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Zamfara State Governor Dauda Lawal has challenged his predecessor and current Minister of State for Defence, Bello Matawalle, to step down and clear his name over allegations of sponsoring banditry and money laundering while he was governor. Lawal, who made the remarks in an interview on TVC on Wednesday, said if Matawalle still had integrity, he should have honorably resigned …

Investors in the Nigerian equity market went home with N444 billion at the close of trading on Wednesday. This follows the growth in stock prices of stocks such as SFSREIT (Skye Shelter Fund), HONEY FLOUR (Honeywell Flour Mill), and MEYER (Meyer Plc) among others on the trading floor. After five hours of trading in the capital market, equity capitalization increased …

Here are the top 10 stories making headlines across the country. 1. N80 billion fraud: Fresh drama as EFCC operatives storm Kogi Govt Lodge to arrest Yahaya Bello Officers of the Economic and Financial Crimes Eradication Commission (ECA) on Wednesday night surrounded the Kogi Government Lodge in Asokoro, Abuja, to arrest former Governor Yahaya Bello. Read more 2. Alleged 80 …

Controversy has gripped the alleged presence of former Kogi State Governor, Yahaya Bello, at the Economic and Financial Crimes Eradication Commission (EFCC) on Wednesday, with both sides providing conflicting details on the matter. The former governor’s media aide in a statement claimed that he worked at the commission’s office in Abuja and left the building without being questioned. However, the …

Officers of the Economic and Financial Crimes Eradication Commission (ECRC) on Wednesday night surrounded the Kogi Government Lodge in Asokoro, Abuja, to arrest former Governor Yahaya Bello. The drama surrounding the former governor’s case with the EFCC continued on Wednesday morning when the Director of his Media Team, Ohiare Michael, said in a statement that he had honoured the commission’s …

Former President Olusegun Obasanjo recently revealed the shocking story of how Nigeria almost lost a $280 million telecommunications deal due to the actions of General Abdulsalami Abubakar, a former military Head of State. Speaking at the launch of “The Catalyst: Nigeria’s ICT Evolution through the Lens of Journalism” in Lagos on Tuesday, Obasanjo said Abubakar had planned to award the …

Here are the top 10 stories making headlines across the country. 1. Revenue allocation drops by N155 billion as central, state and local governments share N1.2 trillion in August The three tiers of government on Tuesday shared a revenue allocation of N1.2 trillion for August. Read more 2. Aviation workers halt protest over 50% IGR cut The National Association of …

Nigeria’s equity market returned from the Eid-el-Mauldah holiday on Tuesday with a gain of N131 billion for investors. This follows a surge in the prices of shares such as FLOUR MILL, FBNH (First Bank of Nigerians Holdings), and VITAFOAM among others on the trading floor. After five hours of trading in the capital market, equity capitalization increased to N56.1 trillion …

Edo State Governor Godwin Obaseki has delayed the release of some arrested members of the Peoples Democratic Party (PDP) as a condition for his party to reach a peace agreement, ahead of the upcoming governorship election in the state. After a caucus meeting at Government House in Benin on Monday, Obaseki said, “If they are given guarantees, allowed to return …

Here are the top 10 stories making headlines across the country. 1. NEITI reports N3.473 trillion distributed to federal, state and local governments in Q2 2024 The Nigeria Extractive Industries Transparency Initiative (NEITI) announced on Monday that the Federation Account Allocation Committee (FAAC) distributed N3.473 trillion to the three tiers of government in the second quarter of 2024. This represents …