The Italian construction company must really be in love with Mr President. Otherwise, why would they offer and why would Mr President accept a gift of a ‘whole’ church building donated to him in his personal capacity. This is happening at...

THERE seems to be no end to the pension fund scam. The Economic and Financial Crimes Commission (EFCC) yesterday said it has uncovered another N9billion fraud in the Police Pension Office. The cash was withdrawn between 2007...

Dangote Cement released its 2011 audited financial statements yesterday and the growth showed significant improvement over its 2010 results. Turnover was N 235.9 billion, up 16% from N 202 billion in 2010. Profit before tax was N...

The leadership of the National Assembly will meet President Jonathan today in order to iron out issues concerning the passage of the 2012 budget. The President, who is currently on a working vacation in Abuja will host...

The American ambassador to Nigeria, Terrence McCulley has stated that the American government is concerned about the state of poverty and corruption in Nigeria. The top diplomat stated his government will work towards alleviating poverty and fighting...

The Presidential spokesman, Reuben Abati, has termed comic calls for the President to be impeached over the church donated to his village by Gitto, an Italian construction company. Abati stated that the donation was not any form...

The All Share Index gained 0.41% today closing at 20,934.47, inching towards the psychological 21,000 mark. The performance of the bourse was driven largely by the continued rally in the banking sector as well as a marginal...

In March, 23-year-old UK Foreign Exchange trader Alex Hope made headlines for reportedly spending more than $320,000 on champagne at a Liverpool night club. Exactly one month later, he’s back in the news. But this time, instead of...

Following a series of media reports implicating UBA officials in the Police Pension fraud investigation, the management of UBA has released a press release in order to set the record straight concerning the allegations. Notably, the account...

The Group Executive Director (GED), Refining and Petrochemical, Nigerian National Petroleum Corporation (NNPC), Mr Philip Chukwu, in Kaduna, on Tuesday, said with the coming on stream of the three major refineries in Warri, Port Harcourt and Kaduna,...