. The DSS made the revelation in a letter whose copy was obtained by www.www.aso.rocks search engine on Friday. The letter signed by Folasade Bello […]

The General Court Martial (GCM), of the Nigerian Army on Friday passed a verdict demoting a captain, Mathew Aroye, to 2nd lieutenant after finding him guilty of gross indiscipline. The President of the GCM, Olusegun Adeniyi, a brigadier general, gave the verdict during its sitting in Maiduguri. Mr. Adeniyi said: “Captain Aroye, having found you […]