Minister of Information, Lai Mohammed, has declared that there is nothing wrong in borrowing. He said what matters is that funds are invested in infrastructure…
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Category: Economy
China Loan: Amaechi Says “No Need To Panic, Nigeria Is Already Paying Back”
The Minister of Transportation, Mr. Rotimi Amaechi, has said that Nigeria is already repaying China loans. Amaechi stated this when he appeared on a live…
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FAAN denies allegation of stolen N750 million, admits breach of procurement process
The Federal Airport Authority of Nigeria (FAAN), has denied allegations of stolen N750 million from its coffers, as alleged by an online medium. The aviation…
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FAAN Reportedly Pays Staff Half Salary After Top Officials, Children Stole Over N750M
The Federal Airports Authority of Nigeria has come under fire for paying staff members half salary for the month of July. This is coming after…
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Why North Korea ‘Ghost Ships’ Wash Up In Japan Full Of Dead Bodies (Pics)
A study by non-profit Global Fishing Watch has helped to shed some light on the deadly phenomenon, which has seen rickety fishing vessels from North…
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Anti-corruption group asks Buhari to halt sale of oil wells worth $25b
President Mohammadu Buhari has been asked to halt the planned sale of some four oil wells in the country. The oil wells already put up…
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BREAKING: AfDB: Independent panel clears Adesina
An Independent Review Panel has exonerated the President of the African Development Bank (AfDB), Akinwumi Adesina, of any ethical wrongdoings. The panel was set up…
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Why I couldn’t expose corruption in NDDC – Kwankwaso
A former Governor of Kano State, Rab’iu Kwankwaso, has explained why he could not expose corruption in the Niger Delta Development Commission, NDDC, in 2010.…
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FG Approves ₦283.26 Billion, $18.12 Million For Customs Boats, Scanners
The Federal Executive Council on Wednesday approved two contracts totalling N283.255bn and a foreign component of $18.12m. The Minister of Finance, Budget and National Planning,…
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TRAVEL ADVISORY:Third Mainland Bridge to be shut from Friday
The federal government has announced a partial closure of the Third Mainland Bridge from midnight on Friday. The bridge will be closed for scheduled rehabilitation…
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