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The News Blog
May 7, 2016

Fidelity Bank MD ‘released’ by EFCC

The Managing Director of Fidelity Bank Plc, Nnamdi Okonkwo has been released by the Economic and Financial Crimes Commission (EFCC). Okonkwo was last week arrested, after being alleged to have helped former Petroleum Resources Minister, Diezani Allison-Madueke, disburse $115 million from the bank to electoral officials prior to the 2015 presidential election. He was arrested... Read More
The News Blog
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May 7, 2016

‘One day’, the Army will catch Niger Delta Avengers, who are ‘definitely not Nigerians’

The Defence authorities has said that ‘one day’, the ‘law will catch up with’ the Niger Delta Avangers – a group responsible for recent attacks on oil installations in the Niger Delta. The group first reared its head in April when it threatened to ‘continue blowing up pipelines until the Niger Delta people are no... Read More
The News Blog
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May 6, 2016

‘Economic terrorists’, ‘supervillains’; Niger Delta Avengers strike again

As if dealing with the scourge of the terrorist sect, Boko Haram and the rampaging Fulani herdsmen is not enough for the country, a new group of militants has reared its head in the Niger Delta. The group, which tagged itself ‘Niger Delta Avengers’ has claimed responsibility for the bombing of pipelines that link both Warri... Read More
The News Blog
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May 6, 2016

YNaija Says: It’s time for integrity-challenged Danladi Umar to withdraw from Saraki’s trial

It wouldn’t be far fetched to assert that the Nigerian judiciary has suffered an integrity crisis with the way the trial of Senate President Bukola Saraki at the Code of Conduct Tribunal, has been handled thus far. Repeated calls have been made for the chairman of the tribunal, Danladi Umar, to embrace some modicum of... Read More
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May 6, 2016

‘I hear your cries, I share your pains’ | 11 key quotes from Buhari’s budget signing address

President Muhammadu Buhari signed into the law, the 2016 budget on Friday, May 6 – almost six months after submitting the document to the National Assembly. During the budget signing ceremony, President Buhari said the following: 1. The budget is intended to signpost a renewal of our commitment to restoring the budget as a serious... Read More
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May 6, 2016

The moment President Buhari signed the controversial 2016 budget (PHOTOS)

After months of a seemingly endless back and forth between the National Assembly and Presidency, the Nigerian President, Muhammadu Buhari, on Friday, signed the 2016 Appropriation Bill into law. The budget was signed at 12 noon during a short ceremony at the Presidential Villa, Aso Rock. Present at the budget signing ceremony were the Vice President,... Read More
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May 6, 2016

Fani-Kayode ‘has a date’ with the EFCC

The Economic and Financial Crimes Commission (EFCC), on Friday, invited garrulous former Minister of Aviation and former PDP Presidential campaign organization Spokesperson, Femi Fani-Kayode, to report at the agency’s Abuja office on Monday, May 9, for questioning. The letter, which was signed by Mohammed Umar Abba on behalf of the Acting Chairman, Ibrahim Magu, was delivered to Fani-Kayode... Read More
The News Blog
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May 6, 2016

Diezani’s $115m: In 5 quotes, Senator Anywanu issues the ultimate denial

The Economic and Financial Crimes Commission is investigating the $115 million cash allegedly disbursed by Fidelity Bank on the instruction of the former Minister of Petroleum Resources, Diezani Alison-Madueke. Senator Chris Anyanwu was on Thursday, interrogated, regarding the N700 million she allegedly received out of the Diezani largesse. But the Senator, a former journalists, has... Read More
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May 6, 2016

Buhari receives ‘clean budget’ as Nigerians hope the ‘laundromat’ was thorough

President Muhammadu Buhari on Thursday, May 5, received from the National Assembly what is believed to be the ‘clean’ copy of the 2016 budget. The President is expected to sign the budget after studying it and conferring with his Ministers, especially those who had issues with the initial version of the document that was altered... Read More
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May 6, 2016

‘We have a lot to learn from China’ – Odigie-Oyegun

It would appear that China has suddenly become a shiny role model for Nigeria as the National Chairman of All Progressives Congress (APC), John Odigie-Oyegun, on Thursday, disclosed that the President Buhari administration has learnt a lot from the Asian country, especially in the area of corruption and infrastructure development. Odigie-Oyegun made this known when... Read More
The News Blog
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May 5, 2016

Niger Delta Avengers blow up Chevron’s offshore oil platform

A group known as the Niger Delta Avengers, after series of warnings, has blown up the Chevron Valve Platform in Delta State. According to Sahara Reporters, the attack on the platform occurred at about 10:40pm on Wednesday night. An official of the Department of State Services (DSS), reportedly confirmed that the platform was totally destroyed... Read More
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