Nigerian banks have expressed concern over the possibility of losing about N1 trillion they invested in the acquisition of the privatized assets of the Power Holding Company of Nigeria, PHCN. The banks are expressing fears that they may be unable to recoup their investment following the myriad of problems facing the sector. Group Managing Director/Chief…
In a bid to prevent any tension that may arise over the sharing of committees to delegates at the on-going National Conference, President Goodluck Jonathan, weekend, summoned the Chairman and members of the confab secretariat to his office for a crucial meeting. The meeting, according to a Presidency top source, was basically to enable Jonathan…
Assemblies of God Church Nigeria General Superintendent, Rev. Paul Emeka, suspended over allegations of misconduct, financial misappropriation and other matters by a group in the church, in this interview culled from Sunday Vanguard, fires back at his accusers, saying his only offence was that he tried to protect the church. The embattled Rev. Emeka (shown…
Minister of Power, Prof. Chinedu Nebo, disclosed at yesterday’s Palm Sunday, that coincided with his
Former presidential candidate on the platform of defunct National Republican Convention (NRC) in the 1993 general election, Alhaji Othman Bashir Tofa, has tongue-lashed some Nigerians who are propagating secession in the country, saying that any part of the country that wishes to secede should do it through peaceful approach to avoid blood shedding. Tofa said…
Many students travelling at the weekend to sit for the Unified Tertiary Matriculation Examination, UTME, in Borno State, were reportedly killed by the dreaded Boko Haram sect, in various attacks believed to have claimed over 200 lives in the past two days. The UTME, conducted by the Joint Admissions and Matriculation Board (JAMB) was held…
There were very strong indications at the weekend that the Peoples Democratic Party, PDP, governors who defected to the All Progressive Congress, APC, are ready to fully engage leaders of their new party, former military head of state, General Muhammadu Buhari, and former Lagos State governor, Bola Ahmed Tinubu, over the growing suggestion that both…
An elder statesman and a prominent traditional ruler, the Lamido of Adamawa, Alhaji Muhammadu Aliyu Mustapha, yesterday, declared that people from the Niger Delta region want to make it appear that Northerners are beggars or Almajiris. Lamido also explained that his reason for advocating that oil producing states should control their oil wealth was because…
Indications have emerged in Abuja that about 47 officers of the Nigerian Army including eight (8) Major Generals and some Brigadier Generals have been retired by the Nigerian Army in line with the terms and conditions of service. The retirements which flowed from the ranks of Major Generals, Brigadier Generals, Colonels and Lieutenant Colonels down…
Nobel Laureate, Professor Wole Soyinka, has warned Nigerians to beware of being pushed to the point where