Bloomberg Makes Shocking Revelation About Buhari’s One Year In Office.

Muhammadu Buhari took office as Nigeria’s president a year ago on a wave of optimism that the ex-military ruler could revive a nation battered by falling oil prices and decades of corruption. Now, Africa’s biggest economy is on its knees, forcing Buhari to throw in the towel on a central pillar of his economic policy […]

Read More Bloomberg Makes Shocking Revelation About Buhari’s One Year In Office.

MUST READ: Nigeria’s Corporate Existence Is Negotiable, Against Buhari’s Stand – Punch Editorial.

“Buhari should hold a broad view of Nigeria. No action has been taken against the 12 northern states that declared Sharia in their domains in obvious violation of Nigeria’s secularity. Section 10 of the 1999 Constitution states, “The Government of the Federation or of a State shall not adopt any religion as State Religion,” but […]

Read More MUST READ: Nigeria’s Corporate Existence Is Negotiable, Against Buhari’s Stand – Punch Editorial.

Why the Avengers can never give up.

From indications within the guerilla group the Avengers, their mission is far from over as they renew their intentions to blow up every oil pipeline or super structure that is within the Niger Delta. The leader, captain Olotuowei speaking from a secured location in the creeks, said the Avengers are more determined than ever given […]

Read More Why the Avengers can never give up.

Buhari fails to keep promise to release details of looters, recovered assets.

President Muhammadu Buhari on Sunday failed to give specific details of recovered loot as part of his anti-corruption war during his Democracy Day speech, consequently reneging on an earlier promise he made to that effect. Mr. Buhari had on May 14 said in London that he would personally provide specific details of all recovered stolen […]

Read More Buhari fails to keep promise to release details of looters, recovered assets.

“Presidency Lists Buhari’s “75 Achievements” After First Year In Office.

BE THE JUDGE; The presidency has released President Muhammadu Buhari’s “achievements” in the last 12 months, ahead of tomorrow’s (Sunday) marking of the administration’s first year in office. The list as published by the News Agency of Nigeria contains the following: SECURITY:   The relocation of the Nigerian Military Command Centre to Maiduguri, since May […]

Read More “Presidency Lists Buhari’s “75 Achievements” After First Year In Office.

Controversial Sharia bill aimed at protecting Christians in northern Nigeria – Sponsor.

Abdullahi Salame, the lawmaker representing Gwadabawa/Illela federal constituency, Sokoto State, has dismissed insinuations that his controversial pro-Sharia bill is aimed at expanding the Islamic legal system across a secular Nigeria. Mr. Salame said his constitutional amendment proposal is actually designed to protect Christians from wanton attacks in Northern Nigeria. The long form title of the […]

Read More Controversial Sharia bill aimed at protecting Christians in northern Nigeria – Sponsor.

THE SELFISH REASON THE NORTH IS REFUSING REGIONAL AUTONOMY, RESOURCE CONTROL AND ALSO THE IMPLEMENTATION OF THE NATIONAL CONFAB REPORT OF 2015 – By Ifeanyi Baron Okugho.

– Have you forgotten the The EASTERN REGION EXPORTED PALM OIL and the likes back in the days? – Go back to history the NORTH REFUSED to be joined with other States because the groundnuts pyramid makes more money than the rest. – Ahmadu Bello KBE clearly stated it that THEY CANT USE THE RESOURCES […]

Read More THE SELFISH REASON THE NORTH IS REFUSING REGIONAL AUTONOMY, RESOURCE CONTROL AND ALSO THE IMPLEMENTATION OF THE NATIONAL CONFAB REPORT OF 2015 – By Ifeanyi Baron Okugho.

Nollywood Movie Producer Dickson Iroegbu Apologises To Former President Jonathan.

This apology was posted on Facebook yesterday Morning… Dear Dr. Goodluck Ebele Jonathan, I write to apologize on behalf of myself and the many repentant Nigerians like me who ganged up against your government in 2012. Your government’s policy to remove subsidy on the Premium Motor Spirit (PMS), popularly known as patrol was completely misconstrued […]

Read More Nollywood Movie Producer Dickson Iroegbu Apologises To Former President Jonathan.

Startling research findings on Fulani herdsmen, a must read. – By Proffesor Charles Adisa.

The Result of the Research about Fulani herdsmen. “FULANI HERDSMEN KILLINGS; MODUS OPERANDI, THOSE INVOLVED, AND THE POSSIBLE SOLUTIONS.   The most significant problem that African nations face is lack of leadership. Normally, Leadership should be an intentional conscious effort to attend to the people’s needs and aspirations. But in Africa, even though many of […]

Read More Startling research findings on Fulani herdsmen, a must read. – By Proffesor Charles Adisa.

NIGERIAN FULANI HERDSMEN AND TERRORISM.- By Proffesor Charles Adisa.

President Muhammadu Buhari recently claimed that herdsmen causing mayhem and committing terror acts all over the country are foreigners, specifically Libyans and not Nigerians.  I completely disagree with this narrative from no less a figure as our Commander in Chief and Father of the entire nation.  His comments amount to pure propaganda and image laundering […]

Read More NIGERIAN FULANI HERDSMEN AND TERRORISM.- By Proffesor Charles Adisa.

21 senators currently receiving pensions from government as ex-governors and deputy governors.

The current senators who once served as governors are;  Bukola Saraki of Kwara  Rabiu Musa Kwankwaso of Kano  Kabiru Gaya of Kano  Godswill Akpabio of Akwa Ibom Theodore Orji of Abia  Abdullahi Adamu of Nasarawa  Sam Egwu of Ebonyi Shaaba Lafiagi of Kwara  Joshua Dariye of Plateau  Jonah Jang of Plateau Aliyu Magatakarda Wamakko of […]

Read More 21 senators currently receiving pensions from government as ex-governors and deputy governors.

COMMITTING ECONOMICIDE.

The Central Bank of Nigeria, CBN, yesterday, announced a flexible exchange rate regime assumedly and supposedly aimed at making foreign currencies more accessible. With this action, the CBN has eventually nullified the official exchange rate regime of N197/dollar. CBN announced a free floating forex regime where the exchange rate will be determined by supply and […]

Read More COMMITTING ECONOMICIDE.

“We are Igbos, but denied being Igbo because of the  Biafran War” says Ikwerre youths.

By Adiele Samuel Ikwerre youths have stated that, according to history, the people of Ikwerre are actually Igbos. The youths, in a letter signed by one of their leaders, Adiele Samuel, explained that the reason they were forced to deny their Igbo roots was to avoid persecution and being disadvantaged in Nigeria during and after […]

Read More “We are Igbos, but denied being Igbo because of the  Biafran War” says Ikwerre youths.

Emperor, the Avengers have landed!.

As the country burns and boils in the vortex of lawlessness, civilian dictatorship and maladministration, emergency armchair analysts have started with their psychoanalysis of the Avengers. The Avengers, the new militant group who seems to have taken over from where MEND left off, are now joined by other similar groups in the region. The evolving […]

Read More Emperor, the Avengers have landed!.

“Missing” N30 Trillion: Okonjo-Iweala Rebuts SERAP, Takes Legal Action

Our attention has been drawn to media reports regarding a court judgment alleged to have been entered against the Federal Government of Nigeria and Dr. Ngozi Okonjo-Iweala in respect of an action by the Socio-Economic Rights Agenda (SERAP) pursuant to the Freedom of Information Act. The High Court, according to the media reports, ordered the […]

Read More “Missing” N30 Trillion: Okonjo-Iweala Rebuts SERAP, Takes Legal Action

FREE TRILLIONS FOR BUHARI.

As a staunch GEJ supporter, I want to help Buhari with trillions of naira for the sake of my countrymen and women who are bearing the brunt of Buhari’s poor economic policies. Dear President Buhari, 1.) Go to the 36 governors that served with Olusegun Obasanjo from 1999 – 2007. Offer them immunity from prosecution […]

Read More FREE TRILLIONS FOR BUHARI.

Lest we forget: Flashback analysis: Borno Governor Shettima, caused chibok schoolgirls kidnap – WAEC.

*The Borno state government also refused to relocate the students from Chibok to safer places like Maiduguri. The kidnap of over 250 schoolgirls in Chibok may not have occurred if the Borno State Government had heeded the advice of an examination body, fresh facts have emerged. Aware of the poor security situation in Borno and […]

Read More Lest we forget: Flashback analysis: Borno Governor Shettima, caused chibok schoolgirls kidnap – WAEC.

HARDTALK: Nigeria Is An Embarrassment To The Black Race – Pat Utomi.

After taking a critical look at the leadership of Nigeria from the 1960 independence to the present Nigeria, Prof. Pat Utomi, president of Lagos Business School, described Nigeria as an embarrassment to the black race. According to him, Nigerian leaders have failed the nation, maintaining that in the ranking of failed states in the world, […]

Read More HARDTALK: Nigeria Is An Embarrassment To The Black Race – Pat Utomi.

JUST IN! Ezeife To Buhari: Crushing Niger Delta Militants may Spell Doom For Nigeria.

Former governor of Anambra State, Dr. Chukwuemeka Ezeife has warned the Federal Government that any attempt to crush Niger Delta militants may spell doom for the country. Speaking with Daily Sun on the state of security in Nigeria, Ezeife urged President Muhammadu Buhari to engage militants and other aggrieved people from the South-South and South-East […]

Read More JUST IN! Ezeife To Buhari: Crushing Niger Delta Militants may Spell Doom For Nigeria.

The position of the NLC.

1. The Federal Government through the Minister of state and Group Managing Director of the Nigerian National Petroleum Corporation (NNPC) Dr. Ibe Kachikwu, Wednesday last week withdrew PETROL or premium motor spirit (PMS) subsidy, raising the price from N86 to N145 per litre, an increment of over 67 percent. 2. This neo-liberal policy of government […]

Read More The position of the NLC.

ECOWAS Court gives FG 24 hours to justify Dasuki’s detention.

Economic Community of West African States (ECOWAS) Court has ordered the Federal Government to justify the detention of former National Security Adviser (NSA) Colonel Mohammed Sambo Dasuki (rtd) in one day.‪ The court also ordered the detained retired army officer to make out his case against government challenging his detention since December last year in […]

Read More ECOWAS Court gives FG 24 hours to justify Dasuki’s detention.

Tension In Aso Rock, Only 3 Ministers Have ‘access’ To Buhari; Osinbajo Demoralized.

Only three members of President Buhari’s Federal Executive Council have access to President Buhari, investigations have revealed. The three ministers, former governor of Lagos State, Babatunde Fashola, former Chief of Army Staff, Lt. General Abdulrahman Dambazzau and former governor of Rivers State, Rotimi Amaechi, we gathered are the privileged trio who barely enjoy access to […]

Read More Tension In Aso Rock, Only 3 Ministers Have ‘access’ To Buhari; Osinbajo Demoralized.

JUST IN! Father Mbaka Breaks Silence, Drops a Shocking Prophecy about Buhari’s administration. Imagine!!

Father Ejike Mbaka has allegedly made a new prophesy about President Muhammadu’s administration. The controversial priest stated that the beginning of Muhammadu Buhari’s Government will be difficult.  He added that there will be suffering and crisis but the end it will be joyous and great. Below is what Mbaka Said. “Listen fellow Nigerians, as it […]

Read More JUST IN! Father Mbaka Breaks Silence, Drops a Shocking Prophecy about Buhari’s administration. Imagine!!

The IMF loan Buhari does not need.

Christine Lagarde President, IMF 1900 Pennsylvania Avenue Washington DC, NW United States May 16, 2016 Dear President, 1) There is every likelihood you missed a lot of what’s driving Nigeria on your most recent visit. This was expected given that on a strictly business trip you couldn’t meet with ordinary Nigerians to feel their pulse, […]

Read More The IMF loan Buhari does not need.

“Your Change is causing despondency – Okogie tells Buhari.”

The Archbishop Emeritus of the Catholic Archdiocese of Lagos, Cardinal Anthony Olubunmi Okogie, has asked President Muhammadu Buhari to urgently retool, refocus and aggressively lead by example on all fronts or risk plunging Nigeria into a state of despondency. In a statement released by the Director of Social Communications of the Diocese, Monsignor Gabriel Osu, […]

Read More “Your Change is causing despondency – Okogie tells Buhari.”

Is Nigerian leader’s pal ‘fantastically corrupt’? Friend of African president accused of stealing £500million.

* Muhammadu Buhari seen by some as leading the battle against corruption. *But worrying allegations swirl around one of Nigerian leader’s close allies. *Rotimi Amaechi accused of misappropriating £338m commission probing sale of state assets. *Also accused of diverting £140m of state funds into Buhari’s presidential campaign. When David Cameron was caught on camera last […]

Read More Is Nigerian leader’s pal ‘fantastically corrupt’? Friend of African president accused of stealing £500million.

BREAKING: Fresh crisis in PDP as Jerry Gana and  others allegedly ‘sack’ party chairman Modu Sheriff.

Fresh crisis has erupted in the opposition Peoples Democratic Party after a former Minister of Information and a founding member of the party, Jerry Gana, led a group of other leading members to announce the takeover of the party from its national chairman, Ali Sheriff. Mr. Gana, who appears to head a group within the […]

Read More BREAKING: Fresh crisis in PDP as Jerry Gana and  others allegedly ‘sack’ party chairman Modu Sheriff.

Open letter to President Francois Hollande in advance of his visit to Nigeria.

Francois Hollande President of France 55 Rue du Fraubourg Elysee Palace, Paris France May 2016 Dear Sir, The upcoming bilateral terrorism talks _____________________________________ 1) Kindly permit me to salute you through this open letter whose season started some years ago and made popular by no other than our own former president, Olusegun Obasanjo. You might […]

Read More Open letter to President Francois Hollande in advance of his visit to Nigeria.

Militants threaten Atiku, Danjuma, Lukman, other oil bloc owners.

NIGER- DELTA Avengers, Thursday, listed some oil blocs allegedly owned by former Vice President, Alhaji Atiku Abubakar, former minister of Defence, General Theophilus Danjuma, ex-Minister of Petroleum, Alhaji Riwalnu Lukman, other Northerners and South-Westerners in the Niger-Delta region and issued them a two-week ultimatum to shut down operations and evacuate the workers from the locations […]

Read More Militants threaten Atiku, Danjuma, Lukman, other oil bloc owners.

Buhari Is Not Grounded In The Economy And Foreign Affairs – Obasanjo.

Olusegun Obasanjo says though President Muhammadu Buhari might not be grounded in the economy, he is doing well in his fight against corruption and the battle against insurgency. According to The Nation, Obasanjo said this at Covenant University, Ota, Ogun state, during a conference on African Development. “PMB served under me and I know him […]

Read More Buhari Is Not Grounded In The Economy And Foreign Affairs – Obasanjo.

David Cameron says ‘Nigeria fantastically corrupt’ ahead of Buhari’s visit.

David Cameron: calls Nigeria fantastically corrupt. President Muhammadu Buhari should read this before jumping on his presidential jet for the journey to London. He may shelve the trip and if he insists on going, he may not shake hands with Prime Minister, David Cameron. His host, Cameron has demonstrated no iota of regard for him […]

Read More David Cameron says ‘Nigeria fantastically corrupt’ ahead of Buhari’s visit.

LIVE UPDATES: Senate President Saraki’s trial resumes at the Code of Conduct Tribunal.

Oblong Media is bringing you live updates as hearing resumes in the landmark case of Senate President, Bukola Saraki, at the Code of Conduct Tribunal headquarters in Abuja. Today’s proceeding was expected to commence at 10:00 a.m., but the tribunal chairman has not arrived. Mr. Saraki arrived at exactly 10:00 a.m with his aides and […]

Read More LIVE UPDATES: Senate President Saraki’s trial resumes at the Code of Conduct Tribunal.

43 Nigerian Students Make History At Howard University Convocation With Obama In Attendance.

History was made yesterday at Howard University 148th Commencement convocation in Washington D.C. Out of 96 graduating Doctor of Pharmacy candidates, 43 were Nigerians. Out of 27 awards given, 16 went to Nigerians. President Barack Obama was awarded a honorary Doctor of Science degree. Delivering the keynote speech at Howard University’s commencement ceremony, President Obama […]

Read More 43 Nigerian Students Make History At Howard University Convocation With Obama In Attendance.

Rampaging Herdsmen: The Bloody Nerve of The Threat of Northern Politicians! – By Ken Tadaferua.

Do not turn your personal businesses into an ethnic or regional political affair. Do not make your personal business one in which all Nigerians must bear your costs while you milk the profits for yourself. And when the people cry over the destruction of their own income, when they mourn the still warm bodies of […]

Read More Rampaging Herdsmen: The Bloody Nerve of The Threat of Northern Politicians! – By Ken Tadaferua.

N840 million cash receipt: Fani-Kayode gets condition for bail.

Spokesman of the Jonathan Campaign Organisation, Mr. Femi Fani-kayode, who appeared before the Economic and Financial Crimes Commission over the receipt of N840 million campaign fund last year, was questioned today for many hours by operatives of the commission. The former minister, who arrived the EFCC headquarters on Formella Street, Wuse 2, at 9:45 am, […]

Read More N840 million cash receipt: Fani-Kayode gets condition for bail.

Nigeria orders probe of officials accused of embezzling Global Fund grants.

The Nigerian government has directed the country’s anti-corruption agency, the Economic and Financial Crimes Commission (EFCC) to launch full investigation into the alleged misappropriation of Global Fund Grants Nigeria received from 2010 to 2014. The Minister of Health, Isaac Adewole, said, “President Muhammadu Buhari GCFR gave the directive as part of government’s effort and commitment […]

Read More Nigeria orders probe of officials accused of embezzling Global Fund grants.

World in Shock as Another Popular UK Tabloid Exposes Buhari; Opens Can of Worms.

“…president Buhari’s anti-corruption war is a sham!” Found this report on UK Daily Mail this morning. Ahead of the anti-corruption summit to be hosted by David Cameron, MailOnline has claimed that president Buhari’s anti-corruption war is a sham. They claim that his 16-year-old daughter, Hanah attends a top UK school at £26000 (N11.9million) a year, […]

Read More World in Shock as Another Popular UK Tabloid Exposes Buhari; Opens Can of Worms.

Panama Papers Go Online; Tinubu & Saraki Files Thrown Open.

The Panama Papers scandal will deepen around the world today when the International Consortium of Investigative Journalists puts most of the digital cache of documents online, accessible to all. The ICIJ said it will release the documents in a searchable database at 1800 GMT on Monday accessible to the public at offshoreleaks.icij.org. The US-based organization […]

Read More Panama Papers Go Online; Tinubu & Saraki Files Thrown Open.

Buhari queries AGF for failing to recover N300bn hidden in Nigerian banks.

As Minister denies wrong-doing ‎President Muhammadu Buhari has asked the Attorney General of the Federation and Minister of Justice, Abubakar Malami, SAN, to respond to an allegation that he refused to recover N300 billion allegedly hidden in some Nigerian banks after his attention was drawn to the money by Dr George Uboh and his company, […]

Read More Buhari queries AGF for failing to recover N300bn hidden in Nigerian banks.

Herdsmen Attack: S/East Govs Are Cowards, Niger Delta Militant Spits Fire..

Niger Delta Militant, under the aegis of Concerned Militant Leaders (CMLs), have described governors in the region, particularly those in the South-east, as cowards, for keeping mute, in the face of repeated provocation by Fulani herdsmen. Also, they have threatened to bomb more oil installations in the region. The militants yesterday, lambasted state governors in […]

Read More Herdsmen Attack: S/East Govs Are Cowards, Niger Delta Militant Spits Fire..

Nigerian Lady Florence Eshalomi Elected For Lambeth And Southwark.

Nigerian FLORENCE ESHALOMI has been confirmed as a newly elected member of the London Assembly after the final result confirmed her early lead delivered a Labour hold for the Lambeth and Southwark constituency. The proud mum of one and long standing Brixton resident quickly celebrated the good news with followers on social media tweeting: “Feeling […]

Read More Nigerian Lady Florence Eshalomi Elected For Lambeth And Southwark.

PDP’s ‘ 16 Years of Rot’

 Since the All Progressives Congress (APC) made it to the seat of power in 2015, it has been doing what it knows how to do best: bristling and spewing propaganda. The unfortunate thing here is that while it got away with it as an opposition party, it is proving a different kettle of fish […]

Read More PDP’s ‘ 16 Years of Rot’

Where Do You Expect Us To Keep Over 20 Million Cows – Cattle Breeders Ask Nigerians.

The Miyetti Allah Cattle Breeders Association of Nigeria, MACBAN, has sided with Fulani herdsmen over the lingering violent clashes between them and landowners across the country, wondering where Nigerians expect cattle breeders to keep the over 20 million cows in the country.       They spoke in Abuja on Wednesday during a meeting MACBAN […]

Read More Where Do You Expect Us To Keep Over 20 Million Cows – Cattle Breeders Ask Nigerians.

Assets Declaration: I am not declaring my assets to the public anymore. – Buhari To CCB.

The Integrity challenged government of President Muhammadu Buhari has suffered another blow, as the President himself has declared to the Code of Conduct Bureau (CCB) that he will no longer make a public declaration of his assets as he promised Nigerians during the election.    Buhari who has distanced himself from the over 201 campaign […]

Read More Assets Declaration: I am not declaring my assets to the public anymore. – Buhari To CCB.

Perspective: Onitsha bomb explosion & the limits Of Police spinning/distorted facts – Emeka Umeagbalasi.

“Spinning” is a police public relations methodology, designed to reduce deceitfully, the gravity of casualty figures, property destructions and distortion or suppression of general facts associated with social vices or disturbances; for the purpose of manipulating public opinion and saving police image or sustaining its mechanical legitimacy.  In other words, it is a sustained distortion […]

Read More Perspective: Onitsha bomb explosion & the limits Of Police spinning/distorted facts – Emeka Umeagbalasi.

Read Goodluck Jonathan’s Message As He Remembers Ex President  Umaru Musa Yar’ Adua.

Goodluck Jonathan was the vice president during the administration of Yar’Adua who was the President of Nigeria from 2007 to 2010 and he (Yar’ Adua) died on May 5 shortly after he returned to Nigeria following the treatment of pericarditis in Saudi Arabia. Umar Musa Yar’ Adua and Goodluck Jonathan. Jonathan was made acting president […]

Read More Read Goodluck Jonathan’s Message As He Remembers Ex President  Umaru Musa Yar’ Adua.

‘Stop EFCC From Torturing Me To Indict Ex-president Jonathan’ – Robert Azibola Begs Court.

The detained cousin of former President Goodluck Jonathan, Robert Azibaola, has urged a Federal High Court in Lagos to declare as unlawful any attempt by the Economic and Financial Crimes Commission to force  him to cook up an indictment of  the ex-President. In a fresh suit filed on Wednesday, Azibaola’s lawyer, Ebun-Olu Adegboruwa, claimed that […]

Read More ‘Stop EFCC From Torturing Me To Indict Ex-president Jonathan’ – Robert Azibola Begs Court.

Federal Allocation To Each State In March 2016.

. 1. Akwa Ibom – N8,945,542,072.36 2. Delta – N6,520,473,654.16 3. Lagos – N5,806,821,749.32 4. Rivers – N4,887,442,606.31 5. Kano – N3,613,387,002.51 6. Kastina – N 2,845,760,627.20 7. Kaduna – N2,803,408,785.61 8. Borno – N2,665,210,123.06 9. Jigawa – N2,563,114,698.48 10. Sokoto – N 2,327,122,322.29 11. Anambra – N2,313,676,693.37 12. Kogi – N2,294,573,542.45 13. Bauchi – […]

Read More Federal Allocation To Each State In March 2016.

BREAKING: FINALLY, SANUSI CONFESSES…SEE WHO LEAKED OBASANJO’S LETTER TO…

In an explosive interview, former CBN governor and current Emir of Kano, Sanusi Lamido Sanusi has revealed that former governor of Rivers state and current Minister for transport, Rotimi Amaechi was responsible for leaking Former president, Olusegun Obasanjo’s letter to Jonathan over a missing sum of $20 billion to the media.   Sanusi had written […]

Read More BREAKING: FINALLY, SANUSI CONFESSES…SEE WHO LEAKED OBASANJO’S LETTER TO…

Nigerian Senate moves to criminalize lecturers and  students sexual relations; plans 5-year jail term.

A bill for a law which prescribes five-year jail term for lecturers who engage in sexual relationship with students passed its first reading in the Senate on Wednesday. The bill, sponsored by Ovie Omo-Agege (Labour-Delta Central) and co-sponsored by 46 other senators, seeks to completely prohibit any form of sexual relationship between lecturers and their […]

Read More Nigerian Senate moves to criminalize lecturers and  students sexual relations; plans 5-year jail term.

EXCLUSIVE : EFCC ARRESTS FORMER IMO GOVERNOR ACHIKE UDENWA FOR COLLECTING N350 MILLION FROM SO CALLED ARMS FUND.

The Economic and Financial crimes commission,(EFCC) has nabbed a former governor of Imo state, Achike Udenwa for collecting N350 million of the so called arms fund through embattled ex-minister, Esther nenadi Usman. Nenadi was detained by the EFCC for allegedly receiving N2.5 billion of the N4 billion taken out of the Central Bank of Nigeria, […]

Read More EXCLUSIVE : EFCC ARRESTS FORMER IMO GOVERNOR ACHIKE UDENWA FOR COLLECTING N350 MILLION FROM SO CALLED ARMS FUND.

Nigeria’s Attorney General in catfight with recovery agent over stolen assets.

The claims by a government-appointed recovery agent, George Uboh, that the Attorney General of the Federation, Abubakar Malami, is undermining efforts by the current administration to recover stolen money have degenerated into a dogfight, with the attorney general saying Mr. Uboh deceitfully obtained federal consent for the job by concealing his criminal past. At a […]

Read More Nigeria’s Attorney General in catfight with recovery agent over stolen assets.

Moody’s finally downgrades Nigeria

Moody’s Investors Service, better known as Moody’s, has finally downgraded Nigeria’s long-term issuer ratings from Ba3 to B1. B1, B2 and B3 are judged to “have speculative elements and a significant credit risk”, while Ba1, Ba2 and Ba3 are seen as “speculative and a high credit risk”. Moody’s has also assigned a stable outlook after […]

Read More Moody’s finally downgrades Nigeria