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Risky Diamond Debt: Standard Chartered Lose $400 Million… owe about $1.7 billion

[dropcap]F[/dropcap]resh report Thursday revealed that since 2013, Standard Chartered has accumulated about $400 million in actual and provisioned losses on a portfolio of...

The Day in Pictures: Osinbajo visits Benue Flood Victims

Vice President Yemi Osinbajo, visit victims of the Benue flood at the Ultra Modern International Market where they have been camped, bringing a...

FG Launches Pre-Offer Roadshow for N100 Billion Sukuk

The Debt Management Office, DMO, today kicked off activities preparatory to the Issuance of the much awaited N100 billion non-interest bearing bond popularly...

Obama slams Trump’s ‘cruel’ amnesty move

In a rare re-entry onto the political stage, former US president Barack Obama decried his successor’s decision to end an amnesty for 800,000...

Why suspended Babachir won’t return as SGF

[dropcap]P[/dropcap]resident Muhammadu Buhari is set to announce that the administration is pursuing disciplinary action against suspended  secretary to the federal government Babachir Lawal. Per...

Eccentric Fayose fires chief press secretary in latest purge

Ekiti State Governor, Ayodele Fayose, has fired his Chief Press Secretary, Mr. Idowu Adelusi,  over “dereliction of duty, according to a statement by his...

Presidency reacts to killing of Kingsley Ikeri by police in South Africa

[dropcap]T[/dropcap]he death of Kingsley Ikeri, the 27 year-old business man and Nigerian citizen who was  killed last week by South African police, was...

Court annuls presidential polls in Kenya

Kenya’s Supreme Court has nullified President Uhuru Kenyatta’s election win last month and called for new elections within 60 days, shocking a country...

Notorious kidnap kingpin, Evans, 5 others arraigned in Lagos, plead guilty, remanded in prison

Notorious multi-billionaire kidnap kingpin, Chukwudumeme Onwuamadike, a.k.a Evans and five others were on Wednesday arraigned at an Ikeja High Court in Lagos several...

Suicide Bombing Kills Five At Bank In Kabul

Afghan officials say a suicide bomber has blown himself up at a bank in the center of Kabul, killing at least five people...

Repatriation of Corruption Proceeds: We are working with US government, says VP

The Vice President Yemi Osinbajo Monday disclosed that Nigeria has reached out to the US government to step up its assistance in ensuring that corrupt...

Suspected Boko Haram extremists kill 16 in north Cameroon

YAOUNDE, Cameroon (AP) — Residents say suspected Boko Haram extremists killed at least 16 people and burned homes in two villages in Cameroon’s...

Corruption rendered Nigeria’s economy prostrate – Ndoma-Egba

[dropcap]C[/dropcap]orruption can no longer be viewed as the “victimless crime”. Corruption is a crime against humanity. Corruption has existed since time immemorial; even...

Corruption: Samsung heir sentenced to five years jail

The heir to the Samsung business empire, which includes the world’s biggest smartphone maker, was sentenced Friday to five years in prison for...

Nigeria’s oil output in July slightly below 1.8 barrels per day, says Kachikwu

Minister of Petroleum, Dr Ibe Kachikwu has revealed that Nigeria’s oil production, excluding condensates, was slightly below 1.8 million barrels per day in...

Bribe Allegation: Senator Misau Left Force Dubiously – Police

BY AMOS DUNIA The Nigeria Police Force on Thursday said the Senate Committee Chairman on Navy, Senator Isah Hamman Misau, was an ex-Police...